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Hi all. Hope it went well! I found the paper rather tricky.
Q1: Was about Kaizen and ZBB. To be honest, I did write points in regards to ZBB, but I didnt specify on the product cycle part clearly. 🙁 I also couldnt complete the 6 mark part of Kaizen and ZBBQ2: this was tricky! but if concentrated well, it could be done! Due to this, I spent alot of time and had to rush into Q3.
Q3: I found this to be easy! But i am sad that I didnt have much time to elaborate much further.
Had the question with MIRR gave that a tactical swerve and just filled out the NPV table.
Felt like the exam wasn’t bad other than the VBM question, I don’t know whether I’ve done enough.
Last exam just want it out the way now!
@aysha I had similar Questions
1. Kaizen costing Incremental budget
Zero based budgeting
2. ABC calculations and ABM
3. Benchmark and financial performance indicatorsSat the afternoon variant.. did anyone else notice q1 only totalled to 40 marks and did not state what the 10 professional marks were being given for. How are you suppose to target your response when the examiner does not guide you in what skills he is looking for in this question
Q1 was kaizen costing, ZBB and incremental budgeting and use of rfid in warehouse
Q2 was service business characteristics and building blocks model – determinants and standards
Q3 was EBITDA and EVA and reward scheme
The questions were not too bad but I made all the mistakes I wasn’t supposed to – poor planning, bad time management, poorly linking the scenario to the answer, and answering what I thought was the question instead of how I was supposed to answer it.
I’ll be lucky to pass, if i pass :/
The exam was okay-ish until I got to question 3 ABC and ABM with only 30 minutes left. Tbh I just wrote about ABM and couldn’t even get to the calculation part 🙁
I don’t even know if I mixed up part A’s answer with B?!! Do they still give marks for switching the answers around?
Also, how many marks was for calcs?
In the morning exam Question 1 did you write it was worth switching to RFID technology or not worth?
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