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P3 was a very General Paper, except for the most unpredictable Question no 2, which was based on Linear Regression i guess. never bothered to even look at it
Overall the paper was good, but TIME was a major issue, took 2 hours only to get Question 1 right
Attempted almost 95%
Hoping to Pass- Topics: 0
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Q2 was so really surprising..but Q1 3 4 were manageable. Hoping to pass!!
I took one glance at q2 and moved swiftly on! Looked horrific and nothing like anything that has come up before or that we spent any sort of time on at college. Q1 was ok apart from I forgot one part of porters diamond….q4 was prob my strongest. Good luck to all! Gonna try and forget about them til results got a baby on the way more important!!
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Not understand q 3 and q 4 fully and also forget some issues in q1 , but attempt 100%, 50/50 chances….
Q1 unsure of part a) guessing I should have used PESTEL perhaps but applied this to suitability in part b?
Time pressured overall but could have been worse.
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Didn’t manage my time well, as a result i was struggling to catch up the whole time. Praying for a miracle.
I had attempted the pilot paper so got the Q2 right but then could not link the budgeting part to the scenerio
Q1 was easy and Q 4 was also easy but less points for the 4I’s were there but more on part b for meCan anyone remember part a’s requirement? Could a SWOT analysis have been used?
Which model did you use in Q3, I was not able to identify any appropriate and just made best logic comments.
I was struggling in general with this paper I just can’t seem to relate to it. I thought it was a very demanding paper, very time pressuring and I get the general idea everyone everyone leaving my hall felt the same.
I couldn’t seem to relate any business models to the questions, it felt to me like a complete “mish mash” of all different areas rolled and compressed into the questions.
As a member mentioned above, I couldn’t remember all of the elements of porters diamond, and I could not believe question 2 – I never even bothered to read it!!
Maybe I just hate this subject, but I thought it was a very strangely unfair exam.
I did as much study, prep and revision as I possibly could so nothing more i can do.
Hopefully I will have scraped a pass, but I am fully expecting to resit in June.Very best of luck to all of us and enjoy the Christmas break.
I didn’t use a model in q3 I used some elements of 7ps to give me some ideas but didn’t specifically say I was using a model, eg promotion – change the website / make it more visible / improve the brochures etc
Just a quick mention to @sazmaz1 above – congratulations on the baby – I had a baby on the way in the June sessions and now we have a beautiful girl – it all adds pressure to the studying but I wouldn’t change things for the world!
to: brian8820
Q1 a) Internal Growth; Acqusuition and Strategic alliance approach for the Company in question.to: brian8820
Q1 a was purely portfolio management, SWOT could probably work, because all the three methods had stenths and weaknessesTo marky123 – thanks so much! I’m due in June so definitely won’t be doing any exams in that session (resits or otherwise!), will have to see how I go as to when I do the next lot!
Time management may have cost me here I think. Started off on Q4 and tried to get 3 points for each of the I’s, took me far too long! Did Q3 mentioned coupled of price changes, promotions relocating the shop. Had only 3 points for long term as I struggled for time. Q1 was a nice question, part b was tough, taught 5 forces but couldnt see enough to back it up so just made a few points, Feasibility used financial information while acceptability focused on shareholders view. Porters diamond was nice, although answer as limited due to time. Expecting the worse!
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Time pressured paper. Question 2 looked more difficult at a glance. The time scale was the issue hear. Not a lot of time to think. Hopefully enough common sense marks.
Definitely agree. Very time pressured and didn’t manage to use models. Have mentioned push and pull with the website and advertising, but nothing in great details. Ignored Q2. Think Q1 was reasonable, but time pressure was too much..
Also I have straggled to have a logical approach…Although lots of logical points in the scenarios, when try to explain them all lead to same result. I was all over the place….. I hope I have done enoughDid anybody discuss the two subs(the logistic and the other) as part of the internal development and calculated some ratios as GP margins etc?
@Brian, no models. You needed to apply the factors of each type of growth to the case study, e.g Internal growth is small growth and risk adverse while acquisition is the opposite but has high expenditure etc
Thanks Pendlebury,
Applied this acceptability in part b and risk, all over the place oh well!
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