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I’m self studying P3 from OT lectures and course notes, so far i am only developing a understanding of models and gaining knowledge,
I did manage to understand models but my question is, How do we know when to apply which model provided that the examiner is silent in the question?Is there any resource material that arranges past papers in a topical manner? so that i can practice questions after i studied a particular model or portion of syllabus?
Thanks 🙂
here you can find what topic came up: https://opentuition.com/acca/p3/acca-p3-exam-analysis/
well, while you are waiting for the tutors reply, why don’t you search the forums.. you won’t believe how much info there is already about models.. even students posted their notes.
https://opentuition.com/topic/p3-models/
https://opentuition.com/topic/summary-of-models/the list goes on 🙂
Those links are useful however i don’t think they answer my question, How would we know what model to apply if he is silent? for e.g Is it that if the question is about Stakeholders then we will apply Mendelow’s grid ?
Yes. The information in the question usually fits only one or two models. So if there’s information on market share and market growth use BCG, if there’s information about which different processes and which you are asked which to outsource think Harmon’s grid. If there’s information about competitors and customers then 5 forces. It’s usually made fairly obvious by the examiner.
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