Module Code:
BFT1007
Module Title: Eric Tchouamou Njoya Assessment Task(s) Coursework (Exam Alternative) [ Academic Year 2019-2020
Learning Outcomes
This assessment task addresses the following learning outcomes from the module specification Examine the different forms of cooperation between airlines Examine the benefits to airlines of operating a revenue management system Research and present current development in the air transport industry
Assessment brief
You are required to answer questions 1 and 2. Each question is marked out of 100.
Each answer should be 1000 words in length.
Question 1
Explain the different forms of cooperation between airlines and discuss the relative merits for airlines of joining a strategic alliance.
Question 2
Identify reasons why the airline industry is suitable for revenue management and discuss the benefits of revenue management to airlines.
Section B
Micky LLC is a company manufacturing and selling a wide range of automotive components to the major vehicle assemblers. The company has experience rapid growth over the last 10 years and is profitable although cash flow is tight. The performance of each business units and employees are measured based on profitability and number of components sold. Performance measures makes comparisons between actual and budget performance using budgets.
Kate the managing director of Micky LLC had attended a management conference, where she received with a basic understanding of use of Balanced Scorecard as a tool for performance measures by many successful companies. As the internal auditor of the company Kate had requested you to prepare a report.
Requirement 01: Prepare a report a. Evaluating the existing budgetary control used by Micky LLC
(maximum word limit – 200) It. xplaining the concept of ‘Balance Score Card’ and recommend ,% kit reasons, thepe ■rmance measures based on the difference perspectives that could he used to measure the performance of Micky LLC
(maximum word limit – 600)
Requirement 02 One of the production unit of Micky LLC manufactures ‘Shock absorber’. The production unit’s budgeted output for the quarter ended 31. March 2020 was 5000 units of shock absorbers. The budgeted time to produce the given budgeted units for the given period is 400 labour hours. For the quarter ended 31. March 2020 the actual number of shock absorbers produced by the production unit was 5500 units and the actual hours taken by the labour force was 350 hours.
Calculate and comment on the labour (illicit:tic:, capacity and production volume ratios of given production unit.
• Avoid description of the content of material referred to — critical evaluation is required where specified. • Work should be referenced in APA 6th style. The link below is to the library guidance on referencing and it is recommended you use these resources to ensure your references are in the correct format. • http://www.hud.ac.uk/library/finding-info/informationskills/evaluation/referencing/ • Read widely from textbooks. journals and authoritative commentaries in forming your views. • Refer back to your tutorial work and notes where you have covered key issues and developed critical argument that is relevant to the requirement of this assessment. • Pay close attention to the Assessment Criteria at the end of this document —this lists general assessment criteria and specific criteria to the requirements of this assignment. These criteria will be used to inform your electronic feedback on your marked assignment. • Use the University Referencing guide which is APA 64″. Note that poorly referenced material will lose you marks (make sure you consult the Learning Development Group Tutors on level 1 of the Business School for any additional help needed). You can access APA e via Brightspace by clicking on the Library button to access the easy to use online guide. Do not exceed the word limit. A 5% mark penalty applies for work exceeding the word limit.
Marking criteria
- Please refer to the assessment task-specific criteria in Appendix 1. These show you the issues that will guide your tutors in marking your work. You are encouraged to use these at all stages of preparing your work. Please remember that the marking process involves academic judgement and interpretation within the marking criteria.
- The Learning Development Group are available to help you to understand and use the assessment criteria. To book an appointment, either visit them on The Street in the Charles Sikes Building or email them on busstudenthub@hud.ac.uk
- The University has regulations relating to academic misconduct, including plagiarism. The Learning Development Group can also advise and help you about academic conventions and avoiding ‘poor scholarship’ which can result in potential academic misconduct.
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