Edexcel GCSE Business Studies Unit 3 30th May 2012
Business and management exam discussion - share revision tips in preparation for GCSE, A Level and other business and management exams and discuss how they went afterwards.
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Re: Edexcel GCSE Business Studies Unit 3 30th May 2012I thought it was a an easy paper
The only possible question i cuda gotten wrong was calculating the margin of safety, but 2 marks, eh
Last year i got 43/50 for my unit 1 exam and 38/40 for my cw, so im hoping i get an A* overall
The grade boundaries were around 70/90 in the last 2 years for an A* and im hoping it stays that way
How'd u find it? -
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The margin of safety is pretty easy to calculate.(Original post by Kakashidude101)
I thought it was a an easy paper
The only possible question i cuda gotten wrong was calculating the margin of safety, but 2 marks, eh
Last year i got 43/50 for my unit 1 exam and 38/40 for my cw, so im hoping i get an A* overall
The grade boundaries were around 70/90 in the last 2 years for an A* and im hoping it stays that way
How'd u find it?
The formula is:
Margin of safety = (Actual sales) - (Break even sales)
Break even is defined by fixed costs / contribution.
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Re: Edexcel GCSE Business Studies Unit 3 30th May 2012Hey i got 1750 too! and i think it wasn't that specific, it was like market research, i put internet statistics and i can't really remember the other one, i think i put opinions from questionnaires? How about you?(Original post by stenhorse)
I got 1750 for the margin of safety one..
There was a question that i can't remember, whether it was to give 2 examples of secondary research or quantitative data.. can anyone remember? -
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Re: Edexcel GCSE Business Studies Unit 3 30th May 2012Yay(Original post by Wintabix)
Hey i got 1750 too! and i think it wasn't that specific, it was like market research, i put internet statistics and i can't really remember the other one, i think i put opinions from questionnaires? How about you?
No-one seemed to get the margin of safety question so i'm glad I looked over it 
I put questionnaires and statistics off the internet. I was worried in case questionnaires wasn't secondary data but i can't even remember what the question was now aha
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Re: Edexcel GCSE Business Studies Unit 3 30th May 2012Aha but the graph was quite hard to read, can you remember what you put for the profit? And I put the same thing for that answer as well :L(Original post by stenhorse)
Yay No-one seemed to get the margin of safety question so i'm glad I looked over it I put questionnaires and statistics off the internet. I was worried in case questionnaires wasn't secondary data but i can't even remember what the question was now aha
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Re: Edexcel GCSE Business Studies Unit 3 30th May 2012Urm.. I think I put 2800(Original post by Wintabix)
Aha but the graph was quite hard to read, can you remember what you put for the profit? And I put the same thing for that answer as well :L
Yeah overall it wasn't so bad, I'm hoping for an A
No-one seemed to get the margin of safety question so i'm glad I looked over it 
