Accounting & Financial Control
Accounting & Financial Control
Requirements:
You have undertaken research work and presented in your project team to the management board, as requested by the Chief Operating Officer (project provided)
As a result of this work, you have now been personally asked to evaluate an existing product or business unit that has not been performing well and is affecting the competitive advantage for your chosen company over its key competitor. You must use your imagination to come up with (and build a financial case for) a suitable existing product or service.The management board would like to either save £5 million for the discontinuation of such the product or business unit or provide £5 million for the improvement
Prepare a report which provides the Chief Operating Officer with the information requested:
Content
Description of the existing product or business unit concerned
Explanation and evaluation of how the existing product or business unit is affecting the competitive advantage:
An investment appraisal to demonstrate that the existing product or business unit is affecting the competitive advantage.
A clear schedule showing forecast data (including income, expenditure and cash flows)
Evaluation of financial management tool which could be used to evaluate the existing product or business unit.
