This assignment consists of two tasks. For Task 1, learners are asked to develop a ‘Socio-economic and legal assessment report’ by answering the questions given. For task 2, learners are required to make a presentation based on the scenario given for Task 2 (the details of which are provided along with Task 2 below). The presentations for Task 2 will be conducted during the final two sessions of the module, the time slots for Task 2 presentations will be informed during the sessions    Task 1: Collectively,   technological disruptions are seen as very significant drivers of industrial   change. Among these, growth in cheap computing power and the ubiquity of the   mobile internet have already had widespread impact on existing business   models. Demographic and socio-economic shifts are expected to have nearly as   strong an impact on business models and Organisational structures as   technological change. Application of technology has already changed when and   where work is done in practically every industry as workplaces of the   industrial age give way to work practices of the digital age, including work,   flexible work and on-demand work. This task requires   you to develop a ‘Socio-economic and legal assessment Report’ by choosing an   organisation from the list of below ‘disruptive brands’ available here: 1. Amazon 2. Google 3. Facebook    Your report should include the following aspects: (5000 words maximum) Executive Summary: You should summarize your entire report briefly (hopefully on no more than   one page of A4 paper). [5   Marks] Introduction: Provide   some background information on the chosen case study organisation and   identify the socio-economic trends which affect the chosen organisation’s   business model. [15 Marks] Literature Review on   Knowledge economy and various drivers of economic change: You should conduct a review of   relevant academic literature and provide a critical   analysis of the current issues/concepts that are relevant to your chosen   organisation. To achieve this, you must explore macro-economic dimensions of   business, knowledge economy concepts,   demographic and socio-economic shifts, and technological drivers of change to   support your review of the knowledge economy and the drivers of economic   changes with regard to the chosen organisation. Your literature review should   include at least 6-8 articles taken from reputed research journals/ article   publications, as well as in addition consider any other secondary literature   reports which might also be nonacademic. [25 Marks] Impact of legal   framework and political factors: In this section, you should critically evaluate the legal frameworks   and their implications on your chosen organisation’s current and future   position. A critical evaluation of the organisation’s political factors and   their influence on management and its dynamics.Therefore, the   focus of this section needs to be on:  Conclusions and   Recommendations:   You should summarize the main findings, including   their implications, and provide recommendations for the organisation and its   industry in coping with these realities. [10 Marks] References: You should use the Harvard Referencing System (HRS) correctly throughout in   your report. (1) The influence of Political   factors in the economic growth and future development of your chosen organisation. [7.5 Marks] (2) The long-term implications for   the sector of your chosen organisation. [7.5 Marks] (3) A review of the formal and   informal legal systems and anti-trust laws and their impact on the chosen   organisation’s industry [5 Marks] The report shall not exceed 5,000 words and   should include relevant examples and illustrations.    Assignment   Task 2 Presentation [25 Marks]   Case study: - ‘Drivers of change’  The World Economic   Forum is an International Organisation for public-private cooperation and   engages the foremost political, business and other leaders of society to   shape global, regional and industry agendas. The World Economic Forum has   recently published ‘The future of jobs report’ and a part of the report is   titled ‘Drivers of Change’. The part titled ‘Drivers of Change’ is available   at :- http://reports.weforum.org/future-of-jobs-2016/drivers-of-change/ ‘Drivers of Change’   mainly outlines the technological, demographic and Socio-economic trends   affecting business models along with the industry and country level changes   and the expected timeframes to impact industries and business models. Table 2   in the ‘Drivers of change’ represents the ‘significance, timeframe and   definition of drivers of change’

Students will keep a journal in an electronic format where they outline ten ideas for a new business or expansion of an existing business. The Idea Journal is where students use strategies to locate, identify, and describe new ideas and identify problems or issues requiring a new solution. For the first two units of the course students maintain an “idea journal”. This journal should show a progression in thinking and idea generation.

ACC 308 Milestone Two Guidelines and Rubric Overview: For Milestone Two, which is due in Module Five, you will create pro forma financial statements, notes to the financial statements, and develop a report for management explaining the impact of pro forma financial statements on the company’s expansion plans, implications of inventory costing, contingent liabilities, and revenue recognition. In your management analysis brief, you will also identify potential issues in interpreting financial statements. Prompt: First, review the Final Project Scenario document and the accompanying Final Project Workbook. Follow the instructions below and complete the workbook with the information provided in the scenario. Using your review of the scenario, develop a management analysis brief that addresses the critical elements indicated below. Use information from your accounting workbook to support your claims in the management analysis brief. Note: Milestone Two is a draft of some critical elements of the final project. Note that the management analysis brief informs the management analysis memo in the final project. Specifically, the following critical elements must be addressed: I. Accounting Workbook: Your accounting workbook must include appropriate calculations and statements: A. Create pro forma financial statements for predicting ability to meet future expansion goals. Pro Forma Statements are “what if” statements. If the company opens the second location, what will the budgeted income statement and budgeted balance sheets be? II. Notes to the Financial Statements: You will find an example for how to format these notes located in the module resources. Your notes must contain the following: A. Create appropriate notes as year-to-year documentation for managing depreciation, supplies, and inventory. B. Create appropriate notes for long-term debt. III. Management Analysis Brief: Your management analysis brief should explain financial information to management. Provide evidence from your accounting workbook to support your ideas where applicable. A. Discuss the impact of the pro forma financial statements for predicting ability to meet future expansion goals. B. Describe the implications of inventory costing, contingent liabilities, and revenue recognition. C. Identify potential issues in interpretation of financial information, providing examples to support your ideas.