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- March 21, 2018 at 6:08 am #443190
@learningluminarium said:
@hieund, Trephena is on her break, so we are stepping in to help…3. You should check the report very carefully to ensure that there are no other possible reasons for failure. I know of a student who failed his second submission even though he had earlier corrected his project for the comments given to him in his first mark sheet.
4. In order for ratios to be comparable, the companies should be as close as possible. I would recommend using a milk company.
Thanks @LearningLuminarium for your replies.
3. As I understand that the marker want me to correct the mistake I have made on the first submit, so is it right that I could fail although if I use what I have wrote on the first submission because Turnitin state that copy from another sources?
4. Until now, there is only company I analyse have issues public FS, another companies is not, so the pass rate could be reduced if I only use a food company to benchmark. And dairy industry on my country was combined in food industry so I cannot separate them.
Thank you.
March 21, 2018 at 1:20 am #443162Hello @trephena
There are comments from the marker.3. Evaluation of information, analysis and conclusions
You have made a very good start on your RAP submission however there is an over dependence on the financial reports throughout your Financial analysis. This is a very important source however wider reading is required either to confirm your findings or to establish alternate views on the company and the benchmark company. This will enable you to lift your submission to a new level which will allow you to add more critical reflection rather than description. You write clearly, it is more facts which are required.Overall Technical and Professional Skills
MODERATOR: Although you started your analysis with the application of PESTLE analysis you are advised to bring in the application of both models at the beginning of the findings as these models are intended to guide the subsequent financial analysis and not be an exercise done in isolation to everything else. It is therefore worth devoting a lot of effort to producing a good application of the models. To help with this and your financial analysis you really need to find more sources relating to your company from articles in the business and trade press / online business pages to add more depth to your analysis. Try to identify the strategic management decisions the company management may will have taken on the basis of the factors present in the business environment (i.e. observe how decisions have may been influenced by the factors present in the application of the SWOT and PESTLE). Consider for example how the company may have built on its strengths and how this may have led to increased growth (you have touched upon this at the end however it needs to be better integrated into the evaluation of financial performance) You should then track through and see how management decisions have impacted on financial performance as this will strengthen your financial analysis.6. Information gathering and Referencing
You need to 1. carry out deeper research to support the changes required in your Financial analysis . the second improvement is 2. to increase your referencing and sources within your financial analysis. You seem to be referencing appropriately but do not overlook this with your submission and consult Appendix 3 of the Information Pack if you need any help with this. Remember that every time you use a source, make a statement of fact or state the opinion of others you must provide a reference (including stating sources for your graphs, table and charts)
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I have some questions:
1. Is it true that the market want me to focus to revise the financial analysis? I perform the RR in the following order: PESTLE – Financial analysis – SWOT. Do I need to revise into the new order: PESTLE – SWOT – Financial analysis?2. I passed the SLS element, however, should I do nothing with the SLS but still submit together with the RR on the next submission?
3. Does I need to modify another areas? As I understand that the marker want to focus on the financial analysis, but if I keep another parts, the Turnitin would state that the remaining areas are the same with my first submission and this is not acceptable? And I must also upload all the appendices again?
4. As I choose food industry and use a milk company to perform the RR, is it important that I must find a milk competitor to benchmark or just a company in food industry?
5. As I submit in Nov 2017, I used 2014, 2015 and 2016 financial statements. I’m not sure that should I update it by using 2017 financial statement or just revise based on those I have used?
5. I’ve read your advises above, could you please give me some more advice that I can improve for the next submission.
Thank you so much.
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