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MAC3703 Assignment 2
(COMPLETE ANSWERS)
Semester 2 2025 - DUE 30
September 2025
NO
PLAGIARISM
[Year]
,Exam (elaborations)
MAC3703 Assignment 2 (COMPLETE
ANSWERS) Semester 2 2025 - DUE 30
September 2025
Course
Selected Accounting & Financial Management Techniques (MAC3703)
Institution
University Of South Africa (Unisa)
Book
Financial Management - Techniques
MAC3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025 - DUE 30
September 2025; 100% TRUSTED Complete, trusted solutions and
explanations. Ensure your success with us.
The foreign exchange market for travellers is a multi-billion pound business
shared by established financial institutions. Travellers buy the currency that
they need at one exchange rate and then sell any surplus back to the bank
at a much lower rate. The gap between the two rates is considerable,
particularly in SA, i.e. the existing banks enjoy significant profits from these
exchange rates. Many travellers use this service and write off the currency
loss as part of the costs of their trip, but many keep the currency in a drawer
hoping to use it on a subsequent trip. There are disrupter banks hovering in
the wings in this lucrative market. The emergence of disruptor banks has
introduced the concept of multi-currency bank accounts, where an individual
account holder can have a bank account in multiple currencies.
Consequently, a traveller in this position can simply “bank” their spare
currency rather than convert it back after their trip. Aligned with this is the
concept of peer-to-peer transactions where, via an app, two unconnected
individuals can agree to transfer currency between each other at a rate
where both benefit (compared to the bank’s buy and sell rate). This creates
the vital win/win scenario, which is the bedrock of great ideas. The amounts
per transaction are often small, but the volume could be huge, and the
disrupter banks involved see it as a way of rapidly increasing customer
numbers and making a small margin on every transaction (significantly
smaller than what is currently being made but requiring no further
involvement once the programming is complete). The established banks are
worried about this development as it represents yet another lucrative
element of the financial markets that may be lost. Required: (a) Discuss the
risks and benefits of the main strategic options open to the existing banks
(established financial institutions) to prevent the loss of the foreign exchange
profits that they currently enjoy.The foreign exchange market for travellers is
a multi-billion pound business shared by established financial institutions.
, Travellers buy the currency that they need at one exchange rate and then
sell any surplus back to the bank at a much lower rate. The gap between the
two rates is considerable, particularly in SA, i.e. the existing banks enjoy
significant profits from these exchange XYZF Ltd is a South African factory
shop producing clothing for men and women from the age of 16 upwards.
XYZF gets all their materials from ABCD Ltd, a local supplier. There are other
local suppliers in the country for the materials used by XYZF Ltd. XYZF does
not have its own sewing machines and rents them in from company X. The
clothes produced by XYZF Ltd are sold to various clothing wholesalers in
South Africa, who then supply the local retailers who physically supply the
consumers. XYZF Ltd has its own delivery trucks which delivers the clothes
from the factory straight to the wholesalers’ premises. Company Y uses
various courier companies to deliver the clothes to the local retailers. XYZF
Ltd is competing with All Clothing Limited. Although XYZF Ltd does not
supply directly to consumers, the directors believe that XYZF Ltd is creating
value for the end user and XYZF Ltd is now considering expanding its
business by supplying the clothes directly to the consumer through creating
and launching an online retail store. The online retail store will be accessible
all over the world. The directors of XYZF Ltd have appointed a project team,
led by a project manager, to investigate the feasibility of the expansion
being considered. The directors have indicated that they will not be
appointing a steering committee for the project instead they will be steering
the project themselves. The software supplier will be TNX. The instructions in
terms of what the investigation should entail are clearly stated and include
additional ecosystem participants that will need to be added to the current
ecosystem and their roles in the ecosystem, the features for the online store
application to ensure value creation, other extra resources, and their costs,
amongst others. The project manager has indicated that he is clueless about
project management, however he trusts his management and leadership
skills. The project management team is obedient, eager to learn and prefer
healthy competition, i.e., compete by performing their tasks well. The project
manager’s name is John. 4 Required: A. (i) Identify and explain the roles of at
least two business ecosystem participants in the current XYZ Ltd ecosystem,
and two in the new ecosystem resulting from the introduction of the online
retail store. (6) (ii) Identify and explain at least two features that need to be
present for the online store application to satisfy digital customer needs.
Your explanation should be specific to XYZ Ltd and clearly indicate the
benefits to digital customers. (4) (iii) What would be the effect of introducing
the online retail store to XYZ Ltd business value creation? (4) (iv) Assuming
that XYZ Ltd profit before tax is R2m (fully taxable), tax rate is 28% and they
have a policy of distributing 20% of their profit after tax as a dividend to
their shareholders, demonstrate how residual value is captured and shared
(show all your workings). (4) B. (i) Differentiate between the term
management and leadership in relation to the XYZ online retail store project.
(4) (ii) Which leadership style do you think the project manager should adopt
in managing the XYZ project and why? (6) (iii) Based on the culture of the
MAC3703 Assignment 2
(COMPLETE ANSWERS)
Semester 2 2025 - DUE 30
September 2025
NO
PLAGIARISM
[Year]
,Exam (elaborations)
MAC3703 Assignment 2 (COMPLETE
ANSWERS) Semester 2 2025 - DUE 30
September 2025
Course
Selected Accounting & Financial Management Techniques (MAC3703)
Institution
University Of South Africa (Unisa)
Book
Financial Management - Techniques
MAC3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025 - DUE 30
September 2025; 100% TRUSTED Complete, trusted solutions and
explanations. Ensure your success with us.
The foreign exchange market for travellers is a multi-billion pound business
shared by established financial institutions. Travellers buy the currency that
they need at one exchange rate and then sell any surplus back to the bank
at a much lower rate. The gap between the two rates is considerable,
particularly in SA, i.e. the existing banks enjoy significant profits from these
exchange rates. Many travellers use this service and write off the currency
loss as part of the costs of their trip, but many keep the currency in a drawer
hoping to use it on a subsequent trip. There are disrupter banks hovering in
the wings in this lucrative market. The emergence of disruptor banks has
introduced the concept of multi-currency bank accounts, where an individual
account holder can have a bank account in multiple currencies.
Consequently, a traveller in this position can simply “bank” their spare
currency rather than convert it back after their trip. Aligned with this is the
concept of peer-to-peer transactions where, via an app, two unconnected
individuals can agree to transfer currency between each other at a rate
where both benefit (compared to the bank’s buy and sell rate). This creates
the vital win/win scenario, which is the bedrock of great ideas. The amounts
per transaction are often small, but the volume could be huge, and the
disrupter banks involved see it as a way of rapidly increasing customer
numbers and making a small margin on every transaction (significantly
smaller than what is currently being made but requiring no further
involvement once the programming is complete). The established banks are
worried about this development as it represents yet another lucrative
element of the financial markets that may be lost. Required: (a) Discuss the
risks and benefits of the main strategic options open to the existing banks
(established financial institutions) to prevent the loss of the foreign exchange
profits that they currently enjoy.The foreign exchange market for travellers is
a multi-billion pound business shared by established financial institutions.
, Travellers buy the currency that they need at one exchange rate and then
sell any surplus back to the bank at a much lower rate. The gap between the
two rates is considerable, particularly in SA, i.e. the existing banks enjoy
significant profits from these exchange XYZF Ltd is a South African factory
shop producing clothing for men and women from the age of 16 upwards.
XYZF gets all their materials from ABCD Ltd, a local supplier. There are other
local suppliers in the country for the materials used by XYZF Ltd. XYZF does
not have its own sewing machines and rents them in from company X. The
clothes produced by XYZF Ltd are sold to various clothing wholesalers in
South Africa, who then supply the local retailers who physically supply the
consumers. XYZF Ltd has its own delivery trucks which delivers the clothes
from the factory straight to the wholesalers’ premises. Company Y uses
various courier companies to deliver the clothes to the local retailers. XYZF
Ltd is competing with All Clothing Limited. Although XYZF Ltd does not
supply directly to consumers, the directors believe that XYZF Ltd is creating
value for the end user and XYZF Ltd is now considering expanding its
business by supplying the clothes directly to the consumer through creating
and launching an online retail store. The online retail store will be accessible
all over the world. The directors of XYZF Ltd have appointed a project team,
led by a project manager, to investigate the feasibility of the expansion
being considered. The directors have indicated that they will not be
appointing a steering committee for the project instead they will be steering
the project themselves. The software supplier will be TNX. The instructions in
terms of what the investigation should entail are clearly stated and include
additional ecosystem participants that will need to be added to the current
ecosystem and their roles in the ecosystem, the features for the online store
application to ensure value creation, other extra resources, and their costs,
amongst others. The project manager has indicated that he is clueless about
project management, however he trusts his management and leadership
skills. The project management team is obedient, eager to learn and prefer
healthy competition, i.e., compete by performing their tasks well. The project
manager’s name is John. 4 Required: A. (i) Identify and explain the roles of at
least two business ecosystem participants in the current XYZ Ltd ecosystem,
and two in the new ecosystem resulting from the introduction of the online
retail store. (6) (ii) Identify and explain at least two features that need to be
present for the online store application to satisfy digital customer needs.
Your explanation should be specific to XYZ Ltd and clearly indicate the
benefits to digital customers. (4) (iii) What would be the effect of introducing
the online retail store to XYZ Ltd business value creation? (4) (iv) Assuming
that XYZ Ltd profit before tax is R2m (fully taxable), tax rate is 28% and they
have a policy of distributing 20% of their profit after tax as a dividend to
their shareholders, demonstrate how residual value is captured and shared
(show all your workings). (4) B. (i) Differentiate between the term
management and leadership in relation to the XYZ online retail store project.
(4) (ii) Which leadership style do you think the project manager should adopt
in managing the XYZ project and why? (6) (iii) Based on the culture of the
