This assignment investigates the financial management practices employed by Harrods Plc. It examines how technology influences cost control through paperless processes and data security, enabling better informed decisions based on real-time information from systems like job costing and inventory management. The report analyzes the effectiveness of marginal costing for short-term growth planning and explores various financial tools such as balance scorecards, ratio analysis, variance analysis, and benchmarking to assess potential financial risks and mitigate difficulties.