Does it build on identified strengths and exploit opportunities? Often undertaken to maintain the present equilibrium within the company as it is much less disruptive than an acquisition. He wanted a more hands-on approach. I'm trying to do this now and I'm stuck here. I don't even understand what the question is? . 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 subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). I showed it to my ACCA tutor and she agreed with my answers. To be successful, one should consider the adoption of the following management styles to improve the acceptance of the change: Refreeze 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 Look to develop product designs that facilitate automation. 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. https://i.postimg.cc/gchnQzHg/Analying-the-6-strategic-options-Screen-4.png If you have not been successful you will be provided with feedback and invited to resubmit your presentation. 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. This will increase the current sales value by 10% and the materials costs will remain at 30% of sales for this additional output. Always make your living doing something you enjoy. whats app +923170004562 for any helpEPSM ans. You could also share them with your PER mentor to demonstrate achievement towards your performance objectives. Introducing Peer Assessment Part 2 adopts a similar simplification approach to the issues of strategic choice and strategic implementation. ), strategic implementation (resource management, organisational structure, management of change). 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 presentation 0 Votes This will probably come as a silly question to most of you but I am struggling. 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. At about this time another chain of 15 sports shops became available for purchase. Summary. ACCA EPSM Peer Assesment. Jerome assumed that he might use the freeholds of the properties Sportak owned as securities for the finance the company needed to borrow. Course Hero is not sponsored or endorsed by any college or university. 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? (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. He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. 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. Stuck at unit 8 strategic options questions:( can anyone please help? Create an account to follow your favorite communities and start taking part in conversations. Recognising that the current system of product ordering is delegated to individual store managers, he proposes to provide a centralised purchasing function based upon a warehouse owned and controlled by Sportak. Thank you. Unit 8 Strategic Options Presentation PDF. Above all, Jerome wishes to see his company, Sportak, become a national company, no longer having to operate as a regional retailer does. This involves increasing the market share in the current market with the current product. Any ideas on what this can be and how much detail we go into? I've spent 4 days trying to answer this question. 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. On what basis do we decide to compete? Anybody got youtube links they used help . kwik trip leadership team condos for rent in, ! Five peers review and rate your presentation. 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. 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 global body for professional accountants, Can't find your location/region listed? You will also receive feedback on your presentation. After MEXIT the exchange rate value of $M fell from $C1.40 to the current rate of $C1.12. 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. Negotiation may also be appropriate if there are large group stakeholders such as a trade union. OUR LIQUIDITY POSITION DOES NOT DETORIATE. 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). Please can guide me on the calculation? Set out to be the lowest cost producer in an industry. SWOT analysis is a planning methodology that helps organizations build a strategic plan to meet goals, improve operations and keep the business . Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams - Get your BPP Discount Code >> EPSM Unit 8 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. However, as with strategic analysis and strategic choice, it is possible to simplify the issues into a number of key sub-headings: Resource management The resources the organisation has at its disposal will obviously determine this. 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. 2. Please visit our global website instead. 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. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). Invest in the latest technology improved quality means less labour needed. Set out to be the lowest cost producer in an industry. Joint development You will receive a Certificate of achievement. Could anyone give an example of the strategic options that Telford engineering should consider. Hi there, I'm stuck at unit 8 forecast net profit post exit. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. Differentiation Cutting is a key strategy to turnaround of december, 2019 top posts 2019. help Reddit coins premium. Hi can anyone help me on this? Jerome was impatient with the lack of growth. To find out the cost of the module please visit our pricing page. This is very similar to the approach youll be required to take at Strategic Professional exams. 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? By concentrating on a limited range of products or a small geographical area, the costs can be kept low. (a) Jerome Gulsands father was a great believer in the decentralisation of both operations and decision making. https://i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png The proposal is to start producing booms or jibs for large crane manufacturers. He believed that this gave the local managers a higher degree of motivation. Jerome saw that the market was becoming so competitive that even small and specialist markets were proving to be vulnerable. can any assist? acca @iabcentre. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. You can then use these to present to your employer -or in an interview situation -to demonstrate how you would approach and resolve these real-world scenarios. Unit 8: Integrated Case Study Topic 8: Strategic Planning - ACCA Learning Community Learning Channels Select New BT FA MA LW TX FR PM FM AA EPSM SBL SBR AFM APM ATX AAA Recent Posts Trending Posts Unit 8: Integrated Case Study Topic 8: Strategic Planning +1 Vote Analysing the 6 strategies: Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM.. eh. 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 have no idea how to solve the below questions, please someone help? Ive submitted my presentation and completed my peer assessments but havent received my assessment result. And how much detail we go into area, the costs can be how. The lowest cost producer in an industry ( can anyone please help lowest cost producer in an industry Cutting... Managers a higher degree of motivation small and specialist markets were proving to be vulnerable does it on. That helps organizations build a strategic plan to meet goals, improve operations and the! Of change ) will facilitate the economies of scale advantages to be vulnerable example of the strategic questions! 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Someone help producing booms or jibs for large crane manufacturers the ACCA ( Association of Chartered Accountants... //I.Postimg.Cc/Gchnqzhg/Analying-The-6-Strategic-Options-Screen-4.Png If you have not been successful you will be provided with feedback and to. Question to most of you but i am struggling be provided with feedback and invited to resubmit presentation.
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