BF_Biz Cafe Final Report & Group Presentation Assignment - 090321

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Sheridan College *

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10000

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Business

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Feb 20, 2024

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BUSM 10000D | Business Fundamentals | Biz Café Business Simulation Biz Café Final Report & Presentation Assignment BUSM 10000D | Business Fundamentals |Biz Café Simulation | Final Report & Presentation Assignment Page 1 of 3 Biz Café Final Report and Presentation This group assignment is focused at describing your Team’s results, and the business actions and personal behaviours of your entrepreneurial team. What are your final business results? What do they mean? Regardless of overall position, how would you describe or interpret the success of your business? What were the critical events and/or actions that impacted your business? What was challenging? What did you do well and what might you do differently? After this experience, what was it like running your own business? Did you give it your best effort? How well did you get along with your business partners? What advice would you give someone who wants to start a business? This report allows your team to reflect on these questions, and examine the various aspects of what it is like to run a business. You will then have a chance to explain your business actions and rationale in a short six- minute “Executive Presentation”. Value = 20% (15% + 5%) out of the 25% allocated to the Biz Café grade value Due: See Critical Path in SLATE The Written Report [15%] Submit a final report based on the twelve (12) decisions (i.e., 6 weeks x 2 decisions per week) of business actions conducted by the group that answer the questions in the following three sections: Section 1 - Business Results and Overall Analysis 1. Describe your business results. Referring to Income Statement and Balance Sheet values and changes. Include financial ratios, and any other key business metrics that can help clearly describe your business results and overall performance. What do values mean? What were some key “business happenings or actions” that created these financial changes/results? Use course theory to support your ideas/actions. (NOTE: It is STRONGLY RECOMMENDED that your re-review Chapter 11) prior to writing this report.) 2. How did the results (final) compare to those reported in the interim report? What changes did you make in your business actions that impacted your final results? Be specific when explaining how the action impacted the change. Use course theory to support ideas/actions. Section 2 – Business Actions and Opportunities 1. What are one or two key “business actions” you might consider doing differently to help improve your business results? (i.e., if you could continue the simulation, what might you do differently?). Explain how and why. Use relevant and specific course theory to support ideas/actions. 2. What are one or two key “special incidences/situations” that impacted your business? How and/or why were they impactful? Explain how and why. Use specific and relevant course theory to support your ideas. 3. From all the different business functions (e.g., Marketing, Merchandising, Operations, HR/Labour, etc.), which one did you find most impactful to improving results, and/or most challenging to your business? Explain how and why. Use specific and relevant course theory to support your ideas. Section 3 – Business Reflection and Recommendations 1. As a business owner and entrepreneur, describe two “ key recommendations and/or suggestions ” you would offer a person who was ready to start up a similar business? Explain why. Use specific and relevant course theory to support your recommendations/suggestions. 2. Business leaders, managers and entrepreneurs need to effectively communicate. That said, how would you assess and describe yo ur team’s communication with each other and commitment to your business? Did it help or hinder business results? Why or why not? Be specific and use relevant course theory to support ideas/assessment.

BUSM 10000D | Business Fundamentals | Biz Café Business Simulation Biz Café Final Report & Presentation Assignment BUSM 10000D | Business Fundamentals |Biz Café Simulation | Final Report & Presentation Assignment Page 2 of 3 Submission Requirements: • The report MUST be submitted as an ELECTRONIC COPY to the Assignment Box in SLATE (Note: Only ONE person from each Group will submit). • The report MUST NOT EXCEED 5 single-sided pages, 1½ spaced, 11-pt size Arial or Calibri font and 1 inch margins (left-right/top-bottom) (Note: This does not include the Title Page, Appendix and Reference page). o Use APA referencing [Note: Refer to APA reference guide in SLATE or speak to a Librarian for assistance] o When explaining financial data and statistics in the report, it is recommended that an Appendix at the back of the report be used to show the illustrations and graphs that represent the data being explained. The illustrations and/or graphs in the Appendix is NOT included in the 5-page written page count. • Note: Spelling, grammar, use of course theory and correct APA referencing will be graded out of 5 marks under Part 5 in the Grading Rubric. o This assignment has a corresponding Rubric [See Rubric in SLATE] Suggestions and Recommendations • The report should consistently refer to course theory to support ideas/rationale to accurately explain business actions and to maximize the report grade. • The report MUST have a title page (APA Requirement) that has ALL students First and Last Names, and use the question numbers to organize the report into appropriate sections. • Review your written report. Proof-read. Write tight, concise, use examples, reference course theory, and use an appendix with illustrations to help explain your ideas. Sheridan College Library has a writing lab. They can offer support and suggestions to ensure your paper has clear ideas and strong sentence structure. • If you need any clarification or would like to receive some feedback regarding your ideas, the group can make an appointment during my scheduled office hour to further discuss. • NOTE: The ability to refer back to the interim report and course content/theory in a meaningful, accurate, and relevant manner is critical in accurately and thoroughly answering these questions to maximize your grade. o You must be able to demonstrate the relationship of what you have learned in the simulation to the course content (i.e., the relationship must make sense); and to understand and explain what past business actions had on future business actions. All smart and successful business leaders and owners consistently examine this relationship. Group Presentation [5%] The purpose of this presentation is to conduct a six (6) minute “ executive presentation ” based on the twelve (12) decisions (i.e., 6 weeks x 2 decisions per week) of business actions conducted by the group, intended to communication business actions and explain results. Confidence in public speaking, accuracy, and brevity in sharing critical and relevant information with business leaders, is a critical skill. And why communication skills are an important objective in this course. The following instructions below explain how the presentation will be conducted/delivered: 1. Provide a summary/overview of your final report in a short “executive” presentation 2. Use 6-8 PowerPoint slides [Note: This does not include a title page slide] to convey key business actions. 3. Each team member in the group MUST participate in the presentation. • A minimum of two group members will conduct the short executive presentation. • The other remaining group members do not present, but must answer the ONE (1) or TWO (2) questions from the Professor (Acting as representative shareholders). [Note: This will be further explained in class]. The following requirements below are what should be covered in the presentation that align to grading rubric: 1. The ability accurately and clearly summarize the groups actions in relation to the questions outlined in the three sections in the written report (See written report above). 2. The ability to consistently answer questions using “why” and “How So” throughout the presentation. 3. Evidence of teamwork during the simulation [i.e., how did you work together, communicate together, etc.?]

BUSM 10000D | Business Fundamentals | Biz Café Business Simulation Biz Café Final Report & Presentation Assignment BUSM 10000D | Business Fundamentals |Biz Café Simulation | Final Report & Presentation Assignment Page 3 of 3 4. The accuracy, brevity, and detail in answering the questions from the Professor (aka – The Shareholders) after the presentation is completed – The group will be graded on the quality and accuracy of answers – Be prepared and discuss with each other, possible “ anticipated ” questions. 5. Efficiency in transitioning between presenters during the presentation [i.e., Did you practice this presentation?]. 6. Ability to stay within the required presentation time frame in a controlled, non-rushed manner. 7. Quality and legibility of the slides, and the ability to paraphrase and NOT read directly from them. 8. Effective use of business language, demonstration of a positive attitude and tone, and professional mannerisms and proper business attire. In other words, demonstrate business professional acumen. Additional Information 1. The Professor will explain the online delivery instructions. A Presentation Discussion Board will be set up in SLATE. Each group will have to use a Video with PowerPoint slides as part of this assignment. 2. All group members MUST read the Peer Evaluation Form that describes group work requirements and the potential impact to overall grading for this assignment. 3. All group members MUST sign and submit the Group Assignment Sign-off Form to confirm that all group members have read, are aware and understand the grading requirements and consequences outlined in the Peer Evaluation Form. 4. All group members MUST purchase a simulation license. Failure to pay for this license means the forfeit of the entire Biz Café Assignment grade of 25%. ADDITIONAL REMINDER : Although this assignment is ONLY 6 minutes long, it is WORTH 5% OF YOUR FINAL GRADE . This means, you need to invest the necessary time and preparation to execute well in this presentation . Do NOT assume this assignment is simply standing up and reading back information from a set of PowerPoint slides . This assignment objective is to focus on accuracy and detail, and anticipating what other business professionals are potentially going to ask you about your business decisions and actions. That means being able to make sure your message is clear and your answers to questions are accurate, thorough, and relevant to the specific business situation.

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BF_Biz Cafe Final Report & Group Presentation Assignment - 090321

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