MGAB01H3 Lecture Notes - Lecture 1: Financial Analysis, Contingency Plan, Problem Solving
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MGAB01H3 Full Course Notes
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Technique to solving a case analysis: (star technique) S- situational analysis: company background, how do they make money. Internal analysis: strengths and weakness, external analysis, opportunities and threats, financial analysis, key success factors, key uncertainties. A- analysis and alternatives (define and analyze issues and various alternatives: quantitative, qualitative, no more than 2-3 alternatives, 1st- one that you won"t chose, 2nd- the one you will recommend. R- recommendation: conclusion, i recommend because , action and implementation, short and long term. Impact to stakeholders (also quantitative and qualitative: contingency plan. Bullets 2-4 are not as common in accounting.