WEEK 3 ASSIGNMENT – INTRODUCTION OF SOLAR TECHNOLOGY COMPANY
Week 3 Assignment – Introduction of Solar Technology Company
Overview
You just created a new start-up company called Superstar Solar, Inc., because you want to compete in the growing industry of solar power grids. SolarCal (as described in the case analysis) is currently the only major company in the field. Your views on SolarCal are that the company charges a lot for their products and take a long time to manufacture them. You feel that your company can be a more efficient version of SolarCal.
Keep in mind: When you are completing this assignment, you should be creating all the necessary assumptions to support your claim of being more efficient.
Refer to the rubric for this assignment to become familiar with how your paper will be graded.
Refer to scenarios and readings from previous weeks to complete this assignment.
Note: It is essential that you review your case analyses when completing this assignment.
Week 1 Case Analysis: Basic Pricing Policy and Concepts [DOCX].
Week 2 Case Analysis: Contracting Methods and Contract Types: Pricing Implications [DOCX].
Week 3 Case Analysis: Price Analysis [DOCX].
Instructions
Write a 2–3 page paper in which you:
Describe your new company called Superstar Solar, Inc.
Include specific details about the following in your description:
The reason why your company was formed.
Your company’s mission statement (what is the “why” for the work that you do).
Your company’s vision statement (where you see the company’s growth over the next three to five years).
Your company’s solar power product.
An overview of your key personnel. Note: Refer to your Week 3 Case Analysis on SolarCal for help on this overview.
Your targeted client base. Note: Be specific. For example, instead of listing the government in general, you would focus on the Department of Agriculture.
Describe SolarCal.
Include specific details about the following in your description:
The reason why SolarCal was formed.
SolarCal’s mission statement (what is the “why” for the work that you do).
SolarCal’s vision statement (where you see the company’s growth over the next three to five years).
SolarCal’s solar power product.
An overview of SolarCal key personnel. Note: Refer to your Week 3 Case Analysis on SolarCal for help on this overview.
SolarCal’s targeted client base. Note: Be specific. For example, instead of listing the government in general, you would focus on the Department of Agriculture.
Pricing analysis methods when forecasting government expenses.
Describe three types of pricing analysis methods that might be appropriate for SolarCal to use to forecast the prices of its products and services when contracting with the government.
Select one of those three methods and provide rationale to support your choice. Be sure to include at least two reasons why you think that method is the best option.
Describe three types of pricing analysis methods (Comparison of proposed prices, comparison of market prices, etc.) that your company will consider when forecasting prices.
Select one of those three methods and provide rationale to support your choice. Be sure to include at least two reasons why you think that method is the best option.
Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
The Strayer University Library is a good source for quality resources. To get started, please refer to the library page for this course.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Outline details for a new start-up company including a forecasting approach and cost considerations.
