Exam (elaborations)
CEPA Terms - Session 1: Questions With Solutions (A+)
- Course
- Institution
CEPA Terms - Session 1: Questions With Solutions (A+)
[Show more]
Content preview
CEPA Terms - Session 1: Questions With Solutions (A+)What are the 5 Leadership Concepts of the Value Acceleration Methodology?
Right Ans - 5 - Value Maturity Index
4 - Intangible Capitals
3 - Legs of the Stool
2 - Concurrent Paths
1 - Goal = Value
What are the 5 stages of the Value Maturity Index (IPBHM)? Right Ans - 1.
Identify
2. Protect
3. Build
4. Harvest
5. Manage
What are the 4 Intangible Capitals? Right Ans - 1 - Human
2 - Structural
3 - Customer
4 - Social
What are the 3 legs of the stool of a successful exit strategy? Right Ans - 1 -
Personal (planning for what comes next)
2 - Financial (ensuring owner is financially prepared)
3 - Business (maximizing transferrable value)
What are the 2 concurrent paths regarding leadership in the Value
Acceleration Methodology? Right Ans - Personal and Business
What is the one goal of the Value Acceleration Methodology? Right Ans - 1
Goal = Value!
True or False - Exit Planning is good business strategy Right Ans - True!
What is exit planning? Right Ans - An exit plan asks and answers all the
business, personal, financial, legal and tax questions involved in transitioning
a privately owned business.
It includes contingencies for illness, burnout, divorce, and death.
, Its purpose is to maximize the value of the business ahead of the time of exit,
minimize taxes, and ensure the owner is able to accomplish all his or her
personal and financial goals in the process.
What are the 4 concepts of Relentless Execution (VAAR)? Right Ans -
Vision, Alignment, Accountability, Rhythm
What is the basic formula for computing strategic value? Right Ans -
Recasted EBITDA x market multiplier = Value
or
Recasted Sales x market multiplier = Value
What is the definition of Value Acceleration? Right Ans - A proven process
that focuses on value growth and aligning business, personal, and financial
goals.
What 6 things does Value Acceleration do? Right Ans - • Integrates the
three legs into one Master Plan
• Is grounded in ACTION
• Promotes use of teams in an engaging process
• Creates a roadmap to success
• Provides owner key deliverables & metrics • Creates a Leap in Value
What are the three gates of Value Acceleration Methodology? Right Ans -
Discover, Prepare, Decide
What is a Deliverable? Right Ans - • An outcome produced by an action.
• A report, meeting, workshop, event that represents the conclusion of an
assignment, step, stage, task or action.
• It represents what the client is paying for.
• It is important that the deliverable leads the client to the next stage of work.
•Therefore, it should recommend the next stage, steps, action that the client
should take, the resources needed, and tee up your next assignment.
What are "90-DAY SPRINTS" Right Ans - A continual loop of prioritizing,
executing, measuring, reconnecting, and recalibrating every 90 days.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LeCrae. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78310 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now