Hi Sir Ken!
Lack of time in P3 has usually been quoted. Sometimes even one sentence explanation can eat a lot of time when added all together. I'm just wondering when do we need to define something or when do we just apply it to the case?
An awful lot of time can be wasted in explanation especially when the marker is not expecting for one.
Hope to hear from you soon.
Best regards,
Kyle
Ask the Tutor ACCA SBL
When is there a need to define?
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Not sure what you mean by 'define', but the emphasis in P3 is using models, not explaining them. So if, for example, you were using Porter's 5 forces, do not explain what is meant by a substitute, just describe those that might be around and their possible impact.
I meant the definition of terms eg. descriptions for each of the prinary activities of the VCA perhaps rather than just applying it to the case providing case examples etc.
Thanks Sir Ken for all the advises! God bless!
Best regards,
Kyle
No, just apply.
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