Today's AQA Business Studies. How did everyone find it? Watch

Duckzilla
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#1
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I found it quite easy, but I was surprised to see the SWOT analysis question in there
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Groat
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(Original post by Duckzilla)
I found it quite easy, but I was surprised to see the SWOT analysis question in there
I had a mind-blank with SWOT, thought O and T were Opposition and Target market. However, I luckily covered and analysed opportunities and threads throughout the question, so shouldn't really lose too many marks.

I wasn't so sure about the question why Break-Even calculation wasn't useful for Dave?

Also, Just in Time was a great question! You could get context in with saying wood isn't very perishable so JiT isn't necessary, etc.

What do you think?
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SM94
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(Original post by Groat)
I had a mind-blank with SWOT, thought O and T were Opposition and Target market. However, I luckily covered and analysed opportunities and threads throughout the question, so shouldn't really lose too many marks.

I wasn't so sure about the question why Break-Even calculation wasn't useful for Dave?

Also, Just in Time was a great question! You could get context in with saying wood isn't very perishable so JiT isn't necessary, etc.

What do you think?
Same found it not too bad, question about why break-even calculation was a bit like ":confused:" to me lol, can't remember what i put.
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Duckzilla
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(Original post by Groat)
I had a mind-blank with SWOT, thought O and T were Opposition and Target market. However, I luckily covered and analysed opportunities and threads throughout the question, so shouldn't really lose too many marks.

I wasn't so sure about the question why Break-Even calculation wasn't useful for Dave?

Also, Just in Time was a great question! You could get context in with saying wood isn't very perishable so JiT isn't necessary, etc.

What do you think?
It's because break-even assumes that every product is going to be sold, which may not be the case. It can give idealistic and sometimes unrealistic projections. (That's the gist of what I put for the answer).
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Groat
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(Original post by Duckzilla)
It's because break-even assumes that every product is going to be sold, which may not be the case. It can give idealistic and sometimes unrealistic projections. (That's the gist of what I put for the answer).
Not really sure what you're talking about assumptions of not all products being sold, it's not really a forecast - it's the number of units he has to sell . . .
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Duckzilla
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(Original post by Groat)
Not really sure what you're talking about assumptions of not all products being sold, it's not really a forecast - it's the number of units he has to sell . . .
It also shows how much money he has to make to break even or get into the margin of safety. If not every product is sold, then he won't reach his time projection of breaking even.
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SM94
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How much do you guys reckon you needed for an A in that? and overall? i'm not too sure how marking in business studies works
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Duckzilla
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(Original post by SM94)
How much do you guys reckon you needed for an A in that? and overall? i'm not too sure how marking in business studies works
Last year it was about 71% for an A* in raw marks, so probably around 63% for an A.
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SM94
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Ok thanks duckzilla, hoping for an A and didn't find that too hard so hopefully on course for it, got 2 more exams though need to make sure i'm fully prepared for them!
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Duckzilla
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#10
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(Original post by jerome1994)
What were the definitions again? Reply, thanks
The definitions of what?
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Duckzilla
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(Original post by jerome1994)
Question 1 (a/b/c/d) what were the answers to the definitions, want to know that I was right...
You must have done a different paper to me, my first question was about a sole trader and business aims.
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SM94
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Yeah it was probably a different paper, mine was the same as Duckzilla and there was no definitions at the start.
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Groat
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Do you like how QWC marks are attributed to one answer now?

Also, did you suggest Dave should start his business? I went for no he shouldn't
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Duckzilla
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#14
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(Original post by Groat)
Do you like how QWC marks are attributed to one answer now?

Also, did you suggest Dave should start his business? I went for no he shouldn't
Yeah, question 8 for QWC :cool:

That's what I said too, I said he shouldn't start the business and referred the the case studies in the data to back me up
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SM94
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#15
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I also put no, but it doesn't make a difference what you put as long as you justify your decision
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Duckzilla
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#16
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(Original post by SM94)
I also put no, but it doesn't make a difference what you put as long as you justify your decision
Did you get 30 for the break-even question?
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SM94
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(Original post by Duckzilla)
Did you get 30 for the break-even question?
Yep
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Duckzilla
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#18
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(Original post by SM94)
Yep
Yay
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Groat
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#19
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(Original post by Duckzilla)
Yay
I was quite disappointed the break-even question was only 4 marks, they normally don't give you the formula and it's an 8 mark question.

At least they added the 6 mark question about fixed/variable costs = cha-ching!
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Duckzilla
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#20
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(Original post by Groat)
I was quite disappointed the break-even question was only 4 marks, they normally don't give you the formula and it's an 8 mark question.

At least they added the 6 mark question about fixed/variable costs = cha-ching!
I was disappointed that they didn't ask any formulas at all, I had them all ready to use! It was unusual for the acid test not to come up. I liked the fixed and variable costs question, six free marks
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