Final Team Report - Spring 2010 - F2F

Final Team Report - Spring 2010 - F2F - BA200 Final Team...

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BA200 Final Team Final Report and Presentation Corte BA200 Spring 2010 F2F Page 1 BA200 Final Team Report Assigned: April 5, 2010 Due: April 28, 2010 Points: 8 Introduction This is the final assignment for BA200. The purpose of this assignment is to provide you with the opportunity to work in your teams to research, analyze, evaluate and recommend a solution, in written and oral forms, to a current business related situation. General Information Overview This is a team exercise. Team members not contributing to this team exercise may be fired at the discretion of the team and will have to work with Professor Corte on an individual report and presentation. Report concerns immediately through an e-mail to Professor Corte. State who is the subject of the concern and provide specifics to substantiate the claim including action taken to rectify the situation. The exercise consists of a written report and oral presentation on the research, analysis, evaluation and proposal of a solution to a current business related situation. Oral presentation information is covered in a separate assignment sheet. Format and content details follow. The Situation Without question, the financial health of the State of Illinois is grave. The State is several months behind in paying its bills. It currently owes the University of Illinois system approximately ½ Billion Dollars. The State may default on this payment. As a result, The U of I has implemented and is considering extraordinary measures to control costs and save money. Under consideration are additional furloughs, faculty and staff cuts, reductions in program and class offerings, increases in class sizes, and tuition increases up to 20%. MAP funding if available may be reduced as well as State funded grants and scholarships. What does this mean to you as students at the University of Illinois at Chicago. How will this affect your education? What can you, as students, do to ensure completion of your educational goals? As your team considers options, answers to the following questions may be part of your consideration. This list is NOT all inclusive and your team will certainly think of others. How did we get where we are now? What is the actual financial situation of Illinois? We are paying state income taxes and sales taxes. How does this figure into the picture?
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BA200 Final Team Final Report and Presentation Corte BA200 Spring 2010 F2F Page 2 I purchase lottery tickets. Doesn't money from the lottery go directly to education? What is the historical and current financial status of the Illinois lottery program? What is the current and future direct affects on education as a whole and UIC in particular? How will this affect me as a student? ... Cost of education? Tuition increases? Fee increases?
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