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. Negotiation may also be appropriate if there are large group stakeholders such as a trade union. This will increase the current sales value by 10% and the materials costs will remain at 30% of sales for this additional output. 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. 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. This will deal with issues regarding the levels of centralisation and decentralisation, together with structural form and style of management. Cost leadership Set out to be the lowest cost producer in an industry. Our aim will be to find supplies of, same quality for same or better price, in order to reduce the adverse, impact of potential increase in material costs due to weakening of M$, can be used as an opportunity to deal with other countries as they will, This will help us fill the Revenue Loss created by reduced exports to, Our core function is manufacturing trestles for, equipments for dam constructions and other, Reduced dependance on single product for revenue will diversify our risk, Value-chain is basically the pattern of acti. You should also look at the Change Kaleidoscope and Cultural Web. You should already have a good idea given what you've chosen to study.. No one checks, i just put in a . And moved to the next question. How are we going to achieve the chosen direction? Madhura Ranadive. Market penetration 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. To find out the cost of the module please visit our pricing page. #NEW TO ACCA June 9th 2020 AN ACCA USER Retagged June 9th 2020 Login to answer The product change is often the result of changes and modifications to an existing successful product for example, Mars ice cream. STRATEGIC OPTIONS IDENTIFIED BY THE SUB-COMMITTE. Advertisement Coins. 5 5 comments AlphaAndOmega 1 yr. ago https://i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png. Please visit our global website instead. Find out more about what this means and how peer assessment will support your learning. Set out to be the lowest cost producer in an industry. He wanted a more hands-on approach. Why is my completion bar not showing 100%, even though I have completed the module? https://i.postimg.cc/gchnQzHg/Analying-the-6-strategic-options-Screen-4.png (d) Discuss whether a franchise operation would have been a better option for expansion than an acquisition. The purchasing team have identified an alternative domestic supplier source for all of the imported materials from CETA, who will charge Telford Engineering the same amount as it originally cost the company to import these materials at the pre-MEXIT exchange rate. 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. 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. Michael Porter stated that a firm that is wishing to obtain competitive advantage over its rivals is faced with two choices: Choice 1: Is the company seeking to compete by achieving lower costs than its rivals achieve and by charging similar prices for the products and services that it offers, thereby achieving advantage via superior profitability? SWOT analysis is a planning methodology that helps organizations build a strategic plan to meet goals, improve operations and keep the business . This involves increasing the market share in the current market with the current product. Management of change This would mean that all current spare capacity could be committed to this additional product. The scope, speed and style of the changes need to be carefully reviewed in order to obtain full commitment to them. A criticism of the stores when Jeromes father was in charge was that they were often short of stock. After MEXIT the exchange rate value of $M fell from $C1.40 to the current rate of $C1.12. January 5, 2020 at 4:52 . Press J to jump to the feed. The same peer review process is then repeated with another virtual peer assessment group. 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. He was not sure that the steady organic growth was appropriate to these conditions. 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. 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. Market development Sample ACCA exam CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Recently it has expanded its range to include certain types of designer sports clothing. 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. 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. CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Unit 8 Strategic Options Presentation PDF. can u help me?pleaseee. A firm differentiates itself from its competitors when it provides something unique that is valuable to buyers. A formal agreement between two or more organisations to undertake a new venture together for example, Airbus (spreading of cost). Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? The presentation analyses the strategic options. 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 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. This has meant that the material imports from CETA have become significantly more expensive. Please can guide me on the calculation? All you need to remember is the key steps of strategic analysis, choice and implementation. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Explain the FIVE (5) Competitive Forces toward your selected. Could anyone give an example of the strategic options that Telford engineering should consider. 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. 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. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). Part 1 considered the complexities of strategic planning and how they can be broken down into three main areas. xf Education and communication of the new ways, so that they fully understand what is going on and are not in a situation where they are afraid of the unknown and therefore show resistance. Jerome anticipates that sales per store will rise by about 8% over the next year. THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND ENSURE. 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. 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. 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. 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). I showed it to my ACCA tutor and she agreed with my answers. 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 is very similar to the approach youll be required to take at Strategic Professional exams. Product development What happens if I was not successful at my attempt at the peer assessment exercise? Market share can be enhanced by such techniques as improved quality, productivity or increased marketing activity. 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. 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. Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. Stuck at unit 8 strategic options questions. 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%. Question : A company source of competitive advantage can be from its skilled employees. Unit 8 Strategic Options Presentation PDF. AADB2C: An exception has occurred. 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. Invest in the latest technology improved quality means less labour needed. DEPRECIATING CURRENCY OF OUR COUNTRY FOLLOWING MEXIT. 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. This involves following the current strategy while events around change and can often prove to be a successful short-term strategy. i am doing ethic module and i tried so many time to solve the questions in unit 8 but no luck. 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. The proposal is to start producing booms or jibs for large crane manufacturers. Change Please visit our global website instead, Can't find your location listed? ), 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? Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. Budgets and other performance management tools are likely to be used here. Acceptability Correlation ID: e096d2c1-ecdc-413b-9b3f-19b96520d559. 2021 EPSM changes. The process should not take longer than three days and will often be completed in a much shorter time period. https://i.postimg.cc/prKrFCLw/Analying-the-6-strategic-options-Screen-2.png ), strategic implementation (resource management, organisational structure, management of change). (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. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. 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. 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 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. So to have technical knowledge, skills and abilities - combined with professional skills and qualities - will be much more in demand by employers. 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. 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). Often undertaken to maintain the present equilibrium within the company as it is much less disruptive than an acquisition. Field 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90. Unit 8 Strategic Options Presentation PDF. Does it fit in with the organisations mission? 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. Sports personalities will be paid to appear in all stores, which will have to be re-equipped. It is totally upto you how much or less detail you wanna give. View community ranking In the Top 5% of largest communities on Reddit. This involves development of the product and market but still remaining within the broad confines of the industry. The issue of feasibility evaluates whether the chosen strategy can be implemented successfully. The module helps you to develop the professional skills you need to demonstrate in your Strategic Professional exams. 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. 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. By nature, he was an entrepreneur who sought growth. Save Save ACCA EPSM Peer Assesment For Later. 3. Hopefully you are now able to overview the strategic planning part of the syllabus in a more systematic and logical way. Positive reinforcement (praise, reward, etc) or negative reinforcement (sanctions applied to those who deviate from the new behaviour) may be used. The final problem that must be overcome is to decide how the chosen strategic option should be undertaken. The system will then randomly allocate you five presentations that have been completed by other students. Which direction should we choose? This is an alternative to the present product and builds on present knowledge and skills. Industry: F&B in Malaysia Industry Analysis Industry attractiveness determined by interaction of 5 competitive forces. A useful framework to apply when considering the appropriateness of an option is: Suitability 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 IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND. We therefore recommend you complete the module towards the end of completing your Applied Skills exams and before attempting any Strategic Professional exams. Suitability identifies the extent to which the proposed strategy enhances the situation identified in the strategic analysis. There's always something to worry about - do you know what it is? Diversification can either be related or unrelated. 1. Find out more about what this means and how peer assessment will support your learning. whats app +923170004562 for any helpEPSM ans. However, Jerome was convinced that this was too good an opportunity to miss. 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. Organising the Value chain effectively is an important, Reconstructing legacy value chains to offer different. It helps focus your thinking on real world work scenarios, developing your understanding and skills on how to approach the challenges presented. Set out to be the lowest cost producer in an industry. A clear description of the basis on which Sportak intended to compete should also be included (use Porters generic strategies and Ansoffs product market matrix for inspiration) together with the likely returns the business is to make from the chosen strategy. The global body for professional accountants, Can't find your location/region listed? Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. Part 2 adopts a similar simplification approach to the issues of strategic choice and strategic implementation. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM.. eh. 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. I've spent 4 days trying to answer this question. 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. 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. Recognising that the current system of product ordering is delegated to individual store managers, he proposes to provide a centralised purchasing function based upon a warehouse owned and controlled by Sportak. A useful model of change to remember is Kurt Lewins three-step model, which involved: Unfreeze This can be summarised in the following diagram: We stated that the alternative directions available to a business could be described in general terms as follows: Do nothing 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. 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. 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 Joint development How are we going to achieve the chosen direction? He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. The company was founded by Jeromes father a quarter of a century earlier when he opened his first small shop. (Internal, external, joint venture. 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. Go to ACCA r/ACCA by Unique-Background-10. Once all the alternative options have been generated we need to evaluate their appropriateness before making a choice. 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. please help. You will be asked to prepare and upload your presentation to the Peer Assessment Point in Unit 8, section 8. ACCA EPSM Peer Assesment. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Congrats for reaching that far.Can you help me with the solution for the abacus Unit 7(Data Visualization). Hi can anyone help me on this? He believed that this gave the local managers a higher degree of motivation. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . Ive submitted my presentation and completed my peer assessments but havent received my assessment result. 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. You will receive a Certificate of achievement. Provide examples to justify your arguments. 18 April 2022 brooklyn college course catalog spring 2022. . 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. (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 At about this time another chain of 15 sports shops became available for purchase. Press question mark to learn the rest of the keyboard shortcuts. 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. Sorry, this post was deleted by the person who originally posted it. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. The following questions need to be addressed about the strategic options: Feasibility OUR LIQUIDITY POSITION DOES NOT DETORIATE. After the peer assessment has been successfully completed you will be able to continue with the EPSM module. ALTHOUGH EXPORTS VOLUME TO CETA WILL FALL, WEAKENING OF M$ CAN BE USED AS AN OPPORTUNITY TO DEAL WITH, OTHER COUNTRIES AS THEY WILL FIND OUR PRODUCTS MORE. Anybody got youtube links they used help them aid in answering the questions for unit 8? Premium Powerups Explore Gaming. Organisational structure Look to develop product designs that facilitate automation. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). Yes Please. You will also receive feedback on your presentation. Above all, Jerome wishes to see his company, Sportak, become a national company, no longer having to operate as a regional retailer does. In appreciating that these shop managers provide much goodwill and their loss would be damaging to the company, Jerome is proposing to increase their sales-related bonuses as an inducement to stay. That the material imports from CETA have become significantly more expensive professional skills you need to FREE... Approach youll be required to take at strategic professional exams production as these will facilitate the economies scale... To worry about - do you know what it is much less disruptive than an acquisition itself from skilled. The issues of strategic choice and implementation on strategic options that Telford should! Builds on present knowledge and skills a reasonable and relatively risk-free method of expansion unique is! To appear in any feeds, and anyone with a direct link to it will see a message this! Other students product and builds on present knowledge and skills on how to approach the challenges presented not DETORIATE evaluates! And Cultural Web fell from $ C1.40 to the current market with the EPSM acca epsm unit 8 strategic options Telford. The issue of feasibility evaluates whether the chosen strategy can be broken into... By about 8 % over the next year marketing activity a new venture together for example, Airbus spreading! Keyboard shortcuts choice and strategic implementation feasibility evaluates whether the chosen strategy can be broken down into three areas. Five presentations that have been completed by other students 2 23 45,280 Field 3 8 0,90 successful! To decide how the chosen strategic option 1- cost REDUCTION CUTTING COSTS is a KEY to! 8 EPSM.. eh link to it will see a message like this one into three main.... Has meant that the steady organic growth was appropriate to these conditions and.. To maintain the present equilibrium within the broad confines of the product and builds on present and! Set up production facilities for mass production as these will facilitate the of... Out to be the lowest cost producer in an industry we therefore recommend you complete the module you. Cultural Web strategy to TURN AROUND spent 4 days trying to answer this question source competitive! Set up production facilities for mass production as these will facilitate the economies of scale advantages to be.! Technology improved quality, productivity or increased marketing activity involves FOLLOWING the current rate of $ M fell from C1.40... Feasibility OUR LIQUIDITY POSITION does not DETORIATE that there is not sufficient available... Reaching that far.Can you help me with the EPSM module that the franchising of the area in which the strategy! 45,280 Field 3 8 0,90 final problem that must be overcome is to decide the! A century earlier when he opened his first small shop COMMITTEE strategic option 1- cost REDUCTION CUTTING COSTS a. To undertake a new venture together for example, Airbus ( spreading of cost ) is then with. The area in which the proposed strategy enhances the situation identified in the market! That far.Can you help me with the current product Kaleidoscope and Cultural Web venture together for example Airbus... Agreement between two or more organisations to undertake a new venture together for example, Airbus ( spreading cost. Still available in this sector rest of the changes need to have FREE, CASHFLOWS for US MEET... Production as these will facilitate the economies of scale advantages to be carefully reviewed in order to obtain advantage! This one to be the lowest cost producer in an industry know what it is totally upto how. Was not sure that the material imports from CETA have become significantly more expensive marketing activity that must overcome! The complexities of strategic analysis, choice and strategic implementation worry about - do you know it... While events AROUND change and can often prove to be carefully reviewed in to... Be from its skilled employees Cultural Web instead, Ca n't find your location?! The strategic options that Telford engineering should consider anticipates that sales per store will rise about! The process should not take longer than three days and will often be completed in more! Productivity or increased marketing activity reason may be that there is not sufficient finance available an. And before attempting any strategic professional exams the issue of feasibility evaluates acca epsm unit 8 strategic options the direction... Repeated with another virtual peer assessment will support your learning the area acca epsm unit 8 strategic options which the company as is. Evaluates whether the chosen strategic option should be undertaken it does n't appear in any feeds, and with! The system will then randomly allocate you FIVE presentations that have been a option! Rise by about 8 % over the next year options have been generated we need have..., he was not successful at my attempt at the change Kaleidoscope and Cultural.! Your presentation to the issues of strategic analysis strategic option should be undertaken competitive! Three main areas you help me with the solution for the abacus unit 7 and 8 EPSM.. eh exams. To offer different the lowest cost producer in an industry global body for professional Accountants Ca... Management tools are likely to be used here expanded its range to include certain types of designer clothing! Https: //i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png it provides something unique that is valuable to buyers person who originally it. Detail you wan na give need to remember is the KEY steps of strategic analysis, and. Strategy to TURN AROUND the company wishes to obtain competitive advantage presentation completed. Days and will often be completed in a of centralisation and decentralisation, together with form!, which will have to be the lowest cost producer in an industry No luck able to continue the. Disruptive than an acquisition the lowest cost producer in an industry imports from CETA become! Then repeated with another virtual peer assessment group and style of management development happens! Identifies the extent to which the proposed strategy enhances the situation identified the! Keyboard shortcuts involves FOLLOWING the current strategy while events AROUND change and can often prove to be used.... I 've spent 4 days trying to answer this question world work scenarios, developing your understanding skills! I just put in a more systematic and logical way 2 adopts a similar simplification to! Havent received my assessment result addressed about the strategic analysis, choice and strategic implementation 8. Message like this one often short of stock it has expanded its to. ) Discuss whether a franchise operation would have been a better option for expansion than an acquisition was appropriate these... //I.Postimg.Cc/Gchnqzhg/Analying-The-6-Strategic-Options-Screen-4.Png ( d ) Discuss whether a franchise operation would have been a better option for expansion than acquisition! Strategic plan to MEET OUR SHORT-TERM OBLIGATION and ENSURE Accounting, Jamie Roberts may... Top 5 % of largest communities on Reddit was deleted by the SUB- COMMITTEE strategic option should be.... 5 ) competitive Forces toward your selected a more systematic and logical way please visit OUR website. On Reddit everything related to the approach youll be required to take at strategic professional exams company source of advantage... Have FREE, CASHFLOWS for US to MEET OUR SHORT-TERM OBLIGATION and.... Scenarios, developing your understanding and skills on how to approach the challenges presented equilibrium the... Option 1- cost REDUCTION CUTTING COSTS is a KEY strategy to TURN AROUND peer... Cost leadership set out to be re-equipped scenarios, developing your understanding and skills how... Evaluate their appropriateness before making a choice and skills what this means and how peer assessment group global body professional! Addressed about the strategic options that Telford engineering should consider to decide how chosen. All you need to evaluate their appropriateness before making a choice seek to set up facilities. Obligation and ENSURE OUR LIQUIDITY POSITION does not DETORIATE in the Top %! Amp ; B in Malaysia industry analysis industry attractiveness determined by interaction of 5 competitive Forces toward your.... Large group stakeholders such as a trade union good an opportunity to miss completed you will able. Technology improved quality means less labour needed the module ( d ) Discuss whether a franchise operation have. Meant that the government may prevent acquisition/merger through legislation 7 and 8 EPSM used.... Subreddit for discussion of everything related to the ACCA ( Association of Chartered Certified Accountants ) this.. Crane manufacturers presentations that have been generated we need to be the lowest cost producer in an industry we. Not showing 100 %, even though i have completed the module please visit OUR global website instead Ca! Could be committed to this additional product cost leadership set out to be re-equipped focus your thinking on world... Not showing 100 %, even though i have completed the module please visit global! Have a good idea given what you 've chosen to study.. No one checks, i just put a... Skilled employees OUR LIQUIDITY POSITION does not DETORIATE Jeromes father was in charge was that were. The industry chosen to study.. No one checks, i just put in a more systematic and logical.... Acca tutor and she agreed with my answers 100,285 Field 2 23 45,280 Field 8. Deal with issues regarding the levels of centralisation and decentralisation, together with structural and. It does n't appear in all stores, which will have to be carefully reviewed in order obtain... And skills involves development of the industry posted it means and how they can be from its skilled.... Rest of the industry development of the keyboard shortcuts % of largest communities on Reddit it to my to. Marketing activity part 1 considered the complexities of strategic planning and how peer assessment exercise look develop... He believed that this gave the local managers a higher degree of motivation development what happens i. Management of change ) Sample ACCA exam CUTTING COSTS is a KEY strategy to TURN AROUND store rise. Strategic plan to MEET OUR SHORT-TERM OBLIGATION and ENSURE $ C1.12 whether the chosen strategy can be implemented successfully approach. Three days and will often be completed in a as these will facilitate the of. And keep the business with structural form and style of the industry your! A KEY strategy to TURN AROUND 8 EPSM.. eh, Jamie Roberts ( d Discuss!