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Dear Gromit,
I failed in june 2014 with 39 marks. Main weaknesses pointed out by my tutor during the preparatory course were :
1.Failing to write enough points for the marks on offer;
2.Points made are not detailed enough to gain a comfortable pass;
3.There is clear evidence of improper planning.What is the right approach to study now, given that I will do P3 on my own this time. Shall I read the text book initially and then move on to the revision kit?Or, rather skimming over the notes quickly and start practicing questions straight away?
Cheers
I would advise you not to read the text book. Instead, read a chapter or two of our notes then use the list that’s on the P3 part of this site to find questions relating to the chapters you read.
When doing a question, read the requirements first and underline the verbs (describe, identify etc) and think what models might be relevant.
Read the main part of the question and make notes in the margin such as ‘New entrant’, ‘Poor IT’. Remember, every detail in a question is usually given for a reason, so respond to that. Do not underline stuff as you will simply end-up with 50% of the text underlined.
Spend a minute planning your answer – just para headings, then start to write. Really explin stuff as though you were talking to a 16 year old chils with little business experience. That mean you are likely, for example, to explain what the implications of a new entrant might be rather than simply say ‘threat of new entrant’. The examiner needs to see how you interpret the information and move the question, or the company’s problems, towards a solution.
HTH
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