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Limitations of Business models

Forums › OBU Forums › Limitations of Business models

  • This topic has 4 replies, 3 voices, and was last updated 4 months ago by taimoor2.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • March 25, 2022 at 3:16 am #651828
    ranganaherath
    Member
    • Topics: 24
    • Replies: 128
    • ☆☆

    Hi

    @GillianM

    How many limitations of the business/Accountancy model should we include in the RAP that is relevant to the company in discussion?

    March 25, 2022 at 2:03 pm #651860
    GillianM – OBU Registered Mentor
    Moderator
    • Topics: 3
    • Replies: 480
    • ☆☆☆

    How long is a piece of string? It is not how many but ensuring that they are relevant and not just general limitations that may not apply to your company and its situation

    March 26, 2022 at 6:05 am #651895
    ranganaherath
    Member
    • Topics: 24
    • Replies: 128
    • ☆☆

    Ah right in that case even if we explain two relevant limitations it’ll be enough.

    Also another question for topic 5 what are the “Accounting models” referred in the information pack? Is it the ratios analysis that is considered as an Accounting model or is there any other Accounting models for topic 5

    March 26, 2022 at 9:33 am #651915
    GillianM – OBU Registered Mentor
    Moderator
    • Topics: 3
    • Replies: 480
    • ☆☆☆

    I don’t mentor for Topic 5 but ratio analysis would normally be considered a business technique.

    PEST, SWOT and Porter’s 5 Forces are usually the models for financial analysis topics but you should discuss appropriate models for your particular company with your mentor

    October 23, 2022 at 8:53 am #669690
    taimoor2
    Member
    • Topics: 1
    • Replies: 4
    • ☆

    Are we supposed to evaluate the business techniques also? So, for example, will we be evaluating Ratio analysis in the section titled Section 2: Business/Accountancy models?

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