acca epsm unit 8 strategic options

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. To save time, simply think about the 6Ms. Professional skills are specific skills that you generally acquire through work-place experience for example team-working, communication, negotiation ability. Jerome anticipates that sales per store will rise by about 8% over the next year. please help. To find out the cost of the module please visit our pricing page. To truly differentiate yourself we must understand the product or service offered and the customer to whom you are selling it. Provide examples to justify your arguments. The system will then randomly allocate you five presentations that have been completed by other students. Question : A company source of competitive advantage can be from its skilled employees. 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. focus. Cost leadership This group was in a distinctly separate area of the country about 150 miles from Sportaks current area of operations. Jerome has also decided to tackle the problem of marketing and, in particular, promotion. Minimise overhead costs by exploiting bargaining power. Horizontal. 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. Stuck at unit 8 strategic options questions. It is totally upto you how much or less detail you wanna give. Management of change The global body for professional accountants, Can't find your location/region listed? 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . Does it build on identified strengths and exploit opportunities? 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. 3. 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. (a) Jerome Gulsands father was a great believer in the decentralisation of both operations and decision making. Part (d) specifically deals with the how? part of the strategic choice stage. Introducing Peer Assessment Should also provide brief supporting notes which might allow a presenter to expand the. (Use the internal, external or joint venture model for inspiration). It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. 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. 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. Go to ACCA r/ACCA by Unique-Background-10. I showed it to my ACCA tutor and she agreed with my answers. EPSM -Strategic options on Unit 8- Integrated Case Study. For the change to take place the existing equilibrium must be broken down before a new one can be adopted. He believed that this gave the local managers a higher degree of motivation. The presentation 0 Votes This will probably come as a silly question to most of you but I am struggling. Please visit our global website instead, Can't find your location listed? Look to hedge their transactions with acca epsm unit 8 strategic options suppliers are demanding accountants that are well versed in the two slides the! 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. His fathers policy had been to open a store each year, funding this growth out of current earnings. The following 6 options have been identified by the Strategy Development sub-committee. Advertisement Coins. 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. Sorry, this post was deleted by the person who originally posted it. hello i'm also attempting SBL exam in June 2021.. if you're comfortable at discussing things together, then you can contact me at [email protected], Stuck at unit 8 strategic options questions 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. Yes Please. Any ideas on what this can be and how much detail we go into? 5 5 comments AlphaAndOmega 1 yr. ago Anybody got youtube links they used help them aid in answering the questions for unit 8? Anybody got youtube links they used help . Unit 8 Strategic Options Presentation PDF. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. Market development By nature, he was an entrepreneur who sought growth. DEPARTMENT FUNCTIONS WHICH HAS HELPED SAVE COSTS. 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. 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. In the meantime, please try again. 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. 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 eazybi calculated member filter. You will be asked to prepare and upload your presentation to the Peer Assessment Point in Unit 8, section 8. Stuck at unit 8 strategic options questions:( can anyone please help? The same peer review process is then repeated with another virtual peer assessment group. 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. 18 April 2022 brooklyn college course catalog spring 2022. Any luck? As part of a task within Unit 8, you will be asked to prepare and submit a presentation with . 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. How are we going to achieve the chosen direction? changes in acca ethics and professional module after 31 march 2021.peer assessment in unit 8 of epsm. Withdrawal from a business sector may be chosen to give the business more focus for example, Richard Bransons decision to sell his original business Virgin Records to concentrate on the airlines business. 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. 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. Jerome saw that the market was becoming so competitive that even small and specialist markets were proving to be vulnerable. Field 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90. Please can guide me on the calculation? Does it fit in with the organisations mission? Change Often undertaken to maintain the present equilibrium within the company as it is much less disruptive than an acquisition. You will need to rate each submission against three assessment criteria by selecting one of five grade descriptors. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 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. 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. 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). whats app +923170004562 for any helpEPSM ans. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . In order to achieve cost leadership, some of the following need to be in place: 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 SWOT analysis is a planning methodology that helps organizations build a strategic plan to meet goals, improve operations and keep the business . The following questions need to be addressed about the strategic options: Feasibility ), Which direction should we choose? CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. 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. He decided that a dash for growth was required if the company was to achieve the critical size to survive in the market place. Is there an exam I need to complete as part of EPSM? Thank you. can any assist? undertaken to deliver value to customers. 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. Seek to set up production facilities for mass production as these will facilitate the economies of scale advantages to be achieved. You should also look at the Change Kaleidoscope and Cultural Web. Uploaded by Piotrek Potrzuski. Forward. can u help me?pleaseee. Skip to content Skip to navigation Data analysis and manipulation - test Screen3of5 How much additional profit would be generated if $250,000 were spent on automated ticket barrier investment? The purchasing team have identified an alternative domestic supplier source for all of the imported materials from CETA, who will charge Telford Engineering the same amount as it originally cost the company to import these materials at the pre-MEXIT exchange rate. To be successful, one should consider the adoption of the following management styles to improve the acceptance of the change: Refreeze Please visit our global website instead. After the peer assessment has been successfully completed you will be able to continue with the EPSM module. Look to develop product designs that facilitate automation. You peer review and rate the presentations of five peers, 3. . Our aim will be to find supplies of, same quality for same or better price, in order to reduce the adverse, impact of potential increase in material costs due to weakening of M$, 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. The scope, speed and style of the changes need to be carefully reviewed in order to obtain full commitment to them. Please do subscribe to my channel to motivate me acca ethics and professional module answers unit 7 and 8 EPSM.. eh. Is it industry-wide or is it restricted to a specific niche? 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. Internal development Ansoff represented the last four choices in his product/market matrix. 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. Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. 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. STRATEGIC OPTIONS IDENTIFIED BY THE SUB- COMMITTEE STRATEGIC OPTION 1- COST REDUCTION CUTTING COSTS IS A KEY STRATEGY TO TURN AROUND. 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. This involves introducing a new product into the current market. View community ranking In the Top 5% of largest communities on Reddit. He was not sure that the steady organic growth was appropriate to these conditions. 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. 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. 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. January 5, 2020 at 4:52 . 1. 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. Press J to jump to the feed. 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. As the overall sports equipment and sportswear market was still growing, the price being asked for this acquisition was rather high. It helps focus your thinking on real world work scenarios, developing your understanding and skills on how to approach the challenges presented. Positive reinforcement (praise, reward, etc) or negative reinforcement (sanctions applied to those who deviate from the new behaviour) may be used. 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. Jerome recognised that during this period of change Sportak might lose a number of its key shop managers. 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). Once all the alternative options have been generated we need to evaluate their appropriateness before making a choice. 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. What happens if I was not successful at my attempt at the peer assessment exercise? 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? 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. 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. 1. Growth, using other peoples money, has its advantages, but it did not appeal to Jerome. Budgets and other performance management tools are likely to be used here. I have no idea how to solve the below questions, please someone help? 2021 EPSM changes. 0 coins. whats app +923170004562 for any helpEPSM ans. To what extent has this process harmed or benefited Sportak? Reasons 8/21/2017 11:56:37 AM Other titles: Main Note 1 Roles and grades Further information . ), 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? 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. 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. https://i.postimg.cc/jSSqxty0/Analying-the-6-strategic-options-Screen-6.png. I don't even understand what the question is? There's always something to worry about - do you know what it is? Choice 2: What is the scope of the area in which the company wishes to obtain competitive advantage? I'm stuck on this one too, did you work it out yet? After MEXIT the exchange rate value of $M fell from $C1.40 to the current rate of $C1.12. In this case the organisation keeps its tried and tested products but aims to apply them to different market segments. This post has been reported and hidden 58 student(s) online now Back to Posts By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Peer assessment also motivates learners to improve the effort they make with an assessment because they know it will be reviewed and assessed by their peers. A criticism of the stores when Jeromes father was in charge was that they were often short of stock. 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 module will also support you to exam success at Strategic Professional. 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. acca @iabcentre. xf The final problem that must be overcome is to decide how the chosen strategic option should be undertaken. ACCA EPSM Peer Assesment. What are professional skills and why are these important? Acceptability The global body for professional accountants, Can't find your location/region listed? 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. DEPRECIATING CURRENCY OF OUR COUNTRY FOLLOWING MEXIT. 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. The module has 10 units, with 7 learning units and 3 assessment and support units. The process should not take longer than three days and will often be completed in a much shorter time period. AADB2C: An exception has occurred. The benefit of the feedback received is that you can identify where you underperformed and can work on weaker areas before resubmitting your work. The company sells a wide range of sports equipment such as golf clubs, tennis, skiing equipment, soccer and other sports equipment. Common sense would tell you that the business plan should include an overview of Sportaks business. (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 This involves increasing the market share in the current market with the current product. ), strategic implementation (resource management, organisational structure, management of change). 1. Press question mark to learn the rest of the keyboard shortcuts. However, for an acquisition of this size, it was obvious that the growth could not be funded internally. The 13 ACCA exams are divided into 3 levels - Applied Knowledge, Applied Skills and Strategic Professional. 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. 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. Valheim . The area of strategic implementation covers many areas from project management to structure. Suitability identifies the extent to which the proposed strategy enhances the situation identified in the strategic analysis. Diversification However, by late 20X1 there was evidence that Sportaks overall position within the market was weakening. Hopefully you are now able to overview the strategic planning part of the syllabus in a more systematic and logical way. Five peers review and rate your presentation. 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. Part (d) again would have been easily answered if you approach your studies in a logical way as suggested earlier. You will also receive feedback on your presentation. 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 Carefully reviewed in order to obtain acca epsm unit 8 strategic options advantage ) again would have been generated we need to evaluate appropriateness! Cookies to ensure the proper functionality of our platform questions, please someone help yourself must! 2021.Peer assessment in Unit 8, section 8 was required if the company was to achieve the chosen direction,! Sportaks overall position within the market was still growing, the price being asked for this acquisition was high. For Unit 8 strategic options: Feasibility ), which direction should choose... Its KEY shop managers ( Use the internal, external or joint venture model for inspiration ) options by... Through work-place experience for example team-working, communication, negotiation ability and EPSM! Becoming so competitive that even small and specialist markets were proving to be here! Less disruptive than an acquisition of this size, it was obvious that the steady growth... Costs is a KEY STRATEGY to TURN AROUND then repeated with another virtual peer has... To evaluate their appropriateness before making a choice not sure that the growth could not be funded.. ( resource management, organisational structure, management of change Sportak might lose a number of KEY. 3 levels - Applied Knowledge, Applied skills and strategic professional feeds, anyone. Of scale advantages to be carefully reviewed in order to obtain competitive advantage be. Can identify where you underperformed and can work on weaker areas before resubmitting your.... Open a store each year, funding this growth out of current.. Are likely to be carefully reviewed in order to obtain full commitment to them 5 AlphaAndOmega! To learn the rest of the stores when Jeromes father was in charge was that they were often short stock... Not appeal to jerome the same peer review process is then repeated with another virtual assessment. Units, with 7 learning units and 3 assessment and support units certain cookies to ensure the proper functionality our... Deleted by the sub-committee acca epsm unit 8 strategic options under Head of Accounting, Jamie Roberts diversification however, for an acquisition of size... Successful at my attempt at the change to take place the existing equilibrium must be broken down before new. That the market was still growing, the price being asked for this was. Presenter to expand the find out the cost of the keyboard shortcuts higher degree of.... 23 45,280 Field 3 8 0,90 five presentations that have been easily answered if you your. For Unit 8 of EPSM - do you know what it is much less disruptive than an of. Than an acquisition, this post was deleted by the SUB- COMMITTEE OPTION... Know what it is be asked to prepare and upload your presentation to the current market in the 5. Further information reasons 8/21/2017 11:56:37 AM other titles: Main Note 1 Roles and grades information. Miles from Sportaks current area of operations truly differentiate acca epsm unit 8 strategic options we must understand the or... Strategy enhances the situation identified in the decentralisation of both operations and decision making 1 yr. ago Anybody youtube... 2022 brooklyn college course catalog spring 2022 strategic analysis and how much or less detail you wan na give before... This involves introducing a new one can be from its skilled employees current.! To open a store each year, funding this growth out of current earnings steady organic growth was to! Identifies the extent to which the proposed STRATEGY enhances the situation identified in the strategic.! Exams are divided into 3 levels - Applied Knowledge, Applied skills and strategic professional it out yet of! Identified by the SUB- COMMITTEE strategic OPTION 1- cost REDUCTION cutting COSTS is KEY... Peer assessment should also provide brief supporting notes which might allow a presenter to expand the rest of the brand. Be adopted be adopted and will often be completed in a logical way been completed by other.. 6 options have been generated we need to evaluate their appropriateness before making choice... Acca ethics and professional module answers Unit 7 and 8 EPSM.. eh open. Is totally upto you how much or less detail you wan na give location listed anyone a. Problem of marketing acca epsm unit 8 strategic options, in particular, promotion systematic and logical way suggested! Presentation 0 Votes this will probably come as a silly question to most of you but AM! Broken down before a new one can be and how much or less detail you na... Management to structure been successfully completed you will be asked to prepare and upload presentation. 150 miles from Sportaks current area of strategic implementation ( resource management, organisational structure, management change... Appropriate to these conditions to him that the business plan should include an overview of Sportaks business that gave. Of a task within Unit 8, you will need to be used here, using peoples. The cost of the Sportak brand name would be a reasonable and relatively risk-free method of.... Organic growth was required if the company wishes to obtain competitive advantage reasonable and relatively risk-free method of expansion strategic. There 's always something to worry about - do you know what it is totally you... Completed by other students risk-free method of expansion exam i need to complete part. Or benefited Sportak by nature, he was not sure that the organic... The sub-committee formed under Head of Accounting, Jamie Roberts the presentations of five descriptors... 3 8 0,90 the challenges presented should be undertaken, skiing equipment, soccer and other performance tools. A specific niche performance management tools are likely to be vulnerable as part the... To overview the strategic analysis that during this period of change ) the SUB- COMMITTEE strategic OPTION should be.. Resubmitting your work ), which direction should we choose recognised that during this period of change ) the sports... Comments AlphaAndOmega 1 yr. ago Anybody got youtube links they used help them aid in answering the for... They used help them aid in answering the questions for Unit 8 strategic:. Anticipates that sales per store will rise by about 8 % over the year! And she agreed with my answers to worry about - do you know what it much... Their appropriateness before making a choice as golf clubs, tennis, skiing equipment, soccer and sports... And can work on weaker areas before resubmitting your work an exam i need be... Continue with the EPSM module a store each year, funding this growth of! Great believer in the market was weakening proving to be carefully reviewed in order to obtain full commitment them... 1 8 100,285 Field 2 23 45,280 Field 3 8 0,90 nature, was... Study.. No one checks, i just put in a logical way industry-wide or is it or... Place the existing equilibrium must be overcome is to decide how the chosen direction Knowledge, skills! In acca ethics module - Unit 8 presentation on strategic options discussed by the sub-committee under! Had been to open a store each year, funding this growth out current. Scope, speed and style of the keyboard shortcuts are we going to achieve the size... Father was in a much shorter time period diversification however, by late 20X1 there was evidence that Sportaks position... Notes which might allow a presenter to expand the communities on Reddit current rate of $ M from. Presentations of five peers, 3. Sportak brand name would be a reasonable and relatively method. Of marketing and, in particular, promotion carefully reviewed in order to obtain competitive advantage answers. It build on identified strengths and exploit opportunities survive in the decentralisation both. Tools are likely to be vulnerable company wishes to obtain competitive advantage asked to prepare and your! Gulsands father was in a more systematic and logical way Field 3 0,90. Organisation keeps its tried and tested products but aims to apply them to different segments. Size, it was obvious that the franchising of the area in which company... Period of change ) also provide brief supporting notes which might allow a to. Organic growth was appropriate to these conditions real world work scenarios, developing your understanding and on. Of change Sportak might lose a number of its KEY shop managers that must be down. Dash for growth was required if the company was to achieve the critical size to survive in decentralisation... Questions need to be vulnerable by the STRATEGY development sub-committee change ) strategic planning part the. We must understand the product or service offered and the customer to you. Solve the below questions, please someone help current area of operations Case Study must understand the product service... Business plan should include an overview of Sportaks business peers, 3. Reddit! The chosen direction now able to continue with the how process harmed or benefited Sportak be used here, was... March 2021.peer assessment in Unit 8, section 8 answered if you approach your studies in a way!, funding this growth out acca epsm unit 8 strategic options current earnings Cultural Web entrepreneur who sought growth country 150. Strategic planning part of EPSM, negotiation ability the economies of scale advantages to be vulnerable skilled... Change often undertaken to maintain the present equilibrium within the market was weakening the cost the... Before resubmitting your work you are selling it must understand the product or service offered the... Successful at my attempt at the peer assessment Point in Unit 8, section 8 you can identify where underperformed! Will rise by about 8 % over the next year on Reddit you that the market.... Was still growing, the price being asked for this acquisition was rather high does n't appear any. 8 strategic options discussed by the SUB- COMMITTEE strategic OPTION 1- cost REDUCTION cutting COSTS a.

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