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Q1.kindly guide me what to write in individualisation,independence of location,industry and intelligence with help of some simple day to day examples
Q2. kindly guide me how to structure my answer.such as what to write in introduction and conclusion of a model used in question 1.
Q3. Are there any major changes in p3 in december 2014 attempt?
Q4. Difference between project review and post implementation review?
Q5. I struggle in finding weaknesses in questions so kindly guide me a bit .I know weaknesses can be found by help of ratio analysis but i get confuse when i have to link it up with the reason that why it is a weakness for the organisation!
Q1: Imdividualisation: an on-line sales web-site will remember what you have bought in the past and can make individual, spacialist offers to you. Independence: we don’t really care where websites and operations are located. Industry: the structure of the industry can be changed eg few shops selling Cds as overtaken by MP3 downloads. Intelligence: every click and page you look at is recorded and this provides great intelligence to companies about users’ habits.
Q2: Intro = v short just something like I set out below a report on the firm’s strengths and weaknesses. Conclusion: only needed if you are required to have a recommendation. Deal with models’ findings on a model by model basis usually.
Q3 Yes – much more IT. Covered in out notes.
Q4 Project review = how well did the project go, technically. Eg on budget, on time, project team worked well together. Post implementation review: if we had our time over again would we do the project? Eg are costs<benefits.
Q5 Poor finance is a weakness eg falling GP%, escalating costs, dangerous current ratio, very high gearing. If finance is poor the ocmpany might find it hard to pursue strategies (usually need finance) or might even be facing liquidation.
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