[mindblock]

Porters 5 forces..

Bargaining power of suppliers (House owners)
Bargaining power of buyers

Any ideas. I think that suppliers have less power because there aren't as many people looking to buy a house in the current economy. But i've mind ****ed myself and i'm all confused.

[mindblock]

also, for the critical path analysis. around the dotted line area im majorly confused. Im thinking that their early start times are...
7: 20
8: 111
9: 135
10:96
All with 135 as their latest finishing times.


But as all the activities lead onto activity 6, are all the early start times the same???

[blue_]

(Original post by mindblock)
also, for the critical path analysis. around the dotted line area im majorly confused. Im thinking that their early start times are...
7: 20
8: 111
9: 135
10:96
All with 135 as their latest finishing times.


But as all the activities lead onto activity 6, are all the early start times the same???

Hey, I got this to! My teacher said its right! I'm just a little confused about the LST.

[rosiestudent]

(Original post by Campsa)
If anyone wants the APT guide Pm me!

Be great if you could send me the Apt guide.

Thanks so much

rosiestudent

[rosiestudent]

(Original post by Campsa)
Thanks mate!

been on the Kingsbruton link but think it has been removed. If you have it could you send it to me ? thanks

Rosiestudent

[mspmsp]

Hi, has anyone got any ideas for what to involve in the evaluation with respect to an interest rate question? I know it will depend upon the size of the interest rate rise and the duration but I'm thinking these are pretty generic and not exactly in the context of SLSL. Any help would be appreciated, thanks.

[oli_042]

Hey everyone, hope everyone's revision is going well for this unit? Has anyone got any ideas for this question: "Discuss the role of strategic management in achieving SLSL's objective" Thanks

[seanaffleck]

If anyone could help me out with a Tutor2u, APT revision pack anything i would be grateful

[wwelol]

(Original post by oli_042)
Hey everyone, hope everyone's revision is going well for this unit? Has anyone got any ideas for this question: "Discuss the role of strategic management in achieving SLSL's objective" Thanks

daaamm
hard Q
i would talk bout 4 functions of the slsl marketing etc

[maheen17]

Hey, did any one attempt the following question:

Evaluate the impact on SLSL if they change their fee structure.

If so, what did you write about it?

[Moyosola]

(Original post by wwelol)
does anyone know where ansofs matrix fits into slsl

It fits into the move into Market Harworth as it is a form of Market Development. Moving into a new segment of the market with an existing product, so it is within their current skills and expertise therefore it is not likely that it will be difficult for SLSL to be properly established in Market Harworth.

[Moyosola]

(Original post by blue_)
Hey, I got this to! My teacher said its right! I'm just a little confused about the LST.

Out of all the nodes that lead into Node 9, 135 is the highest therefore that is the time it could take activities D, G, H & J to be finished.

If you understand critical path analysis, you'd find that Activity H (Node 9) cannot be started until all connecting nodes are completed. So all those activities can be done simultaneously with Activity H.

(Hopefully I'm right, but from my understanding of CPA, this is my take-out.)

[oli_042]

(Original post by maheen17)
Hey, did any one attempt the following question:

Evaluate the impact on SLSL if they change their fee structure.

If so, what did you write about it?

Hey yeah I've made some notes on this, haven't done an actual essay on it though! I've planned to write a short intro on the current problem with the current fee structure e.g. poor cash flow with losses of approx. £8,125. I then moved onto talk about the fee structure very briefly.
Then I would do a paragraph on how competitors would possibly react to this due to SLSL having monopolistic competition, and the barriers to entry/exit being low meaning many competitors, and if these competitors don't charge the 20% at the beginning like SLSL are planning to do, they may take SLSL's business away from them, thus making SLSL lose business (lose out on achieving their financial objective too) you could mention.
I would then make another paragraph talking about the difficulties of what exactly SLSL should charge each customer, as SLSL obviously will not know the price of the house the vendor will be selling, etc, however a solution to this could be a flat rate of say £400, £500, but the question is, not all vendors, especially those with low income will be able to afford this flat rate at the beginning, which is a problem.
Finally I would write a paragraph on maybe the 20% being paid when an offer is made, which is payable on day 77, and is earlier than SLSL are currently receiving payment.
However an issue SLSL would have with this is that what would occur if say, the sale fell through? Would SLSL retain the money to cover their own expenses? Give it back? Etc.
Evaluating, I would talk about the reaction of competitors being the most important problem identified, as if SLSL's competitors do not implement a similar fee structure and SLSL doesn't explain why their business is better than others by demanding this 20% up front, then this will mean Alistair's proposal will, if implemented, lose business for SLSL.

Sorry if that seems long winded Hope it helps

Just realised also the question I wrote the notes for was worded: "Evaluate Alistair's proposal to change SLSL's fee structure" so it may be a little different to your question, but seems pretty similar

[Moyosola]

I have started doing some possible questions in the APT revision pack, and I have had my teacher mark about three of them, so I could share some.

This is my first attempt at a response to Question 26 in the revision pack: http://getrevising.co.uk/resources/d...arket_harworth

[Emy25]

I'm struggling to grasp the idea of structure in my essays..what is the best way to structure these sort of essays that we will get in the exam????
..ive got the knowledge its just that i dont know how to start and to keep it consistent x
e.g.
intro including a Definition e.g. what is diversification? or what is a stakeholder and define it
point 1
point 2
point 3
point 4
point 5
conclusion- do you state which option is the best here?
this is in terms of a 20 marker
within making the points what do i include?
e.g. Point 1- refer to the case study material, state your point, the implication/effect it has on SLSL whether it be short term long term, positive or negative, how SLSL will respond (if making a decision) is it feasible etc.
I REALLY NEED HELP so i'll be most grateful if anyone could respond to this
thanks in advance.

[Moyosola]

(Original post by Emy25)
I'm struggling to grasp the idea of structure in my essays..what is the best way to structure these sort of essays that we will get in the exam????
..ive got the knowledge its just that i dont know how to start and to keep it consistent x
e.g.
intro including a Definition e.g. what is diversification? or what is a stakeholder and define it
point 1
point 2
point 3
point 4
point 5
conclusion- do you state which option is the best here?
this is in terms of a 20 marker
within making the points what do i include?
e.g. Point 1- refer to the case study material, state your point, the implication/effect it has on SLSL whether it be short term long term, positive or negative, how SLSL will respond (if making a decision) is it feasible etc.
I REALLY NEED HELP so i'll be most grateful if anyone could respond to this
thanks in advance.

In your introduction, you could just include one sentence with a definition as this is only Level 1 writing; therefore it is advisable not to spend too much time on that. After that, relate whatever it is you're defining to the Case Material. In the case of SLSL and diversification, you could say something like "SLSL plans to diversify into the online market, as the case material mentions that there is a chance that they might be moving away from the high street..."
If the question is something like "Should SLSL diversify into the online market? Justify your view", then you should just go straight into saying yes or no, and then going on to justify your view, that is, giving reasons as to why you have said so.
Your conclusion should then tie all your reasons together.
"Conclusively, the points mentioned above are the reasons SLSL should not move away from the high street, most especially as estate agencies thrive on a relationship with the vendors and buyers, so no physical presence might affect their already excellent customer service.." or something of the sort.

[Moyosola]

This is my first attempt at a response to Question 10 in the revision pack which is about the macroeconomic influences that will affect SLSL's ability to achieve its revenue objective.

http://getrevising.co.uk/resources/d...enue_objective

[Onion man]

(Original post by Moyosola)
This is my first attempt at a response to Question 10 in the revision pack which is about the macroeconomic influences that will affect SLSL's ability to achieve its revenue objective.

http://getrevising.co.uk/resources/d...enue_objective

Could you possibly tell us what the different questions from that revision guide are? I feel they could be very helpful towards revision.

[wwelol]

(Original post by Moyosola)
It fits into the move into Market Harworth as it is a form of Market Development. Moving into a new segment of the market with an existing product, so it is within their current skills and expertise therefore it is not likely that it will be difficult for SLSL to be properly established in Market Harworth.

and the lettings then is product develppment
or even diversification as its new custom and new service to slsl

[maheen17]

(Original post by oli_042)
Hey yeah I've made some notes on this, haven't done an actual essay on it though! I've planned to write a short intro on the current problem with the current fee structure e.g. poor cash flow with losses of approx. £8,125. I then moved onto talk about the fee structure very briefly.
Then I would do a paragraph on how competitors would possibly react to this due to SLSL having monopolistic competition, and the barriers to entry/exit being low meaning many competitors, and if these competitors don't charge the 20% at the beginning like SLSL are planning to do, they may take SLSL's business away from them, thus making SLSL lose business (lose out on achieving their financial objective too) you could mention.
I would then make another paragraph talking about the difficulties of what exactly SLSL should charge each customer, as SLSL obviously will not know the price of the house the vendor will be selling, etc, however a solution to this could be a flat rate of say £400, £500, but the question is, not all vendors, especially those with low income will be able to afford this flat rate at the beginning, which is a problem.
Finally I would write a paragraph on maybe the 20% being paid when an offer is made, which is payable on day 77, and is earlier than SLSL are currently receiving payment.
However an issue SLSL would have with this is that what would occur if say, the sale fell through? Would SLSL retain the money to cover their own expenses? Give it back? Etc.
Evaluating, I would talk about the reaction of competitors being the most important problem identified, as if SLSL's competitors do not implement a similar fee structure and SLSL doesn't explain why their business is better than others by demanding this 20% up front, then this will mean Alistair's proposal will, if implemented, lose business for SLSL.

Sorry if that seems long winded Hope it helps

Just realised also the question I wrote the notes for was worded: "Evaluate Alistair's proposal to change SLSL's fee structure" so it may be a little different to your question, but seems pretty similar

You've got some good points there, I did this essay and mine is a bit different than yours:

I started off as to why they want to change the fee structure; due to the" no corresponding inflow" they have when doing a particular deal, despite the money being invested in it.
Then I wrote how three sales collapsing had got them a loss of £8125, and if this happens in the future that is a big amount they will be losing on, especially when they invest a lot in each of their sales. In one of the tables, it also showed that out of the 1139 instructions to sell a house, SLSL had only 285 sales. Which shows that only 25% of the instructions were sold. This can also lead SLSL to anticipate the change in the fee structure.
After that, I wrote how the 20% they will charge goes directly towards marketing and administrations' cost, so this way at least SLSL is covering some of their costs.
However, the 20% upfront fee may deter the potential customers in the area, and they might not come to SLSL, rather go to a competitor to sell their house. Also, like you mentioned it does not mention if the 20% charge is refundable to the customer of not, so that is also a downside.
The fee structure may also affect the staff at SLSL as their commission is solely based on commission, and if customers don't come to SLSL, how will the staff get their commission. Plus, the 20% upfront fee does not really benefit the staff as they do not get any percentage of it.
So overall, I said that they should implement the change in the fee structure.