Paradigm Shift

How to Pass the ACA Management Information Module: Mastering Marginal and Absorption Costing

Management Information

How to Pass the ACA Management Information Module: Mastering Marginal and Absorption Costing

Understanding the differences between marginal costing and absorption costing is essential for success in the ACA Management Information module. This overview will break down the definitions, comparisons, and practical insights needed to ace this part of the syllabus and apply these concepts effectively. Marginal Cost and Marginal Costing Marginal Costing

By Paradigm Shift
How to Pass the Business Strategy and Technology Module: Ethics, Sustainability, and ESG Overview

Business Planning: Banking

How to Pass the Business Strategy and Technology Module: Ethics, Sustainability, and ESG Overview

Strategy and Ethics  Ethics and morals play a fundamental role in shaping business strategy. While morals pertain to personal principles of right and wrong, ethics involve the broader standards governing conduct within a society. Business ethics span personal behaviour, corporate conduct, and broader responsibilities encapsulated under Corporate Social Responsibility (CSR)

By Paradigm Shift
How to Pass the Business Strategy and Technology Module: Strategies for Change

Business Strategy and Technology

How to Pass the Business Strategy and Technology Module: Strategies for Change

The Need for Change The Need for an Organisation to Change or Develop  Organisations often face various triggers for change, such as: * Environmental Changes: Competitor actions, customer spending habits, legislative updates, and economic shifts. * Products or Services Evolution: Driven by customer demands, competitor strategies, and technological advancements. * Technology and Working

By Paradigm Shift