- This topic has 152 replies, 78 voices, and was last updated 9 years ago by
.
- Posts
Lol I think I got 12000 but I had a feeling I calculated it wrong so hopefully that was only one mark.
Maybe the examiner needs to upload some YouTube lectures. ACCA should encourage this.
- Topics: 0
- Replies: 8
- ☆
Surprise is waiting for those friends who find this paper easy. .It looks familiar but as you need to put your thoughts according to the requirements there will be obvious gap ..requirements are confusing and any expert would also need at least 30 minutes to understand those clearly in the reading time. surely there will be lot of irrelevant answers as per this examiner and pass rate will be somewhere below 25% as usual.
@lzyjzy said:
Lol I think I got 12000 but I had a feeling I calculated it wrong so hopefully that was only one mark.I recall it was:
4.2mil of additional materials
800k of marketing
400k of auditing ( or something)made 5.4mil of additional to catch up, with sale of $75 and new cost of $21* an additional 10%, meant an additional 110k units were needed to be sold to keep teh same level of profit.
Well that’s how i dealt with it.
Q1 i) The metric had to follow with the swot, in other words the metrics had to measure what the swot wanted, if they weren’t there there needed to be some kind of measurement, lots of NFPI in my eyes. It’s a dam tricky paper!
What about within the constraints that CFo had said? Like there should be only 5 measures on the dashboard?
It really was bad!@Minaa said:
I got p3 on Monday and I’m already disheartened!P3 is a good paper, very straight forward, got 40% on this last sitting and 67% on P3, it will be a breeze compared to this!
NAV1980 you are so right, this paper is really not straight forward. Those who found it easy and feel have passed are so lucky and I wish them well. Nobody enters that exam without preparing and giving their best effort. However the requirements make it almost impossible to apply any prior knowledge to the given scenario. For example, all of us know what EVA is but what did the examiner want us to do with it in the given scenario and ensure we were answering the examiner’s requirement not what we think he was asking. Having to read and re-read the requirement, then re-arrange the knowledge so as to answer the question correctly in the little time available when the clock is ticking is never easy. Despite all the effort in preparing for the P5 exam, I feel I will never pass this paper. How I regret my decision now for choosing this option even though I am aware that there are no easy options. I have now lost the will to pass P5 and it is not due to lack of knowledge, exam preparation or anything else. I have done all I can for this paper and I do not know what else left that I can do.
- Topics: 0
- Replies: 11
- ☆
:'(
- Topics: 0
- Replies: 2
- ☆
I really am disappointed. I don’t know if 15 minutes is enough to read, disect, understand question 1 let alone read the other questions. No matter how hard I try I end up with unfinished answers because of time constraints. Trying to ensure I understand the requirements takes up so much of my mind’s power to effectively respond. I know the material, yet ACCA doesn’t know that I know because exam definitely won’t prove it.
- Topics: 0
- Replies: 2
- ☆
rab22it01 I feel the same way. I am very discouraged and tired of doing this paper
@LATTY said:
I really am disappointed. I don’t know if 15 minutes is enough to read, disect, understand question 1 let alone read the other questions. No matter how hard I try I end up with unfinished answers because of time constraints. Trying to ensure I understand the requirements takes up so much of my mind’s power to effectively respond. I know the material, yet ACCA doesn’t know that I know because exam definitely won’t prove it.I was taught to read more and plan before writing, I spent nearly 30mins reading and sorting out q1 before I started writing.
I just hope that approach worked! Learning these courses at home is not easy, not being in industry won’t help either. That’s why they are at the post graduate professional level, they’re the equivalent to a masters level degree.
“What about within the constraints that CFo had said? Like there should be only 5 measures on the dashboard?
It really was bad!”I’m on my 3rd beer…
Let me walk you through my thought process (disclaimer: I’ve had 3 beers and may have got the answercompletely wrong anyway)
1. Anything over 2 metrics under design and brand awareness – won’t score – need to suggest 1 only that uses SWOT as per question or maybe suggest replacing 1 with another
2. How do you get a metric for the threat – ambassador tripping over laces – what section:
Three areas: Financial, Design, Brand awareness
So the laces must be a design issue – but what metric? Do you measure quality – but hold on, that is not design – that is a supplier quality issue that is being discussed later on in the question “qualitative impact” – and hold on a minute a quality measure won’t prevent him tripping – why has Alex Watt been specific about tripping on laces – is he saying it might not be a quality issue as he tied the shoes wrong himself and directing me to say a specific answer or is he simply leaving it to interpretation? How can you ensure quality of laces? How can a quality inspection prevent someone lacing the shoes wrong? It can’t -okay he must be trying to force me to apply the answer to the question and be really specific….
Sh*t time is ticking….if I just put down a standard metric and justify I might get the marks, or will I??!?!?
HOw on earth can you mitigate teh negative threat of product malfunction that the user could be responsible for???!?!?!
Oh hold on – Icoudl say percentage of prodcust with laces!! Oh but wait the threat is teh ambassador leaving isn’t it -t he bad publicity – so it coudl be a general threat for any MS product right? Not just shoes and laces?
Time is ticking away, need to write something…..finally what do I come up with:
“Metric: number of complaints from sports ambassadors during trial period of new products.This is to combat the threat posed by adverse publicity from sports ambassador incidents that are likely to damage the key aim to “prevent risk of injury” and maintain the current marketing strategy. BY addressing any issues prior to launch they can be offset.”
That’s got to be a good answer surely? – it shows 1. I read the scenario 2. THe metric is addresses the SWOT analysis (i.e question) 3. The metric addresses a key aim “reduce injury” and maintains the brand image and sponsorship that is how MS does its marketing – as referenced in the opening paragraph.
I.e. multiple things from the scenario from all directions, more time thinking than writing and an answer that seems to be a bit weird or unusual – rather than “number of returns from customers” or simple “improve quality” or % defects or number of compalints.
OH damn – I’ve gone over time for this question – better speed up, oh look question 3 looks easy – what I have to do is obvious…
- Topics: 0
- Replies: 1
- ☆
Agree with many comments.
Subject is ok.
Time-pressure is tough, still ok.But… the question structure infuriates. It is built to be so imprecise, that it forces to ask questions back. And as you don’t have such an advantage in exam hall, you start guessing.
The most uncertain paper and in controversy to examiner idea, it has less in common with real life situation actually.I actually wished last night that swot pestel, valye chain or 5 forces are examined.. now I’m wishing I had wished whatever was examined I just understood the requirements
- Topics: 0
- Replies: 9
- ☆
I got c100k units for breakeven in Q1. Not a lot else though! Ha.
Did you guys find there were more questions in the scenarios than within the questions at the end? Bizarre, had to keep flicking between the two to make sure I covered everything required.
Q4 was just a mish mash of requirements apart from EVA suitability.
Yep! That made me want to scream…requirements within a scenario and then you’re detracked from the main requirement….
- Topics: 0
- Replies: 6
- ☆
The problem with this exam is the time pressure. If I had another couple of hours I could maybe have taken in the scenario and had a proper think… like in real life. But… the time pressure just kills any ‘thinking time’ and you end up rushing out an answer and now feeling v depressed !
- Topics: 0
- Replies: 4
- ☆
Did the same thing. 3 operating profits then the total. I also did a break even at some point. Or mentioned it in passing basing it on several assumptions. And there i was thinking this is the last time i see an ACCA paper. ????????????
- Topics: 0
- Replies: 4
- ☆
I couldn’t have put it any better. At some point, i had to close my eyes to untangle my brain…
- The topic ‘*** P5 June 2015 Exam was.. Instant Poll and comments ***’ is closed to new replies.