Table of Contents

Introduction.......................................................................................................................................3
Question 1 (LO 1).............................................................................................................................4
Question 3 (LO 4).............................................................................................................................5
Conclusion.........................................................................................................................................6
References..........................................................................................................................................7

Introduction
 Provide a brief introduction to the subject matter (PIM)
including an overview of the assignment
 Contextualise the learning intentions and relevance to
practice
Question 1 (LO 1)
Prepare an internal memorandum for the shareholders critically
evaluating the advantages and disadvantages of least two
strategic planning models appropriate to the care sector in
England. Then, make a recommendation as to which model you
would like to implement at BME Luxury Care Home with a
reasoned justification for your recommendation.

The strategic planning models may include PESTEL, SWOT,

Logic Modelling etc. You could also use other strategic models
which are suitable for the healthcare industry in the UK.

To achieve a pass, you should demonstrate a basic

understanding of strategic planning models used in practice.
Links should also be made to the case study.

To achieve a higher grade, you should demonstrate a very good to

excellent evaluation and application of a key strategic planning
models (at least 3) used in practice.

References should also be made to the case study, examples from

practice (where relevant) and appropriate citations in support of
the analysis.

Question 2 (LO2 & LO3)

Answer Computation yet to be completed

TASK 2: Student’s Guide

Formulas
Total margin:

(Net Income / Total Revenue) X 100

Total assets T/O:

Total Revenue /Total Assets

Equity multiplier:

Total Assets / Total Shareholders' Equity

Return on equity (ROE):

(Net Income / Total Equity) X 100

Return on assets:

Net Income / Average Total Assets (or Total Assets) X 100

Hint:

Ave TA =

Total Assets (current yr) +

Total Assets (previous yr) divide by 2

As Ave TA cannot be calculated, use

Total Assets (Current yr)

Current ratio:

Current Assets/ Current Liabilities

Days cash on hand:

Unrestricted cash & equivalents x 365 days / Operating

Expenses less (-) Annual Depreciation

Average collection period:

Account Receivable balance / Net credit sales (Account payables)

Debt ratio:

(Total Debt / Total Assets) X 100

Debt to equity ratio:

Total Liabilities / Shareholders Equity

Fixed assets T/O:

Net Sales or revenue/ Fixed Assets - (Less) Accumulated

Depreciation

NOTES:

The formulas for the tasks 2 has been provided. The student
needs to use the data in the financial information provided in the
assignment brief. The answers arrived at will then be used to
compare against the industry averages provided. The student
then needs to give brief explanations about how the company is
doing against similar organisations. For example, are they doing
much better, about the same or much worse and WHY?
Question 3 (LO 4)
To achieve this task, identify and provide a brief overview of non-
financial and multidimensional models of performance
management.

Key Aspect of the balanced scored card or the Performance

Pyramid concepts to be itemised and explained
i.e for the balance score card consider:

1. Financial, 2. Customer, 3. Internal Business Process and 4.

Learning and Growth. (Note that emphasis should be placed on
the three non-financial components – 2, 3 & 4).

To achieve a pass, students should demonstrate a basic

evaluation of the use and place of non-financial and
multidimensional models of performance management. Links
should also be made to the case study.

To achieve a higher grade, students should demonstrate a very

good to excellent critical evaluation and application of the use
and place of non-financial and multidimensional models of
performance management in practice.

References should also be made to the case study, examples from

practice (where relevant) and appropriate citations in support of
the critical analysis.

Conclusion
 Write a conclusion to complete the whole assignment and
draw some reflective reasoning about the learning
outcomes.
References