CIMA Exam Practice Kit Management Accounting Business Strategy : Paper P6

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ISBN: 9780750684002 | 0750684003
Cover: Paperback
Copyright: 3/15/2007

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CIMA Exam Practice Kits consolidate learning by providing an extensive bank of practice questions. Each solution provides an in depth analysis of the correct answer and highlights why the alternatives are incorrect. CIMA Exam Practice Kits help students prepare with confidence for exam day, and to pass the new syllabus first time. * The only practice materials endorsed by CIMA * Practice applying and displaying knowledge so CIMA examiners can award you marks * Provides worked answers to fully explain the correct answer, and analysis of incorrect answers helping CIMA students avoid common pitfalls

Syllabus Guidance, Learning Objectives and Verbs	p. x
Learning Outcomes, Syllabus Content and Examination Format	p. xiii
Examination Techniques	p. xvii
Strategic Management	p. 1
Rational strategic planning	p. 1
Emergent strategies	p. 2
Incrementalism	p. 2
Freewheeling opportunism	p. 2
Questions	p. 2
Strategy development (Practice question)	p. 2
N strategic management	p. 3
Strategic management accounting	p. 4
Strategy formulation	p. 4
Environmental uncertainty	p. 4
Answers	p. 5
Strategy development	p. 5
N strategic management	p. 5
Strategic management accounting	p. 6
Strategy formulation	p. 7
Environmental uncertainty	p. 8
Mission and Objectives	p. 10
Mission	p. 10
Objectives	p. 10
Stakeholders	p. 11
Not-for-profit or organizations	p. 11
Questions	p. 12
Library missions (Practice question)	p. 12
Possible objectives (Practice question)	p. 13
Hospital stakeholders (Practice question)	p. 13
BZ	p. 13
Publicly funded	p. 14
Objectives	p. 15
School stakeholders	p. 15
Genetic code	p. 16
Eastborough	p. 16
Doctors with Wings	p. 17
Answers	p. 18
Library missions	p. 18
Possible objectives	p. 18
Hospital stakeholders	p. 19
BZ	p. 19
Publicly funded	p. 21
Objectives	p. 22
School stakeholders	p. 23
Genetic code	p. 24
Eastborough	p. 25
Doctors with Wings	p. 27
External Analysis	p. 29
PEST	p. 29
Porter's Five Forces model	p. 30
Scenario analysis	p. 30
Porter's Diamond	p. 31
Questions	p. 32
Clothing company	p. 32
PD	p. 32
E	p. 32
Five forces	p. 33
Competitor analysis	p. 33
Don Mac	p. 34
Breakland	p. 35
Budget Airlines	p. 35
Answers	p. 36
Clothing company	p. 36
PD	p. 37
E	p. 39
Five forces	p. 40
Competitor analysis	p. 41
Don Mac	p. 43
Breakland	p. 44
Budget Airlines	p. 46
Position Analysis	p. 48
The resource audit - the nine M's	p. 48
Porter's value chain	p. 49
Questions	p. 50
R	p. 50
University	p. 50
PA	p. 51
Supermarket	p. 52
Competitor benchmarking	p. 52
Answers	p. 53
R	p. 53
University	p. 53
PA	p. 55
Supermarket	p. 57
Competitor benchmarking	p. 58
Corporate Appraisal	p. 61
Gap analysis	p. 62
Questions	p. 62
T plc	p. 62
SWOTs	p. 64
Gap analysis	p. 65
Answers	p. 65
T plc	p. 65
SWOTs	p. 68
Gap analysis	p. 69
Strategic Options and Evaluation	p. 70
Porter's generic strategies	p. 70
Strategic direction - Ansoff's matrix	p. 71
Methods of strategic development	p. 72
Strategy evaluation	p. 73
Questions	p. 73
S and L	p. 73
Qualispecs	p. 74
Answers	p. 75
S and L	p. 75
Qualispecs	p. 76
Strategy in Marketing	p. 78
The marketing concept	p. 78
Boston consulting group matrix	p. 78
Strategies to achieve a competitive position	p. 79
Product life cycle	p. 79
Possible strategies for stages of product life cycle	p. 80
Questions	p. 81
Sports centre	p. 81
Marketing orientation	p. 81
Brand strategy	p. 82
GC conglomerate	p. 82
Answers	p. 84
Sports centre	p. 84
Marketing orientation	p. 85
Brand strategy	p. 86
GC conglomerate	p. 87
Strategy in IT	p. 90
Critical success factors	p. 91
Data warehousing and data mining	p. 91
Questions	p. 92
A and B strategies	p. 92
RR university	p. 93
SI organisation	p. 93
SDW	p. 95
Answers	p. 96
A and B strategies	p. 96
RR university	p. 97
SI organisation	p. 98
SDW	p. 99
Impact on the Organisation	p. 101
Types of organisational structure	p. 101
Centralisation	p. 103
Business process re-engineering	p. 103
Questions	p. 104
X restructuring	p. 104
Outsourcing	p. 104
J organisation	p. 105
Answers	p. 105
X restructuring	p. 105
Outsourcing	p. 106
J organisation	p. 107
Control and Performance Measurement	p. 109
Shareholder value analysis	p. 109
Financial assessment of divisions	p. 110
The dimensions of a service business	p. 111
Performance pyramid	p. 111
Questions	p. 112
Division X	p. 112
Destroying value	p. 114
M-HK	p. 116
Scorecard	p. 116
PAL	p. 117
RP manufacturing	p. 117
Financial scandals	p. 118
Royal Botanical Gardens	p. 119
Answers	p. 120
Division X	p. 120
Destroying value	p. 122
M-HK	p. 124
Scorecard	p. 126
PAL	p. 126
RP manufacturing	p. 128
Financial scandals	p. 129
Royal Botanical Gardens	p. 131
Case Study Questions	p. 133
Questions	p. 134
G	p. 134
FNJ and WT	p. 136
Y-Land FE	p. 139
ICS	p. 141
C	p. 144
PC airlines	p. 147
CG	p. 150
MW and FS	p. 153
ACEP	p. 155
Answers	p. 158
G	p. 158
FNJ and WT	p. 161
Y-Land FE	p. 163
ICS	p. 165
C	p. 168
PC airlines	p. 170
CG	p. 173
MW and FS	p. 175
ACEP	p. 178
May 2006 Questions and Answers	p. 184
November 2006 Questions and Answers	p. 208
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CIMA Exam Practice Kit Management Accounting Business Strategy : Paper P6

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