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Could you please check and see if I deserve 4 full marks for this example?
Business risk.
Patent infringement
If the patent has been breached, there is a risk that the company may face significant legal costs and it will affect cash flow.Advertisement regulations.
There is a risk that the company could face fines and reputational damage if the company runs inappropriate advertisements.Skilled personnel.
There is a risk that if skilled personnel are lost, then development and launch of product will be delayed.Rapid growth.
There is a risk that management may struggle to deal with an increased number of operations which they need to monitor and control.I’ve read most of your replies to other students and you’ve told them to read and read and read x10 the suggested answers. I have been following your advice..
You have also told them that 1 sentence will get you 1 mark (which is what I applied in my answers above)
What i want to know now is whether i can score full marks with my approach above.
Whether you’d get full marks is totally dependent upon the precise question! If the question had been, for example “Compare business risk with the weather forecast” then I don’t think you would have scored anything at all.
Yes, one sentence, one mark. Your style is boring – every point starts with the same “There is a risk that …..” so you’ll get nothing for the excitement of your prose! But your points are valid and, so long as they are correctly targeted at the question, fine
Yes even I feel my answers are boring.
What im really worried about is whether my answers are too short n brief.
Or should i elaborate a little bit more? or would that be a waste of precious time?
Do you see my problem Sir?
I’m not exactly sure what is required of me from the examiner.
The suggested answers are so long and it is giving me the impression that I have to write more.
Yes you did say 1 sentence, 1 mark. But why is the suggested answers giving students the wrong impression?
p.s: i mean no disrespect whatsoever to the examiner that wrote the suggested answers.
Because the examiner has no time limit within which to write an answer.
Because the examiner is able to check precise references from ISAs and IASs and IFRSs
Because the examiner is providing students with a comprehensive answer that can be used as a source of knowledge for learning
Because, if the examiner were to prepare an answer to a question (that they didn’t already know the answer to – so that’s why they wrote the question), the length that could be achieved would be a fraction of the length shown in the “model answer”
Because the person that writes the answer (possibly not the examiner, but maybe a member of the marking team – I don’t know) seems to appreciate the opportunity to incorporate into their answers words and expressions that could be completely alien to a non-natural English speaker ….. and, let’s be honest here, that comment is not restricted to the non-natural English speakers
Because, it the answer were to be written within the time limit, it would invariably not include ALL possible relevant points. That then causes a problem …. a student, attempting the same question under exam conditions could well come up with a perfectly acceptable answer that includes few of the points raised in a condensed official answer. Does that make the student’s answer wrong?
You are NOT going to achieve the length, depth nor quality of the printed solutions! So give that idea up before it has chance to grow, develop and fester in your head. Alright? Don’t even BEGIN to think that your answers are inadequate
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