Competency
Formulate strategic decisions based on a financial analysis of organi
Competency
Formulate strategic decisions based on a financial analysis of organizational performance.
Scenario
You are the Financial Executive for TF Partners, an electric car battery manufacturer, and you have been tasked to create a financial risk assessment. This risk assessment will be used in your monthly performance discussion with the COO and CEO. TF Partners has been profitable throughout the economic downturn; however, a global pandemic’s impact has caused suppliers to delay sending raw materials and other goods needed to produce your product. The company’s current strategic objective is to increase profits by 15%, reduce the use of inefficient assets by 10%, and increase organizational sustainability by 5% through investment in green initiatives.
Instructions
In Microsoft Word, create a financial risk assessment document to measure the financial risk and performance of TF Partners. Your financial risk assessment should:
– Create a rating system using industry best practices to analyze the financial position of TF Partners (include operating, financing, and investing activity categories)
– Create a rating system using industry best practices to evaluate the risk to maximize the goals of TF Partners listed above
– Based on the risk assessment, make a recommendation of the financial strategies TF Partners can use to increase organizational performance
– Provide attribution for 8 scholarly credible sources
Grading Criteria –
Criteria 1 – Financial risk assessment includes clear and comprehensive rating system using industry best practices to analyze financial position (includes operating, financing, and investing activity categories).
Criteria 2 – Financial risk assessment includes a clear and comprehensive rating system to evaluate risk in order to maximize the goals of TF Partners.
Criteria 3 – Financial risk assessment includes a clear and comprehensive recommendation of the financial strategies TF Partners can use to increase organizational performance.
Criteria 4 – Used and attributed 8 credible sources.
Added chart to for easier explain with words the rating system(s)