Write a two-page paper that provides a methodology that could be followed to actually solve the case. The strategy paper need not be an actual solution to the case (Pacific Grove Spice Company)– it may simply explain how one would go about solving the case, step by step. The strategy paper is being prepared for the approval of a senior financial manager who is completely familiar with the background of the problem. Therefore the strategy paper should skip background details and deal only with recommended procedures. The paper is procedural rather than descriptive. The level of detail that is appropriate in describing the procedures depends upon the objective of the particular case. For example, If an important objective of the analysis is to determine the amount of additional funds that will be required to support a new project then it is obviously not sufficient to make a statement such as: “Step 3, determine the additional funds requirements.” Instead, exact and detailed procedures should be outlined for determining the amount of external financing required, being careful to identify any peculiarities or complications that are unique to that particular case.
The case is Pacific Grove Spice Company
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