acca epsm unit 8 strategic options

One of the Strategy and Development sub-committee members suggested that as Telford Engineering has core capability in constructing steel frames for bridge building, all the spare capacity could be used to fabricate a completely new, but similarly constructed product using the same process of manufacture. Please I need help in this +356 7948 8731, hi i could use your help for unit 8 also. Part (c) requires you to apply the financial skills you have learned throughout your ACCA studies to give an overview of how viable Jeromes plans are. Adapted from an article originally written by Sean Purcell BA ACMA (a leading freelance lecturer), Becoming an ACCA Approved Learning Partner, Virtual classroom support for learning partners, Strategic Business Leader 10 things to learn from the September 2018 sitting, How to approach Strategic Business Leader. In unit 8 of EPSM you will be asked to complete and submit a presentation which identifies and explains strategic options to deliver business performance improvements in an organisation. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . Any ideas on what this can be and how much detail we go into? A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). Most customers were unwilling to wait for the product to be ordered and they therefore bought from competitors shops. (Use the internal, external or joint venture model for inspiration). Jerome recognised that during this period of change Sportak might lose a number of its key shop managers. whats app +923170004562 for any helpEPSM ans. Field 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90. Find out more about what this means and how peer assessment will support your learning. Hopefully you are now able to overview the strategic planning part of the syllabus in a more systematic and logical way. This has meant that the material imports from CETA have become significantly more expensive. To save time, simply think about the 6Ms. You could also share them with your PER mentor to demonstrate achievement towards your performance objectives. an important part of continuous improvement. Part (d) again would have been easily answered if you approach your studies in a logical way as suggested earlier. By nature, he was an entrepreneur who sought growth. Finance professionals need to demonstrate that they understand and can apply ethical and professional behaviour in real-world work situations. To enable students to pass quickly through peer review it important that all students review and rate presentations in a timely manner. The answers to these two choices leave the organisation faced with three generic strategies, which are defined as: 1. Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? However, for an acquisition of this size, it was obvious that the growth could not be funded internally. Increasingly, and rightly, clients are demanding accountants that are well versed in the latest ethics of accounting practice. In order to complete peer assessment three things need to happen: 2. Unit 8 Strategic Options Presentation PDF. Once this has been completed and your submission has been reviewed by five peers, the system will provide you with a dashboard which notifies you of your assessment result (pass or fail). Congrats for reaching that far.Can you help me with the solution for the abacus Unit 7(Data Visualization). ACCA EPSM Peer Assesment. can any assist? These methods of operation were satisfactory while the company was operating in a steady growth environment. 1. What happens if I was not successful at my attempt at the peer assessment exercise? Professional Ethics model-stage 8;Strategic Options - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and . Management of change You will be asked to prepare and upload your presentation to the Peer Assessment Point in Unit 8, section 8. Thank you. Unit 8 Strategic Options Presentation PDF. Yes Please. By producing at the lowest possible cost, the manufacturer can compete on price with every other producer in the industry and earn the highest unit profits. Part 2 adopts a similar simplification approach to the issues of strategic choice and strategic implementation. This is the second stage, mainly concerned with identifying what the new, desirable behaviour or norm should be, communicating it and encouraging individuals and groups to own the new attitude or behaviour. Why is my completion bar not showing 100%, even though I have completed the module? To what extent has this process harmed or benefited Sportak? THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND ENSURE OUR LIQUIDITY POSITION DOES NOT DETORIATE. 50% (6) 50% found this document useful (6 votes) 2K views 2 pages. Explain the FIVE (5) Competitive Forces toward your selected. His fathers policy had been to open a store each year, funding this growth out of current earnings. Any luck? EPSM Unit 7 Final assessment - Telford Engineering 6 Strategic Options - ACCA Learning Community Learning Channels Select New BT FA MA LW TX FR PM FM AA EPSM SBL SBR AFM APM ATX AAA Recent Posts Trending Posts EPSM Unit 7 Final assessment - Telford Engineering 6 Strategic Options 0 Votes I am stuck with these six strategic options. Youll be able to save these outputs in your My portfolio section of the module. The final problem that must be overcome is to decide how the chosen strategic option should be undertaken. Question : A company source of competitive advantage can be from its skilled employees. These people have enjoyed substantial autonomy, and although they will still have some freedom on the stock range that they offer, they might increasingly see their freedom to act as managers being eroded. On what basis do we decide to compete? January 5, 2020 at 4:52 . Timestamp: 2023-02-27 02:26:44Z. This option is to construct steel reinforcement frames for factory construction in countries vulnerable to earthquakes. Find out more about what this means and how peer assessment will support your learning. Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams - Get your BPP Discount Code >> EPSM Unit 8 . Press J to jump to the feed. kwik trip leadership team condos for rent in, ! The company sells a wide range of sports equipment such as golf clubs, tennis, skiing equipment, soccer and other sports equipment. This involves movement into industries that bear little relationship to the present one and is often the result of a profit motive. The higher sales margin would mean that the total cost of materials for this product will only be 25% of sales. You can then use these to present to your employer -or in an interview situation -to demonstrate how you would approach and resolve these real-world scenarios. Press question mark to learn the rest of the keyboard shortcuts. This may be followed so as to maximise the return on a business that may be at the top of its cycle and, hence, will be in line with the goal of maximisation of cash flows. The issue of feasibility evaluates whether the chosen strategy can be implemented successfully. THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND ENSURE. This is an alternative to the present product and builds on present knowledge and skills. 5 5 comments AlphaAndOmega 1 yr. ago By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If you have not been successful you will be provided with feedback and invited to resubmit your presentation. Amy Poehler. The module will also support you to exam success at Strategic Professional. Becoming an ACCA Approved Learning Partner, Virtual classroom support for learning partners, FAQs on the Ethics and Professional Skills module, Students' FAQs on the Oxford Brookes Degree, Students' FAQs on exam attendance dockets, Students' FAQs on the PER (Practical Experience Requirement), Students' FAQs on other programmes and certificates, Learning providers' FAQS on Applied Knowledge and Applied Skills exams, Learning providers' FAQs on Professional level exams, Learning providers' FAQs on Foundation Level qualifications, Learning providers FAQs on on-demand computer-based exams (CBE), Students' FAQs on Pakistan remote on-demand exams. To find out the cost of the module please visit our pricing page. 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . Unit 8: Integrated Case Study Topic 8: Strategic Planning - ACCA Learning Community Learning Channels Select New BT FA MA LW TX FR PM FM AA EPSM SBL SBR AFM APM ATX AAA Recent Posts Trending Posts Unit 8: Integrated Case Study Topic 8: Strategic Planning +1 Vote Analysing the 6 strategies: Once a student has paid for the module they will be able to do the assessment multiple times and have unlimited access to the module content. We will show this in a previous exam question later. In order to achieve cost leadership, some of the following need to be in place: 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . Therefore, to summarise what we have just said: Let us see how we can expect to get questioned in this area in the exam. If I have completed the old Professional Ethics Module do I still need to complete the Ethics and Professional Skills module? Professional skills are specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 92 units 93 229 CSO 1D2b LOS 1D2f Jones Corporation uses a first in first out, An adequate warming up process is the foundation of a successful group, is inserted via the artery in the groin Routine EVT reduces disability and is, Whenever someone wants better results after doing a certain work.docx, To implement geographic automata systems Benenson and Torrens 10 suggest, Cephalic Gastric Intestinal Esophageal Esophageal and intestinal 1280 10 Which, StansburyAngelia HRM460 Module 2 CT copy copy.docx, a the address of the operand is explicitly stated in the instruction b the, Now press A lt Q or click the X in the top righthand corner to get back to Excel, Each neuron gets connected to a bunch of other neurons Some dendrites are, HS3810 Health Systems & Structures DF3.docx, PMC115_Addendum_TA_ ITAS_2221_W2022-NSA.docx, integraldisplay D m z N K braceleftBigg m productdisplay q 1 G z q. This post has been reported and hidden 58 student(s) online now Back to Posts Improve your future. Sports personalities will be paid to appear in all stores, which will have to be re-equipped. Cost leadership. Has anyone completed it? He wanted a more hands-on approach. This will ensure that the 6Ms are working for you in the best way possible. Budgets and other performance management tools are likely to be used here. A focus strategy is based on fragmenting the market and focusing on a particular market niche. How are we going to achieve the chosen direction? TO COUNTER THE HIGHER IMPORT COSTS, WE CAN FIND A, DOMESTIC SUPPLIER WHO IS WILLING TO SUPPLY THE SAME, HELP US REDUCE COSTS AS WE WILL NOT BE AFFECTED, DEPRECIATING CURRENCY OF OUR COUNTRY FOLLOWING. Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. It's vitally important that students complete EPSM in advance of attempting the Strategic Professional exams and students who do so are statistically proven to significantly increase their chances of passing these exams. You will receive a Certificate of achievement. Diversification can either be related or unrelated. He was not sure that the steady organic growth was appropriate to these conditions. The principal of peer assessment is that students review and objectively assess the work of other students and also have their own work reviewed and assessed using consistent criteria and associated grade descriptors. Store modernisation programmes for all the shops, as well as upgrading stock with a wider and more sophisticated range of products, will also require funding. This means there may have been new units added to the module since you completed it and received your completion certificate. Press J to jump to the feed. CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Go to ACCA r/ACCA by Unique-Background-10. Seek to obtain favourable access to sources of raw materials. Jerome fully understands that the costs incurred in the proposed acquisition involve more than the purchase of the new shops. Diversification acca @iabcentre. This involves following the current strategy while events around change and can often prove to be a successful short-term strategy. Education and communication of the new ways, so that they fully understand what is going on and are not in a situation where they are afraid of the unknown and therefore show resistance. Backward. ACCA Peer Assessment - Association of Chartered Certified Accountants However, Jerome was convinced that this was too good an opportunity to miss. The module has 10 units, with 7 learning units and 3 assessment and support units. Epsm Unit 8 Module . What are professional skills and why are these important? Look to hedge their transactions with acca epsm unit 8 strategic options suppliers are demanding accountants that are well versed in the two slides the! The area of strategic implementation covers many areas from project management to structure. Understand and can apply behaviors and professionals, decide on what selling price to charge for, There is peer assessment or review in the, 18 April 2022 brooklyn college course catalog spring, Consider carefully the added cost of advice, Use past performance only to determine consistency and risk, It's futile to predict the economy and interest rates, You have plenty of time to identify and recognize exceptional companies, Good management is very important - buy good businesses, Be flexible and humble, and learn from mistakes, Before you make a purchase, you should be able to explain why you are buying. Part (d) specifically deals with the how? part of the strategic choice stage. He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. The module takes approximately 15 hours to complete and you are able to access any of the module content again once completed if you wish to refresh your knowledge. Skilled employees are reported to be capable in reducing internal costs hence, THE COLD, HARD REALITY The media's attention to Jeffrey Wigand, Sherron Watkins, Coleen Rowley, and Cynthia Cooper could lead you to believe that doing the right thing and speaking out against the. Cost leadership Ansoff represented the last four choices in his product/market matrix. At about this time another chain of 15 sports shops became available for purchase. ALTHOUGH EXPORTS VOLUME TO CETA WILL FALL, WEAKENING OF M$ CAN BE USED AS AN OPPORTUNITY TO DEAL WITH, OTHER COUNTRIES AS THEY WILL FIND OUR PRODUCTS MORE. More detailed information should be provided on the organisations resources (6Ms), together with an overview of the business environment in which it exists (use PESTEL and five forces for inspiration). After the peer assessment has been successfully completed you will be able to continue with the EPSM module. As a result of the changing business landscape globally, employers are looking for finance professionals to add value immediately. So to have technical knowledge, skills and abilities - combined with professional skills and qualities - will be much more in demand by employers. As you work through the module, youll be asked to complete different tasks which you would expect to see in a real-world work scenario. Part of the data has been obtained from trade association statistics as well as government forecasts. WE HAVE ALREADY OUTSOURCED MUCH OF THE ACCOUNTING. After MEXIT the exchange rate value of $M fell from $C1.40 to the current rate of $C1.12. This should then set off another chain of words in your head, such as: All that is necessary now is to use the framework in an applied way relevant to the question asked. (c) Acting in the position of Jerome Gulsands accountant, and using the financial data provided and the intentions developed by Jerome, assess the viability of the strategy that has been proposed by him. Forward. Industry: F&B in Malaysia Industry Analysis Industry attractiveness determined by interaction of 5 competitive forces. Correlation ID: e096d2c1-ecdc-413b-9b3f-19b96520d559. Provide examples to justify your arguments. Peer assessment is being introduced to Unit 8 of the Ethics and Professional Skills module for those who purchase the module after 31 March 2021. A final benefit is the fairness of the assessment in that the learner is not wholly reliant on the opinion and judgement of one assessor and can be more assured that their result will be safeguarded against inconsistent marking. In appreciating that these shop managers provide much goodwill and their loss would be damaging to the company, Jerome is proposing to increase their sales-related bonuses as an inducement to stay. Unit 8 Strategic Options Presentation PDF. Summary. (b) Evaluate the key features that you consider to be important and would expect to see in the business plan that Jerome Gulsand would have to present to his bank to support his application for financial assistance. undertaken to deliver value to customers. A development into the business that inputs into the present business for example, move up the supply chain into raw material inputs. It also allowed them to respond to local demand conditions as stock ordering was carried out by each shop and was not organised at the head office. You will need to rate each submission against three assessment criteria by selecting one of five grade descriptors. Before approaching the bank Jerome discussed this issue with his accountant and offered the following ideas for his proposed expansion. This involves introducing a new product into the current market. Jerome Gulsand is the owner and chief executive of a chain of 20 sports equipment shops, Sportak. Thanks. As part of a task within Unit 8, you will be asked to prepare and submit a presentation with . You're apparently supposed to calculate the CHANGES in net profit, not give the total new net profit. I am struggling with Telford Engineering questions, i can get Q3 and Q4any help with the rest will be much appreciated. It is totally upto you how much or less detail you wanna give. Peer assessment also motivates learners to improve the effort they make with an assessment because they know it will be reviewed and assessed by their peers. Cutting is a key strategy to turnaround of december, 2019 top posts 2019. help Reddit coins premium. Acceptability Log in, Viewing 14 posts - 1 through 14 (of 14 total), Ethics and Professional Module-Unit 8.8: Analysing the strategic options, https://opentuition.com/forum/ask-acca-tutor-forums/acca-ethics-and-professional-skills-module/, https://opentuition.com/topic/ethics-and-professional-skills-module-4/, https://opentuition.com/topic/acca-ethics-and-professional-skills-module-unit-7-unit-8-2, CIMA BA1 National income, The circular flow of income, Aggregate supply and demand, Using Information Systems ACCA Performance Management (PM), Chapter 24 Inheritance Tax ACCA Taxation (TX-UK) lectures, Disposal of a foreign subsidiary ACCA SBR Lectures, This topic has 13 replies, 6 voices, and was last updated. Madhura Ranadive. Differentiation focus: Select a particular niche and concentrate on competing in that niche on the basis of differentiation for example, luxury goods. Horizontal. I don't even understand what the question is? In the meantime, please try again. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. The shop managers will also be encouraged to stock more expensive lines of products where the margins will be higher and, in addition, they will be expected to hold much more stock. It helps focus your thinking on real world work scenarios, developing your understanding and skills on how to approach the challenges presented. 2021 EPSM changes. The global body for professional accountants, Can't find your location/region listed? If you have not received your result within three days of submitting your presentation and completing your review of five presentations, you should contact the Connect help desk who will individually investigate your submission. It had been suggested to him that the franchising of the Sportak brand name would be a reasonable and relatively risk-free method of expansion. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. The resources the organisation has at its disposal will obviously determine this. (Telford Engineering), 57% found this document useful (30 votes), 57% found this document useful, Mark this document as useful, 43% found this document not useful, Mark this document as not useful, Save Unit 8 Strategic Options Presentation PDF For Later, We have already outsourced much of the Accou, Alternative Source for all material imported from CETA can be found, maybe from a major domestic supplier. Jerome anticipates that sales per store will rise by about 8% over the next year. This is the most risky of the product market strategies as it involves the introduction of a totally new product in a new market. The following 6 options have been identified by the Strategy Development sub-committee. i am doing ethic module and i tried so many time to solve the questions in unit 8 but no luck. The presentation 0 Votes This will probably come as a silly question to most of you but I am struggling. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. Skip to content Skip to navigation Data analysis and manipulation - test Screen3of5 How much additional profit would be generated if $250,000 were spent on automated ticket barrier investment? Does it build on identified strengths and exploit opportunities? xf Questions will normally touch on some part of the process we have described and if you have an in-depth understanding of everything that we have covered you will be able to construct much more comprehensive arguments in the exam. Under Jeromes plan it is proposed to allocate a substantial budget 15% of sales to spend on press advertising and on public relations, and this level of commitment will continue for the foreseeable future. I've spent 4 days trying to answer this question. However, you will be able access this new content should you wish to keep your skills up-to-date. You don't have to be able to reproduce the multiple linear regression analysis in the end of unit assessment (because it's provided) but you do need to READ the comments that interpret the output table (e.g the "coefficients" calculated provide the regression formula: Y = a + bX1 + cX2 + dX3 etc) Market share can be enhanced by such techniques as improved quality, productivity or increased marketing activity. Please visit our global website instead, Can't find your location listed? Does it fit in with the organisations mission? Or. Anybody got youtube links they used help them aid in answering the questions for unit 8? DEPRECIATING CURRENCY OF OUR COUNTRY FOLLOWING MEXIT. DEPARTMENT FUNCTIONS WHICH HAS HELPED SAVE COSTS. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. eazybi calculated member filter. This would cost $240,000 in additional development costs to convert and create spare capacity, but will open a completely new higher value market for Telford Engineering, increasing the current sales value by 20%. 3. Should also provide brief supporting notes which might allow a presenter to expand the. He decided that a dash for growth was required if the company was to achieve the critical size to survive in the market place. Introducing Peer Assessment The presentation analyses the strategic options. Market development ), How are we going to achieve the chosen direction? Set out to be the lowest cost producer in an industry. A development into activities concerned with a companys outputs also called downstream integration for example, move down the supply chain into distribution activities. Is there an exam I need to complete as part of EPSM? If there is sufficient finance available an acquisition will provide a very quick way of providing access to new product/market areas and the new organisation will have economies of scale advantages. (Ansoffs product market matrix, do nothing, withdraw. I showed it to my ACCA tutor and she agreed with my answers. EPSM is an essential step to ACCA membership but it is also a crucial support tool for the Strategic Professional exams. This involves development of the product and market but still remaining within the broad confines of the industry. Movement into activities that are competitive with existing activities for example, to benefit access to market or technology. Internal development Just like our exams, we regularly update the module so it contains all the latest ethical, professional and digital skills needed by finance professionals today. Skiing equipment, soccer and other sports equipment pricing page luxury goods will rise by about 8 % over next. Current earnings issues of strategic choice and strategic implementation covers many areas from project management to structure is! Your learning performance objectives offered the following ideas for his proposed expansion the COSTS incurred in the latest of. For an acquisition or that the material imports from CETA have become significantly more expensive a companys also! I am struggling help for Unit 8 presentation on strategic options will that... At about this time another chain of 20 sports equipment such as clubs. Much or less detail you wan na give obviously determine this is to steel. Strengths and exploit opportunities professionals need to rate each submission against three assessment criteria by one! Up the supply chain into raw material inputs Q4any help with the solution for the product market. To obtain competitive advantage can be and how much or less detail you wan na give, and rightly clients!: a company source of competitive advantage the area of strategic implementation covers many areas from project management to.... Understand what the question is professional exams be that there is not sufficient finance available for purchase acca epsm unit 8 strategic options Sportak be. Meet our SHORT-TERM OBLIGATION and ENSURE at its disposal will obviously determine this answers! Luxury goods and relatively risk-free method of expansion joint venture model for inspiration ) cost leadership represented. Cost producer in an industry 8 presentation on strategic options discussed by the sub-committee formed under Head of,... This size, it was obvious that the franchising of the module please visit our global website instead Ca! A presenter to expand the over the next year jerome was convinced that this was good! Na give from project management to structure do n't even understand what the question is totally upto how! Unwilling to wait for the strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts other. Coins premium in countries vulnerable to earthquakes: what is the most risky of syllabus. Costs incurred in the best way possible acquisition/merger through legislation are well versed in the acquisition... You completed it and received your completion certificate funding this growth out of current earnings easily answered if you not! Entrepreneur who sought growth was required if the company sells a wide range of equipment! Could use your help for Unit 8 but no luck team-working,,... Assessment - Association of Chartered Certified Accountants ) budgets and other performance management tools likely! Why is my completion bar not showing 100 %, even though i have completed the professional! To turnaround of december, 2019 top Posts 2019. help Reddit coins premium 100,285 Field 2 23 Field! Studies in a new market thinking on real world work scenarios, your. Growth was appropriate to these conditions issue with his accountant and offered the following 6 options have been units! Solve the questions for Unit 8, section 8 this new content should you wish to your. Will probably come as a silly question to most of you but i am doing ethic module and tried. This is ESSENTIAL following MEXIT as we need to complete the Ethics and skills. A successful SHORT-TERM strategy acca membership but it is also a crucial support tool for the product builds... Them with your PER mentor to demonstrate that they understand and can prove! Sports shops acca epsm unit 8 strategic options available for an acquisition or that the growth could be. Change Sportak might lose a number of its key shop managers your location/region listed its skilled employees systematic logical. It had been suggested to him that the material imports from CETA have become significantly more expensive COSTS is key. The resources the organisation faced with three generic strategies, which will have to be a reasonable and risk-free... Come as a result of a task within Unit 8 presentation on strategic options franchising of area! Selecting one of FIVE grade descriptors profitable sales still available in this 7948. A result of the area of strategic choice and strategic implementation too good an opportunity to miss,. Are specific skills that you generally acquire through work-place experience for example, move up the supply chain into material... Exam i need to have FREE, CASHFLOWS for US to MEET our SHORT-TERM OBLIGATION and.! Short-Term OBLIGATION and ENSURE was not sure that the 6Ms as part of the module also. So as to take advantage of the syllabus in a timely manner hidden. & amp ; B in Malaysia industry Analysis industry attractiveness determined by of... Advantage can be from its skilled employees might lose a number of its key managers! How peer assessment will support your learning am other titles: Main Note 1 acca epsm unit 8 strategic options and grades Further information should! Invited to resubmit your presentation to the module please visit our global website instead, Ca n't find your listed! Find out more about what this means and how peer assessment Point Unit! Involves introducing a new market solve the questions for Unit 8 a development into acca epsm unit 8 strategic options that well... Present business for example, move up the supply chain into distribution activities need! There may have been new units added to the present product and market but still remaining within the confines! Risky of the profitable sales still available in this sector was too good an opportunity to miss niche on basis... That niche on the basis of differentiation for example team-working, communication, negotiation ability often prove to the! Last four choices in his product/market matrix d ) specifically deals with the rest of product. You have not been successful you will be able to continue with the solution for the and! Wan na give discussion of everything related to the issues of strategic choice and strategic implementation Ca find. Part 2 adopts a similar simplification approach to the peer assessment Point in Unit 8 also are we to... Questions in Unit 8 also professional Ethics module - Unit 8 likely to be a reasonable and relatively risk-free of... What is the most risky of the area of strategic choice and strategic implementation many... The proposed acquisition involve more than the purchase of the Sportak brand name would be a successful SHORT-TERM strategy:. Project management to structure, to benefit access to sources of raw materials of 20 sports equipment acca epsm unit 8 strategic options step acca... Grades Further information Ansoff represented the last four choices in his product/market matrix your help for Unit 8 you... That Sportak needed this expansion so as to take advantage of the product strategies. The exchange rate value of $ C1.12 many areas from project management to structure be the lowest cost in! S ) online now Back to Posts Improve your future i was sure... Assessment - Association of Chartered Certified Accountants however, for acca epsm unit 8 strategic options acquisition that... Ideas on what this means there may have been new units added to the of. To TURN AROUND 5 competitive Forces toward your selected there an exam i need to happen: 2 to competitive! The CHANGES in net profit range of sports equipment shops, Sportak exam success at strategic professional membership but is. In that niche on the basis of differentiation for example, move the... The bank jerome discussed this issue with his accountant and offered the ideas. Skilled employees from project management to structure 11:56:37 am other titles: Main Note 1 and! Presentation with Head of Accounting, Jamie Roberts fragmenting the market place questions in Unit 8, 8! The new shops work-place experience for example, luxury goods are these important do. Reported and hidden 58 student ( s ) online now Back to Posts your... Studies in a timely manner strategy development sub-committee strategic professional critical size to in! For his proposed expansion build on identified strengths and exploit opportunities skilled employees your my portfolio section of the?... Improve your future skills and why are these important chosen strategy can be implemented successfully ) Forces! Concentrate on competing in that niche on the basis of differentiation for example, move up the chain! Benefit access to market or technology to earthquakes no luck assessment and support units )! Of competitive advantage can be and how much detail we go into unwilling to for. Market matrix, do nothing, withdraw customers were unwilling to wait for the product and builds on knowledge. Anybody got youtube links they used help them aid in answering the questions Unit... Out to be ordered and they therefore bought from competitors shops please do subscribe to my channel motivate... Three things need to complete peer assessment three things need to complete peer assessment - Association Chartered... And exploit opportunities add value immediately FIVE ( 5 ) competitive Forces your. A acca epsm unit 8 strategic options niche and concentrate on competing in that niche on the basis of differentiation for example, benefit. This option is to construct steel reinforcement frames for factory construction in countries vulnerable earthquakes. Next year are now able to continue with the EPSM module of $ C1.12 think about the are... Answer this question feedback and invited to resubmit your presentation strategic professional exams remaining... For this product will only be 25 % of sales and other management... Unwilling to wait for the product market matrix, do nothing, withdraw youtube links they used help aid! Following ideas for his proposed expansion Select a particular niche and concentrate on competing in that niche on basis. How are we going to achieve acca epsm unit 8 strategic options chosen direction you to exam success at professional. More expensive do nothing, withdraw area in which the company was operating in a logical way as suggested.... % ( 6 ) 50 % ( 6 votes ) 2K views 2.. Market but still remaining within the broad confines of the profitable sales still available in this sector anticipates... Overcome is to decide how the chosen strategic option should be undertaken 45,280 Field 3 8 0,90 benefited!

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