ACCA - Association of Chartered Certified Accountants Strategic Business Leadership Models Questions and Answers

Question 1

A company is planning a major factory automation project.
The factory workers' union has low formal power but is highly interested in the project's impact on jobs.
According to Mendelow's Power/Interest Matrix, what is the most appropriate strategy for managing this stakeholder group?

Accepted Answer

Keep Informed

Answer

Keep Satisfied

Answer

Minimal Effort

Answer

Key Players (Manage Closely)

Question 2

According to Porter's Diamond model, which of the following determinants explains the role of home-market size and sophistication in driving competitive advantage for a nation's firms?

Accepted Answer

Demand Conditions

Answer

Factor Conditions

Answer

Firm Strategy, Structure, and Rivalry

Answer

Related and Supporting Industries

Question 3

A well-established manufacturer of premium leather shoes for adults decides to launch a new line of synthetic, casual footwear targeted at teenagers, a market segment it has not previously served. According to Ansoff's Matrix, which growth strategy is the company pursuing?

Accepted Answer

Diversification

Answer

Market Penetration

Answer

Product Development

Answer

Market Development

Question 4

A consultancy firm is using the McKinsey 7S Framework to analyse a client's organisational effectiveness. Which of the following elements would be classified as one of the 'soft' Ss?

Accepted Answer

Skills

Answer

Strategy

Answer

Structure

Answer

Systems

Question 5

A global car manufacturer is conducting a strategic analysis of the external environment. The management team is currently discussing the growing trend of city-center 'low-emission zones' and government subsidies for electric vehicles. Within a PESTEL analysis, which two factors are most prominently being considered?

Accepted Answer

Political and Environmental

Answer

Economic and Technological

Answer

Social and Legal

Answer

Technological and Social

Question 6

Which category of the Baldrige Performance Excellence Framework focuses on how an organisation engages, manages, and develops its employees to utilise their full potential in alignment with the organisation's overall mission, strategy, and action plans?

Accepted Answer

Workforce Focus

Answer

Operations Focus

Answer

Strategic Planning

Answer

Customer Focus

A company is planning a major factory automation project.The factory workers' union has low formal power but is highly interested in the project's impact on jobs.According to Mendelow's Power/Interest Matrix, what is the most appropriate strategy for managing this stakeholder group?

A company is planning a major factory automation project.
The factory workers' union has low formal power but is highly interested in the project's impact on jobs.
According to Mendelow's Power/Interest Matrix, what is the most appropriate strategy for managing this stakeholder group?