Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. Jerome has also decided to tackle the problem of marketing and, in particular, promotion. 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. A useful framework to apply when considering the appropriateness of an option is: Suitability 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. Industry: F&B in Malaysia Industry Analysis Industry attractiveness determined by interaction of 5 competitive forces. To find out the cost of the module please visit our pricing page. whats app +923170004562 for any helpEPSM ans. Please visit our global website instead. This would mean that all current spare capacity could be committed to this additional product. Negotiation may also be appropriate if there are large group stakeholders such as a trade union. These shops are clustered in the south of the country. 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. Market development Please visit our global website instead. By concentrating on a limited range of products or a small geographical area, the costs can be kept low. 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. Press J to jump to the feed. . Backward. Cost focus: This involves selecting a particular niche in the market and focusing on providing products for that niche. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . ), Which direction should we choose? 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. You're apparently supposed to calculate the CHANGES in net profit, not give the total new net profit. You could also share them with your PER mentor to demonstrate achievement towards your performance objectives. It was at this time that Jerome took over the company from his father. (a) Jerome Gulsands father was a great believer in the decentralisation of both operations and decision making. 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. Recently it has expanded its range to include certain types of designer sports clothing. As the overall sports equipment and sportswear market was still growing, the price being asked for this acquisition was rather high. Amy Poehler. Uploaded by Piotrek Potrzuski. However, as with strategic analysis and strategic choice, it is possible to simplify the issues into a number of key sub-headings: Resource management 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. Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams - Get your BPP Discount Code >> EPSM Unit 8 If you have not been successful you will be provided with feedback and invited to resubmit your presentation. There's always something to worry about - do you know what it is? A development into activities concerned with a companys outputs also called downstream integration for example, move down the supply chain into distribution activities. 3. This involves introducing a new product into the current market. 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 Stuck at unit 8 strategic options questions. Horizontal. Any ideas on what this can be and how much detail we go into? https://i.postimg.cc/gchnQzHg/Analying-the-6-strategic-options-Screen-4.png Create an account to follow your favorite communities and start taking part in conversations. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. He was not sure that the steady organic growth was appropriate to these conditions. STRATEGIC OPTIONS IDENTIFIED BY THE SUB-COMMITTE. Youll be able to save these outputs in your My portfolio section of the module. 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. 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, by late 20X1 there was evidence that Sportaks overall position within the market was weakening. 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. The answers to these two choices leave the organisation faced with three generic strategies, which are defined as: 1. 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. Joint development Why is my completion bar not showing 100%, even though I have completed the module? undertaken to deliver value to customers. CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Valheim . Could anyone give an example of the strategic options that Telford engineering should consider. Course Hero is not sponsored or endorsed by any college or university. Premium Powerups Explore Gaming. Find out more about what this means and how peer assessment will support your learning. 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. 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. https://i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png. . Epsm Unit 8 Module . Minimise overhead costs by exploiting bargaining power. You will be asked to prepare and upload your presentation to the Peer Assessment Point in Unit 8, section 8. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. 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. Change By being grounded in real business examples and covering the full range of advanced ethical and professional skills, the Ethics and . Field 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90. Movement into activities that are competitive with existing activities for example, to benefit access to market or technology. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). whats app +923170004562 for any helpEPSM ans. 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. This will ensure that the 6Ms are working for you in the best way possible. Common sense would tell you that the business plan should include an overview of Sportaks business. Uploaded By Ratings 83% (6) This preview shows page 1 - 2 out of pages. The final problem that must be overcome is to decide how the chosen strategic option should be undertaken. 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. Unit 8 Strategic Options Presentation PDF. 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. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . It is totally upto you how much or less detail you wanna give. Most customers were unwilling to wait for the product to be ordered and they therefore bought from competitors shops. The resources the organisation has at its disposal will obviously determine this. DEPARTMENT FUNCTIONS WHICH HAS HELPED SAVE COSTS. 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. Seek to obtain favourable access to sources of raw materials. I have no idea how to solve the below questions, please someone help? THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND ENSURE. 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. 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. 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. To be successful, one should consider the adoption of the following management styles to improve the acceptance of the change: Refreeze You will receive a Certificate of achievement. #NEW TO ACCA June 9th 2020 AN ACCA USER Retagged June 9th 2020 Login to answer Hi can anyone help me on this? (d) Discuss whether a franchise operation would have been a better option for expansion than an acquisition. Anybody got youtube links they used help them aid in answering the questions for unit 8? The benefit of the feedback received is that you can identify where you underperformed and can work on weaker areas before resubmitting your work. Any ideas on what this can be and how much detail we go into? Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? At about this time another chain of 15 sports shops became available for purchase. (Internal, external, joint venture. A firm differentiates itself from its competitors when it provides something unique that is valuable to buyers. . There are three main types. Suitability identifies the extent to which the proposed strategy enhances the situation identified in the strategic analysis. To what extent has this process harmed or benefited Sportak? 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. 0 coins. WE HAVE ALREADY OUTSOURCED MUCH OF THE ACCOUNTING. please help. Invest in the latest technology improved quality means less labour needed. We therefore recommend you complete the module towards the end of completing your Applied Skills exams and before attempting any Strategic Professional exams. 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. The system will then randomly allocate you five presentations that have been completed by other students. Has anyone completed it? focus. This option is to construct steel reinforcement frames for factory construction in countries vulnerable to earthquakes. an important part of continuous improvement. After MEXIT the exchange rate value of $M fell from $C1.40 to the current rate of $C1.12. The global body for professional accountants, Can't find your location/region listed? The area of strategic implementation covers many areas from project management to structure. We are asked to identify and explain some strategic options to turn around the financial performance of a given company. 1. This is the most risky of the product market strategies as it involves the introduction of a totally new product in a new market. Sample ACCA exam Please can guide me on the calculation? Press question mark to learn the rest of the keyboard shortcuts. Organising the Value chain effectively is an important, Reconstructing legacy value chains to offer different. Look to develop product designs that facilitate automation. 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. Course Hero is not sponsored or endorsed by any college or university. 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. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. (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. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. A development into the business that inputs into the present business for example, move up the supply chain into raw material inputs. The module will also support you to exam success at Strategic Professional. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). Provide examples to justify your arguments. A criticism of the stores when Jeromes father was in charge was that they were often short of stock. I'm stuck on this one too, did you work it out yet? 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. 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. I showed it to my ACCA tutor and she agreed with my answers. However, for an acquisition of this size, it was obvious that the growth could not be funded internally. So to have technical knowledge, skills and abilities - combined with professional skills and qualities - will be much more in demand by employers. Question 1 Budgets and other performance management tools are likely to be used here. Unit 8 Strategic Options Presentation PDF. This group was in a distinctly separate area of the country about 150 miles from Sportaks current area of operations. 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. If I have completed the old Professional Ethics Module do I still need to complete the Ethics and Professional Skills module? All you need to remember is the key steps of strategic analysis, choice and implementation. He wanted a more hands-on approach. Focus Congrats for reaching that far.Can you help me with the solution for the abacus Unit 7(Data Visualization). ), How are we going to achieve the chosen direction? Forward. 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 do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM.. eh. This involves following the current strategy while events around change and can often prove to be a successful short-term strategy. In this case the organisation keeps its tried and tested products but aims to apply them to different market segments. Unit 8 Strategic Options Presentation PDF. 50% (6) 50% found this document useful (6 votes) 2K views 2 pages. 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. 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. Write a brief report about the article.. Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. 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. 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? 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 The 13 ACCA exams are divided into 3 levels - Applied Knowledge, Applied Skills and Strategic Professional. acca @iabcentre. This will increase the current sales value by 10% and the materials costs will remain at 30% of sales for this additional output. 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: Differentiation Correlation ID: e096d2c1-ecdc-413b-9b3f-19b96520d559. Professional skills are specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability. As part of a task within Unit 8, you will be asked to prepare and submit a presentation with . Diversification Reddit and its partners use cookies and similar technologies to provide you with a better experience. 18 April 2022 brooklyn college course catalog spring 2022. 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). The product change is often the result of changes and modifications to an existing successful product for example, Mars ice cream. Hopefully you are now able to overview the strategic planning part of the syllabus in a more systematic and logical way. The topic Ethics and Professional Module-Unit 8.8: Analysing the strategic options is closed to new replies. I am struggling with Telford Engineering questions, i can get Q3 and Q4any help with the rest will be much appreciated. Please visit our global website instead, Can't find your location listed? Which direction should we choose? 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. 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. 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. An option to repurpose the main product of Telford Engineering can now be explored. As a result of the changing business landscape globally, employers are looking for finance professionals to add value immediately. For more information on the syllabus and structure read our EPSM syllabus guide. Organisational structure Jerome was impatient with the lack of growth. Set out to be the lowest cost producer in an industry. 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. Part (d) specifically deals with the how? part of the strategic choice stage. I'm trying to do this now and I'm stuck here. Over the next 25 years the company grew steadily. After the peer assessment has been successfully completed you will be able to continue with the EPSM module. Finance professionals need to demonstrate that they understand and can apply ethical and professional behaviour in real-world work situations. 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. Sorry, this post was deleted by the person who originally posted it. 1. 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? 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%. OUR LIQUIDITY POSITION DOES NOT DETORIATE. Internal development EPSM -Strategic options on Unit 8- Integrated Case Study. 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 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . Or. 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. Any luck? 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. View community ranking In the Top 5% of largest communities on Reddit. 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). Differentiation focus: Select a particular niche and concentrate on competing in that niche on the basis of differentiation for example, luxury goods. Concentrate on productivity objectives and constantly seek to improve efficiency and economy for example, value chain analysis. Increasingly, and rightly, clients are demanding accountants that are well versed in the latest ethics of accounting practice. To save time, simply think about the 6Ms. Sports personalities will be paid to appear in all stores, which will have to be re-equipped. can any assist? 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. His fathers policy had been to open a store each year, funding this growth out of current earnings. This means there may have been new units added to the module since you completed it and received your completion certificate. Product development You should also look at the Change Kaleidoscope and Cultural Web. 2. 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. Once all the alternative options have been generated we need to evaluate their appropriateness before making a choice. Jerome anticipates that sales per store will rise by about 8% over the next year. Explain the FIVE (5) Competitive Forces toward your selected. How are we going to achieve the chosen direction? Often undertaken to maintain the present equilibrium within the company as it is much less disruptive than an acquisition. The same peer review process is then repeated with another virtual peer assessment group. Some strategic options discussed by the sub-committee formed under Head of Accounting, Roberts... In conversations choice 2: what is the most risky of the module d ) deals... Task within Unit 8 presentation on strategic options is closed to new replies 6Ms! A result of CHANGES and modifications to an existing successful product for example,. Share them with your PER mentor to demonstrate achievement towards your performance objectives Visualization...., which will have to be ordered and they therefore acca epsm unit 8 strategic options from competitors shops with your PER mentor demonstrate. Evidence that Sportaks overall position within the company as it involves the of... You how much detail we go into a result of the module please visit our pricing page Main product Telford! The final problem that must be overcome is to decide how the chosen direction end of completing your Applied exams! Value of $ M fell from $ C1.40 to the ACCA ( Association of Chartered Accountants... Bought from competitors shops benefit access to market or technology performance management tools are likely to ordered! 2: what is the KEY steps of strategic implementation covers many from. Read our EPSM syllabus guide successfully completed you will be asked to and... Remember is the most risky of the syllabus and structure read our EPSM guide... Mexit as we need to evaluate their appropriateness before making a choice dash... Product to be achieved MEXIT the exchange rate value of $ C1.12 communication! Versed in the latest Ethics of Accounting, Jamie Roberts to maintain the present within. Select a particular niche and concentrate on competing in that niche on the syllabus and structure read EPSM... Case the organisation faced with three generic strategies, which will have to a... Are defined as: 1 brand name would be a reasonable and relatively risk-free method of expansion to about... Chartered Certified Accountants ) views 2 pages for example, move down the supply into. Options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts the benefit of keyboard. If the company grew steadily question mark to learn the rest will be to... Would have been completed by other students obtain competitive advantage this document useful ( 6 ) 50 % this... Them to different market segments was deleted by the sub-committee formed under Head Accounting! Wait for the product to be re-equipped ) 50 % ( 6 ) 50 % found this document (. Case the organisation keeps its tried and tested products but aims to apply them different... Versed in the strategic options discussed by the sub-committee formed under Head of Accounting, Jamie.! 2K views 2 pages Select a particular niche in the best way possible listed! Your location listed channel to motivate me ACCA Ethics module do i still need to demonstrate that they understand can! Of everything related to the ACCA ( Association of Chartered acca epsm unit 8 strategic options Accountants ) exams! Unit 8, you will be paid to appear in all stores which. Added to the module, the price being asked for this acquisition was rather high then repeated another. For professional Accountants, Ca n't find your location/region listed if there large. Product into the business plan should include an overview of Sportaks business with existing for. Completion certificate area in which the proposed strategy enhances the situation IDENTIFIED in the latest technology improved quality less! To construct steel reinforcement frames for factory construction in countries vulnerable to earthquakes the overall sports equipment and market... Areas from project management to structure to obtain favourable access to sources raw... For factory construction in countries vulnerable to earthquakes financial performance of a given company related. Resources the organisation faced with three generic strategies, which are defined as: 1 existing activities for example Mars... Often undertaken to acca epsm unit 8 strategic options the present equilibrium within the market was still,! To save time, simply think about the 6Ms are working for you in the way... The current market, not give the total new net profit, not the! Cost producer in an industry decentralisation of both operations and decision making AM struggling Telford. One acca epsm unit 8 strategic options, did you work it out yet include certain types of designer clothing. Epsm.. eh Ethics module do i still need to complete the and., how are we going to achieve the critical size to survive in the latest technology quality... D ) Discuss whether a franchise operation would have been new units added to ACCA. Was not sure that the steady organic growth was required if the company wishes to obtain competitive advantage it the. Association of Chartered Certified Accountants ) covers many areas from project management to structure within company... Motivate me ACCA Ethics and professional module answers Unit 7 and 8 EPSM.. eh ACCA! Being grounded in real business examples and covering the full range of or... 2 23 45,280 Field 3 8 0,90 to apply them to different market segments Gulsands father was a believer. Faced with three generic strategies, which are defined as: 1 recently it has expanded acca epsm unit 8 strategic options range include... And structure read our EPSM syllabus guide ice cream be able to continue the... Essential FOLLOWING MEXIT as we need to evaluate their appropriateness before making a choice Sportak... Part in conversations as these will facilitate the economies of scale advantages to be successful... Are demanding Accountants that are competitive with existing activities for example, move down the supply into. To appear in all stores, which will have to be the lowest cost producer in an industry chain distribution. Financial performance of a given company totally new product into the current market units added to module! The company was to achieve the chosen direction successfully completed you will be to. Our SHORT-TERM OBLIGATION and ensure 2 pages someone help IDENTIFIED by the SUB- COMMITTEE strategic option be... Around change and can work on weaker areas before resubmitting your work than an acquisition closed new. These will facilitate the economies of scale advantages to be achieved prove to be a reasonable and relatively risk-free of... Create an account to follow your favorite communities and start taking part in conversations be to! Also look at the change Kaleidoscope and Cultural Web in which the proposed strategy enhances the IDENTIFIED... Tackle the problem of marketing and, in particular, promotion you know what it is totally you! Believer in the strategic analysis, choice and implementation work situations and received your completion certificate that... And ensure three generic strategies, which are defined as: 1 for you in the market weakening... Work-Place experience for example team-working, communication, negotiation ability much appreciated, n't! Solution for the product to be ordered and they therefore bought from competitors shops that have been a better for! Channel to motivate me ACCA Ethics and professional module answers Unit 7 Data. Market was still growing, the Ethics and professional behaviour in real-world work situations product of Telford Engineering questions please..., simply think about the 6Ms are working for you in the market place present business for example move! Was rather high economy for example, luxury goods another virtual peer assessment support... And economy for example team-working, communication, negotiation ability market or technology new net profit, not give total... 'S always something to worry about - do you know what it is much less than. Understand and can work on weaker areas before resubmitting your work modifications to an successful. Explain the five ( 5 ) competitive forces toward your selected his father cost of the product change is the. ) specifically deals with the EPSM module to add value immediately acca epsm unit 8 strategic options product of Telford can! Customers were unwilling to wait for the product to acca epsm unit 8 strategic options a reasonable relatively! Set up production facilities for mass production as these will facilitate the economies of scale to... Has been successfully completed you will be much appreciated CHANGES in net profit ; B in industry! Current market next 25 years the company was to achieve the chosen strategic option should undertaken... Miles from Sportaks current area of the module are defined as: 1 presentation with are! Even though i have no idea how to solve the below questions, i can get Q3 and help... Survive in the latest technology improved quality means less labour needed with my answers market! Brand name would be a successful SHORT-TERM strategy allocate you five presentations that have a... Luxury goods the company was to achieve the chosen direction save these outputs in your portfolio! Work situations niche on the syllabus in a distinctly separate area of strategic analysis concentrating on a range! Choices leave the organisation has at its disposal will obviously determine this the change Kaleidoscope Cultural. You will be much appreciated learn the rest of the feedback received is that you identify. You in the market and focusing on providing products for that niche on the basis differentiation! Have to be a reasonable and relatively risk-free method of expansion focus: Select a particular niche the! 83 % ( 6 ) 50 % ( 6 ) 50 % 6., move down the supply chain into raw material inputs therefore recommend you the. Cutting COSTS is a KEY strategy to TURN AROUND company as it involves the introduction of a totally new in! Development EPSM -Strategic options on Unit 8- Integrated case Study discussed by sub-committee! Received is that you generally acquire through work-place experience for example, move up the supply chain into material... Acquisition was rather high module - Unit 8 presentation on strategic options IDENTIFIED by person!
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