Corporate Fin Mgt NDLM.PDF

Learning Unit- 3

Budget

1. Group Activities

1.1 Each group will be given reading materials and details of group activities.

Each group should read the material supplied, discuss solutions to the

exercise given in the group activities and make presentations thereon.

1.2 Each group will be given sufficient time to discuss and to prepare visual

aids for presentation.

2. Group 1:

2.1 Group 1 will be assigned the task of designing a responsibility centre by

using the concept of performance budgeting.

2.2 The group will select a responsibility centre of their choice and design the

same as per check list given in the reading materials.

2.3 The time for presentation and moderation will be approximately 30- 40

minutes.

2.4 After the group presentation, the participants will list out the learning

points in the plenary.

3. Group 2:

3.1 Group 2 will work on an application of Zero Based Budgeting. Group 2

will select a decision unit, list out 5 to 10 decision packages under the

selected decision unit, and choose one specific decision package to design

with reference to the points in the Reading Material.

3.3 Approximately, two hours will be given for the group to discuss and to

prepare the visual aids for presentation. In addition, 30-40 minutes will be

available for presentation and moderation.

3.4 After the group presentation, the participants will list out the important

learning points in the plenary.

Note: Both the first group and second group may assume approximate financial figures
for the purpose of class-room exercise. Lack of exact financial figures cannot be assumed