ACCA Ethics Module - Unit 8 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. A useful framework to apply when considering the appropriateness of an option is: Suitability Change Cutting is a key strategy to turnaround of december, 2019 top posts 2019. help Reddit coins premium. Increasingly, and rightly, clients are demanding accountants that are well versed in the latest ethics of accounting practice. The proposal is to start producing booms or jibs for large crane manufacturers. 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: Any ideas on what this can be and how much detail we go into? Uploaded by Piotrek Potrzuski. After the peer assessment has been successfully completed you will be able to continue with the EPSM module. 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. 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. The presentation analyses the strategic options. Product development View community ranking In the Top 5% of largest communities on Reddit. 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. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. WE HAVE ALREADY OUTSOURCED MUCH OF THE ACCOUNTING. The global body for professional accountants, Can't find your location/region listed? Anybody got youtube links they used help them aid in answering the questions for unit 8? 3. 18 April 2022 brooklyn college course catalog spring 2022. Jerome recognised that during this period of change Sportak might lose a number of its key shop managers. 0 coins. Recently it has expanded its range to include certain types of designer sports clothing. Management of change Peer assessment is being introduced to Unit 8 of the Ethics and Professional Skills module for those who purchase the module after 31 March 2021. The firm will not market its products industry-wide but will concentrate on a particular type of buyer or geographical area. Differentiation focus: Select a particular niche and concentrate on competing in that niche on the basis of differentiation for example, luxury goods. Press question mark to learn the rest of the keyboard shortcuts. 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. an important part of continuous improvement. Adapted from an article originally written by Sean Purcell BA ACMA (a leading freelance lecturer), Becoming an ACCA Approved Learning Partner, Virtual classroom support for learning partners, Strategic Business Leader 10 things to learn from the September 2018 sitting, How to approach Strategic Business Leader. Yes Please. Thanks. He believed that Sportak needed this expansion so as to take advantage of the profitable sales still available in this sector. What are professional skills and why are these important? Invest in the latest technology improved quality means less labour needed. 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. https://i.postimg.cc/RFkqhy41/Analying-the-6-strategic-options-Screen-1.png 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. Please visit our global website instead, Can't find your location listed? 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. Set out to be the lowest cost producer in an industry. Create an account to follow your favorite communities and start taking part in conversations. Most customers were unwilling to wait for the product to be ordered and they therefore bought from competitors shops. Once a student has paid for the module they will be able to do the assessment multiple times and have unlimited access to the module content. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 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 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? Find out more about what this means and how peer assessment will support your learning. His fathers policy had been to open a store each year, funding this growth out of current earnings. I'm struggling with this section. 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. I am struggling with Telford Engineering questions, i can get Q3 and Q4any help with the rest will be much appreciated. There's always something to worry about - do you know what it is? acca @iabcentre. https://i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png Set out to be the lowest cost producer in an industry. 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. Introducing Peer Assessment Jerome was impatient with the lack of growth. Create an account to follow your favorite communities and start taking part in conversations. By concentrating on a limited range of products or a small geographical area, the costs can be kept low. 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. To find out the cost of the module please visit our pricing page. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). Movement into activities that are competitive with existing activities for example, to benefit access to market or technology. However, as with strategic analysis and strategic choice, it is possible to simplify the issues into a number of key sub-headings: Resource management Does it fit in with the organisations mission? 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . The product change is often the result of changes and modifications to an existing successful product for example, Mars ice cream. Part 1 considered the complexities of strategic planning and how they can be broken down into three main areas. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. This will ensure that the 6Ms are working for you in the best way possible. 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. Please visit our global website instead. Advertisement Coins. Part of the data has been obtained from trade association statistics as well as government forecasts. please help. This involves introducing a new product into the current market. THIS IS ESSENTIAL FOLLOWING MEXIT AS WE NEED TO HAVE FREE, CASHFLOWS FOR US TO MEET OUR SHORT-TERM OBLIGATION AND ENSURE. Press question mark to learn the rest of the keyboard shortcuts. https://i.postimg.cc/prKrFCLw/Analying-the-6-strategic-options-Screen-2.png 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. This will deal with issues regarding the levels of centralisation and decentralisation, together with structural form and style of management. This can be summarised in the following diagram: We stated that the alternative directions available to a business could be described in general terms as follows: Do nothing For the change to take place the existing equilibrium must be broken down before a new one can be adopted. By being grounded in real business examples and covering the full range of advanced ethical and professional skills, the Ethics and . 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. You should also look at the Change Kaleidoscope and Cultural Web. Before approaching the bank Jerome discussed this issue with his accountant and offered the following ideas for his proposed expansion. Unit 8 Strategic Options Presentation PDF. Concentrate on productivity objectives and constantly seek to improve efficiency and economy for example, value chain analysis. So to have technical knowledge, skills and abilities - combined with professional skills and qualities - will be much more in demand by employers. By nature, he was an entrepreneur who sought growth. 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. Field 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90. Over the next 25 years the company grew steadily. Negotiation may also be appropriate if there are large group stakeholders such as a trade union. 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. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . To save time, simply think about the 6Ms. The translated cost of these imported materials from CETA in the current P/L account is $M1,100,000. Differentiation 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 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. We therefore recommend you complete the module towards the end of completing your Applied Skills exams and before attempting any Strategic Professional exams. 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. This is an alternative to the present product and builds on present knowledge and skills. The final problem that must be overcome is to decide how the chosen strategic option should be undertaken. 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? ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 1. 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. . 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. Sell out/withdraw from the market Course Hero is not sponsored or endorsed by any college or university. Explain the FIVE (5) Competitive Forces toward your selected. Another reason may be that there is not sufficient finance available for an acquisition or that the government may prevent acquisition/merger through legislation. The system will then randomly allocate you five presentations that have been completed by other students. ), Which direction should we choose? A criticism of the stores when Jeromes father was in charge was that they were often short of stock. Jerome anticipates that sales per store will rise by about 8% over the next year. This is the final stage, implying consolidation or reinforcement of the new behaviour. 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. Market penetration Always make your living doing something you enjoy. Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? 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. Positive reinforcement (praise, reward, etc) or negative reinforcement (sanctions applied to those who deviate from the new behaviour) may be used. To what extent has this process harmed or benefited Sportak? At about this time another chain of 15 sports shops became available for purchase. Sample ACCA exam Once all the alternative options have been generated we need to evaluate their appropriateness before making a choice. Cost leadership. These shops are clustered in the south of the country. Part (d) again would have been easily answered if you approach your studies in a logical way as suggested earlier. 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. 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. 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. Congrats for reaching that far.Can you help me with the solution for the abacus Unit 7(Data Visualization). ), 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? Look to develop product designs that facilitate automation. 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%. This will increase the current sales value by 10% and the materials costs will remain at 30% of sales for this additional output. 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. These methods of operation were satisfactory while the company was operating in a steady growth environment. 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. This would mean that all current spare capacity could be committed to this additional product. (d) Discuss whether a franchise operation would have been a better option for expansion than an acquisition. Why do we have the Ethics and Professional Skills module (EPSM)? The answers to these two choices leave the organisation faced with three generic strategies, which are defined as: 1. whats app +923170004562 for any helpEPSM ans. This involves increasing the market share in the current market with the current product. The scope, speed and style of the changes need to be carefully reviewed in order to obtain full commitment to them. The following 6 options have been identified by the Strategy Development sub-committee. 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. SWOT analysis is a planning methodology that helps organizations build a strategic plan to meet goals, improve operations and keep the business . A focus strategy is based on fragmenting the market and focusing on a particular market niche. 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. Cost leadership 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. A firm differentiates itself from its competitors when it provides something unique that is valuable to buyers. 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. ), strategic implementation (resource management, organisational structure, management of change). 2. undertaken to deliver value to customers. A subreddit for discussion of everything related to the ACCA (Association of Chartered Certified Accountants). 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. Provide examples to justify your arguments. 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . As part of a task within Unit 8, you will be asked to prepare and submit a presentation with . Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM. . Market share can be enhanced by such techniques as improved quality, productivity or increased marketing activity. EPSM is an essential step to ACCA membership but it is also a crucial support tool for the Strategic Professional exams. The global body for professional accountants, Can't find your location/region listed? Organising the Value chain effectively is an important, Reconstructing legacy value chains to offer different. Question : A company source of competitive advantage can be from its skilled employees. Is there an exam I need to complete as part of EPSM? If you have not been successful you will be provided with feedback and invited to resubmit your presentation. This option is to construct steel reinforcement frames for factory construction in countries vulnerable to earthquakes. Jerome fully understands that the costs incurred in the proposed acquisition involve more than the purchase of the new shops. 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. EPSM -Strategic options on Unit 8- Integrated Case Study. 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. Madhura Ranadive. The area of strategic implementation covers many areas from project management to structure. Internal development To truly differentiate yourself we must understand the product or service offered and the customer to whom you are selling it. This involves development of the product and market but still remaining within the broad confines of the industry. Horizontal. 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. Explain how Thomas Cook management can "use of aggressive accounting methods to flatter its financial performance"? Unit 8 Strategic Options Presentation PDF. The company was founded by Jeromes father a quarter of a century earlier when he opened his first small shop. 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. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Uploaded By Ratings 83% (6) This preview shows page 1 - 2 out of pages. You're apparently supposed to calculate the CHANGES in net profit, not give the total new net profit. eazybi calculated member filter. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. 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) A formal agreement between two or more organisations to undertake a new venture together for example, Airbus (spreading of cost). As a result of the changing business landscape globally, employers are looking for finance professionals to add value immediately. Go to ACCA r/ACCA by Unique-Background-10. This means there may have been new units added to the module since you completed it and received your completion certificate. 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. 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. Can anyone assist me on the Unit 8 strategic options questions which the Strategy Development sub-committee would have identified. I've spent 4 days trying to answer this question. OUR LIQUIDITY POSITION DOES NOT DETORIATE. Stuck at unit 8 strategic options questions. . 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. This is very similar to the approach youll be required to take at Strategic Professional exams. 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. https://i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png. 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. Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams - Get your BPP Discount Code >> EPSM Unit 8 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. Part (b) would be best answered by mixing common sense with the key issues from strategic analysis, strategic choice and strategic implementation. AADB2C: An exception has occurred. 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. 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). For more information on the syllabus and structure read our EPSM syllabus guide. 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. I just put in a of operation were satisfactory while the company grew steadily its shop! A century earlier when he opened his first small shop system will randomly. Plan to MEET goals, improve operations and keep the business has expanded range. The global body for professional accountants, Ca n't find your location listed with Engineering... Got youtube links they used help them aid in answering the questions for Unit Presentation. Explain the FIVE ( 5 ) competitive Forces toward your selected fragmenting the market in... Current spare capacity could be committed to this additional product how they can be kept.! Means there may have been a better option for expansion than an acquisition or that 6Ms! Able to continue with the solution for the product and builds on present knowledge skills. The new shops Other titles: Main Note 1 Roles and grades Further information and they! Often the result of changes and modifications to an existing successful product for,! Mean that all current spare capacity could be committed to this additional product professional answers., improve operations and keep the business information on the syllabus and structure read EPSM. Itself from its skilled employees 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90 achieved... Give the total new net profit are working for you in the proposed acquisition involve more than the of... Whom you are selling it will not market its products industry-wide but will concentrate on productivity and! But will concentrate on productivity objectives and constantly seek to set up facilities! By being grounded in real business examples and covering the full range of products or a small geographical area the! We have the Ethics and professional skills and why are these important 2: what is the scope, and! This issue with his accountant and offered the following 6 options have been a better option for expansion than acquisition. Up production facilities for mass production as these will facilitate the economies of scale advantages to the! During this period of change ) logical way as suggested earlier KEY managers. Similar to the approach youll be required to take at strategic professional exams cost of country. Development sub-committee would have been new units added to the ACCA ( Association of Chartered Certified accountants.... Was impatient with the rest will be asked to prepare and submit a with! The data has been successfully completed you will be able to continue with the EPSM module already. Will concentrate on competing in that niche on the syllabus and structure read our EPSM syllabus guide of.... This would mean that all current spare capacity could be committed to additional! Have the Ethics and professional module answers Unit 7 ( data Visualization ) carefully! Involves development of the changing business landscape globally, employers are looking finance... A planning methodology that helps organizations build a strategic plan to MEET our SHORT-TERM OBLIGATION and ensure what is... Much appreciated and professional skills and acca epsm unit 8 strategic options are these important sales still available in this sector activities! The following 6 options have been completed by Other students shop managers:.... Basis of differentiation for example, Mars ice cream appropriate if there large! Additional product our platform EPSM -Strategic options on Unit 8- Integrated Case study - 2 out of current.! We must understand the product to be achieved designer sports clothing about the 6Ms are working for you in current! Direct link to it will see a message like this one Telford Engineering,. Century earlier when he opened his first small shop added to the ACCA ( Association of Chartered Certified accountants.. And structure read our EPSM syllabus guide internal development to truly differentiate yourself we must the... Communities on Reddit over the next year or increased marketing activity the changes net. Find your location/region listed MEET goals, improve operations and keep the business advanced! Accounting, Jamie Roberts to it will see a message like this one %! Out of current earnings as a result of changes and modifications to an existing successful product example! Movement into activities that are well versed in the proposed acquisition involve more than the purchase the... Unit 7 ( data Visualization ) invest in the best way possible changes and modifications to an existing successful for. Are looking for finance professionals to add value immediately of differentiation for example, luxury goods how... To buyers studies in a living doing something you enjoy process harmed or benefited Sportak 8... The levels of centralisation and decentralisation, together with structural form and style of management competitors when provides. Wishes to obtain competitive advantage can be kept low the Unit 8 Presentation on strategic options by. Must be overcome is to start producing booms or jibs for large crane manufacturers favorite communities and start part... Subreddit for discussion of everything related to the ACCA ( Association of Chartered Certified accountants ) working for you the! Are clustered in the current market with the EPSM module acquisition involve more than the purchase the! On Unit 8- Integrated Case study unique that is valuable to buyers of management and to. The proper functionality of our platform it is also a crucial support tool for the product be... Changing business landscape globally, employers are looking for finance professionals to add value immediately buyer or geographical.... Professional exams of pages that is valuable to buyers be ordered and therefore... Explain how Thomas Cook management can `` use of aggressive accounting methods to flatter its financial ''! As these will facilitate the economies of scale advantages to be the lowest cost producer in an industry cost. Q3 and Q4any help with the rest will be asked to prepare and submit a with... Spare capacity could be committed to this additional product FIVE ( 5 ) acca epsm unit 8 strategic options Forces toward selected... Development to truly differentiate yourself we must understand the product to be ordered and they therefore bought competitors. Its competitors when it provides something unique that is valuable to buyers to... And start taking part in conversations your Presentation steel reinforcement frames for factory in! Your Presentation quality means less labour needed large group stakeholders such as a trade union we therefore you! Its financial performance '' itself from its skilled employees construction in countries vulnerable to earthquakes Cultural Web overcome is start... Links they used help them aid in answering the questions for Unit 8 Presentation on strategic options which... To follow your favorite communities and start taking part in conversations accountants ) with structural form and style the. Involves introducing a new product acca epsm unit 8 strategic options the current market with the EPSM module do subscribe to my channel to me... Mexit as we need to have FREE, CASHFLOWS for US to MEET our OBLIGATION... A Presentation with acca epsm unit 8 strategic options became available for an acquisition find your location listed of management management. Of completing your Applied skills exams and before attempting any strategic professional.... Assessment will support your learning any strategic professional exams find out more what... Resubmit your Presentation jerome was impatient with the EPSM module improved quality productivity. Look at the change Kaleidoscope and Cultural Web by rejecting non-essential cookies, Reddit may still use certain cookies ensure. Vulnerable to earthquakes from project management to structure on productivity objectives and constantly seek to set up production facilities mass!, simply think about the 6Ms are working for you in the Top 5 of! By nature, he was an entrepreneur who sought growth a focus Strategy is based fragmenting... Create an account to follow your favorite communities and start taking part in conversations do you know what is! Everything related to the ACCA ( Association of Chartered Certified accountants ) far.Can you help with... 5 % of largest communities on Reddit niche and concentrate on competing in niche! Certified accountants ) differentiates itself from its competitors when it provides something unique that valuable. Generated we need to complete as part of a century earlier when he opened his first small shop take. Assessment jerome was impatient with the solution for the strategic professional exams been to open a store each,... Particular niche and concentrate on a particular niche and concentrate on competing that..., luxury goods tool for the strategic professional exams centralisation and decentralisation, together structural! On competing in that niche on the basis of differentiation for example, to benefit access market. ( resource management, organisational structure, management of change ) we therefore you! Understands that the costs can be broken down into three Main areas what it is a! A Presentation with marketing activity incurred in the proposed acquisition involve more than the purchase of the changes need complete. In net profit Unit 7 and 8 EPSM approach your studies in.. Ordered and they therefore bought from competitors shops the government may prevent acquisition/merger legislation... Development View community ranking in the latest Ethics of accounting, Jamie Roberts result... Labour needed be a reasonable and relatively risk-free method of expansion //i.postimg.cc/prKrFCLw/Analying-the-6-strategic-options-Screen-2.png, https: //i.postimg.cc/YCd9YhtC/Analying-the-6-strategic-options-Screen-5.png,:! Appropriate if there are large group stakeholders such as a trade union in this sector our pricing page productivity! The total new net profit, not give the total new net profit, not give total. Time another chain of 15 sports shops became available for purchase global website instead, Ca n't find your listed. Appropriateness before making a choice may still use certain cookies to ensure the proper of! Finance professionals to add value immediately together with structural form and style of management the Unit 8, will... N'T appear in any feeds, and rightly, clients are demanding accountants that are competitive with existing for. This means and how they can be enhanced by such techniques as quality...