jakebonnington
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#1
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#1
anyone else do WJEC business at a level? and does anyone have any predictions of what's going to come up for this year's exams?
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michelle4698
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#2
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#2
How did it go?
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jakebonnington
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#3
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#3
(Original post by michelle4698)
How did it go?
the questions weren't too bad but i found them a bit ambiguous so i didn't know if i was writing the right thing
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michelle4698
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#4
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#4
That's exactly how I felt with the lean production and leadership styles one!
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jakebonnington
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#5
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#5
(Original post by michelle4698)
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:laugh:
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michelle4698
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#6
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#6
(Original post by jakebonnington)
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:laugh:

Haha what did you put for the consumer protection one i literally just wrote the laws on it 😩
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jakebonnington
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#7
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#7
(Original post by michelle4698)
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
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michelle4698
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#8
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#8
(Original post by jakebonnington)
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
The questions were just so confusing
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jakebonnington
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#9
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#9
michelle4698 how did you find component 2?
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livy500
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#10
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#10
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
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jakebonnington
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#11
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#11
(Original post by livy500)
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
oh **** i worked out income elasticity but my percentage change for income was still in my workings do you think i'll still get the marks?

i think i got 2.5% though ?
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michelle4698
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#12
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#12
(Original post by jakebonnington)
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?
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jakebonnington
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#13
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#13
(Original post by michelle4698)
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:sigh:
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beth000
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#14
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#14
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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michelle4698
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#15
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#15
(Original post by jakebonnington)
it was a nice paper apart from the starbucks question:sigh:
What did you say for the last porters one 😩
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michelle4698
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#16
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#16
(Original post by beth000)
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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Yeh they're the same
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jakebonnington
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#17
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#17
(Original post by michelle4698)
What did you say for the last porters one 😩
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:lol:
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jakebonnington
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#18
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#18
(Original post by beth000)
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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yeah i think eduqas is the english board for wjec (i might be wrong about that though) but they're the same business paper

how did you find it?
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michelle4698
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#19
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#19
(Original post by jakebonnington)
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:lol:
That sounds like such a good answer!!! Still can't believe there was no investment appraisal or ratio analysis
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jakebonnington
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#20
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#20
(Original post by michelle4698)
That sounds like such a good answer!!! Still can't believe there was no investment appraisal or ratio analysis
i know i was so pissed:mad:
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