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Instructions - Read First
Instructions: The following worksheets describe two problems –
the first problem is for independent samples and the second
problem is for dependent samples. Your job is to demonstrate
the solution to each scenario by showing how to work through
each problem in detail. You are expected to explain all of the
steps in your own words.
Independent SamplesLow Lead LevelHigh Lead
Leveln178n22192.8886.9s115.34s28.99Critical Value:Test
Statistic:p-value:
1. Write the hypotheses in symbolic form, determine if the test
is right-tailed, left-tailed, or two tailed and explain why.
2. Calculate the critical value, the test statistic, and p-value.
Show calculations below.
3. Make a decision about the null hypothesis and explain your
reasoning, then make a conclusion about the claim in
nontechnical terms.
Independent Samples
A researcher conducted a test to learn the effect of lead levels
in human bodies. He collected the IQ scores for a random
sample of subjects with low lead levels in their blood and
another random sample of subjects with high lead levels in their
blood. The summary of finding is listed below. Use a 0.05
significance level to test the claim that the mean IQ score of
people with low lead levels is higher than the mean IQ score of
people with low lead levels.
We do not know the values of the population standard
deviations.
Dependent SamplesDays of
Release/BookPhoenixPrince144.258.2218.422.0325.826.8428.32
9.2523.021.8610.49.979.19.588.47.597.66.91010.29.3Critical
Value:Test Statistic:p-value:
4. Write the hypotheses in symbolic form, determine if the test
is right-tailed, left-tailed, or two tailed and explain why.
5. Calculate the critical value, the test statistic, and p-value.
Show calculations below.
6. Make a decision about the null hypothesis and explain your
reasoning, then make a conclusion about the claim in
nontechnical terms.
Dependent Samples
The Harry Potter books and movies made a lot of money. A fan
wanted to learn which of his favorite movies made more money.
He collected the amounts grossed in millions during the first
few days of releases of the movies Harry Potter and the Half-
Blood Prince and Harry Potter and the Order of the Phoenix.
Use a 0.05 significance level to test his claim that the Prince
movie did better at the box office.
Use the p-value method to determine whether or not to reject
the null hypothesis and state your conclusion.
Running head: PROJECT PROPOSAL 1
PROJECT PROPOSAL 2
Acquisition Project Plan
Mekdes Asaminew
Rasmussen College
04/8/2020
Acquisition Project Plan
Project Description
Kingston-Bryce Limited (KBL) is a custom furniture
manufacturer. The company specializes in the production of
hand-crafted dining room tables. As an attempt to enhance its
competitive advantage, KBL has decided to acquire one of its
closest competitors that deal with custom furniture. The
acquisition of the company will allow KBL to expand its
operations and increase its market share. Besides, increasing the
size of the organization will triple the workforce of the
company, thus enhancing efficiency and productivity.
According to Kokemuller (2020), a large workforce promotes
diversity in the organization, which is beneficial in terms of
creativity and overall productivity. As a result, the purchase of
the company is critical to KBL in meeting its organizational
goals.
Tasks and Milestones
Tasks and milestones are critical components of a project plan.
The project tasks involve activities of the larger project that
have been divided into manageable parts. Milestones, on the
other hand, are elements in the project schedule that show the
progress of the project. Milestones are also essential for
estimating the completion time of the project. The acquisition
of the competitor by KBL entails three phases; preparation,
transaction, and implementation. In the preparation phase, the
company develops and an acquisition plan that will enable them
to purchase the target firm. The plan entails a communication
strategy that will be used by KBL to reach the target company
and how they will present their offer to the management. This
task will take a maximum of three months to be completed.
If the target company accepts the offer, KBL will begin the
valuation analysis of the organization. This process, which will
take approximately three months, involves analyzing the
financial components, including key performance indicators
(KPIs) and key financial ratios such as profitability and
liquidity ratios and solvency ratios. Gadoiu (2014) indicates
that financial analysis helps in providing valuable information
about the company, such as profitability and efficiency. As a
result, valuation analysis is essential during the acquisition of
the target company.
The next phase in the project plan is the transaction between the
two companies. Kingston-Bryce will initiate the negotiation
process if they find the target company to be attractive for
acquisition. Negotiation is the most critical part of the project
and will take at least six months to be completed. The tasks
involved in the transaction phase include due diligence, the
configuration of the offer, and preparation of a contract for the
takeover. According to Savović (2013), transactional due
diligence allows the company to determine if they collected
accurate information necessary for the takeover. The process
also involves agreement on the mode of payment and other
underlying requirements essential for completing the
acquisition. Implementation of the plan will be the last phase of
the project. The tasks undertaken in this process include the
execution of the contract and the closing and integration of the
project.
Timeline for the Project
The duration of the acquisition project is 18 months. The
project timeline will be divided into three major phases;
initiation of the acquisition project, transaction, and
implementation. The initial phase (preparation) of the project
will take three months to be completed, while the transactions
will take six months since there are several tasks involved in
the process. On the other hand, the implementation process will
take a maximum of 6 months to be completed. The closing and
integration of the new acquisition will be completed in three
months.
Key Stakeholders
Successful implementation of the acquisition project requires
the recognition and involvement of key stakeholders. The most
critical group of stakeholders during acquisition is the
employees. Kingston-Bryce should consider the opinion of its
workforce before the acquisition to avoid resistance during the
implementation of the project. Other key stakeholders that
should be involved in the project decision-making include
investors, lenders, advisors, suppliers, and government
regulators. These stakeholders have significant influence;
therefore, their needs and wants should be considered.
References
Gadoiu, M. (2014). Advantages and limitations of the financial
ratios used in the financial diagnosis of the
enterprise. Scientific Bulletin-Economic Sciences, 13(2), 87-95.
https://pdfs.semanticscholar.org/7713/5df68d0e2b5d3c335f41ae
1bc5e7651c204b.pdf
Kokemuller, N. (2020). Advantages & Disadvantages of Having
a More Diverse Workforce. Retrieved from
https://smallbusiness.chron.com/advantages-disadvantages-
having-diverse-workforce-22935.html
Savović, S. (2013). Due diligence as a key success factor of
mergers and acquisitions. Actual Problems of Economics. 6.
424-434.
Running head: BUSINESS PROPOSAL
1
BUSINESS PROPOSAL
5
A Communication Plan
Mekdes Asaminew
Rasmussen College
05/01/2020
Introduction
A communication plan is an approach, which is policy driven
and meant to issue guidance to stakeholders as well as
employees within an organization. This plan is essential as it
classifies people who should be assigned specific info, the
communication channels to be included so that the information
can be delivered and what information needs to be sent (Foster,
2018). In this plan, there is also identification of people who
should communicate, passive information that is of high value
or that is sensitive and what methods, for example emails, face-
to-face, or video conferencing should be used to disseminate the
info (Foster, 2018). This paper contains a KBL communication
plan developed with strategies to will be used by the Board of
Directors to encourage the KBL team to perform Microsoft
Word project work.
Project kickoff welcome email
Hey everyone, we are glad to kickoff this project of
performing Microsoft Word work with our very own Kingstone-
Bryce Limited team members like you. The company hopes that
we can all work together and collaborate so that at the end of
the day we will be able to achieve the goals and objectives of
the project at hand. Our big and general goal is using Microsoft
Word in performing our project. Microsoft Word is an ideal that
can adopted in this project for the better outcomes so we have
to get the MS Word installed and running through.
Each member within this team will have a defined role
which he or she will conduct throughout the project (Heldman,
2018). John will take the lead as the project manager, Christine
will lead the copywriter team, Jane who is the art director will
have Mary and Peter helping her through and Johnson will work
alongside Andrew and Bill on the tech side. Since we have two
teams in this project which are: the KLB employees and our
competitor’s employees, we will get to know each other as time
goes on. We have discussed about this project for days and I
think the right time is in front of us deliver. Let us all make
KLB proud not forgetting our customers. Let us make it happen
because we know what to do. We have attached the specs of the
project so that everyone can know where to it. Please share all
related files about the project on KLB website link so that we
can document and archive everything. This meeting was an
email made one, where the same email was copied to involved
participants.
Project summary updates
I think as per now all of you understand our project. Our
projects name is Microsoft Word Launch and the project is on
track. The project manager and the team are in the concept
phase, which means a topic for this week is not yet chosen but
the tech and design teams are ready once the green light is
given. Since the overall topic is not yet given, the planning
team have had several meetings to try and bring it on table. So
far, the presented ideas are four but the final meeting will be
held on Monday to come up with the best out of the four. A
brief will be carried on before the week ends because of the
content team.
The content team is ready to writing a content copy as soon as
we finalize our idea. The content team is also gathering some
info about KBL before presenting it to the tech team. By the end
of next week, the design team will have come up with the style
of MS Word and a template will be choose. To touch on the
highlights, Johnson will be away on the tech team so any
questions should be directed to Andrew. Some of the challenges
we have include the tight deadline to complete the project shape
(MacAulay, Spilker, Berg, & Merrill, 2017). You should all
understand that we are working hard to keep all members
organized and understanding their role. This meeting was
presented to stakeholders via the email.
Project closing executive summary
The team really did a presentable job and I can give an applause
to all participants. We were able to meet all our objectives
including the set goals. The project-stakeholders were send
some copies of the deliverables that we were able to meet. I
would like to congratulate everyone who participated in making
KBL Company proud by bringing positive deliverables. We
need to take the same follow ups for our future projects. It’s
always advisable that when conducting a project to keep in mind
that teamwork is an appropriate aspect for sufficient deliveries
(Svendsen, Hansen, & Dorte, 2018). This meeting was a face-to-
face meeting that included the project manager, the sponsor of
the project, the entire project team and the Board of directors
for Kingston-Bryce Limited
References
Foster, A. (2018). A Communication Plan for Organizational
Effectiveness in a Youth Development Organization. Retrieved
from https://scholarlycommons.pacific.edu/uop_etds/3116/
Heldman, K. (2018). PMP: project management professional
exam study guide. John Wiley & Sons.
MacAulay, K., Spilker, E., Berg, J., & Merrill, E. (2017). Ya Ha
Tinda Carnivore Diet Analysis: Project Update. Retrieved from
http://www.wsfab.org/sites/default/files/projects/Ya%20Ha%20
Tinda%20Carnivore%20Diet%20Analysis%20Study_Update%20
May%202017.pdf
Svendsen, M., Hansen, C. R., & Dorte, A. (2018). Open Access
Monitor-DK: Concluding Conference and Executive Summary.
Retrieved from
https://www.forskningsdatabasen.dk/en/catalog/2441935402
Running Head: MITIGATING THE ACQUISITION RISKS
1
MITIGATING THE ACQUISITION RISKS
2
Mitigating the Acquisition Risks
Mekdes Asaminew
Rasmussen Collage
04/27/2020
Mitigating the Acquisition Risks
To: To the Management Department
From: Project Manager KLB
CC: The Planning and Operation Department
Date: 25 April 25, 2020
Subject: Proposed Guideline on the Acquisition Process
Risk avoidance
Kingston-Bryce Limited (KBL) acquisition of her competitor is
subject to the legal risk. This type of risk entails the negative
consequences the violation of laws and regulations governing
the running of businesses (Tanna & Yousef, 2019). With the
hasty pressure to acquire the competitor before they are
acquired by other rivals in the industry, we would forget to put
to consideration business legal compliance procedures which
would lead to litigation liabilities. Risk avoidance entails the
elimination of business hazards by totally avoiding
compromising events. Cognizant of this solution to risks, I
would propose that a technical team be formed to assess the
various legal compliance needs and striving to meet these needs
to avoid instances of legal action against our business.
Secondly, the team will ensure that all the party being acquired
had no prior legal violations to avoid inheriting a compromised
entity. This move will result in avoiding financial losses and
reputational damages that result from legal actions.
Risk Transfer
The acquisition process can be marred by the lack of cultural
compatibility between the parent organization and the newly
acquired institution. This could be characterized by
communication breakdown between the new employees and the
already existing ones. This incompatibility will result in low
employee productivity and the consequent poor organizational
performance. Financial uncertainty can also be resulted by the
large-scale recruitment of employees. This could lead of
business financial incapacitation and the eventual crumbling.
Risk transfer is the shifting the negative impact of the uncertain
events. Under these contractual agreements businesses are
shielded by the adverse effects of some occurrences (Bonaime
et al., 2018). I propose that KBL engage in new insurance
schemes that will cover the organization in the event that these
financial losses affect the livelihood of businesses. This will
reduce the likely financial vulnerability of the business.
Risk Reduction
The hasty process to acquire the competing institution before
rival organizations embark on the safe processes might result in
poor evaluation of the new organization’s assets a situation that
would result in overpayment by the parent business firm.
Additionally, the process would lead to poor evaluation of
employee value and the consequent laying off of key staff and
the employment of relatively incompetent operatives. This
would result in the weaving of a relatively defective workforce
and the consequent poor output of the staff. Risk reduction
entails the lessening of the negative effects resulted by
uncertainties in the practice of doing business (Li et al., 2018).
In our case, the acquisition of a new entity we should embark of
outsourcing a competent team that will evaluate skills of new
employees against the skills needed in the various new
departments. The outsourced teams will also be charged with
the responsibility of restructuring departments to enhance
efficiency. This will reduce the risk of poor employee
productivity and the likely financial and reputational losses
associated by the uncertainty ahead.
Risk Sharing
The new development, where KLB will acquire their competitor
and the coming hiring of new staff to run the newly established
huge corporation could lead to poor staff and poor
organizational systems which would affect the existing working
cultures exposing the company to financial failures and being
outdone by rival businesses. Risk sharing entails the
diminishing of vulnerabilities from uncertainties by distributing
the negative effects to the different departments and
personalities to lower the damage caused on single entities
(Green, 2016). To apply this to our upcoming situation, KLB
should diversify its production so as to make revenues from
some ventures as others suffer a beating from the uncertainties.
References
Bonaime, A., Gulen, H., & Ion, M. (2018). Does policy
uncertainty affect mergers and acquisitions?. Journal of
Financial Economics, 129(3), 531-558. Retrieved from;
https://www.sciencedirect.com/science/article/abs/pii/S0304405
X18301338
Green, M. B. (2016). Mergers and acquisitions. International
Encyclopedia of Geography: People, the Earth, Environment and
Technology, 1-9. Retrieved from;
https://onlinelibrary.wiley.com/doi/abs/10.1002/9781118786352
.wbieg0196.pub2
Li, K., Qiu, B., & Shen, R. (2018). Organization capital and
mergers and acquisitions. Journal of Financial and Quantitative
Analysis, 53(4), 1871-1909. Retrieved from;
https://www.cambridge.org/core/journals/journal-of-financial-
and-quantitative-analysis/article/organization-capital-and-
mergers-and-
acquisitions/E885C3A16B7483E0BE72A98B70954135
Tanna, S., & Yousef, I. (2019). Mergers and acquisitions:
implications for acquirers’ market risk. Managerial Finance.
Retrieved from;
https://www.emerald.com/insight/content/doi/10.1108/MF-09-
2018-0446/full/html
Running head: ACQUISITION PLAN 1
ACQUISITION PLAN 2
Acquisition Project Plan
Mekdes Asaminew
Rasmussen College
04/18/2020
Acquisition Project Plan
Project Scope
The scope of the project is a vital component of the project
management plan. It defines the extent and boundaries of the
project. The project scope includes a list of tasks, deliverables,
costs, and objectives. The scope helps project team members in
making critical decisions since it states the responsibilities and
boundaries of the project. As a result, the project scope is
essential for the successful completion of the acquisition
project.
The main objective of this project is to acquire one of its
competitors who will enable Kingston-Bryce Limited (KBL) to
expand its operations and increase the workforce. The
acquisition of the competitor is expected to elevate the
performance of the organization through an efficient reduction
of cost and revenue growth. Another goal of the project is to
create a new market for the company. According to Po (2015),
acquisition and mergers (M&A) provide an opportunity for
companies to sell their products in a new market. Additionally,
the acquisition project objective is to diversify its business
operations. Currently, KBL specializes in the production of
hand-crafted dining room tables. Therefore, acquiring the
competitor will allow the company to venture into the
production of custom furniture.
The deliverables of the acquisition project are categorized into
four phases. Phase one of the project involves defining and
explaining the decision to acquire another company. The step
includes detailing the importance of acquisition to the company,
both short and long-terms. The approach helps in convincing
key stakeholders to back up the project plan. The second phase
of the project is identifying and screening the target company.
Deliverables in this phase include due diligence of the
identified companies, quick valuation, and shortlisting potential
competitors for acquisition. During stage three of the project,
the management will deliberate on shortlisted companies and
rank them according to preference. A company with the most
desirable outcome will be selected for acquisition.
In this case, Kingston-Bryce Limited will select a custom
furniture manufacturer. Other critical tasks in this phase include
the negotiation of the deal and the signing of the contract.
According to Chaves (2012), both parties sign a confidentiality
agreement form where they consent to share all business, legal,
and financial information regarding their companies. The
agreement allows KBL to conduct due diligence and estimate
the value of the competitor using the discounted cash flow
(DCF) method. On the other hand, the agreement enables the
seller to determine the ability of KBL to acquire their company.
The final phase of the project involves the integration of the
company into the organization. This process includes
integrating the HR, IT, and other critical operation components
of the competitor into the KBL organizational system. The
process also allows KBL to take control of the new company.
Funding Schedule
The funding schedule refers to the plan through which the
company will finance the project. Usually, the project sponsor
is responsible for availing resources necessary for the
successful completion of the project (Pinto, 2009). In
collaboration with the project manager and key stakeholders,
the project sponsor prepares the project budget, which is
submitted to the KBL’s board of directors for approval.
The board had allocated the acquisition project $5 million, and
the funding will be done in three cycles. In the first cycle, the
project will receive $1 million, which will cover all the costs
incurred in the first, second, and part of the third phases of the
project, including due diligence, valuation, and negotiation. The
funding in the second cycle is $3 million, and this will be used
to acquire the competitor and to seal the deal. The funding in
the final phase will be $1 million, and this will go to the
integration expenses, including the transfer of data, HR and IT
integration, and training of the new workforce.
Timelines for the Acquisition
The acquisition project will take 18 months to complete. The
initial stage, which involves the definition and planning of the
project, will take 3 months. Some of the tasks that will be
completed in this phase include identification of key
stakeholders, approval of the project, budget preparation, and
establishment of the project team. Other tasks include the
delegation of roles and responsibilities and identification of
potential risks. The second phase of the project will take 4
months to be completed. During this period, the project
managers will lead the project team in identifying potential
companies for acquisition and screening them. The team will
also conduct a quick valuation and due diligence to determine
the best candidate for acquisition. Once this is done, the project
manager will compile a shortlist and submit it to the board of
management.
The third phase will take 8 months. This phase takes a lengthy
period to complete since it involves complex tasks such as in-
depth valuation, due diligence, and negations. Other tasks
include the application of regulatory approval and contractual
signings. The final phase will take 3 months to be completed.
Majorly, the project team will be focusing on the integration of
the new acquisition into the organization. Some of the tasks
involved are IT integration, HR integration, training, and data
transfer.
References
Chaves, S.F. (2012). Development of a Project Management
Methodology for Supporting Mergers & Acquisitions (M&A).
Industrial Master of Industrial Management (IMIM),
http://www.diva-
portal.org/smash/get/diva2:556304/attachment01
Pinto, J. Â. C. (2009). Financing the project. Paper presented at
PMI® Global Congress 2009—EMEA, Amsterdam, North
Holland, The Netherlands. Newtown Square, PA: Project
Management Institute.
Po, D. (2015). Benefits of mergers and acquisitions to strategic
buyers and impact on post-merger integration. Retrieved from
http://app1.hkicpa.org.hk/APLUS/2015/12/pdf/44_Largesource1
.pdf
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Instructions - Read FirstInstructions The following worksheets .docx

  • 1. Instructions - Read First Instructions: The following worksheets describe two problems – the first problem is for independent samples and the second problem is for dependent samples. Your job is to demonstrate the solution to each scenario by showing how to work through each problem in detail. You are expected to explain all of the steps in your own words. Independent SamplesLow Lead LevelHigh Lead Leveln178n22192.8886.9s115.34s28.99Critical Value:Test Statistic:p-value: 1. Write the hypotheses in symbolic form, determine if the test is right-tailed, left-tailed, or two tailed and explain why. 2. Calculate the critical value, the test statistic, and p-value. Show calculations below. 3. Make a decision about the null hypothesis and explain your reasoning, then make a conclusion about the claim in nontechnical terms. Independent Samples A researcher conducted a test to learn the effect of lead levels in human bodies. He collected the IQ scores for a random sample of subjects with low lead levels in their blood and another random sample of subjects with high lead levels in their blood. The summary of finding is listed below. Use a 0.05
  • 2. significance level to test the claim that the mean IQ score of people with low lead levels is higher than the mean IQ score of people with low lead levels. We do not know the values of the population standard deviations. Dependent SamplesDays of Release/BookPhoenixPrince144.258.2218.422.0325.826.8428.32 9.2523.021.8610.49.979.19.588.47.597.66.91010.29.3Critical Value:Test Statistic:p-value: 4. Write the hypotheses in symbolic form, determine if the test is right-tailed, left-tailed, or two tailed and explain why. 5. Calculate the critical value, the test statistic, and p-value. Show calculations below. 6. Make a decision about the null hypothesis and explain your reasoning, then make a conclusion about the claim in nontechnical terms. Dependent Samples The Harry Potter books and movies made a lot of money. A fan wanted to learn which of his favorite movies made more money. He collected the amounts grossed in millions during the first few days of releases of the movies Harry Potter and the Half- Blood Prince and Harry Potter and the Order of the Phoenix. Use a 0.05 significance level to test his claim that the Prince movie did better at the box office.
  • 3. Use the p-value method to determine whether or not to reject the null hypothesis and state your conclusion. Running head: PROJECT PROPOSAL 1 PROJECT PROPOSAL 2 Acquisition Project Plan Mekdes Asaminew Rasmussen College 04/8/2020 Acquisition Project Plan Project Description Kingston-Bryce Limited (KBL) is a custom furniture manufacturer. The company specializes in the production of
  • 4. hand-crafted dining room tables. As an attempt to enhance its competitive advantage, KBL has decided to acquire one of its closest competitors that deal with custom furniture. The acquisition of the company will allow KBL to expand its operations and increase its market share. Besides, increasing the size of the organization will triple the workforce of the company, thus enhancing efficiency and productivity. According to Kokemuller (2020), a large workforce promotes diversity in the organization, which is beneficial in terms of creativity and overall productivity. As a result, the purchase of the company is critical to KBL in meeting its organizational goals. Tasks and Milestones Tasks and milestones are critical components of a project plan. The project tasks involve activities of the larger project that have been divided into manageable parts. Milestones, on the other hand, are elements in the project schedule that show the progress of the project. Milestones are also essential for estimating the completion time of the project. The acquisition of the competitor by KBL entails three phases; preparation, transaction, and implementation. In the preparation phase, the company develops and an acquisition plan that will enable them to purchase the target firm. The plan entails a communication strategy that will be used by KBL to reach the target company and how they will present their offer to the management. This task will take a maximum of three months to be completed. If the target company accepts the offer, KBL will begin the valuation analysis of the organization. This process, which will take approximately three months, involves analyzing the financial components, including key performance indicators (KPIs) and key financial ratios such as profitability and liquidity ratios and solvency ratios. Gadoiu (2014) indicates that financial analysis helps in providing valuable information about the company, such as profitability and efficiency. As a result, valuation analysis is essential during the acquisition of the target company.
  • 5. The next phase in the project plan is the transaction between the two companies. Kingston-Bryce will initiate the negotiation process if they find the target company to be attractive for acquisition. Negotiation is the most critical part of the project and will take at least six months to be completed. The tasks involved in the transaction phase include due diligence, the configuration of the offer, and preparation of a contract for the takeover. According to Savović (2013), transactional due diligence allows the company to determine if they collected accurate information necessary for the takeover. The process also involves agreement on the mode of payment and other underlying requirements essential for completing the acquisition. Implementation of the plan will be the last phase of the project. The tasks undertaken in this process include the execution of the contract and the closing and integration of the project. Timeline for the Project The duration of the acquisition project is 18 months. The project timeline will be divided into three major phases; initiation of the acquisition project, transaction, and implementation. The initial phase (preparation) of the project will take three months to be completed, while the transactions will take six months since there are several tasks involved in the process. On the other hand, the implementation process will take a maximum of 6 months to be completed. The closing and integration of the new acquisition will be completed in three months. Key Stakeholders Successful implementation of the acquisition project requires the recognition and involvement of key stakeholders. The most critical group of stakeholders during acquisition is the employees. Kingston-Bryce should consider the opinion of its workforce before the acquisition to avoid resistance during the implementation of the project. Other key stakeholders that should be involved in the project decision-making include
  • 6. investors, lenders, advisors, suppliers, and government regulators. These stakeholders have significant influence; therefore, their needs and wants should be considered. References Gadoiu, M. (2014). Advantages and limitations of the financial ratios used in the financial diagnosis of the enterprise. Scientific Bulletin-Economic Sciences, 13(2), 87-95. https://pdfs.semanticscholar.org/7713/5df68d0e2b5d3c335f41ae 1bc5e7651c204b.pdf Kokemuller, N. (2020). Advantages & Disadvantages of Having a More Diverse Workforce. Retrieved from https://smallbusiness.chron.com/advantages-disadvantages- having-diverse-workforce-22935.html Savović, S. (2013). Due diligence as a key success factor of mergers and acquisitions. Actual Problems of Economics. 6. 424-434. Running head: BUSINESS PROPOSAL 1
  • 7. BUSINESS PROPOSAL 5 A Communication Plan Mekdes Asaminew Rasmussen College 05/01/2020 Introduction A communication plan is an approach, which is policy driven and meant to issue guidance to stakeholders as well as employees within an organization. This plan is essential as it classifies people who should be assigned specific info, the communication channels to be included so that the information can be delivered and what information needs to be sent (Foster, 2018). In this plan, there is also identification of people who should communicate, passive information that is of high value or that is sensitive and what methods, for example emails, face- to-face, or video conferencing should be used to disseminate the info (Foster, 2018). This paper contains a KBL communication plan developed with strategies to will be used by the Board of Directors to encourage the KBL team to perform Microsoft
  • 8. Word project work. Project kickoff welcome email Hey everyone, we are glad to kickoff this project of performing Microsoft Word work with our very own Kingstone- Bryce Limited team members like you. The company hopes that we can all work together and collaborate so that at the end of the day we will be able to achieve the goals and objectives of the project at hand. Our big and general goal is using Microsoft Word in performing our project. Microsoft Word is an ideal that can adopted in this project for the better outcomes so we have to get the MS Word installed and running through. Each member within this team will have a defined role which he or she will conduct throughout the project (Heldman, 2018). John will take the lead as the project manager, Christine will lead the copywriter team, Jane who is the art director will have Mary and Peter helping her through and Johnson will work alongside Andrew and Bill on the tech side. Since we have two teams in this project which are: the KLB employees and our competitor’s employees, we will get to know each other as time goes on. We have discussed about this project for days and I think the right time is in front of us deliver. Let us all make KLB proud not forgetting our customers. Let us make it happen because we know what to do. We have attached the specs of the project so that everyone can know where to it. Please share all related files about the project on KLB website link so that we can document and archive everything. This meeting was an email made one, where the same email was copied to involved participants. Project summary updates I think as per now all of you understand our project. Our projects name is Microsoft Word Launch and the project is on track. The project manager and the team are in the concept phase, which means a topic for this week is not yet chosen but the tech and design teams are ready once the green light is given. Since the overall topic is not yet given, the planning team have had several meetings to try and bring it on table. So
  • 9. far, the presented ideas are four but the final meeting will be held on Monday to come up with the best out of the four. A brief will be carried on before the week ends because of the content team. The content team is ready to writing a content copy as soon as we finalize our idea. The content team is also gathering some info about KBL before presenting it to the tech team. By the end of next week, the design team will have come up with the style of MS Word and a template will be choose. To touch on the highlights, Johnson will be away on the tech team so any questions should be directed to Andrew. Some of the challenges we have include the tight deadline to complete the project shape (MacAulay, Spilker, Berg, & Merrill, 2017). You should all understand that we are working hard to keep all members organized and understanding their role. This meeting was presented to stakeholders via the email. Project closing executive summary The team really did a presentable job and I can give an applause to all participants. We were able to meet all our objectives including the set goals. The project-stakeholders were send some copies of the deliverables that we were able to meet. I would like to congratulate everyone who participated in making KBL Company proud by bringing positive deliverables. We need to take the same follow ups for our future projects. It’s always advisable that when conducting a project to keep in mind that teamwork is an appropriate aspect for sufficient deliveries (Svendsen, Hansen, & Dorte, 2018). This meeting was a face-to- face meeting that included the project manager, the sponsor of the project, the entire project team and the Board of directors for Kingston-Bryce Limited
  • 10. References Foster, A. (2018). A Communication Plan for Organizational Effectiveness in a Youth Development Organization. Retrieved from https://scholarlycommons.pacific.edu/uop_etds/3116/ Heldman, K. (2018). PMP: project management professional exam study guide. John Wiley & Sons. MacAulay, K., Spilker, E., Berg, J., & Merrill, E. (2017). Ya Ha Tinda Carnivore Diet Analysis: Project Update. Retrieved from http://www.wsfab.org/sites/default/files/projects/Ya%20Ha%20 Tinda%20Carnivore%20Diet%20Analysis%20Study_Update%20 May%202017.pdf Svendsen, M., Hansen, C. R., & Dorte, A. (2018). Open Access Monitor-DK: Concluding Conference and Executive Summary. Retrieved from https://www.forskningsdatabasen.dk/en/catalog/2441935402 Running Head: MITIGATING THE ACQUISITION RISKS 1 MITIGATING THE ACQUISITION RISKS 2 Mitigating the Acquisition Risks Mekdes Asaminew Rasmussen Collage 04/27/2020
  • 11. Mitigating the Acquisition Risks To: To the Management Department From: Project Manager KLB CC: The Planning and Operation Department Date: 25 April 25, 2020 Subject: Proposed Guideline on the Acquisition Process Risk avoidance Kingston-Bryce Limited (KBL) acquisition of her competitor is subject to the legal risk. This type of risk entails the negative consequences the violation of laws and regulations governing the running of businesses (Tanna & Yousef, 2019). With the hasty pressure to acquire the competitor before they are acquired by other rivals in the industry, we would forget to put to consideration business legal compliance procedures which would lead to litigation liabilities. Risk avoidance entails the elimination of business hazards by totally avoiding compromising events. Cognizant of this solution to risks, I would propose that a technical team be formed to assess the various legal compliance needs and striving to meet these needs to avoid instances of legal action against our business. Secondly, the team will ensure that all the party being acquired had no prior legal violations to avoid inheriting a compromised entity. This move will result in avoiding financial losses and reputational damages that result from legal actions. Risk Transfer The acquisition process can be marred by the lack of cultural compatibility between the parent organization and the newly acquired institution. This could be characterized by communication breakdown between the new employees and the already existing ones. This incompatibility will result in low employee productivity and the consequent poor organizational performance. Financial uncertainty can also be resulted by the large-scale recruitment of employees. This could lead of business financial incapacitation and the eventual crumbling.
  • 12. Risk transfer is the shifting the negative impact of the uncertain events. Under these contractual agreements businesses are shielded by the adverse effects of some occurrences (Bonaime et al., 2018). I propose that KBL engage in new insurance schemes that will cover the organization in the event that these financial losses affect the livelihood of businesses. This will reduce the likely financial vulnerability of the business. Risk Reduction The hasty process to acquire the competing institution before rival organizations embark on the safe processes might result in poor evaluation of the new organization’s assets a situation that would result in overpayment by the parent business firm. Additionally, the process would lead to poor evaluation of employee value and the consequent laying off of key staff and the employment of relatively incompetent operatives. This would result in the weaving of a relatively defective workforce and the consequent poor output of the staff. Risk reduction entails the lessening of the negative effects resulted by uncertainties in the practice of doing business (Li et al., 2018). In our case, the acquisition of a new entity we should embark of outsourcing a competent team that will evaluate skills of new employees against the skills needed in the various new departments. The outsourced teams will also be charged with the responsibility of restructuring departments to enhance efficiency. This will reduce the risk of poor employee productivity and the likely financial and reputational losses associated by the uncertainty ahead. Risk Sharing The new development, where KLB will acquire their competitor and the coming hiring of new staff to run the newly established huge corporation could lead to poor staff and poor organizational systems which would affect the existing working cultures exposing the company to financial failures and being outdone by rival businesses. Risk sharing entails the diminishing of vulnerabilities from uncertainties by distributing the negative effects to the different departments and
  • 13. personalities to lower the damage caused on single entities (Green, 2016). To apply this to our upcoming situation, KLB should diversify its production so as to make revenues from some ventures as others suffer a beating from the uncertainties. References Bonaime, A., Gulen, H., & Ion, M. (2018). Does policy uncertainty affect mergers and acquisitions?. Journal of Financial Economics, 129(3), 531-558. Retrieved from; https://www.sciencedirect.com/science/article/abs/pii/S0304405 X18301338 Green, M. B. (2016). Mergers and acquisitions. International Encyclopedia of Geography: People, the Earth, Environment and Technology, 1-9. Retrieved from; https://onlinelibrary.wiley.com/doi/abs/10.1002/9781118786352 .wbieg0196.pub2 Li, K., Qiu, B., & Shen, R. (2018). Organization capital and mergers and acquisitions. Journal of Financial and Quantitative Analysis, 53(4), 1871-1909. Retrieved from; https://www.cambridge.org/core/journals/journal-of-financial- and-quantitative-analysis/article/organization-capital-and- mergers-and- acquisitions/E885C3A16B7483E0BE72A98B70954135 Tanna, S., & Yousef, I. (2019). Mergers and acquisitions: implications for acquirers’ market risk. Managerial Finance. Retrieved from; https://www.emerald.com/insight/content/doi/10.1108/MF-09- 2018-0446/full/html
  • 14. Running head: ACQUISITION PLAN 1 ACQUISITION PLAN 2 Acquisition Project Plan Mekdes Asaminew Rasmussen College 04/18/2020 Acquisition Project Plan Project Scope The scope of the project is a vital component of the project management plan. It defines the extent and boundaries of the project. The project scope includes a list of tasks, deliverables, costs, and objectives. The scope helps project team members in making critical decisions since it states the responsibilities and boundaries of the project. As a result, the project scope is
  • 15. essential for the successful completion of the acquisition project. The main objective of this project is to acquire one of its competitors who will enable Kingston-Bryce Limited (KBL) to expand its operations and increase the workforce. The acquisition of the competitor is expected to elevate the performance of the organization through an efficient reduction of cost and revenue growth. Another goal of the project is to create a new market for the company. According to Po (2015), acquisition and mergers (M&A) provide an opportunity for companies to sell their products in a new market. Additionally, the acquisition project objective is to diversify its business operations. Currently, KBL specializes in the production of hand-crafted dining room tables. Therefore, acquiring the competitor will allow the company to venture into the production of custom furniture. The deliverables of the acquisition project are categorized into four phases. Phase one of the project involves defining and explaining the decision to acquire another company. The step includes detailing the importance of acquisition to the company, both short and long-terms. The approach helps in convincing key stakeholders to back up the project plan. The second phase of the project is identifying and screening the target company. Deliverables in this phase include due diligence of the identified companies, quick valuation, and shortlisting potential competitors for acquisition. During stage three of the project, the management will deliberate on shortlisted companies and rank them according to preference. A company with the most desirable outcome will be selected for acquisition. In this case, Kingston-Bryce Limited will select a custom furniture manufacturer. Other critical tasks in this phase include the negotiation of the deal and the signing of the contract. According to Chaves (2012), both parties sign a confidentiality agreement form where they consent to share all business, legal, and financial information regarding their companies. The agreement allows KBL to conduct due diligence and estimate
  • 16. the value of the competitor using the discounted cash flow (DCF) method. On the other hand, the agreement enables the seller to determine the ability of KBL to acquire their company. The final phase of the project involves the integration of the company into the organization. This process includes integrating the HR, IT, and other critical operation components of the competitor into the KBL organizational system. The process also allows KBL to take control of the new company. Funding Schedule The funding schedule refers to the plan through which the company will finance the project. Usually, the project sponsor is responsible for availing resources necessary for the successful completion of the project (Pinto, 2009). In collaboration with the project manager and key stakeholders, the project sponsor prepares the project budget, which is submitted to the KBL’s board of directors for approval. The board had allocated the acquisition project $5 million, and the funding will be done in three cycles. In the first cycle, the project will receive $1 million, which will cover all the costs incurred in the first, second, and part of the third phases of the project, including due diligence, valuation, and negotiation. The funding in the second cycle is $3 million, and this will be used to acquire the competitor and to seal the deal. The funding in the final phase will be $1 million, and this will go to the integration expenses, including the transfer of data, HR and IT integration, and training of the new workforce. Timelines for the Acquisition The acquisition project will take 18 months to complete. The initial stage, which involves the definition and planning of the project, will take 3 months. Some of the tasks that will be completed in this phase include identification of key stakeholders, approval of the project, budget preparation, and establishment of the project team. Other tasks include the delegation of roles and responsibilities and identification of potential risks. The second phase of the project will take 4 months to be completed. During this period, the project
  • 17. managers will lead the project team in identifying potential companies for acquisition and screening them. The team will also conduct a quick valuation and due diligence to determine the best candidate for acquisition. Once this is done, the project manager will compile a shortlist and submit it to the board of management. The third phase will take 8 months. This phase takes a lengthy period to complete since it involves complex tasks such as in- depth valuation, due diligence, and negations. Other tasks include the application of regulatory approval and contractual signings. The final phase will take 3 months to be completed. Majorly, the project team will be focusing on the integration of the new acquisition into the organization. Some of the tasks involved are IT integration, HR integration, training, and data transfer. References Chaves, S.F. (2012). Development of a Project Management Methodology for Supporting Mergers & Acquisitions (M&A). Industrial Master of Industrial Management (IMIM), http://www.diva- portal.org/smash/get/diva2:556304/attachment01 Pinto, J. Â. C. (2009). Financing the project. Paper presented at PMI® Global Congress 2009—EMEA, Amsterdam, North Holland, The Netherlands. Newtown Square, PA: Project Management Institute. Po, D. (2015). Benefits of mergers and acquisitions to strategic buyers and impact on post-merger integration. Retrieved from http://app1.hkicpa.org.hk/APLUS/2015/12/pdf/44_Largesource1 .pdf