Hi Guys
I have seen the paper and as usual some real zingers in the 4 mark section. Glad we talked about debentures in the run up revision session. Plus making clear what operating profit was! Never would have seen that as a first question.
The only confusion for us is question 8 where it asks to "show your working" but there is some debate as to whether you would show any.
Product trails came up for an 8 marker which is good given I have 4 of you ask me what they were and their advantages/disadvantages.
Section B had a good range: Supply side factors, differentiation, product trials, business ownership, unemployment and exchange rates.
My hope is that you recalled limited companies can obtain finance easier, have the unlimited liability and as such are seen as more reliable to use as a supplier.
Mr Oates
I have seen the paper and as usual some real zingers in the 4 mark section. Glad we talked about debentures in the run up revision session. Plus making clear what operating profit was! Never would have seen that as a first question.
The only confusion for us is question 8 where it asks to "show your working" but there is some debate as to whether you would show any.
Product trails came up for an 8 marker which is good given I have 4 of you ask me what they were and their advantages/disadvantages.
Section B had a good range: Supply side factors, differentiation, product trials, business ownership, unemployment and exchange rates.
My hope is that you recalled limited companies can obtain finance easier, have the unlimited liability and as such are seen as more reliable to use as a supplier.
Mr Oates
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