Sustainable Development

CR – Nov 2020 – L3 – Q4b – Sustainability Reporting

Advise BETA Company Plc on sustainability strategies to enhance their sustainability report and commitments.

Question

b. The directors of BETA Company Plc sought your opinion on sustainability strategies to be included in the company‘s sustainability report in order to advance their sustainability development in the country.

Required: Advise the Board of Directors on areas to focus on in order to deliver their sustainable development commitments. (7 Marks)

Answer

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Tags: BETA Company Plc, Corporate Governance, Sustainability Strategies, Sustainable Development
Level: Level 3

Topic: Sustainability Reporting

CSME – Nov 2023 – L2 – Q2 – Sustainability and Strategic Management

Develop a sustainable development blueprint using specific environmental and social reporting frameworks.

Question

You have been appointed as a consultant to a company manufacturing microchips in Nigeria. The company’s management and board of directors want to implement a sustainable development agenda. You have been asked to develop a blueprint of financial and environmental reporting that captures the influence of the company’s activities on the physical and social environment.

Required:

a. Define the term ‘Sustainable Development’. (1 Mark)

b. Suggest frameworks for environmental and social reporting using the following:

i. Triple Bottom Line (4 Marks)
ii. Balanced Scorecard (BSC) (4 Marks)
iii. Sustainability Assessment Model (SAM) (4 Marks)

c. What are the steps involved in implementing the SAM approach to measure a product’s performance over its entire life-cycle? (7 Marks)

Answer

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Topic: Sustainability and Strategic Management

CSME – May 2023 – L1 – SA – Q1 – Strategic Implementation

Strategies for market expansion, sustainable advantage, and industry environment for a medium-scale food processing firm.

Question

Oyinbo Industries Limited is a medium-scale enterprise involved in the processing and packaging of local (traditional) food items for the Nigerian market. Its product portfolio includes Instant Elubo Powder, Instant Pounded Yam Powder, and Instant Beans Powder, all of which have been successful in the Nigerian market. The company hopes to expand its market coverage to the United States, United Kingdom, France, Canada, and the United Arab Emirates, which are believed to be viable new markets for the products.

To achieve these goals, the company plans to strengthen its position in the Nigerian market, focusing on increasing market share, sales growth, and profitability. Recently, it expanded its product range by introducing Instant Plantain Powder, Instant Soya Beans Powder, and Garri Ijebu. The table below shows current market and sales growth for each product:

*Products introduced into the market in 2021

The company’s current market growth rate for each product is over 10%, largely due to population growth and concerns about food hygiene in open markets. Oyinbo Industries seeks to leverage this opportunity to become a leader in processed and packaged foods in Nigeria.

However, competitors are mainly cottage industries and small-scale producers who, despite limited resources, control substantial market share. These firms primarily depend on small rural farmers for raw materials, which are abundant but lack regulation.

As part of its growth plan, Oyinbo Industries intends to secure a raw material supply by acquiring farmland in Kwara State. It also aims to collaborate with a local fabricator for its processing equipment. In the next phase, the firm plans to leverage its distribution network and internal capabilities to expand market share in Nigeria and increase sales of new products. However, challenges such as frequent power outages and equipment breakdowns remain.

Required:

(a) Advise on strategies for each product that align with the company’s strategic direction using Ansoff Growth Vector Analysis. (13 Marks)
(b) Explain how to achieve sustainable competitive advantage using Michael Porter’s Six Principles. (6 Marks)
(c) Describe key business environment elements using the PESTEL framework. (6 Marks)
(d) Identify the type of integration strategy being pursued and discuss potential drawbacks. (5 Marks)

Answer

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Tags: Ansoff Matrix, Competitive Advantage, Integration Strategy, Market Growth, PESTEL Analysis, Strategic Planning, Sustainable Development
Level: Level 2

Topic: Strategic Implementation
Series: MAY 2023

CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)

Draft CSR implementation steps and highlight the importance of sustainable development to society.

Question

i) Draft a recommendation on the steps to be taken by a company in the implementation of a Corporate Social Responsibility (CSR) policy. (12 Marks)
ii) Present ‘Sustainable Development’ in a way that highlights its importance to society. (3 Marks)

Answer

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Tags: Corporate Social Responsibility, Implementation Steps, Social Impact, Sustainable Development
Level: Level 2

Topic: Corporate social responsibility
Series: MAY 2019

BMF – Nov 2023 – L1 – SB – Q5b – Basics of Business Finance and Financial Markets

explain difficulties in accounting for sustainable development.

Question

Sustainable development has been defined as the “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” A problem with accounting for sustainable development is to identify what “sustainable development” actually means.

Identify FOUR practical difficulties with this definition. (10 Marks)

Answer

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Tags: Sustainable Development
Level: Level 1

Topic: Basics of Business Finance and Financial Markets
Series: NOV 2023

CR – Nov 2020 – L3 – Q4b – Sustainability Reporting

Advise BETA Company Plc on sustainability strategies to enhance their sustainability report and commitments.

Question

Required: Advise the Board of Directors on areas to focus on in order to deliver their sustainable development commitments. (7 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: BETA Company Plc, Corporate Governance, Sustainability Strategies, Sustainable Development
Level: Level 3

Topic: Sustainability Reporting

CSME – Nov 2023 – L2 – Q2 – Sustainability and Strategic Management

Develop a sustainable development blueprint using specific environmental and social reporting frameworks.

Question

Required:

a. Define the term ‘Sustainable Development’. (1 Mark)

b. Suggest frameworks for environmental and social reporting using the following:

i. Triple Bottom Line (4 Marks)
ii. Balanced Scorecard (BSC) (4 Marks)
iii. Sustainability Assessment Model (SAM) (4 Marks)

c. What are the steps involved in implementing the SAM approach to measure a product’s performance over its entire life-cycle? (7 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Topic: Sustainability and Strategic Management

CSME – May 2023 – L1 – SA – Q1 – Strategic Implementation

Strategies for market expansion, sustainable advantage, and industry environment for a medium-scale food processing firm.

Question

*Products introduced into the market in 2021

Required:

(a) Advise on strategies for each product that align with the company’s strategic direction using Ansoff Growth Vector Analysis. (13 Marks)
(b) Explain how to achieve sustainable competitive advantage using Michael Porter’s Six Principles. (6 Marks)
(c) Describe key business environment elements using the PESTEL framework. (6 Marks)
(d) Identify the type of integration strategy being pursued and discuss potential drawbacks. (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Ansoff Matrix, Competitive Advantage, Integration Strategy, Market Growth, PESTEL Analysis, Strategic Planning, Sustainable Development
Level: Level 2

Topic: Strategic Implementation
Series: MAY 2023

CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)

Draft CSR implementation steps and highlight the importance of sustainable development to society.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Social Responsibility, Implementation Steps, Social Impact, Sustainable Development
Level: Level 2

Topic: Corporate social responsibility
Series: MAY 2019

BMF – Nov 2023 – L1 – SB – Q5b – Basics of Business Finance and Financial Markets

explain difficulties in accounting for sustainable development.

Question

Identify FOUR practical difficulties with this definition. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Sustainable Development
Level: Level 1

Topic: Basics of Business Finance and Financial Markets
Series: NOV 2023

Question Tag: Sustainable Development

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CR – Nov 2020 – L3 – Q4b – Sustainability Reporting

Advise BETA Company Plc on sustainability strategies to enhance their sustainability report and commitments.

CSME – Nov 2023 – L2 – Q2 – Sustainability and Strategic Management

Develop a sustainable development blueprint using specific environmental and social reporting frameworks.

CSME – May 2023 – L1 – SA – Q1 – Strategic Implementation

Strategies for market expansion, sustainable advantage, and industry environment for a medium-scale food processing firm.

CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)

Draft CSR implementation steps and highlight the importance of sustainable development to society.

BMF – Nov 2023 – L1 – SB – Q5b – Basics of Business Finance and Financial Markets

explain difficulties in accounting for sustainable development.

CR – Nov 2020 – L3 – Q4b – Sustainability Reporting

Advise BETA Company Plc on sustainability strategies to enhance their sustainability report and commitments.

CSME – Nov 2023 – L2 – Q2 – Sustainability and Strategic Management

Develop a sustainable development blueprint using specific environmental and social reporting frameworks.

CSME – May 2023 – L1 – SA – Q1 – Strategic Implementation

Strategies for market expansion, sustainable advantage, and industry environment for a medium-scale food processing firm.

CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)

Draft CSR implementation steps and highlight the importance of sustainable development to society.

BMF – Nov 2023 – L1 – SB – Q5b – Basics of Business Finance and Financial Markets

explain difficulties in accounting for sustainable development.

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CR – Nov 2020 – L3 – Q4b – Sustainability Reporting

Advise BETA Company Plc on sustainability strategies to enhance their sustainability report and commitments.

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CSME – Nov 2023 – L2 – Q2 – Sustainability and Strategic Management

Develop a sustainable development blueprint using specific environmental and social reporting frameworks.

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CSME – May 2023 – L1 – SA – Q1 – Strategic Implementation

Strategies for market expansion, sustainable advantage, and industry environment for a medium-scale food processing firm.

You're reporting an error for "CSME – May 2023 – L1 – SA – Q1 – Strategic Implementation"

CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)

Draft CSR implementation steps and highlight the importance of sustainable development to society.

You're reporting an error for "CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)"

BMF – Nov 2023 – L1 – SB – Q5b – Basics of Business Finance and Financial Markets

explain difficulties in accounting for sustainable development.

You're reporting an error for "BMF – Nov 2023 – L1 – SB – Q5b – Basics of Business Finance and Financial Markets"

CR – Nov 2020 – L3 – Q4b – Sustainability Reporting

Advise BETA Company Plc on sustainability strategies to enhance their sustainability report and commitments.

You're reporting an error for "CR – Nov 2020 – L3 – Q4b – Sustainability Reporting"

CSME – Nov 2023 – L2 – Q2 – Sustainability and Strategic Management

Develop a sustainable development blueprint using specific environmental and social reporting frameworks.

You're reporting an error for "CSME – Nov 2023 – L2 – Q2 – Sustainability and Strategic Management"

CSME – May 2023 – L1 – SA – Q1 – Strategic Implementation

Strategies for market expansion, sustainable advantage, and industry environment for a medium-scale food processing firm.

You're reporting an error for "CSME – May 2023 – L1 – SA – Q1 – Strategic Implementation"

CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)

Draft CSR implementation steps and highlight the importance of sustainable development to society.

You're reporting an error for "CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)"

BMF – Nov 2023 – L1 – SB – Q5b – Basics of Business Finance and Financial Markets

explain difficulties in accounting for sustainable development.

You're reporting an error for "BMF – Nov 2023 – L1 – SB – Q5b – Basics of Business Finance and Financial Markets"

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