Assignment Task 2
1. Explain the process and significance of budgeting process. Critically evaluate various methods of budgeting and how they differ from each other? As a Finance Manager, which budgeting approach would you employ and why? You are also required to examine the impact of technology on the budgeting process and see how technology can be best used in the process to enhance and speed up the budgeting process?
2. Explain why it is important for organizations to measure their performance. Discuss the different types of performance management tools and techniques which can be deployed in large global companies for evaluating its suitability across a range of business and economic environments.

Assignment Task 3
1. Acquisition and utilization of funds are two of the major decisions taken by an organization which requires careful analysis. You are required to explain and evaluate various sources of finance available to a business. Once this is done, you must examine and justify 15% Net Asset Investment decision taken by your chosen organization in order to upgrade the technology. Which sources of finance do you believe would be appropriate for your chosen organization and why?

2. Considering your organizations plans of making capital investments which is the need of the hour as the organization is facing a tough competition, the board of directors have approached you for your expertise in regards to making a capital decision. You must critically evaluate the investment appraisal techniques you would employ to help your organization to reach a decision. You are also required to explain the time value of money and hence compare and contrast the discounted and non-discounted capital budgeting techniques.