StudentShare solutions
Triangle menu

Financial Resources Management Assignment - Essay Example

Assumptions There is an already decorated room that will save the department on the cost of building and decorating. The university has the required resources to fund the project comfortably. Plans Investing in this project will cost the university in the short term, but the benefits will come in the long term use of the room. This can be seen when the students begin to make full use of the facility is when we will see its benefits. As usual, costs will have to come before the benefits of the project are visible for all to see. Like any other venture, the project will need sufficient financing that will enable it to develop smooth manner. This projected is to be carried out in the most convenient and economical way. The primary intention of this plan is to get the best costs of products in the market for the development of this project. Considering the prices of all the requirements of the project carefully, we can get the best alternatives of the materials required in the project. That is we intend to use the most valuable and affordable alternative to the items required. This will provide the same quality services that the expensive items would otherwise provide. Instead of using glass tables that can easily break we would use classic wooden or plastic tables. These will provide long term quality services and products; that would have otherwise been provided by the glass tables in the short term (Ross, 2008). Like any other projects, there will be many costs accruing some will be direct

Check these samples - they also fit your topic

Financial resources and decisions management
It is generally observed in an economic scenario that the company with a good credit history and uplifted financial outlook is likely to raise funds easily as compared to the otherwise. Raising capital significantly affect the gearing of a company. Both modes of financing i.e.
11 pages (2750 words) Essay
Financial Resources Mgt Assignment
The main point that keeps the petroleum from the other id the business of the company, as PB has over 150 subsidiaries and is in business from a long period. We recommend MR Raj Moosani to invest his money in PB Petroleum for higher earnings with a lower risk.
9 pages (2250 words) Essay
Managing Financial Resources
Other aspects include auditing by external firms, which ensures that accounting fraud is prevented by examining the ledgers of a company with other records to ensure that the ledgers provide a true and fair view of the company's financial dealings. Accounting is used for drawing up the financial records of a company in order to make important decisions, such as whether or not to make a major investment.
8 pages (2000 words) Essay
Financial Resources Management
These help in strengthening the management of financing and avoid common mistakes like miscalculating or underestimating the cost. Financing is of two types, equity financing and debt financing. When you are in need of money or looking for capital, company's debt-to-equity-ratio should be considered.
8 pages (2000 words) Essay
Financial Management assignment 2
With the Net Present Value method, using a discount factor of 14%, resulted in a negative figure, i.e. -GBP 3,833M. This means that the project will generate a negative cash flow. Considering the large investment capital needed to undertake the project, it is not feasible to go ahead with it based on the poor returns.
12 pages (3000 words) Essay
Management of Financial Resources
Finance and accounting functions are closely related in such a manner that accounting provides information needed for managing finance. Management of finance varies according to its nature, that is, short term or long term. Financial resources refer to the availability of money in the form of cash, securities, creditors, loan facilities, etc possessed by an organization.
12 pages (3000 words) Essay
Financial Issues, Marketing Function and Human Resources in Management
A few important issues that a Manager should consider before planning for developments are Financial Issues, Marketing Function, and Human Resources. These issues are very much important, whether one is starting a new Business or expanding a well-running business, these issues are very much important.
7 pages (1750 words) Essay
Expatriation of competitive employees is an important topic in the study of HR management. Expatriation of employees is very expensive due to higher salary requirements
11 pages (2750 words) Essay
Financial resources management
So, corporate governance functions within the framework of openness, accountability and integrity, since there are certain expectations of the shareholders. Therefore, it can be deduced that the management of a company is trusted to supervise its activities and
10 pages (2500 words) Essay
Hospitality Operations Management Essay: Critically evaluate how the configuration of hospitality resources can help achieve financial targets while satisfying customers
y industry constitutes business and companies that “offer guests courteous, professional food, drink, and lodging services, alone, or in combination.” Now, the critical situation for hospitality businesses would appear to be on how such businesses would configure and develop
12 pages (3000 words) Essay
costs others will be indirect, but all the costs will have to be met. The explicit cost such as the salary of the work force and the utility bills will have to be given the first priority. This is to ensure that the work runs smoothly and that everybody is happy. The benefits of paying the workforce correctly and in time is to increase their motivation, which will in turn, improve their commitment to the project. Indirect costs such the preparations of the legal documents and auditing of the plans are also to be taken into account. The problem with these costs is that they will not be reflected in the balance sheet. This is because their impacts are not only felt by the DIC department alone but the entire Manchester University. Overheads of this nature are normally hard to determine but with the right knowledge and experience approximates can be made (Vataliya, 2008). With the university, not incurring any fixed costs like rent and royalty the variable costs are the main concern. It is advisable that the capital for funding the variable cost should be set aside for the smooth running of the project. Variable costs such as the cost of materials and cost of transport should be budgeted for properly. This is because the prices of these essentials keep fluctuating from time to time. The plan is to buy the material needed in bulk at the right time when the market prices are favorable. Buying the input material is directly from the manufactures is advantageous in cutting out the cost that would increase because of the middle men. Buying in bulk will also enable us get discounts of trade thus reducing the cost to be incurred (Hopper, 2007). In the budgeting of this venture, short run costs help in minimizing costs while maximizing the output in terms of the work to be done in developing the common room. This will help the department to know the most accurate amount of capital to invest in this project. With these approximations, the university will be able to add the project
Cite this document
  • APA
  • MLA
(“Financial Resources Management Assignment Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from
(Financial Resources Management Assignment Essay Example | Topics and Well Written Essays - 750 Words)
“Financial Resources Management Assignment Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times


ACW 2 Financial Resources Management Assignment Name Professor Course Date ACW 2 Financial Resources Management Assignment Objectives The primary goal of the plan is to develop new students’ common room in Manchester Metropolitan University for students in the DIC department…
Author : glennaframi
Download 0
Financial Resources Management Assignment
Read Text Preview
Comments (0)
Click to create a comment
Let us find you another Essay on topic Financial Resources Management Assignment for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us