Highlights
Task:
Learning Outcomes Assessed:
LO 2 - Understand and apply the principles of operations and accounting within a business entity
LO 3 - Understand the planning and control processes as related to operations management and accounting and apply through examples.
INSTRUCTIONS
This assignment (research and presentation) is worth up to 30% of your overall mark. Submit your report and presentation to Canvas/Turnitin on or before the due date specified above. Choose suitable headings/subheadings for your report and presentation slides. Include any references in bibliography/final slides.
TASK
Use the same organisation you used in Assessment Two to complete Assessment Three. The government recently introduced new regulations for businesses to eliminate the one use plastic. The organisation you researched is going to introduce new policies on how to reduce the use of one use plastic as well as minimizing waste.
Use the following as a guide to your research then present your findings to your organisation.
1. Identify the operational changes that the organisation may need to make, and, explain the role of accounting in achieving change with at least three examples. (400 words)
2. Write about the purpose of an operational plan and its relationship to the strategic planning process. (200 words)
3. Write about the purpose of a budget. What are the benefits of having a business budget? Discuss the steps in a budgeting process. (600 words)
4. Explain how the business will use operations and accounting information as controls to supporting the changes in response to the newly introduced regulation. Provide examples. (600 words)
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