Standard Grade Business Management 2012

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  1. andrew_don's Avatar
    • Junior Member
    • Location: Aberdeen
    • Posts: 37
    Standard Grade Business Management 2012
    How did you all find it?

    Being without a teacher for over a year a lot of my class found the Credit very difficult - especially the question about the EU and Data Protection Act.
    Thankfully, I could employ knowledge from Modern and Computing to help me with those.

    Hope you all did well.
  2. JackE5's Avatar
    • Exalted Member
    • Posts: 372
    Re: Standard Grade Business Management 2012
    (Original post by andrew_don)
    How did you all find it?

    Being without a teacher for over a year a lot of my class found the Credit very difficult - especially the question about the EU and Data Protection Act.
    Thankfully, I could employ knowledge from Modern and Computing to help me with those.

    Hope you all did well.
    I found it do-able, the last page a couple of questions we haden't covered, but i managed to answer them. What did you get for the cash budget deficit?
  3. andrew_don's Avatar
    • Junior Member
    • Location: Aberdeen
    • Posts: 37
    Re: Standard Grade Business Management 2012
    (Original post by JackE5)
    I found it do-able, the last page a couple of questions we haden't covered, but i managed to answer them. What did you get for the cash budget deficit?
    I went to see my teacher afterwards, who is not a Bus Man teacher but covers the subject and he was raging about the questions because we briefly covered Finance and mainly did BEP and Gross/Net Profit %. I think for the Cash Budget Deficit was arguably the most challenging question for me - I went down the line of no-one spending, expenses being too high.. I'm not sure if that's right but it's the best I could conjure up at the time. What about you?
    I now realise I misread the European Union 2 marker on Q5 as it apparently said "apart from grants" at the start of it and my answer was trading in the Euro for Eurozone members and Grants.
  4. JackE5's Avatar
    • Exalted Member
    • Posts: 372
    Re: Standard Grade Business Management 2012
    (Original post by andrew_don)
    I went to see my teacher afterwards, who is not a Bus Man teacher but covers the subject and he was raging about the questions because we briefly covered Finance and mainly did BEP and Gross/Net Profit %. I think for the Cash Budget Deficit was arguably the most challenging question for me - I went down the line of no-one spending, expenses being too high.. I'm not sure if that's right but it's the best I could conjure up at the time. What about you?
    I now realise I misread the European Union 2 marker on Q5 as it apparently said "apart from grants" at the start of it and my answer was trading in the Euro for Eurozone members and Grants.
    I wrote it was when the company over spendes etc, and my teacher said that was right, so not sure. For the EU one i wrote it was a single market with no taxes or tarrifs (I got that from my modern studies exam ). Not sure if EU was correct.
  5. andrew_don's Avatar
    • Junior Member
    • Location: Aberdeen
    • Posts: 37
    Re: Standard Grade Business Management 2012
    (Original post by JackE5)
    I wrote it was when the company over spendes etc, and my teacher said that was right, so not sure. For the EU one i wrote it was a single market with no taxes or tarrifs (I got that from my modern studies exam ). Not sure if EU was correct.
    Yep - Kicking myself about no taxes! Thankfully, the EU one was in KU and I felt pretty confident that I had done well in KU so dropping a mark, albeit stupidly, there hopefully won't matter too much. It's DM I'm a bit worried about - the six marker I left til' last but my teacher reckons I did the right sort of stuff - reducing price, rebranding etc.
    I have to say, looking at Past Papers compared to today - we probably had one of the toughest papers in years because the questions were quite weird :laugh: as in, they didn't follow a typical pattern of economies of scale, pricing strategies etc.
    I'm now very glad I took Computing as I knew what to put for Data Protection - those in my class who didn't take Computing had no clue whatsoever.
  6. animelover123's Avatar
    • Benevolent Member
    • Posts: 735
    Re: Standard Grade Business Management 2012
    (Original post by andrew_don)
    Yep - Kicking myself about no taxes! Thankfully, the EU one was in KU and I felt pretty confident that I had done well in KU so dropping a mark, albeit stupidly, there hopefully won't matter too much. It's DM I'm a bit worried about - the six marker I left til' last but my teacher reckons I did the right sort of stuff - reducing price, rebranding etc.
    I have to say, looking at Past Papers compared to today - we probably had one of the toughest papers in years because the questions were quite weird :laugh: as in, they didn't follow a typical pattern of economies of scale, pricing strategies etc.
    I'm now very glad I took Computing as I knew what to put for Data Protection - those in my class who didn't take Computing had no clue whatsoever.
    Sorry to intervene, I did Business SG last Year but Data Protection Act is in the course but its just more frequently examined in Computing and Admin.
  7. n x's Avatar
    • Respected Member
    • Location: Scotland
    • Posts: 180
    Re: Standard Grade Business Management 2012
    The credit paper was quite annoying because I revised for loads of stuff that never came up e.g current ratio, acid test ratio and we got told we would have a finance section with ratios that covers about 6 marks and we never!

    The sony promotional strategy question for 6 marks got me and in the general the one about the break even point when the total revenue you had to say what number it was and it was a bit below £1500 i just wrote £1500 but went to see my teacher after it and a lot of people left it out
  8. andrew_don's Avatar
    • Junior Member
    • Location: Aberdeen
    • Posts: 37
    Re: Standard Grade Business Management 2012
    (Original post by animelover123)
    Sorry to intervene, I did Business SG last Year but Data Protection Act is in the course but its just more frequently examined in Computing and Admin.
    Yep. It was just since we hadn't had a teacher for a long time - the teacher who covered us sort of skipped stuff like Data Protection as we hadn't seen it come up in recent years and is just a very small part of the course
  9. andrew_don's Avatar
    • Junior Member
    • Location: Aberdeen
    • Posts: 37
    Re: Standard Grade Business Management 2012
    (Original post by n x)
    The credit paper was quite annoying because I revised for loads of stuff that never came up e.g current ratio, acid test ratio and we got told we would have a finance section with ratios that covers about 6 marks and we never!

    The sony promotional strategy question for 6 marks got me and in the general the one about the break even point when the total revenue you had to say what number it was and it was a bit below £1500 i just wrote £1500 but went to see my teacher after it and a lot of people left it out
    I also revised for bits of the course you would expect to get at least four marks on and they didn't come up.
    The 6 marker got me aswell but apparently what I did for it was fine enough. I also drew a line on the General to see what the BEP was and I noticed it wasn't exactly 1,500 but I just went with it anyway. There was surely no-way we were supposed to write 1,450 or something :laugh:
  10. Reecko118's Avatar
    • New Member
    • Posts: 1
    Re: Standard Grade Business Management 2012
    (Original post by andrew_don)
    How did you all find it?

    Being without a teacher for over a year a lot of my class found the Credit very difficult - especially the question about the EU and Data Protection Act.
    Thankfully, I could employ knowledge from Modern and Computing to help me with those.

    Hope you all did well.
    What did you put for question 1? I think it was the RBS one asking what type of takeover it was?
  11. andrew_don's Avatar
    • Junior Member
    • Location: Aberdeen
    • Posts: 37
    Re: Standard Grade Business Management 2012
    (Original post by Reecko118)
    What did you put for question 1? I think it was the RBS one asking what type of takeover it was?
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