Advanced Performance Management-Reem
Module Code Module Title Module Credits GAA6000 Advanced Performance Management 20 Academic Year and Semester Examination Board Level & Block 2023-24, 2nd Semester July 2024 L6 B1 Method of Assessment Term (Mid-term /End-term) Weighting Coursework Mid-Term 30% Module Leader Module Leader email Ms. Farkhanda Rauf [email protected] Additional Information (if any) Last Date: 25th of April 2024 until 9 PM Version 1 Page 1 of 12 Assessment Details Assessment title Abr. Weighting Coursework WRIT1 30% Pass marks for undergraduate work is 40%, unless stated otherwise. Task/assessment brief: Numerous large corporations opt for divisional structures, wherein a key responsibility of central management is to assess the effectiveness of divisions and their respective managers. It’s crucial to distinguish between the performance of divisions and that of managers within this framework. Performance measurement involves managing based on performance, which is derived from the organizational mission and strategic planning. Evaluating organizational sub-units, like divisions or departments, combines both objective and subjective assessments. This approach proves effective in ensuring the successful implementation of an organization’s strategy by monitoring a division’s efficiency in achieving predetermined goals or meeting stakeholder expectations. Measures of divisional performance encompass a range of information, including both financial and non-financial aspects. Two commonly used measures of divisional performance are return on investment (ROI) and residual income (RI). REQUIRED: In light of above discussion, you are required to critically analyse Performance measurement in divisionalised organisations with respect to its importance and types with suitable examples. Follow the following criteria during your discussion. Introduction: (10 marks) Structure and contents: (80 marks) Importance Characteristics of divisionalised organisations financial and non-financial performance measures contribution towards comprehensive evaluation of divisional performance challenges associated with measuring performance in a divisionalized structure Consider two divisions for any company and calculate ROI and RI. Conclusion / Recommendation: Note: Version 1 (10 marks) References. Use at least 8 academic sources from journals, Books, or e-books. Use the Harvard referencing style. Page 2 of 12 Additional instructions: Introduction: 100 words Structure and contents: 1000 words Importance Characteristics of divisionalised organisations financial and non-financial performance measures contribution towards comprehensive evaluation of divisional performance challenges associated with measuring performance in a divisionalized structure Consider two divisions for any company and calculate ROI and RI. Conclusion / Recommendation: 100 words ************* Word count (or equivalent): 1200 This is a reflection of the effort required for the assessment. Word counts will normally include any text, tables, calculations, figures, subtitles and citations. Reference lists and contents of appendices are excluded from the word count. Contents of appendices are not usually considered when determining your final assessment grade. Academic or technical terms explained: NA Submission Details Submission Deadline: Version 1 25th April 2024 Estimated Feedback Return Date Page 3 of 12 After the result announcement (10 working days) – July 2024 EB / September 2024 EB Submission Time: 9:00 PM Turnitin: Any assessments submitted after the deadline will not be marked and will be recorded as a non-attempt unless you have had an extension request agreed or have approved mitigating circumstances. See the Gulf College website for more information on submission details and mitigating circumstances. File Format: The assessment must be submitted as a word document and submit through the Turnitin submission point. Your assessment should be titled with your: Student ID number, Module code and Assessment ID, e.g. 1610200 GAC3000 WRIT1 Feedback Feedback for the assessment will be provided electronically via Turnitin / MS Teams / Face to Face. Feedback will be provided with comments on your strengths and the areas which you can improve. Module tutors give students two types of assessment feedback: formative, which is given when the student is working on the completion of an assignment or coursework, and summative, which is given upon completion of the module. A comprehensive assessment feedback on your performance will be given after the announcement of the results. (10 Working Days) Assessment Criteria Learning outcomes assessed On successful completion of the module, a student should be able to: Demonstrate a working understanding of more specialised management accounting techniques; Solve decision making problems involving scarce resources, pricing and make versus buy; Compute and interpret cost & sales variances for a range of complex situations; Measure organisational & divisional performance using a range of financial and non-financial measures In addition, the assessment will test the following learning outcome: This Assignment comprises 30% of the total assessments marks. It will develop the following skills: Analytical skills. This will develop the critical thinking of the students in analysing the various tasks. Research skills. This will enhance their proper research and referencing skills that are necessary when they enter the real world of work. Mathematical skills. The analysis and calculation of the ratios will help the students develop the required skills for their specialization. Version 1 Page 4 of 12 Marking/Assessment Criteria Question No. A B C Version 1 Description Marks Allocated Introduction – discussing the importance of divisionalised organisations and its role in the evaluation and comparing the performance of the companies 10 Body of the report: Importance of divisionalised organisations 10 % Characteristics of divisionalised organisations 10% Performance measures 10% Challenges 10% Calculation for ROI and RI. 20% 80 Conclusion: Evaluation of the progress of the company’ performance. 10 10 Total 100 Page 5 of 12
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