!! Business HL 2016 - Predictions, discussion, aftermath

swagmire

Guys can someone do me a massive favour. I've lost my exam papers s can someone send me a pic of the topics that came up each year. There's a chart at the start of the exam papers. I do hl. send a pic on This ir can give you my email

cheeto

PM sent

daveytheravey

I have a good feeling about Ratios and a report this year

summer98

Anyone else leaving out HRM?

legocrazy505

summer98 wrote: »

Anyone else leaving out HRM?

Honestly I wouldn't do that. It's in the ABQ units so you never know.

Boaty

I have a feeling a business plan or report could come up, it hasn't been up in years

JesseBrosnan

swagmire wrote: »

Guys can someone do me a massive favour. I've lost my exam papers s can someone send me a pic of the topics that came up each year. There's a chart at the start of the exam papers. I do hl. send a pic on This ir can give you my email

Could someone send them to me too?

Soolander

****ting bricks haha

Alan106

can i pull off unit 4-7 in less than 12 hours? anyone have faith in me </3

Soolander

Alan106 wrote: »

can i pull off unit 4-7 in less than 12 hours? anyone have faith in me </3

Yup you probably could. However as the ABQ is 3-5, and long questions can be done with 1-5 it may be a good idea to know these really well instead. Only a suggestion though best of luck with whatever you choose lad.

Soolander

That was probably the easiest exam ive ever sat

stead

Was decent. A lot of people didn't seem too happy about it and ran out of time. Found the short questions harder than previous years. Abq was easy enough but I'm worried I didn't write enough. Felt like a lot of waffle, especially answering q2&3. That break even analysis was beautiful though.

Brian_R

Probably one of the easiest tests I've ever sat.

legocrazy505

Q10 in the short question seemed wrong to me but I just attempted it anyway. Overall a very lovely paper with little surprises for me. Most of the stuff can be found already in previous years. Ran out of time in the mocks but I finished 30 minutes early this time.

Bazinga_N

Loved that paper! Question 3 was an absolute gift! Breakdown Analysis in Question 6 was lovely as well, as were Questions 4 & 7. Was very happy overall! I ran out of time a little bit at the end so my last question of the ABQ is a little rushed but I managed to finish it. Really hoping for the A1 now after that.

hurler97

What did people get for debt equity ratio and was it high or low geared?

Plankton55

hurler97 wrote: »

What did people get for debt equity ratio and was it high or low geared?

2:1
High geared

randomlad727

What was question 5? I did it but I cant remember what it was!

Boaty

40 mark breakeven, that was fantastic, I'd say a good few people mixed up management skills with activities.

Gahv

was hoping for management activities in the ABQ but skills was so nice especially with the context

cheeto

I found the SAQs tough but the ABQ was great

TheBiz

I had time to do an extra long question.. What..

daveytheravey

thought it was fair its such a tight exam for time! Did ye quote for all parts of the ABQ or only the first question? it kinda got repetitive imo

TheBiz

daveytheravey wrote: »

thought it was fair its such a tight exam for time! Did ye quote for all parts of the ABQ or only the first question? it kinda got repetitive imo

I quoted for all parts I could, they part about discussing short and medium term sources of finance didn't really tie in with much (considering it said about finance for a premise) I wrote about 2 1/2 to 2 pages. Hows that for lenght?

daveytheravey

Im surprised you had time to do an extra question. i was stuck enough for the time sher its over now

TheBiz

daveytheravey wrote: »

Im surprised you had time to do an extra question. i was stuck enough for the time sher its over now

I had 3 pages left in the entire booklet, 3 pages for the ABQ and a hole in my hand. I really don't know, but only one exam left!

daveytheravey

TheBiz wrote: »

I had 3 pages left in the entire booklet, 3 pages for the ABQ and a hole in my hand. I really don't know, but only one exam left!

Sounds like a great chunk! Wishing you the best I'm so jealous

Tomk_1111

daveytheravey wrote: »

Did ye quote for all parts of the ABQ or only the first question? it kinda got repetitive imo

answers that arent linked/quoted are marked 0.

legocrazy505

Tomk_1111 wrote: »

answers that arent linked/quoted are marked 0.

Pretty sure that's not true. If you can show relevant theory without quotes you get a portion of the marks. In some of the questions links are only 2 marks a point.

daveytheravey

Tomk_1111 wrote: »

answers that arent linked/quoted are marked 0.

I basically used my quotes in my answer. Said exactly what they wanted and was directly from the text, but didnt put quotation marks around them. I highly doubt its zero! It was a weird structure of an ABQ

Tomk_1111

Oh, we were always marked 0 when we didn't link. We had to give the point and then the quote after.

stead

TheBiz wrote: »

I quoted for all parts I could, they part about discussing short and medium term sources of finance didn't really tie in with much (considering it said about finance for a premise) I wrote about 2 1/2 to 2 pages. Hows that for lenght?

I managed to get 3 links for the sources of finance. Can't remember what the short term was but hire purchase has the quote "the office needed new equipment and furniture" and I done accrued expenses saying "he didn't want to go in to big debt".

Tomk_1111

How many sources of finance did you have to give. I gave 3.

stead

Tomk_1111 wrote: »

How many sources of finance did you have to give. I gave 3.

It said to mention short, medium and long term so it'd probably be 3. It'd be hard to find links for more than 3.

Tomk_1111

stead wrote: »

It said to mention short, medium and long term so it'd probably be 3. It'd be hard to find links for more than 3.

There were definitely 4. Reserves, grant, leasing, hire purchase

daveytheravey

Tomk_1111 wrote: »

Oh, we were always marked 0 when we didn't link. We had to give the point and then the quote after.

A link is only 2 marks in a 10 point question! it was just for parts B and C i struggled to link. Be grand! hopefully

Soolander

What did everyoone say for a different method of expansion for the ABQ? I put down franchising but looking back its not really applicable to a tech company. Do you think I might lose marks for not being applicable or is any method grand?

Tomk_1111

I used strategic alliance, seems like the best fit.

Alan106

I said organic growth, talked about profits

cuprugby333

Tomk_1111 wrote: »

There were definitely 4. Reserves, grant, leasing, hire purchase

None of them are short term though..?

Tomk_1111

What short term did you use? IIRC it just asked for the sources of finance and said to mention if they were short, medium or long term.

cuprugby333

Tomk_1111 wrote: »

What short term did you use? IIRC it just asked for the sources of finance and said to mention if they were short, medium or long term.

It said to refer to short medium and long term not if so I presume all of them.
I said bank overdraft

Soolander

Can anyone confirm that for the second part of the breakeven chart you constructed BEP2 on the original chart? I didnt have enough time in the exam to draw a new one.

Boaty

Yes you drew it on the same chart, the be2 was 20000 units

TheOwl12

Everything went well but I completely ****ed up my Break even. Hope I can get some marks out of it, I panicked and got the thing arse backwards somehow. I'll probably end up with the same as my pre's 65

bobbyb

I only realised now that for the ABQ it said finance for the relocation, I assumed it was for the expansion in general. Knew timing is tight so read it too fast. Does that mean trade credit, leasing for the equipment and a debenture were the wrong ones to pick?
For merger I said benefit was the sharing of resources and that the threat was future conflict and clashes between management. Also picked franchise for the other method of growth? Do you think that that's wrong?

legocrazy505

bobbyb wrote: »

I only realised now that for the ABQ it said finance for the relocation, I assumed it was for the expansion in general. Knew timing is tight so read it too fast. Does that mean trade credit, leasing for the equipment and a debenture were the wrong ones to pick?
For merger I said benefit was the sharing of resources and that the threat was future conflict and clashes between management. Also picked franchise for the other method of growth? Do you think that that's wrong?

Trade credit does't really strike me as overly relevant but leasing for the equipment that was required in the relocation and a debenture are probably fine. I said factoring, bank overdraft (for increased rent), hire purchase (equipment and furniture) and then venture capital for long term.

Tomk_1111

Debenture would be risky because he said he wanted to avoid debt capital.

Yoyoyoma37

Was it okay to say bank overdraft for the short term, leasing for the medium term and retained earnings for the long term for the ABQ?!?

legocrazy505

Tomk_1111 wrote: »

Debenture would be risky because he said he wanted to avoid debt capital.

Well he said "huge" debt so that will hopefully be a matter of interpretation. If he wanted to avoid debt capital entirely there are very few sources of finance to pick from. Obviously there are some but it does limit it.