Hey there! Sign in to join this conversationNew here? Join for free
    Offline

    0
    ReputationRep:
    People need to stop worrying about the profit variance question, I will have dropped 2 marks because I couldn't work out the difference(stupidly) but its the bigger questions to think about! - remember if you can get good application and analysis in the big answers just in one point that that's already all the marks for that part! Timing was appalling however in that exam they need to reassess the exam if they want people to do well!


    Posted from TSR Mobile
    Offline

    4
    ReputationRep:
    (Original post by las96)
    People need to stop worrying about the profit variance question, I will have dropped 2 marks because I couldn't work out the difference(stupidly) but its the bigger questions to think about! - remember if you can get good application and analysis in the big answers just in one point that that's already all the marks for that part! Timing was appalling however in that exam they need to reassess the exam if they want people to do well!


    Posted from TSR Mobile
    So true about the variance question. If you worked everything out correctly, but got the wrong answer then you'll still get at least 4/6 or something. I wouldn't totally agree that you need more time in that exam. Admittedly, you are quite pushed for time, but there is enough time there to answer all the questions to a high standard, plus you can pick up time. My teachers recommended 5 minutes reading time for the case studies, but it was more like 2 at the most for me. Hope the exam went well for you.
    Offline

    0
    ReputationRep:
    (Original post by DjamesH94)
    So true about the variance question. If you worked everything out correctly, but got the wrong answer then you'll still get at least 4/6 or something. I wouldn't totally agree that you need more time in that exam. Admittedly, you are quite pushed for time, but there is enough time there to answer all the questions to a high standard, plus you can pick up time. My teachers recommended 5 minutes reading time for the case studies, but it was more like 2 at the most for me. Hope the exam went well for you.
    Oh I suppose you're right! A mark a minute is what they recommend however I do still believe certain questions took slightly longer to create a strong answer! Thank you the same for you!


    Posted from TSR Mobile
    Offline

    18
    ReputationRep:
    (Original post by nursy96)
    I think its about 55/80 - 69% to get an A on this paper (looking at previous years)
    not sure how much you will need to get an A overall, depends how well you have done in unit 1
    You see if you got an A in the as level but did rubbish in this one, would that stop you from getting an A in the whole A level?
    Offline

    18
    ReputationRep:
    (Original post by Forty40)
    Well, I ran out of time BADLY on that, I missed out a whole 8 marker, and part of the variance.
    The others I feel did okay on, however, when I was running out of time, my last 2 13-16 markers, I only did like 1 point for and 1 point against, rather than 2 for and 2 against, I applied and used good analysis and evaluated the points, but there was only 1 point for each side... Will that lose me marks do you know? I thought it was best to do 2 points for each side
    Exactly the exam is far too big for 90 minutes.
    Offline

    18
    ReputationRep:
    (Original post by rumenaislam)
    I ran out of time on the last question only got 3/4 of the way through it. :/ Definitely feel like I'm going to be resitting. Also, what would you need on this paper to get an A if you got an A on unit 1?
    I really don't want to resit. I hate that paper and I feel like if I resit it that my mark will not go up much because of its structure and size/timing. So I hope i've done enough to get a B.
    Offline

    16
    ReputationRep:
    (Original post by Frostyjoe)
    I really don't want to resit. I hate that paper and I feel like if I resit it that my mark will not go up much because of its structure and size/timing. So I hope i've done enough to get a B.
    You'll do fine! One thing I can say is that after doing BUSS3, I can say that BUSS2 was a nice little paper as long as you know your stuff. BUSS3 is a bit more in depth which may suit someone like you anyway who prefers more structured exams Good luck anyway!
    Offline

    4
    ReputationRep:
    (Original post by las96)
    Oh I suppose you're right! A mark a minute is what they recommend however I do still believe certain questions took slightly longer to create a strong answer! Thank you the same for you!


    Posted from TSR Mobile
    I do agree about some of the questions though, it was hard to formulate a long answer with there being so little time available. And thanks!
    Offline

    0
    ReputationRep:
    (Original post by Forty40)
    Well, I ran out of time BADLY on that, I missed out a whole 8 marker, and part of the variance.
    The others I feel did okay on, however, when I was running out of time, my last 2 13-16 markers, I only did like 1 point for and 1 point against, rather than 2 for and 2 against, I applied and used good analysis and evaluated the points, but there was only 1 point for each side... Will that lose me marks do you know? I thought it was best to do 2 points for each side
    It is not essential for you to write 2 points FOR and 2 points against on the long answers. It is marked on the "links" in your answers. If you have one reason FOR, and one reason against a decision, and you give 4-5 links for each. Along with a decent conclusion you can get full marks.
    Offline

    0
    ReputationRep:
    (Original post by bullyy)
    i got 80.9 aswell and so did most of my college so its probably right
    The answer was £154,400 Adverse. As long as you included workings in your answer, you should pick up some marks
    Offline

    0
    ReputationRep:
    (Original post by naseema1333)
    This exam has made me depressed.
    Ye, same. what was debt factoring? that killed me.
    Offline

    16
    ReputationRep:
    (Original post by GH6108)
    Ye, same. what was debt factoring? that killed me.
    Like where a business uses a third party to collect their debts for them, usually like a bank. But the one who collects the debt takes a significant cut of the debts, usually around 10%
    Offline

    0
    ReputationRep:
    I'm pretty sure it was 154,500 adverse, not 154,400 adverse?!


    Posted from TSR Mobile
    Offline

    0
    ReputationRep:
    (Original post by yuvalpesh)
    I'm pretty sure it was 154,500 adverse, not 154,400 adverse?!


    Posted from TSR Mobile
    I got this too!!


    Posted from TSR Mobile
    Offline

    0
    ReputationRep:
    (Original post by IHateRevisionOK?)
    I got this too!!


    Posted from TSR Mobile
    Thank god, everyone is putting 400 and I don't know why! Haha


    Posted from TSR Mobile
    Offline

    0
    ReputationRep:
    The first half i had enough time to structure my essays 2 for 2 against and evaluate nicely... the 2nd half well...i just hope the examiner can read the bullsh*t i wrote.
    Offline

    0
    ReputationRep:
    Ahh I hated the debt factoring question! what even is that!?
    Offline

    0
    ReputationRep:
    (Original post by coeeey9)
    Ahh I hated the debt factoring question! what even is that!?
    debt factoring is when an company sells it's outstanding debts for a percentage of the amount (usually 80-90%) to another organisation and is used for increasing cash inflows
    Offline

    0
    ReputationRep:
    It is for sure £154,500.
    Offline

    0
    ReputationRep:
    The debt factoring question was mainly mentioning alternatives to using factoring such as the overdraft and the adv/dis of using factoring, they will have short term cash flow relief but long term loss in profits.

    Cash flow problems is a good topic with lots of links back to the case study!
 
 
 
Poll
Do you agree with the PM's proposal to cut tuition fees for some courses?

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.