Analysing the strategic options quiz epsm quizlet

Analysing the strategic options quiz epsm quizlet. e. That’s correct, isn’t it? Mar 29, 2021 · Here's a little more info for those of you working on Unit 8 of the EPSM module - we hope this helps your understanding of the section. Study with Quizlet and memorize flashcards containing terms like What makes a successful strategy?, Strategy as the link between the firm and its environment, The evolution of strategic management and more. Study with Quizlet and memorize flashcards containing terms like investment decisions, investment appraisal, payback and more. Study with Quizlet and memorize flashcards containing terms like What is the difference between the strategic plan and the operational plan?, Which type of plan focuses on "deciding what will NOT be done anymore in healthcare", Which 2 things do good strategic plans provide and more. Jan 26, 2023 · Study with Quizlet and memorize flashcards containing terms like how are strategic options analysed?, factors influencing strategic decisions, factors that distort decision making and more. Analysing strategic options -ignores any revenues or costs that occur after the point at which payback has been reached, so does not consider the overall net return from a project-it is very difficult to establish a target payback period-values future costs and revenues at the same value as current costs and revenue, so does not consider the time value of money the way that NPV does-may lead a business to be encouraged Capital expenditure:Cash spent on investment in the business: e. g Raw materials, energy costs, wages and salaries Advantages include: - simple + easy to calculate - less negative economic implications - aids business decision - can calculate how long the pay back period is - redesign the project to reduce/scrap the project - less risky - less wasted resources Disadvantages include: - ignores returns after the payback period - based on predictions - may be inaccurate - risky - ignores project profitability -greek times, first used in military science-1912 first class in harvard -1920 but halted by great depression - further halted by ww1 and 2 -1960 increase in planning due to diversification-1965 first book was created -1970 oil crisis heightened need for strategic analysis Study with Quizlet and memorize flashcards containing terms like Investment appraisal, Average rate of return, Net cash flow and more. - a short, powerfully expressed sentence or two that expresses the business aims clearly yet motivationally - summarising the long term direction of the organisation provides a focus that helps to inspire employees to greater effort and ensure the departments work together Study with Quizlet and memorize flashcards containing terms like Investment or capital investment describes, Capital investment is undertaken for two main reasons:, What is investment decisions? and more. “treat each strategic option as totally independent” …. C) that considers a firm's strengths and weaknesses along with the opportunities and threats that exist in the firm's environment. A scientific approach to investment decision making, which investigated the expected financial consequences of an investment, in order to assist the company in its choices. In the unit you will undertake a series of tasks including analysing your workload to ensure you can achieve your objectives, preparing calculations and reviewing a report to the board of directors outlining the financial and business implications of the new situation that your business finds itself. Study with Quizlet and memorize flashcards containing terms like Investment, Investment can involve, Investment Appraisal and more. Therefore it has an economic life and the products are intended to last a long time Revenue expenditure:Cash spent on day-to-day operations e. Study with Quizlet and memorise flashcards containing terms like Investment decisions, Investment Appraisal, Important techniques of Investment Appraisal and others. AQA A-Level Business Studies Yr 2 Unit 7: Analysing the Strategic Position of a Business Learn with flashcards, games and more — for free. Study with Quizlet and memorize flashcards containing terms like Investment decisions, Investment appraisal, Payback period and more. They are usually set by the top management of the business and they provide the focus for setting more detailed objectives for the main functional activities of the business - the economy, investment may be postponed if economic conditions appear to be deteriorating or fast-tracked if there is sudden improvement - competitive environment, may need capital investment - industrial relations, may need to consider the impact on its workforce and the the strength of any trade unions - corporate image and objectives, is the investment aligned with the businesses CSR By identifying the position of products a strategy can be arranged to support the products. g. Such expenditure is on non-current assets. Relate to the business as a whole. build on this to analyse each option – don’t work out each scenario from scratch. Study with Quizlet and memorize flashcards containing terms like Strategic questions, Strategic planning involves, Strategic planning process and more. Jan 5, 2020 · This assessment has 6 questions in which you have to assess the impact on profit of each individual strategic option given in the scenario. Your answer should be a number, ie: 100 (for 100,000), as they state the $’000 before the space for answer. Quiz yourself with questions and answers for Strategic Management External Analysis Quiz, so you can be ready for test day. “use the following profit or loss statement as the basis for your analysis” – i. Study with Quizlet and memorize flashcards containing terms like ARR stands for?, NPV stands for, payback measures what? and more. Strategic action Building : supporting the problem child with additional advertising or more distribution using finances from Cash cow Holding : maintaining support for star product to keep market position and using ads to keep the product and brand image relevant Milking: taking all the money from cash . Improving the business reputation and relationships with the local community Developing the capabilities of the business, such as building skills and experience in new areas or strengthening management systems Anticipating and dealing with future threats, such as protecting intellectual property (patents) against potential competition Meeting the requirements of current and future legislation Jan 19, 2020 · The key is, to read it carefully – e. Study with Quizlet and memorize flashcards containing terms like What types of investment may businesses need to make decisions on?, What is investment appraisal?, What assumptions does investment appraisal? and more. Study with Quizlet and memorise flashcards containing terms like What are strategic options?, What factors influence strategic options/decisions?, What factors distort decision-making? and others. B) for evaluating profit potential of an organization's various business units or product lines. , The three forms of innovation are _____, _____ and _____. g plant and machinery. , The goals of environmental analysis are to identify fads, trends and events that will only affect strategy in a direct way. Need help for EPSM Unit 8 Analysing the 6 strategic options!!! It''s so hard for me to solve it : - Failing to involve the appropriate people • Conducting strategic planning independent of financial planning • Falling prey to analysis paralysis • Not address the critical issues • Failing to achieve consensus • Ignoring resistance to change • Ineffectively transitioning from planning to execution • The rigid use of templates can lead a team to be more focused on corporate Financial methods of assessing an investment Investment appraisal should include the calculation and interpretation of payback, average rate of return and net present value. PESTEL analysis is an important tool: A) for analyzing how much profit potential exists in an industry. The value of sensitivity analysis Jun 20, 2024 · Study with Quizlet and memorize flashcards containing terms like One of the three components of environmental analysis is internal analysis. Factors influencing investment decisions Factors to include investment criteria, nonfinancial factors, risk and uncertainty. Explore quizzes and practice tests created by teachers and students or create one from your course material. Chapter 8 - Analysing Study with Quizlet and memorise flashcards containing terms like What is investment appraisal?, In what circumstances do businesses take decisions regarding investment?, The three most important investment appraisal techniques? and others. You need to calculate the effect on profitability of implementing each of the options you are asked about and not to calculate the actual updated profit after the option has been implemented. and more. bbonxz rqdx bqfpeho bgasit hgf wvl ddlp ontwpn cpezf mayjty