Calculate the Payback Period and the Return on Investment – Management Assignment Help

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Assignment Task :

Part A 
You need to calculate the Payback period and the Return on Investment. Also, you need to  justify (explain) whether it is a good investment or not. 
Please refer to page 40 in your workbook. 
Equation to calculate the Return on Investment (ROI) = {(Total Benefits – Total Cost)/ Total  Cost} X 100 
 = % 
Payback period is the time (month/year) it takes to recognise the benefit.  
For any project if the ROI is very high and the pay back period is very short then, it would be  considered as a good investment. You need to justify your recommendation with the number  calculated from the equation.
Part B 
Read the case student given in the assessment. 
Question 1: How are you going to introduce cultural change in the entire organisation? 
You need to discuss the meaning of the bureaucratic authorisation culture. Then identify and  discuss how are you going to introduce cultural change in the entire organisation (Example:  communication, well design, innovation, training…………)
Question 2: What are the risks of introducing a cultural change in a bureaucratic authoritarian  culture and a highly unionised workforce? For example, if the change will require retrenchment,  what are the risks involve? What are the barriers to change? 
You need to identify and discuss what are the risks of introducing a cultural change in a  bureaucratic authoritarian culture and a highly unionised workforce. (Example: Financial risk,  Organisational risk, strategic risk, Legal and Regulatory risk, Employee strike, Industrial action,  Misinformation, losing experienced staff, redundancy cost…………… 
What are the barriers to change? (Example: Resistance to the change, Lack of leadership, Lack  of knowledge/skills, Lack of resources, poor communication, management style, Lack of motivation….)
Question 3: Perform a risk assessment for all the risks you identify including your  recommended mitigation strategies. Use risk analysis forms similar to the one you used in  Session 4 
You need to use a risk management matrix to answer this question. (Samples can be found on page 47  and 48 in your workbook). 

Risk Management Matrix 

Risks Level of  

Consequence 

Priority 

Preventative  

Probability 
 

 
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