Geliga Minda

Problem 1: Geliga Minda Managerial Accounting (ACC 720) Table of contents 1.0 Issues & angstrom unit; Assumptions3 2.0 Analysis4 3.0 Possible Solutions/Management Action 6 4.0 next Strategy & Implementation suggestions11 5.0 Conclusion15 1.0 Issues & Assumptions: Puan Ros runs a home-based traditional medical specialty melodic line for the quondam(prenominal) 10 years. The medicine known as Geliga Minda which is composing of dates, raisins and spice is widely consumed by students as it is believed to be able to raise up flair and increase memory power. Puan Ross main in the buff material supplier is Pak Majid. Her nephew, Rizal is paid to handle her logistic hole where he will drives to get her supplies and also distributing Geliga Minda to retail shops. liza and Lina, her neighbours daughters are her 2 workers, work 7 hours a day to help Puan Ros to process raw materials and handling product packaging. Puan Ros has invested RM500 0 on a cottage as her deed plant; she spends about RM550 monthly on electricity air out and RM120 on water bill. Other than that, Puan Ros paid RM1 incentive to retail shops for every 1 unit of Geliga Minda sold. Puan Ross argumentation is perceived as being doing well over the years as the demand for Geliga Minda is increasing every year.

The increasing demand has jerk Puan Ros and her team to work extra hours. However, the high demand did non reflected into the desired profit and it is also challenging to compute the businesss profitability. The condition of Puan Ross business and her management imply a transformation in order to survive in the ma! rket. The next 3 sections shall analyse the underlying issues, possible solutions to mete out for the problems and future strategies that could help Puan Ros implementing a prudent management and bell effective business. 2.0 Analysis The situation Puan Ros currently facing is a honey oil scenario happens to most small home-based entrepreneurs. Business which started small, just...If you demand to get a full essay, order it on our website: BestEssayCheap.com

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