*** September 2022 ACCA SBL exam – Instant Poll and comments ***

Q1 you had to use a combination of PESTEL and porter 5

Luke wrote:evaluate the core competencies and resources that give QH a competitive advantage
Benefits and challenges of segregation of audit and risk committee<br>Benefits of Cyber security controls of new customer portal<br>Risk and risk mitigation<br>Factors to consider on how to address the stakeholders

Yes, no PESTEL mandatory… But it all depends on how one used PESTEL or no PESTEL

I did not

Luke wrote:

babayag wrote:Does anyone remember the marks break up

Yes. But I did not use any Model, although covered these points. + Customer satisfaction + skills and employee satisfaction

Have a good rest of the week. Don’t worry much about the exam. It is a matter of luck with SBL on the kind of scenario you get and how quick are you on the day. I am sure if we have more time we all will do very well….
I have SBR on thursday to worry about now.

Quality homes
Q1 – resources and competences that would be a competitive advantage- didn’t use any model thought about PESTEL half way through and there was no time to change.

Q2 – how to address different stakeholder other than SH – kinda used power and interest and added other theory

Q3 a)Comparison of divisions and how it affects strategic objectives
b) challenging the ED on his view about responsible leadership on wider stakeholders

Q4- a) Benefits and challenges of separation audit and risk committee.
b) Risk and mitigating activities

Q5 a) benefits of portal system – used 6Is here
b) forms of cybersecurity

Overall felt the paper was good but lengthy.
Also where is the IR used? Saw many comments on that

Looks like there were two sets

1)how to address the stakeholders by not focusing on annual reporting? i wrote
-customers could be dealt through website as they check the houses online and make payment
-government could be dealt through letter if there is any issue regarding the availability of land or restrictions
-Suppliers could be dealt though email if supplies such as safety boot and equipments are not supplied on time for the construction of houses.
-investors/bod/ceo needs to be address in annual reporting as they are involved in performance of the company.

2) seperation of audit/risk committee slides i wrote
benefits
-independence of thought and decision not involved in self interest threat
-segregation of duties as both committies duties will be divided
-reduces conflict of interest as both committes would know who they would be accountable to
challenges
-unity of both committee rather than one committee
-more knowledge and skills would be spread if both committies are joined

3) for public interest question i wrote.
-the community garden would protect many animals /trees and envrioment
-the community garden could have a low cost fees where government would get the return as it could be used for other beneficial purpose such as free education/health
-protecting the envrioment would increase public awareness for QH. this in turn would allow investors to invest in the company leading to high profits

Hope this is correct

Heya the 2 question I think was on integrated reporting

what did you guys wrote and identify principle risk and mitigations?

Also I thought a lot of the questions related to ‘how this impacts on the strategic objectives’

is my stakeholder answer correct regarding how to approach stakeholders?

As far as I remember the stakeholder question was phrased like ‘ what factors should QH consider when deciding how and what is reported to the stakeholders’
When I first read this question I wrote down integrated reporting and the 6 capitals so when I came to write I would remember.
But when I came back to write I read the question again and took the stakeholder matrix route – keep informed, keep satisfied etc. because it mentioned what factors I thought it was asking more how do we know what to report to the stakeholders ie how involved are they rather than what reports do they get – but I could be wrong??
I guess now I am thinking about it maybe it could have been leaning more towards they should adopt IR and the advantages. Can someone enlighten me?