DEPARTMENT OF BUSINESS AND CONSTRUCTION
BAC221/BBS206/BHM206
Business Finance/Financial Management Semester 1, 2021
Assignment
NOTE: THE DUE DATE IS FRIDAY 28 MAY 2021 11:59 PM MELBOURNE TIME
- This Assignment is to be completed in groups of 2 students. Each group is to make only one submission.
- The assignment contributes 20% of the final mark in this subject Total marks 20
- The assignment should be around 2,400 words; it must be type‐written (e.g. MSWord). It should include a standard Cover Sheet.
- The due date for this assignment is 11:59 pm (Melbourne time) on 28 May 2021. If you have any problems with submitting the assignment on time, please contact Dr Omar Bashar immediately.
- Only one submission is required per group. Make sure all names and students ids are on the assignment Cover Sheet. Multiple submissions by more than one group member will result in 100% similarity result in Turnitin (implying a zero mark for the assignment), so be aware of this. The person submitting the assessment must email a receipt of submission to each group member.
- You should ensure that you keep a hardcopy and an electronic copy of their assignment.
NOTE:
- Groups (partnership) must be approved by the lecturer. Those that are not in a group will be placed in a group by the lecturer. If you do not submit within the approved group, your assessment will not be marked.
- Word count – 10% over the word count or more will attract a penalty of 5%.
- Hard copies and emailed copies will not be marked.
- Multiple copies on Turnitin will attract a penalty of 20%
Instructions
This is a real‐world case study‐based assignment. Follow the steps and answer the questions below:
Step 1
Choose 3‐4 companies listed in the Australian Stock Exchange (ASX) Ltd. Have a quick look at their recent annual report, website, and management report, etc. Do they have sufficient information about their performance in recent years (say, 2017‐2020)? If yes, you can nominate these companies and send an email to the subject coordinator (Dr Omar Bashar) for approval to do your assignment on them. It must be done by week 3 class of the semester.
Step 2
The subject coordinator will approve only one company from those you have selected. You will do your assignment on the approved company only. You should not start working on your chosen company without prior approval from the subject coordinator.
Please note that no two groups will have the same company in the assignment. Each group will work on a different company.
Step 3
Once your selected company is approved, download its annual report, management report, and any other relevant document from ASX website and the company’s website. You may also collect some information about the company from other authentic (well known) secondary sources.
Step 4
Read the collected information in step 3 above, and answer the following questions:
- What are the main business functions of the company? Its main revenue sources, expenditures and customers? Who are the company’s major competitors? 10 marks
- List and elaborate on the sources of funds and applications of funds of the company. In your answer, discuss why management has chosen finance activities from those sources of funds. 8 marks
- Have there been any changes to the company’s financing strategies in the last few years? If yes, in what context? In your answer, explain what may have prompted changes in the companies financing strategies and what internal planning and decision making processes may have been used in guiding these strategies. 12 marks
- Explain any major global factors that might have impacted financial performance of the company in the last 3‐4 years. Do you find these global factors impacting governance and ethical issues in the company’s financial decision making process? 10 marks
Marking Criteria (Rubric) for Assessment 3 (Assignment) is given in the next page.
Marking Criteria (Rubric) for Assessment 3 (Assignment)
| High Distinction (80%‐100%) | Distinction (70%‐79%) | Credit (60%‐69%) | Pass (50%‐59%) | Fail (0%‐49%) | |
| Q1: | A comprehensive set of key information on business functions, customers, revenue sources, expenditures, and competitors are identified properly. | Most key information | Most key | Some key information on | Most of the key |
| Identification of | on business functions, | information on | business functions, | business | |
| key business functions, customers, revenue sources, | customers, revenue sources, expenditures, and competitors are identified properly. | business functions, customers, revenue sources, expenditures, and | customers, revenue sources, expenditures, and competitors are identified properly. | information are not identified. | |
| expenditures, | competitors are | ||||
| and competitors | identified with | ||||
| (10 marks) | sufficient details. | ||||
| Q2: | All sources of fund | Most sources of fund | Most sources of | Some sources of fund and | Most sources of |
| Sources of fund | and application of | and application of | fund and | application of fund are | fund and |
| and application of fund (8 marks) | fund are identified and explained with reasons properly. | fund are identified and explained with reasons properly. | application of fund are identified with | identified but not elaborated. | application of fund are not identified. |
| sufficient details; | |||||
| some reasons | |||||
| provided. | |||||
| Q3: | All changes to the | Most changes to the | Most changes to | Some changes to the | Most changes to |
| Changes to the | company’s financing | company’s financing | the company’s | company’s financing | the company’s |
| company’s financing strategies (12 marks) | strategies are identified properly. | strategies are identified properly. | financing strategies are identified with sufficient details. | strategies are identified properly. | financing strategies are not identified. |
| Q4: | All major global factors impacting the company’s financial performance in the last 3‐4 years have been explained with examples. | A few major global factors impacting the company’s financial performance in the last 3‐4 years have been explained with examples. | All major global | A few major global factors | Only 1‐2 major |
| Major global | factors impacting | impacting the company’s | global factors | ||
| factors impacting financial performance (10 marks) | the company’s financial performance in the last 3‐4 years have been | financial performance in the last 3‐4 years have been identified but examples are not specific. | impacting the company’s financial performance in the last 3‐4 years have been identified | ||
| identified but | without much | ||||
| examples are not | elaboration. | ||||
| specific. | |||||
| Presentation | Demonstrates logical | Demonstrates logical | Demonstrates | Provides simple ideas; | Poor sentence and |
| ideas and present | ideas and present | logical ideas but | paragraphs are not well | paragraph | |
| those ideas in properly | those ideas in | paragraphs are | developed; transitions | construction; | |
| sequenced sentences | properly sequenced | not well | between the paragraphs are | transitions | |
| and well‐developed | sentences and well‐ | developed; | not used to enhance the | between the | |
| paragraphs; | developed | transitions | organization of the Report. | paragraphs are not | |
| transitions between | paragraphs; | between the | Did not follow prescribed | used to enhance | |
| the paragraphs are | transitions between | paragraphs are | format properly. Cover sheet | the organization of | |
| used to enhance the | the paragraphs are | not used to | is included, it is incomplete | the Report. | |
| organization of the | somewhat weakly | enhance the | and it has some errors. | Did not follow | |
| Report. | used to enhance the | organization of | prescribed format | ||
| Followed prescribed | organization of the | the Report. | at all. Cover sheet | ||
| format. Cover sheet is | Report. | Did not follow | is incomplete and | ||
| included, and it is | Did not follow | prescribed format | with errors. | ||
| complete and error | prescribed format | properly. Cover | |||
| free. | properly. Cover sheet | sheet is included, | |||
| is included, and it is | it is complete but | ||||
| complete and error | it has some | ||||
| free. | errors. |
| References | Provided in correct | Provided in correct | Provided in | Both format and source | Incorrect format. |
| format and with no | format but with few | correct format | information are somewhat | Does not provide | |
| errors in source | errors in source | with some errors | incorrect. Includes 2 major | source information | |
| information. Includes | information. Includes | in source | references (e.g. journal | adequately. | |
| more than 3 major | 3 major references | information. | articles, books, but no more | Evidence of errors. | |
| references (e.g. | (e.g. journal articles, | Includes 3 major | than 1 from internet sites). | Includes less than 2 | |
| journal articles, books, | books, but no more | references (e.g. | major references | ||
| but no more than 1 | than 2 from internet | journal articles, | (e.g. journal | ||
| from internet sites). | sites). | books, but no | articles, books). | ||
| more than 2 from | |||||
| internet sites). |
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