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HELPING YOU arrange WITH self belief, stay away from PITFALLS AND go FIRST TIME
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Extra info for CIMA Official Exam Practice Kit Enterprise Strategy, Fifth Edition
Other resources must also be considered to ensure that they are being put to the best possible use, and that the service provided does not use any more resources than it should. 24 Exam Practice Kit: Enterprise Strategy The advisory service will need to have some idea of the resources which are regarded as reasonable for the level of service provided. To benchmark this, the service might look at similar services offered in other areas and the resources required by them. However, care must be taken to ensure that service offered is at a similar level, both in quantity and quality.
If this happened in sufficient numbers, it would have a detrimental effect on the share price, thus affecting the wealth of the remaining shareholders. Question 6 (a) Eastborough (i) Ethical issues and main stakeholders Ethical issues and decisions relate to taking the “right” decision by reference to a certain moral code. This can be difficult as any course of action may require a balancing of advantages and disadvantages. 28 Exam Practice Kit: Enterprise Strategy In the case of Eastborough, the government should have considered the costs and benefits of allowing mining in the area in the context of its own concerns and aims for the area.
Organisational changes N will need to formalise its approach to strategic planning by setting formal objectives, conducting environmental screening and then using these to allocate resources, along with targets consistent with the objectives, to different areas, of the business. It is likely that the board in a small company will undertake these tasks, using a strategic planning approach. While this gives the family more control and ensures consistency, it means that the employees are less likely to be convinced of the benefits.