Assignment 4: External Financing
Genesis Energys newly established operations management team decided to seek outside assistance in developing a long-term operating plan that also addresses the financial issues identified. A major consideration for Genesis Energy is assessing those short-term and long-term economic factors which will greatly enhance the companys ability to successfully transition to a viable international business. Grasping and correctly prioritizing these economic factors supply and demand interest rates inflation unemployment and exchange rates are pivotal thereby requiring expert guidance. Therefore their first major decision was to hire a respected strategy-consulting firm Sensible Essentials. After meeting with the client team Sensible Essentials concluded that the operations management team would significantly benefit from a more in-depth understanding of the financial environment at Genesis Energy. This understanding needed to encompass not only sales costs and profitability forecast under the new strategic plan but also the way expansion would highlight the need to manage working capital and cash flow in order to try to minimize the need for external financing. As the lead consultant for Sensible Essentials do the following:
Write a 34-page paper in Word format. Apply APA standards to citation of sources. Then create a 68-slide PowerPoint with Speakers notes and references (including research) presenting your findings to the Genesis Energy operations management team. Use the following file naming conventions: LastnameFirstInitial_M1_A4.doc and LastnameFirstInitial_M1_A4.ppt. For example if your name is John Smith your document will be named SmithJ_M1_A4.doc and SmithJ_M1_A4.ppt.