UNIT 2: MANAGING FINANCIAL RESOURCES AND DECISIONS Unit 2: Unit code: QCF level: Credit value: Aim Managing Financial Resources and Decisions H/601/0548 4 15 credits The unit aim is to provide learners with an understanding of where and how to access sources of finance for a business‚ and the skills to use financial information for decision making. Unit abstract This unit is designed to give learners a broad understanding of the sources and availability of finance for a business organisation
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QCF Level: Assignment No/Title Tutor/Assessor Written By Essex International College BTEC HND in Business Unit 2 Managing Financial Resources and Decisions 4 Credit: 15 H/601/0548 Subway Please Provide Tutor Name Here /Assessor Panel Dr Keith Hoodless To meet LO 1 Assessment method To meet LO 2 To meet LO 3 Written Report not exceeding (excluding financial data/analysis) 2500 words To meet LO 4 Key dates: Assignment distribution date to learners Assignment submission
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HND BUSINESS MANAGEMENT MANAGING FINANCIAL RESOURCES AND DECISIONS (MFRD) TEACHER: MR DAVID KINGSTON ST PATRICK’S COLLEGE RIYADH ALAWAMI GROUP C2 Student no 21201099 1 FINANCIAL REPORT LONDON WOODS FEBMAY 2013 By Riyadh Alawami 2 TABLE OF CONTENTS
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TASK 1‚ SOURCES OF FINANCE Identify the sources available to the Business 4-4 Implications of different Sources of Finance 5-10 Choosing the appropriate source of finance for the business 10-10 TASK 2‚ FINANCE AS A RESOURCE 2.1 Assessing and comparing the cost of selected sources of Finance 11-12 2.2 Importance of Financial Planning 13-13 2.3 Information needs of different decision makers 14-15 TASK 3‚ FINANCIAL DECISIONS 3.1 Analyzing of budgets and making appropriate decisions 16-16 3
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Managing Financial Resources & Decisions Assessment Tansy Addis STU34029 1a when considering setting up an organisation there are a number of factors that should be considered. Depending on these factors will determine how your business will be set up‚ the three main types of business being Sole Traders‚ Partnerships and Limited Companies. Sole Proprietors - This business is wholly owned by one person only and will usually be financed
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Managing Financial Resources & Decisions By: * * Introduction Top of FormBottom of Form | In this report we are going to help Mr T Jones to start his fast food restaurant in Manchester. Mr T. Wants to start a franchise restaurant Wimpy and needs help with the financial resources and planning part. Step one‚ there are different souses of finance and it’s divided into internal and external finance‚ money that comes from within a company and the
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implications of finance as a resource within a business 2 Introduction In this essay I will be discussing and understanding of where and how to access sources of finance for a business‚ and the skills to use financial information for decision making. Finance is essential for a business’s operation‚ development and expansion. Finance is the core limiting factor for most businesses and therefore it is crucial for businesses to manage their financial resources properly. Finance is available to
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Managing Financial Resources and Decisions-HND Assignment HND Assignment Managing Financial Resources and Decisions Scenario: Emaar Properties on Sunday announced to build a new hotel in Downtown area and that will be the second tallest property in the high-end area‚ according to chief executive officer for retail Arif Amiri. Amiri did not disclose value of the project and even declined to give the sale price. “We will announce the price at public launch on September 22‚” he told reporters at
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The financial difficulties in 1997 make Summer Investment Limited understand the importance of financial management. In view of the global financial fragility‚ Summer’s board of directors would like to take a review on the financial status of the company. As an independent business consultant‚ you have to write a formal business report to the Management to address the following issues: a) Identify the sources of short/medium and long term finances available to Summer now and in near future
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Introduction Success of any company can be attributed to many factors. Financial management is one such vital factor. A company requires finance not just to start a business but also to operate a business‚ to expand its operations and to modernise it. Therefore it can be said for sure that “Finance is the life blood of business” (Donegan‚ p.53). In nutshell the term financial management indicates “money management”. Financial managers spend a good section of their working hours in developing investment
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