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MBA/550 Working Capital Management Worksheet Assignment
Week 1
The first week assignment focuses on creating a worksheet you can use in planning to gain
knowledge about key course concepts and to recognize application of those concepts in the
real world. The assignment has three purposes: (A) identify at least five key theoretical
concepts from this week readings, (B) relate each key concept to its application in an
organizational setting, and (C) communicate well-researched information clearly,
concisely, and in an organized manner.
Run the "Working Capital Management"“ simulation to identify examples of five or more
key course concepts. Remember that the mind map is a source of these concepts. Then,
read the assigned text materials to develop knowledge about the concepts. You may also
wish to research these concepts through database searches in the University Library. This
additional research will help expand your understanding of the text materials.
By completing the worksheet following the title page, you can begin to develop your
research and written communication skills. The example below is from the MBA/500
course using the USAuto scenario. This example can be useful to understanding the
assignment requirements. Please note that in describing the application of the concept, the
worksheet should not contain simple one-word or even one-sentence answers; it should
adequately demonstrate, in short paragraphs, careful study of the situations presented in
the scenario, the simulation, and the reading materials.
Example Table for Assignment
Concept Application of Concept in the Simulation Reference to Concept in Reading
Distributive negotiations USAuto negotiating team did not carefully identify AutoMex
goals. USAuto goal was to reduce costs through utilizing AutoMex labor. AutoMex, by
contrast, viewed USAuto as a source for developing its employees skill levels. USAuto
negotiating team also approached entering the Mexican market similarly, unwilling to
allow AutoMex access to the hybrid engine for AutoMex own production.
Both of these distributive approaches create win-lose situations and can lead to conflict, as
compared to the win-win situations created by integrative negotiations (Kinicki &
Kreitner, 2003, p. 504).
"A distributive negotiation usually involves a single issue*ƒ²*ƒ"€ša *ƒ²*ƒ"€š?
fixed-pie*ƒ²*ƒ"€šin which one person gains at the expense of the other. For example,
haggling over the price of a rug in a bazaar is a distributive negotiation,"“ (Kreitner &
Kinicki, 2003, p. 71).
Working Capital Management Concepts Worksheet
Roy Emery
University of Phoenix
Working Capital Management Concepts Worksheet
Concept Application of Concept in the Simulation Reference to Concept in Reading
Cash Conversion Cycle
Lawrence Sports has acquired inventory on credit, which resulted in an account payable.
