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strategic options

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › strategic options

  • This topic has 6 replies, 2 voices, and was last updated 11 years ago by Avatarkerri.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • November 28, 2014 at 3:16 pm #214136
    Avatarkerri
    Member
    • Topics: 132
    • Replies: 240
    • ☆☆☆

    when a question asks about strategic options what models can you use? Swot, Tows, Ansoff?

    November 29, 2014 at 9:20 am #214251
    AvatarKen Garrett
    Keymaster
    • Topics: 10
    • Replies: 10656
    • ☆☆☆☆☆

    For strategic options (ie what you should do), Ansoff is excellent. TOWS can also help eg make use of strengths to use opportunities.

    November 29, 2014 at 9:58 am #214261
    Avatarkerri
    Member
    • Topics: 132
    • Replies: 240
    • ☆☆☆

    is Ansoff all about how to generate profits and growth in the company?

    what is the difference between automating and bespoke? are they the same thing

    November 29, 2014 at 11:10 am #214281
    AvatarKen Garrett
    Keymaster
    • Topics: 10
    • Replies: 10656
    • ☆☆☆☆☆

    Ansoff: yes, ways to increase profit.

    Automating is make some procedd automatic eg automic ordering of stock when it hits reorder level.

    Bespoke is having some software specially written for you to carry out the pecise processing you want.

    November 29, 2014 at 1:25 pm #214384
    Avatarkerri
    Member
    • Topics: 132
    • Replies: 240
    • ☆☆☆

    so less human output can potentially outsource it?if not complex and not core activity?

    November 29, 2014 at 1:48 pm #214406
    AvatarKen Garrett
    Keymaster
    • Topics: 10
    • Replies: 10656
    • ☆☆☆☆☆

    This is talking about Harmon’s grid.

    I have no idea what your first sentence means, but if something is not complex and is not a core activity then Harmon’s suggestion is that it can be outsourced or automated.

    November 29, 2014 at 1:51 pm #214409
    Avatarkerri
    Member
    • Topics: 132
    • Replies: 240
    • ☆☆☆

    ok thanks

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