Category: Strategic management

Only do this paper as partner 2! 
This paper focuses on
the company Aehr Test Systems and the industry: of technology hardware and
equipment. I need this done ASAP, but it can not have any plagiarism or AI content, and it needs to get me a good grade. Do not do step 4. I have to do that with the other group member so only do up to part 3! I don’t know how many sources I need.

Much of this Unit’s discussion focuses on ways in which the company uses accounting tools to help manage operations. Write a short 100-250 word paper that describes your thoughts on the importance of accounting in tracking those firm’s operations. What might happen to the firm if they do not use accounting principles in their operations? 

Unit 7: The readings in this Unit focus on the roles of accounting in strategic growth and management. We understand that accounting plays a significant role in both sides of strategy- serving as the language through which successes and failures are measured.  
In earlier lecture, we read that the Mexican peso has fallen against the US dollar (by about 20%). Use the following scenario in this question: 
Imagine that your small company produces and sells high-quality salsas and dips. Your firm often buys avocado and peppers from Mexico.  
A.   Does the current exchange rate between the US and Mexico represent an opportunity for your firm? Explain why or why not.  
B.   You are concerned that the current exchange rate will not last long. What hedging steps would you take to help offset that risk? 

Question 1: In this Unit’s reading the article discusses an instance where religious guidelines impact accounting principles. For example, many countries (Saudi Arabia, Kuwait, and others) adhere to Islamic practices- areas that dictate a separate set of accounting principles.   
A.   Based on those Islamic guidelines, the text explains that interest cannot be charged on loans. Similarly, conventional insurance practices can’t be used as a part of business dealings.  
a.    The text explains the underlying philosophy used in these Islamic guidelines. Define that in your own words. Is the idea that the lender must share in the borrower’s risk reasonable, or does that approach make it impossible for the company to do business in an Islamic-based country? 
b.    Explain alternatives that are available to companies- enabling them to conduct business in this environment. 
Question 2: Volatility is an issue that often comes up in business accounting. Rapid changes in the internal and external environment frequently force drastic changes on each business. 
A.   Based on the concept of volatility, do you think accounting principles are always an accurate way of tracking the company’s successes and failures, or does accounting only represent a ‘past’ view of the company’s health? 

Why has Peloton done well? What can they do to improve? Have they sustained their level of profitability since COVID-19?
What has happened with them since COVID-19?
Introduce the organization: basic facts and current status
Pg. 14
Specifically identify the industry, life-cycle stage, and the competitors – see IBIS World database
Pg. 25
Analyze the potential profitability of the industry
Pg. 38
Who has succeeded and failed in the industry? What are the Critical Success Factors?
Pg. 38
What political/legal forces affect the industry?
Pg. 55
What economic forces affect the industry? What is the market structure?
Pg. 62
What social forces affect the industry?
Pg. 81
What technological forces affect the industry?
Pg. 87
What is the current firm-level or corporate-level strategy?
Pg. 141
What is the current business-level [generic] strategy?
Pg. 172
What are the business strategies of the major competitors?
Pg. 175
What is the organization’s Marketing Strategy?
Pg. 191
What is the organization’s financial position and financial strategy – how do they make and invest their money?
Pg. 194
What are the organization’s production and purchasing strategies?
Pg. 199
What are the current strategies in the organization’s other functional areas HR, IS, etc)?
Pg. 202
What are the organization’s Strengths and Weaknesses? On what competencies should they build?
Pg. 215
What are the organization’s Opportunities and Threats?
Pg. 217
What strategic alternatives are available to the organization?
Pg. 220
What are the pros and cons of these alternatives?               
Which alternative should be pursued and why?                    
How should this alternative be implemented? Based on what you currently know, what would be the next three steps to be taken by this firm?  
Pg. 258
How should this alternative be controlled? How will you measure the effectiveness of this strategy?                     
Pg. 270
What crisis events should the firm anticipate? What are the firm’s future prospects?   
Pg. 278
Include content from Good to Great with a recommendation. For example, what method or advice could benefit this firm? Explain how and why, as if you are a business consultant for this organization in the current business environment. 
Integrate God’s word from John 1 regarding leadership. How could executives exemplify following Jesus as a leader? For example, recognizing that everyone is God’s children could guide in addressing human resources and avoiding anything that would discourage following God and Jesus. 
The conclusion should provide your strategic alternatives, as in the Conclusion. Panell, 
Use Refrences from the following books:
J. A. (2020). Strategic Management Theory and Practice (6th ed.). Academic Media Solutions. https://mbsdirect.vitalsource.com/books/978195037716
Collins, J. (2001). Good to great: Why some companies make the leap and others don’t. HarperCollins.

analyze critically (not summarize) recent article(s) (can use up to 2
articles) about a specific corporation in which illustrates
several key issues, concepts, challenges, and problems that we have discussed in Strategic
Alliances, International Strategies I, and International Strategies II dealing with joint venture. You must demonstrate how these key issues and
concepts in the PowerPoint are connected to the core story discussed in the
article.