Liberty University - Busi 400
Textbook: Strategic Management: A Competitive Advantage Approach Concepts (16th Edition)
Included below is the assignment. I am overwhelmed with no idea how to start. I feel like answering this question with an answer that is worthwhile in any way, shape, or form would require a team of experts who know the business, and industry, inside out due to a few decades of experience in the business. In the textbook section regarding putting together the various statements, it gives a variety of examples like:
The projected statements for Litten are based on five assumptions: (1) The company needs to raise $45 million to finance expansion into foreign markets; (2) $30 million of this total will be raised through increased debt and $15 million through common stock; (3) sales are expected to increase 50 percent; (4) three new facilities, costing a total of $30 million, will be constructed in foreign markets. . . .
Seriously, how in the world am I supposed to come up with these various numbers? I am not asking for anyone to write this paper, but I really, truly, sincerely have NO idea how an assignment that is only 1 of my 2 weekly papers I am supposed to be able to come up with an answer to this that would in any way be relevant, or useful, even for a game of pretend. My last paper, after hours of research before even starting the paper was given a failing grade. I am a straight A student, even at other universities like the University of Oklahoma, so I'm not a complete moron. But, I am thoroughly flummoxed. Help me wrap my head around this, please.
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1. Provide a response to Case 9: The TJX Companies, Inc. (p. 437)—answer the question at the bottom of text on page 445 (last paragraph). Also, Do not "Design a three year strategic plan..." as outlined in the final statement. In lieu of this question, you are to answer the following questions:
Develop the projected financial statements that fully assess and evaluate the impact of your proposed strategy. This should include a full balance sheet, income statement, and EPS/EBIT analysis.
Therefore, the 2 items to complete questions/statements are the following:
How aggressively should TJX expand globally, and where, and when, to maximize the value of the company for shareholders?
Develop Projected Financial Statements that fully assess and evaluate the impact of the proposed strategy. This should include a projected income statement, balance sheet, and EPS/EBIT analysis.
You will need to use information contained in Chapters 7 and 8 in order to successfully complete this assignment.