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Salmiak – What calculations did you do for 4 part a?
I only did Gross and Net profit margins ????
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Unusually complex and ridiculously lengthy. Question asked were fairly straightforward but there was too much to go through and to fetch relevant information out of it no way one could attempt it 100 prcnt in given time.
Lunip – on one of the 4 possibilities I too only had a 20m loss. But I think I messed up that entire part.
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I assumed the probability of change in bidding rules 50%
@Jamie:I calculated expected value with certain cost (depending on acquisition/no acquisition,i.e 10 mio / 20 mio) and the expected outcome (contract income, efficiency benefits less acquisition cost (if so)) based on likelihood of change bidding process/ no change.
For the likelihood of change/no change I just assumed 0,5
The likelihoods of bidding success in any case were given, but not likelihood of both cases…. So I assumed (see above)
I also calculated the margins concluding that the targest must reduce administration cost (low NPM) to become more beneficial… what is difficult due to to the high redundancy costs
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I think yes
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I figured out what the last section of question 1 was asking in the last minute 5 minutes. I could kick myself I kept wondering what the examiner asking for and it is not much information given in the scenario about that section. Tears.
Q1a – was done in a briefing report format and I used PESTEL for the macroeconomic factors (I got around 14 points for 14 marks) I didn’t use Porter 🙁
For part ii I didn’t use a formal structure, however just analysed the competition including relevant ratios (gpm / npm) , I think I may have lost 6/7 marks there.
And finally for part iii I gave 2 opportunities and 2 weaknesses and concluded – hopefully that will gain me 4 professional marks and at least 2 marks on iii.
Q1b was a polava, gave 4 separate sub headings with the relevant outcomes, but was unsure what to do with the probabilities! I included the 100m exit fee which was mentioned but I feel as though I may have only gained 4/5 marks (being prudent). From the sounds of it most people found part b difficult?
My two options were Q3 and Q4 – tbh I don’t remember fully what they were, anyone able to shed some light?
Overall, exam was super time pressured, I didn’t start writing until 10.45!
Just hoping I can scrape 50 marks!
Ok thanks Salmiak.
20 marks seemed an awful lot given the requirement, I wonder how much they expected us to write.
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Yes 20 mark question just on probabilities which is disaster I doubt anyone got that right at all; I agree requirements were also very lengthy of all questions overall it was a horrible exam
terrible exam. I will not live in denial that i failed. now looking for a resit in Dec 2015. No! No! no hope of making. Wasted so much time on q1. 2hrs on one question. that was big mistake!! I should have moved on to Section B!!!
My exam strategy to be revised and remodelled for a resit in Dec 2015.
yeah… first I was also wondering about the high marks but then I saw the likelihoods and tried to calculate with any assumptions… I think the values are wrong as I was really stressed, but the logic on the wrong values could be OK 😉
Paper looked easy at first sight but when started to attempt found nothing going in my way screwed up totally don’t now what i wrote in the paper although I attempted all 3 questions but still unsure 🙁
@lunip said:
So what were we ment to put for the Bid for license by itself and not win it… Is the only thing we can put that there would be a 0.8 chance they would loose the $20m fee?I think that is right but does it not then need to be extended to say that the expected value (EV) is $16m loss. The other options too should have their EV’s calculated?
Main thing is you attempted everything, acca have to reach their quota of pass rates so I’m just hoping the boundaries will be shifted if everyone found it difficult / similar issues arose.
yes u are right how can we write that much worth 20 marks after using pestel 5 forces and swot in part a totally insane impossinble
Part b of Q1 could be in section B (option), but not in the Q1! I didn’t find that type of question in an exam kit and past exams.
a single subquestion worth 20 marks is absurd. add 5 marks more and you can have another optional questions. there were so many info to be digested for the 1st question and then when i move to second part, darnnn!!what is this?? 20 marks?? i’m screwed
I think the examiner was looking to introduce more numerical analysis…. he definately went overkill with the probabilities though.
@salmiak said:
Hi guys,I found the paper OK, even finished 5 minutes before time what makes me thinking that I missed major issues…
For Q1 I calculated that expected value is only positive if target is acquired, higher if with acquisition. In the final section my ccl was that there cannot be made any advice as substancial information: likelihood of change of bidding process, information on target is missing…
Q4 was about right strategy is differentiation by origin
Q4 wass about life cycle
… At least in my opinion 😉
Does anyone agree?
Q4 was about life cycle? Really? I don’t think so.
4a was financial performance. Required ratio analyses and explanation of the ratios
4b was about a learning organization (there is a technical article on it)
4c was about knowledge management.
4b and 4c were on People and OrganizationsThis is the first time I rate any exam as disaster. Even though I had left some of them with worse feeling than today. I understand that examiner wants to examine also our time management and working under pressure but I think there are some limits to this.
I didn’t see this paper as ‘balanced’ although BPP hinted that examiner likes to test very narrow part of syllabus for great amount of marks.
After today I wonder if this is still a business analysis paper or rather F5 with longer and more complex scenarios.
This was my 2nd attempt and I really don’t see any reason to pass.
@bushra0525 said:
The scenerio for question 1 was so difficult and confusing in so many ways..I had to end up reading it more than once to figure out what’s going on..The pestel and five forces was everywhere in scenerio and that takes a lot of time to read and plan where to put them… I was so confused and that is where my panic started..
Did everyone else find the same thing
most definitely!
i messed up this part of it. i used the 5 forces mainly for non-financial section of the competitors analysis and acquire n bid or not
but know where to fit all that info was messy.
I didnt do very well on this section of the paper
It was a disaster for me. However I would like to ask smfng, though I have used 5 forces, would porters Diamond b also a good option for 1 a (ii) ? coz it was analysis of competition in another region or country?
As I remember a lot of things about demand conditions in the home market (e.g people was fond of high speed networks + latest tech)… + related and supporting industries was mentioned in the question (mobile sellers)..
MayB its rubbish wt I am saying!
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