Managing Financial Resources Report Writing - Management Assignment Help

Assignment Task

Task

Introduction:

Details of the module-specific requirements follow. Please ensure that you carefully read the assignment brief and the assignment preparation guidelines so that you understand what is required.

Purpose of the assignment:

The assignment is designed to allow you to demonstrate your ability to:

• Show your understanding of the underpinning ‘theory’ and its application in your organisation and its managerial environment
• Utilise theoretical approaches and apply frameworks, models, techniques and concepts to real-world managerial environments
• Select appropriate data/information and apply techniques that illustrate the use of theory in order to provide a view, opinion or expression of advice on how to proceed
• Apply the theoretical approaches in analysing managerial environments
• Comment on, provide insights about and critically evaluate the use of theoretical approaches and techniques in managerial environments
• Reflect on where improvements could be made and create value

Part A:

You should select one of the following economic issues and discuss how it impacts on your organisation in relation to managing financial resources and decision-making:

• Demand – an analysis of the nature of demand, its components, the factors that influence its determination and how changes in demand impact on the microeconomic market model (MEMM).
• Supply and cost analysis – an analysis of the nature of supply and its suppliers, the factors that influence the costs of their supply provision and how changes in supply impact on the microeconomic market model.
• Pricing – what approaches organisations can use to determine pricing and how changes in pricing impact on the microeconomic market model.
• Market structure – include a description of the nature and composition of the market in relation to how this may impact on competitive conditions, profitability of the market and economic behaviour.
• Economic regulation – include a discussion of the role of regulation, the goal of market efficacy in the selected market and how this may influence the microeconomic market model.

Part B:

You are required to discuss how the following are used (or could be used, if not already done so) and the value they add to the financial management of your organisation:

1. Ratio analysis

2. Decision-making techniques, either short or long term, and how they assist managerial behaviour and how the process impacts on the creation of value. 

Part C:

You are required to discuss the benefits of budgeting and planning in organisations, relating this to your experience of the budgeting process and budgetary control in your organisation and its management. You should consider current thinking and any limitations in budgeting practice, before making recommendations for improvements in the process.

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