The Board of Directors (“Board”) of your company which is mostly composed of recently appointed Non-Executive Directors require in-depth knowledge of the business, strategies, performance and other key areas of planning and control of the company.
Your “Board” requires your research team to find facts, explain the implications of the findings, arrive at conclusions and give your recommendations by a written report submission to them.
You can select your company from the following list:
1. BHP Ltd (Australia)
2. Ford Motors (USA)
3. Apple Computers (USA)
4. Lufthansa Airways (Germany)
5. British Airways (UK)
6. Fortesecue Metals Group (Australia)
7. SAP (Germany)
8. Honda Motors Ltd (Japan)
9. British Petroleum (BP) (UK)
10. Citibank (USA)
11. Essar Shipping (India)
12. Royal Dutch Shell (Holland)
13. Westpac Banking Corporation (Australia)
14. Boeing (USA)
Your research team can approach this assignment by applying the managerial accounting concepts and techniques learnt in this unit to the facts found of your company by highlighting strategic and performance issues in order to derive your conclusions and recommendations for the “Board”.
In order to highlight the importance of managerial decision-making using both financial and non-financial drivers and indicators, you need to also prepare the “Balanced Scorecard” of your company based on the strategies so evaluated in the first part of this assignment.
This will form part of the above mentioned written report for the “Board”.