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 takes 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 Course Guide 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] Download Week 1 Case Analysis: Basic Pricing Policy and Concepts [DOCX].
Week 2 Case Analysis: Contracting Methods and Contract Types: Pricing Implications [DOCX] Download Week 2 Case Analysis: Contracting Methods and Contract Types: Pricing Implications [DOCX].
Week 3 Case Analysis: Price Analysis [DOCX] Download 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 :
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 :
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 a 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 a 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 (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. 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.
View Rubric
Week 3 Assignment – Introduction of Solar Technology Company
Week 3 Assignment – Introduction of Solar Technology Company
Criteria Ratings Pts
Describes the new company, including specific details about the reason your company was formed, its mission statement, and its vision statement.
view longer
18 to >16.2 pts
Exemplary
Describes your new company. including specific details about the reason your company was formed, its mission statement, and its vision statement.
16.2 to >14.4 pts
Competent
Describes your new company including specific details about at least two of the following: the reason your company was formed, its mission statement, its and vision statement.
14.4 to >12.6 pts
Satisfactory
Describes your new company and includes some detail on at least one of the following: the reason your company was formed, its mission statement, or its vision statement.
12.6 to >10.8 pts
Needs Improvement
Describes your new company, but lacks specific details on the reason your company was formed, its mission statement, its vision statement.
10.8 to >0 pts
Unacceptable
Did not submit or does not describe your new company.
/ 18 pts
Describes your company using specific details about the main product, an analysis of your key personnel, and your targeted client base.
view longer
16.8 to >15.12 pts
Exemplary
Describes your company using specific details about the main product, an analysis of your key personnel, and your targeted client base.
15.12 to >13.44 pts
Competent
Describes your company, with specific details about at least two of the following: main product, analysis of key personnel, and targeted client base.
13.44 to >11.76 pts
Satisfactory
Describes your company, with specific details about at least one of the following: main product, analysis of key personnel, and targeted client base.
11.76 to >10.08 pts
Needs Improvement
Describes your company, lacking specific details about the following: main product, analysis of key personnel, and targeted client base.
10.08 to >0 pts
Unacceptable
Did not submit or does not describe your company.
/ 16.8 pts
Describes SolarCal, including specific details about the reason your company was formed, its mission statement, and its vision statement.
view longer
16.8 to >15.12 pts
Exemplary
Describes SolarCal including specific details about the reason the company was formed, its mission statement, and its vision statement.
15.12 to >13.44 pts
Competent
Describes SolarCal including specific details about at least two of the following: the reason the company was formed, its mission statement, and its vision statement.
13.44 to >11.76 pts
Satisfactory
Describes SolarCal and includes some detail on at least one of the following: the reason the company was formed, its mission statement, or its vision statement.
11.76 to >10.08 pts
Needs Improvement
Describes SolarCal, but lacks specific details on the reason the company was formed, its mission statement, its vision statement.
10.08 to >0 pts
Unacceptable
Did not submit or does not describe SolarCal.
/ 16.8 pts
Describes SolarCal using specific details about the main product, an analysis of the key personnel, and your targeted client base.
view longer
16.8 to >15.12 pts
Exemplary
Describes SoalrCal using specific details about the main product, an analysis of key personnel, and your targeted client base
15.12 to >13.44 pts
Competent
Describes SolarCal, with specific details about at least two of the following: main product, analysis of key personnel, and targeted client base.
13.44 to >11.76 pts
Satisfactory
Describes SolarCal with specific details about at least one of the following: main product, analysis of key personnel, and targeted client base.
11.76 to >10.08 pts
Needs Improvement
Describes SolarCal lacking specific details about the following: main product, analysis of key personnel, and targeted client base.
10.08 to >0 pts
Unacceptable
Did not submit or does not describe SolarCal.
/ 16.8 pts
Describes three types of pricing analysis methods (comparison of proposed prices, comparison of market prices, etc.) that SolarCal might consider when forecasting prices. Selected and provided rationale (with at least two reasons) why that option is the best choice.
view longer
16.8 to >15.12 pts
Exemplary
Describes three types of pricing analysis methods (comparison of proposed prices, comparison of market prices, etc.) that SolarCal will consider when forecasting prices. Selects and provides rationale (with at least two reasons) why that option is the best choice.
15.12 to >13.44 pts
Competent
Describes at least two pricing analysis methods with some detail to differentiate between them and selects one as most appropriate. Provided one reason for the selection.
13.44 to >11.76 pts
Satisfactory
Describes at least two pricing analysis methods with some detail to differentiate between them and selects one as most appropriate. Does not provide a rationale for the selection.
11.76 to >10.08 pts
Needs Improvement
Lists pricing analysis methods, but lacks detail on how they differ. Does not select one method for SolarCal.
10.08 to >0 pts
Unacceptable
Did not submit or does not list pricing analysis methods.
/ 16.8 pts
Describes three types of pricing analysis methods (comparison of proposed prices, comparison of market prices, etc.) that your company will consider when forecasting prices. Selects and provides rationale (with at least two reasons) why that option is the best choice.
view longer
16.8 to >15.12 pts
Exemplary
Described three types of pricing analysis methods (comparison of proposed prices, comparison of market prices, etc.) that your company will consider when forecasting prices. Selects and provides rationale (with at least two reasons) why that option is the best choice.
15.12 to >13.44 pts
Competent
Describes at least two pricing analysis methods with some detail to differentiate between them and selects one as most appropriate. Provides one reason for the selection.
13.44 to >11.76 pts
Satisfactory
Describes at least two pricing analysis methods with some detail to differentiate between them and selects one as most appropriate. Does not provide a rationale for the selection.
11.76 to >10.08 pts
Needs Improvement
Lists pricing analysis methods, but lacks detail on how they differ. Does not select one method.
10.08 to >0 pts
Unacceptable
Did not submit or does not list pricing analysis methods.
/ 16.8 pts
Three quality references.
view longer
6 to >5.4 pts
Exemplary
Uses three quality references.
5.4 to >4.8 pts
Competent
Uses at least two quality references.
4.8 to >4.2 pts
Satisfactory
Uses at least two references, where at least one was quality.
4.2 to >3.6 pts
Needs Improvement
Uses at least one reference, but none of the references are quality.
3.6 to >0 pts
Unacceptable
Did not submit or provides no references.
/ 6 pts
Clarity, writing mechanics, and SWS formatting requirements.
view longer
12 to >10.8 pts
Exemplary
02 errors present.
10.8 to >9.6 pts
Competent
34 errors present.
9.6 to >8.4 pts
Satisfactory
56 errors present.
8.4 to >7.2 pts
Needs Improvement
78 errors present.
7.2 to >0 pts
Unacceptable
More than 8 errors present.
/ 12 pts
Total Points: 0