Value of Activity Pack for Business Management Classroom:
These activity packs immerse students in real-world financial decision-making scenarios, enhancing their understanding of financial concepts like budgeting, cash flow management, investment appraisal, and cost analysis. By applying theoretical knowledge to practical tasks, students develop critical thinking and strategic skills essential for business success.
List of Activity Packs and Summations:
- Creativity in Financial Reporting Role-Play
Students explore the ethical implications and consequences of creative financial reporting in a role-play between accountants and auditors.
- Ethical Financial Practices Debate
Students debate the importance of ethical financial practices and their impact on long-term business sustainability.
- Final Accounts Analysis Case Study
Students analyze final accounts to assess a company’s financial health and its implications for various stakeholders.
- Financial Ratios and Insolvency Case Study
Students calculate financial ratios to assess insolvency risks and propose strategies for improving financial stability.
- Investment Appraisal Group Project
Students evaluate potential investment projects using payback period, ARR, and NPV techniques to inform business decisions.
- Profitability and Liquidity Ratios Workshop
Students calculate and interpret profitability and liquidity ratios to assess the financial health of a company.
- Source of Finance Decision-Making Game
Students choose the most appropriate source of finance for various business scenarios, considering risk, cost, and duration.
- Budgeting and Variance Analysis Simulation
Students prepare budgets and analyze variances for a company’s cost and profit centers to monitor financial performance.
- Cash Flow Forecasting Challenge
Students create and analyze cash flow forecasts to manage potential liquidity problems in a business scenario.
- Costs and Revenues Simulation
Students categorize costs and track revenues to manage a company’s finances, making decisions to maximize profitability.