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Always the way – every tuition provider does revision and examples of standard, gimme questions with P5F or Pestel written all over them, and obvious reasons for unacceptability. Never comes up in the exam you sit though! Same goes for all the ACCA exams!
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For Q1a) i didn’t use any model, just explain what each methods were and applied it to the case study
b) Done in a report format ans included some financial analysis but not sure if it was relevant enought
c) Tried to apply it to to the case study
also attempted Q3 – Q4 but ran out of time
Hello all,
I struggled a lot with time as well. Q3 was alright, I thought. Just worried I didn’t have enough points.The whole exam was ok, however like what some of you said, I could have worked much faster if information was given in the case, rather than generating from your own. Thinking takes time…
Got carried away answering Q.1 as well. Only had 10 minutes left to do part c…
I can’t seem to find something to write for supporting and related industry, so I just started saying how Machine shop is from a prosperous industrial country, the gov must’ve contributed to make this happen…
Someone asked about factor condition, you can actually write how the industrial country has experienced workforce.
I was especially lost on Q4.b.), write a short report to address specific concerns that victor has over the impacts technological/media change has on subscribers, on advertisers and on the financial viability if BA Times. How do you address his concerns? He’s the one who assumes people don’t have internet access and that he assumes there are people like himself who wish to remain reading from printed magazines.
I’m very worried that I didn’t write enough to pass the exam. I did ok in Q1 and 3 but struggle with Q4 b.) which still worthed 10 marks. Really don’t want to resit P3. Hope for a PASS!
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I am laughed during exam while answering Question 3, I said the best for the GHT is to open a branch of Mcdonalds and KFC this will help them with short term financing and long term financing.
bad time management.
May ALLAH pass us all Ameen.one needed to use the SFA by johnson and scholes to evaluate the 3 options i guess
OVAISLAKE
good one really liked your comments
for me this was no different paper than the previous papers i sat
its my 7th ettempt
hope to pass this time
Inshallah
u are very similar to my case…
I think this time very hard to pass.. not to dissapoint u…
this is because the paper is relatively easy. Marker will be very strict.
sry to be very pessimistic:(yes, but never know,
best of luck to all of us,
i have a similar past patern for P1 as well
Let see tomorrow on P1 also, what happens
I began with question 1 which took be 10 minutes over my schedule one hour and a half, consequently I was behind for the rest of the examination
A. Three method of growth and how it can assist in the development
(i) Organic
(ii) Acquisition
(iii) Strategic Alliance
I didn’t mention any generic advantage and disadvantage, just the fact that they have resource and competence with i and ii, iii was no-no as they do not have the know-how, experience or the resource to take this onB. Is all about using S A F to determine a potential acquisition of a company in Ceeland using a report format
C. Porters Diamond was applicable in this area to determine the industry in Ceeland and in Machine Shop’s country
Q#4
A. Four of the six “I” was applicable stating the definition and using them for the improvement of the problems
B. Don’t remember much about this part , but I think i answered it, Oh I think is was to write another reportQ#3.
A. Only answer about why the park was loosing money and then use turnaround strategy for the recommendations as the
place was in a crisis.
B. Did not have time to doDid 90% of the paper hope I did enough and the right things to pass the paper this time around
Still praying and hoping
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Have to agree with a number of comments.
I saw regression etc so didn t even reading.
Would have liked to see more variety in the paper – this one seemed heavily orientated around marketing.
Thought q3 was rubbish – effectively picking at the same knowledge twice. I cocked that up.
Q1 was pretty good question and q4 was heavily tipped so no surprises there.
Some people can be very optimistic. How can you expect to pass after attempting only 75% of the paper? I attempted about 92% of the paper and I’m still very very very worried.
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q1 was not that but there was no as such model to be applied.
q2 was surprise and i dont understand why such a question is given to explain when its already been examined in F5.
exam was time pressured and i think everyone else felt the same way.it was the worst day of my life
i had a car accident on my way to the exams , i was in shock , i was having back pain from the crush but
finally i got to the exam center with 1 hour delay
thus i only manage to do Q1 and Q3 part a and some bullet point from q4 overall i attempted 70%
i do not hope for anything!!!!
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I couldn’ t find any much models on that , simply porter diamond , 6 ‘I , I find the exam a bit more of common sense that theory , finger cross in february
I attempted this paper for the 7th time(yes SEVEN!!!!), previously I was rounding to score 41-47 in each session, this session as usual the main concern is time pressure, I did Q 1)-a & b fully, part c) was poorly done (explained the model & ball points on each country), I chose Q2) & did both parts under time pressure(40 min), & Q 4) with only interactivity & individuality was done in part a & nothing done in b.
I hope to have the magic 50 marks
I hate the ACCA exams, this the 4th time to set the exam & expect my self as affiliate, in all past three sessions I was upset, hope this time to get 50 marks in each of the night mares P7 & P3.
may Almighty Allah help meHi all, does anyone know is it a big problem if i didn’t tick chosen questions on the title page of the exam? but ticked all pages with relevant question answered
My answers for Q3
Short term
Reduce price to match competitors.
Change Marketing material from Stuffy old guy no one was interested in, to the actual gardens themselves.
Request locval newspaper runs a follow up article.
Apply for Grant from National trust/Government
Improve food in Cafe to include locally grown produce from Garden.
Tickets booked online were given a 10% discount voucher to use in CafeLonger term
Introduce season tickets at $9 Dollars. Could be proven to raise revenue.
Move Cafe back to original venue.
Open up a shop selling plants and vegtables/fruits grown in Gardens. Rotate staff between cafe and shop to improve moral.
Introduce a friends of Wessex Gardens Season ticket that included a discount for Cafe and shop.
Cancel subscription to magazine advert. Could be proven to cost money.
Have a regualr column in local newspaper about Gardening to help raise awareness.
Increase car parking space to entice more custumbers from futher afield.
Open longer nuring the winter.
Ask for volunteers to give guided tours and walks.Some otther stuff as well that I cannot remember.
Trouble was only a few of those ideas could be proven cost effective using the data provided, so not sure if I was on the right track at all.
OMG i didn apply portfolio to Q1. was it really ? portfolio managment? i thut it was more generic n financial n on acqusition n mergers and growth
Q1 wasn’t portfolio that model is for when you’re assessing an existing portfolio of products or divisions
there was no project management, it seemed more like a marketing paper, than business analysis
So I think I am not the only one who felt it was time pressured, majority thought it was.
I dont know why some people in here are saying which model to use in question 1 or even other questions..since this time they already gave the models to us to use..
q1) a) internal growth, strategic alliance and acquistion
b) SAF model given
c) porters diamond givenq4) I think this was on the 6I’s integration, individualisation…This was given again
b) maybe in here a model could have being used..but it was just advantages and disadvantages,,q3) about the garden was about marketing strategy where could have used the 7S’s model..or the 5P’s
I hope I didn’t perceive these questions wrong as it was not completely clear..
Question 1 (a) A decent evaluation on the 3 aspects asked and link back to scenario. Good 14-15 marks can score for well prepared candidate
1(b) Approach was given, had to do it logically taking each aspect, using ratios a bit, scenario linking, adv and disadv general and the portfolio manager etc concept application. 4 marks report format and can gain good marks of 22
(c) Porters Diamond mainly theory should be 6-7 marks and linkage should get rest of the marks.
2 really bad had no idea, just skipped and went to the 4th Question first
4 (a) 4 aspects given can write a few points under each and apply to scenario
(b) seemed a bit general connecting to that person’s comment and evaluation his ideas
Came to Question 3 with half hour left
(a) Didnt understand wht exactly to write but just going through the scenario suggested some raw simple suggestions and gave reason why thought so and a little but cost and revenue ups and downs calculation in the answer
(b) started writing generally about some suggestions and realied it was specifically asking for ‘marketing strategies’ when 3-4 minutes were left.. couldnt really complete and last 10 marks were mess.
In Total it was very important to keep on track of the time. Taking 3 extra booklets i made sure i write most but in time.
Completed Question 1 in 1 hour 45 mints which means 1 hour 15 mins left for last 2 questions of which last one had only 30 mins with the reading time.All the Best to everyone Around.
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