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| Section | Weight | Objectives |
|---|---|---|
| Evaluate Business Ecosystem and Environment | 15–25% | - Evaluate stakeholder interests and influence - Assess industry structure and competitive forces - Analyse macro-environmental factors (political, economic, social, technological, legal, environmental) - Assess impact of digital transformation and innovation |
| Recommend Financing Strategies | 15–25% | - Assess capital structure and cost of capital - Recommend dividend, investment and financing policies - Evaluate mergers, acquisitions and divestment decisions - Evaluate funding requirements and sources |
| Evaluate and Mitigate Risk | 15–25% | - Assess risk likelihood and impact - Identify and categorise strategic, operational, financial and compliance risks - Design and evaluate risk management frameworks and controls - Recommend risk mitigation and response strategies |
| Recommend and Maintain Sound Control Environment | 15–25% | - Recommend assurance and reporting processes - Ensure compliance with laws, regulations and standards - Evaluate governance structures and ethical frameworks - Design and assess internal control systems |
| Develop Business Strategy | 15–25% | - Formulate strategic options and select appropriate strategies - Plan strategy implementation and governance - Evaluate internal and external environments - Analyse organisational mission, vision and objectives |
Dairy
- Technological factors
- Environmental issues
- Social issues
- Employees, Management
- Materials
some investors find that capital gains are more tax-efficient than dividends and some investors avoid transaction cots of their returns are delivered in the form of capital gains instead of dividends. Despite
this, investors usually prefer to receive dividends because they would rather the certain dividend now, than the promise of a uncertain dividend in the future.
Sandwiches (Nasty Sandwiches)
Five forces examines an organisations industry
*New entrants- barriers to entry?
*Power of suppliers- industry is dominated by few suppliers
*Substitutes- satisfy the same need
*power of buyers- high when there is a concentration of buyers
*Rivalry amongst competitors
Conclusion: desirable situation is where there is weak suppliers and buyers, few substitutes, high barriers to entry and little rivalry
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