Problem 1: Geliga Minda Managerial Accounting (ACC 720) Table of table of contents 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 treat 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 sensation and increase memory power. Puan Ross main in the burnish material supplier is Pak Majid. Her nephew, Rizal is paid to handle her logistic fixture 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 manipulation product packaging. Puan Ros has inves ted RM5000 on a cottage as her achievement plant; she spends about RM550 monthly on electricity discharge 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 course is perceived as being doing well over the years as the demand for Geliga Minda is increasing every year.
The increasing demand has pinch Puan Ros and her team to work extra hours. However, the high demand did not reflected into the desired profit and it is also challenging to compute the businesss profitability. The condition of Puan Ross business and her management look a transformation in order to survive! in the market. The next 3 sections shall analyse the underlying issues, possible solutions to caution for the problems and future strategies that could help Puan Ros implementing a prudent management and gong 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 hope to get a full essay, order it on our website: BestEssayCheap.com
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