Assignment 1: ProposalDue Week 3 and worth 210 points Note:

Assignment 1: ProposalDue Week 3 and worth 210 points Note: Refer to scenarios and readings from previous weeks in order to complete this assignment. Imagine that you just created a new start-up company. You want to compete in the growing industry of drone navigation systems. VectorCal is the only major company in the field. You also want to be a leaner, faster version of a company that you view as being too slow and costly. Note: You may create and / or make all necessary assumptions needed for the completion of this assignment. Write a two to three (2-3) page paper in which you:Describe the new start-up company that you have created. Include in your description the nature of your company, its mission and vision, your company’s product, an analysis of your staff, and your target clientele.Criticize VectorCal’s forecasting method. Determine the appropriate forecasting approach for your company. Provide a rationale to support the determination. Suggest the semi-variable, allocated, and indirect costs that you should address in the start-up phase of your company. Provide a rationale to support the response.Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.