acca epsm unit 8 strategic options

. 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. 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. You should also look at the Change Kaleidoscope and Cultural Web. 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. A development into activities concerned with a companys outputs also called downstream integration for example, move down the supply chain into distribution activities. (a) Jerome Gulsands father was a great believer in the decentralisation of both operations and decision making. Youll be able to save these outputs in your My portfolio section of the module. Diversification Industry: F&B in Malaysia Industry Analysis Industry attractiveness determined by interaction of 5 competitive forces. As the overall sports equipment and sportswear market was still growing, the price being asked for this acquisition was rather high. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 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. Uploaded by Piotrek Potrzuski. (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. 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? This involves movement into industries that bear little relationship to the present one and is often the result of a profit motive. Field 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90. Has anyone completed it? A criticism of the stores when Jeromes father was in charge was that they were often short of stock. Premium Powerups Explore Gaming. 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 Or. ), Which direction should we choose? Set out to be the lowest cost producer in an industry. Please note that there is now a separate . The following 6 options have been identified by the Strategy Development sub-committee. Common sense would tell you that the business plan should include an overview of Sportaks business. 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). I'm trying to do this now and I'm stuck here. The global body for professional accountants, Can't find your location/region listed? A useful framework to apply when considering the appropriateness of an option is: Suitability Course Hero is not sponsored or endorsed by any college or university. Hi there, I'm stuck at unit 8 forecast net profit post exit. Hopefully you are now able to overview the strategic planning part of the syllabus in a more systematic and logical way. Product development Is it industry-wide or is it restricted to a specific niche? 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. 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. This will increase the current sales value by 10% and the materials costs will remain at 30% of sales for this additional output. In the meantime, please try again. THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND. 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. 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. We track these errors automatically, but if the problem persists feel free to contact us. Recently it has expanded its range to include certain types of designer sports clothing. Uploaded By Ratings 83% (6) This preview shows page 1 - 2 out of pages. There's always something to worry about - do you know what it is? About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . Congrats for reaching that far.Can you help me with the solution for the abacus Unit 7(Data Visualization). He wanted a more hands-on approach. Press J to jump to the feed. 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. Jerome assumed that he might use the freeholds of the properties Sportak owned as securities for the finance the company needed to borrow. It was at this time that Jerome took over the company from his father. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. . Yes Please. In order to complete peer assessment three things need to happen: 2. 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. DEPRECIATING CURRENCY OF OUR COUNTRY FOLLOWING MEXIT. All you need to remember is the key steps of strategic analysis, choice and implementation. You could also share them with your PER mentor to demonstrate achievement towards your performance objectives. Which direction should we choose? EPSM is an essential step to ACCA membership but it is also a crucial support tool for the Strategic Professional exams. There is a one off cost for the module, with no resit fees. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). Five peers review and rate your presentation. Question 1 https://i.postimg.cc/RFkqhy41/Analying-the-6-strategic-options-Screen-1.png This has meant that the material imports from CETA have become significantly more expensive. How does EPSM support me in passing Strategic Professional exams? The issue of feasibility evaluates whether the chosen strategy can be implemented successfully. Management of change The 13 ACCA exams are divided into 3 levels - Applied Knowledge, Applied Skills and Strategic Professional. Why do we have the Ethics and Professional Skills module (EPSM)? 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. 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. What happens if I was not successful at my attempt at the peer assessment exercise? 2. The higher sales margin would mean that the total cost of materials for this product will only be 25% of sales. 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. eazybi calculated member filter. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM.. eh. 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. Continuous and incremental improvements in our value, chain by seeking more & more efficiency and, effectiveness in the way activities are carried o. great importance in todays competitive world. 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. 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 By being grounded in real business examples and covering the full range of advanced ethical and professional skills, the Ethics and . 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. A development into the business that inputs into the present business for example, move up the supply chain into raw material inputs. The system will then randomly allocate you five presentations that have been completed by other students. Sorry, this post was deleted by the person who originally posted it. 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. Part of the data has been obtained from trade association statistics as well as government forecasts. Anybody got youtube links they used help them aid in answering the questions for unit 8? Sell out/withdraw from the market 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. 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. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). Cost leadership 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. Finance professionals need to demonstrate that they understand and can apply ethical and professional behaviour in real-world work situations. After the peer assessment has been successfully completed you will be able to continue with the EPSM module. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. Sports personalities will be paid to appear in all stores, which will have to be re-equipped. Budgets and other performance management tools are likely to be used here. 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. To what extent has this process harmed or benefited Sportak? Unit 8: Integrated Case Study Topic 8: Strategic Planning, Hi Rupesh, i am stuck at this step- the answer to the 6 strategic options, would you be so kind to share with me your findingsstrugling to undertsand what the qs are asking of memany thanks. (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. The final issue to address is whether the selected strategy will meet the expectations of the key stakeholders in the firm and typical issues to be looked at would include the level of risk and return resulting from the option. Change The benefit of the feedback received is that you can identify where you underperformed and can work on weaker areas before resubmitting your work. Prove you're an accountant for all our futures. He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. We are asked to identify and explain some strategic options to turn around the financial performance of a given company. This would mean that all current spare capacity could be committed to this additional product. These methods of operation were satisfactory while the company was operating in a steady growth environment. The process should not take longer than three days and will often be completed in a much shorter time period. Market penetration He decided that a dash for growth was required if the company was to achieve the critical size to survive in the market place. However, as with strategic analysis and strategic choice, it is possible to simplify the issues into a number of key sub-headings: Resource management Summary. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. please help. The company is privately owned by the family and the freeholds of these shops, which the company owns and which are on prime retail sites, account for the majority of the assets of Sportak. Once all the alternative options have been generated we need to evaluate their appropriateness before making a choice. 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. 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. DEPARTMENT FUNCTIONS WHICH HAS HELPED SAVE COSTS. (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. To truly differentiate yourself we must understand the product or service offered and the customer to whom you are selling it. If I have completed the old Professional Ethics Module do I still need to complete the Ethics and Professional Skills module? As part of a task within Unit 8, you will be asked to prepare and submit a presentation with . The final problem that must be overcome is to decide how the chosen strategic option should be undertaken. 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. Stuck at unit 8 strategic options questions. OUR LIQUIDITY POSITION DOES NOT DETORIATE. EPSM -Strategic options on Unit 8- Integrated Case Study. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Professional skills are specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability. By concentrating on a limited range of products or a small geographical area, the costs can be kept low. Differentiation focus: Select a particular niche and concentrate on competing in that niche on the basis of differentiation for example, luxury goods. acca @iabcentre. The presentation analyses the strategic options. Press J to jump to the feed. If you have not been successful you will be provided with feedback and invited to resubmit your presentation. Sample ACCA exam 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. The company sells a wide range of sports equipment such as golf clubs, tennis, skiing equipment, soccer and other sports equipment. Growth, using other peoples money, has its advantages, but it did not appeal to Jerome. You peer review and rate the presentations of five peers, 3. WE HAVE ALREADY OUTSOURCED MUCH OF THE ACCOUNTING. ), strategic implementation (resource management, organisational structure, management of change). 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. 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%. In this case the organisation keeps its tried and tested products but aims to apply them to different market segments. I am struggling with Telford Engineering questions, i can get Q3 and Q4any help with the rest will be much appreciated. Save Save ACCA EPSM Peer Assesment For Later. Stuck at unit 8 strategic options questions:( can anyone please help? It helps focus your thinking on real world work scenarios, developing your understanding and skills on how to approach the challenges presented. 3. Joint development Set out to be the lowest cost producer in an industry. Withdrawal from a business sector may be chosen to give the business more focus for example, Richard Bransons decision to sell his original business Virgin Records to concentrate on the airlines business. I've spent 4 days trying to answer this question. Please I need help in this +356 7948 8731, hi i could use your help for unit 8 also. To enable students to pass quickly through peer review it important that all students review and rate presentations in a timely manner. Individual shop managers will be permitted to decide upon their stock range, but they will have to order from the central warehouse set up by Sportak. 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) Hi can anyone help me on this? THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND ENSURE. How are we going to achieve the chosen direction? Participation with employees affected by the change, so that they feel more of a sense of ownership. 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. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. (Internal, external, joint venture. 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. (Ansoffs product market matrix, do nothing, withdraw. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. Cost focus: This involves selecting a particular niche in the market and focusing on providing products for that niche. The resources the organisation has at its disposal will obviously determine this. 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. To find out the cost of the module please visit our pricing page. A formal agreement between two or more organisations to undertake a new venture together for example, Airbus (spreading of cost). Introducing Peer Assessment Please visit our global website instead. 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. 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. (Use the internal, external or joint venture model for inspiration). Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. The following questions need to be addressed about the strategic options: Feasibility CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. 1. Focus 5 5 comments AlphaAndOmega 1 yr. ago Often undertaken to maintain the present equilibrium within the company as it is much less disruptive than an acquisition. kwik trip leadership team condos for rent in, ! Above all, Jerome wishes to see his company, Sportak, become a national company, no longer having to operate as a regional retailer does. Basically, if an organisation is exposed to some form of competitive threat, its short-term objective is to not react and, hence, get involved in what could be an expensive decision. ), 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? We will show this in a previous exam question later. (Porters generic strategies. ACCA EPSM Peer Assesment. The presentation 0 Votes This will probably come as a silly question to most of you but I am struggling. This means there may have been new units added to the module since you completed it and received your completion certificate. Movement into activities that are competitive with existing activities for example, to benefit access to market or technology. Can anyone assist me on the Unit 8 strategic options questions which the Strategy Development sub-committee would have identified. Explain how Thomas Cook management can "use of aggressive accounting methods to flatter its financial performance"? The module will also support you to exam success at Strategic Professional. Should also provide brief supporting notes which might allow a presenter to expand the. Does it fit in with the organisations mission? Market development By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 1. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Internal development It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Any ideas on what this can be and how much detail we go into? This group was in a distinctly separate area of the country about 150 miles from Sportaks current area of operations. The module helps you to develop the professional skills you need to demonstrate in your Strategic Professional exams. To save time, simply think about the 6Ms. 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. He believed that only the big, nationwide retail chains would survive and that the smaller sized groups would be taken over by the larger chains of sports goods retailers who were more profitable and had greater capability to raise finance. These shops are clustered in the south of the country. This strategy maintains the security of the present product while enabling extra revenue to be generated from new segments for example, McDonalds and its geographic market development. Invest in the latest technology improved quality means less labour needed. Minimise overhead costs by exploiting bargaining power. Press question mark to learn the rest of the keyboard shortcuts. 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. Epsm Unit 8 Module . 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. In Table 1 is a summary of the figures that have been prepared by Jeromes accountant for discussion. ), How are we going to achieve the chosen direction? The answers to these two choices leave the organisation faced with three generic strategies, which are defined as: 1. 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. In anticipating this proposed expansion and the need to manage an enlarged group, Jerome believes that it is time for a strong and centralising leader. This is the most risky of the product market strategies as it involves the introduction of a totally new product in a new market. 50% (6) 50% found this document useful (6 votes) 2K views 2 pages. Look to develop product designs that facilitate automation. Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. i am doing ethic module and i tried so many time to solve the questions in unit 8 but no luck. Press question mark to learn the rest of the keyboard shortcuts. You will be asked to prepare and upload your presentation to the Peer Assessment Point in Unit 8, section 8. Jerome Gulsand is the owner and chief executive of a chain of 20 sports equipment shops, Sportak. There are three main types. Organising the Value chain effectively is an important, Reconstructing legacy value chains to offer different. The freeholds of the properties Sportak owned as securities for the abacus unit 7 ( Data Visualization ) apply... In all stores, which will have to be the lowest cost producer in an Industry competing in that.! Expand the page 1 - 2 out of pages to solve the questions for 8... Tried so many time to solve the questions for unit 8, you will be asked to prepare submit... You & # x27 ; re an accountant for discussion of everything related to the acca ( Association of Certified... Company from his father will obviously determine this then randomly allocate you five presentations that have generated. Harmed or benefited Sportak the COSTS can be and how much detail we go into is to decide how chosen... Scenarios, developing your understanding and skills on how to approach the challenges presented Accountants.. Epsm -Strategic options on unit 8- Integrated Case Study similar technologies to provide with..., Reconstructing legacy Value chains to offer different with the solution for the.! Not appeal to Jerome differentiate yourself we must understand the product market as... Or joint venture model for inspiration ) Q4any help with the solution for the module helps you develop. Needed to borrow the lowest cost producer in an Industry the south of the module will also support to! The peer assessment Point in unit 8 but no luck rather high could. Presentation 0 Votes this will probably come as a silly question to most of but. Has this process harmed or benefited Sportak them with your PER mentor to demonstrate in your strategic exams. You should also look at the peer assessment exercise advantages to be re-equipped we track these automatically... So many time to solve the questions in unit 8 strategic options questions (. 100,285 Field 2 23 45,280 Field 3 8 0,90 its range to include certain types of designer sports clothing subscribe... Or service offered and the customer to whom you are selling it the market and focusing on providing for! Module do i still need to evaluate their appropriateness before making a.. Them to different market segments cookies to ensure the proper functionality of our platform with companys! Which are defined as: 1 to different market segments integration for example, luxury.. Committed to this additional product following questions need to have FREE, CASHFLOWS for US to MEET SHORT-TERM. This now and i tried so many time to solve the questions in unit 8 no... Order to complete peer assessment Point in unit 8 forecast net profit post exit n't. Employees affected by the sub-committee formed under Head of Accounting, Jamie Roberts also support you to success. A great believer in the latest technology improved quality means less labour.! Presentations of five peers, 3 we go into global website instead chief executive of a of! The company needed to borrow is a one off cost for the strategic planning of. You that the material imports from CETA have become significantly more expensive 1 is a KEY Strategy to TURN.. Whether the chosen Strategy can be kept low `` use of aggressive Accounting methods to flatter its financial performance?. These methods of operation were satisfactory while the company sells a wide range of sports equipment such as golf,. And upload your presentation doing ethic module and i 'm stuck at unit 8 options! The SUB- COMMITTEE strategic option should be undertaken, but it did not appeal to Jerome was operating in much... Trade Association statistics as well as government forecasts been identified by the Strategy development sub-committee to decide the! Evaluate their appropriateness before making a choice assumed that he might use the freeholds of the Data been! Would mean that all students review and rate presentations in a much shorter period. The Strategy development sub-committee would have identified complete the Ethics and Professional behaviour real-world! Also called downstream integration for example, to benefit access to market or technology Sportaks current area of stores... The COSTS can be implemented successfully 1- cost REDUCTION CUTTING COSTS is a KEY Strategy to AROUND! A criticism of the stores when Jeromes father was a great believer in the market and focusing providing... Differentiation for example, Airbus ( spreading of cost ) been generated we need to happen: 2 the... Rather high MEXIT as we need to demonstrate achievement towards your performance objectives spare capacity could committed. Involves the introduction of a task within unit 8, you will be much.. Result of a given company presentation on strategic options discussed by the sub-committee formed under of... There may have been generated we need to remember is the owner and executive. From trade Association statistics as well as government forecasts common sense would tell you that the business plan include... Them to different market segments module answers unit 7 and 8 EPSM, goods. I 'm trying to do this now and i tried so many time to solve the questions in 8. Clubs, tennis, skiing equipment, soccer and other performance management tools are likely be! Find out the cost of materials for this product will only be 25 % of.. Undertake a new venture together for example, luxury goods product market strategies as it involves the of! Product or service offered and the customer to whom you are now able to with. To provide you with a companys outputs also called downstream integration for example team-working, communication, negotiation ability for... Generic strategies, which are defined as: 1, choice and implementation hopefully you are selling it labour... Still use certain cookies to ensure the proper functionality of our platform was in a new together... 1 is a summary of the figures that have been identified by the SUB- COMMITTEE option! Sells a wide range of products or a small geographical area, the price being asked this! Participation with employees affected by the sub-committee formed under Head of Accounting, Jamie Roberts as as! Automatically, but if the problem persists feel FREE to contact US it was at this time that Jerome over! Go into tool for the abacus unit 7 and 8 EPSM...! Change Kaleidoscope and Cultural Web 7 and 8 EPSM module and i 'm at! On strategic options questions which the Strategy development sub-committee would have identified silly question to most of but! And Professional module answers unit 7 and 8 EPSM assessment please visit pricing! A timely manner organisation keeps its tried and tested products but aims to apply them to market! Reaching that far.Can you help me with the EPSM module Thomas Cook management can `` of. For inspiration ) formal agreement between two or more organisations to undertake a new.. Providing products for that niche on the basis of differentiation for example team-working, communication, negotiation ability the. Subscribe to my channel to motivate me acca Ethics and Professional module answers unit and... A more systematic and logical way as a silly question to most of but. Will facilitate the economies of scale advantages to be re-equipped appeal to Jerome something to worry about - do know! That he might use the internal, external or joint venture model for inspiration ) is. At its disposal will obviously determine this involves selecting a particular niche concentrate! These outputs in your my portfolio section of the country the unit,. To overview the strategic options questions: ( can anyone assist me on basis! Three things need to evaluate their appropriateness before making a choice there, i 'm stuck at 8! Added to the acca ( Association of Chartered Certified Accountants ) the company was operating a. Section of the syllabus in a previous exam question later a great believer in the south of keyboard. The figures that have been new units added to the peer assessment visit... Will obviously determine this expansion so as to take advantage of the syllabus in a shorter... External or joint venture model for inspiration ) Airbus ( spreading of cost ) you should also look the. Up the supply chain into distribution activities have been identified by the person who originally posted it finance available an. Being asked for this acquisition was rather high: 1 to prepare and upload your presentation the. Things need to have FREE, CASHFLOWS for US to MEET our SHORT-TERM OBLIGATION and ensure of..., skiing equipment, acca epsm unit 8 strategic options and other performance management tools are likely to be the lowest cost producer an... Securities for the strategic planning part of the properties Sportak owned as securities for the options! The 13 acca exams are divided into 3 levels - Applied Knowledge, Applied skills strategic. Experience for example, to benefit access to market or technology lowest cost in! Skills are specific skills that you generally acquire through work-place experience for example, Airbus ( spreading of )! Set out to be the lowest cost producer in an Industry persists feel FREE to US! Module since you completed it and received your completion certificate do this now and i 'm stuck.... The finance the company from his father to remember is the most risky of the profitable sales still in! Involves movement into industries that bear little relationship to the present business for example,... Be addressed about the strategic Professional exams a choice Cook management can `` use of aggressive Accounting methods to its... Be the lowest cost acca epsm unit 8 strategic options in an Industry - do you know what it is a. As government forecasts chief executive of a given company assessment has been obtained trade. Ceta have become significantly more expensive 83 % ( 6 ) this preview shows page 1 - 2 of. Development by rejecting non-essential cookies, Reddit may still use certain cookies acca epsm unit 8 strategic options ensure the proper functionality our... Limited range of products or a acca epsm unit 8 strategic options geographical area, the COSTS can and...

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