BE111: Choose a registered company in Singapore to discuss the challenges it encountered during the Russia and Ukraine conflict. Provide also any potential solutions to mitigate the challenges and how it has changed their business model. Management Accounting I assignment
Module / Subject / School:
BE111 Management Accounting I
Essex Business School
Assignment 100 marks: This individual assignment has only one section.
With the recent episode in the Russia and Ukraine conflict, it has triggered turmoil in the global economy especially the rise in commodity prices. In this assignment, you are required to choose a registered company in Singapore to discuss the challenges it encountered during the Russia and Ukraine conflict. You should also provide any potential solutions to mitigate the challenges and how it has changed their business model. At least one of the challenge must be related to the management accounting context.
Guidelines for All Assignments:
- The overall word limit for the coursework is 1,500 words (excluding references and appendices).
- Assignments should be typed using 12 font size, Times New Roman font style and 1.5 line spacing.
- Course members should familiarise themselves with the University’s policy on the late submission of coursework.
- Students will be required to submit a copy of the assignment with the similarity report (Turnitin) attached.
All assessment submitted must be the result of your work.
The following statement must be included on the cover page of all assignments submitted:
I declare that all materials included in this essay/report/project/dissertation are the result of my work and that due acknowledgement has been given in the bibliography and references to all sources be they printed, electronic or personal
What we score:
Our Writer’s Comment
This assignment tests students on their understanding of the concepts.
Based on the assignment requirements provided, here are some comments to help students score well on this assignment:
1. Company Selection: Choose a registered company in Singapore that was impacted by the Russia and Ukraine conflict. Ensure the company’s relevance to the topic and consider its exposure to commodity prices and global economic turmoil.
2. Challenges Identification: Clearly identify and discuss the challenges the chosen company faced during the conflict. Focus on both the general impact on the global economy and the specific challenges related to the company’s operations. Ensure that at least one challenge is related to the management accounting context.
3. Analysis of Challenges: Provide an in-depth analysis of the challenges, considering their financial and operational implications for the company. Use relevant data and financial information to support your analysis.
4. Potential Solutions: Offer well-thought-out potential solutions to mitigate the challenges faced by the company. These solutions should be practical, feasible, and consider the company’s specific circumstances.
5. Business Model Changes: Explain how the company adapted its business model in response to the conflict. Highlight any strategic changes, diversification efforts, or cost management initiatives undertaken.
6. Integration of Management Accounting: For the challenge related to the management accounting context, explore how management accounting principles and tools were utilized to address the issue. Provide examples of how cost analysis, budgeting, or performance measurement helped the company navigate the challenges.
7. Concise Writing: Ensure that your assignment stays within the word limit of 1,500 words (excluding references and appendices). Be concise and focused in your writing, presenting your arguments clearly and logically.
8. Proper Formatting: Follow the specified formatting guidelines – use 12 font size, Times New Roman font style, and 1.5 line spacing throughout the assignment.
9. Academic Integrity: Ensure all materials used in your assignment are properly cited and referenced. Avoid plagiarism and provide due acknowledgement to all sources used in your bibliography.
10. Original Work: Clearly state that the assignment is the result of your own work on the cover page. Do not submit work that is not your own or violates academic integrity policies.
11. Thorough Revision: Before submitting your assignment, thoroughly proofread and revise it to eliminate any errors or inconsistencies.
By following these guidelines and demonstrating a strong understanding of the impact of the Russia and Ukraine conflict on the chosen company, providing well-reasoned solutions, and integrating management accounting concepts effectively, you can achieve a high score on this assignment.
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