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Business Memo

What Is the Problem? Status: Not Scheduled COMPETENCIES TO MASTER Can use logic, reasoning and analysis to address a business problem Can write a business memo Can use appropriate language, tone and word choice for the target audience Can generate a variety of approaches to addressing a problem Overview You work for My Favorite Margin, a small local bookshop that is adored by many. The shop has remained popular for the past 25 years, but the owner, Page Turner, sees the writing on the wall. Sales have begun dropping due to increasing competition from newer shops and online booksellers. Ms. Turner knows that it’s time to make some changes or risk going out of business. She wants you, her savvy assistant, to analyze these issues and give her a few options for ensuring the bookshop’s future success. Directions In this Project, you will write a memo to your boss, Page Turner. Follow the steps below to prepare for drafting the memo. Read Information to Consider in the Project resources, which provides different types of information regarding the bookshop’s customers, employees and competitors. Take notes on the issues you think are most important. Using the Information to Consider document and your corresponding notes, analyze My Favorite Margin's current situation. What are the bookstore’s strengths and weaknesses? Who are its customers? Who are its competitors? See the Project resources for information on conducting a strategic analysis. Brainstorm all the possible solutions you can think of. Make sure your solutions are specific and feasible. Remember, you don’t have the money of the big chain bookstores, so you’ll need to prioritize. In your notes, flesh out the details of the top three solutions that you think you will present in your memo. Note the advantages and drawbacks associated with each solution. Once you have analyzed the top three solutions, decide which one is best. Finally, write your memo to Ms. Turner. The memo should: briefly explain the bookstore’s current situation and analyze the information given. describe at least three feasible solutions. give your final recommendation and justify it based on what you learned from the Information to Consider resource. be written in standard format (see Business Memo Purpose and Format resource in the Project resources). use appropriate language for its purpose (see Audience and Purpose resource in the Project resources). be free of spelling and grammar mistakes. DELIVERABLES Business Memo Project Resources These are links to public external resources. Any comments or statements made on these public websites are not representative of College for America. Information to Consider Read this document, which provides information regarding the bookshop's customers, employees and competitors. Takes notes on the issues you think are most important. VIEW ADD TO LIST Business Memo Purpose and Format Review this document, which contains the purpose of a memo, as well as instructions for appropriate formatting. VIEW ADD TO LIST Audience and Purpose Read this article, which describes the purpose of a memo and how to choose your audience. VIEW ADD TO LIST How to Write a Strategic Analysis for Business Organizations Read this article explaining how to write a strategic analysis, which requires you to consider the strengths, weaknesses, opportunities and threats that relate to a particular situation. VIEW ADD TO LIST Sample Memo Review this resource, which contains a sample business memo. VIEW ADD TO LIST Skill-Building Resources These are links to public external resources. Any comments or statements made on these public websites are not representative of College for America. CfA Citation Guide This resource helps to explain how citations should be used in CfA Projects including formatting guidelines and where to get help. VIEW ADD TO LIST Goal Question and Answer Sessions Read this document to learn how to join a live question and answer session about this Goal hosted by a College for America Goal Mentor. VIEW ADD TO LIST Rubric The Rubric is used to evaluate your Project. Satisfying all of the Rubric criteria shows that you have mastered the project and the relevant competencies. Criteria Mastery? Analyzes information provided and draws reasonable conclusions Yes Not Yet Includes three feasible solutions to the problem Yes Not Yet Supports choice of solution with evidence Yes Not Yet Follows standard business memo format, with an introduction, body and closing Yes Not Yet Uses appropriate language, tone and word choice for target audience Yes Not Yet Writing is clear, with no major errors Yes Not Yet Any sources of information are cited using APA format, with no major errors Yes Not Yet
What Is the Problem? Status: Not Scheduled COMPETENCIES TO MASTER Can use logic, reasoning and analysis to address a business problem Can write a business memo Can use appropriate language, tone and word choice for the target audience Can generate a variety of approaches to addressing a problem Overview You work for My Favorite Margin, a small local bookshop that is adored by many.
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Assignment ID
32338
Discipline
CREATED ON
June 20, 2016
COMPLETED ON
June 25, 2016
Price
$100
This order has already been completed on Studybay
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Latest reviews for Abigal
jameswanger99
December 1, 2016
jameswanger99
perfect
Lgipson
December 1, 2016
Lgipson
Great writer!
Tabr
November 30, 2016
Tabr
On target, I guess :-)