ACCA | BPP - P3 Business Analysis Exam Tips December 2010

BPP | ACCA - P3 Business Analysis Exam Tips for Decmeber 2010
 
P3
Important areas to cover:
  • Strategic analysis: Key models of analysis include mission and objectives, stakeholder analysis, PESTEL, Porters five forces and diamond models, the value chain, 9Ms and portfolio analysis. This may culminate in a SWOT and appraisal of the organisations overall position.
  • Strategic choice: The syllabus makes a distinction between the approach and role taken by the corporate parent and a Strategic Business Unit (SBU). You should therefore ensure that you are aware of the differences and be able to identify the appropriate approach from the scenario in the question.
  • Key models here include Porter’s Generic strategies, Bowman’s Strategy Clock, Ansoff's matrix and Lynch’s expansion matrix.
  • Finally the strategic criteria for assessing options of suitability, acceptability and feasibility may be employed to justify recommendations.
  • Strategic action: Implementation issues cover much of the rest of the syllabus and could include issues of culture (e.g. Cultural web, Handy’s cultures, Miles and Snow), quality (TQM, six sigma, CMMI, V-model), process improvement and software selection (Harman, Skidmore and Eva), e-business or people management (e.g. planning, recruitment, performance management, development) or change management (Force Field analysis).
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