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ICAEW BST Models Exam with All Correct & 100% Verified Answers |Actual Complete Exam| Already Graded A+

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ICAEW BST Models Exam with All Correct & 100% Verified Answers |Actual Complete Exam| Already Graded A+

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ICAEW BST Models Exam with All Correct & 100%
Verified Answers |Actual Complete Exam| Already
Graded A+

4 levels of business planning ✔Correct Answer-1. Mission Statement (purpose, strategy, policy,
values)
2. SMART objectives
3. Corporate, business, functional
4. CSF: must do well and KPI: measures

Mendlows Matrix ✔Correct Answer-Low interest, low power: minimum effort
Low interest, high power: keep satisfied
High interest, high power: key player (involve)
High interest, low power: keep informed

PESTEL ✔Correct Answer-Political
Economic
Social
Technological
Environmental
Legal

Porter's Five Forces ✔Correct Answer-1. Barriers to entry
2. Buying power of suppliers
3. Buying power of buyers
4. Rivalry
5. Substitute products

Porter's Diamond ✔Correct Answer-1. Firms - strategy / rivalry
2. Demand conditions
3. Supporting industry
4. Factors - basic / advanced

Value Chain: Activities ✔Correct Answer-Firm infrastructure
HR management
Tech development
Procurement
Inbound logistics
Operations
Outbound logistics
Marketing and sales
Service

Value system ✔Correct Answer-1. Supplier
2. Company
3. Distributor

SWOT ✔Correct Answer-Strengths (internal)
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