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Research the following area pertaining to File Systems:
· How viruses are saved on hard drive and how antivirus scans
dig them out
· How do files systems handle shared file and concurrency
· How are data retrieval utilities able to find files that have been
deleted
· Explain how directory system operations work (Create,
Opendir, Closedir, etc)
APA FORMAT (Included in-text citations)
Prepare to demonstrate (Power Point or Excel)
Assignment 1SAMPLE Salesforce.comRisk Ranking
(pg. 26)Risk Name
(10-K Annual Report, Other)Description of the risk Risk Profile
(Pg. 28)Severity Scoring (pg 28)Mitigation Planning
(Pg 30)1 - highest severity/frequency (on the list on my
table)License RenewalsForecasts of revenue are based on
customers renewing their software license contracts. If price
increases, customer service drops, or competition increases,
then renewals and revenue will decrease.Financial Risk. Could
also be partly operational, strategic, industry, or brand3 -
concerning to stakeholdersTake internal actions to mitigate the
risk. This risk cannot be accepted or transferred. Internal
actions include enuring that our pricing reflects market
competition and customer expectations, that our products are
meeting requirements, that our customer service is providing the
highest level support, that we identify clients that are at risk of
not renewing and actions are taken.INTELRisk Ranking
(pg. 26)Risk Name
(10-K Annual Report, Other)Description of the risk Risk Profile
(Pg. 28)Severity Scoring (pg 28)Mitigation Planning
(Pg 30)3-Normal ActivityIntel face significant competitionThe
industry in which we operate is highly competitive and subject
to rapid technological and market developments, changes in
industry standards, changes in customer needs, and frequent
product introductions and improvements. If we do not anticipate
and respond to these developments, our competitive position
may weaken, and our products or technologies might be
uncompetitive or become obsoleteIndustry Risk. Includes
factors that can alter the competitive profile of the industry ,
such as changes in the entire size of the market that the industry
serves, the rate at which the industry is consolidating , and the
ability of new competitors to enter the market.5- Potentially
business threateningTransfer the risk. I believe that this risk
would be acceptable because it will cover the lost profits from
business interuptions.3- Normal Activity Investments in new
businesses, products, and technologies are inherently risky and
may not succeedAn economic downturn or increased uncertainty
may also lead to increased credit and collectibility risks, higher
borrowing costs or limits on our access to capital markets,
reduced liquidity, adverse impacts on our suppliers, failures of
counterparties and other financial institutions, and declines in
the value of our financial instrumentsFinancial Includes the
risks of customer nonpayment , foreign exchange rate
variability and capital availability concerns.4- Major
DisruptionTransfer the risk. I believe that this risk would be
acceptable because it will cover the lost profits from business
interuptions.2- Modest ActivityGlobal or regional conditions
may harm our financial resultsAdverse changes in global or
regional economic conditions, including recession or slowing
growth, changes or uncertainty in fiscal or monetary policy,
higher interest rates, tighter credit, inflation, lower capital
expenditures by businesses including on IT infrastructure,
increases in unemployment, and lower consumer confidence and
spending, could significantly harm demand for our products and
make it more challenging to forecast our operating results and
make business decisions, including regarding prioritization of
investments in our business. AEnvironmental . Includes -Fines
and remediation costs related to pollutions, as well as damage to
the environment. Catastrophic . Primarily includes natural
disasters , such as hurricanes, earthquakes , tornadoes, and
floods.5- Potentially business threateningTransfer the risk. I
believe that this risk would be acceptable because it will cover
the lost profits from business interuptions.AMDRisk Ranking
(pg. 26)Risk Name
(10-K Annual Report, Other)Description of the risk Risk Profile
(Pg. 28)Severity Scoring (pg 28)Mitigation Planning
(Pg 30)5-Normal ActivityThe loss of a significant customer may
have a material adverse effect on usIf one of our key customers
decides to stop buying our products, or if one of these
customers materially reduces or reorganizes its operations or its
demand for our products, our business would be materially
adversely affected.Brand-Includes issues that can cause the
perception of a company's brand to decline , such as a product
recall, marketing flop, bad publicity, negative product reviews,
and public squabbles with business partners.5-Potentially
Business ThreateningTo accept the Risk- The likely payout from
a risk may be so small that the company can easily bear the risk
of loss.4- High ActivityGlobal economic and market uncertainty
may adversely impact our business and operating
resultsUncertain global economic conditions have in the past
and may in the future adversely impact our business, including,
without limitation, a slowdown in the Chinese economy, one of
the largest global markets for desktop and notebook
PCsEnvironmental- Includes fines and remediation costs related
to pollution, as well as damage to the environment.4- Major
DisruptionTo accept the risk- Since global economic conditions
happen quarterly the risk may be so small that the risk is low4-
High ActivityOur operating results are subject to quarterly and
seasonal sales patterns.The products that we sell are complex
and may be subject to security vulnerabilities that could result
in, among other things, the loss, corruption, theft or misuse of
confidential data or system performance issues.Information
technology- Includes factors that do not allow an organization
to have responsive IT systems, such as being tied to legacy
software and having a significant amount of systems.2-Material
ImpactTransfer the risk to Cyber Risk Insurance - Also known
as network security liablity insurance, which is considered by
CFO and also covers asset information.
&"Calibri Bold,Bold"&14&K000000&A
&"Calibri,Regular"&K000000&D
&"Calibri,Regular"&K000000&F
&"Calibri,Regular"&K000000&P
Instructions
1. The purpose of this template is to gather data that will be
analyzed and discussed in the Assignment Part B submission.
Insert the name of the company in the "Company 1 or Company
2" headings so we know which company is being reviewed.
2. The template uses the terminology in the CFO Guidebook
chapter on Risks.
3. Risks of the company are disclosed in the annual 10-K report
section Item 1A Risk Factors. Use the risks in the 10-K as your
basis for your template. You can also get additional risks from
the Morningstar Analyst Report, or from news articles about the
company. Try to narrow down the laundry list of risks to a few
unique (only applies to one company but not the other) and
major risks.
4. There is no "magic" number of risks to be included in your
template. Try to aim for 3-5 risks per company to compare and
analyze. More is not better - quality over quantity.
5. You can delete extra rows, or add rows. You can also change
the font size and the column widths. Keep the headings
standard. While not a requirement, if you believe an additional
column is required to better describe/classify your risks, then
add it.
6. While not a requirement, you can copy/paste the Excel
completed table as a picture to your Word document if it makes
it easier to reference in your analysis and recommendations.
Assignment 2Company 1 INSERT COMPANY NAME
HERECompany 2 INSERT COMPANY NAME
HEREMorningstar Analyst
Report201820172016201820172016ValuationPrice/SalesPrice/E
arningsPrice/BookEarnings Yield %GrowthRevenue %Operating
income %Net Income %Financial HealthQuick Ratiointerest
CoverageDebt/EquityProfitabilityROAROEROICNet margin %
&"Calibri Bold,Bold"&14&K000000&A
&"Calibri,Regular"&K000000&D
&"Calibri,Regular"&K000000&F
&"Calibri,Regular"&K000000&P
Instructions
1. The purpose of this template is to gather data that will be
analyzed and discussed in the Assignment Part B submission.
Insert the name of the company in the "Company 1 or Company
2" headings so we know which company is being reviewed.
2. The template uses the ratio terminology in the CFO
Guidebook. We have also provided you with a Course Ratio
Checklist you can use to understand what the ratios mean and
how they are calculated. Please use Current Year ratios as the
base ratios. For example, the most recent full year.
3. Ratios for the companies are included in the Morningstar
analyst report provided in the course. Some ratios are also
provided in the 10-K Annual Report, from online sources, or
can be calculated - but for this exercise you can use the
Morningstar analyst report as you primary source.
4. Do not delete ratios from the table. There is no requirement
to add extra ratios, unless your believe there are othe ratios that
best helps you describe the performance impacting the valuation
of the companies. More is not necessarily better - we are
looking for quality over quantity.
5. The ratios in this execrcise are based on historical
performance. When comparing the ratios of the two companies
side-by-side, you will notice differences. One company may
seem to have performed better - we are looking for your insight
for that difference in performance.
6. You can also change the font size and the column widths.
Keep the headings standard. While not a requirement, if you
believe an additional column is required to better
describe/classify your risks, then add it.
7. While not a requirement, you can copy/paste the Excel
completed table as a picture in your Word document if it makes
it easier to reference in your analysis and recommendations.
Assignment 3Company 1 INSERT COMPANY NAME
HERECompany 2 INSERT COMPANY NAME
HEREMorningstar Analyst Report
Data201820172016201820172016Income StatementRevenue
(Bil)Operating Income (Bil)Net Income (Bil)Operating
PerformanceGross Margin %Operating Margin %Net Margin
%Days Sales OutstandingDays InventoryDays
PayablesReceivables TurnoverInventory TurnoverFixed Asset
TurnoverTotal Asset Turnover
&"Calibri Bold,Bold"&14&K000000&A
&"Calibri,Regular"&K000000&D
&"Calibri,Regular"&K000000&F
&"Calibri,Regular"&K000000&P
Instructions
1. The purpose of this template is to gather data that will be
analyzed and discussed in the Assignment Part B submission.
Insert the name of the company in the "Company 1 or Company
2" headings so we know which company is being reviewed.
2. You will be reviewing the financial data from various years
looking for trends.
3. The template uses the ratio terminology in the CFO
Guidebook. We have also provided you with a Course Ratio
Checklist you can use to understand what the ratios mean and
how they are calculated.
4. Ratios for the companies are included in the Morningstar
analyst report provided in the course. Some ratios are also
provided in the 10-K Annual Report, from online sources, or
can be calculated - but for this exercise you can use the
Morningstar analyst report as you primary source.
5. Do not delete ratios from the table. There is no requirement
to add extra ratios, unless your believe there are othe ratios that
best helps you describe the performance impacting the forecast
of the companies. More is not necessarily better - we are
looking for quality over quantity.
6. When comparing the forecasts of the two companies side-by-
side, you will notice differences. One company may seem to
have better trends - we are looking for your insight of the
difference in performance.
7. You can also change the font size and the column width.
Keep the headings standard.
8. While not a requirement, you can copy/paste the Excel
completed table as a picture in your Word document if it makes
it easier to reference in your analysis and recommendations.
3
JWI 531 Finance II Assignment 1Template
HOW TO USE THIS TEMPLATE:
This is a template and checklist corresponding to your
Assignment 1 paper: Enterprise Risk Management and Moat
Strength. See below for an explanation of the color-coding in
this template:
· All green text includes instructions to support your writing.
You should delete all green text before submitting your final
paper.
· All blue text indicates areas where you need to replace text
with your own information. Replace the blue text with your
own words in black.
· Headings and subheadings are written in black, bold type.
Keep these in your paper.
TIPS:
· Write in the third person, using “he” or “she” or “they”, or
using specific names. Do not use the second person “you”.
· The body of this paper has one-inch margins and uses a
professional font (size 10-12); we recommend Arial or Times
New Roman fonts.
· The Assignment template is already formatted with all needed
specifications like margins, appropriate font, and double
spacing.
· Before submitting your paper, use Grammarly to check for
punctuation and usage errors and make the required corrections.
Then read aloud to edit for tone and flow.
· You should also run your paper through SafeAssign to ensure
that it meets the required standards for originality.
FINALIZING YOUR PAPER
Your submission should be a maximum of 4 pages in length.
The page count doesnotinclude the Cover Page at the beginning
and the References page at the end. The final paper that you
submit for grading should be in black text only with all
remaining green text and blue text removed. Assignment 1:
Enterprise Risk Analysis and Moat Strength
Author’s Name
Jack Welch Management Institute
Professor’s Name
JWI 531
Date
Introduction
An Introduction should be succinct and to the point. Start your
Introduction with a general and brief observation about the
paper’s topic. Write a thesis statement, which is the “road map”
for your paper - it helps your reader to navigate your work. In
your thesis statement, be specific about the major areas you
plan to address in your paper.
The headings below should guide your introduction, since they
identify the topics to be addressed in your paper. The
introduction is not a graded part of your rubric but it helps your
reader to understand what your assignment will be about. We
recommend that you write this part of your Introduction after
you complete the other sections of your paper. It only needs to
be one paragraph in length.
Analysis and Recommendations
You must answer each of the following questions in your paper.
Keep your responses focused on the topic. Straying off into
additional areas, even if they are interesting, will not earn
additional marks, and may actually detract from the clarity of
your responses.
I. Where is each company in its corporate lifecycle (startup,
growth, maturity or decline)? Explain.
Before writing your response to this question, make sure you
understand what characterizes each of these categories used to
describe corporate lifecycle. If you are still unclear based on
your course readings, take some time to do additional research
on the Web. In your answer, include a clear statement about
where each (not just one) company is in its corporate lifecycle.
Then, for each company, explain how it matches the
characteristics that define the category. Include specific details
such as how long the company has been around, whether
demand for their products is growing or shrinking, and what the
competitive landscape looks like. Your response to this
question should be approximately two paragraphs in length.
II. Based on your review of the analysts’ reports and the 10-K
reports, which company appears to have more risk? Why?
Note that this question requires you to review both the
companies’ own published statements AND third-party sources.
The focus of your response should be on the comparison of the
overall risk levels the companies face. Do not simply restate
the risks identified for each, but explain: (1) areas in which the
risk levels are similar and (2) areas where they are different.
Remember, you must explain WHY you have reached the
conclusions you have about the overall risk-level comparison of
the companies. You can probably address this question in a
single paragraph, but your response should definitely not exceed
two paragraphs.
III. Which categories of risk pose the greatest threat to each
organization? Why?
This question is a continuation of the previous question. Now
that you have compared relative overall risk levels of each
company, you will get into detail about which risk categories
pose the greatest threat to each organization. Your analysis
may conclude that they face the greatest threats from the same
risk sources, or that the risks each faces are from different
sources. Since this question does not directly ask for a
comparison in the way that the previous question did, you may
decide that a paragraph on each company is the best way to
respond, or you may prefer to first identify the risk categories
that each faces and then create a second paragraph to explain
why and defend your position. The second approach works well
if the risk categories are the same for both companies. Your
response to this question should be approximately two
paragraphs in length.
IV. Which company has the stronger economic moat? Explain.
An economic moat is a metaphor for how a company creates and
protects its place in the market. Moats are the capabilities the
organization has to keep its customers coming back and to keep
other competitors from stepping in and taking them away.
Companies build moats through things like: price advantage,
quality, speed of service, marketing, brand reputation, etc. In
writing your response to this question, you must: (a) clearly
state which company has the stronger economic moat, (b)
summarize the factors that contribute to its moat strength in key
areas, and (c) explain why you have concluded that the moat
strength of one company is superior to the other. You can
probably address this question in a single paragraph, but your
response should definitely not exceed two paragraphs.
V. For the company that has the weaker economic moat, what
two risk factors should they prioritize to improve their risk
mitigation and strengthen their competitive advantage? Make
specific reference to the applicable risk-management tools
discussed on pages 30-63 of The CFO Guidebook.
The final question of your paper shifts from analysis to
recommendation. Your reponse must present a plan of action.
It is not sufficient to simply identify any two risk areas.
Explain why these particular risks deserve to be prioritized.
Remember, risk can never be entirely eliminated in business. It
can only be managed. As you develop your position, stay
focused on the two things that define risk management: (a)
reducing the likelihood of the risk actually occurring and (b)
minimizing the negative impact if the risk event actually does
occur. A well-written response to this question must center on
prioritization. That means you need to focus your
recommendation on both the risks that could cause the most
damage AND on actions that can be taken NOW to mitigate
those risks. Focusing on a long-term high-risk factor may be
important, but if there is a more immediate risk that needs to be
addressed now, this may be the greater priority. Remember,
your response must include a rationale for your
recommendations. You can probably address this question in a
single paragraph, but your response should definitely not exceed
two paragraphs.
References
Use the information below to format your in-text citations
correctly. Note how the source number connects each citation
with the References list on the last page of your paper.
For more citation examples and a sample References page, see
the Sample Professional Paper and the JWMI Writing Standards
Guide. You can find both these documents in the Course
Documents menu item in your Blackboard course.
In-Text Citations
Within the body of your paper, when concepts from specific
sources are used, a citation with the author’s last name and the
number of the citation in your References list is required: e.g.,
(Welch, 1). This is called an in-text citation. See below for two
examples:
“Leadership is about helping other people grow and succeed”
(Welch, 1).
In this example, notice the placement of quotation marks, cited
text, and the period after the citation. The number 1 corresponds
to the first entry on your References page.
When the reader looks at the References page, they should see
the Welch book Winning listed as source number one (1). It is
number 1 because it is the first source used in the paper, and
throughout the paper this source will continue to be referred to
as (1).
If the next source you use in your paper is Bragg, then your
citation is (Bragg, 2). If you then refer to Jack’s ideas again
later in the paper, he remains (Welch, 1) because it is the first
source used in the paper, and throughout the paper this source
will continue to be referred to as (1).
Linking Citations with your References Page
At the end of your paper, include a page with a list of all your
references. It must include an entry for every source that you
have cited or quoted in your paper.
The format of the references list varies by source type. There
are examples of different source types in the sample References
page at the end of this document. You may also refer to the
Sample Professional Paper and/or the JWMI Writing Standards
Guide. You can find both these documents in the Course
Documents menu item in your Blackboard course.
Quotations
Originality is an important aspect of graduate writing. To
ensure original thinking and avoid plagiarism, you should keep
direct quotation to a minimum. Generally, keep your quotes to
25 words or less, and no more than 1-2 sentences. See below
for an example of a direct quotation:
“Leadership is about helping other people grow and succeed”
(Welch, 1).
In this example, notice the placement of quotation marks, cited
text, and the period after the citation. The number 1 corresponds
to the first entry on our References page.
Paraphrasing
When you paraphrase, you put the information from another
writer in your own words. This is much preferable to quoting, as
it shows your understanding of the material. In this case, you
should use in-text citation, but quotation marks are not
required. See below for an example of paraphrasing:
In his Rule 3, Welch says that strong leaders display an
impression of vitality and confidence (1).
Since the author’s name was used in the sentence, we do not
need to include it again in the parentheses, so we just provide
the Reference number, which is (1).
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  • 1. Research the following area pertaining to File Systems: · How viruses are saved on hard drive and how antivirus scans dig them out · How do files systems handle shared file and concurrency · How are data retrieval utilities able to find files that have been deleted · Explain how directory system operations work (Create, Opendir, Closedir, etc) APA FORMAT (Included in-text citations) Prepare to demonstrate (Power Point or Excel) Assignment 1SAMPLE Salesforce.comRisk Ranking (pg. 26)Risk Name (10-K Annual Report, Other)Description of the risk Risk Profile (Pg. 28)Severity Scoring (pg 28)Mitigation Planning (Pg 30)1 - highest severity/frequency (on the list on my table)License RenewalsForecasts of revenue are based on customers renewing their software license contracts. If price increases, customer service drops, or competition increases, then renewals and revenue will decrease.Financial Risk. Could also be partly operational, strategic, industry, or brand3 - concerning to stakeholdersTake internal actions to mitigate the risk. This risk cannot be accepted or transferred. Internal actions include enuring that our pricing reflects market competition and customer expectations, that our products are meeting requirements, that our customer service is providing the highest level support, that we identify clients that are at risk of not renewing and actions are taken.INTELRisk Ranking (pg. 26)Risk Name
  • 2. (10-K Annual Report, Other)Description of the risk Risk Profile (Pg. 28)Severity Scoring (pg 28)Mitigation Planning (Pg 30)3-Normal ActivityIntel face significant competitionThe industry in which we operate is highly competitive and subject to rapid technological and market developments, changes in industry standards, changes in customer needs, and frequent product introductions and improvements. If we do not anticipate and respond to these developments, our competitive position may weaken, and our products or technologies might be uncompetitive or become obsoleteIndustry Risk. Includes factors that can alter the competitive profile of the industry , such as changes in the entire size of the market that the industry serves, the rate at which the industry is consolidating , and the ability of new competitors to enter the market.5- Potentially business threateningTransfer the risk. I believe that this risk would be acceptable because it will cover the lost profits from business interuptions.3- Normal Activity Investments in new businesses, products, and technologies are inherently risky and may not succeedAn economic downturn or increased uncertainty may also lead to increased credit and collectibility risks, higher borrowing costs or limits on our access to capital markets, reduced liquidity, adverse impacts on our suppliers, failures of counterparties and other financial institutions, and declines in the value of our financial instrumentsFinancial Includes the risks of customer nonpayment , foreign exchange rate variability and capital availability concerns.4- Major DisruptionTransfer the risk. I believe that this risk would be acceptable because it will cover the lost profits from business interuptions.2- Modest ActivityGlobal or regional conditions may harm our financial resultsAdverse changes in global or regional economic conditions, including recession or slowing growth, changes or uncertainty in fiscal or monetary policy, higher interest rates, tighter credit, inflation, lower capital expenditures by businesses including on IT infrastructure, increases in unemployment, and lower consumer confidence and spending, could significantly harm demand for our products and
  • 3. make it more challenging to forecast our operating results and make business decisions, including regarding prioritization of investments in our business. AEnvironmental . Includes -Fines and remediation costs related to pollutions, as well as damage to the environment. Catastrophic . Primarily includes natural disasters , such as hurricanes, earthquakes , tornadoes, and floods.5- Potentially business threateningTransfer the risk. I believe that this risk would be acceptable because it will cover the lost profits from business interuptions.AMDRisk Ranking (pg. 26)Risk Name (10-K Annual Report, Other)Description of the risk Risk Profile (Pg. 28)Severity Scoring (pg 28)Mitigation Planning (Pg 30)5-Normal ActivityThe loss of a significant customer may have a material adverse effect on usIf one of our key customers decides to stop buying our products, or if one of these customers materially reduces or reorganizes its operations or its demand for our products, our business would be materially adversely affected.Brand-Includes issues that can cause the perception of a company's brand to decline , such as a product recall, marketing flop, bad publicity, negative product reviews, and public squabbles with business partners.5-Potentially Business ThreateningTo accept the Risk- The likely payout from a risk may be so small that the company can easily bear the risk of loss.4- High ActivityGlobal economic and market uncertainty may adversely impact our business and operating resultsUncertain global economic conditions have in the past and may in the future adversely impact our business, including, without limitation, a slowdown in the Chinese economy, one of the largest global markets for desktop and notebook PCsEnvironmental- Includes fines and remediation costs related to pollution, as well as damage to the environment.4- Major DisruptionTo accept the risk- Since global economic conditions happen quarterly the risk may be so small that the risk is low4- High ActivityOur operating results are subject to quarterly and seasonal sales patterns.The products that we sell are complex and may be subject to security vulnerabilities that could result
  • 4. in, among other things, the loss, corruption, theft or misuse of confidential data or system performance issues.Information technology- Includes factors that do not allow an organization to have responsive IT systems, such as being tied to legacy software and having a significant amount of systems.2-Material ImpactTransfer the risk to Cyber Risk Insurance - Also known as network security liablity insurance, which is considered by CFO and also covers asset information. &"Calibri Bold,Bold"&14&K000000&A &"Calibri,Regular"&K000000&D &"Calibri,Regular"&K000000&F &"Calibri,Regular"&K000000&P Instructions 1. The purpose of this template is to gather data that will be analyzed and discussed in the Assignment Part B submission. Insert the name of the company in the "Company 1 or Company 2" headings so we know which company is being reviewed. 2. The template uses the terminology in the CFO Guidebook chapter on Risks. 3. Risks of the company are disclosed in the annual 10-K report section Item 1A Risk Factors. Use the risks in the 10-K as your basis for your template. You can also get additional risks from the Morningstar Analyst Report, or from news articles about the company. Try to narrow down the laundry list of risks to a few unique (only applies to one company but not the other) and major risks. 4. There is no "magic" number of risks to be included in your template. Try to aim for 3-5 risks per company to compare and analyze. More is not better - quality over quantity. 5. You can delete extra rows, or add rows. You can also change the font size and the column widths. Keep the headings standard. While not a requirement, if you believe an additional column is required to better describe/classify your risks, then add it.
  • 5. 6. While not a requirement, you can copy/paste the Excel completed table as a picture to your Word document if it makes it easier to reference in your analysis and recommendations. Assignment 2Company 1 INSERT COMPANY NAME HERECompany 2 INSERT COMPANY NAME HEREMorningstar Analyst Report201820172016201820172016ValuationPrice/SalesPrice/E arningsPrice/BookEarnings Yield %GrowthRevenue %Operating income %Net Income %Financial HealthQuick Ratiointerest CoverageDebt/EquityProfitabilityROAROEROICNet margin % &"Calibri Bold,Bold"&14&K000000&A &"Calibri,Regular"&K000000&D &"Calibri,Regular"&K000000&F &"Calibri,Regular"&K000000&P Instructions 1. The purpose of this template is to gather data that will be analyzed and discussed in the Assignment Part B submission. Insert the name of the company in the "Company 1 or Company 2" headings so we know which company is being reviewed. 2. The template uses the ratio terminology in the CFO Guidebook. We have also provided you with a Course Ratio Checklist you can use to understand what the ratios mean and how they are calculated. Please use Current Year ratios as the base ratios. For example, the most recent full year. 3. Ratios for the companies are included in the Morningstar analyst report provided in the course. Some ratios are also provided in the 10-K Annual Report, from online sources, or can be calculated - but for this exercise you can use the Morningstar analyst report as you primary source. 4. Do not delete ratios from the table. There is no requirement to add extra ratios, unless your believe there are othe ratios that best helps you describe the performance impacting the valuation of the companies. More is not necessarily better - we are looking for quality over quantity.
  • 6. 5. The ratios in this execrcise are based on historical performance. When comparing the ratios of the two companies side-by-side, you will notice differences. One company may seem to have performed better - we are looking for your insight for that difference in performance. 6. You can also change the font size and the column widths. Keep the headings standard. While not a requirement, if you believe an additional column is required to better describe/classify your risks, then add it. 7. While not a requirement, you can copy/paste the Excel completed table as a picture in your Word document if it makes it easier to reference in your analysis and recommendations. Assignment 3Company 1 INSERT COMPANY NAME HERECompany 2 INSERT COMPANY NAME HEREMorningstar Analyst Report Data201820172016201820172016Income StatementRevenue (Bil)Operating Income (Bil)Net Income (Bil)Operating PerformanceGross Margin %Operating Margin %Net Margin %Days Sales OutstandingDays InventoryDays PayablesReceivables TurnoverInventory TurnoverFixed Asset TurnoverTotal Asset Turnover &"Calibri Bold,Bold"&14&K000000&A &"Calibri,Regular"&K000000&D &"Calibri,Regular"&K000000&F &"Calibri,Regular"&K000000&P Instructions 1. The purpose of this template is to gather data that will be analyzed and discussed in the Assignment Part B submission. Insert the name of the company in the "Company 1 or Company 2" headings so we know which company is being reviewed. 2. You will be reviewing the financial data from various years looking for trends. 3. The template uses the ratio terminology in the CFO Guidebook. We have also provided you with a Course Ratio
  • 7. Checklist you can use to understand what the ratios mean and how they are calculated. 4. Ratios for the companies are included in the Morningstar analyst report provided in the course. Some ratios are also provided in the 10-K Annual Report, from online sources, or can be calculated - but for this exercise you can use the Morningstar analyst report as you primary source. 5. Do not delete ratios from the table. There is no requirement to add extra ratios, unless your believe there are othe ratios that best helps you describe the performance impacting the forecast of the companies. More is not necessarily better - we are looking for quality over quantity. 6. When comparing the forecasts of the two companies side-by- side, you will notice differences. One company may seem to have better trends - we are looking for your insight of the difference in performance. 7. You can also change the font size and the column width. Keep the headings standard. 8. While not a requirement, you can copy/paste the Excel completed table as a picture in your Word document if it makes it easier to reference in your analysis and recommendations. 3 JWI 531 Finance II Assignment 1Template HOW TO USE THIS TEMPLATE: This is a template and checklist corresponding to your Assignment 1 paper: Enterprise Risk Management and Moat Strength. See below for an explanation of the color-coding in this template: · All green text includes instructions to support your writing. You should delete all green text before submitting your final paper.
  • 8. · All blue text indicates areas where you need to replace text with your own information. Replace the blue text with your own words in black. · Headings and subheadings are written in black, bold type. Keep these in your paper. TIPS: · Write in the third person, using “he” or “she” or “they”, or using specific names. Do not use the second person “you”. · The body of this paper has one-inch margins and uses a professional font (size 10-12); we recommend Arial or Times New Roman fonts. · The Assignment template is already formatted with all needed specifications like margins, appropriate font, and double spacing. · Before submitting your paper, use Grammarly to check for punctuation and usage errors and make the required corrections. Then read aloud to edit for tone and flow. · You should also run your paper through SafeAssign to ensure that it meets the required standards for originality. FINALIZING YOUR PAPER Your submission should be a maximum of 4 pages in length. The page count doesnotinclude the Cover Page at the beginning and the References page at the end. The final paper that you submit for grading should be in black text only with all remaining green text and blue text removed. Assignment 1: Enterprise Risk Analysis and Moat Strength Author’s Name Jack Welch Management Institute Professor’s Name JWI 531
  • 9. Date Introduction An Introduction should be succinct and to the point. Start your Introduction with a general and brief observation about the paper’s topic. Write a thesis statement, which is the “road map” for your paper - it helps your reader to navigate your work. In your thesis statement, be specific about the major areas you plan to address in your paper. The headings below should guide your introduction, since they identify the topics to be addressed in your paper. The introduction is not a graded part of your rubric but it helps your reader to understand what your assignment will be about. We recommend that you write this part of your Introduction after you complete the other sections of your paper. It only needs to be one paragraph in length. Analysis and Recommendations You must answer each of the following questions in your paper. Keep your responses focused on the topic. Straying off into additional areas, even if they are interesting, will not earn additional marks, and may actually detract from the clarity of your responses. I. Where is each company in its corporate lifecycle (startup, growth, maturity or decline)? Explain. Before writing your response to this question, make sure you understand what characterizes each of these categories used to describe corporate lifecycle. If you are still unclear based on your course readings, take some time to do additional research on the Web. In your answer, include a clear statement about where each (not just one) company is in its corporate lifecycle. Then, for each company, explain how it matches the characteristics that define the category. Include specific details such as how long the company has been around, whether demand for their products is growing or shrinking, and what the competitive landscape looks like. Your response to this
  • 10. question should be approximately two paragraphs in length. II. Based on your review of the analysts’ reports and the 10-K reports, which company appears to have more risk? Why? Note that this question requires you to review both the companies’ own published statements AND third-party sources. The focus of your response should be on the comparison of the overall risk levels the companies face. Do not simply restate the risks identified for each, but explain: (1) areas in which the risk levels are similar and (2) areas where they are different. Remember, you must explain WHY you have reached the conclusions you have about the overall risk-level comparison of the companies. You can probably address this question in a single paragraph, but your response should definitely not exceed two paragraphs. III. Which categories of risk pose the greatest threat to each organization? Why? This question is a continuation of the previous question. Now that you have compared relative overall risk levels of each company, you will get into detail about which risk categories pose the greatest threat to each organization. Your analysis may conclude that they face the greatest threats from the same risk sources, or that the risks each faces are from different sources. Since this question does not directly ask for a comparison in the way that the previous question did, you may decide that a paragraph on each company is the best way to respond, or you may prefer to first identify the risk categories that each faces and then create a second paragraph to explain why and defend your position. The second approach works well if the risk categories are the same for both companies. Your response to this question should be approximately two paragraphs in length. IV. Which company has the stronger economic moat? Explain. An economic moat is a metaphor for how a company creates and protects its place in the market. Moats are the capabilities the organization has to keep its customers coming back and to keep other competitors from stepping in and taking them away.
  • 11. Companies build moats through things like: price advantage, quality, speed of service, marketing, brand reputation, etc. In writing your response to this question, you must: (a) clearly state which company has the stronger economic moat, (b) summarize the factors that contribute to its moat strength in key areas, and (c) explain why you have concluded that the moat strength of one company is superior to the other. You can probably address this question in a single paragraph, but your response should definitely not exceed two paragraphs. V. For the company that has the weaker economic moat, what two risk factors should they prioritize to improve their risk mitigation and strengthen their competitive advantage? Make specific reference to the applicable risk-management tools discussed on pages 30-63 of The CFO Guidebook. The final question of your paper shifts from analysis to recommendation. Your reponse must present a plan of action. It is not sufficient to simply identify any two risk areas. Explain why these particular risks deserve to be prioritized. Remember, risk can never be entirely eliminated in business. It can only be managed. As you develop your position, stay focused on the two things that define risk management: (a) reducing the likelihood of the risk actually occurring and (b) minimizing the negative impact if the risk event actually does occur. A well-written response to this question must center on prioritization. That means you need to focus your recommendation on both the risks that could cause the most damage AND on actions that can be taken NOW to mitigate those risks. Focusing on a long-term high-risk factor may be important, but if there is a more immediate risk that needs to be addressed now, this may be the greater priority. Remember, your response must include a rationale for your recommendations. You can probably address this question in a single paragraph, but your response should definitely not exceed two paragraphs. References Use the information below to format your in-text citations
  • 12. correctly. Note how the source number connects each citation with the References list on the last page of your paper. For more citation examples and a sample References page, see the Sample Professional Paper and the JWMI Writing Standards Guide. You can find both these documents in the Course Documents menu item in your Blackboard course. In-Text Citations Within the body of your paper, when concepts from specific sources are used, a citation with the author’s last name and the number of the citation in your References list is required: e.g., (Welch, 1). This is called an in-text citation. See below for two examples: “Leadership is about helping other people grow and succeed” (Welch, 1). In this example, notice the placement of quotation marks, cited text, and the period after the citation. The number 1 corresponds to the first entry on your References page. When the reader looks at the References page, they should see the Welch book Winning listed as source number one (1). It is number 1 because it is the first source used in the paper, and throughout the paper this source will continue to be referred to as (1). If the next source you use in your paper is Bragg, then your citation is (Bragg, 2). If you then refer to Jack’s ideas again later in the paper, he remains (Welch, 1) because it is the first source used in the paper, and throughout the paper this source will continue to be referred to as (1). Linking Citations with your References Page At the end of your paper, include a page with a list of all your
  • 13. references. It must include an entry for every source that you have cited or quoted in your paper. The format of the references list varies by source type. There are examples of different source types in the sample References page at the end of this document. You may also refer to the Sample Professional Paper and/or the JWMI Writing Standards Guide. You can find both these documents in the Course Documents menu item in your Blackboard course. Quotations Originality is an important aspect of graduate writing. To ensure original thinking and avoid plagiarism, you should keep direct quotation to a minimum. Generally, keep your quotes to 25 words or less, and no more than 1-2 sentences. See below for an example of a direct quotation: “Leadership is about helping other people grow and succeed” (Welch, 1). In this example, notice the placement of quotation marks, cited text, and the period after the citation. The number 1 corresponds to the first entry on our References page. Paraphrasing When you paraphrase, you put the information from another writer in your own words. This is much preferable to quoting, as it shows your understanding of the material. In this case, you should use in-text citation, but quotation marks are not required. See below for an example of paraphrasing: In his Rule 3, Welch says that strong leaders display an impression of vitality and confidence (1). Since the author’s name was used in the sentence, we do not need to include it again in the parentheses, so we just provide the Reference number, which is (1).