N201 Management Decision Making Assignment -Salford Manchester University UK

N201 Management Decision Making Assignment details

Mancunian Manufacturing & Marketing, Plc. task

Assessed intended learning outcomes of N201 Management Decision Making Assignment

On successful completion of this assessment, you will be able to:

Knowledge and Understanding.

  1. Evaluate management accounting techniques
  2. Critically evaluate and recommend different models of management accounting decisions
  3. Prepare a management decisions report for a multinational company

Practical, Professional or subject Specific Skill

  1. Analyse management decisions in response to market behaviour
  2. Practice numeracy & critical thinking
  3. Work with individual intuitive

Transferable/Key Skills and other Attributes.

  1. Engage in problem-solving
  2. Effective use of written communications
  3. Location of information
  4. Construction of references/ bibliography using Harvard referencing
  5. Development of presentational skills
N201 Management Decision Making

Case for discussion and reporting

Mancunian Manufacturing & Marketing, Plc. Activity-Based Costing (ABC)

Before the annual year budget review, Simon Black, Mancunian Manufacturing & Marketing’s (MM&M) Director of operations, was confident. While he waited for the latest financial estimates, he thought of the plan he and his staff had methodically prepared, which successfully addressed all the crises this new business unit was facing: developing competitive pricing on an ageing product, developing and marketing new products to external customers against an established market leader,
reducing manufacturing costs, improving manufacturing utilisation and improving its slim levels of profitability.

When Adam White, MM&M’s controller, solemnly delivered the requested pro forma income statements, Simon’s mood changed dramatically. Instead of sustained profit, Simon was shocked to see significant projected operating losses. He wondered why his extensive planning had not improved MM&M’s 2017 and 2018 financial results. With less than 24 hours before he was to offer senior management a viable business plan, he felt abandoned and hopeless.

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