Higher Level Business Aftermath

Lucas10101

I thought the Honours Paper was exceptionally easy, I only got a D1 in my mock, now I think I can get B1-A2 amazingly seen as I hate the subject.

The short answers were easier than normal and the Applied Business Question was easier than previous years.

Was great to see the Sale of Goods Act 1980 come up, guaranteed full marks.

I got 58,988 or 56,988 something like that for the Tax Question, anyone else get this.

Overall a Nice Paper!

colm-ccfc84

Yeah reasonable paper. I got an A1 in my pre so I would hope to get one again here. Wide range of questions and choice. Very gruelling though, only just finished in time.

nedward

Didn't think it was the best paper ever now. I thought it was more like a mock the way it was laid out and in its questions. I mean, what was up with the Data Protection Act in Question 3? Unit 7 featured prominently in short questions

Evd-Burner

It went very well for me, i filled an entire booklet plus an extra sheet...

My hand is on the brink of falling off, nearly didnt finish in time though...

I'd say that i got an a2 or b1...

mathew

i was very happy over all. The shorts were very easy. The ABQ was alright, didnt know what the last question was on about, so I waffled, think I answered it right all the same.
The longs were grand. Nothing difficult in them at all really.
My hand was in bits after it tho.. still is!! I only just had enough time!
Got the A1 in the mocks so I hope I'll get the same with this one

toxick

i found it alrightish.. B hopfully, shorts were easy and APQ was ok, 3rd questions like above poster i didnt get, waffled on about aload of stuff. time as a factor for me, and the long questions in part 1 i did not like one bit

qwertyface

what did people say for the last question in the ABQ? I think I did it completley wrong, which is 30 marks gone!!

euwwy deuwwy

Yeh, wasn't a bad paper alright. I was really stuck for time though and alot of my questions were extremely rushed and my whole test was really messy. I got 5000 nd sumtin 4 the tax quetion aswell but I didnt have a calculator so that might wrong. Overall I'd say a b1

sternn

Im hopeful i got my A, probably not my A1.

Made 2 mistakes, calculated the take-home pay wrong because i took away PRSI before i deducted tax...hopefully will lose a max of 10 marks.
Also, mixed up between P12 and P35 (i think thats what they are anyway)

The ABQ part C, i just wrote about how he was a sole-trader and how it would be so much better if he changed to a private limited company. Hopefully i answered it the right way.
80/80 for the shorts, they were quite easy.
And 3 laws, how amazing!!

Thomas_S_Hunterson

That was a bloody marathon of a paper. My arm is wrecked!!!

It was grand though, easy but gruelling.

colm-ccfc84

Abq part 3 I did the characterisitcs of being a sole trader and there were plenty of links. Then in the evaluation I recommended a privte ltd and bring in his daughter, will be able to raise more finance, limited liabilty, greater expertise.....

cson

The question (C) on the ABQ was very poorly defined;

"Evaluate McGComputers as a type of business organisation with appropriate recommendations"

I presumed that Jason McGinley was a sole trader due to the fact;
1: His company had no 'Ltd' after it
2: His house was being used as collateral
3: He was working long hours.
4: Functional structure/matrix etc is in unit 3

I the discussed his sole trader form of organisation and recommended he changed to Ltd.

Very poorly worded.

Rest of it was fine, short Qs were very easy.

And yeah the take home pay was €56,988 I think. Jesus they fairly rape ya for the tax considering she was on €84,000. Tax was €20,500 at the higher rate :eek:

euwwy deuwwy

****, for part c i didnt actually mention he was a sole trader, I just recommended changing to a LTD, nd gave the benefits nd a short paragraph of some downfalls to take into consideration. Well there goes another 10 marks What did everyone say for the insurance question?

colm-ccfc84

Cson that is it for part C, exactly what I did. It was poorly phrased indeed but the fact that he set it up, his house was secured etc.

sternn

****, while writing out the thing about what i did about insurance...i realised i did 3 insurances and 2 taxes...how feckin stupid aaaaaaaahhhhhhh :eek:

bebop!

Business Short questions were grand ,,, Long Questions were very doable! But the (C) in the ABQ was very open ended ,,it was hard to understand what the heck they wanted us to do! I Mentioned some points about sole trader,ltd liability ,, lack of expertise found in the firm,,, lack of organisation strucure,, very foucesd product range ,, lack of finance and that these areas should b improved what do yous think anyone else go along same lines?? what did people write for the part A???

p.s WOOOO Business is finished!!!!

cson

For the insurances question it was;
"Describe all the insurances appropriate to the context described"

By that reckoning you'd have to discuss Jasons insurance with respect to;
(1) Jason as a householder - House insurance, life assurance, medical insurance etc

(2) Jasons Business - Fidelity guarantee (some bastard stole from him), product liability, motor ins (5 vans), GIT, employers liability, key person etc etc

colm-ccfc84

I did all business ones but did 5 so sorted.

cson

bebop! wrote:

what did people write for the part A???

Afaik, trade fairs (experience with demonstrations), questionaires (already has good relationship with customers, CSO (reads trade publications so thats just an alternative)

Gangsta

Lads that was way too easy. I was up until half four studying that rubbish and was still sh!ttin a brick! Hopefully and A1 but I think they'll mark that hard because it was so easy.


PS. WHY IS THERE TWO THREADS FOR ALMOST EVERY SUBJECT?!!

Bluefox21

lol is NATO a trade bloc what did ppl get for the second one lol ( im presuming everyone got the EU) and for ABQ part c I just compared the business under headings like finance type of company human resource management market research etc....

Thomas_S_Hunterson

Bluefox21 wrote:

lol is NATO a trade bloc what did ppl get for the second one lol ( im presuming everyone got the EU) and for ABQ part c I just compared the business under headings like finance type of company human resource management market research etc....

Does the Benelux union still exist???

I hope I get the marks for it

cson

Bluefox21 wrote:

lol is NATO a trade bloc what did ppl get for the second one lol ( im presuming everyone got the EU) and for ABQ part c I just compared the business under headings like finance type of company human resource management market research etc....

Well I'd presume business organisation means sole trader/partnership/ltd/plc etc so....

And the North Atlantic Treaty Organisation is more of a war machine than a trading bloc.....

Two common enough trading blocs are NAFTA (USA Canada Mexico) and the Pacific Rim (NZ ad OZ)

bebop!

What about WTO as a trading bloc??

cson

Thats more of an organisation than a trading bloc.

bebop!

cson wrote:

Thats more of an organisation than a trading bloc.

OH feck!! 9 other short questions to count on so!!


EDIT: I checked up answer in Global Business Book ,,, WTO is mentioned as an example of trading bloc as well as EU and NAFTA

cson

bebop! wrote:

OH feck!! 9 other short questions to count on so!!

The short Qs were easy though, I'd them done in 15 mins. Plenty of time for the ABQ although I was 10 mins looking at the part (C) of it before I did it.

bebop!

Yea, time wasn't really an issue today.. which is strange because Im always last to leave a business exam because I have to use every minute. I found that I was able to do Q1 and Q7 in section C within a half an hour! Which gave me more time to think about what waffle I was going to write for ABQ (C)!!!!

analyse this

bebop! wrote:

What about WTO as a trading bloc??

yeah I put WTO down too!! Wasnt too sure though so I just guessed?:D

Overall exam was pretty easy. What did people get in this taxation question? I think I got something like 58988. I completely ruined question c of the ABQ!! I thought they meant evaluate the business...so I started talkin about good use of market research and effective implementation of empowerment!! Was terribly phrased!:mad:

D. Coughlan

Good exam today put could have been easier in certain areas particularly the ABQ. It was not clear to me what they were asking in both parts A and C.
Also what did people put down for Q10 in the shorts, i put down board na mona but could not give 2 points for the second part.

cson

Q-10 for me;

> Coillte

> 1: Produce timber for use in the construction industry and manage the forests
2: Exporting excess timber in order to help balance of payments

For bord na mona;
1: To create employment in the midlands
2:To provide fuel for power plants/homes etc

Hopkirk

I thought it was an easy paper, Just the part C in the ABQ, Managed to waffle on a fair bit about him being a sole trader and the advantages and disadvantages, Suggested becoming a Private Limited Company,Empowering his staff, especially his daughter and Business Reprocess Engineering, I hope that was what they were looking for, Very poorly phrased Question,

I got £56588 for the Take home pay, Think it was right, My Higher rate of tax was huge though, £20500,:eek:

Still though an easy paper, Hopefully got the A1

Lucas10101

I put down the EU as my first Trading Bloc but my mind was lost as to another one. Then I just skipped it and wrote non-stop till 12.26 then I just re-checked my paper to see if I answered all 8 compulsory short questions and I then remembered. In a rush I put down the Single European Market, now I know how stupid it was!

I thought (C) of ABQ was simply asked though. Like they asked you to Evaluate the type of Business Organisation and evaluate your recommendations for him. Like the only business organisations are Sole Trader etc. And recommendations obviously meant recommending how he continues his business. I split it in two and thought for 1 minute as I was confused at first then seemed a lot simpler after a while.

I was more concerned about the Marking. I see a Thirty Mark question in Insurance and said " Okay, that's 6 good points at 5 Marks each", I went through this philosophy and put down 7 Insurances with quotes and explanations. Was I right to presume such a marking scheme??

qwertyface

analyse this wrote:

yeah I put WTO down too!! Wasnt too sure though so I just guessed?:D

I thought they meant evaluate the business...so I started talkin about good use of market research and effective implementation of empowerment!! Was terribly phrased!

I did pretty much the same! I did kinda like a swot analysis of the business... I was used to doing stuff like that for LCVP case studies! So thats about 20 or 30 marks lost anyway....

The wto is a trading bloc btw, the two examples in my book are eu and wto!

FunkZ

The exam went okay, probably a b3? Part A of the ABQ was good, I got full marks on it, but what was it on again? I found part C tough though. Well one exam left, Music...

Ps. Somebody put a Ballygowen bottle filled with vinegar in my fridge, I just chugged a bit of it, rank...

Lucas10101

The (a) part was about the marketing techniques he currently uses and any recommendations on them.

Although I got a little mixed up here. I put recommendations on what he could do in relation to the techniques he used i.e Questionnaire/Survey for Consumer related one instead of doing completely random new marketing techniques??

cson

qwertyface wrote:

The wto is a trading bloc btw, the two examples in my book are eu and wto!

Afaik it's not and wiki seems to confirm this;

Trading Bloc > http://en.wikipedia.org/wiki/Trading_bloc

WTO > http://en.wikipedia.org/wiki/World_Trade_Organization

Lucas10101

N.B What's AFAIK.....trying for months to figure it out but didn't bother asking? Lol.

I don't think the WTO is a trading bloc???

bebop!

cson wrote:

Q-10 for me;

> Coillte

> 1: Produce timber for use in the construction industry and manage the forests
2: Exporting excess timber in order to help balance of payments

For bord na mona;
1: To create employment in the midlands
2:To provide fuel for power plants/homes etc

For this question I took it as "explain two reasons for state involvement in this category" as in why they participate in the production category in general... also i was thinking Coillte aswell but thinking bout it now bord na mona would be more correct i would think because coillte is more to do with the primary industry.??!? Oh I hate post mortems!

cson

Much of a muchness really, Coillte process a good whack of what they cut down themselves and sell it.

@lucas10101: Afaik = As Far As I Know

Seinas

i threw down Mercosur as my other trading bloc

curlysue18

The Global Business book gives wto as an example of a trading bloc.

i was pretty happy with it, i only barely finished in time though, i spent way too long on the abq and had to rush the long questions. my hand was on the verge of falling off:eek:

I was hoping for an a but reckon i got maybe a b2. part (c) of abq and the stupid tax forms were the parts where i went wrong :mad:

overall it was a pretty easy exam..

Haven't a Clue

Thought that was a great paper. The short questions were pretty handy, although I couldn't think of a second trading bloc to put down.

ABQ parts 1 and 2 were class, especially the insurance question.

Long questions were pretty good too, I did 1,5,6,7 I think. Lots of nice problem solving questions thrown in there.

Reckon I might've gotten a B out of a subject I got A D in in the mocks.

cabla

Mine was ok i think..perhaps a B3

ashyle

cson wrote:

The question (C) on the ABQ was very poorly defined;

"Evaluate McGComputers as a type of business organisation with appropriate recommendations"

I presumed that Jason McGinley was a sole trader due to the fact;
1: His company had no 'Ltd' after it
2: His house was being used as collateral
3: He was working long hours.
4: Functional structure/matrix etc is in unit 3

I the discussed his sole trader form of organisation and recommended he changed to Ltd.

Very poorly worded.

Rest of it was fine, short Qs were very easy.

And yeah the take home pay was €56,988 I think. Jesus they fairly rape ya for the tax considering she was on €84,000. Tax was €20,500 at the higher rate :eek:

sounds liek my ABQ too. Think I got that for pay aswell!!

All is not lost

analyse this

Will the department learn about the student's reaction to question c of ABQ and consequently change the marks? I'm determined to get at least a few marks for that question, even if it means I have to e-mail M.Hannifan and tell her about it!

me2gud4u

yeh i thought the Abq was fairly incoherent towards the end especially the last sentence. Here u know the way he had to put his house as security doesn't that indicate unlimted liability which would indicate either sole trader or partnership yet he has 12 employess, was in charge and was only perhaps thinking of getting the girl to go into day to day running?Then at the end the metion of investors would indicate limited liabilty, so some kind or limited company prob private so how were we supposed to determine the type of organisational structure? Did anyone think the question and Abq was all over the place with no definite structure, was like the person who set it started writing it, went off for a game of golf or something and then camre back and finished of setting the questions and alst paragraph, severly disjointed!

otherwise the short questions and long section was a dream-with the hotly tipped data protection act up!!very nice!!

Bluefox21

damn im hoping they still give marks for my analysis of the business as an organisation rather then what type of organisation I thought all that was't gonna be in the ABQ coz of the unit it was in lol correct me if im wrong coz I threw away my business book

curlysue18

Maybe we should all complain about part c, it really was very unclear...

fallon54

Article in the Indo today referring to this question (ABQ part C) so clearly everyone had difficulty with it, was very vague to be honest.

Quick Question, in relation to short question number 10. I fairly bombed through the short questions they were handy but everyone else seems to have used an extractive industry for production. I chose the ESB (production of electricity) and my two reasons were
1. To provide essential services to rural and otherwise unprofitable areas
2. To prevent a monopoly and give consumers choice.

CosaFada

Like everyone one else I was messed up by that part c.
Immediately i thought it was referring to legal structure but then i thought:
1.theres no clear indication as to what type of business structure it is,you could guess,but it really would be risky to base 30 marks on a guess.
2.In my book legal structures are always referred to as business "structures" and not business "organisations". Is this the same in other books? (mines business on-line by the way!)
I didnt finish the question anyway so im not going to benefit much whatever the answer is,but the reason i didnt finish was because i sopent so long just goin wtf!?did this happen to anyone alse?:D I know i shouldnt have let it happen to me but something like that really throws you in an exam!!