WJEC BS4 - June 22nd

What falls in the marketing plan section? I've probably revised it but given it a different name.... what sort of stuff? Like zero budgeting/incremental/negotiated/sales.....?

Yeah, I agree the Specimen was a nice paper.
I hope these come up (Obviously not all of them):

Section A

Decision Trees
Cost/Profit Centres
Price/Demand Elasticity
Outsourcing
Waste Management
Trade Unions (UCAS)
Employee participation (HRM - role in employees to keep them motivated)
Ways of measuring HRM success - Labour surpass/Accident rate/Absenteeism....
Ansoff Matrix
Test Marketing
+ Anything that came up in the specimen

Section B
Interest Rates/Euro/Inflation... that kind of stuff!




BTW - What is control empowerment? It's on the BS4 specification....

Ye that sorta stuff for marketing plan,
u mean ACAS not UCAS? haha

ye i agree with your section B aswell, If one came up on taxtion I would actaully find difficult in stabalizing the desk ! 20 marks on that would be lush :P

Same, tuesday ahhh

Only started reviisng for it today as had two exam yday =/

Totally agree with you teh specimen is exactly what id want, so probably goign to ask stuff on marketing plans which i hate

As far as revision, Im just doing the practice Investment appraisal and CPA etc
For rest of theory just me and my mates askign eachother question verbally like =/

But for section B im jsut going to remember the way to set out my answer and hope for best. Without actually doing essays, which i dont have time for, cant realyl practice

SECTION B-
-Define Key terms,
-Agree with statement, with 4 key points and examples for each
-Disagree with statement with 4 key points and examples for each
-Bring in other areas with 4 key points (Motivational theories, production methods, etc)
-Conclusion stating statement is good but other things are to

Ha yes ACAS!

Did you do C4 yesterday? Though i recognized your sig! I was meh with C4, I really hope i get above 60 UMS!

I these:

Sales forecasting: quantitative – time
series analysis (extrapolation and
correlation - including moving averages,
seasonal and cyclical variation).

Absorption and contribution costing.
Standard costing. Special orders.

Depreciation: its relevance and
calculation (straight-line method only).

Are the ones that I am not confident in doing.... I hope non of these come up !!!!!

And yeh fiscal/montery policy =

What grade for you want for Business overall? What did you get for BS1,BS2,BS3?

Ah cool, I think you mean 112/120 on BS2!

I got...
61/80, BS2 i resat. (I had 74/120 first time), BS3 74/100

So, at most I need 71 for a B, or whatever extra UMS i gained on the BS2 resit will mean I will need less for BS4.

For BS3, my raw marks were 58% But UMS was 73/100! So I think i need to aim for approx 60% in BS4 to equate to 71 UMS to be on the safe side.

Was the overall feeling amounts you and your friends thatr C4 was harder than usual? I hope UMS change alot!

Ok I might be missing something totally obvious here, but on the BS4 specimen paper, how would you calculate the payback period for project A. I can calculate it for project B but for some reason I get the wrong answer for A. By looking at the table it's obviously 2 and a half years, but if I do it by calculation it comes out as a different answer..

Just had a look and tbh when i work out payback i just do the Cumulative cash flow and jsut work it out in my head.. dont really use a calculation so cant really help =/

tbh everyone im my school thoguht C4 was lush tbh lol,

Just read further up the page you wernt happy with control vs empowerment. Its exactly as it says on the tin. Empowerment is just giving workers more decision makign ability, instead of seeking approval all the time. And control is the opposite.

Advantages of Empowerment
-More ideas/Opinions
-Decisions made quicker
-Motivates staff(job enrichment)

Disadvantages of Empowerment
-Too many ideas can actually slow up strategic decisions
-Unskilled workers make bad decisions
-Managers might resent being challenged by those lower down hierarchy

I think that globalisation may come up tied in with strenghts and weakness and how to tackle them mixed in with decison trees and ansoff matrix i aslo think that CPA may come up and something to do with either BA or Unliever.

Kath,
Did you buy the CGP Business revision guide?

It just says like Formal/informal/verbal communication... And then like how commands are passed down the hierarchy and it should be easy to understand and unambiguous.
I have some more notes on it but thats the jist of it, if you have the CGP book then use it

It's common sense really, if the Employee knows exactly what they are doing then production will be more reliable and know what they are doing so they won't be demotivated.... that kinda malarky

hey guys....i was wondering if any of you lot could give me prediction 20 mark questions for section B.... i have a feeling it would be on marketing tools.....any ideas??

hey guys....i was wondering if any of you lot could give me prediction 20 mark questions for section B.... i have a feeling it would be on marketing tools.....any ideas??