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| Section | Objectives |
|---|---|
| Topic 1: Strategic Choice and Implementation | - Evaluating financing strategies and capital structure - Managing strategic change and transformation - Formulating business strategy and models |
| Topic 2: The Role of the Strategic Finance Leader | - Providing leadership on the strategic vision, values, and purpose of the organization - Driving strategic performance and transformation - Ensuring compliance and governance - Overseeing risk management and internal control frameworks |
| Topic 3: Strategic Analysis | - Evaluating the business ecosystem and external environment - Analyzing strategic options - Assessing strategic position and capabilities |
| Topic 4: Risk Management and Governance | - Corporate governance structures and reporting - Ethical frameworks and professional codes - Managing strategic risks |
1. - Involved in strategic initiatives and implementation of those strategies
- Reports back to board
- Involved in risk management in organisation
A) Roles of the chief executive
B) Sources of reputational risk
C) Roles of the chairman
D) Responses to unethical behaviour
2. - To be timely and reliable
- Provide goods and services to customers without disruption
- Daistruk IT needs to be available 365, 24/7 to track inventory and manage delivery
A) Roles of the chairman
B) Aim of Availability
C) Porter's value chain
D) Aim of integrity of data
3. - Size of organisation is important
- Large org. can reduce costs and prices
- Risk that lower costs = lower quality
A) Risks with Focus Strategy
B) Risks with inorganic growth
C) Risks with organic growth
D) Risks with Cost Leadership Strategy
4. Pinhole
A) Very small leaves
B) Large green leaves that may be furry and velvety
C) Tiny holes caused by food acid during prolonged storage
D) 1 Gallon
5. - Defined as the beliefs or opinions that are generally held about an organisation
- Most clearly shown in the financial risk
A) Roles of the chief executive
B) Aim of Availability
C) Methods of growth
D) Reputational Risk
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |
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