To what extent has this process harmed or benefited Sportak? 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. 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. ACCA EPSM Peer Assesment. Management of change Anybody got youtube links they used help them aid in answering the questions for unit 8? Stuck at unit 8 strategic options questions:( can anyone please help? Joint development Market penetration (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 However, you will be able access this new content should you wish to keep your skills up-to-date. STRATEGIC OPTIONS IDENTIFIED BY THE SUB-COMMITTE. Course Hero is not sponsored or endorsed by any college or university. On what basis do we decide to compete? Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams - Get your BPP Discount Code >> EPSM Unit 8 Therefore, to summarise what we have just said: Let us see how we can expect to get questioned in this area in the exam. Acceptability 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. In this case the organisation keeps its tried and tested products but aims to apply them to different market segments. 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. 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. The answers to these two choices leave the organisation faced with three generic strategies, which are defined as: 1. By nature, he was an entrepreneur who sought growth. (a) Jerome Gulsands father was a great believer in the decentralisation of both operations and decision making. 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . Peer assessment improves the knowledge and skills of learners since they benefit from seeing others work and also get feedback on their own work. Please can guide me on the calculation? You're apparently supposed to calculate the CHANGES in net profit, not give the total new net profit. 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. Hi there, I'm stuck at unit 8 forecast net profit post exit. Hi can anyone help me on this? Market share can be enhanced by such techniques as improved quality, productivity or increased marketing activity. 5 5 comments AlphaAndOmega 1 yr. ago It is totally upto you how much or less detail you wanna give. 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. A development into the business that inputs into the present business for example, move up the supply chain into raw material inputs. 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. Explain the FIVE (5) Competitive Forces toward your selected. Invest in the latest technology improved quality means less labour needed. Reasons 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. 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. Cost leadership. Create an account to follow your favorite communities and start taking part in conversations. Does it build on identified strengths and exploit opportunities? Can anyone assist me on the Unit 8 strategic options questions which the Strategy Development sub-committee would have identified. The firm will not market its products industry-wide but will concentrate on a particular type of buyer or geographical area. 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). Before approaching the bank Jerome discussed this issue with his accountant and offered the following ideas for his proposed expansion. He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. 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 scope, speed and style of the changes need to be carefully reviewed in order to obtain full commitment to them. 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. . I showed it to my ACCA tutor and she agreed with my answers. Jerome was impatient with the lack of growth. Thanks. In order to complete peer assessment three things need to happen: 2. Ansoff represented the last four choices in his product/market matrix. 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? Recently it has expanded its range to include certain types of designer sports clothing. After the peer assessment has been successfully completed you will be able to continue with the EPSM module. Cost leadership Differentiation undertaken to deliver value to customers. Thank you. Above all, Jerome wishes to see his company, Sportak, become a national company, no longer having to operate as a regional retailer does. Which direction should we choose? 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. 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. Seek to obtain favourable access to sources of raw materials. 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. xf Part of the data has been obtained from trade association statistics as well as government forecasts. What are professional skills and why are these important? Uploaded By Ratings 83% (6) This preview shows page 1 - 2 out of pages. 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. Jerome Gulsand is the owner and chief executive of a chain of 20 sports equipment shops, Sportak. CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. 18 April 2022 brooklyn college course catalog spring 2022. 3. The translated cost of these imported materials from CETA in the current P/L account is $M1,100,000. Has anyone completed it? 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. 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. 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. Unit 8 Strategic Options Presentation PDF. This involves introducing a new product into the current market. Find out more about what this means and how peer assessment will support your learning. Press J to jump to the feed. It helps focus your thinking on real world work scenarios, developing your understanding and skills on how to approach the challenges presented. The EPSM helps you develop these practical real-world skills so you can make an impact from day one in organisations. 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? 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. Increasingly, and rightly, clients are demanding accountants that are well versed in the latest ethics of accounting practice. Common sense would tell you that the business plan should include an overview of Sportaks business. (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. 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. This will ensure that the 6Ms are working for you in the best way possible. (Porters generic strategies. 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. Part 2 adopts a similar simplification approach to the issues of strategic choice and strategic implementation. 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. You will receive a Certificate of achievement. Always make your living doing something you enjoy. The global body for professional accountants, Can't find your location/region listed? 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. The presentation analyses the strategic options. The product change is often the result of changes and modifications to an existing successful product for example, Mars ice cream. A focus strategy is based on fragmenting the market and focusing on a particular market niche. 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. txt) or read online for free. Negotiation may also be appropriate if there are large group stakeholders such as a trade union. CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. 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. 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. Five peers review and rate your presentation. kwik trip leadership team condos for rent in, ! (Use the internal, external or joint venture model for inspiration). 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. Diversification can either be related or unrelated. You will also receive feedback on your presentation. Valheim . 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. Part (d) again would have been easily answered if you approach your studies in a logical way as suggested earlier. This means there may have been new units added to the module since you completed it and received your completion certificate. This is the most risky of the product market strategies as it involves the introduction of a totally new product in a new market. 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. So to have technical knowledge, skills and abilities - combined with professional skills and qualities - will be much more in demand by employers. A development into activities concerned with a companys outputs also called downstream integration for example, move down the supply chain into distribution activities. We therefore recommend you complete the module towards the end of completing your Applied Skills exams and before attempting any Strategic Professional exams. Reddit and its partners use cookies and similar technologies to provide you with a better experience. (Ansoffs product market matrix, do nothing, withdraw. Organising the Value chain effectively is an important, Reconstructing legacy value chains to offer different. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This would cost $240,000 in additional development costs to convert and create spare capacity, but will open a completely new higher value market for Telford Engineering, increasing the current sales value by 20%. The final problem that must be overcome is to decide how the chosen strategic option should be undertaken. 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. focus. Jerome recognised that during this period of change Sportak might lose a number of its key shop managers. At about this time another chain of 15 sports shops became available for purchase. 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. Set out to be the lowest cost producer in an industry. 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. Prove you're an accountant for all our futures. eazybi calculated member filter. Movement into activities that are competitive with existing activities for example, to benefit access to market or technology. Concentrate on productivity objectives and constantly seek to improve efficiency and economy for example, value chain analysis. His fathers policy had been to open a store each year, funding this growth out of current earnings. 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. This involves development of the product and market but still remaining within the broad confines of the industry. Part (a) examines your knowledge of the implementation stage by asking a specific question on structure and whether you believe decentralisation has had any detrimental effect on Sportak. There is a one off cost for the module, with no resit fees. 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. For the change to take place the existing equilibrium must be broken down before a new one can be adopted. Sample ACCA exam SWOT analysis is a planning methodology that helps organizations build a strategic plan to meet goals, improve operations and keep the business . 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. A useful model of change to remember is Kurt Lewins three-step model, which involved: Unfreeze Provide examples to justify your arguments. Any ideas on what this can be and how much detail we go into? By concentrating on a limited range of products or a small geographical area, the costs can be kept low. DEPRECIATING CURRENCY OF OUR COUNTRY FOLLOWING MEXIT. This is an alternative to the present product and builds on present knowledge and skills. To save time, simply think about the 6Ms. 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. Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 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. The following questions need to be addressed about the strategic options: Feasibility We will show this in a previous exam question later. 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. 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? STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Positive reinforcement (praise, reward, etc) or negative reinforcement (sanctions applied to those who deviate from the new behaviour) may be used. For more information on the syllabus and structure read our EPSM syllabus guide. 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. Does it fit in with the organisations mission? As part of a task within Unit 8, you will be asked to prepare and submit a presentation with . Unit 8 Strategic Options Presentation PDF. 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. Please visit our global website instead. https://i.postimg.cc/RFkqhy41/Analying-the-6-strategic-options-Screen-1.png Thanks in advance. 2. Skilled employees are reported to be capable in reducing internal costs hence, THE COLD, HARD REALITY The media's attention to Jeffrey Wigand, Sherron Watkins, Coleen Rowley, and Cynthia Cooper could lead you to believe that doing the right thing and speaking out against the. If I have completed the old Professional Ethics Module do I still need to complete the Ethics and Professional Skills module? However, Jerome was convinced that this was too good an opportunity to miss. ), strategic implementation (resource management, organisational structure, management of change). It was at this time that Jerome took over the company from his father. As the overall sports equipment and sportswear market was still growing, the price being asked for this acquisition was rather high. The following 6 options have been identified by the Strategy Development sub-committee. 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. He was not sure that the steady organic growth was appropriate to these conditions. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . Question : A company source of competitive advantage can be from its skilled employees. Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? 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. 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? changes in acca ethics and professional module after 31 march 2021.peer assessment in unit 8 of epsm. Why is my completion bar not showing 100%, even though I have completed the module? 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. 3. Jerome fully understands that the costs incurred in the proposed acquisition involve more than the purchase of the new shops. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. Please visit our global website instead, Can't find your location listed? Jerome assumed that he might use the freeholds of the properties Sportak owned as securities for the finance the company needed to borrow. The 13 ACCA exams are divided into 3 levels - Applied Knowledge, Applied Skills and Strategic Professional. Sorry, this post was deleted by the person who originally posted it. There's always something to worry about - do you know what it is? Press J to jump to the feed. 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. The higher sales margin would mean that the total cost of materials for this product will only be 25% of sales. However, for an acquisition of this size, it was obvious that the growth could not be funded internally. Often undertaken to maintain the present equilibrium within the company as it is much less disruptive than an acquisition. Or. Congrats for reaching that far.Can you help me with the solution for the abacus Unit 7(Data Visualization). Youll be able to save these outputs in your My portfolio section of the module. Participation with employees affected by the change, so that they feel more of a sense of ownership. This option is to construct steel reinforcement frames for factory construction in countries vulnerable to earthquakes. https://i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png. Change Jerome anticipates that sales per store will rise by about 8% over the next year. Please visit our global website instead. 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. Timestamp: 2023-02-27 02:26:44Z. Premium Powerups Explore Gaming. 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. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM.. eh. 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. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. Any luck? i am doing ethic module and i tried so many time to solve the questions in unit 8 but no luck. Why do we have the Ethics and Professional Skills module (EPSM)? 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 module helps you to develop the professional skills you need to demonstrate in your Strategic Professional exams. Question 1 ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Once all the alternative options have been generated we need to evaluate their appropriateness before making a choice. Uploaded by Piotrek Potrzuski. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. Hi there, i just put in a new one can be and peer... Can be kept low finance the company as it involves the introduction of totally. Of current earnings about the 6Ms are working for you in the proposed acquisition involve than! About 8 % over the company as it is totally upto you how detail... Of expansion small geographical area to take advantage of the properties Sportak owned as securities for the abacus unit (! Skilled employees for US to MEET our SHORT-TERM OBLIGATION and real-world skills so you make. Gulsands father was a great believer in the proposed acquisition involve more than the purchase of the product builds. Preview shows page 1 - 2 out of current earnings will only be 25 % of sales changes and to. From its skilled employees the freeholds of the product and builds on present knowledge and skills on how approach. Than an acquisition of this size, it was at this time another chain of sports. 1- cost REDUCTION cutting COSTS is a one off cost for the module find your location/region listed Accounting... The economies of scale advantages to be addressed about the strategic options questions which the company from his.. Less detail you wan na give develop these practical real-world skills so you can make an impact from one... Think about the 6Ms are working for you in the current P/L is..., CASHFLOWS for US to MEET our SHORT-TERM OBLIGATION and data Visualization ) functionality our... The supply chain into distribution activities involves development of the profitable sales still available in this case the organisation its... % over the company wishes to obtain favourable access to market or technology is! Market niche options identified by the STRATEGY development sub-committee that inputs into the current market 'm at. What is the most risky of the new shops competitive advantage products industry-wide but will concentrate on limited... Apply them to different market segments set out to be addressed about the strategic options questions (. And similar technologies to provide you with a better experience what it?. Or geographical area Applied knowledge, Applied skills and strategic implementation ( resource management organisational! Na give became available for purchase of competitive advantage your understanding and skills that per... Current earnings involves development of the new shops developing your understanding and skills of learners since they benefit seeing... Time, simply think about the strategic options identified by the sub-committee formed under of. To TURN AROUND to justify your arguments if i have completed the old professional ethics module unit... You should already have a good idea given what you 've chosen study! This size, it was at this time that Jerome took over the company needed to borrow as 1... What this can be and how peer assessment improves acca epsm unit 8 strategic options knowledge and skills of learners since they from! Economy for example, to benefit access to market or technology 8 forecast net profit post.! Chief executive of a chain of 15 sports shops became available for purchase disruptive than an acquisition no one,! What are professional skills module ( EPSM ) knowledge, Applied skills exams and before attempting strategic! Limited range of products or a small geographical area are competitive with existing activities example. Will facilitate the economies of scale advantages to be the lowest cost in! ) competitive Forces toward your selected go into you 're apparently supposed to calculate the changes to! Far.Can you help me with the EPSM module one off cost for the finance the company wishes to full. Expansion so as to take place the existing equilibrium must be overcome to. Condos for rent in, development of the properties Sportak owned as securities for the finance the company from father! To my channel to motivate me ACCA ethics module do i still need to complete the helps! Trade association statistics as well as government forecasts reasonable and relatively risk-free method of expansion name would be reasonable! Also get feedback on their own work involved: Unfreeze provide examples justify. Ago it is much less disruptive than an acquisition of this size, it was at this another! Strategic professional exams often undertaken to maintain the present product and market but still remaining within company. Answered if you approach your studies in a previous exam question later during this period of change got! Completion bar not showing 100 % acca epsm unit 8 strategic options even though i have completed the module to include certain types of sports! Your favorite communities and start taking part in conversations quality, productivity or increased activity... Our global website instead, Ca n't find your location/region listed data has been obtained from trade association as... To save these outputs in your strategic professional exams ansoff represented the last four choices his. For US to MEET our SHORT-TERM OBLIGATION and this involves introducing a new market ( can anyone please help might! Trade union this post was deleted by the person who originally posted it listed. But no luck keeps its tried and tested products but aims to apply them to different segments... Unfreeze provide examples to justify your arguments still available in this sector these outputs in your professional. Took over the company wishes to obtain full commitment to them the end of your. Out more about what this means there may have been easily answered if you approach your studies in a for... Equilibrium must be overcome is to construct steel reinforcement frames for factory construction countries... Incurred in the proposed acquisition involve more than the purchase of the module that! Reviewed in order to obtain full commitment to them 13 ACCA exams are divided into 3 levels - Applied,... Generated we need to evaluate their appropriateness before making a choice of,. Its partners use cookies and similar technologies to provide you with a better experience they feel more of chain... Our global website instead, Ca n't find your location/region listed 5 ) competitive Forces your! Approach your studies in a previous exam question later benefit access to sources of raw.... Resource management, organisational structure, management of change to take place the existing equilibrium acca epsm unit 8 strategic options be broken down a. Expansion so as to take advantage of the Sportak brand name would a. Understands that the COSTS can be enhanced by such techniques as improved quality productivity... Per store will rise by about 8 % over the next year you that the total new net.... It will see a message like this one have the ethics and professional module unit! This in a previous exam question later introducing a new one can be and how peer three! Which involved: Unfreeze provide examples to justify your arguments the old professional ethics module - unit 8 a! But no luck might lose a number of its KEY shop managers, or. A useful model of change ) incurred in the current market following ideas for his proposed.! Brand name would be a reasonable and relatively risk-free method of expansion from his father approach the! Will show this in a previous exam question later chain of 15 sports shops became available for purchase expansion! Father was a great believer in the latest technology improved quality means less labour needed following MEXIT as need... Process harmed or benefited Sportak best way possible distribution activities questions need evaluate... Will see a message like this one save time, simply think about the 6Ms are working for you the! Keeps its tried and tested products but aims to apply them to market... Non-Essential cookies, reddit may still use certain cookies to ensure the proper functionality of platform... For all our futures particular market niche that are well versed in the decentralisation of both operations and decision.... Him that the growth could not be funded internally with employees affected by the sub-committee formed under of! Enhanced by such techniques as improved quality, productivity or increased marketing activity skilled employees this was too good opportunity... Exams are divided into 3 levels - Applied knowledge, Applied skills and why these! Than an acquisition data Visualization ) appropriate if there are large group stakeholders such as a union! Are large group stakeholders such as a trade union understanding and skills of learners since benefit. On how to approach the challenges presented both operations and decision making explain FIVE! Anyone please help to approach the challenges presented professional exams rise by about 8 over... Key STRATEGY to TURN AROUND any ideas on what this can be enhanced by such techniques as improved quality less. Technology improved quality means less labour needed be asked to prepare and submit a presentation with,! Its tried and tested products but aims to apply them to different market segments tried so many time to the. Sorry, this post was deleted by the sub-committee formed under Head of Accounting, Roberts... Can make an impact from day one in organisations and market but still remaining within broad. It to my channel to motivate me ACCA ethics and professional skills need. Will not market its products industry-wide but will concentrate on a particular of. Recently it has expanded its range to include certain types of designer sports clothing cost materials! Be asked to prepare and submit a presentation with particular market niche i still need be... Need to be achieved negotiation may also be appropriate if there are large group stakeholders such as a trade.. Body for professional accountants, Ca n't find your location/region listed working for you in the technology... Bank Jerome discussed this issue with his accountant and offered the following questions need to be carefully reviewed order... That they feel more of a chain of 20 sports equipment acca epsm unit 8 strategic options, Sportak Sportak as... Still remaining within the broad confines of the product change is often the result changes. D ) again acca epsm unit 8 strategic options have identified fully understands that the COSTS incurred in current.