GROUP ASSIGNMENT MAC007A TRIMESTER 2, 2020 Student Id Number Student Name SUBJECT NAME: Strategic Management Accounting SUBJECT CODE: MAC007A DUE DATE: Sunday Week 11 INSTRUCTIONS FOR STUDENTS: •...

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GROUP ASSIGNMENT MAC007A TRIMESTER 2, 2020 Student Id Number Student Name SUBJECT NAME: Strategic Management Accounting SUBJECT CODE: MAC007A DUE DATE: Sunday Week 11 INSTRUCTIONS FOR STUDENTS: • Clearly write your name, your group member’s names and id when you submit your report. • Only one submission per group is needed. • There is a word limit of 2500 words including references. • Submit your Turnitin report along with your submission • This assignment is 100 marks and worth 25% Learning objectives Learning Outcomes On successful completion of this subject, students will be able to: a. Develop skills as a professional accountant in order to create, manage and enhance value within organisations through the use of various strategic management accounting tools & techniques; b. Examine and apply the strategic management process in an organisation and industry, understand value drivers and value chain; c. Analyse crucially the strategic management cycle and the leadership role of the professional accountants in strategic management; d. Analyse the characteristics of effective strategic and corporate social responsibility related performance measurement and controls systems; and Page 1 of 4 Group Assignment: MAC007A Strategic Management Accounting Research Case study Driven by increasing focuses on the primary/core activities, corporations tend to outsource supportive activities, which comes with an increasing demand of high environmental and social expectations of various stakeholder groups, of including sustainability as an integral part of supply chain management (SCM). The strategic management tools of creative value for the organisation includes Total quality management, Kaizen costing and life cycle costing. However, to achieve value in the overall supply chain, the malpractices of suppliers cannot be ignored due to increasing pressure form primary and secondary stakeholders. This entails any unsustainable business practices of suppliers can have a potential significant negative impact on operation as well as business image. This requires an urgent need of integrating sustainability into firms’ supply chain risk management. To avoid the above mentioned risk it is imperative on business to evaluate sustainability risk practices of suppliers. Based on the above information, research using academic journals to address the following questions. Research Question 1. Why do companies form or join intra-industry strategic supplier alliance? Research Question Q2. What are the various tools used by the companies to assess the sustainability practices of suppliers. Research Question Q3 Download the annual report of Boral Ltd for FY 2019 and identify the core activities of organisation and industry value chain with reference to sustainability practices. Also identify the steps taken by Boral Ltd to implement and monitor sustainability practices in its supply chain. Research Question 4 Research on Toyota and come up with conclusive arguments how Toyota optimises its value chain and achieved competitive advantage. END OF ASSIGNMENT Page 2 of 4 Group Assignment: MAC007A Strategic Management Accounting Fail Pass Credit Distinction High Distinction Assessment Criteria (Unacceptable) (Functional) (Proficient) (Advanced) (Exceptional) 0-49% 50-64% 65-74% 75 -84% 85-100% Knowledge and Limited understanding of Knowledge or Thorough knowledge or Highly developed A sophisticated understanding understanding required concepts and understanding of the field understanding of the understanding of the field or of the field or discipline/s. (technical and knowledge. or discipline. field or discipline/s. discipline/s. Systematically and critically theoretical knowledge) Key components of the Resembles a recall or Supports personal Discriminates between discriminates between opinion and information assignment are not summary of key ideas. assertion of personal opinion assertion of personal opinion substantiated by addressed. and information substantiated Often confuses assertion of and information substantiated evidence from the by robust evidence from the personal opinion with by robust evidence from the research/course research/course materials and information substantiated research/course materials and materials. by evidence from the extended reading. extended reading. Demonstrates a capacity research/course materials. Well demonstrated capacity to Mastery of concepts and to explain and apply explain and apply relevant application to new relevant concepts. 20 % concepts. 0 – 5.5 Marks situations/further 9 – 9.5 Marks learning. 8 – 8.5 Marks 6 – 7.5 Marks 10 -12 Marks Evaluation of Limited understanding of Resembles a recall or Supports personal Discriminates between Systematically and critically information selected to key concepts required to summary of key ideas. opinion and information assertion of personal opinion discriminates between support the case study support the case study. Often conflates/confuses substantiated by and information substantiated assertion of personal opinion evidence from the by robust evidence from the and information substantiated Confuses logic and assertion of personal research/course research/course materials and by robust evidence from the emotion. Information opinion with information taken from reliable substantiated by evidence materials. extended reading. research/course materials and extended reading. sources but without a from the research/course Demonstrates a capacity Well demonstrated capacity to Information is taken from coherent analysis or materials. to explain and apply explain and apply relevant sources with a high level of synthesis. Analysis and evaluation do relevant concepts. concepts. interpretation/evaluation to Viewpoints of experts are not reflect expert Questions viewpoints of Viewpoint of experts are develop a comprehensive taken as fact with little judgement, intellectual experts. subject to questioning. critical analysis or synthesis. questioning. independence, rigor and Analysis and evaluation reflect Identifies gaps in knowledge. adaptability. growing judgement, intellectual independence, rigor and adaptability. Exhibits intellectual independence, rigor, good 60% 0 – 17.5 Marks 18 - 23 Marks judgement and adaptability. 23.5 - 26.5 Marks 31- 36 Marks 27- 30.5 Marks Page 3 of 4 Group Assignment: MAC007A Strategic Management Accounting Cr Assessment Criteria Fail (Unacceptable) Pass (Functional) Credit (Proficient) Distinction (Advanced) High Distinction (Exceptional) 0-49% 50-64% 65-74% 75 -84% 85-100% EfCorrect citation of key Demonstrates inconsistent Demonstrates use of Demonstrates use of Demonstrates use of good Demonstrates use of high- resources and evidence use of good quality, credible and relevant high quality, credible and quality, credible and relevant quality, credible and relevant credible and relevant resources to support and relevant resources to resources to support and resources to support and resources to support and develop ideas, but these are support and develop develop arguments and develop arguments and develop ideas. not always explicit or well ideas. statements. Shows evidence position statements. Shows 5 % developed. of wide scope within the evidence of wide scope within organisation