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| Section | Weight | Objectives |
|---|---|---|
| Recommend and Maintain Sound Control Environment | 15–25% | - Recommend assurance and reporting processes - Ensure compliance with laws, regulations and standards - Evaluate governance structures and ethical frameworks - Design and assess internal control systems |
| Evaluate Business Ecosystem and Environment | 15–25% | - Analyse macro-environmental factors (political, economic, social, technological, legal, environmental) - Evaluate stakeholder interests and influence - Assess industry structure and competitive forces - Assess impact of digital transformation and innovation |
| Recommend Financing Strategies | 15–25% | - Evaluate mergers, acquisitions and divestment decisions - Evaluate funding requirements and sources - Recommend dividend, investment and financing policies - Assess capital structure and cost of capital |
| Develop Business Strategy | 15–25% | - Evaluate internal and external environments - Plan strategy implementation and governance - Analyse organisational mission, vision and objectives - Formulate strategic options and select appropriate strategies |
| Evaluate and Mitigate Risk | 15–25% | - Design and evaluate risk management frameworks and controls - Assess risk likelihood and impact - Identify and categorise strategic, operational, financial and compliance risks - Recommend risk mitigation and response strategies |
Question 1
- Long term legal agreement needs to be in place
- Partnering with another to share costs and profits
- Long term commitment required
A. Risks with organic growth
B. Risks with inorganic growth
C. Risks with Joint development
D. Risks with Cost Leadership Strategy
Question 2
Five forces examines an organisations industry
*New entrants- barriers to entry?
*Power of suppliers- industry is dominated by few suppliers
*Substitutes- satisfy the same need
*power of buyers- high when there is a concentration of buyers
*Rivalry amongst competitors
Conclusion: desirable situation is where there is weak suppliers and buyers, few substitutes, high barriers to entry and little rivalry
A. Five Forces Model
B. Porter's Five Forces
C. Ansoff- The Product/market Growth Framework
D. The Bird In The Hand Argument
Question 3
*Availability- maximise biz hours
*Confidentiality- protection from unauthorised access- passwords & encryption
*Integrity of data- reliability of data
*Integrity of processing- protection against inproper use
A. Porters Generic Strategies - how to gain competitive advantage
B. Scrip dividend
C. AICPA reporting framework (cyber security objectives)
D. Clientele effect
Question 4
Fruits & Vegetable
A. Yellow
B. Red
C. Green
D. Blue
Question 5
Machine Final
A. 180-F - 194-F
B. 110-f - 120-f
C. 160-f - 180-f
D. 150-f - 160-f
Solutions:
| Question 1 Answer: C | Question 2 Answer: B | Question 3 Answer: C | Question 4 Answer: C | Question 5 Answer: A |
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