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. The firm will not market its products industry-wide but will concentrate on a particular type of buyer or geographical area. 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. 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. Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 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. Organisational structure 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. 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). Internal development Professional skills are specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability. Cutting is a key strategy to turnaround of december, 2019 top posts 2019. help Reddit coins premium. Yes Please. 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. Please visit our global website instead. Hi there, I'm stuck at unit 8 forecast net profit post exit. It was at this time that Jerome took over the company from his father. The issue of feasibility evaluates whether the chosen strategy can be implemented successfully. Set out to be the lowest cost producer in an industry. He believed that this gave the local managers a higher degree of motivation. ), Which direction should we choose? This is the final stage, implying consolidation or reinforcement of the new behaviour. Horizontal. We will show this in a previous exam question later. Seek to obtain favourable access to sources of raw materials. Market development (d) Discuss whether a franchise operation would have been a better option for expansion than an acquisition. Ethics and Professional Module-Unit 8.8: Analysing the strategic options - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests Ethics and Professional Module-Unit 8.8: Analysing the strategic options - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests Skip to primary navigation 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. 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 find out the cost of the module please visit our pricing page. 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. 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. Suitability identifies the extent to which the proposed strategy enhances the situation identified in the strategic analysis. Look to develop product designs that facilitate automation. Provide examples to justify your arguments. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Product development Has anyone completed it? The managers were also permitted to develop local marketing activities, using sales promotions and publicity as they felt appropriate. The module will also support you to exam success at Strategic Professional. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. A useful model of change to remember is Kurt Lewins three-step model, which involved: Unfreeze 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. 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. Recently it has expanded its range to include certain types of designer sports clothing. This will ensure that the 6Ms are working for you in the best way possible. The topic Ethics and Professional Module-Unit 8.8: Analysing the strategic options is closed to new replies. Hopefully you are now able to overview the strategic planning part of the syllabus in a more systematic and logical way. 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. Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. This involves introducing a new product into the current market. Cost focus: This involves selecting a particular niche in the market and focusing on providing products for that niche. 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? 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 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. At about this time another chain of 15 sports shops became available for purchase. Why do we have the Ethics and Professional Skills module (EPSM)? an important part of continuous improvement. This is an alternative to the present product and builds on present knowledge and skills. Should also provide brief supporting notes which might allow a presenter to expand the. Epsm Unit 8 Module . So to have technical knowledge, skills and abilities - combined with professional skills and qualities - will be much more in demand by employers. In Table 1 is a summary of the figures that have been prepared by Jeromes accountant for discussion. A focus strategy is based on fragmenting the market and focusing on a particular market niche. 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. 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? 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. 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. All you need to remember is the key steps of strategic analysis, choice and implementation. For the change to take place the existing equilibrium must be broken down before a new one can be adopted. Create an account to follow your favorite communities and start taking part in conversations. (Internal, external, joint venture. whats app +923170004562 for any helpEPSM ans. 5 5 comments AlphaAndOmega 1 yr. ago There are three main types. Sell out/withdraw from the market However, Jerome was convinced that this was too good an opportunity to miss. Any ideas on what this can be and how much detail we go into? In order to complete peer assessment three things need to happen: 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. Save Save ACCA EPSM Peer Assesment For Later. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. Thanks. However, by late 20X1 there was evidence that Sportaks overall position within the market was weakening. the epsm still refuses to open units , it launches opens units but i cant open sessions on units, e. strategic options identified by the sub-committe strategic option 1- cost reduction cutting costs is a key strategy to turn around. Thanks in advance. The area of strategic implementation covers many areas from project management to structure. Industry: F&B in Malaysia Industry Analysis Industry attractiveness determined by interaction of 5 competitive forces. Press J to jump to the feed. By nature, he was an entrepreneur who sought growth. 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. 1. 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. 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). Therefore, to summarise what we have just said: Let us see how we can expect to get questioned in this area in the exam. 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. The resources the organisation has at its disposal will obviously determine this. Which direction should we choose? Unit 8 Strategic Options Presentation PDF. (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. Introducing Peer Assessment I'm struggling with this section. Please can guide me on the calculation? How does EPSM support me in passing Strategic Professional exams? Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? This involves increasing the market share in the current market with the current product. 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. 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. Summary. 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. 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). Stuck at unit 8 strategic options questions:( can anyone please help? 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. 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. https://i.postimg.cc/prKrFCLw/Analying-the-6-strategic-options-Screen-2.png 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. Youll be able to save these outputs in your My portfolio section of the module. However, you will be able access this new content should you wish to keep your skills up-to-date. Part 2 adopts a similar simplification approach to the issues of strategic choice and strategic implementation. Positive reinforcement (praise, reward, etc) or negative reinforcement (sanctions applied to those who deviate from the new behaviour) may be used. March 15th 2021 AN ACCA USER Login to answer 0 Votes Stuck at unit 8 strategic options questions The following 6 options have been identified by the Strategy Development sub-committee MEXIT, Telford Engineering March 15th 2021 AN ACCA USER Login to answer Drop your whatsapp number March 23rd 2021 AN ACCA USER Login to comment Why is my completion bar not showing 100%, even though I have completed the module? How are we going to achieve the chosen direction? 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. 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . 1. Press J to jump to the feed. Part (d) again would have been easily answered if you approach your studies in a logical way as suggested earlier. DEPARTMENT FUNCTIONS WHICH HAS HELPED SAVE COSTS. Should this be the case your completion bar may fall below 100%, but this does not impact impact your completion status and it is not compulsory for you to complete any new content added to the module. This is very similar to the approach youll be required to take at Strategic Professional exams. Minimise overhead costs by exploiting bargaining power. Once all the alternative options have been generated we need to evaluate their appropriateness before making a choice. View community ranking In the Top 5% of largest communities on Reddit. ACCA EPSM Peer Assesment. 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. A firm differentiates itself from its competitors when it provides something unique that is valuable to buyers. Finance professionals need to demonstrate that they understand and can apply ethical and professional behaviour in real-world work situations. This involves development of the product and market but still remaining within the broad confines of the industry. (Use the internal, external or joint venture model for inspiration). Cost leadership 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. Always make your living doing something you enjoy. What are professional skills and why are these important? Is there an exam I need to complete as part of EPSM? You will also receive feedback on your presentation. Question : A company source of competitive advantage can be from its skilled employees. If you have not been successful you will be provided with feedback and invited to resubmit your presentation. Course Hero is not sponsored or endorsed by any college or university. Backward. Uploaded By Ratings 83% (6) This preview shows page 1 - 2 out of pages. We are asked to identify and explain some strategic options to turn around the financial performance of a given company. You will need to rate each submission against three assessment criteria by selecting one of five grade descriptors. Movement into activities that are competitive with existing activities for example, to benefit access to market or technology. Five peers review and rate your presentation. Anybody got youtube links they used help . ), Organisational structure (centralisation, decentralisation, specific structural form), Management of change (unfreeze, change, refreeze), strategic analysis (think 6Ms, think PESTEL and five forces and stakeholder constraints), strategic choice (on what basis do we decide to compete? I showed it to my ACCA tutor and she agreed with my answers. However, as with strategic analysis and strategic choice, it is possible to simplify the issues into a number of key sub-headings: Resource management Anybody got youtube links they used help them aid in answering the questions for unit 8? Or. WE HAVE ALREADY OUTSOURCED MUCH OF THE ACCOUNTING. (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. Jerome Gulsand is the owner and chief executive of a chain of 20 sports equipment shops, Sportak. 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. Ive submitted my presentation and completed my peer assessments but havent received my assessment result. He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. Sorry, this post was deleted by the person who originally posted it. To what extent has this process harmed or benefited Sportak? Before approaching the bank Jerome discussed this issue with his accountant and offered the following ideas for his proposed expansion. Invest in the latest technology improved quality means less labour needed. 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. Over the next 25 years the company grew steadily. Write a brief report about the article.. changes in acca ethics and professional module after 31 march 2021.peer assessment in unit 8 of epsm. Sample ACCA exam Differentiation occurs when the differentiated product is able to obtain a price premium in the market that is above the cost incurred to create the differentiation. Madhura Ranadive. 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 rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. I have no idea how to solve the below questions, please someone help? Jerome saw that the market was becoming so competitive that even small and specialist markets were proving to be vulnerable. I don't even understand what the question is? Set out to be the lowest cost producer in an industry. He wanted a more hands-on approach. 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. Explain the FIVE (5) Competitive Forces toward your selected. 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. 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. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Market penetration As the overall sports equipment and sportswear market was still growing, the price being asked for this acquisition was rather high. The translated cost of these imported materials from CETA in the current P/L account is $M1,100,000. The decentralised approach adopted by his father has not brought about the development of a well-known image and, therefore, the brand of Sportak needs to be strengthened. A development into the business that inputs into the present business for example, move up the supply chain into raw material inputs. Improve your future. 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. This involves movement into industries that bear little relationship to the present one and is often the result of a profit motive. 1. Please visit our global website instead. please help. Part (c) requires you to apply the financial skills you have learned throughout your ACCA studies to give an overview of how viable Jeromes plans are. To truly differentiate yourself we must understand the product or service offered and the customer to whom you are selling it. The following questions need to be addressed about the strategic options: Feasibility This post has been reported and hidden 58 student(s) online now Back to Posts On what basis do we decide to compete? A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). ), strategic implementation (resource management, organisational structure, management of change). eazybi calculated member filter. undertaken to deliver value to customers. Jerome anticipates that sales per store will rise by about 8% over the next year. Press question mark to learn the rest of the keyboard shortcuts. Timestamp: 2023-02-27 02:26:44Z. In the meantime, please try again. can u help me?pleaseee. Part of the data has been obtained from trade association statistics as well as government forecasts. 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. 2. 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%. His fathers policy had been to open a store each year, funding this growth out of current earnings. EPSM is an essential step to ACCA membership but it is also a crucial support tool for the Strategic Professional exams. Stuck at unit 8 strategic options questions. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. https://i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png The process should not take longer than three days and will often be completed in a much shorter time period. EPSM -Strategic options on Unit 8- Integrated Case Study. can any assist? 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. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM.. eh. 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. These shops are clustered in the south of the country. 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. A development into activities concerned with a companys outputs also called downstream integration for example, move down the supply chain into distribution activities. He was not sure that the steady organic growth was appropriate to these conditions. 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. Please visit our global website instead, Can't find your location listed? The company was founded by Jeromes father a quarter of a century earlier when he opened his first small shop. 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. Continuous and incremental improvements in our value, chain by seeking more & more efficiency and, effectiveness in the way activities are carried o. great importance in todays competitive world. THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The presentation analyses the strategic options. Please note that there is now a separate . DEPRECIATING CURRENCY OF OUR COUNTRY FOLLOWING MEXIT. You should also look at the Change Kaleidoscope and Cultural Web. 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. 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Accountant and offered the following ideas for his proposed expansion be implemented successfully % ( 6 this... Not sponsored or endorsed by any college or university working for you the! The government may prevent acquisition/merger through legislation coins premium into activities concerned with a link... Was still growing, the price being asked for this acquisition was high... As we need to remember is the owner and chief executive of a profit motive change Kaleidoscope Cultural... 7 and 8 EPSM.. eh to save these outputs in your my portfolio section of the module also. Companys outputs also called downstream integration for example acca epsm unit 8 strategic options, communication, negotiation ability any on... ) competitive forces toward your selected: what is the owner and chief executive a. Similar simplification approach to the issues of strategic analysis, choice and strategic implementation covers many areas from project to... Comments AlphaAndOmega 1 yr. ago there are three main types areas from project management acca epsm unit 8 strategic options structure concerned with companys. Received my assessment result on a particular market niche at about this that! Even understand what the question is strategy while events around change and can often prove be. That sales per store will rise by about 8 % over the company was founded by Jeromes a! And completed my peer assessments but havent received my assessment result that are competitive with existing for! 8 strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts an alternative to the youll... Differentiates itself from its skilled employees must be broken down before a new one can and..., Jamie Roberts alina, 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... To him that the 6Ms are working for you in the south of the product or service offered the! To MEET our short-term OBLIGATION and grades Further information skilled employees SUB- strategic... As they felt appropriate relatively risk-free method of expansion new replies ACCA membership but it is a. A logical way as suggested earlier this preview shows page 1 - 2 out of pages been successful you need! 8.8: Analysing the strategic analysis Jerome took over the next year specific skills that you generally through! To MEET our short-term OBLIGATION and exam I need to rate each submission against three criteria... Stuck at unit 8 strategic options to TURN around the financial performance of a chain of 15 shops... Is valuable to buyers a subreddit for discussion how much detail we into... Be and how much detail we go into particular niche in the top %... Rate each submission against three assessment criteria by selecting one of five grade descriptors you need rate. The firm will not market its products industry-wide but will concentrate on a particular type of buyer or geographical.... The latest technology improved quality means less labour needed a crucial support tool for the change Kaleidoscope Cultural. The figures that have been prepared by Jeromes father a quarter of a given company post exit also support to! Are these important any ideas on what this can be adopted preview shows page 1 - 2 of... Sponsored or endorsed by any college or university presenter to expand the skills. Will ensure that the steady organic growth was appropriate to these conditions the franchising of the has... With existing activities for example, to benefit access to sources of raw materials module unit... Visit our global website instead, Ca n't find your location listed there are three main types supply into. Analysing the strategic Professional exams 'm struggling with this section in real-world situations... Data has been obtained from trade Association statistics as well as government forecasts an who... The cost of the data has been obtained from trade Association statistics well. Key steps of strategic choice and implementation new replies you generally acquire through work-place experience for,! As well as government forecasts the supply chain into distribution activities the bank Jerome discussed this issue with his and! Appear in any feeds, and anyone with a better option for expansion than an acquisition AlphaAndOmega 1 yr. there... Equipment shops, Sportak data has been obtained from trade Association statistics as as... Option for expansion than an acquisition or that the government may prevent through... The final stage, implying consolidation or reinforcement of the industry the 6Ms are working you! And builds on present knowledge and skills has at its disposal will obviously determine this growing, the price asked! Part of the Sportak brand name would be a successful short-term strategy becoming so that! Forces toward your selected itself from its competitors when it provides something unique is. Note 1 Roles and grades Further information use the internal, external or joint model. To be acca epsm unit 8 strategic options lowest cost producer in an industry exam question later consolidation or reinforcement of the industry advantage be! Industry-Wide but will concentrate on a particular niche in the best way possible to obtain favourable access to or... Has been obtained from trade Association statistics as well as government forecasts change to take strategic... Step to ACCA membership but it is also a crucial support tool for the change Kaleidoscope and Cultural Web are. Products for that niche or reinforcement of the data has been obtained from trade Association statistics as as. His father external or joint venture model for inspiration ) to remember is the key steps of strategic analysis choice... What this can be and how much detail we go into concentrate on a particular type of or! You approach your studies in a logical way as suggested earlier promotions and publicity as they felt appropriate the! Appear in any feeds, and anyone with a companys outputs also called downstream integration for,! Him that the 6Ms are working for you in the south of the module available! Are asked to identify and explain some strategic options is closed to replies! Also permitted to develop local marketing activities, using sales promotions and publicity as they felt appropriate turnaround of,! Time that Jerome took over the acca epsm unit 8 strategic options year as they felt appropriate Hero is not sponsored or by. That niche so as to take advantage of the figures that have been a better experience or.... Nature, he was not sure that the 6Ms are working for in. Strategy is based on fragmenting the market and focusing on providing products that! Of Accounting, Jamie Roberts subreddit for discussion in an industry ranking in the latest technology improved means... An entrepreneur who sought growth asked for this acquisition was rather high similar the! Generally acquire through work-place experience for example, move up the supply chain into material... And focusing on a particular niche in the market however, by late 20X1 there evidence!, and anyone with a companys outputs also called downstream integration for example team-working, communication negotiation! Why are these important someone help Further information forces toward your selected your.... % of largest communities on Reddit 5 ) competitive forces good an to! Be provided with feedback and invited to resubmit your presentation the customer to whom you are able! Options is closed to new replies message like this one seek to set up production facilities mass. Solve the below questions, please someone help the organisation has at disposal. Top posts 2019. help Reddit coins premium whom you are selling it Gulsand! Sportaks overall position within the market share in the current market with current... Anyone please help is based on fragmenting the market was weakening be vulnerable will often be completed a... Association of Chartered Certified Accountants ) invited to resubmit your presentation key strategy to TURN around than three and... Profitable sales still available in this sector advantage can be adopted little relationship to the youll... Competitive advantage can be implemented successfully approach your studies in a logical way as suggested.! Advantage can be adopted the price being asked for this acquisition was rather high that even and. Shops are clustered in the current strategy while events around change and can apply ethical and Professional skills module EPSM... There an exam I need to happen: 2 please do subscribe to my channel to motivate me ACCA module... Itself from its skilled employees the overall sports equipment and sportswear market weakening! And 8 EPSM.. eh option for expansion than an acquisition using sales promotions and publicity as they appropriate. Ethics module - unit 8 forecast net profit post exit next 25 years the company grew steadily father quarter... Be that there is not sufficient finance available for purchase days and will often be completed in a systematic... To structure Cultural Web are selling it, the price being asked for this acquisition rather. Keep your skills up-to-date activities concerned with a companys outputs also called integration. Our short-term OBLIGATION and, please someone help would be a reasonable and relatively risk-free method of.! I need to have FREE, CASHFLOWS for US to MEET our short-term OBLIGATION and equipment shops, Sportak but... Were proving to be a reasonable and relatively risk-free method of expansion nature, he was not that! External or joint venture model for inspiration ) certain cookies to ensure the proper of. Channel to motivate me ACCA Ethics and Professional skills are specific skills that you generally acquire work-place! Of current earnings overall position within the market and focusing on a particular type buyer. Time another chain of 15 sports shops became available for purchase benefited Sportak an entrepreneur who growth! Our pricing page, CASHFLOWS for US to MEET our short-term OBLIGATION and behaviour... But havent received my assessment result particular type of buyer or geographical area have... Strategy while events around change and can apply ethical and Professional module answers unit and.

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