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Discuss the Pre-Tax Net Income.

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Learning Goal: I’m working on a business writing question and need a sample draft to help me learn.
Include a cover page and 1-2 pages of reflection regarding ideas, concepts, or strategies that you have learned so far in this simulation that you would be able to transfer to a current or a future role. Be specific about how these items can help you as you progress in your career. In the Week 4 Journal, consider how the Strengths, Weaknesses, Opportunities, and Threats from Week 1 are now impacting the performance of the company. Also, consider how keeping track of the Strengths, Weaknesses, Opportunities, and Threats of the company that you work for can help you to improve your performance on an ongoing basis.
Learning Outcomes
This week students will:
Balance managing for the short-term and leading for the long-term to ensure you not only meet or exceed your financial targets within your budget/plan, but are creating shareholder value for the long-term.
Discuss the “Pre-Tax Net Income: Year Plan vs Actual + SRO” chart.
Prepare and submit decisions for Qtr. 3.
Prepare and submit Q3 Quarterly Business Review (QBR).
Complete Journaling Activity.
Introduction
In Week 4 we will consider the profitability (Net Income) of HISCO as a company before taxes are paid. At some point the more profitable a business is the more taxes it will need to pay. An important point in the operations of the business is being able to control company expenses in weekly monthly and quarterly operations. This week you will also assess outcomes from the first and second quarters of the year so that you can submit your third quarter decisions. Often when a company progresses to the third quarter it is time not only to look forward to the fourth quarter of the year, but also to the next year. Keep track of the various career impacting lessons from operations that are continually developing as you progress through the simulation.
References:
Biery, M. E. (2013, September 1). How healthy is your business? 6 ways to take its ‘temperature.’ (Links to an external site.)Forbes. Retrieved from https://www.forbes.com/sites/sageworks/2013/09/01/…
Mathur, A. (2016, April 20). Why 70% of companies paid zero in corporate taxes: they had zero profits (Links to an external site.). Forbes. Retrieved from https://www.forbes.com/sites/aparnamathur/2016/04/…
“Growing Your Business” – A Management Simulation. (https://uagc.tri-sim.com/canvas)

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