Transcript: How would you solve the problem if you had an unlimited budget? FIELDS MY FAVORITE idea: Favorite idea. Other How would you solve the problem without spending any money? The most PRACTICAL idea: IDEA This is the most disruptive idea. "How can you make make online payroll so easy that when I need help, I can get the answers to my questions, that rarely will I need to call customer support… …but when I do, my experience is delightful?" Customer Awareness Campaign Problem Statement How would you solve this problem if you had control over the laws of nature (think of invisibility, teleportation, etc.)? IDEA SELECTION The most DISRUPTIVE idea: This seems like the next logical step. How would a 5-year old solve the problem
Transcript: Members... Project Timetable Accounting Standard Compliance Gantt Chart References... Possible Problems Classification of Expense Preparing the necessary facilities for team meeting - Members, strengths, problems - Responsibilities, ground rules Function of Expense Responsible for keeping minutes About our group... Every member also be in charge of searching data, sharing ideas, participating in the discussion actively and writing report. UNSW Accounting Associates & Co. About our group... ALL MEMBERS (The analyzer ) “Operating expenses” Required further disclosure of expense based on the nature Depreciation Employee benefits (AASB 101 paragraph 103, 104) “Other expenses” category Contents 2 methods of expense classification: By nature By functions Organizing group work as a team leader Zhuzhu & Rona (Resource investigator) In-house call center and customer services IT In-house call center and customer services IT VC “Selling expenses” Cici (The minute taker) Outsourcing call center and customer service IT - ASB 101 Presentation of Financial Statements, Australian Accounting Standard Board 2012, AASB, paragraphs 99-105, viewd 18 March, 2014, <http://www.aasb.gov.au> - Australia Corporations act 2001 ,section 296, 334, viewed 18 March, 2014, <http://www.comlaw.gov.au/Series/C2004A00818> Structuring details of every part within the time-line. Corporations Act 2001 – section 296 requires the financial statements to comply with the accounting standards. Corporation Act 2001 – section 334 states AASB as the standard setter. AASB 101: “for-profit entities that comply with AASB 101 as amended will simultaneously be in compliance with IAS 1 as amended” LIMITLESS Retailing Pty should comply with AASB standards in all respects Choice of method depending on the relevance and reliability of information Ground Rules Hoang (Implementer & Coordinator) supporting and coordinating member’s time and personal situation to help making team’s plan. Outsourcing call center and customer service IT Roles & Responsibilities I. Introduction of group II. Project plan III. Accounting opinion IV. References Nature of Expense Expenses of costs center should be allocated to Depreciation Employees benefits Other expense (AASB 101, paragraph 101-102) Ariel (The facilitator) Mindy (The team player) 5 out of 6 group members are from China, the 5 students may unconsciously speak Chinese during the group discussion. Difficult to allocate jobs across 6 members Conflicts between members are more likely to occur since we have more students in one group Language problems – non of our group member is native speaker of English. Free-rider problem - Timetable - Gantt chart Late or absent from meetings should inform the other group members with a valid reason. If there is any difficulty in finishing own work in time, discuss with the other members in advance. No Chinese speaking during discussion. It is prohibited to change any ideas involved in project without discussion within group. Any violation over twice, buy a cup of coffee for all the other members as a little punishment. Thank you ! Q & A Strengths 6 people in the group -- may have extra capacity to do more research and analysis about the assignment. Half of our group member have accounting background at the undergraduate level or working experience in accounting industry. Clear strategy to follow, which is enforced by regular meeting.
Transcript: ALGEBRA SCRATCHING THE SURFACE PATTERNS MONEY I'VE LOST MY MARBLES RATIOS ON TARGET Categories... PERENNIAL MATH VIRTUAL TOURNAMENT OUT OF TIME TIME HIP TO BE SQUARE Rules Technical Reminders National Championships SHOPPING SPREE MAKE IT COUNT GEOMETRY COMPUTATION HERE'S YOUR SIGN
Transcript: Current State Forging Value Through Innovation Having a plan Where to allocate resources Growing pains Research and development deal gives a strategic advantage Mercedes should allow us significant revenues while others compete for low margin segments Rather than pay a dividend we'll continue to invest in R&D Acquisitions possible Brands Centaur - Workhorse Muse - Innovator Market Share 28% Overall 24% Workhorse (2nd to Pear at 28%) 45% Innovator (largest) 52% Mercedes (largest) Building a Start-up Venture Capital Fair Long-term Vision Strategy Going Forward ZEÚS Manage capacity to have supply meet demand Maintain strong price positioning Strategically add brick and mortar sales offices as well as web centers Utilize research and development February 21, 2013
Transcript: Equity: 45% Year 1 : R2mil Year 2 : R1.2mil Vehicle Automation and Tracking The Market Minimum Viable Product The Team Money Plan GOAL! Total registered taxis : 200,000 Cost per module: R3,500 TAM = R700mil The total market consists of all vehicles of any nature. The taxi industry was chosen for the following reasons: Easy Marketing with taxi owner contact details printed on taxis General lack of technical ability of taxi operators and owners makes product simplicity appealing Services require no binding contracts from owners. This arrangement is preferred. Confirmed with interview with taxi owners Sales Process & Business Model Predator Innovation The Idea Pre-Profit Plan
Transcript: Innovation Technology Strive for Excellence Our social capital is world class Mission Statement: Create the best brand environment and go above and beyond the customers and our expectations Maximize shareholder wealth What We Want Innovation Technology is asking Gunby Venture Capital for $8.4 million. Current Locations Current brick and mortar locations in London and Paris Current web center locations in North America and Europe Future Locations: Open new locations in Asia: Brick and mortar and web center Open new locations in America and Europe: Brick and mortar Marketing Current Marketing: Spending an average of $50,000 per location Future Marketing: Increasing marketing in current areas Start marketing in areas we are about to enter Start marketing in areas we are going to into in the future Current Human Resources: Paying more than average Paying more than any of our competitors Future Human Resources: Increase salaries among employees Bring more sales and factory workers into organization Current Manufacturing: Current fixed rate at 50 units per day maximum Production priority is first Innovator and second Traveler Future Manufacturing: Increase fixed rate to 100 units per day maximum Continue to improve worker effeciency Reasons to Invest in InTech Sold the most product Best products in market Highest cumulative asset management Highest cumulative financial performance Return on Investment: 28% Innovation Technology (InTech)
Transcript: Play at Plym WHO IS JIMMY? Jimmy is . . . 1 WHO IS JIMMY? THE EVENT Forget the homework, it's time to PLAY. 2 PLAY AT PLYM BOYS & GIRLS CLUB OF ERIE 3 CHARITY Why? Why? Core Principles of The Boys and Girls Club 1 Foster secure attachments 2 3 Discover and nurture Provide a building centered safe space 4 Provide diversified activities THE VALUE WE OFFER We offer more than just a night out with your friends and here's why. 4 VALUE PROPOSITION EXPENSES - Room rental ($50) - T-shirt expense ($250) - Photographer ($30) ------------------------------------------------ Total = $330 5 MATERIALS - Solo cups - Ping pong balls - Pong tables - Board games MATERIALS & EQUIPMENT 6 SHARK BAIT Shark Bait Sponsorship Revenue LOW RISK GUARANTEED RETURN Our Offer
Transcript: The Homepage The Questions Here, Users can sign up by their Facebook or can create an account manually This is the area where users answer the questions Here people will login using their username and password If do not have an account, they register from here The Log in Panel The Sign Up Panel The Thank You This area is how you describe about you and how people can reach you without registering to the site Here users sign in with their username and password. Users can access social media from here Users can search the site using this bar
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