ASSIGNMENT GUIDE

MPU3223_V2
ENTREPRENEURSHIP

Semester JAN 2023

THE QUESTIONS – PART 1 (50%)
WHAT TO DO??
• Read the questions
• Identify which chapter/topic related to the questions
• Explore the chapter/topics and to understand the terms, and
explanation
• Understand the rubrics
• Refer text book, other references that relevant
• Keep discuss in forum with tutor and peers
 CHAPTER 9

ENTREPRENEUR AND
PERSONAL FINANCIAL
PLANNING
 KEY SEARCH/POINTS
• To identify one ENTREPRENEUR /business owner/founder of a
company/business
• Discuss the financial management of this entrepreneur in related to his or her
business (analyse the financial report and relate it to the asset, debt and cash
management)
• Recommendations/suggestions further in terms of financial management
perspective on his or her business
The Real Entrepreneur / Business Owner
Example

• Petronas
• Genting Group
• Parkson
• Maybank
• Marry Brown
• Bonia
• Padini
RUBRIC 1

Don’t missed out the important points:

• Name of the business and the founder/owner/entrepreneur
• Organization structure – how big the business/ the branches, how many workers, etc
• Location
• Mission and vision
• The product/services
(all this can be found in company’s website, article or annual report)
RUBRIC 2

• What is financial management

• The objectives of financial management
• The important of financial management
Minimum 4 points / answers
TO UNDERSTAND WHAT IS FINANCIAL MANAGEMENT FOR BUSINESS?

• Financial management is one of the most important responsibilities of owners and business
managers.
• They must consider the potential consequences of their management decisions on profits,
cash flow and on the financial condition of the company.
• The activities of every aspect of a business have an impact on the company's financial
performance and must be evaluated and controlled by the business owner.
• How company moving cash efficiently
• Paying bills
• Generating sales
• Recording all the in and out transaction
2.1 Financial management of business

• Financial management of a business is very important to ensure

the income, cash flow and spending recorded accordingly and
yet to see their company performance and growth.
• It is the business function that deals with investing the available
financial resources in a way that greater business success and
return-on-investment (ROI) is achieved.
THE TERMS IN FINANCIAL MANAGEMENT AND THE MEANING

• Asset?
• Debt?
• Cash ?
• Profit?
• Loss?
RUBRIC 3

Financial management practiced by the entrepreneur:

This is when you need to analyze or read the financial section of the annual report/business plan and to
understand it and explain.

Refer to sample annual report

 RUBRIC 4

To recommend or suggest how the company can do better in terms of their financial management/plan

• capital structure decision,

• dividend policy, investment
• appraisal techniques,
• working capital policy and financial
• assessment
 These most successful organizations tell that their Financial Planning &
Analysis process:
• Drives Shareholder Value (or business value if privately held)
• Drives execution of the strategy
• Provides the mechanisms to ensure the financial and operational goals of the
organization are achieved
• Builds organizational awareness of the strategy and each department’s role
in achieving it
• Ensures the optimal allocation of resources
• Ensures coordination of initiatives, projects, and programs

Source: https://blog.board.com/12-best-practices-financial-planning-and-analysis/
THE BEST PRACTICE IN FINANCIAL MANAGEMENT

• Set financial goals

• Record every transaction related to money/ financial
• Control and monitor the expenditure/ expenses
• Use systematic recording systems – accounting/financial software
RUBRIC 5 - SUMMARY

Do not forget to summarize your write-up cover all rubrics with ‘conclusion’ wrap-
up statement.

In conclusion, financial management is very important to entrepreneurs in order

to…… Spritzer did manage their financial very well and produce annual report to
show to their shareholders and stakeholders about the achievement and outcome.
Some areas that Spritzer could enhance in their financial management such as…..
Topic 4
THE ASSIGNMENT FORMAT – (APA Format)
Basic academic writing to be applied in your writing format:

• Front page
• Table of content (list of main content with numbering, page)
• Introduction
• Body/Main content
• Summary
• Reference
TO REMEMBER
END