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1a The risks were okay – took the majority of them from the survey results. Noticed that some of the comments weren’t in line with the actual survey scores, but focused on the criticisms instead. Wasn’t sure how exactly to bring up the fact that the company was scoring well but being criticised regardless…
1b Thought this was decent, found enough points throughout the exhibits to link this back to the company. Didn’t use SAF though, since they both seemed suitable and feasible.
1c Wasn’t quite sure whether they wanted controls or how to test these controls. But couldn’t really think of ways to test their effectiveness beyond hiring a third party to test them.. Ethics wasn’t too bad, but tied myself in knots a bit since it wasn’t a definite data breach, just a possible one.
2a Think I did ok at best. Didn’t do any calculations since I barely had time as it is without figuring out sensitivities, which probably hurt my score.
2b Used the 6 I’s of e-marketing (some of them at least) to try and make some points, but was never quite sure if what I was saying was actually what they wanted.
3a At first I had no clue about this, but then I decided to use POPIT and to bang on about making sure staff are aware of changes and maybe involve them in the decisions etc. No idea if I did well or not.
3b Not too bad, I think I made some okay points and wrote it in the correct manner
3c Again, wasn’t quite sure what they wanted, especially with the information suggestions, or quite how to link it to the Mieobed thing, but I made some points about having mode NEDs with industry experience or maybe creating an audit committee.
Hopefully I was on the right lines for the most part. Hopeful I’ve passed, but was hoping for a more straightforward exam with external analysis or a company struggling to adapt to a new country or something….
Bit of a weird exam with very few exhibits, I was never quite fully confident of what I was writing, but I’m hopeful that I did enough to pass.
There was literally no external analysis, which was annoying as that’s what suits me the most. Just a lot of internal stuff, with risks and a bit too much on reorganisation. But there have been far harder exams in the past.
If I remember correctly the questions were:
1a Risks of not being awarded new contracts, risks of not retaining current customers
1b Whether to move into internet of things or government contracts
1c Controls to maintain data security, ethical concerns about dislosing security breach2a Criticially evaluate business proposal for cloud computing
2b Explain the benefits of e-marketing to advertise new cloud service3a Explain to CEO how to implement new business structure
3b Write a letter to convince staff of benefits of this new model and what changes will happen
3c Board reorganistation suggestions