Topic: Environmental and Social Performance Management

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BMIS – Nov 2024 – L1 – Q2b- Types of Organisations

Explain three economic factors that influence opportunities or threats organizations may face.

The macro-environment contains several conditions and factors that systematically present opportunities or pose threats to organisations in their effort to gain competitive advantage. The factors in the macro-environment for the purpose of effective analysis are grouped using PEST model which represents political, economic, socio-cultural, and technological factors. Understanding these factors will influence the kind of strategies business organisations would formulate.

Required:
Explain THREE economic factors which determine the nature of opportunities or threats that organisations may face.

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PM – May 2015 – L2 – SB – Q7 – Environmental and Social Performance Management

Discuss the concept of globalisation, its impact on management information systems, and arguments against its influence on management performance

The use of internet has made the entire universe a global village. Managers can comfortably sit in their offices connected to the internet and the world wide web to obtain all necessary information for their business needs.

Required: a. Discuss the concept of globalisation and how management information systems have enhanced effective management performance. (10 Marks)
b. What arguments will you advance against globalisation as it relates to management performance? (5 Marks)

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PM – May 2024 – L2 – SB – Q4 – Environmental and Social Performance Management

Forecast sales with seasonality adjustments and regression analysis to produce cash forecasts.

Some time ago Robert launched a new product. At first, sales were good, but now the figures are causing concern. Robert wants a more accurate sales forecast to produce detailed cash forecasts.

Since there is some seasonality present in the raw data, the series for sales shown below represents the underlying trend based on an averaging process:

On average, quarters 1 and 3 are 5% and 6% respectively above trend, while quarters 2 and 4 are respectively 2% and 9% below trend.

Some preliminary calculations on the above ten observations have been carried out and the results are summarized below:

Required:
a. Forecast the sales for the next two years, adjusting for seasonality. (12 Marks)
b. Discuss the importance of seasonality adjustments in sales forecasting. (4 Marks)
c. Explain how Robert could use the sales forecasts to produce detailed cash forecasts. (4 Marks)

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BMIS – Nov 2024 – L1 – Q2b- Types of Organisations

Explain three economic factors that influence opportunities or threats organizations may face.

The macro-environment contains several conditions and factors that systematically present opportunities or pose threats to organisations in their effort to gain competitive advantage. The factors in the macro-environment for the purpose of effective analysis are grouped using PEST model which represents political, economic, socio-cultural, and technological factors. Understanding these factors will influence the kind of strategies business organisations would formulate.

Required:
Explain THREE economic factors which determine the nature of opportunities or threats that organisations may face.

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PM – May 2015 – L2 – SB – Q7 – Environmental and Social Performance Management

Discuss the concept of globalisation, its impact on management information systems, and arguments against its influence on management performance

The use of internet has made the entire universe a global village. Managers can comfortably sit in their offices connected to the internet and the world wide web to obtain all necessary information for their business needs.

Required: a. Discuss the concept of globalisation and how management information systems have enhanced effective management performance. (10 Marks)
b. What arguments will you advance against globalisation as it relates to management performance? (5 Marks)

Login or create a free account to see answers

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PM – May 2024 – L2 – SB – Q4 – Environmental and Social Performance Management

Forecast sales with seasonality adjustments and regression analysis to produce cash forecasts.

Some time ago Robert launched a new product. At first, sales were good, but now the figures are causing concern. Robert wants a more accurate sales forecast to produce detailed cash forecasts.

Since there is some seasonality present in the raw data, the series for sales shown below represents the underlying trend based on an averaging process:

On average, quarters 1 and 3 are 5% and 6% respectively above trend, while quarters 2 and 4 are respectively 2% and 9% below trend.

Some preliminary calculations on the above ten observations have been carried out and the results are summarized below:

Required:
a. Forecast the sales for the next two years, adjusting for seasonality. (12 Marks)
b. Discuss the importance of seasonality adjustments in sales forecasting. (4 Marks)
c. Explain how Robert could use the sales forecasts to produce detailed cash forecasts. (4 Marks)

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