C.R Plastics Case study

Based on the information in the case, assess the performance of C.R. Plastics.How much additional financing will Jamie Bailey need under both production alternatives?If you were Jamie Bailey, how much money would you request from the venture capitalists? How much equity would you be willing to give up?Use the case method to apply concepts towards solving a complex business problem. You must read the case carefully as well as the concepts in the chapter to answer the case questions. You will note that the grade assumes there may be a variety of approaches to take to tackling any problem posed in the cases, and stating the best ones you have considered before arriving at a final recommendation is an important part of the process, and the grade. So don’t just go for your first instinct – consider several possibilities and show how you got to the best solution/recommendation.Activity/Competencies Demonstrated GradeDefine the problem /15Formulate alternative solutions and evaluate each alternative /30Recommend and justify an effective solution /35Conclusion and circumvention of potential problems /20Total /100
Step 1. Define the problem (15%)Be sure to identify the problem and not the symptom of a problem. For example, a decline in sales is a symptom of a problem; you must identify the actual cause of the decline in sales.Step 2. Formulate alternative solutions and evaluate each alternative (30%)It may be helpful to brainstorm as many solutions as you can and then narrow your list down to three or four solutions you feel are the strongest.To evaluate alternative solutions, you should consider their strengths (e.g. increased productivity) and their weaknesses (e.g. increased cost).Step 3. Recommend and justify an effective solution (35%)Be sure to record the reasons why the chosen solution is most effective. In your Case Analysis you must provide a recommendation that is supported by your analysis.Note: Your analysis may require that you identify more than one problem and develop a set of recommendations.Step 4. Conclusion and circumvention of potential problems (20%)Summarize the case and key findings. If there could be problems with your recommendations, state them. As well, suggest ways to overcome these problems – A contingency plan to address potential difficultie