As an IT manager, it is imperative to know how well the company you work for is performing overall. This is especially important in order to ensure that the IT operations deliver on supporting the organizational vision and business strategy. Therefore, students will evaluate the factors involved in making the IT department a profit center, especially considering the market’s current focus on analytics.
First, conduct research to acquire the income statements (also referred to as profit and loss or P&L statements) of any two organizations that have a prominent IT department. Many examples of such organizations are highly publicized and can be located with a general online search for the list of “Fortune 500 companies.” You may also utilize the income statements from your own company or a company where you have previously worked. If you decide to include the latter, please use anonymous references for your proposal submission and not include the name of the company.
(Companies we are going to use are Apple and Adobe – the links to the P & L statements are below)
Once the income statements for the two organizations with a prominent IT department have been identified, complete a 250-500 word review with the following components:
1. An analysis of the profitability of the company over various periods of time: monthly, quarterly, or annually. Include a description of the overall areas of success (profits) and any challenging areas (losses).
2. A narrative description of the impact of the P&L on the IT department. Include the specific or potential factors involved in each organization’s ability to generate revenue involving IT.
3. A description of the potential methods for reducing IT expenses.
Prepare this assignment according to guidelines if APA Version 7
IT Profit and loss statements to use and sources
Source for paper
Read “Understanding Profit and Loss Reports,” located on the Business Queensland website (2016).
Plagiarism Free Papers
All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.
All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.
A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.
Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.
Originality & Security
At Homeworkpaper.net, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.
24/7 Customer Support
Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
We work around the clock to see best customer experience.
Our prices are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.
Admission help & Client-Writer Contact
When you need to elaborate something further to your writer, we provide that button.
We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.
Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.