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I wasn’t sure if I did Q3 right about the 2 IT approaches about recording conversations and how it will improve the performance. I said that the company will have control over their behaviour and could invest more in training in customer service. Not sure
What did you say In the question about AI ethics and how it will improve the company’s performance and benchmark?
I was focusing on the usefulness of investors so just benefits of APM rather than drawbacks. I said it’s useful for comparison, decision making preventing risks. I also said apm is voluntary which improves the reputation of the company
I think I tackled this question from the wrong perspective. Would you please let me know?There was a question whether the government auction was an active market? I said yes but I wasn’t sure.
Also the question about sale agreement and warranty did not have a clue! I said a warranty should be accounted for as a provision but that’s it.
APM question mentioned that it’s helpful for comparison but also didn’t know much.
I said that climate change is material cause it has an impact on the decision of users of financial statements and should be disclosed in financial statements
I was very confused with Sbl question 3 about the impact of employees on change. I wrote a lot but don’t know if it’s right ! What did yous guys say? If I have this question wrong I will defo fail
Does anyone remember the marking points for all questions? I only rememebr that investment question was for 28 marks
Were all the letters,briefing notes to CEO of yexmarine from external consultant? I think the letter to employees was from ceo to staff so I addressed the letter from ceo to yexmarine employees. Is that correct?
What did everybody say about risks? There were data and reputation risks and scepticism
Not sure If I di the risk assessments questions right (Data and Reputation risk). Data risk assessment as serious in the proposal but I said I disagree with it as it not very IT based so the risk is not that serious.
For sceptisitm skill I said there should be more mitigation activities mentioned
For Q with the impact of employees on the change process I said potential delays as they are too resistent and more time must be spend for encouraging them
for the Q how to address their concerns
Satisfactionary pay
Development opportunities
Extra pay for overtime
Communication
The investments options
Sport fishing higher NPV higher gross profit margin but high investment cost which means big financial risk
No I didn’t really look at numbers cause I am not good at it so I focused on reports lol. But I don’t think it will be enough as the first question is 34 marks I think. And I not done anything for it.
Guys, do I have a chance to pass? I have not done the first question at all. I done all the rest.I think I done well with question oil spillage and main risks , Stakeholder analysis. I mentioned repuational risk, environemntal,political, financial, exchange rate risk (dont know if it’s right) as I assumed that the location where the oil spillage happened was far away so maybe they have a different currency. For stakeholder analysis I mentioned the community of the island, their high interest in the oil spillage. potential custumers, Government.
For the acquistion I used Feasibility, Acceptability and Suitability framework. Financing options did not say much apart from the Grant they could apply from the Government, looking for investors or a loan from the bank if their business plan is effective and convincing. For Big data for enlarged companies better relation with clients, comparison of financial data, effective decision making, flexible for passengers and staff, good for advertisement and gaining more passengers from social media etc.
For the Governance improvements – not enough neds, been there for 8 years, I mentioned that it would be good to have fresh pair of eyes on the business they would help with performance risk and strategy. Also., I said the utilitary board is good cause all directors are equal.If I pass it will be a miracle but still want to know yours opinion!
Thanks 🙂
