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As business edexcel 18th may

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I found it quite hard, what were your answers for sec A
did you think section B was inferior or luxury good
How did everyone find it?
What was the operating profit and gross profit answer in section A
Original post by NourSamy
I found it quite hard, what were your answers for sec A
did you think section B was inferior or luxury good



Well, when your looking at the wrong time for you exam.. You have no words. FML. Missed atleast 16 marks man.
Question 1 was Market Orientation
Section A was MEH. Not too bad, missed one question.
Section B was okay ya'kno. Didn't finish q13.
Wbu
Original post by Abbasali1
What was the operating profit and gross profit answer in section A



Something like 290million
Yeah I got 290 million. I wrote down what letters I got for 1-8 any one else do the same!? Also for section B of inflation increases will people buy more at the pop up store?
That paper was quite hard actually, what was the business plan answer? Retained profit i put

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What even was that paper? 😭😭😭😭😭


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I also got 290 million. If inflation increases, I said that customer confidence decreases as prices are less stable, so people will buy less.

I think it was kinda sneaky for them to put in an economics based question on government spending and inflation, when govt spending is such a small part on the syllabus. Also no previous question in Section A and B on past papers has ever been on govt spending. :frown:
Original post by skittles100
That paper was quite hard actually, what was the business plan answer? Retained profit i put

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I also put down retained profit.
1. Market orientation
the Indian rupees question was a
business plan question was retained profit
hawk-eye one was there was no guarantee of operating profit
equation one was operating profit was 290 mill before i think

Thats all i can remember atm (THESE ANSWERS ARE NOT 100% CORRECT)
the first question ,i messed up i realised its market orientation when i was going over -last minute ugghhh. other than that it was okay i guess. oh and 2 non price factors for increase in demand i put market size & advertising- but did not explain too well.

Grade boundries may not be too harsh because i'm guessing last question worth 12 mark was to do with economics

hope you all did well :smile:
Original post by 16161616
1. Market orientation
the Indian rupees question was a
business plan question was retained profit
hawk-eye one was there was no guarantee of operating profit
equation one was operating profit was 290 mill before i think

Thats all i can remember atm (THESE ANSWERS ARE NOT 100% CORRECT)


Got exactly the same, not sure about rupees question though.
Original post by The_Big_E
Got exactly the same, not sure about rupees question though.


Great! I'm pretty sure the Rupees one was A :smile:. Can you remember any other ones?
Yeah the rupees one was A
There was other q about the footbal league
Yeah the rupees one was A
There was other one about exchange rates too
Was it just me who found it hard? :/


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So far:

1) D- market orientation
2)Business plan was retained profits (B)
3)Rupee one was increase in people going to India (A)
4) The operating profit one was it used to be 290.54 (c)
5) The football league (hawk eye) was operatin profit isn't guaranteed (c)
6)The sales increases up to 21 percent and 54 percent- what did you all put for this? I put consumers got what they want (B)
7) There was also a question on break even which means the margin of safety is 0 (B)

This is NOT in order and missing one q
That went well for me, hope you were all confident and did well!
Not sure on the question numbers but:
1) Market Orientation
2) An Ethical Stance
3)Retained Profit
4)More UK Vistors To India
5)Operating Profit in the previous three months was 290.56million Euros
6)Margin of safety (0)
7)Guaranteed Operating Profit
8)Consumer Wants Met

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