WJEC a level business

How did it go?

That's exactly how I felt with the lean production and leadership styles one!

and the pricing strategies one i was like do you want be to talk about market orientated or cost based ones or like individual ones such as market skimming so i just did everything

Haha what did you put for the consumer protection one i literally just wrote the laws on it 😩

I ********ted so much in that one😂 I wrote about how they need protection from things like cartels but it's their responsibility not to overconsume goods or something

i did component 2 and was so annoyed that there was no ratio analysis or investment appraisal! what did everyone put for the % change in income question for some reason that really confused me

@michelle4698 how did you find component 2?

IT was quite difficult I didn't really know what to put for the mission statement one I just went on with myself hahaha, how did you find it?

it was a nice paper apart from the starbucks question

Is the Wjec paper the same as the eduqas one ? I know the two exam boards are like related kinda and we had the same Starbucks and porter questions aswell


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What did you say for the last porters one 😩

Is the Wjec paper the same as the eduqas one ? I know the two exam boards are like related kinda and we had the same Starbucks and porter questions aswell


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i put how there were high barriers to entry as it was an oligopoly but then i put that it was almost a monopoly because domino's have over 25% which the EU classify as a monopoly (i wasn't sure about this rip) so they were in a strong position as they can make high profits

i also put there was high competition and substitutes but because they have a strong brand identity this prevents there profits from falling too much so they are still in a strong position in the market

i also put that there is not much supplier power as there will likely be a lot of supplier so domino's can try and achieve economies of scale

basically i ********ted

That sounds like such a good answer!!! Still can't believe there was no investment appraisal or ratio analysis