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Edexcel A Level Business Paper 2 (9BS0 02) - 21st May 2024 [Exam Chat]

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Edexcel A Level Business Paper 2 (9BS0 02) | 21st May 2024 [Exam Chat]

Welcome to the exam discussion thread for this exam. Introduce yourself! Let others know what you're aiming for in your exams, what you are struggling with in your revision or anything else.

Wishing you all the best of luck.

General Information
Date/Time: 21st May 2024/ AM
Length: 2h

(edited 1 year ago)

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Reply 1

Original post by Talkative Toad

Edexcel A Level Business Paper 2 (9BS0 02) | 21st May 2024 [Exam Chat]

Welcome to the exam discussion thread for this exam. Introduce yourself! Let others know what you're aiming for in your exams, what you are struggling with in your revision or anything else.

Wishing you all the best of luck.
General Information
Date/Time: 21st May 2024/ AM
Length: 2h


I need help on my content

Reply 2

Original post by hazy beaķ577
I need help on my content

What specifically? I am happy to help where I can
(edited 11 months ago)

Reply 3

predictions? Surely not many maths questions cos of the three in paper 1

Reply 4

Balance sheet 10 marker I reckon

Reply 5

Does anyone know how to work on timing? It's so difficult to finish writing every single question in two hours, especially if you're writing good quality answers etc. Personally I have practiced timing questions as well, but I didn't do so well in paper 1 so I'm not even sure what to do now

Reply 6

i saw this on tiktok and the person who did this prediction for paper 1 was right so i think paper 2 would be the same again IMG_4073.jpg

Reply 7

Original post by stargirl28
i saw this on tiktok and the person who did this prediction for paper 1 was right so i think paper 2 would be the same again IMG_4073.jpg

Whats the name of the account

Reply 8

Original post by Zuko9888
Does anyone know how to work on timing? It's so difficult to finish writing every single question in two hours, especially if you're writing good quality answers etc. Personally I have practiced timing questions as well, but I didn't do so well in paper 1 so I'm not even sure what to do now

a min a mark so 10 marks 10mins and at the end you ll have enough time to go back and finsih any qs you havent

Reply 9

Original post by foul-screenwrite
Whats the name of the account
@alee5ha

Reply 10

What’s the difference between improving profit and cash flow and what’s the pros and cons of each of them??

Reply 11

Original post by Michellexl
What’s the difference between improving profit and cash flow and what’s the pros and cons of each of them??

Improving profit involves increasing earnings after expenses, indicating business success, but may lead to risks like cost-cutting affecting quality. Improving cash flow ensures liquidity for short-term obligations, flexibility, and reduced risk of insolvency, but may overlook long-term profitability and require complex management. Both are vital, with profit focusing on earnings and cash flow on liquidity.

Reply 12

Original post by RandomLawGuy
predictions? Surely not many maths questions cos of the three in paper 1

Theres meant to be at least 10 marks per paper based on quantitative skills so i wouldnt rule anything out.

Reply 13

Original post by Michellexl
What’s the difference between improving profit and cash flow and what’s the pros and cons of each of them??
Improving profit is done through 2 methods - either reducing costs ( fixed or variable ) or increasing the price. As profit = selling price - cost per unit. Alternatively it depends which type of profit you are looking at , for gross profit you would reduce cost of sales , or increase sales revenue ( look at the income statement structure for this ). For the others you would make respective changes. Cash flow is just movement of cash - if you want to improve it you would do things like reducing credit payments , being more flexible with payables etc - i cant list all the pros and cons but if you want i can send you pictures.

Reply 14

Original post by stargirl28
i saw this on tiktok and the person who did this prediction for paper 1 was right so i think paper 2 would be the same again IMG_4073.jpg

Thats very helpful , thank you.

Reply 15

Original post by MegaTutor
Improving profit is done through 2 methods - either reducing costs ( fixed or variable ) or increasing the price. As profit = selling price - cost per unit. Alternatively it depends which type of profit you are looking at , for gross profit you would reduce cost of sales , or increase sales revenue ( look at the income statement structure for this ). For the others you would make respective changes. Cash flow is just movement of cash - if you want to improve it you would do things like reducing credit payments , being more flexible with payables etc - i cant list all the pros and cons but if you want i can send you pictures.

Thank you, could you also send me a picture?

Reply 16

Original post by Michellexl
Thank you, could you also send me a picture?

How can i do that?

Reply 17

Original post by MegaTutor
How can i do that?

Post it here

Reply 18

whats the difference between quality assurance and total quality management?

Reply 19

Original post by deepkawals0001
whats the difference between quality assurance and total quality management?

quality assurance is where there is several checks throughout the production process - this can be done by specialist inspectors or workers themselves can be trained to do so. Total quality management is where there is a quality check at "each" and "every" stage of the production stage. Workers will only pass the product onto the next stage if it is correct. Hence they need to be trained to be able to assess the quality. This is costly as well as being time consuming. TQM - uses the philosophy of get it right the next time , as then you wont have to redo a product because of an error.

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