Paper 4 Question 1: past 6 questions Key Takeaways • Evaluate PV’s marketing strategy between 2012 and 2021. • Evaluate the impact of FL’s corporate culture on the success of the business between 2015 and 2022. • Evaluate the extent to which RT’s operations strategy has supported the success of the business from 2015 to 2023. • Evaluate whether LH made the correct strategic decision to take over PS • Evaluate the extent to which leadership contributed to BV’s effective strategic management between 2009 and 2022. • Evaluate RHR’s marketing strategy between 1995 and 2021. - Always about something in the past. - Pick 2 parts of the strategy (or whatever the question asks about) and do a paragraph on each of them. - Conclusion: Decision: provide a clear answer to the question with a justification, in context. It depends on: question your decision by giving different situations that may have happened and how that could lead to a different answer. Question 2: past 6 questions Key Takeaways - Always about the future. • Advise Jimmy on the extent to which external influences will impact on the success of PV’s future business strategy. • Advise Jane on whether blue ocean strategy is the most useful approach as she attempts to diversify the business. • Advise Carlos on which approaches RT should use to develop a business strategy to achieve ‘profit through diversification’. • Advise Sanjay on an operations strategy for LH to overcome the problems it is experiencing. • Advise the Board of Directors on a marketing strategy to use when BV enters the market in country X. • Advise Carmen on whether the use of a core competence framework is sufficient to develop a successful new business strategy for RHR. - Pick 2 things to talk about (2 external influences, 2 advantages of a blue ocean, 2 approaches...depends on the question) and develop analysis / however. - Conclusion: Decision: provide a clear answer to the question with a justification, in context. It depends on: question your decision by giving different situations that may have happened and how that could lead to a different answer. Structure • P1: Key definitions from the question (K). • P2: Define what you are going to talk about (K – important, there are 3 knowledge points available, make it easy for the examiner to give you them), analyse it with advantage (L1 AN), develop that with a consequence (L2 AN), balance the argument with a however section (L3 AN). • P3: Repeat P2. • P4: Answer the question being asked (refer directly to it) and provide a justification for your view. Then provide an “it depends on” or “however” section to balance it out. Example of L3 Analysis and Evaluation • Evaluate the extent to which RT’s operations strategy has supported the success of the business from 2015 to 2023. DECISION AND JUSTIFICATION IT DEPENDS ON or HOWEVER Example of L3 Analysis and Evaluation • Advise Carlos on which approaches RT should use to develop a business strategy to achieve ‘profit through diversification’. DECISION AND JUSTIFICATION IT DEPENDS ON or HOWEVER