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yiyang1994 wrote:For those that had the performance pyramid question. There was 3 parts, first was the performance pyramid, 2md was the an indicator for each of the financial, quality and productivity. What was the last part – does anyone remember?
Hi! It was regarding bonuses. Will it be ok to change targets from only net operating profit to partly based on profit and other 2, sorry do not recall. I guess increase in online sales and increase in overall sales.
kiran19 wrote:the last part was about bonus system.
Yes! Exactly. Number of journeys and online sales. So annoying.
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3rd time resorting today & still ran out of time. Too much to read in such a short amount of time.
Q1 Elit – KPIs, NFPIs, Brand awareness and Loyalty & Big data – didn’t think This was too bad although not sure I wrote enough content for the marks
Q2 VBM & NPV & MIRR calculation. Left this till last as I was very weak at this so didn’t really get much down for this at all
Q3 incremental budgeting again didn’t think this was too bad but I thought my second attempt wasn’t too bad scores my worst ever mark so just hoping to have done enough to scrape a pass
Just recalling question part i) did anyone mention building block model as there was a clue given about determinants and results in the scenario. But nothing was asked in the question so assuming we had to spot it and use it
If it is then missed out on easy some straightforward marks :/
In my opinion I think I was only mentioned to throw students off.. I thought about BB at 1st but then i remembered it is only used for service industry which the shops wasnt.
I just talked about the NPI and it being long term focused as the objective was to provide sustainable growth
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I seem to have same as most people. Section A was okay, section B on the schools 3E’s I found very difficult a thought second part not so bad on league tables answers seemed to be a lot of common sense.
Part C on pyramid again I wasn’t 100% confident but think I have explained myself enough. Rewards question was a bit strange I didn’t agree with any of the reward system proposals.
Left the exam 30 minutes early never a good sign but I seem to be a fast typer and always finish before everyone else!
Was the first question asking about the manipulation of NFPIs?What was a proper answer for this? Taking for the first time CBE, I did not managed to finish on time, I left the most parts of the third question (pyramid) unanswered..I just written down some ideas concerning rewards…I home the other two questions to be quite completed..finger crossed..
From what I can remember it was about if you agree with the bonus scheme proposed
Agree!!! Too much reading! If there would be 5 hours for exam, it would be easy, but now…
I think the exam was fair, however the amount of information to digest and make reasonable points in alloted time was just impossible. I left most of question 3 unanswered and unfortunately i think it will be a resit. So annoyed because it’s my last exam.
I really understand now why this exam has such a low pass rates..Where there a question about product and service quality?what did u answer there?the more I think of the exam the less I believe I have passed..
I had the aame paper. It was easy and yet i think i failed. Time management and trying to answer all embedded questions was difficult. Even structuring the answers seemed challenging to me.
Time was too short.
Focused on the Q1 and lost track of time, I had 1 hour for 2 and 3. I was already panicking.My no 1 was about budgeting, i expect to score at least half of the mark here.
My no 2 was performance pyramid, reliability of NFPIs, completion of the performance pyramid analysis and evaluating the indicators, for a and b, I didn’t quite relate it to the question, for c, i completed the delivery and quality part, i couldn’t quite complete the waste part, I don’t think I wrote well for evaluating indicators as I was already pressed for time
My no 3 was problems of league tables and evaluating VFM for school 1 and 2. I didn’t quite relate the league table question to the scenario too as I was pressed for time already, for evaluation of VFM, I was able to recommend an indicator for the 3 Es, i computed and compared to the national average and concluded based on this.
It would be so miraculous if I pass, maybe a good mark from 1, and average marks from 2 and 3. I expect a resit but still trusting God
I had the same set of questions.
However my excel spreadsheet had locked cells could not enter anything in them. Did anyone experience similar problem on question one BudgetingThe scenarios were too lengthy. Last question was difficult on performance pyramid, could not quite understand what they were really asking for there. My excel spreadsheet cells were locked, for question one, did anyone else experience same problem with their excel spreadsheet
My questions were:
1. A (i) Comments from CEO’s friends that the performance indicators were backwards looking and the use of NFPIs
A (ii) Comment on quality issues and NFPI manipulation
B. Brand awareness and loyalty
C. (i) Benefits of Unified Corp System
(ii) Big data issues2. A. If performance pyramid served 3 purposes outlined by CFO
B. Suggest PI for flex, financial and productivity
C. Change to new bonus scheme3. A. Evaluate if schools were VFM
B. League table issuesI found this exam quite difficult and was lost with the brand awareness and loyalty part. Also was unsure regarding performance pyramid, not sure I wrote enough
I disagreed that NFPI were easily manipulated. I argued financial PIs were just as easy to manipulate then went on to discuss the subjectivity of NFPI…
Did question 1c (i) relate the unified corp system with velocity volume an variety?
But was the question not asking us to justify the use of NFPIs over FPIs’ if so then the opposite of what you are saying is what they were looking for??? I stand to be corrected
Ic (i) was the benefits or unified corp system and (ii) was the issues of big data and volume, variety and velocity
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