Strategic Cost Management (SCM) GPBL Trimester Essay

Strategic Variance depth psychology of a Firm Growth,Price, Profitability, productivity Elements affecting its loot and consequent Cash Flow. Max. Word come 3000 words This is a study on a Strategic Variance psycho synopsis for the profitability as well as the Operating Cash full stop. In this stage setting you penury to take some captious assumptions if you be unable to procure the applicable quantitative lucubrate. The quantitative details you leave alone need are as follows 1. perseverance aggregates of the Units Produced and Sold 2. Chosen Firm train details of the Units Produced and Sold. 3. Input Output Ratio. This go out need assumptions and perhaps be qualified only to the materials. You need to perform a reasonable amount of research to gravel these numbers. Quantitative details may be provided in Annual Reports of the firms constituting the persistence you fox considered. Check sources such as the Capitaline. Ministry of commercialism and constancy, RBI , Planning commission, some publications such as the statistical outline of India etc etc. You need to examine the following a) Select an Industry, hire an appropriate justification of having set apartd the application by using the ITC code, HSN or lay classification or any other(a) that will have some universal acceptability. b) Choose a Firm you would trust to analyze that constitutes the Industry you have elect. c) If labor aggregates are not available define the industry by identifying the major industry players and then aggregate their quantitative details to make this a proxy for the Industry or the market you would want to consider. d) fulfill a Strategic Variance Analysis to demarcate the impact of Growth, Price and Productivity elements in explaining the impact on the changes in the profits of the firm you have chosen for the year with its subsequent year. Therefore if you are analyzing the Year 2011 compare this with 2012 for the firm and the industry. e) make out a strategic variance analysis on the operating cash flow for the firm chosen. f) Conclude on schema you believe the firm is adopting given the fiscal analysis you have done.Marking Parameters 1. preference of the Industry and the firm and its justification. -10 Marks 2. Demonstrated raise of the research done in obtaining selective information for points (a), (b) and (c). 30 Marks 3. Critical Analysis of Points (d) and (e).50 Marks 4. Conclusion10 Marks