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amstax

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Active 4 years ago
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Viewing 3 posts - 1 through 3 (of 3 total)
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  • September 9, 2020 at 10:44 pm #584550
    mysteryamstax
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    Totally agree. I had a quick glance through all the questions at the beginning and I saw McKinsey 7s, ERPS and Mendelow’s – I was relived because normally they are pretty straight forward. Then when I finally got to the questions, it was the company profile that really let the questions down, especially the last one which was

    On section A, I just spent far too much time on each requirement, particularly on the performance report – I was really struggling to pick up 17 marks worth!

    APM is a total lottery, it’s so hard to plan for this exam but I totally agree that this paper was more complicated than previous papers. Not looking forward to resitting but heyho.

    September 9, 2020 at 9:19 pm #584534
    mysteryamstax
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    I just found the whole paper very strange to be honest and I’m deeply disappointed that I ran out of time. I’ve spent so long preparing for this exam and it’s looking like a resit.

    I too was running out of time during the last question, so I was trying to get down as much as I could but I just couldn’t understand what was happening with all the stakeholders involved, it really was very confusing! So no marks for that part of the question unfortunately.

    The 7s model I mentioned various points with majority of talking points around staff whereby various managers had left due to the venture and that the new business was more focused on pursuing market share vs the original company who were more driven by quality of service (financial vs non-financial). I made some reference to skills too, in that the new staff were lacking technical experience and that they didn’t really interact with the customers. Tbh I just wrote a lot of waffle, so hope I can scrap some marks for common sense!

    September 9, 2020 at 7:21 pm #584503
    mysteryamstax
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    I did CBE today and questions were as follows;

    Section A;
    – limitations of the use of solely financial performance indicators (6 marks)

    – An evaluation of the current financial report (17 marks)

    – EVA (including calculation) and it’s usefulness as a performance measure (14 marks)

    – characteristics of new e-commerce system (9 marks)

    + 4 professional marks.

    Section B;
    McKinsey 7s model
    ERPS System

    Section C;
    Mendelow’s matrix
    Joint ventures

    I spent too much time on Section A, so unfortunately a resit for me!

    For Section B, did anyone find the narrative was just too short to be able to put stuff into the Soft S model?

    Section C – had to re-read the text over and over again because I just couldn’t understand what was happening with all the stakeholders involved! Did anyone else find this unclear?!

    *sigh*

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