Turn on thread page Beta
    • Thread Starter
    Offline

    4
    ReputationRep:
    Hello,

    Anyone else studying the HNC Business Case Study on Smartco Stores Group?

    trying to start an online tsr study thread: exchanging thoughts, questions, advice on working the case study to prepare for the GU in May!
    Offline

    1
    ReputationRep:
    Yes! This is a great idea
    Offline

    0
    ReputationRep:
    Yes i am, we've noticed a considerable similarity between Smartco and Tesco
    Offline

    1
    ReputationRep:
    So, acquisitions.. There's a whole bunch on that! What kind of questions d'ya think might come up?
    • Thread Starter
    Offline

    4
    ReputationRep:
    Also There's Very Little advertising. And a very diverse product mix however unlike Walkers Shortbread non of Smartco's products are closely related

    All possible questions are to be posted with subject titles
    • Thread Starter
    Offline

    4
    ReputationRep:
    (Original post by Sneilly3)
    Yes! This is a great idea
    Glad you agree!
    • Thread Starter
    Offline

    4
    ReputationRep:
    (Original post by thyme)
    Yes i am, we've noticed a considerable similarity between Smartco and Tesco
    Did you have a case study and questions on Tesco?
    Offline

    0
    ReputationRep:
    Not for the mock exam but we've worked on a few throughout the year, within MPO i think.

    Our group leader has a few suggestions for topics we may want to brush up on...

    strengths and weaknesses
    Marketing Mix
    Product Diversification
    Organisational structure
    mission statement
    international expansion
    stakeholders
    ratios
    international partnership agreements
    acquisition of smaller retailers
    income elasticity
    demand and supply
    government policy
    decline of turnover and profit
    • Thread Starter
    Offline

    4
    ReputationRep:
    Got advised to gather information supported by the case study on:
    Company focus/vision
    Countries company operates
    What's the product mix
    Multi channel retail
    Characteristics of the UK supermarket market
    Marketing strategy
    Promotional activities (few)
    Financial situation
    Important issues
    Company's Organization
    • Thread Starter
    Offline

    4
    ReputationRep:
    there's only one ratio that can be calculated which is gross profit margin = gp/sales .

    Not wrapped my head around how to link ratios into answers just yet haven't tried yet. But calculated the GPM for each continent
    • Thread Starter
    Offline

    4
    ReputationRep:
    for the marketing mix would you put - competitive prices, promotion: smartco website - Place:diff continents, product: food, clothing, electronics, telecoms, petrol ?
    • Thread Starter
    Offline

    4
    ReputationRep:
    (Original post by thyme)
    Not for the mock exam but we've worked on a few throughout the year, within MPO i think.

    Our group leader has a few suggestions for topics we may want to brush up on...

    strengths and weaknesses
    Marketing Mix
    Product Diversification
    Organisational structure
    mission statement
    international expansion
    stakeholders
    ratios
    international partnership agreements
    acquisition of smaller retailers
    income elasticity
    demand and supply
    government policy
    decline of turnover and profit
    How have you related income elasticity to the Case study?
    • Thread Starter
    Offline

    4
    ReputationRep:
    (Original post by Sneilly3)
    Yes! This is a great idea
    What type of questions have you made up for economics, mpo, and accounting/finance ?
    Offline

    1
    ReputationRep:
    Can anyone remember what questions were asked in the 2015 GU? We have smartco this year. Questions might be different but just so we know what areas to concentrate on
    Offline

    1
    ReputationRep:
    Hi please tell me you still use this? Do u know the questions for it? Or what questions did u get
    Offline

    1
    ReputationRep:
    (Original post by Cmxo24)
    Can anyone remember what questions were asked in the 2015 GU? We have smartco this year. Questions might be different but just so we know what areas to concentrate on
    Im the same can someone please give any advice on what they remember?
    Offline

    1
    ReputationRep:
    (Original post by Angelamcconville)
    Im the same can someone please give any advice on what they remember?
    Also what you looking over? Have your lecturers given any hints?
    Offline

    1
    ReputationRep:
    (Original post by Angelamcconville)
    Also what you looking over? Have your lecturers given any hints?
    yes, we’re looking at management strategies and monopolies. also users of finance and sources of finance. there’s quite a lot on marketing too about the 4Ps and price elasticity. What about you?
    Offline

    1
    ReputationRep:
    [QUOTE=wong26;55166015]Hello,

    after what we went through we found that the econ section to be a bit hard than we though..pricing stategies, oligopoly market structures, demand factors affecting supermarkets and etc...
 
 
 
The home of Results and Clearing

1,502

people online now

1,567,000

students helped last year

University open days

  1. Keele University
    General Open Day Undergraduate
    Sun, 19 Aug '18
  2. University of Melbourne
    Open Day Undergraduate
    Sun, 19 Aug '18
  3. Sheffield Hallam University
    City Campus Undergraduate
    Tue, 21 Aug '18
Poll
A-level students - how do you feel about your results?

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.