Category: Business & Finance

  • [Solved] short discussion post

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    [>Economics homework help](https://www.sweetstudy.com/fields/business-finance-economics)

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    [>Economics homework help](https://www.sweetstudy.com/fields/business-finance-economics)

  • [Solved] RRR

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    [>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting) – [\ \ good.pdf](https://www.sweetstudy.com/files/good-pdf-10525977 "good.pdf")

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  • [Solved] Business & Finance Customer Personas Assignment

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    Attached is the template for the assignment, you will only focus on slide #2. Attached is the first slide, which give information about the Nike brand. Attached are example customer personas. **Objective** Leverage data to craft a detailed and actionable representation of your ideal consumer. The us…

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    Assignment Prompt & Instructions

    Attached is the template for the assignment, you will only focus on slide #2.

    Attached is the first slide, which give information about the Nike brand.

    Attached are example customer personas.

    **Objective**

    Leverage data to craft a detailed and actionable representation of your ideal consumer.

    The use of AI tools is permitted to enhance your research and analysis.

    **Assignment Details**

    – **Main Deliverable:** One comprehensive slide summarizing your customer persona, accompanied by an appendix containing all evidence and documentation of your research process.
    – **Resources:** Links to the persona template and three sample slides are provided at the bottom.

    **Persona Template Sections**

    01. **Persona Name**

    – Choose a descriptive, memorable name that encapsulates your persona’s character.
    02. **Picture**

    – Include an image that brings your persona to life—so that readers can instantly recognize a familiar face.
    03. **Personal Quote**

    – Craft a statement that reflects the typical sentiment or recurring thought of your target consumer.
    04. **Goal**

    – Describe the primary need, problem, or goal that positions the persona as an ideal match for your brand’s products or services.
    05. **Demographics**

    – Outline key demographic details, including:
    – Age and gender
    – Salary or combined household income
    – Geographic location (urban, suburban, or rural)
    – Level of education
    – Family size
    06. **Behavioral Attributes**

    – Detail the persona’s digital and media behavior, such as:
    – Social media preferences
    – Digital fluency
    – Content consumption habits
    – Favorite industry websites
    – Typical decision-making timeline
    – Attention span
    07. **Motivations**

    – Identify the driving factors behind your persona’s purchasing decisions, including the emotional benefits they seek.
    08. **Frustrations**

    – Highlight the challenges or obstacles the persona faces in achieving their goals.
    09. **Keywords**

    – List relevant keywords that reflect the persona’s position in the customer journey and the issues they aim to resolve.
    10. **Content Ideas**

    – Propose content strategies and editorial approaches that will effectively engage your persona.

    **Recommended Research Sources**

    Consider using the following resources to build a robust persona:

    – GlobalWebIndex.com (free account available)
    – SimilarWeb.com
    – AnswerThePublic.com
    – Industry Syndicated Studies
    – Whitepapers

    – [\
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    AssignmentTemplates-1.pptx](https://www.sweetstudy.com/files/assignmenttemplates-1-pptx-10526113 "AssignmentTemplates-1.pptx")
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    Assignment-1Nike.pptx](https://www.sweetstudy.com/files/assignment-1nike-pptx "Assignment-1Nike.pptx")
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    CustomerPersonaExample2.png](https://www.sweetstudy.com/files/customerpersonaexample2-png "CustomerPersonaExample2.png")
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    CustomerPersonaExample3.png](https://www.sweetstudy.com/files/customerpersonaexample3-png "CustomerPersonaExample3.png")
    – [\
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    CustomerPersonaExample1.png](https://www.sweetstudy.com/files/customerpersonaexample1-png "CustomerPersonaExample1.png")

  • [Solved] 9-1 Capstone Component 2: Recommendation Presentation

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management) In **Module Nine**, you will submit your recommendation presentation. Based on the findings of your feasibility study, the presentation of 10–15 slides will communicate and expand on your recommendations to de…

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)

    In **Module Nine**, you will submit your recommendation presentation. Based on the findings of your feasibility study, the presentation of 10–15 slides will communicate and expand on your recommendations to decision makers in the organization considering the project. It should include audio narration or speaker notes (i.e., a transcript of what you would say). It should be a complete, polished artifact containing all of the critical elements of the recommendation presentation. **This submission will be graded comprehensively with the other components using the Final Project Rubric.**

  • [Solved] Ethical decision-making

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    [>Marketing homework help](https://www.sweetstudy.com/fields/business-finance-marketing) Evaluate the role of organizational development in ethical decision-making during change processes, from a Christian worldview. Provide an example, either real or hypothetical, where development tools facilitate…

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    [>Marketing homework help](https://www.sweetstudy.com/fields/business-finance-marketing)

    Evaluate the role of organizational development in ethical decision-making during change processes, from a Christian worldview. Provide an example, either real or hypothetical, where development tools facilitated navigating ethical dilemmas while promoting ethical leadership. Relate your evaluation to principles from "Moral Complexity in Leadership: Loyalty and the Cost of Excellence,"

  • [Solved] for anyone

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    [>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting) I need a woman to do an audio narration on my powerpoint slides. I already did the powerpoint presentation. **files (1)** – ## ChangeManagementCommunicationPlan.pptx **## ChangeManagementCommunicationPlan.pptx…

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    [>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting)

    I need a woman to do an audio narration on my powerpoint slides. I already did the powerpoint presentation.

    **files (1)**

    – ## ChangeManagementCommunicationPlan.pptx

    **## ChangeManagementCommunicationPlan.pptx**

    Change Management Communication Plan

    Rashunda Wills

    SNHU

    MBA 687-10182

    4/3/26

    Introduction to the Change Communication Plan

    This presentation outlines a structured communication plan to support organizational change at the U.S. branch.

    The U.S. branch is currently facing high turnover, low engagement, and communication breakdowns.

    Data shows a 28.8 percent turnover rate and an employee Net Promoter Score of negative 10.

    Exit interviews highlight concerns such as lack of training, poor communication, and limited career growth.

    These issues directly threaten the company’s strategic goals of growth and customer satisfaction.

    The communication plan focuses on aligning employees, improving engagement, and supporting successful change implementation.

    This presentation gives a communication plan and why it is necessary at this stage. The U.S. branch is dealing with several serious challenges that cannot be ignored. For example, the turnover rate of 28.8 percent is quite high, and the employee Net Promoter Score of negative 10 clearly shows that employees are not satisfied or willing to recommend the organization. In addition, exit interviews reveal consistent concerns around lack of training, weak communication, and limited career development opportunities. These are not isolated issues, but patterns that point to deeper organizational problems. If these challenges are not addressed, they will continue to affect productivity and customer satisfaction. This communication plan is designed to address these concerns by improving clarity, engagement, and alignment during the change process.

    2

    Target Audience Analysis

    According to Shrivastava et al. (2022) a proper communication plan requires comprehensive understanding of the audience

    The primary audience includes senior leadership at the Singapore headquarters and managers at the U.S. branch.

    Secondary audiences include frontline employees, especially call center staff with less than two years of tenure.

    Over 52 percent of employees have worked at the branch for less than one year, indicating a highly inexperienced workforce.

    Employees are diverse in age and background, with the majority between ages 20 and 34.

    Leadership and employees have different communication needs and expectations during change.

    A targeted communication approach is necessary to ensure that messages are relevant and effective for each group.

    Understanding the audience is critical for any communication plan, especially during organizational change (Shrivastava et al., 2022). In this case, there are multiple groups that need to be considered. Senior leaders at the Singapore headquarters focus more on strategy and long-term goals, while managers at the U.S. branch are responsible for day-to-day operations and employee supervision. At the same time, frontline employees, particularly those in the call center, represent a large portion of the workforce. It is important to note that more than half of employees have been with the company for less than one year, which suggests limited experience and a greater need for guidance and support. The workforce is also relatively young and diverse, which affects how communication is received. Because of these differences, communication must be tailored to meet the specific needs of each audience group.

    3

    Communication Objectives and Goals

    The primary goal of the communication plan is to improve employee engagement and reduce turnover.

    Communication is needed to address confusion, lack of transparency, and inconsistent messaging.

    The plan aims to clearly explain the reasons for change and the benefits for employees.

    Employees usually support change if they perceive personal value of the change (Peng et al., 2021).

    A key objective is to align employees with the company’s vision, mission, and strategic goals.

    The communication strategy will emphasize transparency, consistency, and two-way dialogue.

    Ultimately, the goal is to build trust and encourage employee participation in the change process.

    One of the biggest issues identified in the organization is low employee engagement, which is directly linked to high turnover. Employees have expressed frustration about unclear communication and lack of transparency, especially from top leadership. Because of this, the communication plan must first address these gaps. It is not enough to simply announce changes; employees need to understand why the change is happening and how it affects them. This is where the idea of “what is in it for me” becomes important. When employees see personal value, they are more likely to support the change (Peng et al., 2021). Another key objective is to ensure that employees feel connected to the company’s overall direction. By improving transparency and encouraging open communication, the organization can begin to rebuild trust and improve engagement.

    4

    Key Messages and Tone of Communication

    Communication will emphasize the urgency of addressing turnover, disengagement, and communication gaps.

    Messages will clearly explain how change supports employee growth and organizational success.

    The tone of communication will be transparent, supportive, and inclusive.

    Leaders will highlight opportunities for training, development, and career advancement.

    Communication will reinforce that employee feedback is valued and will influence decisions.

    A consistent message will be delivered across all levels of the organization to avoid confusion.

    The success of a communication plan depends not only on what is said, but also how it is said. In this case, the messaging must address the urgency of the current situation without creating fear or resistance. Employees already feel disconnected, so the tone needs to be supportive and inclusive rather than directive. One important part of the message is explaining how the change will benefit employees, especially in terms of training, career development, and better communication. This directly responds to concerns raised in exit interviews, where employees mentioned lack of growth opportunities and feeling unheard. Another key aspect is consistency. Mixed messages from leadership can create confusion and reduce trust. Therefore, all leaders must communicate the same core message. At the same time, employees should feel that their feedback matters and will be considered in decision-making.

    5

    Defining Performance Expectations During Change

    Errida and Lotfi (2021) asserts that establishing clear expectations is essential during change as it enhances clarity and reduces confusion.

    Employees will be expected to actively engage in new communication and collaboration practices.

    During a change like this, managers must consistently communicate goals, provide feedback, and support employee development (Lewis, 2025).

    Leaders are expected to model transparency and encourage open dialogue across teams.

    Employees should take initiative in learning new tools, processes, and standard operating procedures.

    Cross-functional collaboration between the U.S. branch and Singapore headquarters will be required.

    Clear expectations will reduce confusion and improve accountability during the change process.

    During this transition, expectations need to be very clear so that employees understand what is required of them (Errida & Lotfi, 2021). Employees will be expected to engage more actively, especially when it comes to communication and collaboration. This means participating in meetings, using shared tools, and being open to feedback. Managers have an even greater responsibility. They must communicate expectations clearly, provide regular feedback, and support employees as they adjust (Lewis, 2025). Leadership behavior also needs to shift. Leaders should demonstrate transparency and create an environment where employees feel comfortable speaking up. At the same time, employees should take ownership of their own development by learning new systems and processes. These expectations are important because they create structure and accountability, which are currently lacking and contributing to confusion and disengagement.

    6

    Workforce Development Technique 1 – Leadership Training Programs

    Structured leadership training programs will be introduced to improve management effectiveness.

    Training will focus on communication, emotional intelligence, and delegation skills.

    Leadership gaps such as controlling behavior and poor communication have already been identified.

    Training will help managers align their leadership style with employee needs and organizational goals.

    Improved leadership behavior will directly influence employee engagement and retention.

    This initiative supports long-term development of strong and effective change leaders.

    One of the most important steps in improving engagement is strengthening leadership. Structured leadership training programs will focus on areas that have already been identified as weak, such as communication, emotional intelligence, and delegation. For example, the Vice President acknowledged being overly controlling, while other managers admitted challenges in communication and delegation. These issues affect how employees experience the workplace on a daily basis. When leaders communicate poorly or fail to involve their teams, employees feel disengaged and undervalued. Training helps leaders become more self-aware and more effective in managing people. It also ensures that leadership behavior aligns with the company’s goals and values. Over time, better leadership leads to stronger relationships, improved trust, and higher retention. This is not just about fixing problems, but about building leaders who can support change in the long run.

    7

    Workforce Development Technique 2 – Coaching and Mentoring

    A coaching and mentoring culture will be introduced to support employee development.

    Managers will act as coaches who guide employees rather than simply supervise tasks (Weinberg & Scandura, 2024).

    Employees will receive regular feedback, support, and opportunities for growth.

    Exit interviews show that employees feel unheard and lack career development opportunities.

    Coaching will improve communication, trust, and employee confidence during change (Weinberg & Scandura, 2024).

    This approach will help reduce turnover and increase long-term employee commitment.

    Creating a coaching and mentoring culture is another key step in improving engagement. Instead of only focusing on performance, managers need to focus on developing their employees. This means having regular conversations, offering guidance, and helping employees grow in their roles (Weinberg & Scandura, 2024). Many employees who left the company mentioned feeling unheard or lacking career opportunities. That kind of environment leads to frustration and eventually turnover. Coaching helps address these concerns by building stronger relationships between managers and employees. It also creates a sense of support, especially during times of change when uncertainty is high. Employees are more likely to stay in an organization where they feel valued and supported. Mentoring also allows employees to see a clear path for growth, which directly addresses one of the main reasons people leave the organization.

    8

    Communication Channels and Delivery Strategy

    A multi-channel communication strategy will be used to reach all employees effectively.

    Key channels include team meetings, email updates, and digital collaboration platforms.

    Asynchronous tools will support collaboration across different time zones.

    Regular updates will ensure that employees stay informed throughout the change process.

    Managers will play a central role in delivering and reinforcing key messages.

    Using multiple channels will reduce miscommunication and improve message consistency (Shrivastava et al., 2022).

    Effective communication depends on choosing the right channels, especially in an organization that operates across locations. A combination of communication methods will be used to ensure that messages reach everyone. Team meetings allow for direct interaction and discussion, while email updates provide clear and consistent information that employees can refer back to. Digital collaboration tools are especially important for coordinating work between the U.S. branch and Singapore headquarters. Since teams may not always be working at the same time, asynchronous tools will help maintain progress without delays. Managers play a key role in this process because they are the main point of contact for employees. By using multiple channels and reinforcing messages consistently, the organization can reduce confusion and ensure that employees stay informed and engaged throughout the change process (Shrivastava et al., 2022).

    9

    Communication Timeline

    Communication will begin with an initial announcement explaining the need for change.

    Weekly updates will be provided to keep employees informed of progress and developments.

    Monthly meetings will be held to review progress and address concerns.

    Key milestones will be communicated as changes are implemented across the organization.

    Communication will continue even after implementation to reinforce changes (Shrivastava et al., 2022).

    A structured timeline ensures consistency and prevents information gaps.

    A clear communication timeline is important to make sure employees are not left guessing about what is happening. The process will begin with an initial announcement that explains why change is necessary, using data such as turnover rates and employee feedback. After that, weekly updates will keep employees informed about progress and any new developments. Monthly meetings will provide a space for deeper discussions, where employees can ask questions and raise concerns. As the organization moves through different stages of change, key milestones will also be shared so employees can see progress being made. Communication will not stop once changes are implemented. It will continue to reinforce new behaviors and expectations (Shrivastava et al., 2022). Having a structured timeline helps create consistency, which is something that has been missing and has contributed to confusion in the organization.

    10

    Communication Responsibilities and Leadership Roles

    Every stakeholder must understand their roles to ensure effective communication (Li et al., 2021).

    Senior leadership will communicate the vision, strategy, and urgency for change.

    Managers will be responsible for delivering messages and supporting employees at the team level.

    HR will act as a facilitator, providing tools, training, and guidance for communication.

    Team leaders will reinforce messages and ensure understanding among frontline employees.

    Clear roles and responsibilities will ensure accountability in communication efforts (Li et al., 2021).

    Consistent leadership involvement will strengthen trust and engagement.

    For communication to be effective, everyone involved needs to understand their role (Li et al., 2021). Senior leadership is responsible for setting the direction and explaining why change is necessary. Their role is to communicate the bigger picture and connect the change to the organization’s goals. Managers take that message and bring it to their teams. They are responsible for making sure employees understand what the change means for their daily work. HR plays a different role. Instead of leading the change, HR supports the process by providing training, tools, and guidance to ensure communication is effective. Team leaders also play an important role because they interact directly with frontline employees on a daily basis. When responsibilities are clearly defined, communication becomes more consistent (Li et al., 2021). This consistency helps build trust, which is currently lacking and needs to be strengthened.

    11

    Feedback Loop and Communication Effectiveness

    A feedback loop will be established to monitor the effectiveness of communication.

    Employee surveys and feedback sessions will be used to gather insights.

    Key performance indicators include engagement scores, turnover rates, and employee satisfaction.

    Feedback will be reviewed regularly and used to adjust communication strategies.

    Open communication channels will allow employees to share concerns and suggestions.

    Continuous feedback ensures that communication remains relevant and effective (Khaw et al., 2023).

    Communication should not be one-sided. It is important to create a system where employees can respond and share their thoughts. A feedback loop will help measure how well the communication plan is working. This will include employee surveys, feedback sessions, and informal check-ins. Key indicators such as engagement scores, turnover rates, and employee satisfaction will be used to track progress. If these metrics do not improve, adjustments will need to be made. Feedback should be reviewed regularly so that issues can be addressed quickly instead of being ignored. Employees also need to feel comfortable sharing their opinions, especially since many have previously felt unheard. By keeping communication open and responsive, the organization can improve trust and ensure that the change process stays on track and meets employee needs.

    12

    Conclusion and Expected Outcomes

    The communication plan addresses key challenges such as disengagement, turnover, and poor communication.

    A structured approach will improve clarity, alignment, and employee involvement.

    Workforce development initiatives will strengthen leadership and support employee growth.

    Multi-channel communication will ensure consistent and effective message delivery.

    Feedback mechanisms will allow continuous improvement throughout the change process.

    Successful implementation will lead to higher engagement, lower turnover, and improved performance.

    The communication plan is designed to directly address the major issues facing the U.S. branch, including disengagement, high turnover, and poor communication. By taking a structured approach, the organization can improve clarity and ensure that employees understand both the need for change and their role in it. Workforce development initiatives, such as leadership training and coaching, will help build stronger leaders who can support employees more effectively. Using multiple communication channels ensures that messages are consistent and reach all employees, regardless of their role or location. The inclusion of feedback mechanisms is also important because it allows the organization to adjust and improve over time. If implemented successfully, this plan will lead to higher employee engagement, reduced turnover, and better overall performance.

    13

    References

    Errida, A., & Lotfi, B. (2021). The determinants of organizational change management success: Literature review and case study. International Journal of Engineering Business Management, 13, 18479790211016273.

    Khaw, K. W., Alnoor, A., Al-Abrrow, H., Tiberius, V., Ganesan, Y., & Atshan, N. A. (2023). Reactions towards organizational change: a systematic literature review. Current Psychology, 42(22), 19137-19160.

    Lewis, L. (2025). Organizational change. In Origins, Traditions, and Trends of Organizational Communication (pp. 415-436). Routledge.

    Li, J. Y., Sun, R., Tao, W., & Lee, Y. (2021). Employee coping with organizational change in the face of a pandemic: The role of transparent internal communication. Public relations review, 47(1), 101984.

    Peng, J., Li, M., Wang, Z., & Lin, Y. (2021). Transformational leadership and employees’ reactions to organizational change: Evidence from a meta-analysis. The Journal of applied behavioral science, 57(3), 369-397.

    Shrivastava, S., Pazzaglia, F., Sonpar, K., & McLoughlin, D. (2022). Effective communication during organizational change: a cross-cultural perspective. Cross Cultural & Strategic Management, 29(3), 675-697.

    Weinberg, F. J., & Scandura, T. (2024). Advancing the future of workplace development: integrative approaches to mentoring and coaching. Journal of Managerial Psychology, 39(6), 832-843.

    ## image2.png

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    **## ChangeManagementCommunicationPlan.pptx**

    Change Management Communication Plan

    Rashunda Wills

    SNHU

    MBA 687-10182

    4/3/26

    Introduction to the Change Communication Plan

    This presentation outlines a structured communication plan to support organizational change at the U.S. branch.

    The U.S. branch is currently facing high turnover, low engagement, and communication breakdowns.

    Data shows a 28.8 percent turnover rate and an employee Net Promoter Score of negative 10.

    Exit interviews highlight concerns such as lack of training, poor communication, and limited career growth.

    These issues directly threaten the company’s strategic goals of growth and customer satisfaction.

    The communication plan focuses on aligning employees, improving engagement, and supporting successful change implementation.

    This presentation gives a communication plan and why it is necessary at this stage. The U.S. branch is dealing with several serious challenges that cannot be ignored. For example, the turnover rate of 28.8 percent is quite high, and the employee Net Promoter Score of negative 10 clearly shows that employees are not satisfied or willing to recommend the organization. In addition, exit interviews reveal consistent concerns around lack of training, weak communication, and limited career development opportunities. These are not isolated issues, but patterns that point to deeper organizational problems. If these challenges are not addressed, they will continue to affect productivity and customer satisfaction. This communication plan is designed to address these concerns by improving clarity, engagement, and alignment during the change process.

    2

    Target Audience Analysis

    According to Shrivastava et al. (2022) a proper communication plan requires comprehensive understanding of the audience

    The primary audience includes senior leadership at the Singapore headquarters and managers at the U.S. branch.

    Secondary audiences include frontline employees, especially call center staff with less than two years of tenure.

    Over 52 percent of employees have worked at the branch for less than one year, indicating a highly inexperienced workforce.

    Employees are diverse in age and background, with the majority between ages 20 and 34.

    Leadership and employees have different communication needs and expectations during change.

    A targeted communication approach is necessary to ensure that messages are relevant and effective for each group.

    Understanding the audience is critical for any communication plan, especially during organizational change (Shrivastava et al., 2022). In this case, there are multiple groups that need to be considered. Senior leaders at the Singapore headquarters focus more on strategy and long-term goals, while managers at the U.S. branch are responsible for day-to-day operations and employee supervision. At the same time, frontline employees, particularly those in the call center, represent a large portion of the workforce. It is important to note that more than half of employees have been with the company for less than one year, which suggests limited experience and a greater need for guidance and support. The workforce is also relatively young and diverse, which affects how communication is received. Because of these differences, communication must be tailored to meet the specific needs of each audience group.

    3

    Communication Objectives and Goals

    The primary goal of the communication plan is to improve employee engagement and reduce turnover.

    Communication is needed to address confusion, lack of transparency, and inconsistent messaging.

    The plan aims to clearly explain the reasons for change and the benefits for employees.

    Employees usually support change if they perceive personal value of the change (Peng et al., 2021).

    A key objective is to align employees with the company’s vision, mission, and strategic goals.

    The communication strategy will emphasize transparency, consistency, and two-way dialogue.

    Ultimately, the goal is to build trust and encourage employee participation in the change process.

    One of the biggest issues identified in the organization is low employee engagement, which is directly linked to high turnover. Employees have expressed frustration about unclear communication and lack of transparency, especially from top leadership. Because of this, the communication plan must first address these gaps. It is not enough to simply announce changes; employees need to understand why the change is happening and how it affects them. This is where the idea of “what is in it for me” becomes important. When employees see personal value, they are more likely to support the change (Peng et al., 2021). Another key objective is to ensure that employees feel connected to the company’s overall direction. By improving transparency and encouraging open communication, the organization can begin to rebuild trust and improve engagement.

    4

    Key Messages and Tone of Communication

    Communication will emphasize the urgency of addressing turnover, disengagement, and communication gaps.

    Messages will clearly explain how change supports employee growth and organizational success.

    The tone of communication will be transparent, supportive, and inclusive.

    Leaders will highlight opportunities for training, development, and career advancement.

    Communication will reinforce that employee feedback is valued and will influence decisions.

    A consistent message will be delivered across all levels of the organization to avoid confusion.

    The success of a communication plan depends not only on what is said, but also how it is said. In this case, the messaging must address the urgency of the current situation without creating fear or resistance. Employees already feel disconnected, so the tone needs to be supportive and inclusive rather than directive. One important part of the message is explaining how the change will benefit employees, especially in terms of training, career development, and better communication. This directly responds to concerns raised in exit interviews, where employees mentioned lack of growth opportunities and feeling unheard. Another key aspect is consistency. Mixed messages from leadership can create confusion and reduce trust. Therefore, all leaders must communicate the same core message. At the same time, employees should feel that their feedback matters and will be considered in decision-making.

    5

    Defining Performance Expectations During Change

    Errida and Lotfi (2021) asserts that establishing clear expectations is essential during change as it enhances clarity and reduces confusion.

    Employees will be expected to actively engage in new communication and collaboration practices.

    During a change like this, managers must consistently communicate goals, provide feedback, and support employee development (Lewis, 2025).

    Leaders are expected to model transparency and encourage open dialogue across teams.

    Employees should take initiative in learning new tools, processes, and standard operating procedures.

    Cross-functional collaboration between the U.S. branch and Singapore headquarters will be required.

    Clear expectations will reduce confusion and improve accountability during the change process.

    During this transition, expectations need to be very clear so that employees understand what is required of them (Errida & Lotfi, 2021). Employees will be expected to engage more actively, especially when it comes to communication and collaboration. This means participating in meetings, using shared tools, and being open to feedback. Managers have an even greater responsibility. They must communicate expectations clearly, provide regular feedback, and support employees as they adjust (Lewis, 2025). Leadership behavior also needs to shift. Leaders should demonstrate transparency and create an environment where employees feel comfortable speaking up. At the same time, employees should take ownership of their own development by learning new systems and processes. These expectations are important because they create structure and accountability, which are currently lacking and contributing to confusion and disengagement.

    6

    Workforce Development Technique 1 – Leadership Training Programs

    Structured leadership training programs will be introduced to improve management effectiveness.

    Training will focus on communication, emotional intelligence, and delegation skills.

    Leadership gaps such as controlling behavior and poor communication have already been identified.

    Training will help managers align their leadership style with employee needs and organizational goals.

    Improved leadership behavior will directly influence employee engagement and retention.

    This initiative supports long-term development of strong and effective change leaders.

    One of the most important steps in improving engagement is strengthening leadership. Structured leadership training programs will focus on areas that have already been identified as weak, such as communication, emotional intelligence, and delegation. For example, the Vice President acknowledged being overly controlling, while other managers admitted challenges in communication and delegation. These issues affect how employees experience the workplace on a daily basis. When leaders communicate poorly or fail to involve their teams, employees feel disengaged and undervalued. Training helps leaders become more self-aware and more effective in managing people. It also ensures that leadership behavior aligns with the company’s goals and values. Over time, better leadership leads to stronger relationships, improved trust, and higher retention. This is not just about fixing problems, but about building leaders who can support change in the long run.

    7

    Workforce Development Technique 2 – Coaching and Mentoring

    A coaching and mentoring culture will be introduced to support employee development.

    Managers will act as coaches who guide employees rather than simply supervise tasks (Weinberg & Scandura, 2024).

    Employees will receive regular feedback, support, and opportunities for growth.

    Exit interviews show that employees feel unheard and lack career development opportunities.

    Coaching will improve communication, trust, and employee confidence during change (Weinberg & Scandura, 2024).

    This approach will help reduce turnover and increase long-term employee commitment.

    Creating a coaching and mentoring culture is another key step in improving engagement. Instead of only focusing on performance, managers need to focus on developing their employees. This means having regular conversations, offering guidance, and helping employees grow in their roles (Weinberg & Scandura, 2024). Many employees who left the company mentioned feeling unheard or lacking career opportunities. That kind of environment leads to frustration and eventually turnover. Coaching helps address these concerns by building stronger relationships between managers and employees. It also creates a sense of support, especially during times of change when uncertainty is high. Employees are more likely to stay in an organization where they feel valued and supported. Mentoring also allows employees to see a clear path for growth, which directly addresses one of the main reasons people leave the organization.

    8

    Communication Channels and Delivery Strategy

    A multi-channel communication strategy will be used to reach all employees effectively.

    Key channels include team meetings, email updates, and digital collaboration platforms.

    Asynchronous tools will support collaboration across different time zones.

    Regular updates will ensure that employees stay informed throughout the change process.

    Managers will play a central role in delivering and reinforcing key messages.

    Using multiple channels will reduce miscommunication and improve message consistency (Shrivastava et al., 2022).

    Effective communication depends on choosing the right channels, especially in an organization that operates across locations. A combination of communication methods will be used to ensure that messages reach everyone. Team meetings allow for direct interaction and discussion, while email updates provide clear and consistent information that employees can refer back to. Digital collaboration tools are especially important for coordinating work between the U.S. branch and Singapore headquarters. Since teams may not always be working at the same time, asynchronous tools will help maintain progress without delays. Managers play a key role in this process because they are the main point of contact for employees. By using multiple channels and reinforcing messages consistently, the organization can reduce confusion and ensure that employees stay informed and engaged throughout the change process (Shrivastava et al., 2022).

    9

    Communication Timeline

    Communication will begin with an initial announcement explaining the need for change.

    Weekly updates will be provided to keep employees informed of progress and developments.

    Monthly meetings will be held to review progress and address concerns.

    Key milestones will be communicated as changes are implemented across the organization.

    Communication will continue even after implementation to reinforce changes (Shrivastava et al., 2022).

    A structured timeline ensures consistency and prevents information gaps.

    A clear communication timeline is important to make sure employees are not left guessing about what is happening. The process will begin with an initial announcement that explains why change is necessary, using data such as turnover rates and employee feedback. After that, weekly updates will keep employees informed about progress and any new developments. Monthly meetings will provide a space for deeper discussions, where employees can ask questions and raise concerns. As the organization moves through different stages of change, key milestones will also be shared so employees can see progress being made. Communication will not stop once changes are implemented. It will continue to reinforce new behaviors and expectations (Shrivastava et al., 2022). Having a structured timeline helps create consistency, which is something that has been missing and has contributed to confusion in the organization.

    10

    Communication Responsibilities and Leadership Roles

    Every stakeholder must understand their roles to ensure effective communication (Li et al., 2021).

    Senior leadership will communicate the vision, strategy, and urgency for change.

    Managers will be responsible for delivering messages and supporting employees at the team level.

    HR will act as a facilitator, providing tools, training, and guidance for communication.

    Team leaders will reinforce messages and ensure understanding among frontline employees.

    Clear roles and responsibilities will ensure accountability in communication efforts (Li et al., 2021).

    Consistent leadership involvement will strengthen trust and engagement.

    For communication to be effective, everyone involved needs to understand their role (Li et al., 2021). Senior leadership is responsible for setting the direction and explaining why change is necessary. Their role is to communicate the bigger picture and connect the change to the organization’s goals. Managers take that message and bring it to their teams. They are responsible for making sure employees understand what the change means for their daily work. HR plays a different role. Instead of leading the change, HR supports the process by providing training, tools, and guidance to ensure communication is effective. Team leaders also play an important role because they interact directly with frontline employees on a daily basis. When responsibilities are clearly defined, communication becomes more consistent (Li et al., 2021). This consistency helps build trust, which is currently lacking and needs to be strengthened.

    11

    Feedback Loop and Communication Effectiveness

    A feedback loop will be established to monitor the effectiveness of communication.

    Employee surveys and feedback sessions will be used to gather insights.

    Key performance indicators include engagement scores, turnover rates, and employee satisfaction.

    Feedback will be reviewed regularly and used to adjust communication strategies.

    Open communication channels will allow employees to share concerns and suggestions.

    Continuous feedback ensures that communication remains relevant and effective (Khaw et al., 2023).

    Communication should not be one-sided. It is important to create a system where employees can respond and share their thoughts. A feedback loop will help measure how well the communication plan is working. This will include employee surveys, feedback sessions, and informal check-ins. Key indicators such as engagement scores, turnover rates, and employee satisfaction will be used to track progress. If these metrics do not improve, adjustments will need to be made. Feedback should be reviewed regularly so that issues can be addressed quickly instead of being ignored. Employees also need to feel comfortable sharing their opinions, especially since many have previously felt unheard. By keeping communication open and responsive, the organization can improve trust and ensure that the change process stays on track and meets employee needs.

    12

    Conclusion and Expected Outcomes

    The communication plan addresses key challenges such as disengagement, turnover, and poor communication.

    A structured approach will improve clarity, alignment, and employee involvement.

    Workforce development initiatives will strengthen leadership and support employee growth.

    Multi-channel communication will ensure consistent and effective message delivery.

    Feedback mechanisms will allow continuous improvement throughout the change process.

    Successful implementation will lead to higher engagement, lower turnover, and improved performance.

    The communication plan is designed to directly address the major issues facing the U.S. branch, including disengagement, high turnover, and poor communication. By taking a structured approach, the organization can improve clarity and ensure that employees understand both the need for change and their role in it. Workforce development initiatives, such as leadership training and coaching, will help build stronger leaders who can support employees more effectively. Using multiple communication channels ensures that messages are consistent and reach all employees, regardless of their role or location. The inclusion of feedback mechanisms is also important because it allows the organization to adjust and improve over time. If implemented successfully, this plan will lead to higher employee engagement, reduced turnover, and better overall performance.

    13

    References

    Errida, A., & Lotfi, B. (2021). The determinants of organizational change management success: Literature review and case study. International Journal of Engineering Business Management, 13, 18479790211016273.

    Khaw, K. W., Alnoor, A., Al-Abrrow, H., Tiberius, V., Ganesan, Y., & Atshan, N. A. (2023). Reactions towards organizational change: a systematic literature review. Current Psychology, 42(22), 19137-19160.

    Lewis, L. (2025). Organizational change. In Origins, Traditions, and Trends of Organizational Communication (pp. 415-436). Routledge.

    Li, J. Y., Sun, R., Tao, W., & Lee, Y. (2021). Employee coping with organizational change in the face of a pandemic: The role of transparent internal communication. Public relations review, 47(1), 101984.

    Peng, J., Li, M., Wang, Z., & Lin, Y. (2021). Transformational leadership and employees’ reactions to organizational change: Evidence from a meta-analysis. The Journal of applied behavioral science, 57(3), 369-397.

    Shrivastava, S., Pazzaglia, F., Sonpar, K., & McLoughlin, D. (2022). Effective communication during organizational change: a cross-cultural perspective. Cross Cultural & Strategic Management, 29(3), 675-697.

    Weinberg, F. J., & Scandura, T. (2024). Advancing the future of workplace development: integrative approaches to mentoring and coaching. Journal of Managerial Psychology, 39(6), 832-843.

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    2

    Compensation Management HRM 6305 Unit IV Assignment

    Top of Form

    Consider the company that you currently work for or one for which you have been employed previously. Describe the pay structure of the company and discuss whether you feel it is/was fair to the employees. What, if anything, could be or could have been improved about the pay structure? What could be the potential impact of training and development on compensation?

    Your assignment should be a minimum of 500 words with at least one supporting reference.

    **## UnitIVStudyGuide.pdf**

    HRM 6305, Compensation Management 1

    Course Learning Outcomes for Unit IV

    Upon completion of this unit, students should be able to:

    4. Propose a compensation survey related to a compensation plan.
    4.1 Explain the purpose of a compensation survey.
    4.2 Discuss the role of a compensation survey when determining an organization’s compensation

    plan.

    Required Unit Resources

    Chapter 7: Building Market-Competitive Compensation Systems

    Chapter 8: Building Pay Structures That Recognize Employee Contributions

    Unit Lesson

    In this unit, we move into the area of competitive compensation systems and recognizing employee
    contributions. Organizations must be able to offer competitive compensation and benefits in order to attract
    and retain high-potential employees. High-potential employees are necessary for an organization to compete
    in the global market.

    Compensation Surveys

    There are two broad categories for employee compensation: direct and indirect. Together, they make up a
    total remuneration package. Direct compensation plans are comprised of both salary payments and health
    and welfare benefits. To be competitive in today’s marketplace, it is necessary to develop pay systems that
    attract and retain qualified employees. When reviewing a compensation program for competiveness, it is
    good to consider reviewing a compensation survey.

    As with all analyses, it is important to start with a strategic analysis. Not only are the organization’s policies,
    plans, and compensation programs under review but so are the same policies, plans, and programs of the
    industry and local competitors. One way to get data on the competition is through a compensation survey.

    The purpose of a compensation survey as it relates to an organization’s compensation plan is to align the
    organization’s salaries with either published benchmarks for those positions that are translatable from one
    organization to the next or to capture the pay scales unique to that particular industry, keeping in mind that
    industry standards vary greatly. Compensation surveys help the employer avoid pay-mitigated turnover and
    the loss of trained staff to competitors.

    Several organizations provide compensation surveys, typically at a cost. Some organizations will also
    provide a free copy of the compensation survey to those organizations that participate in providing
    compensation data. Normally, this data is updated annually.

    It is important to remember the business strategy when reviewing compensation surveys in order to develop
    a compensation program. For example, an organization that has decided to develop a market leader
    business strategy will want to consider paying in the higher ranges in order to attract the best talent. An
    organization that has developed a market match business strategy will want to consider paying at the market
    or industry average.

    Another part of the total compensation package is deciding on the appropriate combination of core

    UNIT IV STUDY GUIDE
    Compensation Systems

    HRM 6305, Compensation Management 2

    UNIT x STUDY GUIDE
    Title

    compensation (i.e., the company-provided benefits and incentives). Again the compensation surveys can
    provide valuable information as to what the competition is providing.

    Compensation Surveys and Plans for Multinational Corporations

    Given the explosive growth of organizations expanding and becoming multinational corporations, the topic of
    compensation becomes problematic. For those organizations that must take into consideration expatriate
    benefits, the organizations face a number of issues, which include pension, health care, social security, profit
    sharing, stock option plans, life insurance, and security. Although there are some surveys available for
    expatriate compensation, care must be taken when analyzing the data.

    Even compensation surveys as they relate to compensation plans have to be adjusted in order to compare
    like items. For example, organizations have to determine whether to maintain expatriates in their home
    country’s program(s) or whether to enroll their expatriates in the host country’s benefit program(s). The most
    important advice when it comes to expatriate compensation surveys is to keep the expatriate happy. Many
    expatriate assignments fail due to financial dissatisfaction. More about expatriate compensation will be
    discussed in a future unit.

    As with all surveys, one must be mindful that the data provides guidelines with which to review current
    programs and make adjustments. Participants in surveys have unique challenges that can be learned from
    and built upon, but each organization should develop a compensation program that meets the organization's
    goals and objectives.

    Pay Structures

    Creating a pay structure for an organization typically involves the number of pay structures, market pay lines,
    pay grades, pay ranges, and results evaluation. Normally, an organization has more than one pay structure
    because the organization employs exempt and non-exempt employees. Of course, there are other structures
    for different job families or geographic regions as well. The organizational structure will often determine the
    pay structure. The market pay line, as mentioned before, is typically associated with the organization's
    business strategy.

    Pay grades are levels on the pay scale and are often grouped according to pay ranges. For example, a pay
    grade for a Technician I position may have a pay range of $25,000 to $27,500 depending on factors such as
    training, experience, and time on the job.

    After an organization develops a pay structure, it is best to compare it to the market or industry standards,
    taking into consideration the organization’s business strategy.

    When creating a pay structure, one should consider adding incentives to increase motivation and productivity
    within an organization. Merit pay is one way to increase motivation within an organization. However, care
    must be taken to develop merit increases that are meaningful and appropriately timed in order for them to
    be effective.

    Organizations that have a sales force have a variety of options when developing pay structures including a
    salary, commission, bonus, or a mixture of the options. Sales pay structures are usually related to the
    business strategy and the competitive market.

    Another form of incentive pay is the person-focused pay. In this type of pay system, the employee is able to
    increase his or her pay based on the attainment of job-related skills. The organization needs a way to assess
    the skills and would then increase pay according to specific skills. For this type of pay structure to be
    effective, it is important for the organization to develop an ongoing training program or method to make
    training available to the employees.

    Two other pay structure considerations are broadbanding and the two-tier approach. Under broadbanding,
    pay bands are created that involve more jobs and skills. The two-tier approach is a system that
    accommodates the newly hired employees as well as the long-term employees. Newly hired employees are
    often paid less than the current employees, which can be considered a cost saving measure in union

    HRM 6305, Compensation Management 3

    UNIT x STUDY GUIDE
    Title

    environments when it comes to collective bargaining. Rather than implement layoffs, newly hired employees
    are hired at a lower pay rate than the current employees.

    Of course, all compensation systems must be developed within a compensation budget and should be
    evaluated annually. Developing a compensation program is a complex task for an organization to undertake,
    and it is usually assigned to compensation specialists.

    In the next unit, we will look further into employee benefits, specifically addressing discretionary and
    mandatory benefits.

    Learning Activities (Nongraded)

    Nongraded Learning Activities are provided to aid students in their course of study. You do not have to
    submit them. If you have questions, contact your instructor for further guidance and information.

    Each chapter of your textbook contains a case study related to the main theory or concept within the chapter.
    Review the case studies to gain a better understanding of the course materials as they relate to
    compensation considerations. Feel free to discuss the chapter case studies with your classmates in the
    Student Break Room forum.

    **## UnitIVStudyGuide.pdf**

    HRM 6305, Compensation Management 1

    Course Learning Outcomes for Unit IV

    Upon completion of this unit, students should be able to:

    4. Propose a compensation survey related to a compensation plan.
    4.1 Explain the purpose of a compensation survey.
    4.2 Discuss the role of a compensation survey when determining an organization’s compensation

    plan.

    Required Unit Resources

    Chapter 7: Building Market-Competitive Compensation Systems

    Chapter 8: Building Pay Structures That Recognize Employee Contributions

    Unit Lesson

    In this unit, we move into the area of competitive compensation systems and recognizing employee
    contributions. Organizations must be able to offer competitive compensation and benefits in order to attract
    and retain high-potential employees. High-potential employees are necessary for an organization to compete
    in the global market.

    Compensation Surveys

    There are two broad categories for employee compensation: direct and indirect. Together, they make up a
    total remuneration package. Direct compensation plans are comprised of both salary payments and health
    and welfare benefits. To be competitive in today’s marketplace, it is necessary to develop pay systems that
    attract and retain qualified employees. When reviewing a compensation program for competiveness, it is
    good to consider reviewing a compensation survey.

    As with all analyses, it is important to start with a strategic analysis. Not only are the organization’s policies,
    plans, and compensation programs under review but so are the same policies, plans, and programs of the
    industry and local competitors. One way to get data on the competition is through a compensation survey.

    The purpose of a compensation survey as it relates to an organization’s compensation plan is to align the
    organization’s salaries with either published benchmarks for those positions that are translatable from one
    organization to the next or to capture the pay scales unique to that particular industry, keeping in mind that
    industry standards vary greatly. Compensation surveys help the employer avoid pay-mitigated turnover and
    the loss of trained staff to competitors.

    Several organizations provide compensation surveys, typically at a cost. Some organizations will also
    provide a free copy of the compensation survey to those organizations that participate in providing
    compensation data. Normally, this data is updated annually.

    It is important to remember the business strategy when reviewing compensation surveys in order to develop
    a compensation program. For example, an organization that has decided to develop a market leader
    business strategy will want to consider paying in the higher ranges in order to attract the best talent. An
    organization that has developed a market match business strategy will want to consider paying at the market
    or industry average.

    Another part of the total compensation package is deciding on the appropriate combination of core

    UNIT IV STUDY GUIDE
    Compensation Systems

    HRM 6305, Compensation Management 2

    UNIT x STUDY GUIDE
    Title

    compensation (i.e., the company-provided benefits and incentives). Again the compensation surveys can
    provide valuable information as to what the competition is providing.

    Compensation Surveys and Plans for Multinational Corporations

    Given the explosive growth of organizations expanding and becoming multinational corporations, the topic of
    compensation becomes problematic. For those organizations that must take into consideration expatriate
    benefits, the organizations face a number of issues, which include pension, health care, social security, profit
    sharing, stock option plans, life insurance, and security. Although there are some surveys available for
    expatriate compensation, care must be taken when analyzing the data.

    Even compensation surveys as they relate to compensation plans have to be adjusted in order to compare
    like items. For example, organizations have to determine whether to maintain expatriates in their home
    country’s program(s) or whether to enroll their expatriates in the host country’s benefit program(s). The most
    important advice when it comes to expatriate compensation surveys is to keep the expatriate happy. Many
    expatriate assignments fail due to financial dissatisfaction. More about expatriate compensation will be
    discussed in a future unit.

    As with all surveys, one must be mindful that the data provides guidelines with which to review current
    programs and make adjustments. Participants in surveys have unique challenges that can be learned from
    and built upon, but each organization should develop a compensation program that meets the organization's
    goals and objectives.

    Pay Structures

    Creating a pay structure for an organization typically involves the number of pay structures, market pay lines,
    pay grades, pay ranges, and results evaluation. Normally, an organization has more than one pay structure
    because the organization employs exempt and non-exempt employees. Of course, there are other structures
    for different job families or geographic regions as well. The organizational structure will often determine the
    pay structure. The market pay line, as mentioned before, is typically associated with the organization's
    business strategy.

    Pay grades are levels on the pay scale and are often grouped according to pay ranges. For example, a pay
    grade for a Technician I position may have a pay range of $25,000 to $27,500 depending on factors such as
    training, experience, and time on the job.

    After an organization develops a pay structure, it is best to compare it to the market or industry standards,
    taking into consideration the organization’s business strategy.

    When creating a pay structure, one should consider adding incentives to increase motivation and productivity
    within an organization. Merit pay is one way to increase motivation within an organization. However, care
    must be taken to develop merit increases that are meaningful and appropriately timed in order for them to
    be effective.

    Organizations that have a sales force have a variety of options when developing pay structures including a
    salary, commission, bonus, or a mixture of the options. Sales pay structures are usually related to the
    business strategy and the competitive market.

    Another form of incentive pay is the person-focused pay. In this type of pay system, the employee is able to
    increase his or her pay based on the attainment of job-related skills. The organization needs a way to assess
    the skills and would then increase pay according to specific skills. For this type of pay structure to be
    effective, it is important for the organization to develop an ongoing training program or method to make
    training available to the employees.

    Two other pay structure considerations are broadbanding and the two-tier approach. Under broadbanding,
    pay bands are created that involve more jobs and skills. The two-tier approach is a system that
    accommodates the newly hired employees as well as the long-term employees. Newly hired employees are
    often paid less than the current employees, which can be considered a cost saving measure in union

    HRM 6305, Compensation Management 3

    UNIT x STUDY GUIDE
    Title

    environments when it comes to collective bargaining. Rather than implement layoffs, newly hired employees
    are hired at a lower pay rate than the current employees.

    Of course, all compensation systems must be developed within a compensation budget and should be
    evaluated annually. Developing a compensation program is a complex task for an organization to undertake,
    and it is usually assigned to compensation specialists.

    In the next unit, we will look further into employee benefits, specifically addressing discretionary and
    mandatory benefits.

    Learning Activities (Nongraded)

    Nongraded Learning Activities are provided to aid students in their course of study. You do not have to
    submit them. If you have questions, contact your instructor for further guidance and information.

    Each chapter of your textbook contains a case study related to the main theory or concept within the chapter.
    Review the case studies to gain a better understanding of the course materials as they relate to
    compensation considerations. Feel free to discuss the chapter case studies with your classmates in the
    Student Break Room forum.

    **## CompensationManagmentHRM6305UnitIVAssignment.docx**

    2

    Compensation Management HRM 6305 Unit IV Assignment

    Top of Form

    Consider the company that you currently work for or one for which you have been employed previously. Describe the pay structure of the company and discuss whether you feel it is/was fair to the employees. What, if anything, could be or could have been improved about the pay structure? What could be the potential impact of training and development on compensation?

    Your assignment should be a minimum of 500 words with at least one supporting reference.

    **## UnitIVStudyGuide.pdf**

    HRM 6305, Compensation Management 1

    Course Learning Outcomes for Unit IV

    Upon completion of this unit, students should be able to:

    4. Propose a compensation survey related to a compensation plan.
    4.1 Explain the purpose of a compensation survey.
    4.2 Discuss the role of a compensation survey when determining an organization’s compensation

    plan.

    Required Unit Resources

    Chapter 7: Building Market-Competitive Compensation Systems

    Chapter 8: Building Pay Structures That Recognize Employee Contributions

    Unit Lesson

    In this unit, we move into the area of competitive compensation systems and recognizing employee
    contributions. Organizations must be able to offer competitive compensation and benefits in order to attract
    and retain high-potential employees. High-potential employees are necessary for an organization to compete
    in the global market.

    Compensation Surveys

    There are two broad categories for employee compensation: direct and indirect. Together, they make up a
    total remuneration package. Direct compensation plans are comprised of both salary payments and health
    and welfare benefits. To be competitive in today’s marketplace, it is necessary to develop pay systems that
    attract and retain qualified employees. When reviewing a compensation program for competiveness, it is
    good to consider reviewing a compensation survey.

    As with all analyses, it is important to start with a strategic analysis. Not only are the organization’s policies,
    plans, and compensation programs under review but so are the same policies, plans, and programs of the
    industry and local competitors. One way to get data on the competition is through a compensation survey.

    The purpose of a compensation survey as it relates to an organization’s compensation plan is to align the
    organization’s salaries with either published benchmarks for those positions that are translatable from one
    organization to the next or to capture the pay scales unique to that particular industry, keeping in mind that
    industry standards vary greatly. Compensation surveys help the employer avoid pay-mitigated turnover and
    the loss of trained staff to competitors.

    Several organizations provide compensation surveys, typically at a cost. Some organizations will also
    provide a free copy of the compensation survey to those organizations that participate in providing
    compensation data. Normally, this data is updated annually.

    It is important to remember the business strategy when reviewing compensation surveys in order to develop
    a compensation program. For example, an organization that has decided to develop a market leader
    business strategy will want to consider paying in the higher ranges in order to attract the best talent. An
    organization that has developed a market match business strategy will want to consider paying at the market
    or industry average.

    Another part of the total compensation package is deciding on the appropriate combination of core

    UNIT IV STUDY GUIDE
    Compensation Systems

    HRM 6305, Compensation Management 2

    UNIT x STUDY GUIDE
    Title

    compensation (i.e., the company-provided benefits and incentives). Again the compensation surveys can
    provide valuable information as to what the competition is providing.

    Compensation Surveys and Plans for Multinational Corporations

    Given the explosive growth of organizations expanding and becoming multinational corporations, the topic of
    compensation becomes problematic. For those organizations that must take into consideration expatriate
    benefits, the organizations face a number of issues, which include pension, health care, social security, profit
    sharing, stock option plans, life insurance, and security. Although there are some surveys available for
    expatriate compensation, care must be taken when analyzing the data.

    Even compensation surveys as they relate to compensation plans have to be adjusted in order to compare
    like items. For example, organizations have to determine whether to maintain expatriates in their home
    country’s program(s) or whether to enroll their expatriates in the host country’s benefit program(s). The most
    important advice when it comes to expatriate compensation surveys is to keep the expatriate happy. Many
    expatriate assignments fail due to financial dissatisfaction. More about expatriate compensation will be
    discussed in a future unit.

    As with all surveys, one must be mindful that the data provides guidelines with which to review current
    programs and make adjustments. Participants in surveys have unique challenges that can be learned from
    and built upon, but each organization should develop a compensation program that meets the organization's
    goals and objectives.

    Pay Structures

    Creating a pay structure for an organization typically involves the number of pay structures, market pay lines,
    pay grades, pay ranges, and results evaluation. Normally, an organization has more than one pay structure
    because the organization employs exempt and non-exempt employees. Of course, there are other structures
    for different job families or geographic regions as well. The organizational structure will often determine the
    pay structure. The market pay line, as mentioned before, is typically associated with the organization's
    business strategy.

    Pay grades are levels on the pay scale and are often grouped according to pay ranges. For example, a pay
    grade for a Technician I position may have a pay range of $25,000 to $27,500 depending on factors such as
    training, experience, and time on the job.

    After an organization develops a pay structure, it is best to compare it to the market or industry standards,
    taking into consideration the organization’s business strategy.

    When creating a pay structure, one should consider adding incentives to increase motivation and productivity
    within an organization. Merit pay is one way to increase motivation within an organization. However, care
    must be taken to develop merit increases that are meaningful and appropriately timed in order for them to
    be effective.

    Organizations that have a sales force have a variety of options when developing pay structures including a
    salary, commission, bonus, or a mixture of the options. Sales pay structures are usually related to the
    business strategy and the competitive market.

    Another form of incentive pay is the person-focused pay. In this type of pay system, the employee is able to
    increase his or her pay based on the attainment of job-related skills. The organization needs a way to assess
    the skills and would then increase pay according to specific skills. For this type of pay structure to be
    effective, it is important for the organization to develop an ongoing training program or method to make
    training available to the employees.

    Two other pay structure considerations are broadbanding and the two-tier approach. Under broadbanding,
    pay bands are created that involve more jobs and skills. The two-tier approach is a system that
    accommodates the newly hired employees as well as the long-term employees. Newly hired employees are
    often paid less than the current employees, which can be considered a cost saving measure in union

    HRM 6305, Compensation Management 3

    UNIT x STUDY GUIDE
    Title

    environments when it comes to collective bargaining. Rather than implement layoffs, newly hired employees
    are hired at a lower pay rate than the current employees.

    Of course, all compensation systems must be developed within a compensation budget and should be
    evaluated annually. Developing a compensation program is a complex task for an organization to undertake,
    and it is usually assigned to compensation specialists.

    In the next unit, we will look further into employee benefits, specifically addressing discretionary and
    mandatory benefits.

    Learning Activities (Nongraded)

    Nongraded Learning Activities are provided to aid students in their course of study. You do not have to
    submit them. If you have questions, contact your instructor for further guidance and information.

    Each chapter of your textbook contains a case study related to the main theory or concept within the chapter.
    Review the case studies to gain a better understanding of the course materials as they relate to
    compensation considerations. Feel free to discuss the chapter case studies with your classmates in the
    Student Break Room forum.

    **## CompensationManagmentHRM6305UnitIVAssignment.docx**

    2

    Compensation Management HRM 6305 Unit IV Assignment

    Top of Form

    Consider the company that you currently work for or one for which you have been employed previously. Describe the pay structure of the company and discuss whether you feel it is/was fair to the employees. What, if anything, could be or could have been improved about the pay structure? What could be the potential impact of training and development on compensation?

    Your assignment should be a minimum of 500 words with at least one supporting reference.

    **## UnitIVStudyGuide.pdf**

    HRM 6305, Compensation Management 1

    Course Learning Outcomes for Unit IV

    Upon completion of this unit, students should be able to:

    4. Propose a compensation survey related to a compensation plan.
    4.1 Explain the purpose of a compensation survey.
    4.2 Discuss the role of a compensation survey when determining an organization’s compensation

    plan.

    Required Unit Resources

    Chapter 7: Building Market-Competitive Compensation Systems

    Chapter 8: Building Pay Structures That Recognize Employee Contributions

    Unit Lesson

    In this unit, we move into the area of competitive compensation systems and recognizing employee
    contributions. Organizations must be able to offer competitive compensation and benefits in order to attract
    and retain high-potential employees. High-potential employees are necessary for an organization to compete
    in the global market.

    Compensation Surveys

    There are two broad categories for employee compensation: direct and indirect. Together, they make up a
    total remuneration package. Direct compensation plans are comprised of both salary payments and health
    and welfare benefits. To be competitive in today’s marketplace, it is necessary to develop pay systems that
    attract and retain qualified employees. When reviewing a compensation program for competiveness, it is
    good to consider reviewing a compensation survey.

    As with all analyses, it is important to start with a strategic analysis. Not only are the organization’s policies,
    plans, and compensation programs under review but so are the same policies, plans, and programs of the
    industry and local competitors. One way to get data on the competition is through a compensation survey.

    The purpose of a compensation survey as it relates to an organization’s compensation plan is to align the
    organization’s salaries with either published benchmarks for those positions that are translatable from one
    organization to the next or to capture the pay scales unique to that particular industry, keeping in mind that
    industry standards vary greatly. Compensation surveys help the employer avoid pay-mitigated turnover and
    the loss of trained staff to competitors.

    Several organizations provide compensation surveys, typically at a cost. Some organizations will also
    provide a free copy of the compensation survey to those organizations that participate in providing
    compensation data. Normally, this data is updated annually.

    It is important to remember the business strategy when reviewing compensation surveys in order to develop
    a compensation program. For example, an organization that has decided to develop a market leader
    business strategy will want to consider paying in the higher ranges in order to attract the best talent. An
    organization that has developed a market match business strategy will want to consider paying at the market
    or industry average.

    Another part of the total compensation package is deciding on the appropriate combination of core

    UNIT IV STUDY GUIDE
    Compensation Systems

    HRM 6305, Compensation Management 2

    UNIT x STUDY GUIDE
    Title

    compensation (i.e., the company-provided benefits and incentives). Again the compensation surveys can
    provide valuable information as to what the competition is providing.

    Compensation Surveys and Plans for Multinational Corporations

    Given the explosive growth of organizations expanding and becoming multinational corporations, the topic of
    compensation becomes problematic. For those organizations that must take into consideration expatriate
    benefits, the organizations face a number of issues, which include pension, health care, social security, profit
    sharing, stock option plans, life insurance, and security. Although there are some surveys available for
    expatriate compensation, care must be taken when analyzing the data.

    Even compensation surveys as they relate to compensation plans have to be adjusted in order to compare
    like items. For example, organizations have to determine whether to maintain expatriates in their home
    country’s program(s) or whether to enroll their expatriates in the host country’s benefit program(s). The most
    important advice when it comes to expatriate compensation surveys is to keep the expatriate happy. Many
    expatriate assignments fail due to financial dissatisfaction. More about expatriate compensation will be
    discussed in a future unit.

    As with all surveys, one must be mindful that the data provides guidelines with which to review current
    programs and make adjustments. Participants in surveys have unique challenges that can be learned from
    and built upon, but each organization should develop a compensation program that meets the organization's
    goals and objectives.

    Pay Structures

    Creating a pay structure for an organization typically involves the number of pay structures, market pay lines,
    pay grades, pay ranges, and results evaluation. Normally, an organization has more than one pay structure
    because the organization employs exempt and non-exempt employees. Of course, there are other structures
    for different job families or geographic regions as well. The organizational structure will often determine the
    pay structure. The market pay line, as mentioned before, is typically associated with the organization's
    business strategy.

    Pay grades are levels on the pay scale and are often grouped according to pay ranges. For example, a pay
    grade for a Technician I position may have a pay range of $25,000 to $27,500 depending on factors such as
    training, experience, and time on the job.

    After an organization develops a pay structure, it is best to compare it to the market or industry standards,
    taking into consideration the organization’s business strategy.

    When creating a pay structure, one should consider adding incentives to increase motivation and productivity
    within an organization. Merit pay is one way to increase motivation within an organization. However, care
    must be taken to develop merit increases that are meaningful and appropriately timed in order for them to
    be effective.

    Organizations that have a sales force have a variety of options when developing pay structures including a
    salary, commission, bonus, or a mixture of the options. Sales pay structures are usually related to the
    business strategy and the competitive market.

    Another form of incentive pay is the person-focused pay. In this type of pay system, the employee is able to
    increase his or her pay based on the attainment of job-related skills. The organization needs a way to assess
    the skills and would then increase pay according to specific skills. For this type of pay structure to be
    effective, it is important for the organization to develop an ongoing training program or method to make
    training available to the employees.

    Two other pay structure considerations are broadbanding and the two-tier approach. Under broadbanding,
    pay bands are created that involve more jobs and skills. The two-tier approach is a system that
    accommodates the newly hired employees as well as the long-term employees. Newly hired employees are
    often paid less than the current employees, which can be considered a cost saving measure in union

    HRM 6305, Compensation Management 3

    UNIT x STUDY GUIDE
    Title

    environments when it comes to collective bargaining. Rather than implement layoffs, newly hired employees
    are hired at a lower pay rate than the current employees.

    Of course, all compensation systems must be developed within a compensation budget and should be
    evaluated annually. Developing a compensation program is a complex task for an organization to undertake,
    and it is usually assigned to compensation specialists.

    In the next unit, we will look further into employee benefits, specifically addressing discretionary and
    mandatory benefits.

    Learning Activities (Nongraded)

    Nongraded Learning Activities are provided to aid students in their course of study. You do not have to
    submit them. If you have questions, contact your instructor for further guidance and information.

    Each chapter of your textbook contains a case study related to the main theory or concept within the chapter.
    Review the case studies to gain a better understanding of the course materials as they relate to
    compensation considerations. Feel free to discuss the chapter case studies with your classmates in the
    Student Break Room forum.

  • [Solved] Excel Spreadsheet

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    [>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting)

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    **files (2)**

    – ## Week2HandsOn02Instructions.doc

    – Week2HandsOn01Instructions.doc

    **## Week2HandsOn02Instructions.doc**

    Week 2 – Hands On 02

    Instructions

    **Use absolute and mixed cell references in a formula**

    1. In the Manola Department Stores Expense Chart Sheet, enter the data “Bonus + Salary” in the row below “Total Expenses”. Enter the formula for the first column, then copy and paste the formula into the other columns. Notice that the formula does not adjust to the column.  Update the formula so it is using the correct column.

    2. Use the absolute cell reference to calculate the sum of the two expenses for each month.

    3. In the same spreadsheet, enter the data “Site Rental + Marketing” in the row below the “Bonus + Salary” row.

    4. Use the mixed cell reference to calculate the sum of the two expenses for each month. Use the absolute column and relative row as the mixed cell reference. Enter the formula for the first column, then copy and paste the formula into the other columns.  Notice that the formula adjust to the column while keeping the rows the same.

    5. Use the “ctrl” + “`” to view the formulas in the spreadsheet.

    6. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Using the IF function**

    1. Click the cell to contain under the first column of the Gross Margin (B7). Click the Insert Function button in the formula bar to display the Insert Function dialog box.

    2. Click the “Or select a category” arrow and then select Logical in the list to populate the “Select a function list” with logic functions.

    3. Click IF in the “Select a function” list to select the required function.

    4. Click the OK button to display the Function Arguments dialog box.

    5. Enter the logical test in the Logical test box to enter a logical test for the IF function. The logical test to enter is “B7>100000”.

    6. Type the result of the IF function if the logical test is true in the Value if true box. The value to enter is “Over Budget”.

    7. Type the result of the IF function if the logical test is false in the Value if false box. The value to enter is “Under Budget”.

    8. Click the OK button to insert the IF function in the selected cell.

    9. Copy and paste this function for all the other columns.

    10. Use the “ctrl” + “`” to view the formulas in the spreadsheet.‘

    11. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Uploading completed worksheet**

    12. Save the workbook to your local drive.

    **Part 5:**

    **Course Objectives:**

    · CO4: Apply and manage advanced data visualization and analysis tools, such as sparklines, charts, conditional logic with the IF function, and various worksheet views and layout options for streamlined presentation and printing.

    **Estimated time to Complete:**  30 minutes

    **Description:**

    Students will learn to:

    · Create sparkline charts.

    · Using the format painter button to format cells.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Create and format sparkline charts**

    1. In the Manola Department Store spreadsheet, select the cell below the calculations where you want to insert a sparkline chart​.

    2. Display the Insert tab and then click the Line button to display the Create Sparklines dialog box​.

    3. Drag through the Revenue range of cells from January through June, and then lift your finger or release the mouse button to insert the selected range in the Data Range box​. The Data Range will be displayed in the Create Sparkline dialog box.

    4. Click the OK button to insert a line sparkline chart in the selected cell and display the Sparkline tab.

    **Formatting Sparkline Chart​s**

    1. Click the More button on the Sparkline tab to display the Sparkline Style gallery​.

    2. Click a desired style in the Sparkline Style gallery to apply the style to the sparkline chart in the selected cell​.

    3. Point to the fill handle in the cell and then drag through the desired range to copy the line sparkline chart.

    **Changing the Sparkline Type​**

    1. Select the range of the sparkline charts and, if necessary, click the Sparkline tab to make it the active tab​.

    2. Click the Column button to change the sparkline charts in the selected range to the column type.

    3. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Formatting the Worksheet – Assign Formats to Nonadjacent Ranges** ​

    1. Select the first cell to the right of the Total Revenue.​

    2. While holding down the CTRL key, select the nonadjacent ranges and then release the CTRL key to select nonadjacent ranges​.

    3. Click the Number group on the Home tab to display the Format Cells dialog box​. Select the Currency format. Then click the OK button.

    4. Select a cell and click Fill Color button on the Home tab select a fill color for the non-adjacent cells.

    5. Click the Font Color button on the Home tab and select a font to apply to the non-adjacent cells.

    6. Now enter data into these non-adjacent cells. Notice that the font selected are used for the data in these cells.

    7. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Formatting the Worksheet – Using the Format Paint** ​

    1. Double-click the Format Painter button on the Home tab and then move the pointer onto the worksheet to cause the pointer to change to a block plus sign with a paintbrush​.

    2. Click the cell(s) to receive the format to assign the format of the source cell to the destination cell(s)​.

    3. Click the Format Painter button or press the ESC key to stop the format painter.

    **Uploading completed worksheet**

    4. Save the workbook to your local drive.

    **Part 6:**

    **Course Objectives:**

    · CO4: Apply and manage advanced data visualization and analysis tools, such as sparklines, charts, conditional logic with the IF function, and various worksheet views and layout options for streamlined presentation and printing.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Student will learn to:

    · Create sparkline charts.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Deliverable:**

    After completing the assignment, upload the spreadsheet for Manola Department Stores to Canvas.

    **Setup:**

    · Access to Microsoft Excel.

    **Lab Steps:**

    **Adding a Clustered Column Chart to the Workbook**

    1. Select the cell range containing the revenue for January through June.

    2. Click the Recommended Charts button on the Insert tab to display the Insert Chart dialog box with the Recommended Charts tab active​.

    3. Select the Bar Chart and then click the OK button​.

    4. When Excel draws the chart, click the Move Chart button on the Chart Design tab to display the Move Chart dialog box​.

    5. Click New sheet and then enter the name “Revenue” in the New sheet text box to enter a sheet tab name for the chart sheet​.

    6. Click the OK button to move the chart to a new chart sheet with a new sheet tab name “Revenue”.

    **Insert a Chart Title**

    1. Click anywhere in the chart title placeholder to select it​.

    2. Select the text in the chart title placeholder and then type a new chart title “Manola Department Stores Revenue”.

    **Adding Data Labels​**

    1. Click the Chart Elements button to display the Chart Elements gallery​.

    2. Point to Data Labels to display an arrow and then click the arrow to display the Data Labels fly-out menu​.

    3. Select the “Outside End” from the Data Labels fly-out menu so that data labels are displayed on the outside of the bar chart.

    4. Click the Chart Elements button to close the gallery

    **Adding an Axis Title to the Chart​**

    1. Click anywhere in the chart area outside the chart to select the chart, and then click the Chart Elements button to display the Chart Elements gallery​.

    2. Point to Axis Titles to display an arrow and then click the arrow to display the Axis Titles fly-out menu​.

    3. Click an axis on the Axis Titles fly-out menu to add an axis title, and then click the Chart Elements button to remove the Chart Elements gallery​.

    4. Select the placeholder text in the axis title and replace it with the desired text​. On the vertical axis, enter the text “Revenue”. On the horizontal axis, enter the text “Months”.

    5. Right-click the axis title to display a shortcut menu, and then click “Format Axis Title” on the shortcut menu to open the Format Axis Title pane​.

    6. Click the Title Options tab, click the “Size & Properties” button, and then, if necessary, click the Alignment arrow to expand the Alignment section​

    **Modify the Chart Data Labels​**

    1. Select the Data Labels for the columns. The Format Data Labels fly out menu appears on the right.

    2. Click the Number arrow to expand the Number section and then scroll to display options related to formatting numbers​.

    3. Change the number to Currency and select zero decimal places. The data labels should have the decimal places removed.

    4. Close the Format Data Labels fly out menu.

    5. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Uploading completed worksheet**

    6. Save the workbook to your local drive.

    **Week2HandsOn01Instructions.doc**

    This file is too large to display. [View in new window](https://www.sweetstudy.com/files/week2handson01instructions-doc)

    **Week2HandsOn01Instructions.doc**

    This file is too large to display. [View in new window](https://www.sweetstudy.com/files/week2handson01instructions-doc)

    **## Week2HandsOn02Instructions.doc**

    Week 2 – Hands On 02

    Instructions

    **Use absolute and mixed cell references in a formula**

    1. In the Manola Department Stores Expense Chart Sheet, enter the data “Bonus + Salary” in the row below “Total Expenses”. Enter the formula for the first column, then copy and paste the formula into the other columns. Notice that the formula does not adjust to the column.  Update the formula so it is using the correct column.

    2. Use the absolute cell reference to calculate the sum of the two expenses for each month.

    3. In the same spreadsheet, enter the data “Site Rental + Marketing” in the row below the “Bonus + Salary” row.

    4. Use the mixed cell reference to calculate the sum of the two expenses for each month. Use the absolute column and relative row as the mixed cell reference. Enter the formula for the first column, then copy and paste the formula into the other columns.  Notice that the formula adjust to the column while keeping the rows the same.

    5. Use the “ctrl” + “`” to view the formulas in the spreadsheet.

    6. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Using the IF function**

    1. Click the cell to contain under the first column of the Gross Margin (B7). Click the Insert Function button in the formula bar to display the Insert Function dialog box.

    2. Click the “Or select a category” arrow and then select Logical in the list to populate the “Select a function list” with logic functions.

    3. Click IF in the “Select a function” list to select the required function.

    4. Click the OK button to display the Function Arguments dialog box.

    5. Enter the logical test in the Logical test box to enter a logical test for the IF function. The logical test to enter is “B7>100000”.

    6. Type the result of the IF function if the logical test is true in the Value if true box. The value to enter is “Over Budget”.

    7. Type the result of the IF function if the logical test is false in the Value if false box. The value to enter is “Under Budget”.

    8. Click the OK button to insert the IF function in the selected cell.

    9. Copy and paste this function for all the other columns.

    10. Use the “ctrl” + “`” to view the formulas in the spreadsheet.‘

    11. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Uploading completed worksheet**

    12. Save the workbook to your local drive.

    **Part 5:**

    **Course Objectives:**

    · CO4: Apply and manage advanced data visualization and analysis tools, such as sparklines, charts, conditional logic with the IF function, and various worksheet views and layout options for streamlined presentation and printing.

    **Estimated time to Complete:**  30 minutes

    **Description:**

    Students will learn to:

    · Create sparkline charts.

    · Using the format painter button to format cells.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Create and format sparkline charts**

    1. In the Manola Department Store spreadsheet, select the cell below the calculations where you want to insert a sparkline chart​.

    2. Display the Insert tab and then click the Line button to display the Create Sparklines dialog box​.

    3. Drag through the Revenue range of cells from January through June, and then lift your finger or release the mouse button to insert the selected range in the Data Range box​. The Data Range will be displayed in the Create Sparkline dialog box.

    4. Click the OK button to insert a line sparkline chart in the selected cell and display the Sparkline tab.

    **Formatting Sparkline Chart​s**

    1. Click the More button on the Sparkline tab to display the Sparkline Style gallery​.

    2. Click a desired style in the Sparkline Style gallery to apply the style to the sparkline chart in the selected cell​.

    3. Point to the fill handle in the cell and then drag through the desired range to copy the line sparkline chart.

    **Changing the Sparkline Type​**

    1. Select the range of the sparkline charts and, if necessary, click the Sparkline tab to make it the active tab​.

    2. Click the Column button to change the sparkline charts in the selected range to the column type.

    3. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Formatting the Worksheet – Assign Formats to Nonadjacent Ranges** ​

    1. Select the first cell to the right of the Total Revenue.​

    2. While holding down the CTRL key, select the nonadjacent ranges and then release the CTRL key to select nonadjacent ranges​.

    3. Click the Number group on the Home tab to display the Format Cells dialog box​. Select the Currency format. Then click the OK button.

    4. Select a cell and click Fill Color button on the Home tab select a fill color for the non-adjacent cells.

    5. Click the Font Color button on the Home tab and select a font to apply to the non-adjacent cells.

    6. Now enter data into these non-adjacent cells. Notice that the font selected are used for the data in these cells.

    7. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Formatting the Worksheet – Using the Format Paint** ​

    1. Double-click the Format Painter button on the Home tab and then move the pointer onto the worksheet to cause the pointer to change to a block plus sign with a paintbrush​.

    2. Click the cell(s) to receive the format to assign the format of the source cell to the destination cell(s)​.

    3. Click the Format Painter button or press the ESC key to stop the format painter.

    **Uploading completed worksheet**

    4. Save the workbook to your local drive.

    **Part 6:**

    **Course Objectives:**

    · CO4: Apply and manage advanced data visualization and analysis tools, such as sparklines, charts, conditional logic with the IF function, and various worksheet views and layout options for streamlined presentation and printing.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Student will learn to:

    · Create sparkline charts.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Deliverable:**

    After completing the assignment, upload the spreadsheet for Manola Department Stores to Canvas.

    **Setup:**

    · Access to Microsoft Excel.

    **Lab Steps:**

    **Adding a Clustered Column Chart to the Workbook**

    1. Select the cell range containing the revenue for January through June.

    2. Click the Recommended Charts button on the Insert tab to display the Insert Chart dialog box with the Recommended Charts tab active​.

    3. Select the Bar Chart and then click the OK button​.

    4. When Excel draws the chart, click the Move Chart button on the Chart Design tab to display the Move Chart dialog box​.

    5. Click New sheet and then enter the name “Revenue” in the New sheet text box to enter a sheet tab name for the chart sheet​.

    6. Click the OK button to move the chart to a new chart sheet with a new sheet tab name “Revenue”.

    **Insert a Chart Title**

    1. Click anywhere in the chart title placeholder to select it​.

    2. Select the text in the chart title placeholder and then type a new chart title “Manola Department Stores Revenue”.

    **Adding Data Labels​**

    1. Click the Chart Elements button to display the Chart Elements gallery​.

    2. Point to Data Labels to display an arrow and then click the arrow to display the Data Labels fly-out menu​.

    3. Select the “Outside End” from the Data Labels fly-out menu so that data labels are displayed on the outside of the bar chart.

    4. Click the Chart Elements button to close the gallery

    **Adding an Axis Title to the Chart​**

    1. Click anywhere in the chart area outside the chart to select the chart, and then click the Chart Elements button to display the Chart Elements gallery​.

    2. Point to Axis Titles to display an arrow and then click the arrow to display the Axis Titles fly-out menu​.

    3. Click an axis on the Axis Titles fly-out menu to add an axis title, and then click the Chart Elements button to remove the Chart Elements gallery​.

    4. Select the placeholder text in the axis title and replace it with the desired text​. On the vertical axis, enter the text “Revenue”. On the horizontal axis, enter the text “Months”.

    5. Right-click the axis title to display a shortcut menu, and then click “Format Axis Title” on the shortcut menu to open the Format Axis Title pane​.

    6. Click the Title Options tab, click the “Size & Properties” button, and then, if necessary, click the Alignment arrow to expand the Alignment section​

    **Modify the Chart Data Labels​**

    1. Select the Data Labels for the columns. The Format Data Labels fly out menu appears on the right.

    2. Click the Number arrow to expand the Number section and then scroll to display options related to formatting numbers​.

    3. Change the number to Currency and select zero decimal places. The data labels should have the decimal places removed.

    4. Close the Format Data Labels fly out menu.

    5. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Uploading completed worksheet**

    6. Save the workbook to your local drive.

    **Week2HandsOn01Instructions.doc**

    This file is too large to display. [View in new window](https://www.sweetstudy.com/files/week2handson01instructions-doc)

    **## Week2HandsOn02Instructions.doc**

    Week 2 – Hands On 02

    Instructions

    **Use absolute and mixed cell references in a formula**

    1. In the Manola Department Stores Expense Chart Sheet, enter the data “Bonus + Salary” in the row below “Total Expenses”. Enter the formula for the first column, then copy and paste the formula into the other columns. Notice that the formula does not adjust to the column.  Update the formula so it is using the correct column.

    2. Use the absolute cell reference to calculate the sum of the two expenses for each month.

    3. In the same spreadsheet, enter the data “Site Rental + Marketing” in the row below the “Bonus + Salary” row.

    4. Use the mixed cell reference to calculate the sum of the two expenses for each month. Use the absolute column and relative row as the mixed cell reference. Enter the formula for the first column, then copy and paste the formula into the other columns.  Notice that the formula adjust to the column while keeping the rows the same.

    5. Use the “ctrl” + “`” to view the formulas in the spreadsheet.

    6. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Using the IF function**

    1. Click the cell to contain under the first column of the Gross Margin (B7). Click the Insert Function button in the formula bar to display the Insert Function dialog box.

    2. Click the “Or select a category” arrow and then select Logical in the list to populate the “Select a function list” with logic functions.

    3. Click IF in the “Select a function” list to select the required function.

    4. Click the OK button to display the Function Arguments dialog box.

    5. Enter the logical test in the Logical test box to enter a logical test for the IF function. The logical test to enter is “B7>100000”.

    6. Type the result of the IF function if the logical test is true in the Value if true box. The value to enter is “Over Budget”.

    7. Type the result of the IF function if the logical test is false in the Value if false box. The value to enter is “Under Budget”.

    8. Click the OK button to insert the IF function in the selected cell.

    9. Copy and paste this function for all the other columns.

    10. Use the “ctrl” + “`” to view the formulas in the spreadsheet.‘

    11. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Uploading completed worksheet**

    12. Save the workbook to your local drive.

    **Part 5:**

    **Course Objectives:**

    · CO4: Apply and manage advanced data visualization and analysis tools, such as sparklines, charts, conditional logic with the IF function, and various worksheet views and layout options for streamlined presentation and printing.

    **Estimated time to Complete:**  30 minutes

    **Description:**

    Students will learn to:

    · Create sparkline charts.

    · Using the format painter button to format cells.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Create and format sparkline charts**

    1. In the Manola Department Store spreadsheet, select the cell below the calculations where you want to insert a sparkline chart​.

    2. Display the Insert tab and then click the Line button to display the Create Sparklines dialog box​.

    3. Drag through the Revenue range of cells from January through June, and then lift your finger or release the mouse button to insert the selected range in the Data Range box​. The Data Range will be displayed in the Create Sparkline dialog box.

    4. Click the OK button to insert a line sparkline chart in the selected cell and display the Sparkline tab.

    **Formatting Sparkline Chart​s**

    1. Click the More button on the Sparkline tab to display the Sparkline Style gallery​.

    2. Click a desired style in the Sparkline Style gallery to apply the style to the sparkline chart in the selected cell​.

    3. Point to the fill handle in the cell and then drag through the desired range to copy the line sparkline chart.

    **Changing the Sparkline Type​**

    1. Select the range of the sparkline charts and, if necessary, click the Sparkline tab to make it the active tab​.

    2. Click the Column button to change the sparkline charts in the selected range to the column type.

    3. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Formatting the Worksheet – Assign Formats to Nonadjacent Ranges** ​

    1. Select the first cell to the right of the Total Revenue.​

    2. While holding down the CTRL key, select the nonadjacent ranges and then release the CTRL key to select nonadjacent ranges​.

    3. Click the Number group on the Home tab to display the Format Cells dialog box​. Select the Currency format. Then click the OK button.

    4. Select a cell and click Fill Color button on the Home tab select a fill color for the non-adjacent cells.

    5. Click the Font Color button on the Home tab and select a font to apply to the non-adjacent cells.

    6. Now enter data into these non-adjacent cells. Notice that the font selected are used for the data in these cells.

    7. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Formatting the Worksheet – Using the Format Paint** ​

    1. Double-click the Format Painter button on the Home tab and then move the pointer onto the worksheet to cause the pointer to change to a block plus sign with a paintbrush​.

    2. Click the cell(s) to receive the format to assign the format of the source cell to the destination cell(s)​.

    3. Click the Format Painter button or press the ESC key to stop the format painter.

    **Uploading completed worksheet**

    4. Save the workbook to your local drive.

    **Part 6:**

    **Course Objectives:**

    · CO4: Apply and manage advanced data visualization and analysis tools, such as sparklines, charts, conditional logic with the IF function, and various worksheet views and layout options for streamlined presentation and printing.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Student will learn to:

    · Create sparkline charts.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Deliverable:**

    After completing the assignment, upload the spreadsheet for Manola Department Stores to Canvas.

    **Setup:**

    · Access to Microsoft Excel.

    **Lab Steps:**

    **Adding a Clustered Column Chart to the Workbook**

    1. Select the cell range containing the revenue for January through June.

    2. Click the Recommended Charts button on the Insert tab to display the Insert Chart dialog box with the Recommended Charts tab active​.

    3. Select the Bar Chart and then click the OK button​.

    4. When Excel draws the chart, click the Move Chart button on the Chart Design tab to display the Move Chart dialog box​.

    5. Click New sheet and then enter the name “Revenue” in the New sheet text box to enter a sheet tab name for the chart sheet​.

    6. Click the OK button to move the chart to a new chart sheet with a new sheet tab name “Revenue”.

    **Insert a Chart Title**

    1. Click anywhere in the chart title placeholder to select it​.

    2. Select the text in the chart title placeholder and then type a new chart title “Manola Department Stores Revenue”.

    **Adding Data Labels​**

    1. Click the Chart Elements button to display the Chart Elements gallery​.

    2. Point to Data Labels to display an arrow and then click the arrow to display the Data Labels fly-out menu​.

    3. Select the “Outside End” from the Data Labels fly-out menu so that data labels are displayed on the outside of the bar chart.

    4. Click the Chart Elements button to close the gallery

    **Adding an Axis Title to the Chart​**

    1. Click anywhere in the chart area outside the chart to select the chart, and then click the Chart Elements button to display the Chart Elements gallery​.

    2. Point to Axis Titles to display an arrow and then click the arrow to display the Axis Titles fly-out menu​.

    3. Click an axis on the Axis Titles fly-out menu to add an axis title, and then click the Chart Elements button to remove the Chart Elements gallery​.

    4. Select the placeholder text in the axis title and replace it with the desired text​. On the vertical axis, enter the text “Revenue”. On the horizontal axis, enter the text “Months”.

    5. Right-click the axis title to display a shortcut menu, and then click “Format Axis Title” on the shortcut menu to open the Format Axis Title pane​.

    6. Click the Title Options tab, click the “Size & Properties” button, and then, if necessary, click the Alignment arrow to expand the Alignment section​

    **Modify the Chart Data Labels​**

    1. Select the Data Labels for the columns. The Format Data Labels fly out menu appears on the right.

    2. Click the Number arrow to expand the Number section and then scroll to display options related to formatting numbers​.

    3. Change the number to Currency and select zero decimal places. The data labels should have the decimal places removed.

    4. Close the Format Data Labels fly out menu.

    5. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Uploading completed worksheet**

    6. Save the workbook to your local drive.

    **Week2HandsOn01Instructions.doc**

    This file is too large to display. [View in new window](https://www.sweetstudy.com/files/week2handson01instructions-doc)

  • [Solved] Excel Spreadsheet

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    See attached **files (2)** – ## Week3-HandsOn01.doc – Week3-HandsOn02-Instructions.doc **## Week3-HandsOn01.doc** Week 3 – Hands ON – 01 Instructions **Part 1** **Course Objectives:** · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell s…

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    **files (2)**

    – ## Week3-HandsOn01.doc

    – Week3-HandsOn02-Instructions.doc

    **## Week3-HandsOn01.doc**

    Week 3 – Hands ON – 01

    Instructions

    **Part 1**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Assigning names to cells and referring to the cells in a formula.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Creating Cell Names**

    1. Create a spreadsheet with the following data:

    | | | | |
    | — | — | — | — |
    | **Mortgage Payment Calculator** |
    | Date | 19-Oct-25 | Rate | 3.88% |
    | Item | House | Term | 15 |
    | Price | $519,000.00 | Monthly Payment | |
    | Down Payment | $115,000.00 | Total Interest | |
    | Loan Amount | | Total Cost | |

    2. To create names based on row titles​, select the range​ of cells that include the Price, Down Payment, and Load Amount along with their values.

    3. Click the “Create from Selection” button on the Formulas tab to display the Create Names from Selection dialog box​.

    4. Click the OK button to name the cells selected in the right column of the selection.

    5. Click on the Price amount. Notice that the name of the cell is “Price” and is displayed in the upper-left side of the menu bar.

    **Enter the Loan Amount Formula Using Cell Names​**

    1. Select the cell next to the Loan Amount.

    2. While entering the formula, double-click the cells to include in the formula to use the names of the cells rather than the cell references​. Enter the formula “=Price-Down_Payment”.

    3. Click the Enter box to assign the formula to the selected cell.

    4. Create a name for the Down Payment and Loan Amount cells.

    5. Create names for the Rate and Term cells.

    6. Select the cell next to the Monthly Payment. Enter the PMT function “=-PMT(Rate/12, 12*Term, Loan_Amount)”.

    7. Create a name for the Monthly Payment cell.

    8. Select the cell next to the Total Interest. Enter the formula “=12*Term*Monthly_Payment-Loan_Amount”.

    9. Create a name for the Total Interest cell.

    10. Select the cell next to the Total Cost. Enter the formula “=price + total_interest”.

    11. Format the cells with amounts to be of type currency.

    12. Now, enter a new term of 10 years instead of 15 years. Notice that the calculations are updated based on the term of 10 years.

    **Uploading completed worksheet**

    13. Save the workbook to your local drive.

    **Part 2**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Creating data tables.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Creating a Data Table**

    1. Select a cell and type the following data table section title​ under the Mortgage Payment Calculation section.

    | | | | |
    | — | — | — | — |
    | **Varying Interest Rate Schedule** |
    | Rate | Monthly Payment | Total Interest | Total Cost |

    2. Select a cell and click the Format Painter button on the Home tab to copy the format of the cell, and then click another cell and apply the copied format.

    **Create a Percentage Series Using the Fill Handle​**

    1. Type the first two percentages in the series, each in an individual cell.

    | |
    | — |
    | 3.00% |
    | 3.13% |

    2. Select the two cells containing the percentages​

    3. Drag the fill handle through the last cell in the desired series—do not lift your finger or release the mouse button​

    4. Lift your finger or release the mouse button to generate the percent series​

    5. Click the Increase Decimal button on the Home tab to increase the number of decimal places

    **Enter the Formulas in the Data Table​**

    1. Choose a cell next to the 3.00% under
    **Monthly Payment**. Enter the formula: “=-PMT(A10, 12*Term, Loan_Amount)”

    2. Choose the cell next to the 3.00% under
    **Total Interest**. Enter the formula: “=-PMT(A10/12, 12*Term, Loan_Amount)”

    3. Choose the cell next to the 3.00% under
    **Total Cost**. Enter the formula: “=Price + C10”

    4. Use the file handle to calculate the variable interest rate for the other rates.

    \*\*\* Students: Please note that “A10” and “C10” should match between the 3% Rate, the first Monthly Payment cell, the first Total Interest Cell, and the first Total Cost Cell.  Please also note that A10 should be the Interest Rate.

    In the screencap below, the first title cell is on A3, therefore the cell reference is not A10, but is actually A12 due to being two rows lower in relative reference.

    ![image1](https://www.sweetstudy.com/questions/excel-spreadsheet-20967961)

    **Uploading completed worksheet**

    5. Save the workbook to your local drive.

    **Part 3**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Printing sections of a worksheet.

    Protecting and unprotecting cells in a worksheet.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Deliverable:**

    After completing the assignment, upload the spreadsheet to the Canvas module.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Printing Sections of the Worksheet**

    1. Set up a the Monthly Payment Calculator worksheet for printing by click the Page Setup Dialog Box Launcher on the Page Layout tab to display the Page Setup dialog box​.

    2. If necessary, click the Page tab to display the Page sheet and then click Fit to in the Scaling area to set the worksheet to print on one page​.

    3. Click the Sheet tab and then click “Black and white” in the Print area to select the check box​.

    4. Click the OK button to close the Page Setup dialog box

    **Set the print area​ of the worksheet**

    1. Select the Varying Interest Rate Schedule data range to set as the print area, and then click the Print Area button on the Page Layout tab to display the Print Area menu​.

    2. Click “Set Print Area” on the Print Area menu to set the range of the worksheet which Excel should print​.

    3. To clear the print area, click the Print Area button on the Page Layout tab to display the Print Area menu and then click the “Clear Print Area” command to reset the print area to the entire worksheet.

    **To Name and Print Sections of a Worksheet​**

    1. If necessary, select the range to name, click the Name box in the formula bar, and type the range name​ “Varying_Interest_Rate_Schedule”.

    2. Press the ENTER key to create a range name​.

    3. Select the desired range to print​.

    4. Click File on the ribbon to open Backstage view and then click Print to display the Print screen​

    5. Click the “Print Active Sheets” button in the Settings area and select Print Selection to select the desired item to print.

    6. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Protect a Worksheet​**

    1. Select the Mortgage Payment Calculator range of cells.

    2. Right-click the selected ranges to display a shortcut menu and mini toolbar.​

    3. Click Format Cells on the shortcut menu to display the Format Cells dialog box​.

    4. Click the Protection tab and then click Locked to remove the check mark​.

    5. Click the OK button to close the Format Cells dialog box​.

    6. Deselect the ranges.

    7. Click the Protect Sheet button on the Review tab to display the Protect Sheet dialog box​.

    8. When Excel displays the Protect Sheet dialog box, ensure that the “Protect worksheet and contents of locked cells” check box at the top of the dialog box and
    **the first two check boxes in the list contain check marks so that the user of the worksheet can select both locked and unlocked cells​**.

    9. Click the OK button to close the Protect Sheet dialog box

    **Uploading completed worksheet**

    1. Save the workbook to your local drive.

    **Week3-HandsOn02-Instructions.doc**

    This file is too large to display. [View in new window](https://www.sweetstudy.com/files/week3-handson02-instructions-doc-10526847)

    **Week3-HandsOn02-Instructions.doc**

    This file is too large to display. [View in new window](https://www.sweetstudy.com/files/week3-handson02-instructions-doc-10526847)

    **## Week3-HandsOn01.doc**

    Week 3 – Hands ON – 01

    Instructions

    **Part 1**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Assigning names to cells and referring to the cells in a formula.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Creating Cell Names**

    1. Create a spreadsheet with the following data:

    | | | | |
    | — | — | — | — |
    | **Mortgage Payment Calculator** |
    | Date | 19-Oct-25 | Rate | 3.88% |
    | Item | House | Term | 15 |
    | Price | $519,000.00 | Monthly Payment | |
    | Down Payment | $115,000.00 | Total Interest | |
    | Loan Amount | | Total Cost | |

    2. To create names based on row titles​, select the range​ of cells that include the Price, Down Payment, and Load Amount along with their values.

    3. Click the “Create from Selection” button on the Formulas tab to display the Create Names from Selection dialog box​.

    4. Click the OK button to name the cells selected in the right column of the selection.

    5. Click on the Price amount. Notice that the name of the cell is “Price” and is displayed in the upper-left side of the menu bar.

    **Enter the Loan Amount Formula Using Cell Names​**

    1. Select the cell next to the Loan Amount.

    2. While entering the formula, double-click the cells to include in the formula to use the names of the cells rather than the cell references​. Enter the formula “=Price-Down_Payment”.

    3. Click the Enter box to assign the formula to the selected cell.

    4. Create a name for the Down Payment and Loan Amount cells.

    5. Create names for the Rate and Term cells.

    6. Select the cell next to the Monthly Payment. Enter the PMT function “=-PMT(Rate/12, 12*Term, Loan_Amount)”.

    7. Create a name for the Monthly Payment cell.

    8. Select the cell next to the Total Interest. Enter the formula “=12*Term*Monthly_Payment-Loan_Amount”.

    9. Create a name for the Total Interest cell.

    10. Select the cell next to the Total Cost. Enter the formula “=price + total_interest”.

    11. Format the cells with amounts to be of type currency.

    12. Now, enter a new term of 10 years instead of 15 years. Notice that the calculations are updated based on the term of 10 years.

    **Uploading completed worksheet**

    13. Save the workbook to your local drive.

    **Part 2**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Creating data tables.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Creating a Data Table**

    1. Select a cell and type the following data table section title​ under the Mortgage Payment Calculation section.

    | | | | |
    | — | — | — | — |
    | **Varying Interest Rate Schedule** |
    | Rate | Monthly Payment | Total Interest | Total Cost |

    2. Select a cell and click the Format Painter button on the Home tab to copy the format of the cell, and then click another cell and apply the copied format.

    **Create a Percentage Series Using the Fill Handle​**

    1. Type the first two percentages in the series, each in an individual cell.

    | |
    | — |
    | 3.00% |
    | 3.13% |

    2. Select the two cells containing the percentages​

    3. Drag the fill handle through the last cell in the desired series—do not lift your finger or release the mouse button​

    4. Lift your finger or release the mouse button to generate the percent series​

    5. Click the Increase Decimal button on the Home tab to increase the number of decimal places

    **Enter the Formulas in the Data Table​**

    1. Choose a cell next to the 3.00% under
    **Monthly Payment**. Enter the formula: “=-PMT(A10, 12*Term, Loan_Amount)”

    2. Choose the cell next to the 3.00% under
    **Total Interest**. Enter the formula: “=-PMT(A10/12, 12*Term, Loan_Amount)”

    3. Choose the cell next to the 3.00% under
    **Total Cost**. Enter the formula: “=Price + C10”

    4. Use the file handle to calculate the variable interest rate for the other rates.

    \*\*\* Students: Please note that “A10” and “C10” should match between the 3% Rate, the first Monthly Payment cell, the first Total Interest Cell, and the first Total Cost Cell.  Please also note that A10 should be the Interest Rate.

    In the screencap below, the first title cell is on A3, therefore the cell reference is not A10, but is actually A12 due to being two rows lower in relative reference.

    ![image1](https://www.sweetstudy.com/questions/excel-spreadsheet-20967961)

    **Uploading completed worksheet**

    5. Save the workbook to your local drive.

    **Part 3**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Printing sections of a worksheet.

    Protecting and unprotecting cells in a worksheet.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Deliverable:**

    After completing the assignment, upload the spreadsheet to the Canvas module.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Printing Sections of the Worksheet**

    1. Set up a the Monthly Payment Calculator worksheet for printing by click the Page Setup Dialog Box Launcher on the Page Layout tab to display the Page Setup dialog box​.

    2. If necessary, click the Page tab to display the Page sheet and then click Fit to in the Scaling area to set the worksheet to print on one page​.

    3. Click the Sheet tab and then click “Black and white” in the Print area to select the check box​.

    4. Click the OK button to close the Page Setup dialog box

    **Set the print area​ of the worksheet**

    1. Select the Varying Interest Rate Schedule data range to set as the print area, and then click the Print Area button on the Page Layout tab to display the Print Area menu​.

    2. Click “Set Print Area” on the Print Area menu to set the range of the worksheet which Excel should print​.

    3. To clear the print area, click the Print Area button on the Page Layout tab to display the Print Area menu and then click the “Clear Print Area” command to reset the print area to the entire worksheet.

    **To Name and Print Sections of a Worksheet​**

    1. If necessary, select the range to name, click the Name box in the formula bar, and type the range name​ “Varying_Interest_Rate_Schedule”.

    2. Press the ENTER key to create a range name​.

    3. Select the desired range to print​.

    4. Click File on the ribbon to open Backstage view and then click Print to display the Print screen​

    5. Click the “Print Active Sheets” button in the Settings area and select Print Selection to select the desired item to print.

    6. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Protect a Worksheet​**

    1. Select the Mortgage Payment Calculator range of cells.

    2. Right-click the selected ranges to display a shortcut menu and mini toolbar.​

    3. Click Format Cells on the shortcut menu to display the Format Cells dialog box​.

    4. Click the Protection tab and then click Locked to remove the check mark​.

    5. Click the OK button to close the Format Cells dialog box​.

    6. Deselect the ranges.

    7. Click the Protect Sheet button on the Review tab to display the Protect Sheet dialog box​.

    8. When Excel displays the Protect Sheet dialog box, ensure that the “Protect worksheet and contents of locked cells” check box at the top of the dialog box and
    **the first two check boxes in the list contain check marks so that the user of the worksheet can select both locked and unlocked cells​**.

    9. Click the OK button to close the Protect Sheet dialog box

    **Uploading completed worksheet**

    1. Save the workbook to your local drive.

    **Week3-HandsOn02-Instructions.doc**

    This file is too large to display. [View in new window](https://www.sweetstudy.com/files/week3-handson02-instructions-doc-10526847)

    **## Week3-HandsOn01.doc**

    Week 3 – Hands ON – 01

    Instructions

    **Part 1**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Assigning names to cells and referring to the cells in a formula.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Creating Cell Names**

    1. Create a spreadsheet with the following data:

    | | | | |
    | — | — | — | — |
    | **Mortgage Payment Calculator** |
    | Date | 19-Oct-25 | Rate | 3.88% |
    | Item | House | Term | 15 |
    | Price | $519,000.00 | Monthly Payment | |
    | Down Payment | $115,000.00 | Total Interest | |
    | Loan Amount | | Total Cost | |

    2. To create names based on row titles​, select the range​ of cells that include the Price, Down Payment, and Load Amount along with their values.

    3. Click the “Create from Selection” button on the Formulas tab to display the Create Names from Selection dialog box​.

    4. Click the OK button to name the cells selected in the right column of the selection.

    5. Click on the Price amount. Notice that the name of the cell is “Price” and is displayed in the upper-left side of the menu bar.

    **Enter the Loan Amount Formula Using Cell Names​**

    1. Select the cell next to the Loan Amount.

    2. While entering the formula, double-click the cells to include in the formula to use the names of the cells rather than the cell references​. Enter the formula “=Price-Down_Payment”.

    3. Click the Enter box to assign the formula to the selected cell.

    4. Create a name for the Down Payment and Loan Amount cells.

    5. Create names for the Rate and Term cells.

    6. Select the cell next to the Monthly Payment. Enter the PMT function “=-PMT(Rate/12, 12*Term, Loan_Amount)”.

    7. Create a name for the Monthly Payment cell.

    8. Select the cell next to the Total Interest. Enter the formula “=12*Term*Monthly_Payment-Loan_Amount”.

    9. Create a name for the Total Interest cell.

    10. Select the cell next to the Total Cost. Enter the formula “=price + total_interest”.

    11. Format the cells with amounts to be of type currency.

    12. Now, enter a new term of 10 years instead of 15 years. Notice that the calculations are updated based on the term of 10 years.

    **Uploading completed worksheet**

    13. Save the workbook to your local drive.

    **Part 2**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Creating data tables.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Creating a Data Table**

    1. Select a cell and type the following data table section title​ under the Mortgage Payment Calculation section.

    | | | | |
    | — | — | — | — |
    | **Varying Interest Rate Schedule** |
    | Rate | Monthly Payment | Total Interest | Total Cost |

    2. Select a cell and click the Format Painter button on the Home tab to copy the format of the cell, and then click another cell and apply the copied format.

    **Create a Percentage Series Using the Fill Handle​**

    1. Type the first two percentages in the series, each in an individual cell.

    | |
    | — |
    | 3.00% |
    | 3.13% |

    2. Select the two cells containing the percentages​

    3. Drag the fill handle through the last cell in the desired series—do not lift your finger or release the mouse button​

    4. Lift your finger or release the mouse button to generate the percent series​

    5. Click the Increase Decimal button on the Home tab to increase the number of decimal places

    **Enter the Formulas in the Data Table​**

    1. Choose a cell next to the 3.00% under
    **Monthly Payment**. Enter the formula: “=-PMT(A10, 12*Term, Loan_Amount)”

    2. Choose the cell next to the 3.00% under
    **Total Interest**. Enter the formula: “=-PMT(A10/12, 12*Term, Loan_Amount)”

    3. Choose the cell next to the 3.00% under
    **Total Cost**. Enter the formula: “=Price + C10”

    4. Use the file handle to calculate the variable interest rate for the other rates.

    \*\*\* Students: Please note that “A10” and “C10” should match between the 3% Rate, the first Monthly Payment cell, the first Total Interest Cell, and the first Total Cost Cell.  Please also note that A10 should be the Interest Rate.

    In the screencap below, the first title cell is on A3, therefore the cell reference is not A10, but is actually A12 due to being two rows lower in relative reference.

    ![image1](https://www.sweetstudy.com/questions/excel-spreadsheet-20967961)

    **Uploading completed worksheet**

    5. Save the workbook to your local drive.

    **Part 3**

    **Course Objectives:**

    · CO5: Organize, format, and manage data efficiently using cell names, data tables, custom formats, formulas, cell styles, and protected cells, with print and display settings to enhance presentation and usability.

    **Estimated time to Complete:**  20 minutes

    **Description:**

    Printing sections of a worksheet.

    Protecting and unprotecting cells in a worksheet.

    **Required Resources:**

    · Access to Microsoft Excel.

    **Deliverable:**

    After completing the assignment, upload the spreadsheet to the Canvas module.

    **Setup:**

    Access to Microsoft Excel.

    **Lab Steps:**

    **Printing Sections of the Worksheet**

    1. Set up a the Monthly Payment Calculator worksheet for printing by click the Page Setup Dialog Box Launcher on the Page Layout tab to display the Page Setup dialog box​.

    2. If necessary, click the Page tab to display the Page sheet and then click Fit to in the Scaling area to set the worksheet to print on one page​.

    3. Click the Sheet tab and then click “Black and white” in the Print area to select the check box​.

    4. Click the OK button to close the Page Setup dialog box

    **Set the print area​ of the worksheet**

    1. Select the Varying Interest Rate Schedule data range to set as the print area, and then click the Print Area button on the Page Layout tab to display the Print Area menu​.

    2. Click “Set Print Area” on the Print Area menu to set the range of the worksheet which Excel should print​.

    3. To clear the print area, click the Print Area button on the Page Layout tab to display the Print Area menu and then click the “Clear Print Area” command to reset the print area to the entire worksheet.

    **To Name and Print Sections of a Worksheet​**

    1. If necessary, select the range to name, click the Name box in the formula bar, and type the range name​ “Varying_Interest_Rate_Schedule”.

    2. Press the ENTER key to create a range name​.

    3. Select the desired range to print​.

    4. Click File on the ribbon to open Backstage view and then click Print to display the Print screen​

    5. Click the “Print Active Sheets” button in the Settings area and select Print Selection to select the desired item to print.

    6. Capture a screen shot of the spreadsheet and upload it to Canvas.

    **Protect a Worksheet​**

    1. Select the Mortgage Payment Calculator range of cells.

    2. Right-click the selected ranges to display a shortcut menu and mini toolbar.​

    3. Click Format Cells on the shortcut menu to display the Format Cells dialog box​.

    4. Click the Protection tab and then click Locked to remove the check mark​.

    5. Click the OK button to close the Format Cells dialog box​.

    6. Deselect the ranges.

    7. Click the Protect Sheet button on the Review tab to display the Protect Sheet dialog box​.

    8. When Excel displays the Protect Sheet dialog box, ensure that the “Protect worksheet and contents of locked cells” check box at the top of the dialog box and
    **the first two check boxes in the list contain check marks so that the user of the worksheet can select both locked and unlocked cells​**.

    9. Click the OK button to close the Protect Sheet dialog box

    **Uploading completed worksheet**

    1. Save the workbook to your local drive.

    **Week3-HandsOn02-Instructions.doc**

    This file is too large to display. [View in new window](https://www.sweetstudy.com/files/week3-handson02-instructions-doc-10526847)