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SBL*** ACCA Paper SBL December 2018 Exam was.. Instant Poll and comments ***
Thought the exam was better than expectations. 1a I used Diamond adding some elements of PESTLE as I saw fit. 1b. I used SAF which made it easy to analyse financial (IRR, payback and others) and non financial decision as seen in the exhibits. The question did not ask for any model so its more of a freestyle and i also didnt dwell much on trying to calculate anything 2a. Tested communications skills and you just needed to be formal and use the right tone. 2b IR was pretty easy showed how the 6 capitals can be used to communicate and add value. 3a tested scepticism skills on the boards view of disruptive tech. I found it a bit tougher than the rest mainly because I was pressed for time....I just scribbled some points. 3b was very OK. The slides were to state the risk, consequences and controls then give notes. Overall the exam was good
Hi all. I have to record the memory here, not sure whether thinking are right…
1a
Success is a combination of external opportunities and internal strength
External 5 points(developed country provided a stable operational economy, attract visitors, government build infrastructure, university provided talent base, policy encourage people to do jobs of travel)
Internal 3-4 points maybe. Forget how many I wrote
1b
SAF
2a
Draft press release: Hi-Lite will insist a persistent corporate citizenship at Deeland as well as Veeland. How minimized impact on environment in Deeland. How maximized benefits on social in Deeland. Will relocate managers to do change. Veeland pollution remained large space to change by best practice and experience
2b
I wrote 4 points
- Decision making: IR covers a broad range of information, including external environment. can make stakeholders know why we do this decision
- Harmonized performance review: 6 capitals, can make sales, operation, finance review change management after investment…
- Reputation(forget how)
- Avoid conflicts of stakeholder claims, e.g. Veeland’s local communities may support Hi-Lite because we are environmental sustainable
3a
Skepticism the operational director
- New entrants
- Pricing strategy
- Cost leadership position is threatened
- Expontential penetration
- Customer needs
Simply give bullet points with simple explanation of application
- Partner and become a supplier of rent a room
- Embed booking system into rent a room
- Advertisement on rent a room
3b
Give 3 outcomes of each risk in each slide
Actions include FD provided, but use different expression.
Only give notes on simple description…
yes
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