Thank you opentuition, i would like to ask you if i go through the notes of open tuition and the lecture notes of open tuition, are they enough to pass f1 exam?
Sir, would you please clarify me – why ‘ low capital expenditure ‘ is not taken as a potential barrier in the practice question 2? Isn’t it essential to come up with a robust capital structure for any start-up?
Low capital expenditure implied that you do NOT have to spend a lot of money on non-current assets. That makes it relatively easy to set up a business because you do not have to raise a lot of money.
High capital expenditure is a barrier to entry because you have to ensure you have enough capital to set up your factory etc.
Monopoly = you are the only supplier so you have great freedom when you set prices and decide what standard of product or service to supply.
Perfect competition = many competitors, so you have to keep roughly in line with their prices and what they offer. You have less freedom of action. If you raise prices or reduce quality your custoemrs can move to another supplier.
I had the same problem. HD seems to be automatically selected and highlighted in pink on the control bar,. I clicked on HD to deactivate and the lectures have worked fine since.
Hi Mr John..I find it difficult to differentiate between wrongful dismissal and unfair dismissal….In the context of ‘best practice’ employment protection law in which circumstances is considered unfair….A) Selection of redundancy on the basis of age…B)Incompetence C)Misconduct D)Marriage to an employee of a key competitor…..Thank you…Can you elaborate how to see the difference…
Why have you asked this under the section called “An organisation’s environment”?
Wrongful dismissal involves a breach of contract, whereas unfair dismissal involves a breach of statutory law.
Under the Employment Equality (Age) Regulations 2006 (“the Regulations”) it is unlawful to select for redundancy on the basis of age. This is an example of unfair dismissal.
Hi How Can I differentiate between wrongful dismissal and unfair dismissal? For example: In the context of ‘best practice’ employment protection law in which of the following circumstances is dismissal of an employee automatically considered unfair…A)Selection for redundancy on the basis of age B)Misconduct C)Marriage to an employee of a key competitor D)Incompetence……I am finding it so hard to see a difference between wrongful and unfair…Thank you…
Thank you opentuition, i would like to ask you if i go through the notes of open tuition and the lecture notes of open tuition, are they enough to pass f1 exam?
No: you need question practice so have to buy a revision kit/question bank from BPP or Kaplan.
I don’t think you need a text book to pass.
I need more practice questions on this paper where can I find them?
BBP practice and revision ki.
sir
study material provided by open tuition and question bank provided by acca ,both of these will be enough for clearing paper f1
sir
i try to solve the paper f1 of 2014 and found it very difficult . sir has changes has been made in the syllabus or it remains the same .
No changes as far as I remember.
but sir that paper was very very difficult
sir
is study material provided by opentution will sufficient for clearing f1 paper
No.,you need to but a revision kit/question bank from a major publisher. Our notes and lectures mean that you do not need a study text.
Thank you
thanks for your amazing lecture.
Sir, would you please clarify me –
why ‘ low capital expenditure ‘ is not taken as a potential barrier in the practice question 2?
Isn’t it essential to come up with a robust capital structure for any start-up?
Low capital expenditure implied that you do NOT have to spend a lot of money on non-current assets. That makes it relatively easy to set up a business because you do not have to raise a lot of money.
High capital expenditure is a barrier to entry because you have to ensure you have enough capital to set up your factory etc.
hello sir please could you define firm infrastructure of the porter’s value chain ?
The easiest way is to think of it as being the head office, management functions.
that is really help full !!!!!!!!!!!!
Hi Sir,
First of all thanks for your lecture… It really helps me in understanding economics… By the way could you please query about the word impediments
sentence :-
‘ Businesses should
try to build in switching costs, that is, real costs or impediments that mean that buyers
prefer to stay with existing suppliers’
i cannot undrstand the two extremes and monoply supplier
Where (ie at what time) in the lecture are you talking about ?
very beginning of porter,s 5 force, rival/competitors
Monopoly = you are the only supplier so you have great freedom when you set prices and decide what standard of product or service to supply.
Perfect competition = many competitors, so you have to keep roughly in line with their prices and what they offer. You have less freedom of action. If you raise prices or reduce quality your custoemrs can move to another supplier.
thank u
I HAD A PROBLEM WITH THE LECTURES WHEN AM STILL LISTINING IT CUT AND TWO ,THREE WORDS CUT AGAIN .SO I CANT GET IT WELL HELP.
I had the same problem. HD seems to be automatically selected and highlighted in pink on the control bar,. I clicked on HD to deactivate and the lectures have worked fine since.
Hi Mr John..I find it difficult to differentiate between wrongful dismissal and unfair dismissal….In the context of ‘best practice’ employment protection law in which circumstances is considered unfair….A) Selection of redundancy on the basis of age…B)Incompetence C)Misconduct D)Marriage to an employee of a key competitor…..Thank you…Can you elaborate how to see the difference…
Why have you asked this under the section called “An organisation’s environment”?
Wrongful dismissal involves a breach of contract, whereas unfair dismissal involves a breach of statutory law.
Under the Employment Equality (Age) Regulations 2006 (“the Regulations”) it is unlawful to select for redundancy on the basis of age. This is an example of unfair dismissal.
Hi
How Can I differentiate between wrongful dismissal and unfair dismissal? For example: In the context of ‘best practice’ employment protection law in which of the following circumstances is dismissal of an employee automatically considered unfair…A)Selection for redundancy on the basis of age B)Misconduct C)Marriage to an employee of a key competitor D)Incompetence……I am finding it so hard to see a difference between wrongful and unfair…Thank you…
as a CAT programme, how many books i should cover to be well prepared for examz! e.g F1 to
Thanks for the lectures. They are great. In the Test in chapter 3, the answer on the notes is “B”, but shouldn’t it be “C”?
Apologies. I was referring to question 3 in chapter 3
In the latest version of the notes the answer to Q3 is C. I don’t know if you’ve looked at the wrong thing or we corrected an error at some point.
good