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91302732@st X MMLS Individual Assignment MDMOMDQWMjM3/a/MTI3NTc1OTAOMY4/details e t TRIMIESTER T202072021 Due date: 20 September 2020 . . Guidelines of assignment: Please answer ALL questions. Students must retain a copy of the assignment submitted. Your assignment must be attached to an Individual Assignment Cover Sheet which must be signed and dated by the student before submission. Your assignment should be using Times New Roman font with 12-point size and 1.5 lines spacing. You may use Google Docs or Microsoft Words for submission. You are required to include a bibliography/list of references for this assignment. Penalty will be given for any late submission. Kindly e-mail your written assignment with Individual Assignment Cover Sheet as the front cover to hamsatulazura.hamzah@mmu.edu.my or handed in via Google Classroom . . QUESTION 1 Many of you will work for small business. Some of you will even own your own business. In order to operate a small business, you will need a good understanding of managerial accounting, as well as many other skills. Much information is available online to assist people who are interested in starting a new business. Required: a) Based on Malaysian perspective, distinguish between micro, small and medium enterprise b) What are some of the characteristics required of a small business owner? Discuss. c) Identify and discuss several reasons of business failure. QUESTION 2 You are required to choose ONE micro, small or medium enterprise in your housing area. a) Write in your report the business profile (name, address, location, nature of business, types of business, etc.). b) Identify several main overhead costs of the business. c) Interview the owner(s) of the business, and write in your report, how the business set pricing of their products or services. MARKING SCHEME RUBRIC QUESTION 1 Part (a) Score Description 4-5 Clearly and completely described. 3 Vaguely and incompletely described 1-2 Described but irrelevant 0 Description not stated Part (b) Score Description 8-10 At least five specific characteristics are clearly stated and discussed. 5-7 At least five specific characteristics is clearly stated, but it is vague or general. 1-4 At least five specific characteristics is stated but not relevant and weakly discussed. 0 Specific characteristic(s) not stated. Part (c) Score Description 4-5 At least five reasons are clearly stated and discussed. 3 At least five reasons are clearly stated, but it is vague or general. 1-2 At least five reasons are stated but not relevant. 0 Reason(s) not stated. Ot stated. QUESTION 2 Part (a) Score Description 8-10 Comprehensive, well-articulated, in depth knowledge of the business, creatively reported. 5-7 Sound knowledge and understanding of the business, appropriate creativity in report. 1-4 Demonstration of a basic knowledge and understanding of the requirement. 0 Needed information is not reported at all Part (b) Score Description 4-5 At least five specific requirements are clearly stated. 3 At least five specific requirements are clearly stated, but it is vague or general. 1-2 At least five specific requirements are stated but not relevant. 0 Specific requirement(s) not stated. Part (0) Score Description 8-10 Comprehensive, well-articulated knowledge of the subject, in depth knowledge of the background to the problems; relevant use of appropriate illustratidns. 5-7 Sound knowledge and understanding of the subject, appropriate examples, identification of technical, educational, political and economic issues. 1-4 Demonstration of a basic knowledge and understanding of the problem. Needed information is not discussed at all 0 91302732@st X MMLS Individual Assignment MDMOMDQWMjM3/a/MTI3NTc1OTAOMY4/details e t TRIMIESTER T202072021 Due date: 20 September 2020 . . Guidelines of assignment: Please answer ALL questions. Students must retain a copy of the assignment submitted. Your assignment must be attached to an Individual Assignment Cover Sheet which must be signed and dated by the student before submission. Your assignment should be using Times New Roman font with 12-point size and 1.5 lines spacing. You may use Google Docs or Microsoft Words for submission. You are required to include a bibliography/list of references for this assignment. Penalty will be given for any late submission. Kindly e-mail your written assignment with Individual Assignment Cover Sheet as the front cover to hamsatulazura.hamzah@mmu.edu.my or handed in via Google Classroom . . QUESTION 1 Many of you will work for small business. Some of you will even own your own business. In order to operate a small business, you will need a good understanding of managerial accounting, as well as many other skills. Much information is available online to assist people who are interested in starting a new business. Required: a) Based on Malaysian perspective, distinguish between micro, small and medium enterprise b) What are some of the characteristics required of a small business owner? Discuss. c) Identify and discuss several reasons of business failure. QUESTION 2 You are required to choose ONE micro, small or medium enterprise in your housing area. a) Write in your report the business profile (name, address, location, nature of business, types of business, etc.). b) Identify several main overhead costs of the business. c) Interview the owner(s) of the business, and write in your report, how the business set pricing of their products or services. MARKING SCHEME RUBRIC QUESTION 1 Part (a) Score Description 4-5 Clearly and completely described. 3 Vaguely and incompletely described 1-2 Described but irrelevant 0 Description not stated Part (b) Score Description 8-10 At least five specific characteristics are clearly stated and discussed. 5-7 At least five specific characteristics is clearly stated, but it is vague or general. 1-4 At least five specific characteristics is stated but not relevant and weakly discussed. 0 Specific characteristic(s) not stated. Part (c) Score Description 4-5 At least five reasons are clearly stated and discussed. 3 At least five reasons are clearly stated, but it is vague or general. 1-2 At least five reasons are stated but not relevant. 0 Reason(s) not stated. Ot stated. QUESTION 2 Part (a) Score Description 8-10 Comprehensive, well-articulated, in depth knowledge of the business, creatively reported. 5-7 Sound knowledge and understanding of the business, appropriate creativity in report. 1-4 Demonstration of a basic knowledge and understanding of the requirement. 0 Needed information is not reported at all Part (b) Score Description 4-5 At least five specific requirements are clearly stated. 3 At least five specific requirements are clearly stated, but it is vague or general. 1-2 At least five specific requirements are stated but not relevant. 0 Specific requirement(s) not stated. Part (0) Score Description 8-10 Comprehensive, well-articulated knowledge of the subject, in depth knowledge of the background to the problems; relevant use of appropriate illustratidns. 5-7 Sound knowledge and understanding of the subject, appropriate examples, identification of technical, educational, political and economic issues. 1-4 Demonstration of a basic knowledge and understanding of the problem. Needed information is not discussed at all 0
