Unit 3

The Artisan Shutter Company, like many companies that relied on the  construction industry, took a financial hit when “housing bubble” burst  in late 2007. Lenders were making subprime mortgage loans to borrowers  who really couldn’t afford the principle and interest (P&I) payments  and subsequently defaulted on their loans.

 This was followed, in 2008,  by the collapse of Lehman Brothers, a global bank, which almost brought  down the world’s financing system. Due to tighter banking regulations,  many individuals and companies found it extremely challenging to secure  loans. Despite the government’s decision to implement quantitative  easing as a means of stimulating the economy, unemployment, personal and  corporate bankruptcies increased. 

Looking at The Artisan Shutter  Company and imagine that you were a member of the leadership team and  noticed that the cash flow position of the company was being severely  weakened by what economists perceived to be a pro-longer economic  downturn. The owners are understandably concerned about the long-term  viability of the firm. Prepare a position paper that outlines strategies  to improve cash position of the company as it tries to “weather the  storm” and experiences a normalizing of the economy. 

In order to  formulate your position paper, you may want to carefully consider the  problem (reflecting back to 2008 recession), collect relevant data and  information, critically evaluate the alternatives, and document your  recommendations using sound arguments that are well supported, properly  vetted, and logically presented. It is important that management  carefully consider any potential ethical implications associated with  their stated position. If there are any potential ethical concerns  associated with your position, they should be identified and discussed  in the position paper.

If you prepared your response in Word, please cut and paste it  directly into the discussion board so that everyone will not need to  first download your response, then open it to read it. 

There is  no minimum or maximum in terms of the word count; however, the response  should explicitly address all required components of this discussion  assignment. The document should be prepared consistent with the APA  writing style (6th edition) and reflect higher level cognitive  processing (analysis, synthesis, and or evaluation).