The future of the workplace from the perspective of Managerial Accounting
What is the future of the workplace in 2040 and what are the challenges that professionals must address? What are possible scenarios and solutions?
Tag: Managerial accounting
Evaluate the different challenges arising from complex situations an owner of a small or medium business may face when moving from conventional selling to online selling. Your decisions must address online payment and recent analysis about hidden costs for e- commerce and cloud costs if applicable.
Managerial accounting requirements for E-commerce
1. Critically appraise the costs related to entrepreneurial e-commerce platform that may
include cloud services.
(CLO1 – 5 Marks)
2. Evaluate the different challenges arising from complex situations an owner of a small or
medium business may face when moving from conventional selling to online selling. Your
decisions must address online payment and recent analysis about hidden costs for e-
commerce and cloud costs if applicable.
(CLO3 – 10 Marks)
3. Using the example of small/medium business selected in requirement 2 above, produce a
number of units’ breakeven analysis. The latter should propose different realistic
scenarios for changes in costs and/or revenues that help the business owner to budget
satisfactory net income.
(CLO4 – 25 Marks)
Critically discuss the impact of AI (artificial intelligence), machine learning,automation, smart systems and blockchain on the industries and their wider implications on a society.
Answer the questions (Managerial accounting)
Q1: Critically discuss the role of ethics, environment and sustainability for a business and their implications on company performance and strategy. (8 marks)
Q2: Choose one option from the following:
Option 1: Critically discuss the role of management accounting for managers in key areas decision making and how its role is changing in 21st century in managing and running a company. (8 marks)
Option 2: Critically discuss the impact of AI (artificial intelligence), machine learning,automation, smart systems and blockchain on the industries and their wider implications on a society. (8 marks)
Q3: Critically discuss key steps involved and relevance of strategic management framework for a business. Use a company example to apply 5 steps accordingly (8marks)