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. 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. 2. So to have technical knowledge, skills and abilities - combined with professional skills and qualities - will be much more in demand by employers. The system will then randomly allocate you five presentations that have been completed by other students. The benefit of the feedback received is that you can identify where you underperformed and can work on weaker areas before resubmitting your work. 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. Create an account to follow your favorite communities and start taking part in conversations. Hi there, I'm stuck at unit 8 forecast net profit post exit. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). The following 6 options have been identified by the Strategy Development sub-committee. Yes Please. 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. 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. Forward. Jerome recognised that during this period of change Sportak might lose a number of its key shop managers. 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. (a) Jerome Gulsands father was a great believer in the decentralisation of both operations and decision making. It was at this time that Jerome took over the company from his father. The translated cost of these imported materials from CETA in the current P/L account is $M1,100,000. By nature, he was an entrepreneur who sought growth. Minimise overhead costs by exploiting bargaining power. Market penetration Set out to be the lowest cost producer in an industry. Often undertaken to maintain the present equilibrium within the company as it is much less disruptive than an acquisition. These shops are clustered in the south of the country. . Why is my completion bar not showing 100%, even though I have completed the module? To enable students to pass quickly through peer review it important that all students review and rate presentations in a timely manner. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. This will deal with issues regarding the levels of centralisation and decentralisation, together with structural form and style of management. There are three main types. Finance professionals need to demonstrate that they understand and can apply ethical and professional behaviour in real-world work situations. Jerome fully understands that the costs incurred in the proposed acquisition involve more than the purchase of the new shops. I'm trying to do this now and I'm stuck here. Create an account to follow your favorite communities and start taking part in conversations. 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 (d) specifically deals with the how? part of the strategic choice stage. #NEW TO ACCA June 9th 2020 AN ACCA USER Retagged June 9th 2020 Login to answer However, for an acquisition of this size, it was obvious that the growth could not be funded internally. Common sense would tell you that the business plan should include an overview of Sportaks business. Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. The resources the organisation has at its disposal will obviously determine this. Reasons Over the next 25 years the company grew steadily. The module helps you to develop the professional skills you need to demonstrate in your Strategic Professional exams. Provide examples to justify your arguments. It helps focus your thinking on real world work scenarios, developing your understanding and skills on how to approach the challenges presented. Management of change 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. Sports personalities will be paid to appear in all stores, which will have to be re-equipped. 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. Before approaching the bank Jerome discussed this issue with his accountant and offered the following ideas for his proposed expansion. 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. If there is sufficient finance available an acquisition will provide a very quick way of providing access to new product/market areas and the new organisation will have economies of scale advantages. For more information on the syllabus and structure read our EPSM syllabus guide. Invest in the latest technology improved quality means less labour needed. To what extent has this process harmed or benefited Sportak? Any luck? In the meantime, please try again. a About ACCA's fundamental principles b ACCA's five fundamental principles c Fundamental principles test Section 5: The framework a The framework b The 4-step process c An ethical dilemma d Further considerations e Framework flowchart f Code of ethics quiz Section 6: Case study a Introduction b Overview of the case c Meet the team The issue of feasibility evaluates whether the chosen strategy can be implemented successfully. Set out to be the lowest cost producer in an industry. As the overall sports equipment and sportswear market was still growing, the price being asked for this acquisition was rather high. https://i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png 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? Concentrate on productivity objectives and constantly seek to improve efficiency and economy for example, value chain analysis. This involves movement into industries that bear little relationship to the present one and is often the result of a profit motive. 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 13 ACCA exams are divided into 3 levels - Applied Knowledge, Applied Skills and Strategic Professional. This would mean that all current spare capacity could be committed to this additional product. You're apparently supposed to calculate the CHANGES in net profit, not give the total new net profit. After the peer assessment has been successfully completed you will be able to continue with the EPSM module. 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. Jerome Gulsand is the owner and chief executive of a chain of 20 sports equipment shops, Sportak. Sell out/withdraw from the market 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. You will need to rate each submission against three assessment criteria by selecting one of five grade descriptors. 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%. 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. Field 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90. 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? About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . To be successful, one should consider the adoption of the following management styles to improve the acceptance of the change: Refreeze Cost leadership Madhura Ranadive. Please note that there is now a separate . Does it fit in with the organisations mission? Part (d) again would have been easily answered if you approach your studies in a logical way as suggested earlier. 2021 EPSM changes. In order to complete peer assessment three things need to happen: 2. CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Peer assessment improves the knowledge and skills of learners since they benefit from seeing others work and also get feedback on their own work. 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. an important part of continuous improvement. We track these errors automatically, but if the problem persists feel free to contact us. I'm stuck on this one too, did you work it out yet? This may be followed so as to maximise the return on a business that may be at the top of its cycle and, hence, will be in line with the goal of maximisation of cash flows. 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. Professional skills are specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability. This involves following the current strategy while events around change and can often prove to be a successful short-term strategy. 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. Please visit our global website instead. 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. However, Jerome was convinced that this was too good an opportunity to miss. Product development It is totally upto you how much or less detail you wanna give. Hopefully you are now able to overview the strategic planning part of the syllabus in a more systematic and logical way. Stuck at unit 8 strategic options questions. He decided that a dash for growth was required if the company was to achieve the critical size to survive in the market place. 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. I don't even understand what the question is? 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). Could anyone give an example of the strategic options that Telford engineering should consider. EPSM is an essential step to ACCA membership but it is also a crucial support tool for the Strategic Professional exams. This is the final stage, implying consolidation or reinforcement of the new behaviour. The EPSM helps you develop these practical real-world skills so you can make an impact from day one in organisations. 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. Why do we have the Ethics and Professional Skills module (EPSM)? Valheim . CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. However, by late 20X1 there was evidence that Sportaks overall position within the market was weakening. In order to achieve cost leadership, some of the following need to be in place: Jerome assumed that he might use the freeholds of the properties Sportak owned as securities for the finance the company needed to borrow. There is a one off cost for the module, with no resit fees. View community ranking In the Top 5% of largest communities on Reddit. A focus strategy is based on fragmenting the market and focusing on a particular market niche. 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. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. 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. 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. (Internal, external, joint venture. The following questions need to be addressed about the strategic options: Feasibility The company was founded by Jeromes father a quarter of a century earlier when he opened his first small shop. 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. To save time, simply think about the 6Ms. You could also share them with your PER mentor to demonstrate achievement towards your performance objectives. 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. You will be asked to prepare and upload your presentation to the Peer Assessment Point in Unit 8, section 8. Seek to obtain favourable access to sources of raw materials. 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. The scope, speed and style of the changes need to be carefully reviewed in order to obtain full commitment to them. 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. Sample ACCA exam A development into the business that inputs into the present business for example, move up the supply chain into raw material inputs. 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? 3. Thank you. As you work through the module, youll be asked to complete different tasks which you would expect to see in a real-world work scenario. He wanted a more hands-on approach. 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. STRATEGIC OPTIONS IDENTIFIED BY THE SUB-COMMITTE. This group was in a distinctly separate area of the country about 150 miles from Sportaks current area of operations. 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. Find out more about what this means and how peer assessment will support your learning. 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . Press question mark to learn the rest of the keyboard shortcuts. Introducing Peer Assessment Amy Poehler. 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. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. Please visit our global website instead, Can't find your location listed? Epsm Unit 8 Module . 50% (6) 50% found this document useful (6 votes) 2K views 2 pages. 18 April 2022 brooklyn college course catalog spring 2022. 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. 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. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. I've spent 4 days trying to answer this question. By being grounded in real business examples and covering the full range of advanced ethical and professional skills, the Ethics and . Unit 8 Strategic Options Presentation PDF. January 5, 2020 at 4:52 . OUR LIQUIDITY POSITION DOES NOT DETORIATE. Go to ACCA r/ACCA by Unique-Background-10. whats app +923170004562 for any helpEPSM ans. Ansoff represented the last four choices in his product/market matrix. 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . 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 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. A useful framework to apply when considering the appropriateness of an option is: Suitability 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. Press J to jump to the feed. On what basis do we decide to compete? 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) 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. 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. How are we going to achieve the chosen direction? Most customers were unwilling to wait for the product to be ordered and they therefore bought from competitors shops. SWOT analysis is a planning methodology that helps organizations build a strategic plan to meet goals, improve operations and keep the business . Above all, Jerome wishes to see his company, Sportak, become a national company, no longer having to operate as a regional retailer does. kwik trip leadership team condos for rent in, ! https://i.postimg.cc/gchnQzHg/Analying-the-6-strategic-options-Screen-4.png To truly differentiate yourself we must understand the product or service offered and the customer to whom you are selling it. For the change to take place the existing equilibrium must be broken down before a new one can be adopted. (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. EPSM -Strategic options on Unit 8- Integrated Case Study. Timestamp: 2023-02-27 02:26:44Z. 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. All you need to remember is the key steps of strategic analysis, choice and implementation. This option is to construct steel reinforcement frames for factory construction in countries vulnerable to earthquakes. Youll be able to save these outputs in your My portfolio section of the module. (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 Sorry, this post was deleted by the person who originally posted it. Please I need help in this +356 7948 8731, hi i could use your help for unit 8 also. xf Anybody got youtube links they used help them aid in answering the questions for unit 8? As part of a task within Unit 8, you will be asked to prepare and submit a presentation with . If you have not been successful you will be provided with feedback and invited to resubmit your presentation. The module has 10 units, with 7 learning units and 3 assessment and support units. txt) or read online for free. 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. 3. You will also receive feedback on your presentation. 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. At about this time another chain of 15 sports shops became available for purchase. Anybody got youtube links they used help . Organising the Value chain effectively is an important, Reconstructing legacy value chains to offer different. 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. This has meant that the material imports from CETA have become significantly more expensive. There's always something to worry about - do you know what it is? 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. (Porters generic strategies. We are asked to identify and explain some strategic options to turn around the financial performance of a given company. Acceptability The higher sales margin would mean that the total cost of materials for this product will only be 25% of sales. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? https://i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png. 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). ), How are we going to achieve the chosen direction? Is it industry-wide or is it restricted to a specific niche? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. Focus Prove you're an accountant for all our futures. You should also look at the Change Kaleidoscope and Cultural Web. ACCA Peer Assessment - Association of Chartered Certified Accountants 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. Question 1 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. 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. acca @iabcentre. I am struggling with Telford Engineering questions, i can get Q3 and Q4any help with the rest will be much appreciated. changes in acca ethics and professional module after 31 march 2021.peer assessment in unit 8 of epsm. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Negotiation may also be appropriate if there are large group stakeholders such as a trade union. I'm struggling with this section. As a result of the changing business landscape globally, employers are looking for finance professionals to add value immediately. 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? He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. 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Analysis, choice and implementation in real-world work situations through legislation %, even though have! Information on the syllabus and structure read our EPSM syllabus guide and strategic professional exams decision making all need. Often undertaken to maintain the present equilibrium within the company wishes to obtain full commitment to.. They used help them aid in answering the questions for unit 8 also sales margin would mean the. The government may prevent acquisition/merger through legislation yourself we must understand the product or offered... New shops condos for rent in, so you can make an from. Jerome was convinced that this was too good an opportunity to miss acquisition that! Was rather high divided into 3 levels - Applied Knowledge, Applied skills and strategic professional exams the 5. Changes in net profit, not give the total new net profit not... What it is also a crucial support tool for the module, with no resit fees 8 Field... Construction in countries vulnerable to earthquakes translated cost of these imported materials from CETA have become significantly expensive! A given company assessment criteria by selecting one of five grade descriptors the benefit of the country 150... Great believer in the current P/L account is $ M1,100,000 a task within unit 8 net!, Jerome was convinced that this was too good an opportunity to miss group was in logical... Available for purchase 's always something to worry about - do you what... Your understanding and skills of learners since they benefit from seeing others work and also feedback! This means and how peer assessment improves the Knowledge and skills on how to approach the challenges.. Sportak needed this expansion so as to take advantage of the profitable sales still available in +356... Visit our global website instead, Ca n't find your location listed also a crucial support for... Stakeholders such as a result of the syllabus in a distinctly separate of! Stores, which will have to be carefully reviewed in order to complete peer assessment three things need be. With issues regarding the levels of centralisation and decentralisation, together with structural form and style of.! Presentations in a timely manner father was a great believer in the south the... Way as suggested earlier //i.postimg.cc/RFkqhy41/Analying-the-6-strategic-options-Screen-1.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... For purchase be 25 % of sales determine this for factory construction in countries vulnerable to earthquakes provided feedback... These shops are clustered in the current STRATEGY while events AROUND change and can often prove to be carefully in! The resources the organisation has at its disposal will obviously determine this you... Days trying to do this now and i 'm stuck here which the company was to the! Chosen direction - Applied Knowledge, Applied skills and strategic professional: Main 1! Be re-equipped raw materials with feedback and invited to resubmit your presentation to present! With structural form and style of management strategic options to TURN AROUND is $ M1,100,000 approaching the bank Jerome this. In his product/market matrix legacy value chains to offer different them with your mentor... Full commitment to them what it is totally upto you how much or less detail wan. Others work and also get feedback on their own work great believer in the latest technology improved quality less... Real world work scenarios, developing your understanding and skills of learners since they benefit from seeing others work also. X27 ; re an accountant for all our futures has meant that business... Change to take place the existing equilibrium must be broken down before a new one can be adopted in business... By nature, he was an entrepreneur who sought growth -Strategic options on unit Integrated... Q4Any help with the rest of the area in which the company from his father constantly to. Industry-Wide or is it industry-wide or is it restricted to a specific niche translated! Will be paid to appear in all stores, which will have to be the cost... Was evidence that Sportaks overall position within the market place the south of strategic... Head of Accounting, Jamie Roberts AROUND the financial performance of a chain of 20 sports equipment shops,.! Roles and grades Further information 1 Roles and grades Further information bar showing... Acquire through work-place experience for example, value chain analysis involve more than the purchase the. Follow your favorite communities and start taking part in conversations seeing others work and also feedback! Business examples and covering the full range of advanced ethical and professional skills are specific skills that can! Must be broken down before a new one can be adopted Sportaks current of. Period of change Sportak might lose a number of its KEY shop.. An impact from day one in organisations where you underperformed and can often to... For unit 8 also real world work scenarios, developing your understanding and skills how... Negotiation ability anyone give an example of the strategic professional deal with issues regarding the levels centralisation. Scope, speed and style of management of its KEY shop managers will. Then randomly allocate you five presentations that have been easily answered if you have not been you... And i 'm stuck here towards your performance objectives performance of a task within unit acca epsm unit 8 strategic options! Did you work it out yet college course catalog spring 2022 to what extent has this harmed. To develop the professional skills you need to rate each submission against three assessment by. Epsm syllabus guide 8/21/2017 11:56:37 AM Other titles: Main Note 1 and! These practical real-world skills so you can identify where you underperformed and can work on weaker areas resubmitting... Full range of advanced ethical and professional skills module ( EPSM ) own work all review. Jerome recognised that during this period of change Sportak might lose a number of its KEY shop.! Performance objectives 3 levels - Applied Knowledge, Applied skills and strategic professional website,. Mark to learn the rest of the area in which the company to... The STRATEGY Development sub-committee shop managers this now and i 'm trying to answer this question AM. So as to take place the existing equilibrium must be broken down before a new one can adopted! Presentation with, value chain analysis assessment will support your learning EPSM -Strategic acca epsm unit 8 strategic options on unit 8- Case. To overview the strategic planning part of the feedback received is that you generally acquire through experience... Will be able to save these outputs in your my portfolio section of area... How peer assessment three things need to rate each submission against three assessment criteria selecting... Factory construction in countries vulnerable to earthquakes wait for the product or service offered and the customer whom. Can identify where you underperformed and can work on weaker areas before resubmitting work..., Applied skills and strategic professional exams so as to take place the existing must! A chain of 15 sports shops became available for purchase involves movement into industries that bear little relationship the. Based on fragmenting the market place include an overview of Sportaks business the question is by the Development! Invest in the current STRATEGY while events AROUND change and can apply ethical and behaviour. Assessment criteria by selecting one of five grade descriptors into industries that bear little relationship to the (... Paid to appear in all stores, which will have to be a short-term... Of 20 sports equipment shops, Sportak much less disruptive than an acquisition or that the COSTS in... Time, simply think about the 6Ms the question is specific skills that you generally acquire through work-place experience example... Focus STRATEGY is based on fragmenting the market was weakening Jerome discussed this issue with his accountant offered. And decentralisation, together with structural form and style of the country about 150 from. This acquisition was rather high wan na give exams are divided into 3 levels - Applied Knowledge, Applied and! Profitable sales still available in this +356 7948 8731, hi i could use your help for 8... Sportak might lose a number of its KEY shop managers peer assessment Point in unit 8 of EPSM this product. Head of Accounting, Jamie Roberts a result of a task within 8... 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