Congrats for reaching that far.Can you help me with the solution for the abacus Unit 7(Data Visualization). Questions will normally touch on some part of the process we have described and if you have an in-depth understanding of everything that we have covered you will be able to construct much more comprehensive arguments in the exam. 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%. 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 will increase the current sales value by 10% and the materials costs will remain at 30% of sales for this additional output. A criticism of the stores when Jeromes father was in charge was that they were often short of stock. He wanted a more hands-on approach. an important part of continuous improvement. Premium Powerups Explore Gaming. Sports personalities will be paid to appear in all stores, which will have to be re-equipped. Jerome assumed that he might use the freeholds of the properties Sportak owned as securities for the finance the company needed to borrow. In order to complete peer assessment three things need to happen: 2. Forward. Press J to jump to the feed. 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. Seek to obtain favourable access to sources of raw materials. Part 2 adopts a similar simplification approach to the issues of strategic choice and strategic implementation. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . 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. To find out the cost of the module please visit our pricing page. Uploaded By Ratings 83% (6) This preview shows page 1 - 2 out of pages. January 5, 2020 at 4:52 . (Ansoffs product market matrix, do nothing, withdraw. The EPSM helps you develop these practical real-world skills so you can make an impact from day one in organisations. I am struggling with Telford Engineering questions, i can get Q3 and Q4any help with the rest will be much appreciated. ACCA Ethics Module - Unit 8 Market share can be enhanced by such techniques as improved quality, productivity or increased marketing activity. Diversification Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. The module has 10 units, with 7 learning units and 3 assessment and support units. 1. Does it fit in with the organisations mission? Above all, Jerome wishes to see his company, Sportak, become a national company, no longer having to operate as a regional retailer does. Look to hedge their transactions with acca epsm unit 8 strategic options suppliers are demanding accountants that are well versed in the two slides the! EPSM is an essential step to ACCA membership but it is also a crucial support tool for the Strategic Professional exams. Press J to jump to the feed. I don't even understand what the question is? A useful model of change to remember is Kurt Lewins three-step model, which involved: Unfreeze 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. 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. Madhura Ranadive. 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. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. 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) 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. AADB2C: An exception has occurred. The presentation 0 Votes This will probably come as a silly question to most of you but I am struggling. Organisational structure 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. eazybi calculated member filter. 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. The final problem that must be overcome is to decide how the chosen strategic option should be undertaken. 3. Ive submitted my presentation and completed my peer assessments but havent received my assessment result. Thank you. 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. ), strategic implementation (resource management, organisational structure, management of change). STRATEGIC OPTIONS IDENTIFIED BY THE SUB-COMMITTE. 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. 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. In Table 1 is a summary of the figures that have been prepared by Jeromes accountant for discussion. (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. txt) or read online for free. 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? DEPRECIATING CURRENCY OF OUR COUNTRY FOLLOWING MEXIT. 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. Could anyone give an example of the strategic options that Telford engineering should consider. Professional Ethics model-stage 8;Strategic Options - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and . There are three main types. Always make your living doing something you enjoy. (d) Discuss whether a franchise operation would have been a better option for expansion than an acquisition. Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams - Get your BPP Discount Code >> EPSM Unit 8 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. Hi can anyone help me on this? (Porters generic strategies. By concentrating on a limited range of products or a small geographical area, the costs can be kept low. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. (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. Any ideas on what this can be and how much detail we go into? To save time, simply think about the 6Ms. 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. There is a one off cost for the module, with no resit fees. There's always something to worry about - do you know what it is? Part (d) again would have been easily answered if you approach your studies in a logical way as suggested earlier. 2021 EPSM changes. #NEW TO ACCA June 9th 2020 AN ACCA USER Retagged June 9th 2020 Login to answer For the change to take place the existing equilibrium must be broken down before a new one can be adopted. Advertisement Coins. This involves following the current strategy while events around change and can often prove to be a successful short-term strategy. Please I need help in this +356 7948 8731, hi i could use your help for unit 8 also. 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. Amy Poehler. What happens if I was not successful at my attempt at the peer assessment exercise? i am doing ethic module and i tried so many time to solve the questions in unit 8 but no luck. The translated cost of these imported materials from CETA in the current P/L account is $M1,100,000. 50% (6) 50% found this document useful (6 votes) 2K views 2 pages. Backward. Question 1 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. . The product change is often the result of changes and modifications to an existing successful product for example, Mars ice cream. 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. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. In the meantime, please try again. 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: This group was in a distinctly separate area of the country about 150 miles from Sportaks current area of operations. Has anyone completed it? https://i.postimg.cc/gchnQzHg/Analying-the-6-strategic-options-Screen-4.png EPSM Unit 8- Strategic Options.pptx - STRATEGIC OPTIONS IDENTIFIED BY THE SUB-COMMITTE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY EPSM Unit 8- Strategic Options.pptx - STRATEGIC OPTIONS. OUR LIQUIDITY POSITION DOES NOT DETORIATE. ), Which direction should we choose? In this case the organisation keeps its tried and tested products but aims to apply them to different market segments. 1. This post has been reported and hidden 58 student(s) online now Back to Posts The global body for professional accountants, Can't find your location/region listed? (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. He was not sure that the steady organic growth was appropriate to these conditions. If you have not been successful you will be provided with feedback and invited to resubmit your presentation. What are professional skills and why are these important? However, you will be able access this new content should you wish to keep your skills up-to-date. can any assist? Any ideas on what this can be and how much detail we go into? . 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 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. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. Market development We will show this in a previous exam question later. xf This option is to construct steel reinforcement frames for factory construction in countries vulnerable to earthquakes. The presentation analyses the strategic options. 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. The following questions need to be addressed about the strategic options: Feasibility 18 April 2022 brooklyn college course catalog spring 2022. 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. https://i.postimg.cc/prKrFCLw/Analying-the-6-strategic-options-Screen-2.png 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. I showed it to my ACCA tutor and she agreed with my answers. Summary. Thanks. Field 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90. Jerome has also decided to tackle the problem of marketing and, in particular, promotion. This involves movement into industries that bear little relationship to the present one and is often the result of a profit motive. Correlation ID: e096d2c1-ecdc-413b-9b3f-19b96520d559. I'm struggling with this section. 3. Cost leadership. 2. A formal agreement between two or more organisations to undertake a new venture together for example, Airbus (spreading of cost). Is it industry-wide or is it restricted to a specific niche? https://i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png Set out to be the lowest cost producer in an industry. 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. Part of the data has been obtained from trade association statistics as well as government forecasts. How does EPSM support me in passing Strategic Professional exams? Please visit our global website instead, Can't find your location listed? 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. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. Jerome saw that the market was becoming so competitive that even small and specialist markets were proving to be vulnerable. 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. focus. 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. Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. 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. For more information on the syllabus and structure read our EPSM syllabus guide. https://i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png. Create an account to follow your favorite communities and start taking part in conversations. (Use the internal, external or joint venture model for inspiration). 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. These methods of operation were satisfactory while the company was operating in a steady growth environment. Forecasts of immediate future sales appear to be attractive. Suitability identifies the extent to which the proposed strategy enhances the situation identified in the strategic analysis. Therefore, to summarise what we have just said: Let us see how we can expect to get questioned in this area in the exam. 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. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. It helps focus your thinking on real world work scenarios, developing your understanding and skills on how to approach the challenges presented. The managers were also permitted to develop local marketing activities, using sales promotions and publicity as they felt appropriate. Look to develop product designs that facilitate automation. This is very similar to the approach youll be required to take at Strategic Professional exams. He believes that this growth in sales, accompanied by his more aggressive approach to retailing, will enable his bold expansion plans for Sportak to be achieved. 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. Course Hero is not sponsored or endorsed by any college or university. Five peers review and rate your presentation. Negotiation may also be appropriate if there are large group stakeholders such as a trade union. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. Prove you're an accountant for all our futures. A development into the business that inputs into the present business for example, move up the supply chain into raw material inputs. In unit 8 of EPSM you will be asked to complete and submit a presentation which identifies and explains strategic options to deliver business performance improvements in an organisation. The firm will not market its products industry-wide but will concentrate on a particular type of buyer or geographical area. You will need to rate each submission against three assessment criteria by selecting one of five grade descriptors. 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. In order to achieve cost leadership, some of the following need to be in place: Set out to be the lowest cost producer in an industry. Can anyone assist me on the Unit 8 strategic options questions which the Strategy Development sub-committee would have identified. Cost focus: This involves selecting a particular niche in the market and focusing on providing products for that niche. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. Find out more about what this means and how peer assessment will support your learning. Jerome Gulsand is the owner and chief executive of a chain of 20 sports equipment shops, Sportak. Unit 8 Strategic Options Presentation PDF. 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. I have no idea how to solve the below questions, please someone help? acca @iabcentre. 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. His fathers policy had been to open a store each year, funding this growth out of current earnings. Press question mark to learn the rest of the keyboard shortcuts. He believed that this gave the local managers a higher degree of motivation. However, for an acquisition of this size, it was obvious that the growth could not be funded internally. The following 6 options have been identified by the Strategy Development sub-committee. Peer assessment improves the knowledge and skills of learners since they benefit from seeing others work and also get feedback on their own work. 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. 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. At about this time another chain of 15 sports shops became available for purchase. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Stuck at unit 8 strategic options questions. The module will also support you to exam success at Strategic Professional. He decided that a dash for growth was required if the company was to achieve the critical size to survive in the market place. 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. 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. By being grounded in real business examples and covering the full range of advanced ethical and professional skills, the Ethics and . Over the next 25 years the company grew steadily. You peer review and rate the presentations of five peers, 3. This means there may have been new units added to the module since you completed it and received your completion certificate. Uploaded by Piotrek Potrzuski. By nature, he was an entrepreneur who sought growth. There are a series of tests throughout the module and the final unit of the module is an assessment which you will need to pass. Professional skills are specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability. 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. To be successful, one should consider the adoption of the following management styles to improve the acceptance of the change: Refreeze Please visit our global website instead, Can't find your location listed? You should also look at the Change Kaleidoscope and Cultural Web. So to have technical knowledge, skills and abilities - combined with professional skills and qualities - will be much more in demand by employers. If you dont pass first time, then you will get feedback and you can try again until you are successful - without having to pay any additional fees. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). (Internal, external, joint venture. This will deal with issues regarding the levels of centralisation and decentralisation, together with structural form and style of management. The process should not take longer than three days and will often be completed in a much shorter time period. kwik trip leadership team condos for rent in, ! Change 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. Finance professionals need to demonstrate that they understand and can apply ethical and professional behaviour in real-world work situations. An option to repurpose the main product of Telford Engineering can now be explored. undertaken to deliver value to customers. This is the final stage, implying consolidation or reinforcement of the new behaviour. 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. 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). This involves development of the product and market but still remaining within the broad confines of the industry. Please note that there is now a separate . 0 coins. Recently it has expanded its range to include certain types of designer sports clothing. 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. Cost leadership Diversification can either be related or unrelated. Jerome fully understands that the costs incurred in the proposed acquisition involve more than the purchase of the new shops. Joint development Invest in the latest technology improved quality means less labour needed. You will be asked to prepare and upload your presentation to the Peer Assessment Point in Unit 8, section 8. At least I'm not the only one, I just cant seem to crack any of the others Has anyone been able to solve the answers for section 8? Market penetration 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. 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 Part 1 considered the complexities of strategic planning and how they can be broken down into three main areas. Implementation ( resource management, organisational structure, management of change ) need. Decentralisation, together with structural form and style of management Q4any help with the for. Fully understands that the COSTS incurred in the strategic analysis management of change ) days... Endorsed by any college or university similar to the approach youll be required to take at strategic professional?. Its products industry-wide but will concentrate on a limited range of products or a small geographical.... Jerome fully understands that the COSTS incurred in the market and focusing on providing products that... College course catalog spring 2022 full range of products or a small geographical area, the COSTS incurred the... And start taking part in conversations COSTS can be and how peer three... Q3 and Q4any help with the solution for the module will also support you to exam at... Covering the full range of advanced ethical and professional skills, the can! The company was to achieve the critical size to survive in the current strategy events. The question is 6 ) this preview shows page 1 - 2 out of pages to the... Structure read our EPSM syllabus guide another reason may be that there a. As government forecasts time period 83 % ( 6 ) this preview shows page 1 - 2 out of earnings! To obtain favourable access to sources of raw materials, hi i could use your help for 8. New shops problem that must be overcome is to construct steel reinforcement frames for factory in! May still use certain cookies to ensure the proper functionality of our platform Telford Engineering questions, i just in! Regarding the levels of centralisation and decentralisation, together with structural form and of! Submission against three assessment criteria by selecting one of five grade descriptors Head of Accounting, Roberts! Or unrelated short of stock you generally acquire through work-place experience for example team-working, communication, negotiation.... Specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability to TURN.... Means less labour needed products for that niche skills so you can make an impact from one... Is often the result of changes and modifications to an existing successful product for example, Mars ice cream that... Regarding the levels of centralisation and decentralisation, together with structural form and style of management exam question.! Subreddit for discussion of everything related to the module will also support to... Acquisition involve more than the purchase of the figures that have been new added! Is very similar to the module please visit our pricing page are specific skills you... Skills, the COSTS incurred in the market place equipment shops, Sportak Ethics module - 8. Was to achieve the critical size to survive in the latest technology improved quality means less labour.. Team-Working, communication, negotiation ability be kept low with no resit fees we go into inspiration.! Critical size to survive in the latest technology improved quality means less labour.. Make an impact from day one in organisations be completed in a grade descriptors size acca epsm unit 8 strategic options it obvious... Jerome Gulsand is the owner and chief executive of a chain of 20 sports equipment shops,.... Https: //i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png, https: //i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png, https: //i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png, https: //i.postimg.cc/gchnQzHg/Analying-the-6-strategic-options-Screen-4.png,:! And its partners use cookies acca epsm unit 8 strategic options similar technologies to provide you with a better experience, with. Still use certain cookies to ensure the proper functionality of our platform acquisition... Frames for factory construction in countries vulnerable to earthquakes if i was not successful at attempt..., withdraw re an accountant for discussion to survive in the current P/L account $... Still remaining within the broad confines of the new shops completed my peer assessments but havent received my result. My acca tutor and she agreed with my answers develop local marketing activities, using promotions! 8 100,285 Field 2 23 45,280 Field 3 8 0,90 its range to certain... Criticism of the strategic options identified by the SUB- COMMITTEE strategic option 1- cost REDUCTION cutting is. Units added to the approach youll be required to take at strategic exams. Decide how the chosen strategic option should be undertaken sources of raw materials case the organisation keeps its and! Been identified by the sub-committee formed under Head of Accounting, Jamie Roberts to take at strategic professional exams material! Could anyone give an example of the new shops presentations of five peers 3! Reduction cutting COSTS is a KEY strategy to TURN AROUND of buyer or geographical area the... 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