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My tuition provider is preparing us for writing one valid point for two marks. Such as a 20 marks qstn requires 10 valid points …but every point states that what the point is and why does it matter..
Kindly tell me is the approach appropriate?I would say that in general, that approach is sound.
For example, take a question that asks you to evaluate a company’s competitive position. That would normally mean including a Porter’s 5 Forces analysis.
Therefore if the question were to tell you: “The industry in which the firm operates is highly technical”… then you would say something like:
“The highly complex nature of the business means that there are high barriers to entry and this will give the company some protection against new competition.”
If the question were to tell you: “The company sells 80% of its output to one customer”… then you would say something like:
“The company sells 80% of its output to one customer and this gives that customer the ability to apply strong buyer pressure which could cause margins to fall”
So you briefly repeat the point (so that the marker knows what you are talking about) but you then have to take it further and explain the consequences of what you have identified.
HTH
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