[ilove2shopx]

oh yeh and what about the 1st question?

[ilove2shopx]

wt did u talk about for that graph?

[FrancisM89]

For the graph I said it showed correlation between budget and sales, however it didn't make clear which one effected the other. Then said important that the budget was based on other factors like the capital the company has and the competition.

[3ak16]

(Original post by ilove2shopx)
wt did u talk about for that graph?

Forgot but i wrote how they could use it as a guideline
also you could see the more marketing that was done, better results were being produced, wrote like a page on that eh minds blank to what i wrote now for some reason

[ilove2shopx]

yeh...how was the question worded?

[ChelsJB]

i found it ok.
some people doing it at our college didnt even finish.
i didnt like the calculation ones. i thought you had to do alot for not many marks.
anyone do BU5W?
i found that pretty easy.
i did the m&s question.
x

[Ramos_Spurs]

i did the M&S question to.. what u say for it?

[monica7790]

(Original post by FrancisM89)
For the graph I said it showed correlation between budget and sales, however it didn't make clear which one effected the other. Then said important that the budget was based on other factors like the capital the company has and the competition.

for that Q i wrote a lot of it depends on...
like the level of competition at the time
the fact that fruitella had been around for longer
PR could have occurred which increases sales but is free

[ChelsJB]

i cant even remember now! i always blank exams out
i put stuff about social responsibility
and businesses should look at their aims when making strategies
and much more obviously. lol

the best bit about that paper was the mission statement of Hurbank..blah blah, in the business report. i just thought it was funny about 'british... blah' lol.

x

[Amra]

when i was refering to the case study i refered as "anyone for juice" as i thought that was the business name.....but just realised it's not will the examiners not mark my paper as it has the wrong name .....

[FireDeuce]

(Original post by ilove2shopx)
wt did u talk about for that graph?

Why it's good:
They can see how much Fruitella used for their capacity so they aren't tempted to budget too heavily which would increase sales above capacity. I used an example of Cadburys who did this with the launch of their wispa bar, which led to them having to stop, and relaunching it later, which obviously cost them steady income.

..There was another one which has escaped me :\


Why it's bad:
Changing market. This could have two effects, either the market for luxury fruit juices is declining because people have less money, and so the amount they spent would not produce the same amount of revenue, so its a crap guide. OR it could swing the other way, and people are more health conscious now, and so that amount of marketing could lead to more sales, which they may not be prepared for.

We don't know if Fruitella, being market leaders, were already established in the fruit drinks market, or whether they had first mover advantage in juices not from concentrate, which could have made their sales greater for the marketing budget, which Bill and Joe wouldn't attain.

They won't be doing exactly the same marketing campagin, nor marketing strategy, and so it's impossible to compare them.

Conclusion: Use it as a GUIDE ONLY

[monica7790]

(Original post by ChelsJB)
i cant even remember now! i always blank exams out
i put stuff about social responsibility
and businesses should look at their aims when making strategies
and much more obviously. lol

the best bit about that paper was the mission statement of Hurbank..blah blah, in the business report. i just thought it was funny about 'british... blah' lol.

x

yer althought my problem with Hurbank is i kept calling it Burbank lol
i thought the report was ok i just hope i wrote enough, i wrote 5 pages. Did any write anything about the Break even being lower for china?

[ChelsJB]

damn i forgot that
i said contribution would be higher i think
so i suppose i sort of did lol

i wrote 5 pages for the report
3.5 for the essay
ish.

x

[ilove2shopx]

(Original post by monica7790)
for that Q i wrote a lot of it depends on...
like the level of competition at the time
the fact that fruitella had been around for longer
PR could have occurred which increases sales but is free

YESSS!!!

what other questions on bus4 did u lot not like?

[FireDeuce]

(Original post by ilove2shopx)
oh yeh and what about the 1st question?

If I remember correctly this was about whether or not a workforce plan would determine the success of their fruit juice:

Yes:

The workforce are required to physically make the juice. If there is no workforce plan, as it is seasonal, they may find their sales are increasing with no increase in output. Having a workforce plan would make them aware that they will need to hire new staff, and they can do this in plenty of time to ensure they are trained well (high unemployment.. many of them will be poorly skilled) and that they are right for the organisation.

It will essentially cost them less if they can pick the right person for the job, and as they are tied to a very strict budget (theyve already maxxed out their overdraft) then it could break them if they are unorganised about hiring people

No:

It's all well and good having a workforce plan, but if people don't actually buy the product then its wasted. HOWEVER the workforce plan may detail what to do if they need to cut back, and so they can ensure they are working efficiently..but essentially the workforce plan is NOT the most important part.

[monica7790]

(Original post by FireDeuce)
If I remember correctly this was about whether or not a workforce plan would determine the success of their fruit juice:

Yes:

The workforce are required to physically make the juice. If there is no workforce plan, as it is seasonal, they may find their sales are increasing with no increase in output. Having a workforce plan would make them aware that they will need to hire new staff, and they can do this in plenty of time to ensure they are trained well (high unemployment.. many of them will be poorly skilled) and that they are right for the organisation.

It will essentially cost them less if they can pick the right person for the job, and as they are tied to a very strict budget (theyve already maxxed out their overdraft) then it could break them if they are unorganised about hiring people

No:

It's all well and good having a workforce plan, but if people don't actually buy the product then its wasted. HOWEVER the workforce plan may detail what to do if they need to cut back, and so they can ensure they are working efficiently..but essentially the workforce plan is NOT the most important part.

thats a good ans. i wish i had more time!!!! grrrrr i think we could do so much better on this paper if it was 2 hours! although thats far 2 long! lol

[FireDeuce]

Definitely make the exam 2 hours.
Except they are changing the whole syllabus so it'll be irrelevent next year. They'll have AGES to do it!

[LFCTorres9]

did anyone get 320 000 as the NPV????

and 200 000 and 500 000 for the labour productivities for option A and B ??

[3ak16]

so they decided to eff everyone up couz there changing the syllabus~

i see. . im not saying it was that hard, but i feel it was unfair

case study played a big part, and that was just dead.

[3ak16]

(Original post by LFCTorres9)
did anyone get 320 000 as the NPV????

and 200 000 and 500 000 for the labour productivities for option A and B ??

ye i remember putting down 320,000 i think

basically all i remember is the cost all togeather was 300,000

and there sales were 500,000 so profit would be 200,000

so the annual profit 200,000 divided by each discount factor, add all them up and took it away from the cost

was it 320,000 im not 100% certain, but that figure triggers sommin