ACCA - Association of Chartered Certified Accountants
ACCA - Association of Chartered Certified Accountants
ACCA - Association of Chartered Certified Accountants
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Sec Question requirements Answers should include
A. Whether a decision is ethical Tuckers 5Qs model
1. Profit
2. Legal
3. Fair
4. Right
5. Environmental sustainable- consumption of
resources/ footprint
Evaluate the culture of a company Cultural web
1. Symbol
2. Ritual and routine
3. Stories
4. Power structure
5. Organizational structure
6. Control
B. Public interest/ social performance 1. Workplace- employees
2. Marketplace- customers, suppliers, investors
3. Community
4. Environment- general public
Stakeholders claim Demand or complain made by stakeholders
because his welfare was being affected by co
activities
Identify key stakeholders/ the Mendelow model
manner which stakeholders should
be managed Low Interest High interest
Low Power Minimal effort Keep informed
High Power Keep satisfied Key players
Benefits of ethical company 1. Rewarding of business cases
2. Avoidance of negative effects
Evaluate an organisation’s The 4 components of the CG Code:
governance structure 1. Directors
2. Directors remuneration
3. Relationship with shareholders
4. Accountability
Composition and role of the sub-committee
, C. Macro environment PESTEL
P-political
E-Economical
S-social
T-technological
E-ecological
L-legal
*ecological factor often relates to emergence of
green consumers/ election of green political
parties
*legal factor relates to introduction of new law
that will impact on co’s operations
Micro environment (industry) Porter’s 5 forces
1. Customers bargaining power
2. Suppliers bargaining power
3. Intensity of rivalry
4. Barriers to entry
5. Threat of substitute
The reason a particular industry is Porter’s Diamond
doing so well in certain country 1. Factor condition
2. Demand condition
3. Firm strategy, structure and rivalry
4. Related and supporting industry
Evaluate a company’s process Porter’s value chain
Primary activities:
1. Inbound logistic
2. Operations
3. Outbound logistic
4. Sales and marketing
5. After sales service
Make decisions such as direction of SAF model
growth of method of growth/ S-suitability (opportunities, strengths)
Suitability of the investment A-acceptability (reactions)
F-feasibility (financial, organizational, technical,
social, environmental)
Ansoff matrix
Existing New products
Product
Existing Market Product
market penetration development
New market Market Diversification
Development
Discuss marketing mix (tools that 7Ps model:
can be used to market our co’s Product
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