ACC00152 Business Finance Assignment 1-Memo to Management

CC00152 Business Finance Assignment 1-Memo to Management

Question

Assignment 1: Memo to Management
Widget Ltd has developed a new
cloud-based service for network managers called ViewAll that continually
monitors a network and displays the results in a handy mobile dashboard. Over
the past year, the company has paid $5 million to research and develop the
technology underlying the software and service model. With research and
development now complete, Widget’s directors must decide the way forward.
Macrosoft has offered to buy the patent rights to ViewAll from Widget. This
sale would result in an immediate net cash flow of $15 million after taxes. In
the past, Widget has usually taken up such offers. However, this time the Board
of Directors wants to explore the viability of Widget running the ViewAll
service itself, rather than selling it.
Last month, Widget paid an external
consultant $200,000 for a demand analysis of the ViewAll service. The
consultant recommended a five year life for the service because competition and
technological change will likely render the service obsolete after that time.
Revenue for the service will come in the form of subscriptions to users.
Subscriptions are estimated as follows:
Year
Estimated subscription volume
1
150,000
2
200,000
3
220,000
4
200,000
5
120,000
In the first year, the price of a
subscription will be $200 per annum and increase to $250 in the second year.
Predicted competition in the market for the final three years of the project
will necessitate maintaining the subscription price at the year 2 level.
Variable service costs are estimated to be $40 per subscription for the entire
life of the project. Additional fixed costs (excluding depreciation and
marketing) for the project are predicted to be $10 million per year and project
marketing costs will be $15 million per year.
Equipment costing $12 million will
have to be purchased. Widget will depreciate this equipment for tax purposes
using a prime cost rate of 20% per annum (applied to the equipment cost) and at
the end of the project expects to be able to sell the equipment for $2 million.
Investment in net working capital
will also be required. It is estimated that accounts receivable will be 10% of
annual sales, while accounts payable will be 5% of total annual variable and
fixed costs (excluding depreciation). Inventory will be negligible for the
ViewAll service. The investment in net working capital will be required from
the beginning of the project because credit sales and purchases will begin
building up immediately. All accounts receivable will be collected and
suppliers paid by the end of the project, thus the investment in net working
capital will be returned by the end of the project’s final year.
Widget’s cost of capital is 10%
and the company is subject to a 30% tax rate. Assume that tax is paid at the
end of the year in which the income is received. The company is not eligible
for any research and development tax deductions. During the project analysis
period(s), Widget is expected to have other sources of taxable income.
Page 1 of 2
A1 ACC00152 S1 2017
Your Task
Your boss, Widget’s CFO Diane
Jones, has asked you to analyse the project and draft a memo to the Board of
Directors providing recommendations, along with supporting analysis.
Diane has outlined three areas
that you must cover in your memo:
1. Estimation of the project’s base case
NPV, with associated supporting detail;
2. Recommendation on the project based on
the base-case analysis;
3. Recommendations on further analyses and
factors that should be considered prior to making a final decision on ViewAll
(but you do not have to undertake further analyses).
She has also asked that you
structure your memo to begin with a (maximum) one page summary of your method,
key findings and recommendations, supported by no more than three additional
pages showing input assumptions, estimated cash flows and supplementary
analysis detail and discussion.
Table format for presenting
numerical analyses is preferable. Ensure that readers will be able to easily
follow what you have done. You may wish to use footnotes under tables that
clarify calculations, details and/or assumptions where this is not clear from
the table itself.
Marking Criteria
This assignment has a 20%
weighting in your overall mark for this unit. It will be marked out of 20.
Marks will be allocated as follows:
Accurate analysis of base case
figures (11.5 marks)
Sound recommendation founded on
base case analysis (1.5 marks)
Insightful recommendations for
further considerations prior to a final decision (5 marks) Memo format and
professionalism of communication (2 marks).
 
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bUsi642 Small Business HR Policy Manual

bUsi642 Small Business HR Policy Manual

Question

Small Business HR Policy Manual
Instructions
Assume that you are a member of an
HR consulting team providing human resource management (HRM) consultation for a
new small business that will have 15–25 employees (full-time and part-time).
The business will open soon, and you are now developing a policy
manual/employee handbook.
Select a minimum of 4 issues that
you will want to include in the policy manual. These issues must correspond
with the general topics addressed in the textbook and supported in the research
paper. For each issue, write a relevant policy that you believe would be needed
in your business. This is not to be an all-inclusive policy manual; you are
only providing a few of the elements of a policy manual for the purpose of this
course.
Write your policy for each issue
and format it the way you would like to include it in your policy manual. Write
a policy that is truly meaningful and useful to you and that reflects your
personal philosophy. You are a strategic partner to the business owner and this
must be an area that you want to make sure to cover. However, do not write it
as a contract between 2 individuals. A policy manual is provided to employees
from the standpoint of the organization.
In addition, include a cover page
that is formatted as if the document were an authentic employee manual (i.e.,
do not format the cover page according to current APA standards).
Your submission for the policy
manual must be 5–6 pages in addition to the cover page. Points will be deducted
for each page over the 6-page limit.
(Note: You are encouraged to spend
time researching other policy manuals to develop an understanding of how
material is formatted and presented to potential employees. However, the policy
manual submission must be completely original work. Cutting and pasting or
utilizing content from other sources is not permitted and will be considered
plagiarism.)
Submit the Small Business HR
Policy Manual by 11:59 p.m. (ET) on Friday of Module/Week 8.
 
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MGT509 Human Resource Management

Module 4 –
Case

TOTAL REWARDS; EMPLOYEE & LABOR RELATIONS; GLOBAL HR
Assignment Overview
Read The King Company Background and Total Rewards to review
information on the Company.
Case Assignment
Address the following in an essay format which includes an
introduction and conclusion (not a Q & A format):
• Companies
often have several policies on time away from work. What are some examples of
time away from work policies found in private-sector organizations today?
Provide employer names from your research.
• Click on
the video below to learn about “unlimited vacation” jobs where employees could
go to work whenever they feel like it.
(CBS This Morning, 2015)
• As you
see in the video above, some employers have an “unlimited” vacation
policy. Others have an “Employee Time-Off Policy” that allows
employees a set number of paid days off regardless of the reason (instead of
individual absenteeism, sick days, vacation, short-term leave, long-term leave,
FMLA, and other policies). Would it be better for the King Company to have an
Employee Time-Off Policy, something similar to the unlimited vacation policy
discussed in the video above, or something else? Why? Support your response
with research.
Utilize information from at least two Trident Online Library
sources to help strengthen and validate your discussion.
Paper length: 3-4 pages (not counting the cover and
reference pages).
Provide private-sector employer examples of HRM programs,
systems, processes, and/or procedures as you address the assignment
requirements. Provide names of the employers. Use different employer examples
in this course than what have been used previously in your other papers and
courses.
Bring in related court case decisions to help augment your
discussion, if applicable.
Make reasonable, cost-effective assumptions in your paper.
It is not an option, however, for you to hire additional help (temporary or
otherwise). State your assumptions in the beginning of your discussion.
Assignment Expectations
Your paper will be evaluated using the criteria as stated in
the Case rubric. The following is a review of the rubric criteria:
• Assignment-Driven:
Does the paper fully address all aspects of the assignment? Is the assignment
addressed accurately and precisely using sound logic? Does the paper meet minimum
length requirements?
• Critical
Thinking: Does the paper demonstrate graduate-level analysis, in which
information derived from multiple sources, expert opinions, and assumptions has
been critically evaluated and synthesized in the formulation of a logical set
of conclusions? Does the paper address the topic with sufficient depth of
discussion and analysis?
• Business
Writing: Is the essay logical, well organized and well written? Are the
grammar, spelling, and vocabulary appropriate for graduate-level work? Are
section headings included? Are paraphrasing and synthesis of concepts the
primary means of responding, or is justification/support instead conveyed
through excessive use of direct quotations?
• Effective
Use of Information: Does the submission demonstrate that the student has read,
understood, and can apply the background materials for the module? If required,
has the student demonstrated effective research, as evidenced by student’s use
of relevant and quality sources? Do additional sources used provide strong
support for conclusions drawn, and do they help in shaping the overall paper?
• Citing
Sources: Does the student demonstrate understanding of APA Style of
referencing, by inclusion of proper citations (for paraphrased text and direct
quotations) as appropriate? Have all sources (e.g., references used from the
Background page, the assignment readings, and outside research) been included,
and are these properly cited? Have all sources cited in the paper been included
on the References page?
• Timeliness:
Has the assignment been submitted to TLC (Trident’s learning management system)
on or before the module’s due date?
MGT509
Human Resource Management

Module 4 – SLP
TOTAL REWARDS; EMPLOYEE & LABOR RELATIONS; GLOBAL HR
Click both The King Company Background and Employee
Relations to review information on the Company.
Also read The Correct Way to Terminate an Employee.
Assignment
Address the following issues in an essay format which
includes an introduction and conclusion (not a Q & A format). Utilize
information from readings and research to help strengthen and validate your
writing.
• What should have taken place before the decision was made to terminate Lyle Jones
(email 5)? What should be done now regarding Lyle’s termination?
• Concerning
Tonia Putt’s termination (email 9) what should be done now?
Utilize information from at least 2 Trident Online Library
sources to help strengthen and validate your discussion.
Provide private-sector employer examples of HRM programs,
systems, processes, and/or procedures as you address the assignment
requirements. Provide names of the employers. Use different employer examples
in this course than what have been used previously in your other papers and
courses.
Bring in related court case decisions to help augment your
discussion, if applicable.
Paper length: 2-3 pages (not counting the cover and
reference pages).
SLP Assignment Expectations
Your paper will be evaluated using the criteria as stated in
the SLP rubric. The following is a review of the rubric criteria:
• Assignment-Driven:
Does the paper fully address all aspects of the assignment? Is the assignment
addressed accurately and precisely using sound logic? Does the paper meet
minimum length requirements?
• Critical
Thinking: Does the paper demonstrate graduate-level analysis, in which
information derived from multiple sources, expert opinions, and assumptions has
been critically evaluated and synthesized in the formulation of a logical set
of conclusions? Does the paper address the topic with sufficient depth of
discussion and analysis?
• Business
Writing: Is the essay logical, well organized, and well written? Are the
grammar, spelling, and vocabulary appropriate for graduate-level work? Are
section headings included? Are paraphrasing and synthesis of concepts the
primary means of responding, or is justification/support instead conveyed
through excessive use of direct quotations?
• Effective
Use of Information: Does the submission demonstrate that the student has read,
understood and can apply the background materials for the module? If required,
has the student demonstrated effective research, as evidenced by student’s use
of relevant and quality sources? Do additional sources used provide strong
support for conclusions drawn, and do they help in shaping the overall paper?
• Citing
Sources: Does the student demonstrate understanding of APA Style of
referencing, by inclusion of proper citations (for paraphrased text and direct
quotations) as appropriate? Have all sources (e.g., references used from the
Background page, the assignment readings, and outside research) been included,
and are these properly cited? Have all sources cited in the paper been included
on the References page?
• Timeliness:
Has the assignment been submitted to TLC (Trident’s learning management system)
on or before the module’s due date?

 
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COMPARE THE MANAGEMENT OF PHYSICAL AND HUMAN RESOURCES IN DIFFERENT SECTORS

Resource Management Sample Assignment

You are employed as a researcher for the Department for Environment, Food and Rural Affairs in the UK.  Funding has been provided for a study of resource management in organisations.  The aim is to compare the management of physical and human resources in different sectors.
Your role is to carry out research into profiled organisations representing different sectors.   You will then choose a specific organisation to carry out further research.
You will present your research findings in a report.
You will find brief profiles of three businesses in Appendix 1 and a more detailed analysis of an organisation in Appendix 2.  In order to ensure your report is comprehensive you will need to carry out supplementary research into similar businesses in these sectors to ensure you provide detailed findings.

Task 1

In the first part of your report you must:

  • Analyse the differing resource requirements of the three profiled businesses in different sectors. (AC 1.1)
  • Explain the importance of resource management and how this is achieved within organisations. (AC 1.2)

Distinction task
To achieve a Distinction you must:
Evaluate internal and external factors which impact on resource management. (AC 1D1)

Task 2

In this part of the report, you should explain the importance of the effective use of physical resources by providing:

  • An evaluation of how the use of physical resources is monitored and managed
  • An evaluation of the measures to reduce the impact of resource wastage
  • An assessment of the costs of high profile technological failures
  • An assessment of the business case for the use of ethical and sustainable resources.

You should give examples from each sector that relate to the organisations profiled.
(AC 2.1, 2.2, 2.3 and 2.4).
Merit task
To achieve a Merit you must:
Evaluate recent high-profile cases of resource wastage and their impacts
(AC 2M1)

Task 3

Referring to the profiled businesses or similar organisations, provide a section in the report on how to use human resources effectively.
Include:

  • An assessment of the need for human resource planning in the workplace
  • An evaluation of the methods used to monitor and improve employee performance
  • An assessment of the effectiveness of reward systems in different contexts.

(AC 3.1, 3.2, 3.3).
Distinction task
To achieve a Distinction you must:
Evaluate the impact of employee engagement in an organisation you have researched (AC 3D1)

Task 4

For this section of your report, you will need to explain the data required to make judgements on the effective use of human and physical resources.  You can use the case study provided in Appendix 2 to assist you.  When using the case study you must ensure that you utilise all of the information provided.
In this section of the report, you will:

  • Explain the data needed to review and make judgements on employee performance
  • Explain the data needed to review and make judgements on the utilisation of physical resources

(AC 4.1, 4.2).
Merit task
To achieve a Merit you must:
Use examples to evaluate how resource management practices have contributed to business success or failure (AC 4M1)

Guidelines for assessors

Work submitted by learners must achieve the learning outcomes and meet the standards specified by the assessment criteria for the unit. To achieve a merit or distinction grade, the learners must demonstrate that they have achieved all the criteria set for these grades. Where work for the pass standard is marginal, assessors can take account of any extension work completed by the learners. The suggested evidence listed below is how learners can demonstrate that they have met the required standards.

Task  number Learning   outcomes andassessment criteria Suggested evidence
1. LO1AC1.1, 1.2,
1D1
In this section of the written report the learner must provide a thorough analysis of resource requirements related to businesses in different sectors of the economy. Learners can refer to the case studies provided but they should exemplify their work by using examples from other organisations to demonstrate understanding required by the LO.Distinction candidates will evaluate a range of internal and external factors impacting on resource management. The evaluation should consider the factors in turn and their impact on organisations. The evaluation should lead to judgements
2. LO2AC 2.1, 2.2, 2.3, 2.4,
2.5, 2.6
2D1
The evaluation should clearly show how        the use of physical resources is monitored and managed.  The learner must use examples to illustrate their understanding of this topic. The evaluation of measures to reduce resource wastage should include the impact on businesses and the wider environment. The assessment must make use of current examples of high profile technological failures and in addition there must be a full assessment of the range of different costs involved in failure. The business case should include a range of different benefits. Examples should be used to demonstrate understanding of this issue.The work for the Merit standard must be a balanced evaluation of  recent high profile cases of resource wastage and this should lead to realistic proposals for how waste can be used as a resource. The learner should use examples to illustrate the points which are made.
3 LO3AC 3.1, 3.2, 3.3,
3D1
In this section of the report the learner should demonstrate their understanding of maximising the effectiveness of resource management. Their assessment of human resource planning must clearly show its importance for business effectiveness. A number of motivational theories should be referred to. A range of methods to monitor employee performance must be included and the evaluation must show the strengths and weaknesses of the different approaches. There must be an assessment of the impact of different reward systems in differing contexts and judgements made on their effectiveness.A Distinction candidate will evaluate how employee engagement can impact on an organisation, both positively and negatively.
4 LO4AC 4.1, 4.2,
4M1
In this section of the report, the learner will provide a detailed explanation of the data needed to make judgements on employee performance and the utilisation of physical resources. The learner may use the case study provided or alternative information which has been researched.Merit candidates will extend their work and  evaluate the application of resource management practices and their contribution to business success or failure.  The learner must refer to named examples.

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Business 1 is an agricultural business in the primary sector.
‘Stems’ is a family business based on the concept of ‘picks your own produce’.  Four family members are permanent employees of the company and seasonal workers are hired as needed.  Some of the seasonal workers are students who need accommodation and this is provided on site in a number of wooden lodges and caravans.
The season lasts from June to October.  The main crop is strawberries but there are 20 crops in all and the family is hoping to expand on this range.  The crops cover 50 acres. Facilities are provided to attract customers and these include car parking, toilets, baskets/ boxes for the picked crops, a shop with snacks and drinks and a picnic area.
The farm has its own reservoir to provide water for irrigation.  A series of drains and filters carry the water to the crops.
A new development has been to make picking easier by growing plants in troughs filled with peat.  The troughs are supported by a steel structure. This gives the troughs height so that customers do not have to bend to pick the crops. It also reduces crop damage from pests such as slugs and woodlice.
Business 2 is an engineering business in the secondary sector.
AluPan is a private limited company run by two friends and business partners. The business consists of a factory manufacturing lightweight panel systems for ships, planes and rail cars. The panels are made of aluminium.
The factory relies on lightweight panel technology and specialist machinery. There are 10 factory staff who provide the necessary labour. They are relatively unskilled and can be quickly trained in the factory process. In addition the company employs 3 administration staff who answers the telephone, deal with initial queries and invoicing using systems set up on the computers in the office. Sales are handled by the partners.
Business 3 is a call centre operating in the tertiary sector on a 24/7, 365 days a year basis.
Spirus provides a professional telephone answering service for a range of organisations.
The centre employs 100 telephonists who each require 2 weeks training to be fully operational and some staff who are dealing with emergency issues for organisations have additional training.
The business is heavily dependent on technology using:

  • CallScriptor software which creates scripts for agents
  • web based technology which uses a client’s database on the call centre’s server
  • an interactive voice response system with a menu of options, messages and music
  • call recording

Appendix 2
A case study for International Meducare
Context
International Meducare is a not for profit, voluntary organisation operating in the tertiary sector, which exists to provide global and humanitarian aid in order to support individuals, relieve their suffering and save lives. The head office is based in Cambridge, United Kingdom. The organisation moves quickly in an emergency situation, liaising with other aid agencies, so that people in need can be reached swiftly. In addition a key focus of the aid is to provide training to the indigenous population, where the problems exist, so that the initial intervention is sustained and self-reliance is developed.
The training provided can be varied.  Depending on the need it can focus on re-establishing health care systems, improving farming techniques, working with local people to build irrigation networks or drainage systems, developing craft production networks or funding bursaries for aspiring entrepreneurs and managers. In carrying out this work International Meducare will work with the local communities their leaders and politicians.
International Meducare is committed to ensuring that all the work of its staff both in the head office and in the programmes themselves is of the highest quality.  The work of individual staff is carefully monitored and each relief programme has built-in monitoring and evaluation processes, so that the organisation can learn from what has worked well, whilst also identifying the areas for development.  In these monitoring and evaluation processes the organisation also ensures that the deployment of all physical resources including medicines is managed, so that they are cost effective and performance measures and procedures are in place.
International Meducare aims to work openly, be transparent with stakeholders and be accountable for everything it does.  The organisation works to the voluntary, self-monitoring Code of Conduct for the International Red Cross and Red Crescent Movement and NGOs in Disaster Relief.  International Meducare also pledges to work to the Sphere Project – Humanitarian Charter and Minimum Standards in Disaster Response.
In recent years International Meducare has sold on-line some of the craft products produced by people in the countries where the organisation is working. There is also merchandise including an annual calendar and Meducare tee shirts, caps and flip flops.
Resources
Given its purpose, International Meducare is labour intensive and the physical resources needed are broad ranging and can be expensive, particularly where medicines are required. These are often needed in volume and at short notice. Meducare has a distribution centre to the north of Cambridge near the motorway and main road networks.  This centre has stocks of items such as blankets, tents, dried food and non-perishable medical supplies.  There are monthly stock takes of all items and the data is used to predict how well the organisation is prepared to deal with an emergency situation. Information from the stock take is analysed by the Logistics Department and decisions about additional supplies are taken there. Managers who have responsibility for specific and planned international initiatives have authority to access the materials held at the distribution centre and items used are charged to their individual delegated budgets.
Staff at International Meducare are employed in a full time or part time capacity and there are also volunteers. There are 2,100 staff in total who are currently working in 19 countries but this number increases when there is an emergency as more part time staff and volunteers are recruited. Staffing at the head office in Cambridge is 25. These posts are focussed on management positions at a strategic and operational level, so there is an overview of all the current programmes.  Some staff focus purely on logistics and responding to any new emergencies.
Appointing, training and monitoring the performance of these staff is key to successful operation of the organisation and the individual projects. All staff participate in an induction programme which includes job role specific elements. In addition staff have monthly one to one meetings with line managers and there are formal appraisal processes. All of these meetings are based on qualitative and quantitative evidence and directly relate to the job role in general and specific tasks and/or projects which have taken place in the recent time period.  The meetings lead to project and personal learning and development targets as appropriate to the individuals concerned.
Managing the income and costs associated with the work at Meducare is critical.  Budget holders are responsible for managing the spend on their delegated budgets with sign-off limits set for different management levels. This means that anything of significant cost must be agreed with the CEO for the organisation. Monthly management accounts are produced by the Finance Department and these are sent to budget holders irrespective of where they are working in the world.
In preparation for a round of appraisal interviews the Head of HR has generated some information for staff, which is attached.

Aspects of International Work

Meducare’s main in-country projects in recent years have been varied. Two examples have been working on issues regarding water and sanitation and gender based violence.  All charities are challenged to demonstrate the difference that is made in real terms and the impact of their work and this is also the case for Meducare.
The KPIs for these initiatives were:

  1. The number of countries where work has taken place.
  2. The total number of projects.
  3. The number of local people trained.
  4. The number of Meducare people involved in the intervention.
  5. The cost per head of training for local people and Meducare field staff.
  6. Cost of production for information materials associated with the projects.
  7. Cost of waste of unused information materials.
  8. Cost of water treatment chemicals.
  9. Cost of materials for drilling wells and managing the flow of water.
  10. Money spent on chemicals for dealing with human waste.
  11. Reduction in the number of cases of disease caused by poor water and sanitation.
  12. Reduction in cases of gender violence over a 12 month period.
  13. The proportion of income spent on head office administration and salaries in comparison to total income.
  14. The number of self-help projects emerging from the original intervention.
  15. The profit gained from sales merchandise.

However KPIs will not necessarily show how good or bad the work has been and this needs full consideration, in order to fully understand the impact and sustainability of the intervention.

 
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