An Evaluation of the Management of Bagco Nigeria Plc Working Capital and Its Impact on the Organisation's Funding Strategies Between 1st April 2006 to 31st March 2008

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OXFORD BROOKES UNIVERSITY, LONDON

SKILLS AND LEARNING STATEMENT

ON THE RESEARCH REPORT OF

AN EVALUATION
OF
THE MANAGEMENT OF BAGCO NIGERIA PLC
WORKING CAPITAL AND ITS IMPACT
ON THE ORGANISATION’S FUNDING STRATEGIES
BETWEEN 1ST APRIL 2006 TO 31ST MARCH 2008

SUBMITTED TO OXFORD BROOKES UNIVERSITY
IN PARTIAL FULFILMENT OF THE AWARD OF
B.SC. (HONS.) IN APPLIED ACCOUNTING

BY

xxxxxxxxxxxxxxxxxxxxxxx
ACCA REG NO.

OCTOBER 2009

WORD COUNT: 1,819

WHAT DID YOU LEARN FROM THE MEETINGS WITH YOUR PROJECT
MENTOR?

I have since learnt that in other to be successful in any endeavour, planning should be the first step. The approach taken to my project and with the meeting I initially had with my mentor was planning the entire project approach from start to finish in detail. I was advised by my mentor not to pick an easy project topic but one which I naturally have interest in. Following this advice has not only given me a satisfying research but one that has changed my view of business in theory and in practical aspect.

Part of the issues that affects planning is unforeseen circumstances beyond control. Such an event happened which disrupted our plans but out of it came an opportunity to learn the importance of been flexible and realistic with plans and also creating a back up. Although it slowed down the progress, my mentor and I were effectively able to manage this issue, and ultimately our targets were met in due course.

I am a meticulous person when it comes to handling projects in every facet of live and takes note of every detail. This has been an area where I had to call on this skill during my project, effectively managing my time was vital in seeing my project through to completion, also considering my project mentor whose time I had a privilege of, as he was a very busy man due to the nature of his job and who had to be carried along through every stage of the project work, for this reason I had to start my project early enough even before exam results came out to confirm I was through with ACCA level 2 papers. I learnt negotiating time with people even when I couldn’t have it, meeting target and also respecting other people’s time. My project mentor was very willing to listen attentively whenever I contacted him thus, in the process I was able to learn about effective listening skills as we communicated. I learnt that listening attentively would enable one to give the appropriate feedback to whoever was the audience, this skill I exercised during my presentation. This was a day I was really looking forward to, as I generally love public speaking and this time I had to use PowerPoint and to an audience of 10 in discussing my research work. My presentation was like a new stepping stone to the world of business, this I confirmed from my audience who loved every bit of it.

The future they say belongs to those who ask questions, although I have been in a position of leadership for years in my little community, I appreciate those who question the order of things because, in this I believe lies the secret to great men who have changed the world. I learnt to put to use the habit of regularly asking questions when am in doubt of my findings during my research work. Normally I would prefer to keep searching for the answer by myself until I find it, but in this case asking questions helped solved a lot of problems and cleared doubts.

In addition to all that I have learnt, I learnt not to feel bad when criticised. This had the tendency of happening when I put my work progress before my mentor, considering the effort put into it only for it to be criticised by him. However, his constructive criticism of my work helped me to see the reason as to what went wrong, without necessarily making me feel exhausted. Instead I saw an opportunity to strive at excellence and produce the best of me.

HOW WELL DO YOU THINK YOU HAVE ANSWERED YOUR RESEARCH
QUESTIONS?

I strongly believe...
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