CIPS Exam Report for Learner Community: Qualification: Unit: Exam series: Professional diploma in procurement and supply PD2 - Corporate and business stratergy March 2015 Question 1 – Learning Outcome 1 Explain each of the following strategic management terms highlighting the key features that differentiate them (i) Corporate strategy (ii) Business strategy (iii) Functional/Operational strategy (9 marks) (8 marks) (8 marks) Learning Outcome(s) covered by these questions: 1.2 Command word: in this question it was “Explain” here we were looking for candidates to account for in clear terms what each of the above levels of strategy were and to differentiate between them. Examples of good content/good approaches: (1) Both explaining as well as differentiating each as called for under the question; (2) Putting in real life examples throughout the response as appropriate and in logical sequence to points made; (3) Showing a good understanding of the levels of strategy; (4) Its importance to overall effectiveness with the organisation Examples of weaker content/poorer approaches: (1) Crucially here candidates who did least well treated this answer to very short one paragraph descriptions of each level of the strategy and didn’t as a result have sufficient depth as well as scope; (2) Imbalance writing too much the differentiation as opposed to clearly explaining each level; (3) non adherence to the command word set in this question. (4) Poor explanations of Corporate strategy. Failure to recognise the “command word” associated with the question; (2) Imbalance of answers between the two aspects of the question; (3) Limited use of examples to illustrate points being made. Overall though most candidates did pass but too many candidates did so marginally leaving little wriggle room all for the reasons explained under examples of poor content and common errors above. However there were exceptions to this with some excellent responses that were balanced and contextualised well in an organisational setting, although not directly asked for was one very good way to add depth to the answers given. MARCH 2015_PD2 EXAM_REPORT_LEARNER_COMMUNITY 1/4 Leading global excellence in procurement and supply Question 2 – Learning Outcome 2 Once an organisation has identified a range of strategic options, it should evaluate each of them in an attempt to avoid costly and serious mistakes. Explain, using examples, how the following criteria could be applied to evaluate strategic options that have been developed (i) (ii) (iii) Suitability Acceptability Feasibility (9 marks) (8 marks) (8 marks) Learning Outcome(s) covered by the question: 2.4 Command word: in this question it was “Explain” ” here we were looking for candidates to account for the suitability; acceptability and feasibility factors once strategic options had been chosen with the context sentence at the start of the question highlighting the stage reached in the strategic management process. Examples of good content/good approaches to answers: (1) Commencing their response with a paragraph at most acknowledging the introductory contextualising sentence given in this question; (2) Going to explain each element under the review with almost the same degree of attention to detail; (3) Good answers were structured in the approach taken putting in credible examples to illustrate the points being made; (4) Giving a solid conclusion acknowledging the importance of this stage of the strategic management process ahead of the all important implantation phase. Examples of weaker content/poorer approaches in answers: (1) Again, as a recurring theme too many candidates failed to write to the command word down grading it to a mere descriptive answer and thus lost marks due to lack of depth and scope; (2) Over elaboration in discussing the contextualising sentence at the start of the question almost indeed in some cases to the near wipe out of explanation of suitability; acceptability and ferasibility; (3) Lack of proper understanding of this stage of the strategic management process Insufficient depth where in mattered in this question; (2) Exam technique poor evidence of structure in particular a sound introduction and a solid conclusion. As was the case in Question 1 most candidates did pass but too many candidates did so marginally leaving little wriggle room all for the reasons explained under examples of poor content and common errors above. However on a more positive note there were amongst the scripts some outstanding answers here contributing to those candidates achieving Merit grades. MARCH 2015_PD2 EXAM_REPORT_LEARNER_COMMUNITY 2/4 Leading global excellence in procurement and supply Question 3 – Learning Outcome 3 Evaluate the strategic resources that are required to support the successful implementation of corporate strategy (25 marks) Learning Outcome covered by the question (part a) was 3.2 Command word: in this question it was “Evaluate” here we were looking for candidates to judge and value the importance of resources to the successful implantation of corporate strategy. Examples of good content/good approaches to answers: (1) Recognising the impact of the command word “Evaluate” which required more than a simple explanation and required against the choices chosen to be embedded in the answers how there could be difficulties in marshalling that resource to fully support the implementation phase; (2) Putting in sufficient justification for each point being made: (3) Recognising the right balance between quantity and quality of responses to this question – this is about proper understanding of exam technique in a question that doesn’t steer on quantity and to recognise at this level talking about less with more justification and application will score more highly than talking about more with less justification and application. Examples of weaker content/poorer approaches in answers: (1) Candidates applying the command word wrongly (2) Lack of sufficient depth to each of the factors described as a result of putting in too many and ones which were quite frankly remote considerations as opposed to the more recognised ones as studied within this Unit; (3) Short responses. Failure to recognise the “command word” associated with the question. (2) Limited responses in relation to the marks on offer. Question 4 – Learning Outcome 4 Using appropriate change management theory, analyse how a strategic change could be managed and how commitments to it could be achieved (25 marks) Learning Outcome(s) covered by the question: 4.2 Command words: in this question in the command word was “analyse” which is to examine a topic and make judgements in this case how an appropriate change management theory could manage a change situation and how commitments to it could be achieved.strategic decisions determine an organisations supply chain functional strategy. Examples of good content/good approaches to answers: (1) Candidates chose to illustrate their points made with an example either from their organisation or that of another organisation named, this added greatly to the understanding they demonstrated in this question (2) Candidates used the command word correctly; (3) Reinforced within their answers that change requires to be sustained and for that what measures can be taken to secure full and sustained endorsement of it; (3) putting forward the right balance between what effectively is a two part question. Examples of weaker content/poorer approaches in answers: (1) Lack of depth & scope; (2) Command word MARCH 2015_PD2 EXAM_REPORT_LEARNER_COMMUNITY 3/4 Leading global excellence in procurement and supply ignored; (3) Over-reliance on theory with little application – giving of a credible example in support was lacking in the poor responses; (4) Poor exam technique including poor layout and structure to the answer and non use of introductions and conclusions. Failure to recognise the “command word” associated with the question. (2) Poor structure (3) Shortness of responses – lacking justifications etc., (3) Poor introductions & conclusions. MARCH 2015_PD2 EXAM_REPORT_LEARNER_COMMUNITY 4/4 Leading global excellence in procurement and supply
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