Senior Capstone - Purchase Point Media. Management Coursework

Senior Capstone - Purchase Point Media 500895
CriteriaGrade
Content 80 pts
■ Identifies Form and Substance errors as instructed (worth 30 points)
■ Completes Step 2 – Compute the PPMC break-even point in terms of carts and stores (worth 40 points)
■ Completes Step 3 – Determine the number of grocery stores in the United States (worth 10 points)




Written Communication 10 pts
■ Answers each question in a complete paragraph that includes an introductory sentence, at least four sentences of explanation, and a concluding sentence
■ Uses correct grammar, spelling, punctuation, and sentence structure
■ Provides clear organization by using words like first, however, on the other hand, and so on, consequently, since, next, and when
■ Makes sure the paper contains no typographical errors
* Properly formatted citations – (No Works Cited or incorrectly formatted citations will result in a final grade of 1 for the project due to Plagiarism.)




Format 10 pts
The paper is double-spaced, typed in font size 12, and contains properly formatted Internet research sources. It includes the student’s
■ Name and address
■ Student number, Course title and number, and project number


Retake Total Grade
Senior Capstone: Business BUS 450
Step 1- Form and Substance error
It is a possibility that a report with a good form may lack substance and a report with a poor form can be substantive. Thus, it is important to distinguish between the two types of errors. The form and substance errors identified in Exhibit 1 of the case study are summarised below.
Summary of form error in the PPMC report
1
Location: On the first page of Exhibit 1, the second heading is ‘Projected Statement of Net Income’.
Error: There is no accounting term such as ‘Projected Statement of Net Income’.
Correction: It should be written as ‘Projected Statement of Income’.
2
Location: On the first page of Exhibit 1, the third heading is ‘For the first twelve months of operations’.
Error: The financial statements are prepared for years and not months.
Correction: It should be written as ‘for the year ending on December 31st, 2004’.
3
Location: The first page of Exhibit 1, in the first paragraph it is stated as ‘Safe harbor statement under the private Securities litigation act of 1995. This project statement of….’
Error: There are multiple errors with the above statement- First, the name of the act is wrong. Second, the first letter of each word of the name of the act should be capitalized. Third, the sentence is ambiguous when considered in isolation as well as when considered with the next sentence. Fourth, ‘project’ is the wrong tense here.
Correction: It should be written as ‘The Private Securities Litigation Reform Act of 1995 provides a ‘safe harbor’ for this projected statement of….’
4
Location: The first page of Exhibit 1, the third sentence of the first paragraph- ‘both the Corporate house and Purchase Price Media Corp………’
Error: ‘Corpo...