Subject: STRATEGIC CASE STUDY

Search 500 + past questions and counting.

SCS – Nov 2024 – L3 – Q5c – Board Independence and Accountability in Corporate Governance

Evaluation of how the governance structure at BOGML affects board independence and accountability.

Question

There are a number of concepts of good corporate governance that every entity, including BOGML, must strive to adhere to.

Required:
Provide an evaluation of how the existing corporate governance structure at BOGML may undermine or compromise the following key concepts of good corporate governance, with particular reference to the current composition and organisation of the board.

i) Independence
ii) Responsibility and accountability

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountability, Board Independence, Corporate Governance, Ethics, Governance Framework, Leadership, Responsibility
Level: Level 3

Topic: Corporate Governance
Series: Nov 2024

SCS – Nov 2024 – L3 – Q5b – Board Responsibilities in Corporate Governance

Evaluate the role of the board in corporate governance, focusing on responsibilities for strategy, oversight, and ethical leadership.

Question

The role of the board of directors is critical in corporate governance. The National Corporate Governance Code for Ghana (the National Code) issued in November 2022 outlines the board’s core responsibilities.

Required:

Advise the board of BOGML on the FIVE key responsibilities of the board of directors as outlined in the National Code.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Board Responsibilities, Corporate Governance, Ethics, Internal Controls, Risk Management, Strategic leadership
Level: Level 3

Topic: Professional practice and codes of ethics
Series: Nov 2024

SCS – Nov 2024 – L3 – Q5b – Board Responsibilities in Corporate Governance

Identify and explain the five governance pillars in the National Corporate Governance Code for Ghana 2022.

Question

It is evident that all is not well with the current corporate governance at BOGML. However, for the company to achieve sustainable growth and remain competitive, it must adhere to sound corporate governance principles.

Required:

Using the FIVE governance pillars identified in the National Corporate Governance Code for Ghana 2022 (the National Code), issued in November 2022 by the Institute of Directors-Ghana, advise the company on how to improve upon its current governance structure.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Governance, Ethics, Internal Controls, Leadership, Risk Management, Social responsibility, Stakeholders, Transparency
Level: Level 3

Topic: Ethics and social responsibility
Series: Nov 2024

SCS – Nov 2024 – L3 – Q4c – Forward Rate Agreement for Interest Rate Risk Management

Calculation of settlement amount for FRA under different Ghana Reference Rate (GRR) scenarios.

Question

The company has decided to use a Forward Rate Agreement (FRA) to manage its interest rate risk likely to arise from the short-term loan of GH¢15 million it intends to borrow in three months for a period of six months.

Required:

i) What is the purpose for a company to enter into an FRA arrangement? (2 marks)

ii) Calculate the amount of money that will be paid to settle the FRA at the beginning of the FRA period if, at the end of month 3, when the FRA becomes effective, the six-month Ghana Reference Rate (GRR) is as follows:

a) 37.50%
b) 28.50%

In each case, clearly state the party (i.e. FRA buyer or FRA seller) responsible for making the payment.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Financial management, Forward Rate Agreement, Hedging, Interest Rate Risk, Risk Mitigation, Short-Term Borrowing
Level: Level 3

Topic: International financial management
Series: Nov 2024

SCS – Nov 2024 – L3 – Q4b – International Tax Considerations

Key tax issues for BOGML’s planned international expansion to minimize total group tax payable.

Question

The company is planning to expand its operations to Tanzania and South Africa in 2026. As a result, transactions between the head office in Ghana and the prospective foreign subsidiaries will likely take place, leading to potential international tax implications.

Required:

Briefly identify and explain TWO key issues to consider for the company to minimise total tax payable on the group profits.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Foreign subsidiary, Global Expansion, International Taxation, Tax Planning, Tax Risk, Transfer Pricing
Level: Level 3

Topic: International financial management
Series: Nov 2024

SCS – Nov 2024 – L3 – Q4a – Capital Budgeting Framework

Explanation of the five key elements in the capital budgeting framework for investment appraisal.

Question

One of the Board members, Dr. Halimatu Sadia, has expressed concerns regarding Dr. Ayimadu Baffour’s consistent failure to conduct investment appraisals and capital budgeting when making long-term investment decisions.

Required:

Advise Dr. Ayimadu Baffour on the capital budgeting and strategic planning framework used for conducting investment appraisals by briefly outlining the FIVE key elements of the framework.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Capital Budgeting, Decision Making, Financial management, Investment Appraisal, Strategic Planning
Level: Level 3

Topic: Investment Decisions
Series: Nov 2024

SCS – Nov 2024 – L3 – Q3a-b – SBUs and Growth Phases

Evaluate BOGML’s SBUs using Ashridge Matrix and analyse growth phases with Greiner’s Model.

Question

a) The company has presented information on the various products and services (i.e. the strategic business units (SBUs)) within the company’s portfolio.

Required:
Using Ashridge Portfolio Display Matrix and based on the performance of each SBU, clearly classify and explain the products and services under appropriate categories identified by the matrix. Support your answer with Ashridge Portfolio Display Matrix.

b) Since its inception, BOGML has grown organically and has gone through different stages of development in response to the challenges of growth and changes in both its internal and external environments. The company is currently under pressure to continue evolving.

Required:

i) Identify and describe the first two phases of growth applicable to BOGML based on Greiner’s Growth Model. In your explanation, include the type of crisis the company faced at each phase.

ii) The board has proposed appointing Regional Managers who will be responsible for the sales performance of the company’s filling and gas stations in their regions. If this proposal is implemented, it will move the company to the next phase in Greiner’s Growth Model. Identify and explain what this next phase is, and describe the potential crisis that may arise at this stage.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Ashridge Portfolio, Business Portfolio, Delegation Phase, Greiner’s Growth Model, Growth Crisis, Leadership Crisis, Organizational Structure, Strategic Business Units
Level: Level 3

Topic: Methods of Development, Strategy implementation
Series: Nov 2024

SCS – Nov 2024 – L3 – Q2b – Integration/Responsiveness Matrix and Cost Reduction

Advising BOGML’s MD on the best international strategies under the IR Matrix to achieve cost reduction in expansion.

Question

The Board of BOGML has approved the Managing Director’s proposal to expand operations into Tanzania and South Africa by 2026. A key strategic focus of the company has been cost reduction, due to the narrow profit margins prevalent in the industry.

Required:
Using the Integration/Responsiveness (IR) Matrix, advise Dr. Ayimadu Baffour on the two most suitable international strategies/choices that have a low requirement for local responsiveness but can effectively support his cost reduction objectives. Clearly identify and explain the two strategies within the IR Matrix that prioritize cost reduction.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost reduction, Global Strategy, Integration/Responsiveness Matrix, International Strategy, Multinational Strategy
Level: Level 3

Topic: International financial management, Strategy implementation
Series: Nov 2024

SCS – Nov 2024 – L3 – Q2a – Approaches to Risk Management

Discusses risk management approaches to address identified risks in BOGML.

Question

Approaches to risk management in BOGML – Advice to the board of directors

The following are the risk management approaches that the board of BOGML can adopt to manage the following risks identified in the company:

Risk A

Description: Low probability but high impact, e.g., pandemics, natural disasters.
Approach: Risk Transfer or Risk Sharing
Since this risk has a low likelihood of occurring but can result in severe financial losses, the company should consider transferring this risk or sharing risk. This can be done through the company taking full or partial (i.e. sharing of risk) insurance policies specifically designed for catastrophic events, such as business interruption insurance, pandemic insurance, or property insurance that covers natural disasters. Since the impact will be high when the risk occurs, the company can take insurance to pass on the high impact on the company to the insurance company which has to compensate BOGML in the event that the risk does occur.
The risk could also be shared through BOGML forming partnerships and collaborating with other OMCs to undertake investment in their oil stations.
The company should also develop a disaster recovery and business continuity plan to manage potential impacts effectively.

Risk B

Description: High likelihood but low financial impact, e.g., labor turnover and software downtime due to internet instability.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Continuity, Business Planning, Disaster Recovery, Financial risk, Insurance, Risk Management, Strategic Risk
Level: Level 3

Topic: International financial management
Series: Nov 2024

SCS – Nov 2024 – L3 – Q1b – Digital Challenges in Accounting

Discuss the challenges of digital transformation in accounting, covering cybersecurity, compliance, and ethical concerns.

Question

In the contemporary business landscape, the integration of digital technologies presents multifaceted challenges for accounting professionals, particularly in the areas of digital transition, cybersecurity, regulatory compliance, and ethical decision-making. Explain each of these challenges.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cybersecurity, Digital Transition, Ethical Dilemmas, Financial Reporting, Regulatory Compliance
Level: Level 3

Topic: Cybersecurity, Ethics, Regulatory Compliance

SCS – Nov 2023 – L3 – Q3 – Functional Strategies

Identifying and explaining factors that contribute to the effectiveness of shared management teams in improving organizational performance.

Question

The approach to leadership and management that NSL has adopted in managing the business is one of working closely as a team to get work done. This is often referred to as shared management teams. In shared management teams, management responsibility is distributed between individuals in a team or organization in such a way that the members of the team manage each other.

Required:
Research into shared management teams has identified several factors that contribute to the effectiveness of such a team and its ability to improve performance. Identify and explain FIVE (5) of those factors in relation to NSL.
(10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Organizational Performance, Shared Management, Teamwork
Level: Level 3

Topic: Functional strategies
Series: NOV 2023

SCS – March 2023 – L3 – Q3 – Competitive advantage

Discusses the pros and cons of mergers and acquisitions and uses SWOT analysis to evaluate the business strategy

Question

LCH is facing very stiff competition from both public and private health facilities. You have suggested that LCH consider either acquisition or mergers or both as a strategic move to survive in the industry.

a) Discuss FIVE (5) advantages and FIVE (5) disadvantages of a decision to consider acquisition and merger as a survival strategy.
(10 marks)

b) Using SWOT analysis, identify and discuss key factors that might affect LCH’s business strategy.
(10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Acquisitions, Business Strategy, Healthcare, Mergers, SWOT Analysis
Level: Level 3

Topic: Competitive Advantage
Series: MAR 2023

SCS – March 2023 – L3 – Q2 – Strategy, stakeholders, and mission

Uses the 4Ps of marketing mix and competitive environment to evaluate the feasibility of adopting telemedicine.

Question

According to the Technical Advisor of the Board of Directors, Telemedicine, the remote diagnosis and treatment of patients by means of telecommunications technology is the way to go. This proposal has been subjected to a basic marketing feasibility analysis.

Required:
Using 4Ps of the marketing mix and the competitive environment that LCH operates, explain the factors to be taken into consideration when deciding on whether to adopt the proposal to move into Telemedicine.
(10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: 4Ps, Competitive Environment, Feasibility Study, Marketing Mix, Telemedicine
Level: Level 3

Topic: Strategy, stakeholders, and mission
Series: MAR 2023

SCS – Nov 2023 – L3 – Q2 – Methods of Development

NSL's adoption of backward and forward vertical integration through farming and retailing in Kumasi.

Question

Although the company’s core business is the production of shito, it has diversified into farming/cultivating some of its inputs and is also contemplating the idea of retailing shito to customers by renting gondola in supermarkets in Kumasi by 2025.

Required:
a) Clearly identify and explain the integration strategy the company is adopting by going into cultivating some inputs and the proposal to go into retailing in Kumasi.
(2 marks)

b) Explain to the Martinsons FOUR (4) potential weaknesses or disadvantages the company may or is likely to suffer with the integration strategy identified in (a) above.
(8 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Backward Integration, Diversification, Forward Integration, Vertical Integration
Level: Level 3

Topic: Methods of Development
Series: NOV 2023

SCS – March 2023 – L3 – Q1 – Ethics and social responsibility

Explains the importance of good ethical behavior for accountants and reasons for the public’s high expectations from the accountancy profession.

Question

a) At LCH, the Financial Accountant and the Internal Auditor have been designated as Ethics Focal Persons (EFP) to raise awareness of good ethical behavior among the staff.
As a student of ethics, explain FIVE (5) reasons why good ethical behavior (study and application of ethics) is important to today’s Accountant.
(5 marks)

b) The general public has high expectations of the accountancy profession and the idea of an ethical profession should be reinforced in their minds.
State THREE (3) reasons why the general public has high expectations of the accountancy profession to ensure good corporate governance practices.
(5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Governance, Ethics, Professional Conduct, Public Expectations
Level: Level 3

Topic: Ethics and social responsibility
Series: MAR 2023

SCS – Nov 2023 – L3 – Q1b – Competitive advantage

Application of Johnson and Scholes’ six-step approach to achieve competitive advantage in the Shito industry.

Question

Mr. Martinson highlights the company’s CSFs to include lasting customer satisfaction, consistent taste, unrivaled quality, operational efficiency, and compliance with regulatory requirements. These are very essential considering the highly competitive environment within which NSL operates.

Required:
Using Johnson and Scholes’ six-step approach to using CSFs, explain the six-step approach NSL could employ to effectively achieve competitive advantage in the Shito industry.
(10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Competitive Advantage, CSFs
Level: Level 3

Topic: Competitive Advantage
Series: NOV 2023

SCS – Nov 2023 – L3 – Q1a – Professional practice and codes of ethics

Understanding various models of professional accountant-client relationships and the roles of both parties.

Question

NSL outsourced some aspects of the finance function to a professional accounting firm. A misunderstanding about the relationship that does or should exist between a professional accountant and a client led to disagreements between the accounting firm and the management team over some financial reporting issues. An attempt by management to interfere with the work of the accounting firm was firmly resisted.

Required:
State and explain THREE (3) out of the FOUR models that describe a professional accountant-client relationship, clearly indicating whether NSL or the professional accounting firm has most authority and responsibility for final decision-making.
(10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Client Relationship, Decision Making, Professional Accountant, Responsibility
Level: Level 3

Topic: Professional practice and codes of ethics
Series: NOV 2023

Subject: STRATEGIC CASE STUDY

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

SCS – Nov 2024 – L3 – Q5c – Board Independence and Accountability in Corporate Governance

Evaluation of how the governance structure at BOGML affects board independence and accountability.

You're reporting an error for "SCS – Nov 2024 – L3 – Q5c – Board Independence and Accountability in Corporate Governance"

SCS – Nov 2024 – L3 – Q5b – Board Responsibilities in Corporate Governance

Evaluate the role of the board in corporate governance, focusing on responsibilities for strategy, oversight, and ethical leadership.

You're reporting an error for "SCS – Nov 2024 – L3 – Q5b – Board Responsibilities in Corporate Governance"

SCS – Nov 2024 – L3 – Q5b – Board Responsibilities in Corporate Governance

Identify and explain the five governance pillars in the National Corporate Governance Code for Ghana 2022.

You're reporting an error for "SCS – Nov 2024 – L3 – Q5b – Board Responsibilities in Corporate Governance"

SCS – Nov 2024 – L3 – Q4c – Forward Rate Agreement for Interest Rate Risk Management

Calculation of settlement amount for FRA under different Ghana Reference Rate (GRR) scenarios.

You're reporting an error for "SCS – Nov 2024 – L3 – Q4c – Forward Rate Agreement for Interest Rate Risk Management"

SCS – Nov 2024 – L3 – Q4b – International Tax Considerations

Key tax issues for BOGML’s planned international expansion to minimize total group tax payable.

You're reporting an error for "SCS – Nov 2024 – L3 – Q4b – International Tax Considerations"

SCS – Nov 2024 – L3 – Q4a – Capital Budgeting Framework

Explanation of the five key elements in the capital budgeting framework for investment appraisal.

You're reporting an error for "SCS – Nov 2024 – L3 – Q4a – Capital Budgeting Framework"

SCS – Nov 2024 – L3 – Q3a-b – SBUs and Growth Phases

Evaluate BOGML’s SBUs using Ashridge Matrix and analyse growth phases with Greiner’s Model.

You're reporting an error for "SCS – Nov 2024 – L3 – Q3a-b – SBUs and Growth Phases"

SCS – Nov 2024 – L3 – Q2b – Integration/Responsiveness Matrix and Cost Reduction

Advising BOGML’s MD on the best international strategies under the IR Matrix to achieve cost reduction in expansion.

You're reporting an error for "SCS – Nov 2024 – L3 – Q2b – Integration/Responsiveness Matrix and Cost Reduction"

SCS – Nov 2024 – L3 – Q2a – Approaches to Risk Management

Discusses risk management approaches to address identified risks in BOGML.

You're reporting an error for "SCS – Nov 2024 – L3 – Q2a – Approaches to Risk Management"

SCS – Nov 2024 – L3 – Q1b – Digital Challenges in Accounting

Discuss the challenges of digital transformation in accounting, covering cybersecurity, compliance, and ethical concerns.

You're reporting an error for "SCS – Nov 2024 – L3 – Q1b – Digital Challenges in Accounting"

SCS – Nov 2023 – L3 – Q3 – Functional Strategies

Identifying and explaining factors that contribute to the effectiveness of shared management teams in improving organizational performance.

You're reporting an error for "SCS – Nov 2023 – L3 – Q3 – Functional Strategies"

SCS – March 2023 – L3 – Q3 – Competitive advantage

Discusses the pros and cons of mergers and acquisitions and uses SWOT analysis to evaluate the business strategy

You're reporting an error for "SCS – March 2023 – L3 – Q3 – Competitive advantage"

SCS – March 2023 – L3 – Q2 – Strategy, stakeholders, and mission

Uses the 4Ps of marketing mix and competitive environment to evaluate the feasibility of adopting telemedicine.

You're reporting an error for "SCS – March 2023 – L3 – Q2 – Strategy, stakeholders, and mission"

SCS – Nov 2023 – L3 – Q2 – Methods of Development

NSL's adoption of backward and forward vertical integration through farming and retailing in Kumasi.

You're reporting an error for "SCS – Nov 2023 – L3 – Q2 – Methods of Development"

SCS – March 2023 – L3 – Q1 – Ethics and social responsibility

Explains the importance of good ethical behavior for accountants and reasons for the public’s high expectations from the accountancy profession.

You're reporting an error for "SCS – March 2023 – L3 – Q1 – Ethics and social responsibility"

SCS – Nov 2023 – L3 – Q1b – Competitive advantage

Application of Johnson and Scholes’ six-step approach to achieve competitive advantage in the Shito industry.

You're reporting an error for "SCS – Nov 2023 – L3 – Q1b – Competitive advantage"

SCS – Nov 2023 – L3 – Q1a – Professional practice and codes of ethics

Understanding various models of professional accountant-client relationships and the roles of both parties.

You're reporting an error for "SCS – Nov 2023 – L3 – Q1a – Professional practice and codes of ethics"

Our offerings

Contact Info

Customer

Get In Touch

admin