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    Well i'm not finished my revision yet. Will be finishing it in a few hours. Got caught up with this one. Had Buss 1 finished ages before the exam .

    I'll just have to finish it quick and then go and do a few ppqs. I hate this test.
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    can someone list all the formulas please?
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    Is there anywhere were I can get practice questions?
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    Have u been through all the buss2 presentation on the tutor2u website

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    (Original post by Frostyjoe)
    Is there anywhere were I can get practice questions?
    past papers
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    Does anyone have any predictions about what may come up tomorrow?
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    I think gross profit margin gonna come up for calculations question...

    Last day revision, what do you guys think is the most important to revise?
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    I haven't stared revising yet, and am really really panicking as I NEED to get an A for Uni Does anyone have any brief notes that I could have to learn just the main things? Or any other suggestions?
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    I am seriously struggling with Price Elasticity for my Buss2 resit tomorrow - it's a nightmare. Does anyone have a fun way of learning about it? I just cannot remember it! It's too dull!!
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    (Original post by jamescalebsmith)
    can someone list all the formulas please?
    Unit Cost= Total Cost/Output

    Labour Productivity= Total Output/Number of Employees

    Labour Turnover= (Leavers per year/Number of employees per year) x 100

    Return on Capital= (Net Profit/ Capital Employed) x 100

    Net Profit Margin= (Net Profit/Revenue) x 100

    Capacity Utilisation = (Output/Capacity) x 100
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    (Original post by muzika)
    I think gross profit margin gonna come up for calculations question...

    Last day revision, what do you guys think is the most important to revise?
    Gross profit wont come up Says in the book under an examiner tip that they don't ask questions on Gross Profit.
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    I've got mixed up a bit, Return on Capital Employed (ROCE) is the same as Return on Capital right?
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    (Original post by muzika)
    I think gross profit margin gonna come up for calculations question...

    Last day revision, what do you guys think is the most important to revise?
    gross?! do u mean net?
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    (Original post by LaughingGas)
    I've got mixed up a bit, Return on Capital Employed (ROCE) is the same as Return on Capital right?
    Yes
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    Hey People! I am so scared for my exam tomorrow! And yeah I have been doing notes from every topic on my notebook. I was thinking before going to bed, I will to a past paper just to get my head around all this...anyone has any other revision tips that my help??? Plus I don't get Boston Matrix...can anyone please explain? XOXO
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    (Original post by alicejackson95)
    I haven't stared revising yet, and am really really panicking as I NEED to get an A for Uni Does anyone have any brief notes that I could have to learn just the main things? Or any other suggestions?
    Do you think you could get a good result without revising. Im on page 42 out of 51 and im panicking. I find it really boring.
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    (Original post by vithusan40)
    Unit Cost= Total Cost/Output

    Labour Productivity= Total Output/Number of Employees

    Labour Turnover= (Leavers per year/Number of employees per year) x 100

    Return on Capital= (Net Profit/ Capital Employed) x 100

    Net Profit Margin= (Net Profit/Revenue) x 100

    Capacity Utilisation = (Output/Capacity) x 100
    Theres more than that.
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    (Original post by Sexy!egs)
    I am seriously struggling with Price Elasticity for my Buss2 resit tomorrow - it's a nightmare. Does anyone have a fun way of learning about it? I just cannot remember it! It's too dull!!
    It's not that difficult, it's just % change in quantity demanded / % change in price.
    If it's 0, it's perfectly inelastic meaning quantity demanded doesn't change with price
    If it's between 0 and 1 it's inelastic as the change in quantity demanded is less than proportionate to the change in price
    And if it's greater than 1 it's elastic as the change in QD is more than proportionate to the change in price.
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    (Original post by Frostyjoe)
    Do you think you could get a good result without revising. Im on page 42 out of 51 and im panicking. I find it really boring.
    only 9 pages left..keep going :banana:
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    (Original post by Frostyjoe)
    Theres more than that.
    like what?
    i'm pretty sure those are the main ones.
 
 
 
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