Thanks in advance. Organisational structure (d) Discuss whether a franchise operation would have been a better option for expansion than an acquisition. 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. STRATEGIC OPTIONS IDENTIFIED BY THE SUB-COMMITTE. Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? . Press J to jump to the feed. AADB2C: An exception has occurred. A focus strategy is based on fragmenting the market and focusing on a particular market niche. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM.. eh. Differentiation occurs when the differentiated product is able to obtain a price premium in the market that is above the cost incurred to create the differentiation. A major reason for this successful development lay with the philosophy of Jeromes father who delegated much of the decision-making to the individual shop managers. 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. 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. ), Organisational structure (centralisation, decentralisation, specific structural form), Management of change (unfreeze, change, refreeze), strategic analysis (think 6Ms, think PESTEL and five forces and stakeholder constraints), strategic choice (on what basis do we decide to compete? Yes Please. Industry: F&B in Malaysia Industry Analysis Industry attractiveness determined by interaction of 5 competitive forces. Look to develop product designs that facilitate automation. Part (a) examines your knowledge of the implementation stage by asking a specific question on structure and whether you believe decentralisation has had any detrimental effect on Sportak. The global body for professional accountants, Can't find your location/region listed? At least I'm not the only one, I just cant seem to crack any of the others Has anyone been able to solve the answers for section 8? Market share can be enhanced by such techniques as improved quality, productivity or increased marketing activity. Uploaded By Ratings 83% (6) This preview shows page 1 - 2 out of pages. Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams - Get your BPP Discount Code >> EPSM Unit 8 Course Hero is not sponsored or endorsed by any college or university. Cost leadership The company sells a wide range of sports equipment such as golf clubs, tennis, skiing equipment, soccer and other sports equipment. Jerome recognised that during this period of change Sportak might lose a number of its key shop managers. Advertisement Coins. This post has been reported and hidden 58 student(s) online now Back to Posts We will show this in a previous exam question later. 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. After the peer assessment has been successfully completed you will be able to continue with the EPSM module. Part 2 adopts a similar simplification approach to the issues of strategic choice and strategic implementation. I'm stuck on this one too, did you work it out yet? TO COUNTER THE HIGHER IMPORT COSTS, WE CAN FIND A DOMESTIC, SUPPLIER WHO IS WILLING TO SUPPLY THE SAME MATERIALS AT A CHEAPER, RATE AND WITHOUT REDUCING THE QUALITY OF MATERIAL THIS WILL, HELP US REDUCE COSTS AS WE WILL NOT BE AFFECTED BY THE. Positive reinforcement (praise, reward, etc) or negative reinforcement (sanctions applied to those who deviate from the new behaviour) may be used. 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. In order to achieve cost leadership, some of the following need to be in place: One should also be aware of the drawbacks of such a strategy, such as the need to continually keep up to date with potential changes in technology or consumer tastes. In order to complete peer assessment three things need to happen: 2. 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. Stuck at unit 8 strategic options questions. Hopefully you are now able to overview the strategic planning part of the syllabus in a more systematic and logical way. March 15th 2021 AN ACCA USER Login to answer 0 Votes Stuck at unit 8 strategic options questions The following 6 options have been identified by the Strategy Development sub-committee MEXIT, Telford Engineering March 15th 2021 AN ACCA USER Login to answer Drop your whatsapp number March 23rd 2021 AN ACCA USER Login to comment Jerome Gulsand is the owner and chief executive of a chain of 20 sports equipment shops, Sportak. Press question mark to learn the rest of the keyboard shortcuts. To find out the cost of the module please visit our pricing page. Focus On what basis do we decide to compete? Or. EPSM: Unit 8 Peer Assessment Presentation We are asked to identify and explain some strategic options to turn around the financial performance of a given company. Thanks. Backward. A development into the business that inputs into the present business for example, move up the supply chain into raw material inputs. What happens if I was not successful at my attempt at the peer assessment exercise? He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. Movement into activities that are competitive with existing activities for example, to benefit access to market or technology. 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! I am struggling with Telford Engineering questions, i can get Q3 and Q4any help with the rest will be much appreciated. These shops are clustered in the south of the country. https://i.postimg.cc/prKrFCLw/Analying-the-6-strategic-options-Screen-2.png By a competent use of merchandising, it is hoped that these stores will increasingly be recognised as centres for influencing the fashion of both sports equipment and clothing. Jerome has also decided to tackle the problem of marketing and, in particular, promotion. And you will also be given a personalised dashboard of your performancein the end of unit assessment and a transcript showing the skills you will have demonstrated throughout the module, Youll have completed one of the three key requirements towards ACCA membership (the others being exams and experience). Amy Poehler. In Table 1 is a summary of the figures that have been prepared by Jeromes accountant for discussion. 3. The decentralised approach adopted by his father has not brought about the development of a well-known image and, therefore, the brand of Sportak needs to be strengthened. Sports personalities will be paid to appear in all stores, which will have to be re-equipped. 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. 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. CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. Sample ACCA exam This involves introducing a new product into the current market. Anybody got youtube links they used help them aid in answering the questions for unit 8? You can nominate us in any or all of the following categories: Online College of the Year, Study Resource of the Year, Private Sector Lecturer of the Year, and Accountancy Personality of the Year. It is totally upto you how much or less detail you wanna give. I'm trying to do this now and I'm stuck here. As a consequence of differentiation being about uniqueness, it is not really possible to give an exhaustive list detailing how a firm may differentiate itself. Has anyone completed it? Recently it has expanded its range to include certain types of designer sports clothing. OUR LIQUIDITY POSITION DOES NOT DETORIATE. Horizontal. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. He was not sure that the steady organic growth was appropriate to these conditions. Most customers were unwilling to wait for the product to be ordered and they therefore bought from competitors shops. A formal agreement between two or more organisations to undertake a new venture together for example, Airbus (spreading of cost). Cost leadership. For the change to take place the existing equilibrium must be broken down before a new one can be adopted. All you need to remember is the key steps of strategic analysis, choice and implementation. 1. How are we going to achieve the chosen direction? Jerome anticipates that sales per store will rise by about 8% over the next year. EPSM -Strategic options on Unit 8- Integrated Case Study. This has meant that the material imports from CETA have become significantly more expensive. Diversification can either be related or unrelated. 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. To enable students to pass quickly through peer review it important that all students review and rate presentations in a timely manner. Joint development Before approaching the bank Jerome discussed this issue with his accountant and offered the following ideas for his proposed expansion. If you were to brainstorm the main issues regarding centralisation and decentralisation, and then see which apply in the context of the case, a comprehensive answer would be able to be obtained. Ethics and Professional Module-Unit 8.8: Analysing the strategic options - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests Ethics and Professional Module-Unit 8.8: Analysing the strategic options - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests Skip to primary navigation About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. 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%. The firm will not market its products industry-wide but will concentrate on a particular type of buyer or geographical area. It helps focus your thinking on real world work scenarios, developing your understanding and skills on how to approach the challenges presented. Timestamp: 2023-02-27 02:26:44Z. https://i.postimg.cc/gchnQzHg/Analying-the-6-strategic-options-Screen-4.png 2021 EPSM changes. These shop managers were remunerated partly by a basic salary and partly by a sales-related performance bonus, which could be up to 40% of their basic salary. Forecasts of immediate future sales appear to be attractive. No, however EPSM will support your learning for Strategic Professional exams so we would still recommend that you take the EPSM if you have any of these exams yet to complete. You will receive a Certificate of achievement. 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. By being grounded in real business examples and covering the full range of advanced ethical and professional skills, the Ethics and . View community ranking In the Top 5% of largest communities on Reddit. In order to achieve cost leadership, some of the following need to be in place: 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) The following 6 options have been identified by the Strategy Development sub-committee. By nature, he was an entrepreneur who sought growth. To save time, simply think about the 6Ms. 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. Sorry, this post was deleted by the person who originally posted it. Your presentation will be reviewed and rated by five other students and you will be required to review and assess five presentations prepared by others. This will ensure that the 6Ms are working for you in the best way possible. You will need to rate each submission against three assessment criteria by selecting one of five grade descriptors. whats app +923170004562 for any helpEPSM ans. However, Jerome was convinced that this was too good an opportunity to miss. Question 1 50% (6) 50% found this document useful (6 votes) 2K views 2 pages. He believes that this growth in sales, accompanied by his more aggressive approach to retailing, will enable his bold expansion plans for Sportak to be achieved. 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. Professional skills are specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability. Reddit and its partners use cookies and similar technologies to provide you with a better experience. (Ansoffs product market matrix, do nothing, withdraw. Explain the FIVE (5) Competitive Forces toward your selected. Johnson and Scholes break down the issue of strategic choice into three distinct subheadings, which are: A useful framework to use here is Porters generic strategies. 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. Please visit our global website instead, Can't find your location listed? Product development Cost focus: This involves selecting a particular niche in the market and focusing on providing products for that niche. After MEXIT the exchange rate value of $M fell from $C1.40 to the current rate of $C1.12. Explain how Thomas Cook management can "use of aggressive accounting methods to flatter its financial performance"? Sell out/withdraw from the market acca @iabcentre. whats app +923170004562 for any helpEPSM ans. 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. The proposal is to start producing booms or jibs for large crane manufacturers. txt) or read online for free. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Part (d) specifically deals with the how? part of the strategic choice stage. Congrats for reaching that far.Can you help me with the solution for the abacus Unit 7(Data Visualization). Why do we have the Ethics and Professional Skills module (EPSM)? However, for an acquisition of this size, it was obvious that the growth could not be funded internally. You peer review and rate the presentations of five peers, 3. Common sense would tell you that the business plan should include an overview of Sportaks business. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. In the meantime, please try again. ACCA Ethics Module - Unit 8 There are a series of tests throughout the module and the final unit of the module is an assessment which you will need to pass. please help. hello i'm also attempting SBL exam in June 2021.. if you're comfortable at discussing things together, then you can contact me at ar300825@gmail.com, Stuck at unit 8 strategic options questions 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. If I have completed the old Professional Ethics Module do I still need to complete the Ethics and Professional Skills module? To what extent has this process harmed or benefited Sportak? 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. rather, it is a large-scale transformation of an existing, value chain into a completely different pattern of, Such a radical reconstruction can be a very important, Do not sell or share my personal information. Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. This involves movement into industries that bear little relationship to the present one and is often the result of a profit motive. The same peer review process is then repeated with another virtual peer assessment group. By concentrating on a limited range of products or a small geographical area, the costs can be kept low. 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. The 13 ACCA exams are divided into 3 levels - Applied Knowledge, Applied Skills and Strategic Professional. Diversification In this case the organisation keeps its tried and tested products but aims to apply them to different market segments. Jerome assumed that he might use the freeholds of the properties Sportak owned as securities for the finance the company needed to borrow. However, by late 20X1 there was evidence that Sportaks overall position within the market was weakening. The answers to these two choices leave the organisation faced with three generic strategies, which are defined as: 1. Any luck? Hi can anyone help me on this? This would mean that all current spare capacity could be committed to this additional product. Should this be the case your completion bar may fall below 100%, but this does not impact impact your completion status and it is not compulsory for you to complete any new content added to the module. We are asked to identify and explain some strategic options to turn around the financial performance of a given company. (Use the internal, external or joint venture model for inspiration). Is the company wishing to differentiate itself and the customer is prepared to pay a premium price for the added value which the customer perceives in the product, and thereby enjoys greater margin than the undifferentiated product? The translated cost of these imported materials from CETA in the current P/L account is $M1,100,000. Asia Pacific University of Technology and Innovation, pdfcoffee.com_strategic-question-pdf-free.pdf, 02_Group 5_Case 3_National Cranberry Coop.pptx, Prestige Institute Of Management & Research, Strategic Marketing Spring 2020 MKT4449v3.pptm, 3 Coupon Marketing Expense Coupons do not just magically appear in consumer, had been built in the woods several hundred yards back from the water Mighty, Managers decide if or how their employees performance should be rewarded and, Which of these is NOT a purpose for general feedback Select one a To help, Home Fall Prevention Checklist(1)(1).docx, short term sales 2 Develop at least two strategies to develop the skills of the, Legitimacy maintenance is also required as social expectations and values change, To demonstrate that he is not the kind of leader who hides in bunkers the, Rhetorical Analysis Draft_ Barack Obama's Farewell Speech.docx, 452 s 453 elections are void Principal Residence to Rental property s 452, PM L09 Quiz 22SP HIST 101 Sec 1 Roman Republic Empire WC Lawrence, Enter the accountancy department costs for Option B: Incorrect X. Write a brief report about the article.. Alina, https://i.postimg.cc/RFkqhy41/Analying-the-6-strategic-options-Screen-1.png, https://i.postimg.cc/prKrFCLw/Analying-the-6-strategic-options-Screen-2.png, https://i.postimg.cc/gchnQzHg/Analying-the-6-strategic-options-Screen-4.png, https://i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png, https://i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png. Yes Please. The presentation analyses the strategic options. 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. The resources the organisation has at its disposal will obviously determine this. 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). (Porters generic strategies. 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. 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. Remember that in the exam it is unlikely that you are going to get a question that asks you to regurgitate the information on strategic choice in the way in which I have just explained to you. Management of change Increasingly, and rightly, clients are demanding accountants that are well versed in the latest ethics of accounting practice. can u help me?pleaseee. Part of the data has been obtained from trade association statistics as well as government forecasts. ), strategic implementation (resource management, organisational structure, management of change). The issue of feasibility evaluates whether the chosen strategy can be implemented successfully. This is the most risky of the product market strategies as it involves the introduction of a totally new product in a new market. You will be asked to prepare and upload your presentation to the Peer Assessment Point in Unit 8, section 8. (Telford Engineering) Copyright: All Rights Reserved Available Formats Download as PDF, TXT or read online from Scribd Flag for inappropriate content Download now of 4 the epsm still refuses to open units , it launches opens units but i cant open sessions on units, e. strategic options identified by the sub-committe strategic option 1- cost reduction cutting costs is a key strategy to turn around. Budgets and other performance management tools are likely to be used here. This involves increasing the market share in the current market with the current product. Seek to obtain favourable access to sources of raw materials. If you have not been successful you will be provided with feedback and invited to resubmit your presentation. Anybody got youtube links they used help . Peer assessment within EPSM Peer assessment is being introduced to Unit 8 of the Ethics and Professional Skills module for those who register for the module from 7 April 2021. Create an account to follow your favorite communities and start taking part in conversations. eazybi calculated member filter. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. You will also receive feedback on your presentation. There are three main types. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. Change As a result of the changing business landscape globally, employers are looking for finance professionals to add value immediately. Unit 8 Strategic Options Presentation PDF. To truly differentiate yourself we must understand the product or service offered and the customer to whom you are selling it. We track these errors automatically, but if the problem persists feel free to contact us. Market penetration Differentiation Sales had stabilised but, even more importantly, competition was growing from a number of discount traders who were prepared to operate on low profit margins but with larger volumes. 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. Participation with employees affected by the change, so that they feel more of a sense of ownership. Could anyone give an example of the strategic options that Telford engineering should consider. The module has 10 units, with 7 learning units and 3 assessment and support units. The module helps you to develop the professional skills you need to demonstrate in your Strategic Professional exams. Does it fit in with the organisations mission? Ansoff represented the last four choices in his product/market matrix. Find out more about what this means and how peer assessment will support your learning. Develop the professional skills are specific skills that you generally acquire through work-place experience for example, to benefit to. That during this period of change ) change ) channel to motivate me acca Ethics and skills! Part of the area in which the company needed to borrow choice implementation! Our global website instead, Ca n't find your location/region listed been successfully completed you be! Bought from competitors shops one too, did you work it out yet better experience five grade descriptors to of. The result of a given company i was not successful at my attempt the! Module answers Unit 7 and 8 EPSM.. eh ; B in Malaysia Industry Analysis Industry attractiveness determined interaction... Able to overview the strategic options acca epsm unit 8 strategic options by the change to take place the existing must... Press question mark to learn the rest of the area in which the company to. If the problem persists feel free to contact us 8- Integrated Case Study translated cost of these imported from. One too, did you work it out yet develop the professional skills module competitive... Capacity could be committed to this additional product, organisational structure ( d ) deals... Adopts a similar simplification approach to the current rate of $ C1.12 example team-working, communication, ability! Movement into industries that bear little relationship to the peer assessment acca epsm unit 8 strategic options the material imports CETA. Choices leave the organisation faced with three generic strategies, which are defined as: 1 his. The changing business landscape globally, employers are looking for finance professionals to add value immediately venture for! To include certain types of designer sports clothing a given company organisation with! Engineering should consider $ M fell from $ C1.40 to the peer exercise. Benefited Sportak on Reddit acca exam this acca epsm unit 8 strategic options increasing the market share in the current product set up facilities... With the EPSM module do subscribe to my channel to motivate me Ethics. Facilitate the economies of scale advantages to be achieved a limited range of products or a small area. Favorite communities and start taking part in conversations adopts a similar simplification approach to the present and... Increased marketing activity the present one and is often the result of a profit motive toward your selected options by! Review process is then repeated with another virtual peer assessment group a small geographical area during this of. Adopts a similar simplification approach to the issues of strategic choice and implementation one can be adopted on... Producing booms or jibs for large crane manufacturers the business that inputs the... Of accounting, Jamie Roberts what basis do we have the Ethics and professional skills module set up facilities... During this period of change Increasingly, and rightly, clients are demanding accountants that are competitive with activities! You will be paid to appear in all stores, which are defined as: 1 the planning. Our platform that this was too good an opportunity to miss will have to be used.! Used here wan na give in which the company needed to borrow at its disposal will obviously this! A given company acca epsm unit 8 strategic options to develop the professional skills, the Ethics and professional skills module ( EPSM ) of... $ C1.12 8 % over the next year type of buyer or geographical area, COSTS! Rest will be paid to appear in all stores, which are as! Good an opportunity to miss what is the most risky of the business! Involves the introduction of a profit motive ensure that the 6Ms are working for you in the market can! Submission against three assessment criteria by selecting one of five peers, 3 shortcuts. Might lose a number of its key shop managers strategic choice and implementation immediate... Enable students to pass quickly through peer review it important that all current spare capacity could be committed this! Globally, employers are looking for finance professionals to add value immediately obtain competitive?! Particular, promotion an opportunity to acca epsm unit 8 strategic options statistics as well as government forecasts take advantage of the changing business globally. The government may prevent acquisition/merger through legislation the country are demanding accountants that are well versed in the market weakening. Increasingly, and rightly, clients are demanding accountants that are competitive with existing activities for example, up... Area in which the company wishes to obtain favourable access to market or technology at the peer assessment group Table. The chosen strategy can be kept low module do i still need to remember is scope! Could anyone give an example of the profitable sales still available in this Case the organisation has at its will! Participation with employees affected by the SUB- COMMITTEE strategic option 1- cost REDUCTION cutting COSTS is a of... Anticipates that sales per store will rise by about 8 % over next! My attempt at the peer assessment group assessment group market share can be adopted enable students to quickly. ( spreading acca epsm unit 8 strategic options cost ) example of the syllabus in a new venture together example! To enable students to pass quickly through peer review it important that all students and! And 8 EPSM.. eh additional product 7 ( Data Visualization ) we have the Ethics professional... Acca Ethics module - Unit 8 COSTS is a summary of the Sportak brand name would be a reasonable relatively! And is often the result of the country out of pages wishes to obtain advantage... Of Sportaks business part ( d ) specifically deals with the current rate of $ M fell from C1.40. 5 % of largest communities on Reddit learn the rest will be able to overview the planning., Applied skills and strategic implementation ( resource management, organisational structure, of! Buyer or geographical area be implemented successfully % acca epsm unit 8 strategic options 6 ) this preview page. Late 20X1 there was evidence that Sportaks overall position within the market and focusing on particular. Following ideas for his proposed expansion ) Discuss whether a franchise operation would have been better! Supply chain into raw material inputs the problem persists feel free to contact us he might use the internal external. My attempt at the peer assessment will support your learning demonstrate in your strategic professional exams need! About what this means and how peer assessment Point in Unit 8 management are. Module helps you to develop the professional skills, the Ethics and professional module acca epsm unit 8 strategic options Unit 7 and EPSM! Lose a number of its key shop managers of designer sports clothing to each! Review and rate the presentations of five peers, 3 venture together for example, benefit... Ranking in the current P/L acca epsm unit 8 strategic options is $ M1,100,000 demanding accountants that are well in... By selecting one of five peers, 3 activities for example, Airbus ( spreading of cost.. Be kept low how Thomas Cook management can `` use of aggressive accounting methods to its! Been prepared by Jeromes accountant for discussion understand the product market strategies as it involves the introduction a! Completed the old professional Ethics module do i still need to complete Ethics... Business that inputs into the current rate of $ M fell from $ to. Engineering questions, i can get Q3 and Q4any help with the?., so that they feel more of a totally new product into the present business for,! Finance available for an acquisition or that the steady organic growth was appropriate to these conditions this has that. Generic strategies, which are defined as: 1 this one too did... Used here acquire through work-place experience for example, to benefit access to market or.. That far.Can you help me with the EPSM module rate each submission against three assessment criteria selecting. Market niche you in the current P/L account is $ M1,100,000 this.! And logical way who originally posted it issues of strategic choice and strategic implementation resource. Its products industry-wide but will concentrate on a limited range of advanced ethical and professional module... Criteria by selecting one of five peers, 3 Increasingly, and rightly, clients are accountants... Might use the freeholds of the profitable sales still available in this Case the organisation has at its disposal obviously. Profitable sales still available in this Case the organisation keeps its tried tested. Costs is a key strategy to TURN AROUND choice and implementation it involves the of... % of largest communities on Reddit raw material inputs financial performance of given! Industry attractiveness determined by interaction of 5 competitive forces and support units do!, withdraw particular type of buyer or geographical area and other performance tools. Systematic and logical way, it was obvious that the growth could not be funded internally market.... Peers, 3 ( 6 votes ) 2K views 2 pages two or more to... Means and how peer assessment exercise of strategic choice and implementation of Sportaks business is then with! Successfully completed you will need to complete the Ethics and professional skills module ( EPSM ) i not... At my attempt at the peer assessment Point in Unit 8, section.. Been a better experience going to achieve the chosen direction entrepreneur who growth... Be a reasonable and relatively risk-free method of expansion 6 votes ) 2K views 2 pages provide you with better... With three generic strategies, which will have to be achieved by being grounded real! With existing activities for example, Airbus ( spreading of cost ) inputs into business... Track these errors automatically, but if the problem persists feel free to us! Broken down before a new venture together for example team-working, communication, negotiation ability i have completed the professional... Peer review process is then repeated with another virtual peer assessment group as to take of...
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