[BUSS3] AQA Business Unit 3 anyone? [Friday 10th of June 2011]

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What grade are you currently on?

I have a B already, am 4 UMS off an A.

So I need a low B in Unit 3 to secure that A, but when I did Unit 3 before I got a high C a few marks away from a B.

Am slyly bricking it, but hopefully decent stuff comes up.

What about you? Hows revision going too? ^_^

Reply 201

ro.

Original post by slacker07906

Sales

January- 16
February- 18
March-22
April- 24
May-14
June-5
July- 30

So for 4 point moving averages for feb you would add 16 + 18 + 22 + 24 = 80 + 4 = 20.

Correct me if I'm wrong I've never done 4 quarter ones as you don't need to know that...well its not in textbook.

Thanks man

and in the tutor2u buss3 course companion it mentions 4 qu moving averages, and it asks you to work out 4 qu moving averages in a practice question in the CGP revision guide

Reply 202

ro.

Original post by rmcneil

can anyone explain how to compare current ratio with acid test ratio results? i'm a bit unsure about the relation between the 2, e.g. what does a high current ratio/low acid test ratio indicate?

thanks!

high means they have lots of assets in relations to liabilities

acid test ratio is the currect test - stock as stock is the least liquid asset.

ideal current ratio = 1.5:1 as it includes stock so it should be higher
ideal acid test = 1:1

Reply 203

ro.

what is the difference between differentiation and diversification?

Reply 204

Glen_Nichols

Original post by ro.

ideal for current is 1.5:1 to 2:1
ideal for acid is 0.75:1 to 1:1

Reply 205

Ree-Shay

Original post by ro.

what is the difference between differentiation and diversification?

...vaguely:
Diversification - ansoff matrix - new product new market - very risk compared to ansoff's other marketing strategies
Differentiation - porter's generic strategies - making the product sustainably different from those of rivals in order to gain a competitive advantage.

Reply 206

praj1

if i have an asset turnover of 1.07 does that mean that for every pound in assets im making 1.07 in revenue, or 0.43 in revenue?

HELPPPPP

Reply 207

rmcneil

Original post by ro.

thank you! and the ratio is liabilities:assets right?

Reply 208

est~*~

omg i'm completely baffled with investment appraisal .... HELP !!

Reply 209

rmcneil

Original post by praj1

if i have an asset turnover of 1.07 does that mean that for every pound in assets im making 1.07 in revenue, or 0.43 in revenue?

HELPPPPP

did you get that from the textbook? i think that's a printing mistake, may be wrong but i'm pretty sure our teacher pointed that out to us once

Reply 210

praj1

Original post by rmcneil

did you get that from the textbook? i think that's a printing mistake, may be wrong but i'm pretty sure our teacher pointed that out to us once

yep i got that from the book....so what is the real figure?

asset turnover is 1.07 ....so does that mean for every pound in asset you generate £1.07?

Reply 211

praj1

Original post by est~*~

omg i'm completely baffled with investment appraisal .... HELP !!

all you gotta remember is :

payback = how many years and months till you make you money back on the investment....

A.R.R

add up the NET FLOWS (profit) for each year....subtract the initial investment ....(so now you have a profit for the whole number of years).....divide it by the number of years (giving you an average over the number of years) and divide the answer by the original investment x100....

NPV

multiply the NET FLOW (profit) of each year by its corresponding discount factor, add them all up....subtract initial investment...

Reply 212

ro.

Original post by ainm

Grade boundaries of the last couple BUSS3 exams.

Jan2011 A*-51(90) A-46(80) B- 41(70) C- 36(60) D- 31 (50) E-27 (40)

June2010 A*- 51(90) A- 45(80) B-39(70) C-33(60) D-28(50) E-23 (40)

where did you get these from?

cos my teacher just emailed me back the essay i posted earlier and he said i got 4, 14, 13, 25 respectively in the questions = 56 = A*??

Reply 213

Ree-Shay

Original post by ro.

where did you get these from?

cos my teacher just emailed me back the essay i posted earlier and he said i got 4, 14, 13, 25 respectively in the questions = 56 = A*??

The exam is out of 80 therefore you got 56/80 the grade boundaries are in raw marks

(edited 12 years ago)

Reply 214

ro.

Original post by rmcneil

thank you! and the ratio is liabilities:assets right?

nah assets:liabilities

Reply 215

praj1

could someone clear up how you use a workforce plan?

and what are financial efficiency ratios?

(edited 12 years ago)

Reply 216

cleo101

will we ever get asked to calculate net cash flow?

Reply 217

ro.

Original post by Ree-Shay

The exam is out of 80 therefore you got 56/80 the grade boundaries are in raw marks

So is this an A* lol?, cos according to the grade boundaries 51 raw marks = A* and i got 56...

may seem like a dumb question but 56/80 = 70% which is the minimum for a B i thought...

Reply 218

Limeey

has anyone been told by their teachers etc what is most likely to come up for this exam? Also how is the exam structured marks wise? :s-smilie:

Should I be working at 'a mark a minute' e.g. if question is 12 marks, spend 12 minutes answering it? thankyou

Reply 219

soledaled

Original post by ro.

So is this an A* lol?, cos according to the grade boundaries 51 raw marks = A* and i got 56...

may seem like a dumb question but 56/80 = 70% which is the minimum for a B i thought...