70 Points Total. Initial post (50 pts) due Day 5 (11:59 CT), Replies (20 pts) due Day 7 (11:59 CT)
Part 1 Initial Post Due by day 5 (11:59, CT) of Week 5 (50 pts)
For the scenario below, write a business memorandum (at least 500 words in length), providing a recommendation and describing the solution approach.
Sally is self-employed. She makes cookies out of her own home, and sells these cookies through her website. Recently, a severe storm went through the area that Sally lives in, and caused some damage to her home. Sally was forced to use some funds from her cookie business to pay for the needed home repairs. At this point, Sally only has enough money to make ten-dozen more cookies, which will likely not be enough quantity to produce enough profit for her to buy more ingredients to make more cookies. Sally knows she could generate more cash on hand if she generated more advance-orders, but she also knows that she would have to advertise more. Advertising more might force her to use the remainder of the cash on hand she currently has. Sally needs to quickly decide what to do.
Part 2 Replies Due by day 7 (11:59, CT) of Week 5 (20 pts)
By the end of the week, post at least one response to two of your peers’ posting. Try to select a post that has not yet received a ‘reply’. Responses should be substantive – state and support your response on their posting. A response such as “I agree” will not meet the assignment criteria. Each response should be a minimum of ten (10) well-structured sentences and posted as a “reply” to the original assignment posting. You must create a thread in order to view your fellow student’s posts.
Submission Instructions
Complete the assignment by Day 5 of the Week by clicking on the 5.2 Discussion Assignment link above, then “Create Thread” and attach your Word document. Ensure your name, course number, and assignment number are located on the cover page. Be sure to include the question number and state the question.
Next, review and respond to at least two of your peers’ work by Day 7 of the Week. If possible, select posts for which there are not yet any replies.
Note: Examples of a Business Memo can be found using Microsoft Word and creating a new file. Then search for a “Memo” in the online templates.