CS625 Assignment 2 Spring 2021 – Assignments – Solution VU

CS625 Assignment 2 Spring 2021 – Assignments – Solution VU

CS625 Assignment 2 Solution Spring 2021


CS625 Assignment 2 Spring 2021 solution idea:

 

ASSIGNMENT NO 2

QUESTION NO 1:

Microtech Trading Private Limited (MTPL) is a mobile manufacturing company. The company is newly established and is in the process of designing their organizational structure. The CEO of MTPL needs a list of the functional units which must exist in organization. Assuming that you are the Operational head of MTPL responsible for preparation of functional units, Enlist the names of five Functional units / five Group of functions that must exist in the organization keeping in mind the structure of any standard organization.

ANSWER:

Following are the five functional units that exist in almost every organization:

  1. Production
  2. Quality Management
  3. Sales and Marketing
  4. Finance and Administration
  5. Research and Development

 

QUESTION NO 2:

Two friends, Malik and Sial have established their own software house named Essem IT House. Successfully, they have received their first project from one of their close friend Rana. But the project handed over to them is a large one and requires a detailed cashflow planning. Since it is a newly established entity, they are struggling in creating a business plan and need your help in taking some of the crucial decisions about funding and cashflow. You are the Business analyst hired by them, and in your capacity, answer the following:

a) Enlist any 3 expenses for which, in the starting period, cash will be required?

ANSWER:

Following are the 3 expenses, for which cash is required in the starting period.

  1. Salaries expenses
  2. Rent rates, heating and lighting of the premises used
  3. Equipment and consumables expenses

 

b) What can be the sources of funding for this company? Name the sources.

ANSWER:

Following can be the sources of funding for this company.

  1. Grants
  2. Loans
  3. Sale of equity

 

c) Name the two reports that are used for assessing and monitoring the sales position of the company?

ANSWER:

Following are the two reports that are used for assessing and monitoring the sales position of the company.

  1. Confirmed sales report
  2. Sales prospects report

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