acca Flashcards

1
Q

Communicate

A

inform
persuade
clarify

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2
Q

Evaluate

A

assess
estimate
appraise

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3
Q

Commercial accumen

A

awareness
judgement
insight

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4
Q

analysis

A

investigate
enquire
consider

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5
Q

scepticism

A

Q
challenge
probe

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6
Q

report/memo

A

to, from, about, date

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7
Q

letter

A

name and addr writer
name and addr recipient
Dear Mr
Yours Faithfully

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8
Q

slides

A

rule of 7

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9
Q

layout

A

role / format / audience

task and verbs and time

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10
Q

IR

A

adds value

info available to everyone

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11
Q

porters 5 forces (analysis of industry and market)

A
supplier power
buyer power
substitute
competitive rivalry
threat of new entry
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12
Q

when evaluating performance in terms of IR

A

look at capital

human, manufacturing, financial, social

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13
Q

big data benefits

A

predictive modelling
behaviour tracking
purchasing behaviour

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14
Q

opportunities from big data

A

accurate information
segmentation (focus on specific customers)
develop and improve new products and services

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15
Q

private to public environmental issues

A

more responsible as its in the public eye

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16
Q

risks on a risk map

A

strategic, financial, environmental, business

17
Q

when comparing shareholder power

A

look at before and after

18
Q

comparing opportunities

A

work out NPV PV / 1+int rate

19
Q

big data

A

set up costs
security costs
running costs

20
Q

control weakness discussion

A

identify weakness and explain & give a recommendation

21
Q

advantages of a separate committee

A

communication, leadership, mixed membership,

22
Q

PID

A
Project objectives
anticipated benefits
scope
deliverables/outcomes
constraints
key stakeholders
project team roles
risk assessments
cost estimates
performance measures
23
Q

strategic perspective

A

SFA

24
Q

location

A

porters diamond

25
Q

factors influencing financing structure

A

risk, equity, cost of borrowing, security

26
Q

measurements of a project performance

A

expenditure, time, quality review

27
Q

cultural changes

A

stories, rituals, control systems, organisational structure and power structure

28
Q

talent management

A

attraction of individuals who add value to organisation

29
Q

IR

A

addd value to organisation

30
Q

CEO talent management

A

must be top led approach
builds a high performing workplace
management must assess what type of talent is needed

31
Q

benefits of IR

A

accessible info for everyone
building relationship with stakeholder
how to add value to operations

32
Q

looking at a proposal

A

suitable fit
acceptable fit
financially feasible

33
Q

factors enabling success in a new country

A

porters diamond