Higher National Diploma in Business
Assignment No and Title:
Assignment 1/3 - Sources of Finance
Class
Managing Financial Resources and Decisions - MFRD-426-1401
Semester
1401
Lecturer:
Bruce Gahir
Start:
24/02/2014
Due Date:
17/03/2014
Internally Verified by
IV Date
Learning Outcomes
Pass Criteria Covered
LO.1 Understand the sources of finance available to a business
1.1 Identify the sources of finance available to a business
1.2 Assess the implications of the different sources
1.3 Evaluate appropriate sources of finance for a business project
LO.2 Understand the implications of finance as a resource within a business
2.1 Analyze the costs of different sources of finance
Grading Criteria
The above pass criteria has been met plus:
Merit
M1 – Identify and apply strategies to find appropriate solutions
Effective judgments have been made in considering the different sources of finance available and an effective approach to study and research has been applied with supporting diagrams and graphs
M2 – Select/design and apply appropriate methods/techniques
The selection of methods and techniques/sources has been justified with reference to their advantages and disadvantages; references have been used in-text and Harvard style has been applied consistently
Distinction
Pass and Merit criteria have been met plus:
D1 – Use critical reflection to evaluate and justify your conclusions
The student has made effective judgments with high degree of objectivity and professionalism; conclusions have been arrived at through synthesis of ideas and have been justified with reference to costs and other aspects detailing the consequences for the business
D2 – Take responsibility for managing and organizing activities
The findings are communicated using financial technical language adapted for the intended audience; the structure is logical, managed and organized; assignment is submitted on time
Summary of Tasks
References: Virtual Bank of Biz/ed, viewed on September 17, 2013, http://www.bized.co.uk/virtual/bank/business/finance/sources/ques.htm