Forums › ACCA Forums › ACCA SBL Strategic Business Leader Forums › *** P3 December 2014 Exam was.. Instant Poll and comments ***
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- December 8, 2014 at 10:09 am #219311December 8, 2014 at 3:51 pm #219430
Lengthy …
Fingers crossedDecember 8, 2014 at 4:00 pm #219432Found it okay, couldn’t complete left 10 marks un attempted and attempted 15 marks okayish other than that exam was fair.
December 8, 2014 at 4:03 pm #219434Question 1 was very lenghty spend almost 2 hours in completing it
Attempted Q2 and Q4 but didnt write much as i was running out of time.December 8, 2014 at 4:07 pm #219435AnonymousInactive- Topics: 0
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Q1 was too long , it made doing the rest of the paper very tough. Nothing like the mock exams I’ve done. 🙁
December 8, 2014 at 4:13 pm #219438Paper was easy but lengthy although i completed 100% but wrote not much for all question just relevant.
Q 3 and Q5 were very easyDecember 8, 2014 at 4:32 pm #219442Question one was very long. Did not manage to read though all questions in reading time, which left for poor answers at the end. Only managed to write minimal amount for last question.
December 8, 2014 at 4:39 pm #219444Indeed Q1 was easy but too long, there were so many points to write down on part a ( part b not attempted). No time enough to properly spend on other two questions. I did only part b question 2 and part a question 4. Half hour more I needed 🙁
December 8, 2014 at 4:41 pm #219445AnonymousInactive- Topics: 0
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Very lengthy paper. I hope the marker understand what have been written. Attempted q1,2 &4.
December 8, 2014 at 4:44 pm #219446Yeah, I agree with the above. Q1 was long and not entirely sure I was barking up the right tree. I used BCG matrix. I answered Q1, Q3 and Q4. I was really strict on time and answered all parts of all questions. Not sure if I wrote what they were after though. Liked the regression. Wasn’t a massive fan of the value chain. Felt like I wasn’t giving enough detail.
P2 tomorrow… Oh joy -_-
December 8, 2014 at 4:50 pm #219447Q1 – quite long here’s what I did:
Part A
I) applied SWOT, BCG matrix and ashridge model
Ii) used JSW’s SAF criteria, gearing of the airport seemed extremely high
Part B
Defined bowmans strategy clock and talked about hybrid criteria, was struggling for time so I didn’t get to apply it to the scenario, but I drew the clock lol.
Q2
Part A
quite easy involved straight forward evaluation of what they were doing good and bad and recommended improvements. I talked about Process Redesign MethodologyPart B
Talked about harmons process matrix and applied 3 types of issues to it, I think I did:
Service contract – automate
Refunds – outsource
Technical support – improveQ3
So bloody hard!! Probably because I only had 30 minutes left. Defined the triple constraint but found it very hard to apply to the scenario. The BPP syllabus didn’t have anything for effective risk management to my knowledge. So I just said all risks have to be disclosed and either accepted, avoided, mitigated or transferred
Overall I think I failed!!
December 8, 2014 at 5:02 pm #219451Well, Baljit… My paper sounds identical to yours pretty much, but on Q3 I was all out of time so I just wrote down what practices in good risk management they had, and for B I just drew a triangle and wrote a couple of sentences to say that you can’t have the best of everything (time, scope, cost)… Fail!
December 8, 2014 at 5:03 pm #219452Too time pressured. Didn’t have time to do the 15 mark question on the Swim lane diagram!
Also, the 5 mark question on the regression was just impossible.
Q1 (b) on price and differentiation was impossible too. Too much too write for 10 marks but not enough points in the scenario. The scenario for question one was just too lengthy!
The swim lane diagram story didn’t make much sense and there were too many marks for the process advice! Too bad ! I’m not happy!
The paper was fair overall however the Q1 (b) put me off. There were 40 marks for Q1 (a) too much too write for a very big scenario. Too time pressured, the examiner needs to consider this when writing his questions. Not everyone has a computer to type answers like he does!
December 8, 2014 at 5:06 pm #219453I don’t think q2 (b) required a discussion of Harmon but rather just a discussion of whether the process should be outsourced or not! It wasn’t so much about Harmon but rather an in shoring vs off shoring issue
Using calculations here was the key
December 8, 2014 at 5:10 pm #219454@Baljit i wrote exactly the same stuff except Q2 part b, a bit different. Q3 you did right it was about mitigation and other things. i wrote P1 Tara and effective risk management plus a contingency plan, Part b of Q3 wrote only 3 lines, BAM, there goes my paper! Times up honey
December 8, 2014 at 5:10 pm #219455Why would you not talk about harmons matrix? The question said would you continue to outsource or bring in house, that is pretty much what the model does.
December 8, 2014 at 5:11 pm #219456Kate did you mention harmons process matrix for q2?
December 8, 2014 at 5:12 pm #219457AnonymousInactive- Topics: 0
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can anyone remember what they put down for q1 i got cashcow for the road, question mark for the warehouses, and dog for the trains.
and what roce did you calculate? i started to panic and im sure i came out with something stupid like 2.2%
i also mentioned they were relying on suppliers for short term finance. they mentioned invoice paying in the first bit so i used that in the evaluation of godiva but not sure i was just writing anything down!!
i skipped the pricing.
with question two did you recommend outsourcing or in house?
i attempted a of q4 ran out of time.
doubt ive done enough to pass, thought it was an ok paper but q1 was so lengthy i wasted a lot of time reading over and over and over.
December 8, 2014 at 5:13 pm #219458road was star and yes it was 2.2%
December 8, 2014 at 5:15 pm #219459AnonymousInactive- Topics: 0
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noooooooooooooooooooooooooooooooooooooooooo 🙁
December 8, 2014 at 5:16 pm #219460AnonymousInactive- Topics: 0
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ive deffo failed i think ive made a right mess of everything. its horrible that all studying comes dowwn to a three hour exam.
December 8, 2014 at 5:19 pm #219462this is what I did…
Q1) Group is synergy manager
used SWOT, first company is cash cow, last one question mark.
second acq.(vertical integration) was successful due to synergies used – turnover of business. here I didn’t identify bcg type.
last acq.was not, no exp.managment in different transport, cuture clash. however due to innovations and green tech.and overall market growth (attractive market) could be pushed to become a star. especially if fuel prices rise this would become alternative transport.
I was so nervous and sloppy that I will not gain all 4 prof.marks for sure.b) Godiva – horisontal integration
acceptability: all fin.KPIs lower than sector (except CR which is in line) accept.or not, depends on family’s desires (family owned comp majority)
feasibility: enough RE to acqure but i sufficent manag.expertise in-house, could be problems with culture clash…
suitability: questionable, diff.industry type, no exper.managers, but synergies could be exploited in using land and warehouses (which become expensive) and good geo.position.
But overall, acq.is risky.Q4 a) inbound, operations(old machinery) and outbond act. are weaknesses…poor location and expensive transport.
marketing – the most valuable activity…
post sale – valuabletrend – dry and moist changing positions, change in customers taste…
Q2… oh God help me 🙂
a) wrote without head and tail everything that came to my mind, such as make identification process more flexible and convenient (avoid 35% calls being terminated imm.) by using name, date of bitrh or similar. Train staff to have better accent…
b) Harmon’s matrix
contracrs – depend on complexity (automate or improve) sourc of revenue so strat.important for sure
refunds – in house- try to retain customers by offering sth.else, reingeener process,
technical – outsource to expert comp.also consider costs (in house is 2,5 times more expensive) but goid corporate image in tines of high unemployment…
God help me, I hope it will make 50…
What do you think…advise me please
Good luck to all!
December 8, 2014 at 5:19 pm #219463very very lengthy paper which made it hard for me to read properly the scenario and give answers relevant to scenario
overall paper became disaster at the end.
i think i will fail 🙁December 8, 2014 at 5:20 pm #219464Sublime you won’t have failed, stay positive I did p2 last June and thought I definitely failed but some how passed!! Chin up
December 8, 2014 at 5:22 pm #219466marija1507 sounds like you did really well, I think you’ll pass easily
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