Variant 3 Designed to test ability to: Competency being tested: Syllabus lead learning outcome: Task 1 Apply Big Data analytics to gathering useful Technical skills P2 D2b - discuss the risks associated information on the uses of phone cameras. with the collection and use of information. Discuss the competitive advantage that might People skills E2 A1c - explain the approaches to be obtained from collaboration on a new achieving sustainable competitive product. advantage Task 2 Advise on the use of life-cycle costing. Business skills P2 A1c - discuss techniques for enhancing long-term profits Identify the impact of a new arrangement for People skills F2 C2a - discuss the limitations of ratio accounting ratios. analysis based on financial statements … Task 3 Identify the problems associated with Leadership skills and People P2 B2a - prepare performance reports measuring the performance of the design skills for the evaluation of projected and engineering department and of individual actual performance and E2 B1b - design engineers. discuss HRM approaches for managing and controlling individual's performance Advise on the accounting issues associated Technical skills F2 B1c - discuss the provisions of with issuing stock options. relevant international accounting standards in respect of the recognition and measurement of revenue, leases, financial instruments, share-based payments and deferred taxation Task 4 Discuss the relevance of internal rate of return Technical skills P2 C1c - evaluate investment appraisal when selecting between mutually exclusive techniques and explain their results projects.
Variant 3 Designed to test ability to: Competency being tested: Syllabus lead learning outcome: Task 1 Apply Big Data analytics to gathering useful information on the uses of phone cameras. Technical skills P2 D2b - discuss the risks associated with the collection and use of information. Discuss the competitive advantage that might be obtained from collaboration on a new product. People skills E2 A1c - explain the approaches to achieving sustainable competitive advantage Task 2 Advise on the use of life-cycle costing. Business skills P2 A1c - discuss techniques for enhancing long-term profits Identify the impact of a new arrangement for accounting ratios. People skills F2 C2a - discuss the limitations of ratio analysis based on financial statements … Task 3 Identify the problems associated with measuring the performance of the design engineering department and of individual design engineers. Leadership skills and People skills P2 B2a - prepare performance reports for the evaluation of projected and actual performance and E2 B1b - discuss HRM approaches for managing and controlling individual's performance Advise on the accounting issues associated with issuing stock options. Technical skills F2 B1c - discuss the provisions of relevant international accounting standards in respect of the recognition and measurement of revenue, leases, financial instruments, share-based payments and deferred taxation Task 4 Discuss the relevance of internal rate of return when selecting between mutually exclusive projects. Technical skills P2 C1c - evaluate investment appraisal techniques and explain their results