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The aim of the module is to familiarise the students with accounting and business financing processes. Business financing is a process that refers to acquiring of funds by the owners of businesses around the world such that the requirements for the business can be addressed and met. This can also be for setting up new businesses as well. obtaining top-up funds for the functions and operations of the business is extremely important.
This helps them to acquire necessary assets for the businesses as well. the businesses can face cash crunches by obtaining finances. There are numerous ways in which banks can acquire these finances, the most common ones include bank loans, government loans, loans from private financing companies, and others. The module is developed such that students can be prepared for a successful business career in the future.
The module helps the students with the development of understanding regarding the principles of accounting, mathematical terminologies and the concept of economy. The module is mostly corporate-oriented and lays emphasis upon real-life applications of the techniques. This shall help the students in making decisions for the businesses.
They shall be able to apply these techniques in future as well. the students shall be able to depict their understanding regarding the coursework through this assessment.
As the learning outcome of the assessment, the students shall be able to portray their knowledge in business finances, the ways in which risks can be addressed, if any, arise in the financial sectors of the businesses.
After completing the assessment, the students will:
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Location: Holmes University, United Kingdom
Study Level: Bachelors
Unit Code: MOD003319
University: Anglia Ruskin University.
Business financing is a process that refers to acquiring of funds by the owners of businesses around the world such that the requirements for the business can be addressed and met. This can also be for setting up new businesses as well. obtaining top-up funds for the functions and operations of the business is extremely important. This helps them to acquire necessary assets for the businesses as well. the businesses can face cash crunches by obtaining finances.
Discuss some of the ways in which business finances can be acquired.
Stakeholders are some of the most important parts of businesses in the contemporary world. they are the ones who are directly or indirectly involved in a business. The majority of the businesses perform stakeholder analysis for determining the stakeholders, their roles and responsibilities and how can they impact the entire project. Business organizations take up projects for fulfilling their or other organisations requirement.
The advancement of technologies has changed how businesses work in present scenarios. The usage of the technologies like cloud computing, mobile computing, edge computing; making usage of artificial intelligence and machine learning for the ease of working alongside many others, have changed the current businesses. Stakeholders are essential in this case as well.
Who are the major stakeholders of a business? Mention their roles and responsibilities. Which of them are directly or indirectly involved in the projects or businesses' economic or financial status?
What are how business financial decisions can be made within an organization? who are the stakeholders in such cases? Develop a business project management plan for an arbitrary organization. Produce a project scope management plan. Determine the stakeholders for the project. Mention their roles and responsibilities within an organization.
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The overall mark allotted for the coursework is 50. This assessment comprises the 70 per cent marks of the entire subject. There are two major questions that must be answered by the student for ensuring successful completion of the assignment. The assignment brief which has been provided have two questions. One of them has more weightage than the other. The first one is a descriptive question and the next one is a short answer type question.
The mark allotted for the first question is 30. Here the student has to be more descriptive. They should elaborate their understanding such that the readers get a comprehensive view of the entire matter. The second question consists of 15 marks. Here the student should answer the questions in brief. The student shall make frequent use of keywords and highlight them as per the requirement.
References are one of the integral parts of the assignment. The students shall reference each of the external sources which have been addressed in the assessment. The weightage for proper referencing and in-texting is 5 marks. One should focus upon this segment properly as well. marks shall be deducted for not using the proper referencing style. For this assessment, the students shall make use of APA 7th Referencing Style. There should be a minimum of 10 references.
The word count for the assessment is 2500. Students shall not exceed the word count. It is favourable if the students make use of Times New Roman, Arial or Calibri Body or a similar font for writing the assessment. They should make use of 1.5 line spacing, for clear reading abilities. It is expected that a standard font size of 11 or 12 points should be used for the assignment.
Lastly, please maintain the university rules and regulations. Copying from others work may be subject to plagiarism per cent. The plagiarism per cent should not be more than 10 %. Use of any unfair means shall lead to cancelling of the paper. Extension of deadlines are not possible for this assessment, so keep track of time.
Any extension to the provided deadlines shall be done 3 days before the actual deadline of the assessment submission. In case of an urgent deadline extension, students have to present documentation to the in-charge or the professor for the assessment. All the reports must be checked for plagiarism before submitting them to the portal. TURN IT IN software is most suitable for that purpose.
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