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By: Zach Meddaugh. Lizz Knoll. Recap. Our total profits of 29 million Our stock price closed at $27.90 In the last year we had 729,000 left in inventory. Strategy. To provide a product that meets the customers needs at a low price
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By: Zach Meddaugh. Lizz Knoll.
Recap • Our total profits of 29 million • Our stock price closed at $27.90 • In the last year we had 729,000 left in inventory
Strategy • To provide a product that meets the customers needs at a low price • We wanted to have both low and high tech products and provide them at a low price
Market • To be low tech and low cost • Also to have one in high tech with the lowest cost • We had two products in low tech with one in high
Good and the Bad • In round 3 we had a low net income • An emergency loan • Stock price • Over forecasting • Round 6 was better • Net income • Emergency loan • Inventory • Stock price
Now for the future… • Our company is in good shape, we have money • We are in a good position to succeed in the future • Our products are strategically placed • Our automation rate is good for our existing products
In the Future… • Add products • Raise automation rate • Expand on old products • Market more • Pay out dividends • Stay about the same
Learned • Its a lot of work if you deal with every aspect of the company • Consistency • Have goals and strategies • Good morale • Good coworkers
Do Differently • Not pay off long term debt early • Forecast better • Have more capacity
Team work Strengths & Weaknesses • Our team preformed very well our strengths were we have know each other for 13 years • Our weakness was we didn’t agree sometime but we argued though the difficulties we lost two team mates but it worked out in the end
Team work Atmosphere • It was laid back • Intense at times • We were demanding of each other • We were a dysfunctional, functional duo