acca Flashcards
(33 cards)
Communicate
inform
persuade
clarify
Evaluate
assess
estimate
appraise
Commercial accumen
awareness
judgement
insight
analysis
investigate
enquire
consider
scepticism
Q
challenge
probe
report/memo
to, from, about, date
letter
name and addr writer
name and addr recipient
Dear Mr
Yours Faithfully
slides
rule of 7
layout
role / format / audience
task and verbs and time
IR
adds value
info available to everyone
porters 5 forces (analysis of industry and market)
supplier power buyer power substitute competitive rivalry threat of new entry
when evaluating performance in terms of IR
look at capital
human, manufacturing, financial, social
big data benefits
predictive modelling
behaviour tracking
purchasing behaviour
opportunities from big data
accurate information
segmentation (focus on specific customers)
develop and improve new products and services
private to public environmental issues
more responsible as its in the public eye
risks on a risk map
strategic, financial, environmental, business
when comparing shareholder power
look at before and after
comparing opportunities
work out NPV PV / 1+int rate
big data
set up costs
security costs
running costs
control weakness discussion
identify weakness and explain & give a recommendation
advantages of a separate committee
communication, leadership, mixed membership,
PID
Project objectives anticipated benefits scope deliverables/outcomes constraints key stakeholders project team roles risk assessments cost estimates performance measures
strategic perspective
SFA
location
porters diamond
