Edexcel A2 Business exam - Unit 4 thread (22nd June 2016)

Sorry to here about your teacher, i've had problems in the past like that before my most recent teacher quit.

Unit 3 went ok-ish for me, but if I want to pull my overall score from this year up i'm going to have to do well on Wednesday. Thanks for asking

I don't actually have an account skype but if you want to keep chatting here or PM me that's fine

Do you have the official a2 revision guide for this year? It's been really helpful for all the term definitions.

I'm personally about to die from all the maths i'm having to do, ARR is so annoying.

Edit: Forget what I said about ARR, it's nothing compared to net present value and discounted cash flow, ugh.

Yeah all these maths things are annoying, luckily I did a decision maths module for A level which includes everything like CPA.

What official guide? I literally didn't think there was one.. can't find it anywhere.

Look on youtube for good explanations on NPV. Can imagine it being hard w/o a teacher but it mainly involves multiplying out the NPV (which you'll be given). But the important things about it is that it takes in account the time value for money (inflation, devaluation ect) and therefore shows you what your return on your investment will be worth in terms of today's value of money.

hope that clears it up a bit.. but remember, the whole exam will be on NB and I highly doubt they'll ask things like CPA as it's not on the pre release (the years where it came up they gave a table with activities). Might be wrong though... we all know edexcel

Yeah all these maths things are annoying, luckily I did a decision maths module for A level which includes everything like CPA.

What official guide? I literally didn't think there was one.. can't find it anywhere.

Look on youtube for good explanations on NPV. Can imagine it being hard w/o a teacher but it mainly involves multiplying out the NPV (which you'll be given). But the important things about it is that it takes in account the time value for money (inflation, devaluation ect) and therefore shows you what your return on your investment will be worth in terms of today's value of money.

hope that clears it up a bit.. but remember, the whole exam will be on NB and I highly doubt they'll ask things like CPA as it's not on the pre release (the years where it came up they gave a table with activities). Might be wrong though... we all know edexcel

Here's the link to the revision guide on amazon
https://www.amazon.co.uk/Revision-Guide-Level-Business-Studies/dp/1905504853

I've been using it all year to learn all the modules and key terms, it's split by unit 3 and unit 4.

Thanks for the advice it was very helpful

Hopefully who ever wrote this years paper for Edexcel won't have been to horrid about the contents lol

I think the 30 marker will be: Evaluate NB’s decision to basemanufacturing in Flimby (and not in Asia)
20 marker: Something about Human Resource competitiveness because there is so much in the case study about increase in labour productivity, shortening lead times, low labour turnover

I'm surprised a lot of people think Corporate culture will come up. I really hope it doesn't because that is one topic which I am hopeless at.

I think the 30 marker will be: Evaluate NB’s decision to basemanufacturing in Flimby (and not in Asia)
20 marker: Something about Human Resource competitiveness because there is so much in the case study about increase in labour productivity, shortening lead times, low labour turnover

I'm surprised a lot of people think Corporate culture will come up. I really hope it doesn't because that is one topic which I am hopeless at.

Have there been any previous questions similar to this?? Was hoping for a mark scheme to see which kind of points would be made!

Those two questions would be great if they came up, or anything similar to those. I'm so with you about Culture though, literally don't have a clue about it. If it comes up as a 20/30 marker I'm screwed, so hopefully your right 😂


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Fortunately I did a lot of work on NB yesterday and unfortunately, I think corporate culture could possibly come up because there is a continuous theme about culture in the case study particular evidence B. Corporate culture does also link to HR because a strong corporate culture links to the 35% increased productivity, shorter lead times and low labour turnover.
Sorry if I put your hopes up by saying culture would not come up. But regardless of what I or anyone else thinks, it is definitely worth revising corporate culture because it is a big topic.

What would be the disadvantages of locating in Flimby instead of China

What would be the disadvantages of locating in Flimby instead of China