ACCA Paper P3 Quiz – P3 Model Application Test
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100% pass mark i feel a lot is needed
100%
100%
Kani2ray
scored 100% hope to achieve a pass in the exams
Will like some more quiz tests! if some one have kindly help
Score 50% and notice my weakness, hope to use the remaining time to pass
Got 83%
n Not satisifed…. Any Last Few Days Tips??
good stuff
wow. I scored 100%.
I hope I do pass in this sitting.
@viktory0930
there are 46 important models to learn if you are going for the best but the important ones are from johnson and scholes, porter, mendelow, ansoff and balogun & hope hailey.
wow. i scored 100%. thanks to my sir, David Laws. He has given me some good tips about how to handle these sort of questions. I hope that on 10th i would repeat the same. i just need prayers and good luck
I scored 83%. I am aiming at the 100% score in the exams. I would love more quiz especially on those areas where a greater % of the students find very challenging so that I can sharpen myself for the exams to achieve the highest score.
Thank you.
@godsaves, good for you. do you have a study buddy? what areas are you concentrated on?
Thx lots, I score 83% and it really morale boosted me.
More questions of that kind please.
Thx.
@eunice, Isint it amazing? what topics are u really concentrated on and which past paper questions have u done? also can u name the top 10 models to know?
I scored 100%….this really boosted my confidence….thanks OT
This is a really good test! Thanks, open tuition!
The quiz really test your knowledge on the models. I would like to do more test.
Q.3 The characteristics of several products are described and you are asked to suggest what should be done with each.
Ans: BCG matrix.
Is that correct?? I thought BCG matrix must be used on Business units not on products. Can some one assure me which one is right?
@tahshin, It can be either. If you think about it, products can be assigned to different business units, or they might not be.
GREAT TEST, superb! This is exactly what I need to polish up and ensure I am using the correct models!
How about a beginner, intermediate and advanced test.
Once again, I think this test is excellent it has
I score 67% in the quiz. i think applying the models is still tricky. In what sitution am i supposed to apply a model and which model is approciate in a given sitution.
i got 83%
I SCORED 100% HERE…AND INSHALLAH HOPING FOR ATLEAST 51% IN EXAMS…….SAME THOUGHTS FOR U…MAY ALLAH HELP U….
@pskepticism, inshallah
Hi there,
About make-up, i think you can consider it as the image of that business. For example, people knows KFC for having good and tasty fried chicken due to its secret recipe (brand),or cabin crew with white scarf and grey-colored uniform is a trademark for Etihad Airways.
@hh176, oops, sorry ppl. actually this is the reply for those who have been asking for ‘make up’ in 9M’s model.
@hh176, Okay thank you about d explaination.. So it is something about the brand image of the co right? Then y do they call make up? Is it just they want to put letter M at the front so that they can call 9 m’s?
@nishina, yes, as far as i understand, it’s something to do with the brand and image of the co.
y ‘make up’? well.. like you said, maybe they simply want to have the ‘M’ word… or, IMO, you can simply relate to the fact that ladies wear make up for their image. if you have good make up, you’ll have good image. i think you can apply the same in here.
@hh176,
okay, really2 understand what u explain..
i seldomly use any make-up, that is why cannot relate to the situation. he he btw if u’re taking exam today, a best of luck to you..
thank you so much!
83%
… Great test!
Very useful.
gives me more confidence that I will make it this round for this paper.
Score 83%
I like this Quiz its build confidence level
I appreciated this quiz. I will like it to be more often leading up to exams.
100% well its a good start!
@nishina, hi can u tell me what is the m models?
@goldhungry, hello there, the M model relates to the internal environment, where an org needs to have capabilities in terms of resources and competences.
Good Luck for P3!!
The M model relates to the resources, the 6/9M’s :
Money
Material
Manpower
Methods
Management
Management Info System (MIS)
Makeup
Machinery
Market
@nishina, thx. but i only learn the six Ms method. do u mind explaining makeup and market. Is market = market base of the organisation?
@goldhungry,
im so sorry but i do think you should ask the lecturer from open tuition. his name is Gromit. im afraid im giving you false statement pertaining this 2 Ms but what i understand,
Market : you’re correct, the market base of the org as how they can market their product to the customers ( either penetrate, or product/market development)
Make-up : im not sure why they call make-up, but the main considerations given are pertaining to the structure and system of an org and also the branding.
I scored 100%….!!
83%…but not satisfy yet:(
According to JSW, the BCG matrix is supposed to apply to an organisation’s SBU rather than its products. What’s your comment?
@kono, It can apply to either products or SBUs. After all, SBUs are often defined by their products.
thanx mate, given me some sense of direction.
100% but how to pass p3
@geenii,
Time management is the secret, friend! Remember, examiner requires us to attempt all questions rather than complete all questions!
score 83%. lets pray for real exam
this is nothing dude it was a joke wid us
@usmanacca, Fix your PC if the Quiz does not show on your PC
I did 100%.This is a great encouragement prior to sit for the exam.
was a relatively easy test. doesn’t seem to assess alot.
wow …100%
encourages me to study better now.
Am having problems finding mock questions for Dec 2011 session
Passed it but I need more study and practice.
Wow 100%. just like alizeeoo still not into this paper. got lots more to study
100% on test, but still not confident enough! im doing only kaplan revision kit, not sure all the syllabus are covered well enough
This is only knowing a brief description of the models in exam application through a detailed analysis of the models to the scenario is what is expected of us.
I do 67%….
THE LECTURES PROVIDED ONLINE ARE VERY HELPFUL.THE ONLY CHALLENGE WE ARE FACING IS WITH NET WORK WHICH SEEM TO ONLY STABLISE LATE IN THE EVENINGS.
CAN SOMETHING BE DONE TO IMPROVE ON THIS PLEASE?
I’d like to try more test
I did better than i thought i would. These tests are great to do
I am unable to download the P3 lecture notes, Please help me.
I am unable to download the P3 lecture notes. Please colleagues, help if you can. The notes are extremely good.
Here is a copy and paste of the download – hope this helps:
P3 Best Model Application Test
1 B
A BCG looks at the market share and market growth rate of products.
B PESTEL looks at the environment: political, economic, social,
technological, ecological and legal.
D The M model is used as a list to remind you of resources (internal):
money, management, manufacturing, etc.
2 D
A Analyses stakeholders
B BCG looks at the market share and market growth rate of products.
C Looks at strategic direction
D Considers volatility/complexity and strategic importance of the process.
3 B
A Looks at the industry attractiveness
B BCG looks at the market share and market growth rate of products and
categorises them as problem children, stars, cash cows and dogs.
C Generally, looks at how the organisation adds value by what it does
D A method of setting objectives and judging performance.
4 A
A Very different organisations imply very different cultures and the factors
influencing culture are described by the cultural web.
B Looks at strategic direction.
C Relates to project management
D Cost leadership/differentiation/focus. Might have some relevance to this
question if one company were a cost leader and the other a
differentiator. Problems might be caused by these differences.
ACCA Exam Technique Articles OpenTuition.com
For huge selection of free ACCA notes, lectures and articles please visit http://opentuition.com/ 1
5 C
A Generally, looks at how the organisation adds value by what it does
B This is marketing (product/services)
C The CEO is pushing for change and this model looks at the context of
change and the design choices.
D This is a development of Porter’s generic strategies.
6 D
Johnson and Scholes:
Suitability is concerned with whether a strategy addresses the circumstances
in which an organisation is operating. So, PESTEL describes the
environmental circumstances. 5 Forces would describe the competitive
position.
Feasibility is concerned with whether the organisation has the resources and
competences to deliver a strategy. The M model lists resources for
assessment.
Acceptability is concerned with the expected performance outcomes of a
strategy. The stakeholders are interested in the performance outcomes and
Mendelow’s matrix describes the power and interest of the stakeholders.
ACCA Exam Technique Articles OpenTuition.com
For
ur firewall is prob blocking it