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Exam (elaborations)

BST (ICAEW) EXAM QUESTIONS AND ANSWERS GRADED A+ 2025/2026

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BST (ICAEW) EXAM QUESTIONS AND ANSWERS GRADED A+ 2025/2026

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BST (ICAEW) EXAM QUESTIONS AND
ANSWERS GRADED A+ 2025/2026




External analysis ANS PESTEL, Porter's Five Forces



Industry analysis ANS Porter's Five Forces, Industry life Cycle



Analyse resources ANS 9 Ms



Analyse competencies ANS Kay's 3 sources of core competencies



Internal strengths/weaknesses ANS 9 Ms, Kay's 3 sources, Porter's Value Chain



Competitive advantage ANS Porter's generic strategy, Porter's value chain, Porter's five
forces, Kay's 3 sources



Key activities ANS Porter's value chain, Kay's 3 sources



Risk identification ANS Classify using HOS FC, use PESTEL/Porter's five forces to help identify



Managing risk ANS TARA
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