问答题(b) Benefit owners, benefits maps and benefits realisation are important concepts in benefits management process. Explain each of these concepts and their potential application to the computer-based assessment project.(10 marks)

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问答题(b) Assess the advantages of appointing experienced and effective non-executive directors to the KK board during the period in which the company was growing rapidly. (7 marks)

问答题2.Rosey and Atkins (R&A) is one of the largest institutional investors in the country. Its investment strategy has traditionally been to own a minor shareholding in each of the top 200 companies on the stock exchange. The R&A shareholding is typically between 2% and 10% of each company and it manages funds for over two million clients(people and businesses who buy into share funds managed by R&A). Established over 200 years ago, R&A has always believed itself to be socially responsible. As part of its CSR strategy,R&A recently purchased 100% of the shares in a national housebuilder, Natcon, which it owned as a direct holding and did not include in its managed funds. Natcon, in turn, owned a large amount of land suitable for future low cost housing development. The R&A website reported that the reason for this purchase was to address the board’s concerns over a shortage of affordable housing in the country which R&A felt they could help to address by having outright ownership of Natcon. R&A reported that there was a large social need for affordable homes, and it hoped to create many hundreds of new low cost homes each year. Natcon wanted to build a large estate of new homes in the town of Housteads and the local government authority granted the required building permission. But the nearby University of Housteads strongly opposed it because it believed the new houses would ruin what was considered to be a panoramic view from the university campus which helped it to recruit staff and students to the university. Both the Housteads local government authority and the University of Housteads had money from reserves invested as clients (i.e. fund investors) with R&A, but with the university having a substantially smaller investment in the fund than the local government authority. The local government authority also owned shares in R&A, meaning that it was both an investor in funds and a shareholder in R&A. Required:

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