Common Exam Questions in the ACCA SBL Exam

ACCA Director Author

Common Exam Questions in the ACCA SBL Exam

Strategy

1. How does the organization's current strategy align with market trends and consumer preferences?
2. Evaluate the potential benefits and drawbacks of pursuing a diversification strategy.
3. What challenges might the organization face when aligning its operational tactics with its strategic vision?
4. How does competitive benchmarking contribute to strategic planning?
5. Discuss the potential impacts of not having a clear and coherent strategic direction.
6. How can the organization ensure its strategy remains relevant in a dynamic business environment?
7. Evaluate the role of SWOT analysis in refining strategic objectives.
8. How can the organization effectively balance short-term goals with long-term strategic objectives?
9. Discuss the potential risks of not regularly reviewing and updating the organization's strategy.
10. What are the key considerations when formulating a market entry strategy for a new region?

Governance

1. How does effective governance contribute to stakeholder trust and confidence?
2. Discuss the potential implications of a lack of transparency in governance practices.
3. How can the organization ensure its governance framework aligns with best practices and regulations?
4. Evaluate the role of non-executive directors in enhancing governance oversight.
5. What challenges might the organization face when implementing a robust governance framework?
6. Discuss the significance of ethical considerations in governance decisions.
7. Evaluate the potential impacts of conflicts of interest within the board.
8. How can the organization ensure continuous improvement in its governance practices?
9. What are the potential implications of not adhering to governance guidelines?
10. How does stakeholder engagement enhance governance effectiveness?

Risk Management

1. Evaluate the benefits and challenges of adopting a proactive approach to risk management.
2. How can the organization ensure that its risk management framework is comprehensive and updated?
3. Discuss the potential impacts of not effectively managing financial risks.
4. How can the organization leverage technology to enhance risk monitoring and reporting?
5. What are the implications of not regularly reviewing the risk profile?
6. Discuss the significance of aligning risk tolerance with strategic objectives.
7. How does effective communication play a role in risk management?
8. Evaluate the potential challenges of managing risks in a globalized business environment.
9. What are the key considerations when assessing operational risks?
10. How can the organization ensure that its employees are well-equipped to identify and manage risks?

Organisational Control and Audit

1. How can the organization ensure its internal controls are robust and effective?
2. Evaluate the role of internal audits in enhancing transparency and accountability.
3. Discuss the potential implications of weaknesses in the control environment.
4. How can the organization ensure that its audit function remains independent and unbiased?
5. What challenges might the organization face when implementing control measures in decentralized operations?
6. Discuss the significance of continuous monitoring in the control environment.
7. Evaluate the potential impacts of not regularly updating control procedures.
8. How can the organization ensure compliance with regulatory control requirements?
9. What are the key considerations when assessing the effectiveness of control measures?
10. How does feedback from external audits contribute to control improvements?

Finance in Planning and Decision-making

1. How can the organization ensure its financial strategies support its strategic objectives?
2. Discuss the potential implications of not effectively managing financial resources.
3. Evaluate the role of budgeting in financial planning and decision-making.
4. How can the organization leverage financial data to drive operational improvements?
5. What challenges might the organization face when aligning financial plans with business goals?
6. Discuss the significance of financial forecasting in resource allocation.
7. How does scenario analysis contribute to financial decision-making?
8. Evaluate the potential risks of not effectively managing working capital.
9. What are the key considerations when assessing investment opportunities?
10. How can the organization ensure its financial decisions align with stakeholder expectations?

Leadership

1. Evaluate the impact of different leadership styles on organizational culture and performance.
2. How can leaders ensure they effectively communicate the organization's vision and values?
3. Discuss the potential implications of a lack of leadership continuity.
4. How can leaders foster a culture of continuous learning and innovation?
5. What challenges might leaders face when leading a diverse and globalized workforce?
6. Discuss the significance of emotional intelligence in effective leadership.
7. Evaluate the role of leaders in driving change initiatives.
8. How can leaders ensure they remain adaptable in a dynamic business environment?
9. What are the key considerations for leaders when managing conflicts and disputes?
10. How does effective leadership contribute to stakeholder trust and confidence?

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Categories: : Strategic Business Leader (SBL)