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| Section | Objectives |
|---|---|
| Topic 1: Strategy Development | - Strategic analysis and diagnosis
|
| Topic 2: Strategy Implementation | - Organisational change and execution
|
| Topic 3: Financial Strategy | - Investment and financing decisions
|
| Topic 4: Digital Strategy and Sustainability | - Digital transformation
|
| Topic 5: Risk Management and Governance | - Corporate governance
|
1. Summer savory
A) Use in italian sausage
B) Similar to parsley
C) Similar flavor to thyme
D) Similar shape to parsley
2. Appetizers (Bad Appetizers)
A) D
B) B
C) F
D) R
3. - Acquired company shareholders have no on-going involvement with the company
- Once they have been bough , old shareholders won't receive income in future
A) Dividend decisions for Daistruk
B) Earnout payment method
C) Share for share exchange
D) Issues with cash offer
4. *Stable dividend policy- paying a constant or constantly growing dividend each year.
*Constant payout ratio- paying out a constant proportion of equity earnings
*Zero dividend policy- all surplus earnings are invested back into the business
*residual dividend policy- a dividend is paid only if there are no further positive NPV projects available
*Ratchet Patterns- paying out a stable but rising dividend each year eg, dividends lag behind earnings
A) Dividend Policies
B) Strategic Options
C) Clientele effect
D) Signalling effect
5. - Can be slow depending on cash position of company
- Depends on how much change is embraced
- Upside risks as it is cheaper than alternatives
A) Risks with Focus Strategy
B) Roles of the chief executive
C) Risks with organic growth
D) Risks with Cost Leadership Strategy
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |
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