Problem 1: Geliga Minda Managerial Accounting (ACC 720) Table of limit 1.0 Issues & angstrom unit; Assumptions3 2.0 Analysis4 3.0 Possible Solutions/Management Action 6 4.0 next Strategy & Implementation suggestions11 5.0 Conclusion15 1.0 Issues & Assumptions: Puan Ros runs a home-based traditional administer for melodic line for the quondam(prenominal) 10 years. The medicine known as Geliga Minda which is composing of dates, raisins and spice is widely consumed by students as it is believed to be able to raise up promontory and increase memory power. Puan Ross main in the polisher material supplier is Pak Majid. Her nephew, Rizal is paid to handle her logistic lieu where he will drives to get her supplies and also distributing Geliga Minda to sell shops. liza and Lina, her neighbours daughters are her 2 workers, work 7 hours a day to help Puan Ros to process raw materials and use product packaging. Puan Ros has invested RM5000 on a cottage as her doing plant; she spends about RM550 monthly on electricity put up and RM120 on water bill. Other than that, Puan Ros paid RM1 incentive to retail shops for every 1 unit of Geliga Minda sold. Puan Ross argument is perceived as being doing well over the years as the demand for Geliga Minda is increasing every year.
The increasing demand has draw Puan Ros and her team to work extra hours. However, the high demand did non reflected into the desired profit and it is also challenging to compute the businesss profitability. The condition of Puan Ross business and her management admit a transformation i n order to survive in the market. The next 3! sections shall analyse the underlying issues, possible solutions to care for the problems and future strategies that could help Puan Ros implementing a prudent management and cost effective business. 2.0 Analysis The situation Puan Ros currently facing is a honey oil scenario happens to most small home-based entrepreneurs. Business which started small, just...If you requirement to get a full essay, order it on our website: OrderCustomPaper.com
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