Formative Submission for Applied Learning Assignment
Directions
The Applied Learning Assignment (ALA) for this module is to write a business report for a company of your choice. , you will complete a Unit Assignment, based on this company’s financial and accounting information, which will form part of the final business report. Each Unit Assignment should:
- Identify relevant material or information important to the analysis.
- Support observations with research and critical thinking.
The Unit Assignment should be maximum 500 words (excluding the reference list), double-spaced in 12 point standard font (Calibri, Arial or Times New Roman). You should use the Harvard referencing style as set out on Cite Them Right Links to an external site..
To complete this assignment, think about an organisation that you have a deep understanding of; it may be your current employer, one you have worked with in the past, or one that you admire.
Once you have completed the assignment, you should self-assess your work using the guidance provided.
To complete the Unit 3 Assignment
This assignment will form the third section of your business report. Choose a public company or a company where you have access to the accounting information.
You will work towards the following module learning outcomes by completing this third part of the ALA:
- MLO2: Examine financial data to mitigate risk and lead initiatives.
Assess a recent project that has been undertaken by the firm. You will not have the information that you need to carry out a full NPV of the firm; however, consider the factors that would have been evaluated to make the decision.
In this element of the ALA you should:
- List the risk factors that would have to be discussed and the forecasts that would have been made by the management team.
- Discuss how this project would fit into the broader long-term strategy of the organisation.
To Self-Assess for This Assignment
Complete the assignment as described above.
Use the assignment rubric to self-assess your work in this assignment.
Read through the rubric and evaluate your own work according to each of the following criteria.
Mark, in your own notes, the degree to which you think you meet the criteria.
To Submit This Assignment in the VLE
Use the self-assessment rubric.
| Criterion 1:
List the risk factors that would have to be discussed and the forecasts that would have been made by the management team. (40%) |
Response includes an expert list of the risk factors that would have to be discussed and the forecasts that would have been made by the management team. |
| Criterion 2:
Discuss how this project would fit into the broader long-term strategy of the organisation. (40%) |
Response includes an expert discussion on how this project would fit into the broader long-term strategy of the organisation. |
| Scholarly Practice:
Identify relevant material or information important to the analysis. Support observations with research (at least three references) and critical thinking. (10%) |
The response thoroughly identifies and incorporates a wide range of highly relevant and diverse materials, sources, and information, ensuring a comprehensive and holistic approach to the analysis.
The response extensively integrates research from a variety of reputable sources, exceeding the requirement of at least three references. It demonstrates exemplary critical thinking by skilfully synthesizing information, addressing nuances, and exploring multiple perspectives. |
| Writing Mechanics:(10%) | The assignment is well-structured and organised, with clear explanations and a logical flow that allows the reader to easily follow the student`s answers.
The assignment is free from major grammatical and spelling errors, and it maintains a high standard of writing quality, ensuring clarity and professionalism in communication. |
To address the risk factors and forecasts management would discuss, it`s helpful to consider both internal and external factors that could affect the business. While the specifics depend on the company or project context, here`s a general list of key risk factors and forecasts commonly considered by management teams:
Risk Factors:
- Market Risks:
- Changes in customer demand and preferences
- Competitive pressures from existing or new entrants
- Price fluctuations in raw materials or supply chain constraints
- Economic downturns or inflation affecting purchasing power
- Financial Risks:
- Fluctuations in currency exchange rates
- Interest rate volatility impacting loans and financial costs
- Cash flow constraints or liquidity problems
- Risk of cost overruns on projects or investments
- Operational Risks:
- Disruptions to supply chains or production lines
- Workforce issues such as strikes, talent shortages, or accidents
- Technological failures or system downtimes
- Compliance with safety standards and regulatory requirements
