Business Finance/Financial Management

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

  1. This Assignment is to be completed in groups of 2 students. Each group is to make only one submission.
  2. The assignment contributes 20% of the final mark in this subject Total marks 20
  3. The assignment should be around 2,400 words; it must be type‐written (e.g. MSWord). It should include a standard Cover Sheet.
  4. 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.
  5. 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.
  6. You should ensure that you keep a hardcopy and an electronic copy of their assignment.

NOTE:

  1. 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.
  2. Word count – 10% over the word count or more will attract a penalty of 5%.
  3. Hard copies and emailed copies will not be marked.
  4. 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:

  1. 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
  2. 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
  3. 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
  4. 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 informationMost keySome key information onMost of the key
Identification ofon business functions,information onbusiness functions,business
key business functions, customers, revenue sources,customers, revenue sources, expenditures, and competitors are identified properly.business functions, customers, revenue sources, expenditures, andcustomers, 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 fundMost sources of fundMost sources ofSome sources of fund andMost sources of
Sources of fundand application ofand application offund andapplication of fund arefund 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 withidentified but not elaborated.application of fund are not identified.
   sufficient details;  
   some reasons  
   provided.  
Q3:All changes to theMost changes to theMost changes toSome changes to theMost changes to
Changes to thecompany’s financingcompany’s financingthe company’scompany’s financingthe 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 globalA few major global factorsOnly 1‐2 major
Major globalfactors impactingimpacting the company’sglobal factors
factors impacting financial performance (10 marks)the company’s financial performance in the last 3‐4 years have beenfinancial 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.  
PresentationDemonstrates logicalDemonstrates logicalDemonstratesProvides simple ideas;Poor sentence and
 ideas and presentideas and presentlogical ideas butparagraphs are not wellparagraph
 those ideas in properlythose ideas inparagraphs aredeveloped; transitionsconstruction;
 sequenced sentencesproperly sequencednot wellbetween the paragraphs aretransitions
 and well‐developedsentences and well‐developed;not used to enhance thebetween the
 paragraphs;developedtransitionsorganization of the Report.paragraphs are not
 transitions betweenparagraphs;between theDid not follow prescribedused to enhance
 the paragraphs aretransitions betweenparagraphs areformat properly. Cover sheetthe organization of
 used to enhance thethe paragraphs arenot used tois included, it is incompletethe Report.
 organization of thesomewhat weaklyenhance theand it has some errors.Did not follow
 Report.used to enhance theorganization of prescribed format
 Followed prescribedorganization of thethe Report. at all. Cover sheet
 format. Cover sheet isReport.Did not follow is incomplete and
 included, and it isDid not followprescribed format with errors.
 complete and errorprescribed formatproperly. Cover  
 free.properly. Cover sheetsheet is included,  
  is included, and it isit is complete but  
  complete and errorit has some  
  free.errors.  
ReferencesProvided in correctProvided in correctProvided inBoth format and sourceIncorrect format.
 format and with noformat but with fewcorrect formatinformation are somewhatDoes not provide
 errors in sourceerrors in sourcewith some errorsincorrect. Includes 2 majorsource information
 information. Includesinformation. Includesin sourcereferences (e.g. journaladequately.
 more than 3 major3 major referencesinformation.articles, books, but no moreEvidence of errors.
 references (e.g.(e.g. journal articles,Includes 3 majorthan 1 from internet sites).Includes less than 2
 journal articles, books,books, but no morereferences (e.g. major references
 but no more than 1than 2 from internetjournal articles, (e.g. journal
 from internet sites).sites).books, but no articles, books).
   more than 2 from  
   internet sites).  
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