ACCA P3 Business Analysis

Sample Study Note

For exams in June2014

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 Lesco Group Limited, April 2015 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of Lesco Group Limited.

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Sample Note Content:

Main study note content [Total Pages: 162] ...................................................... 4 Product Summary .......................................................................................... 9 Live online course timetable: ......................................................................... 10 Live online note sample plan ......................................................................... 13 Corporate strategy ....................................................................................... 13 E Business .................................................................................................. 19

Please note:
This is just the sample study note extracted from the main study note in your tuition study [This tuition study note is consistent in basic/super/gold package]. There would be more chapters in the main study note covering the whole ACCA syllabus. You can also take a look at the content within the main study note below:

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Main study note content [Total Pages: 162]

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Product Summary
content Basic package Super package Gold Package Oxford Brookes BSc in Applied Accounting

ACCA HD quality super tuition videos

ACCA HD quality super revision videos

Last minute revision ACCA Live online tuition(4sessions) ACCA Live online revision(14hours) ACCA Mock exams(with tutor mark) ACCA Tutor support ACCA Electronic study note ACCA Student online forum Pass Guarantee ACCA Final revision mock exam paper ACCA Super Live online session (2030hours) ACCA Super Live online revision (Super 3 days) ACCA 1V1 Career Advice ACCA Extra exam techniques demonstration Live online mentoring

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Live online course timetable: Live session/revision for F4-P7

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*Please Note: This Timetable may be subjected to future changes. Kindly check regularly for any possible updates.

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Live online note sample plan

Live online tuition note plan for June2014 P3 Exam

[Only for super / gold package (there would be a unique plan for gold package)]

Live sessions: [2 hours/session---live online + recorded after class]: Live session1 topic: Corporate strategy+ change management+DEC2010 Q1 go through

Live session2 topic: Project Management-DEC2007 Q4 go through

Live session3 topic: Business process(June2011 Q3+DEC2011 Q2(b))

Live session4: supply chain management(pilot Q4)+ basic knowledge summary

Live revision note for June2014 P3 exam: [will be available since mid April 2014]: Live revision1+2: [There would be a separate live revision note detailing all past exam questions with answers to go through]

Corporate strategy 13 www.accaapc.com

Within corporate strategy there are 4things: 1. Vision, mission and values Vision: final destination of company, ie, be a leader in the industry. Mission: how to do that? Ie, provide high quality services. Values: core characteristics, ie, fair.

The mission would usually be documented with a mission statement: A mission statement will commonly contain the following: - Purpose of the organisation. - Overall strategy of the organisation. - The core values of the organisation.

In order to realize the mission, company would usually set lots of objectives to ensure it can meet with the mission. Objectives are more specific and seek to translate the mission into a series of mileposts for the organization to follow. So company should firstly identify what are the most important things for company to succeed(CSF) before setting any specific objectives(KPIs).

Critical success factor(CSF): 14 www.accaapc.com

Critical success factors are those elements that an organization must perform properly in order to succeed. These often link with competences. For example, punctuality for train. Customer satisfaction.

We often use balanced scorecard to help us generate into ideas of what CSFs that company should maintain:

Financial Non-financial Customers Internal Innovation and learning

Key Performance Indicator(KPI) KPIs are set to measure the CSR.

Objective[KPI] setting criteria: (SMARTIE) Specific clear statement, easy to understand; Measurable to enable control and communication down the organisation; Attainable It is pointless setting unachievable objectives; Relevant appropriate to the mission and stakeholders; Timed have a time period for achievement. Innovative come up with new ideas Environmentally friendly

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2. which industry should company go into or leave

3. portfolio of company: Parental company [step by step teaching sub; allow sub to use parents resources] Synergy creator Portfolio manager[hands off approach]

4. possible strategies: Hold Build up Harvest Divest

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But the above strategies are based on 3 theories: 1. Lifecycle theory

2. BCG matrix

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3. Ashridge Portfolio theory

High Ballast Heartland

Feel

Alien

Value trap

Low Low Benefits High

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E Business

E-business means we are doing business using internet. E-commerce means buy or sell goods using internet.

E-business and E-commerce E-business means we are doing business using internet. This would not only include automation of processes within organization using internet, but also include e-commerce. E-commerce means buy or sell goods using internet.

E-commerce forms: Business to Business B2B Business to Consumer B2C Consumer to Business C2B like freelancer. Consumer to Consumer C2C like in Ebay.

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Benefits and drawbacks of using E-business: Benefits: Increase sales revenue by marketing online; Decrease costs by linking with suppliers closely; Better information from internet to analyse data to improve further performance;

Drawbacks: Security issues; No experience; Cost of set up.

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