SOE11144 Report on Global Business Economics and Finance Assignment
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- Course Code: SOE11144
- Course Title: Global Business Economics and Finance
- Referencing Styles: APA
- Words: 9999+
- University: Edinburgh Napier University
- Country: GB
The purpose of next week’s meeting is not to rake over the ongoing overspend for this year, but we need to plan for next year. We are going to need you to agree with a total budget of £882,000 for next year. Mo will update the figure for apportionment of Central Administrative Costs sometime after the meeting, but I’m guessing it’ll be based on this year’s actuals, so I suggest you use that. It’s the rest of the costs we need to discuss with you.
You will need to take account of the 3% across-the-board wage increase Piotr agreed with the unions last week. That applies evenly across all types of staff in the loading bay.
Please provide a report in advance of the meeting detailing how you intend to find the necessary savings.
Please include the following sections in your report. We do not require an executive summary:
- Approach to drawing up the loading bay budget
- Relevant calculations to show that your budget is achievable
- Your proposed budget with full figures
- A conclusion on the achievability of the £882,000 overall loading bay budget
- Recommendations on next steps
Please make sure you provide a list of references to any published external material you refer to in your report.
Make sure your report is at least 2,250 words to prove you’ve done some work but
I’m not reading it if it’s more than 2,750 words apart from the references. I will not waste time reading appendices. If you have something to say, say it in your report.
If you have any specific suggestions on improving the budget process, please include these in section 2 – the approach to budgeting – and in your conclusion and recommendations.
I hope you are enjoying your Business Economics and Finance course at Edinburgh Napier University. You never know when you’re going to need to include something like that in your cv.
Write your report, addressed to the Managing Director of Clark Casc and containing the following sections, as directed in the Managing Director’s email. Submit your report in the Turnitin dropbox.
- Budgeting Approach
- Relevant Calculations
- Proposed Loading Bay Budget