MBA 705 Milestone Four Guidelines and Rubric
Overview: For the capstone assessment, you will create a business implementation plan and audiovisual presentation for the product, service, or idea you have
been developing throughout your MBA coursework.
In Milestone Four, you will submit a financial analysis and funding plan, which includes your analysis of the projected costs, revenue streams, and net present
value for the concept from launch until two years after the breakeven point. Be sure to include a budget, an assessment of assets and liabilities, your anticipated
sources of funding, and the associated costs of attaining that capital as part of your analysis. Support your analysis with relevant primary and secondary data in
an appendix, specifying any relevant assumptions and limitations. You should include, among other support, sales forecasts, cash flow statements, income
projections, and any other relevant calculations or financial reports.
Critical Elements:
Analyze the projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point.
Include the following as part of your analysis:
o Budget
o Assessment of assets and liabilities
o Anticipated sources of funding
o Associated costs of attaining that capital
Include relevant proforma financial reports:
o Sales forecasts
o Cash flow statements
o Income projections
o All other relevant reports specific to your concept or idea
Academic Honesty and Plagiarism
Throughout this capstone you will draw from many of your previous courses, including assignments and artifacts. You will continue to build upon these projects
and ideas throughout the capstone. This is an essential part of your academic career, so it is important to avoid plagiarism, specifically self-plagiarism. Please
review the Academic Honesty and Plagiarism Library Guide as well as the article What Is Considered Plagiarism And How to Avoid It for more information on the
proper steps to take for citation.
Southern New Hampshire University requires all students to adhere to high standards of integrity in their academic work. Activities such as plagiarism and
cheating are not condoned by the university. Review the full Academic Honesty Policy for more information.
https://libguides.snhu.edu/citation/plagiarism
https://www.snhu.edu/about-us/newsroom/2019/08/what-is-considered-plagiarism
https://www.snhu.edu/admission/academic-catalogs/coce-catalog#/policy/Hk7DXnEcW
Guidelines for Submission: Your draft must contain all of the elements listed above. It should be 5 to 8 pages in length (excluding the title page, references, and
appendices) using 12-point Times New Roman font, with one-inch margins. You may include summary pictures, charts, graphs, or other explanatory diagrams as
needed to successfully explain the concept and implementation, but should use appendices for detailed supporting documentation. Your paper should follow
APA guidelines. You must include at least 5 scholarly sources. Cite your sources within the text of your paper and on the reference page.
Critical Elements Proficient (100%) Not Proficient (0%) Value
Main Elements Includes most of the main elements Does not include any of the main elements 20
Critical Thinking Provides logical conclusions and defends with
examples
Does not provide logical conclusions 20
Financial Analysis Provides an analysis of projected costs,
revenue streams, and net present value for
the concept from launch until two years after
the breakeven point
Does not provides an analysis of projected
costs, revenue streams, and net present value
for the concept from launch until two years
after the breakeven point
15
Analysis Parts Provides a budget, an assessment of assets
and liabilities, anticipated sources of funding,
and the associated costs of attaining that
capital as part of the analysis
Does not provide a budget, an assessment of
assets and liabilities, anticipated sources of
funding, and the associated costs of attaining
that capital as part of the analysis
15
Financial Reports Provides proforma financial reports including
sales forecasts, cash flow statements, income
projections, and other relevant reports
specific to concept or idea
Does not provide proforma financial reports 15
Articulation of Response
Submission does not have critical errors
related to citations, grammar, spelling,
syntax, or organization that prevent
understanding of ideas
Submission has critical errors related to
citations, grammar, spelling, syntax, or
organization that prevent understanding of
ideas
15
Total 100%
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1-2 Milestone One: Justification
Abdussamet akca
MBA 750
01/09/2022
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Increasing automation in the defense sector is a concept that can be implemented to
benefit defense and aerospace manufacturing companies. Creating robots reduces the workforce
required in a job, increases production, and lowers the costs involved in production. Many
companies are adopting automation to increase non-defective products production. Due to human
error, there is the likelihood that some goods, if produced using the workforce, will be defective.
For a company trying to maximize profits and minimize expenditure and costs, defective goods
lower the company’s profitability. Hence, robots are the best option because automation leads to
uniform and non-defective products. In addition, the concept lowers the costs of the workforce
because machines do not get tired or exhausted (Terry, 2019). That means it can operate for
many hours, unlike human power. Therefore, the company reduces the money spent on hiring
because the robots can handle many people’s work. The robots also help in doing dangerous and
unpleasant work. In the defense sector, there is the manufacturing of many goods. Some of the
products manufactured cause harm to human beings when exposed to them. Therefore the
procedure becomes more expensive for the manufacturing companies as they are forced to spend
a lot on protective wear for the employees carrying out the work. Since robots do not get infected
or are not affected by the reaction between the chemicals used in these harmful procedures, they
can save the manufacturing companies a lot. Firstly, companies do not need to hire many people
to perform these tasks since they require maximum carefulness. The costs of hiring so many staff
are reduced when the robots are adopted to do the work. In addition, the company does not spend
a lot on protective wear since the robots do not need it.
Automation also powers growth in companies; when covid 19 hit the planet, many
companies underwent many challenges. Since there were government orders and restrictions for
people to keep a distance and stay at home, many companies experienced shortages in labor.
This is because f a unit comprises a certain number of people, they could not operate in such a
unit anymore. Therefore the companies started experiencing losses because of low productivity
and high labor costs. Due to this, companies need to adopt automation so that the production
lines can continue running. Having robots do the work eliminates any chances of production
stoppage since machines do not get sick or exhausted. Therefore companies do not face the
dangers of running short of production when there is a contingency. There is also the assurance
of stability if the automation processes are used. This is because there is always production going
on, even in the presence of contingencies or crises. Therefore the companies do not stop
production because they are not entirely dependent on the workforce. There is reliability in using
machines, and the company’s growth is increased because there is a steady flow of production
(Tuomi et al., 2019). There are also other benefits stemming from the adoption of robots in
production; automation has led to many opportunities, including reliance on technology. The
efficiency of a company can be increased by reliance on technology; this is because
technological advancements offer companies the chance to produce innovative products. This
increases the market share of the company as well as its competitive advantage. In addition,
artificial intelligence and robotic automation are increased in the company; the company
becomes more reliant on technology and the advantages the technology advancements have to
offer. Also, the company starts becoming more competitive, and the goods they produce are
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competitive in the market. The company’s resources are utilized to the maximum because
defective goods are reduced. The company is transformed by technology because technology
makes it possible to achieve its goals more quickly.
The market for artificial intelligence is growing around the world. This is because many
companies in different industries adopt automation to make their work easier. The concept
targets a large market since every industry can utilize the concept of automation. But most
importantly, in this case, the concept targets manufacturing companies. The concept aims to
ensure companies increase automation in the manufacturing process to ease the costs of
production. This is a vast market that affects the economy. When there are decreased costs in
production, there is a decrease in prices, or the companies can decide3 not to lower the prices so
that they can enjoy large margin profits. This means growth in these companies. The market for
robots has its dynamics, such as the rise in demand for the robots. Industries have been acquiring
automation to ensure they reach their desired goals; since the automation process has been
utilized by some companies and led them to success, then other companies in the same or
different industries are also adopting the technology.
Therefore, the concept can be used in different companies because it allows employees to
shift their focus from the tasks that robots can handle and focus on other essential tasks. The
other market for robots apart from companies in the domestic sector (Cave et al., 2019).
Automation is possible even at home. Some chores can be carried out using robots at home. This
lowers the amount of time a person uses doing these chores and focuses on other essential tasks.
This means the market for robots and automation technology is extensive and can be adopted at
home and in companies. The market is even expected to grow with time since other sectors such
as healthcare, defense, and others are adopting the technology, increasing its demand and
growth. The demand is even rising due to the increase in preventing coronavirus. The health
sector has been raising its demand for automation and artificial intelligence to deal with the
impacts of covid 19.
The robots are made with sp0ecific features that set them apart from the other similar
technologies to ensure they are competitive in the market. Firstly, the robots are manufactured
according to the company’s needs, and the industry company is in. since there is the production
of many robots for different uses, it is possible for the production not to fit the desired use or the
reason it has been manufactured for. There is an existing problem where companies make robots
with no distinctive features. Therefore some become ineffective because they cannot handle
some tasks. The difference in the type of robots produced by this company is that they are
specifically made for their uses. There is no generalization, and the requirements are researched
before the technology is developed. The robots have features similar to human beings to ensure
the tasks are performed to satisfaction. Therefore it is an artificial intelligence developed to
answer questions or handle a task. It is programmed in a way similar to that of human beings.
The programming is done to almost suit the human being’s perception to ensure perfection. In
addition, the robots used in handling complex manual tasks have features that allow them to
perfect on that specific task (Kaartemo & Helkkula, 2018). Due to these features, the robots can
beat competition since there are many gaps in the markets, and there has been a failure in these
technologies due to generalization. The main idea is to ensure there is no generalization in the
making of the robots, and each can handle the tasks it is made for. Hence, the product will be
able to quickly gain market share since they are efficient and lead to the fulfillment of the
customers’ needs.
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The company prioritizes ensuring its products are innovative and competitive, even in
line with its vision and mission. Hence the product is innovative. It is in line with the company’s
mission and vision. It can drive the company towards its goals and set strategies. The product is
also innovative because it uses technology to solve an existing problem (Upchurch, 2018). It is
designed to come up with easy ways to solve the existing problem of production. Through the
technology, production is made easy, and also it lowers the costs incurred by companies in the
production process. More time is given to the development of the product to ensure it is more
specific in solving the problems it is made for. The fact that it is not generalized makes it more
innovative. This is because it is made to be specific about problems, and it solves the specific
problems it is made for hence making it easy to use and more effective. It is also innovative
because the technology used in making it is different in that it is focused on a specific area
instead of general sectors.
The following graph show the number of hours worked by a robot, this helps to explain
the impact of the robots in companies and how they influence the performance of the company
across different countries of the world.
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References
Cave, S., Coughlan, K., & Dihal, K. (2019, January). ” Scary Robots” Examining Public
Responses to AI. Proceedings of the 2019 AAAI/ACM Conference on AI, Ethics, and
Society (pp. 331-337).
Kaartemo, V., & Helkkula, A. (2018). A systematic review of artificial intelligence and robots in
value co-creation: current status and future research avenues. Journal of Creating Value,
4(2), 211-228.
Terry, N. (2019). Of regulating healthcare AI and robots. Available at SSRN 3321379.
Tuomi, A., Tussyadiah, I., & Stienmetz, J. (2019). Leveraging LEGO® Serious Play® to
embrace AI and robots in tourism. Annals of Tourism Research, 81, 102736.
Upchurch, M. (2018). Robots and AI at work: the prospects for singularity. New Technology,
Work and Employment, 33(3), 205-218.