***2015 LC Business - Higher Level - June 11th***

BlueWolf16

Claiming !!

So what did you guys think of it?

Thought it was fantastic myself. Short Qs were really easy, ABQ was very nice, Long Qs very good too. Did 1, then 4,5 and 7 if I remember correctly.. Was a bit annoyed at q1 where it asked to explain "specific performance", wasn't sure if it meant ending a contract since the deed is carried out, or a judge ordering the contract to be carried out.. Besides that, most very really nice.

Jijsaw

Thought it was grand, a lot of people in my year hated it though...

Magnate

That was beautiful.

nickys

My daughter just texted thought is was a lovely paper

Anonymagician

Everyone in my year thought it was beautiful. Going to get crucified by the marking scheme though.

Jamies15

For what should have been a relatively easy paper my exam was p*ss poor.

How many points did you need part C of the ABQ (30 marks)?

Jijsaw

What LQs did ye do?

I did Q3, 5, 6, and 7.

Peregrine

Magnate wrote: »

That was beautiful.

So, no funny business going on, no? :cool:




Sorry, yeah, I'll just leave :pac:

Anonymagician

Jijsaw wrote: »

What LQs did ye do?

I did Q3, 5, 6, and 7.

I did 1,4,5 and 6. Q6 was delightful, my teacher said the first part could've easily been on a JC HL paper.

westernfrenzy

That was kinda meh. Was far too tired for it

Leitrim96

Ways to segment the market??? Just guessed field research and desk research

BlueWolf16

Leitrim96 wrote: »

Ways to segment the market??? Just guessed field research and desk research

god damnit.. Said by Demographic and Physiological needs of consumers... Your's probably right though.

Magnate

BlueWolf16 wrote: »

god damnit.. Said by Demographic and Physiological needs of consumers... Your's probably right though.

No, you're right

irishlad12345

Taught it was grand hopin for C2 answered everything well so here hoping

Kremin

BlueWolf16 wrote: »

god damnit.. Said by Demographic and Physiological needs of consumers... Your's probably right though.

I only realised this at the very end and just wrote those two headings in brackets where my original points were, ha.


Did anyone else do the cashflow question? Was there a mistake with the numbers? I added the entire row to the left for C and got 15000 but then doing it solely from the total tab was 20000.... someone else had this problem too because he called the examiner to ask if his script had a misprint...

Leitrim96

So no marks for field and desk research then? Oh man

Codswapple

nice exam. Did Q3,5,6,7.

Short questions weren't too bad but the space they give you is small enough for short questions.

My only worry was for the SWOT for the ABQ. How many did everybody give? I did one for each strength/weakness

Barry1000

Are the headings for reducing bad debt with credit control system :
Technology- EDI
Credit Worthiness
Standard Cut off point
Reduce credit transactions

RoRo979

Kremin wrote: »

I only realised this at the very end and just wrote those two headings in brackets where my original points were, ha.


Did anyone else do the cashflow question? Was there a mistake with the numbers? I added the entire row to the left for C and got 15000 but then doing it solely from the total tab was 20000.... someone else had this problem too because he called the examiner to ask if his script had a misprint...

whether there was a misprint or not it didnt matter as far as i know A was opening stock so just take from previous year closing, B you just take the receipts away from payments and C it is just the opening stock of the first month.

Off the top of my head

a = (10000)
b = (30,000)
c = 20000

Onto the paper anyway. It was fair but i am not happy. I did a good bit of study, expansion, indentifying oppertunites, ratio analysis didnt or barely come up which are pretty big topics.

Management skills and activities also barely came up, 4 benefits of functional, 4 ways reduce bad debt, 4 principles of good communication.

Unit 4: good bit came up i suppose from it but they were ****ty pieces imo, I had tqm done all managing change and hrm done but wasnt chance to show off my knowledge.

Short questions: easy tbh, didnt have an example of a merger and the "factors of production are recources for production of good" i said true, but enterprise isnt a recource, but it could be seen as one i suppose. But think i did well in the rest:

ABQ: part a) sure everyone knew that was coming
b) 30 marks on swot....... i suppose 20 marks went for the defination so 2 points were needed.
c) 30 marks so i threw down 4 titles. Communication, employee participation, lead by example and train employees.

Long q's:
q3) no matter what came up i had to do it, b and c where very weird questions. From a point of view as in what point do they want. for part c it was describe implementation and thinking of directives and regulations:
so i did point 1)EC 2) EP and council of EU 3) Directive 4) regulation.
however one of my friends just talked about the decision making process. Business is generally a strict marking scheme so one of us are losing marks, not for lack of knowledge, but for not writing it as its wanted.

q4) grand
q6) grand
q7) had to bs on the product part of part a. but overall wasnt too bad.

Im just worried the points i put down were different to what was wanted, some were phrased weird imo.

Are the headings for reducing bad debt with credit control system :
Technology- EDI
Credit Worthiness
Standard Cut off point
Reduce credit transactions

wont know until marking scheme is out I did however:
Discount early payment
Take out insurance on bad debt
Limit credit transactions
Research credit background

Johnjoeboy

For the ABQ what people say for that third part about adapt to change evaluate it how how it was effective.

Codswapple

I mentioned consultation, empowerment, teamwork, training and tqm and evaluation. That many wasn't necessary though. I think 4 is enough

BlueWolf16

Johnjoeboy wrote: »

For the ABQ what people say for that third part about adapt to change evaluate it how how it was effective.

Said it was effective - he trained the employees, acknowledged technology by setting up a website, rewarded the employees and motivated them well, and then that he set up 'quality circles' and took the opinios of employees.

Johnjoeboy

BlueWolf16 wrote: »

Said it was effective - he trained the employees, acknowledged technology by setting up a website, rewarded the employees and motivated them well, and then that he set up 'quality circles' and took the opinios of employees.

Yeah I said communicated about change to employees,trained and upskilled them,brought in new efficient equipment and he introduced new range of products cause of the change in industry.are they ok

Leitrim96

What's the business marking scheme like? If they wanted four points for that (C) part of the ABQ and you put down three are you automatically docked the marks? I thought that was far worse paper than the mocks

Also the question on discrimination, what is that tribunal? I just made up about how it apoints equality mediators and officers and works woth the DEI. Can enter premisis and runs an advisory service hahaha

leavingcert15

For the ABQ part (c) was that not, lead by example, train employees, communicate, reward employees, allow employees to participate ?

Tables

Johnjoeboy wrote: »

For the ABQ what people say for that third part about adapt to change evaluate it how how it was effective.

The answers were:
Training - the company had sent staff on a training day.
Communication - He spoke to them all about the SWOT analysis that the woman did.
Embody change - He showed that by accepting all the woman's suggestions how change was good.

They were the 3 I did, you could replace one with Employee Participation if you wanted, I couldn't find the quote for it but I'd be certain it was there.

The last question of the ABQ, when worth 30m is always 3 answers for 10m each, 4+2+1+3 (heading, first point, second point, evaluation)

The paper I felt; was very fair. A lot of my own predictions came up, the shorts were an absolute breeze, I did them all, completely filling up the space given (and then some) in 20 minutes.
I did questions 2, 5, 6 and 7.
All questions were completely fine, nothing unexpected.
I found myself waffling a bit for the woman starting a buisiness making the cutlery, i said Staff, Production method (job) and Finance.
Also the Product, Place and Price question was fairly waffle-friendly but the evaluation bit allowed for easy gain of marks so it evens out if what I said for each in a general sense wasn't what they wanted.

Overall I'll be hoping for a A2 but won't be surprised if they have a very tight marking scheme for an easy paper and I walk out with a B1-B2.

Codswapple

If you just give one evaluation at the end is that alright for ABQ part c?

Leitrim96

Tables wrote: »

The answers were:
Training - the company had sent staff on a trading day.
Communication - He spoke to them all about the SWOT analysis that the woman did.
Embody change - He showed that by accepting all the woman's suggestions how change was good.

They were the 3 I did, you could replace one with Employee Participation if you wanted, I couldn't find the quote for it but I'd be certain it was there.

The last question of the ABQ, when worth 30m is always 3 answers for 10m each, 4+2+1+3 (heading, first point, second point, evaluation)

The paper I felt; was very fair. A lot of my own predictions came up, the shorts were an absolute breeze, I did them all, completely filling up the space given (and then some) in 20 minutes.
I did questions 2, 5, 6 and 7.
All questions were completely fine, nothing unexpected.
I found myself waffling a bit for the woman starting a buisiness making the cutlery, i said Staff, Production method (job) and Finace.
Also the Product, Place and Price question was fairly waffle-friendly but the evaluation bit allowed for easy gain of marks so it evens out of what I said for each in a general sense wasn't what they wanted.

Overall I'll be hoping for a A2 but won't be surprised if they have a very tight marking scheme for an easy paper and I walk out with a B1-B2.

There was an evaluate on the price/product/promotion question?!

leavingcert15

I don't think there was an evaluation you had to connect it with a product of your choice

Leitrim96

leavingcert15 wrote: »

I don't think there was an evaluation you had to connect it with a product of your choice

I didn't even see that. I thought that was just for the product life cycle question

Tray1234

Just wondering if anyone did the 2nd question of the long questions. Was the answer to the second part Economic Variables where it asked how employment effected something? TIA

Tables

Leitrim96 wrote: »

There was an evaluate on the price/product/promotion question?!

It said to 'Discuss' did it not? I could be getting it mixed up with another question.

Tray1234

Tables wrote: »

It said to 'Discuss' did it not? I could be getting it mixed up with another question.

I'm pretty sure the only question with evaluate on it was the C part of the ABQ

Leitrim96

Tray1234 wrote: »

I'm pretty sure the only question with evaluate on it was the C part of the ABQ

Yeah I thought that too

Johnjoeboy

For that director of equality tribunal could you say they investigate try to solve dilutes about discrimination and arbitration that they listen to each person and come up with solution from there or is that something else??

leavingcert15

Ya that's what I was thinking of, what question was the marketing mix on I can't even remember if I done it

BlueWolf16

Johnjoeboy wrote: »

For that director of equality tribunal could you say they investigate try to solve dilutes about discrimination and arbitration that they listen to each person and come up with solution from there or is that something else??

I wasn't sure, so just waffled about how they advise the gov. on what laws to propose, like if a certain offence happens often to strengthen the consequences, then said that they investigate complaints, and finally that they promote good industrial relations and encourage employers to treat everyone equally. Don't trust me on this though.

The Adversary

Thought it was a lovely paper. Bit of waffle in a couple of parts but apart from that really happy.

The ABQ was nice but I was informed that the lads name was Martin and not Michael and here I was calling him Michael the whole time :P I'd hardly lose marks for that would I??

Kremin

Leitrim96 wrote: »

What's the business marking scheme like? If they wanted four points for that (C) part of the ABQ and you put down three are you automatically docked the marks? I thought that was far worse paper than the mocks

I think it was actually 6 for part c... 30 marks for 6x5 2 for statement, 2 for explanation and 1 for quote is pretty standard for the abq.. if you needed 5 and you only put 4 you lose 5 marks, they can't give you 6 instead of 5 for each point unfortunately

Johnjoeboy

BlueWolf16 wrote: »

I wasn't sure, so just waffled about how they advise the gov. on what laws to propose, like if a certain offence happens often to strengthen the consequences, then said that they investigate complaints, and finally that they promote good industrial relations and encourage employers to treat everyone equally. Don't trust me on this though.

Kinda touched on few of those it was most difficult question I thought

Kremin

The Adversary wrote: »

Thought it was a lovely paper. Bit of waffle in a couple of parts but apart from that really happy.

The ABQ was nice but I was informed that the lads name was Martin and not Michael and here I was calling him Michael the whole time :P I'd hardly lose marks for that would I??

The examiner would have to be seriously cruel to take marks away for using the wrong name... as long as the points make sense the name really shouldnt matter?

The Adversary

Kremin wrote: »

The examiner would have to be seriously cruel to take marks away for using the wrong name... as long as the points make sense the name really shouldnt matter?

My thoughts exactly. My only concern is that it might look like I wasn't reading it properly or paying attention to the article. The points are all spot on though so not too worried. That's what doing two weeks of LC papers does to you :cool:

Benm123

Did everyone find it very easy? I'm usually an A/B student in most subjects and I'm very good at business, but I've had a shocking teacher all year so it put me off doing that much work for it. I was prepared on a lot of topics but most of them didn't come up so I was kind of left just waffling in my best business spiel for a lot of questions just to scrape marks.

I guess what I'm asking is, did everyone else find it easy? Because if they did I could be looking at a D1 worst case scenario, or if people found it pretty meh then possibly a C1. I'm never sure how they mark business and if they're generous to give you marks or not?

Kremin

The Adversary wrote: »

My thoughts exactly. My only concern is that it might look like I wasn't reading it properly or paying attention to the article. The points are all spot on though so not too worried. That's what doing two weeks of LC papers does to you :cool:

I wrote something ridiculous for one of my points that when I read back over made absolutely no sense. Was just so tired after the 3 hours.. I wrote something like EU decisions are for regulation bodies or some crap as a statement on implementing eu law.

The Adversary

Kremin wrote: »

I wrote something ridiculous for one of my points that when I read back over made absolutely no sense. Was just so tired after the 3 hours.. I wrote something like EU decisions are for regulation bodies or some crap as a statement on implementing eu law.

Yeah, my writing was absolutely appalling by the end. I pity the poor examiner who won't be able to make heads nor tails of it. :pac:

Tables

Tray1234 wrote: »

I'm pretty sure the only question with evaluate on it was the C part of the ABQ

Discuss/Evaluate/Analyse all invite the candidate to evaluate. It said to discuss twice, as far as I can remember.

Kremin wrote: »

I think it was actually 6 for part c... 30 marks for 6x5 2 for statement, 2 for explanation and 1 for quote is pretty standard for the abq.. if you needed 5 and you only put 4 you lose 5 marks, they can't give you 6 instead of 5 for each point unfortunately

The C part of ABQs is almost always 3 points for 10 marks each, marked 4 for heading, 2 for first point, 1 for second point, 3 for evaluation (quote must be included).
Also never do they want more than 5 points, even if it is for 30 marks, it will be 5 points for 6 marks.
Also, just FYI there are only 4 headings for implenting change; Communication, Embody change, Employee Participation and Training.

Anonymagician

Talking to my teacher afterwards the (C) of the ABQ was just the strategies for managing change aka communication, consultation, negotiation and training.

Leitrim96

Would I get no marks for saying field research and desk research for ways of segmenting the market? Also where is the paper at in examinations.ie, should be up by now no?

Magnate

Leitrim96 wrote: »

Would I get no marks for saying field research and desk research for ways of segmenting the market? Also where is the paper at in examinations.ie, should be up by now no?

I wouldn't say so tbh, it's not really related at all, but it wasn't worth that many marks anyway, you'll be fine Paper should be up around 6

Tables

Anonymagician wrote: »

Talking to my teacher afterwards the (C) of the ABQ was just the strategies for managing change aka communication, consultation, negotiation and training.

Don't seem like the best headings, doesn't have Embody/reflect change. And consultation and negotiation are all the same thing, no?
My teacher writes the book and goes with Embody change, Employee participation, Training and Communication.

Anonymagician

Tables wrote: »

Don't seem like the best headings, doesn't have Embody/reflect change. And consultation and negotiation are all the same thing, no?
My teacher writes the book and goes with Embody change, Employee participation, Training and Communication.

They're the ones I always use for the strategies and I get A1s. Communication is telling them why change is necessary, how it will happen and what will happen if it doesn't. The piece talked about this and a meeting.

Consultation is hearing their suggestions and listening to them and there was a good link for this (employee participation).

Negotiation is 'give and take' like when he offered fair redundancies.

Training is the upskilling.