Assesment 1 – BSBFIM501A Pcadbury (1)
BSBFIM501A Manage Budgets and Financial Plans
The Assessment Task is due on the date specified by your trainer. Any variations to this arrangement must be approved in writing by your trainer.
See procedure and task specifications below for details.
You must submit a printed copy of your answers.
Submit printed copy of required evidences (your answers) to your Trainer with the “Assessment Cover Sheet” (Filled out and signed appropriately) attached on top of your documents.
The Trainer/Assessor may further prompt and question in order to receive answers of appropriate quality or if further clarification required and to validate authenticity of your submitted work.
Based on your workplace or an organisation of your choice
Students are required to complete 9 tasks in this assessment. This assessment need to be submitted in a report format and in order to be satisfactory in the assessment students are required to complete all tasks. Students can choose the organisation they work at or any other organisation (see the criteria below).
You are required to produce a research and analysis report on the planning and implementation of financial management approaches, monitoring/controlling finances and reviewing/evaluating financial management processes in your organisation or any other organisation (approved by the trainer). You need to provide details of the organisation in task 1.......
This organisation can’t be a very small size organisation with less than 20 staff members and annual revenue has to be more than a million. The organisation also needs to be operated in Australia and organisation must have a website for referencing and need to be referred by students.
You must provide references and website details of the chosen organisation.
This will include the following:
Cadbury is a British multinational confectionery subsidiary company wholly owned by American company Mondelēz International since 2012. It is the second largest confectionery brand in the world after Wrigley’s. Cadbury is headquartered in Uxbridge, Greater London and operates in more than fifty countries worldwide. It is famous for its Dairy Milk chocolate, the Creme Egg and Roses selection box, and many other confectionery products. One of the best known British brands, in 2013 The Telegraph named Cadbury among Britain’s most successful exports.
Cadbury was established in Birmingham, England in 1824, by John Cadbury who sold tea, coffee and drinking chocolate. Cadbury developed the business with his brother Benjamin, followed by his sons Richard and George. George developed the Bournville estate, a model village designed to give the company’s workers improved living conditions. Dairy Milk chocolate, introduced in 1905, used a higher proportion of milk within the recipe compared with rival products. By 1914, the chocolate was the company’s best-selling product. Cadbury, alongside Rowntree’s and Fry, were the big three British confectionery manufacturers throughout much of the nineteenth and twentieth centuries.
Cadbury was granted its first Royal Warrant from Queen Victoria in 1854. It has been a holder of a Royal Warrant from Elizabeth II since 1955. Cadbury merged with J. S. Fry & Sons in 1919, and Schweppes in 1969. Cadbury was a constant constituent of the FTSE 100 on the London Stock Exchange from the index’s 1984 inception until the company was bought by Kraft Foods in 2010.
Cadburys mission statement says simply: Cadbury means quality’; this is our promise. Our standing is build ahead quality; our promise to continuous improvement will guarantee that our promise is delivered. The organization makes the maximum consumption of the competencies and correlates them to new opportunities in the market. ReFinancials and capabilities are the building blocks on which an organization builds and executes a value-added strategy.
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