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Post your comments about June 2012 P3 exam.
?How did you do? What came up? How did this paper compare to previous exams?
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[polldaddy poll="6303342"]Can we start with what came in exam so all reading know what we are referring to.
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besides question 1, i felt that all the ques behind are very hard. To be honest, not an easy paper. Now pray for a pass!
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About Question1(c).. is it relate to SMART framework??? no idea at all..
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Q1a Analyse financial position; evaluate investment proposal (implied decision tree)
Q1b Strategic option (implied TOWS)
Q1c Mission, communicating core valueQ2a Evaluate software package for automation of core process
Q2b Fomal process for package pocurement, evaluation and implementationQ3 not attempt but its about project management and benefit realisation
Q4a Value Chain
Q4b IT (upstream and downstream)- Topics: 0
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For
Q1a) Analyse financial position means use financial ratio, then use decision tree.. but do not know why my expected value is negative 3m
Q1b) Generic strategy, ansoff product market matrix and other option
Q1c) write benefit of using missionQ3a) Write out element of PID
Q3b) Not sureQ4a) Identify weaknessess by using Value Chain
Q4b) By using Upstream and Downstream supply chain, how to adress those weaknessess of company- Topics: 0
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the exams is still going on, guys has acca been compromised????
I’m really shocked seeing the questions online at 1:07pm, exams finishes 1:15pm…Did question 2, 4 first, question 1 wrote relatively little. Did not prepare mission and obj quite well. Overally is ok.
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Pestel can be used for external environment and strategic position…I don’t think it will be appropriate for strategic options. Ansoff, genetic and strategy clock can be used for options
A strategic anaylasis invovles any of the internal or external methods and a combination of this and other factors, pestel, swot, and any other.
BY the time we are posting exam is over we are out of the room. There isnt any compromise.
Quite surprised at the lack of core frameworks, no pestel, 5 forces swot, no SAF. Completely different to December 2011 paper.
1b) I assume we had to discuss, porters general strategy, alliances, acquisitions etc.
@willynwilson said:
I think pestel is the external environment. Not the strategic options. Sorry!Don think PESTEL WAs relevant more TOWS and Ansoff but thats just me!
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It was the first time I wanted to give up in the middle of the exam.. I am so disappointed with my self! Very time pressured and very boring scenarios!
It was ok but time was not enough. 1b, Ansoff, market dev,pro dev, market penetration, diversification and then have to evaluate? By SFA model?
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1b is actually nightmare.
it is not clearNearly had panic attack in first hour, and accomplished nothing. Had a good section B as the exam went on, but that really threw me. I have studied 15-20 hours a week for 3 months on this subject. Was my first attempt but still not good enough. Hopefully better luck for P1 on wednesday
How did people answer question 2? Just highlight the problems? Was there any frameworks to use?
Question 4 was relatively easy, I spent too much time on the first part of the question which led to me having a rubbish part b.
Never mind. Don’t think I will pass. I used differential strategy, focused differentiation and then acquisitions and alliances for 1b. Don’t think I will get high marks.
Omg for question 1b i use ansoff and other method of expansion such as licensing n franchising! Can i use that too???? Method of expansion is considered as strategy oPtion isnt it? Please say yes…
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Easy but time constrained.
Q1a. It asked ‘financial’ position asalysis and data was given so did ratio analysis. Evaluated the investment using expected values through NPV – it was a negative. Q1b. asked alternative strategic options; given the scenario I discussed Ansoff, franchising, strategic alliances and acqusitions. Q1c. I missed.
Q2a. Harmon’s Process Strategy Matrix. Q2b. Harmon’s Process Redesign Methodology.
Q3 didn’t attempt.
Q4a. Value chain; discussed the weaknesses in the primary activities. Q4b. Missed; went out of time……..
Can I pass!!!!
Best of luck with thy results everybodyi think as long as you gave reasonable answers for 1b then it doesn’t matter what model you use.
The question didn’t specify a specific model so it was subjective, i suggested more rational options to the company like making use of the spare factory or even build new shops for safe shopping environment and improve its website.
Time is a pressure.
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