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Assignment #2
Read the attachment labeled Hitt_12edi_Ch2 then complete the assignment using the attachment labeled Assignment #2 Instructio

Now is the time to celebrate what you have learned in the course and apply it in practice. Imagine you are a business analyst who is writing an article for Forbes magazine evaluating a recent initiative by a prominent organization of your choice and the data-based decision-making processes they implemented. Your editor has asked you to include the below bullet points in your evaluation.
In your final paper,
Select an organization.
Describe the industry and business model.
Examine a recent initiative that the organization implemented.
Assess the success of the initiative.
Describe the organization’s decision support systems and their decision-making process.
Identify the decision support tools used by the organization to make various structured, semi-structured, and unstructured decisions.
Outline their processes and tools the organization used following the decision tree model.
Evaluate how their decision support system contributed to either the success or failure of the initiative.
Assess how the organization could have approached the initiative differently to realize greater success.
The Evaluating an Organizational Initiative final paper
Must be five to six double-spaced pages in length (not including title and references pages) and formatted according to APA Style Links to an external site. as outlined in the Writing Center’s APA Formatting for Microsoft Word Links to an external site. resource.
Must include a separate title page with the following:
Title of paper in bold font
Space should appear between the title and the rest of the information on the title page.
Student’s name
Name of institution (The University of Arizona Global Campus)
Course name and number
Instructor’s name
Due date
Must utilize academic voice. See the Academic Voice Links to an external site. resource for additional guidance.
Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & Conclusions Links to an external site. and Writing a Thesis Statement Links to an external site., refer to the Writing Center resources.
Must use at least two scholarly sources in addition to the course text.
The Scholarly, Peer-Reviewed, and Other Credible Sources Links to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source.
To assist you in completing the research required for this assignment, view Quick and Easy Library Research Links to an external site. tutorial, which introduces the University of Arizona Global Campus Library and the research process, and provides some library search tips.
Must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your Paper Links to an external site. guide.
Must include a separate references page that is formatted according to APA Style as outlined in the Writing Center. See the APA: Formatting You

Please put together complete and well thought out responses. I am looking for original input so please share your thoughts and experiences so we can all learn from them. Please make sure that you back up the posts with factual information
Post1: Posted Date: January 25, 2024 1:13 PMStatus:Published
Harvesting in a business, also known as exiting, is a method that owners and investors might use to get out of a business, and typically reap the value of their investment. Longenecker et al. (2023) in the book say “A entrepreneur needs to understand that harvesting encompasses more than merely selling and leaving a business. It involves capturing value (cash flows), reducing risk, and creating future options” (pp. 334, para. 7). Many entrepreneurs forget and fail to have harvest plans after they have s successful firm.
There are four separate methods when harvesting a privately held firm and those include selling the firm, distributing the cash flow, offering stock through the public, and using private equity recapitalization. Most of the time when an entrepreneur wants to sell their company it relates to retirement, estate planning, and a desire to diversify investments. They can sell to strategic buyers, financial buyers, or employees. Harvesting by slowly withdrawing a firm’s cash from the business has two important advantages: the owner can still control the business while they are slowly harvesting their investments and they do not have to look for a buyer or deal with any of the expenses of selling the firm. Offering stock through the public helps enhance the reputation of the firm, and provides an additional source for capital to grow, a stock that is publicly traded can create ongoing interest, and publicly traded stock is more attractive to personal keys. This happens through a process called Initial Public Offering (IPO) which “requires registering the stock issue with the Securities and Exchange Commission (SEC) and adhering to the “blue sky laws” that govern the public offering at a state level” (Longenecker et al, 2023, pp. 341, para. 1). Harvesting using private equity recapitalization, which is also called private equity recap, happens when a private investor provides a combination of debt and equity to a firm and allows entrepreneurs to cash out just their portion of their investment.
Planning for a firm to be harvesting eventually is a fundamental part of having strategic business management. Harvesting allows owners to convert their assets into cash or investments, it helps owners with retirement, allows owners to maximize the value of their business, opens new growth opportunities, and allows owners to have peace of mind. References
Longenecker, J. G., Petty, J. W., Hoy, F., & Palich, L. E. (2023). Small Business Management: Launching & Growing Entrepreneurial. Cengage Learning.
Post2:
Explain what is meant by the term harvesting. “Harvesting” typically refers to business strategy of growing and maximizing the value of an existing product,service or business unit before either divesting or discontinuing it. It involves Maximizing cash flow and profits in the short term,often by reducing costs and making efficiency improvements ,whilst gradually reducing investments in the product or service. 2.What is involved in harvesting an investment in a privately held firm?
When harvesting an investment in a private firm, several steps are involved in the process. First things first, the investor needs to assess the current value of the firms ownership stake in the firm. This involves evaluating the financial nn health and overall performance of the business, as well as the growth prospects. Once they have determined the value the investormay decide to sell the ownership stake either to another investor or a public offering.Investment bankers, lawyers, & other professionals will take part in the transaction.
3.Why should an owner of a company plan for eventually harvesting his or her company There are a lot of reasons why an owner of a company may plan for harvesting their company. The reasons may well be anyof these; Financial Gain, Retirement, New opportunities, etc… It’s very important to plan ahead and think and ponder about the factors such as market conditions, timimg, and the needs & goals of the business and the owner. This in the long run ensures a successful harvest. Also a very prepared harvest when the time comes. Harvesting can be a rewarding process. It maybe challenging but well worth it in the long run. References include; “the exit strategyHandbook: The best guide for entrepreneurs starting,Planning, and exiting a business” by Jerry mills