Business Studies Exam Thoughts (3 Viewers)

[lilboat]

how many influences did everyone talk about?

 

[Wintz]

nah its sociocultural because economic influences is: effects of the wider economic climate. And it only specifies what demographic (low income earner) he is in, doesn't reference the state of the economic climate. For all we know in this situation the world could be in the biggest booms, however this guy still has a low income and hence buys his clothes from a discount store

jus my two cents (for question 7)

 

[Esse]

nah its sociocultural because economic influences is: effects of the wider economic climate. And it only specifies what demographic (low income earner) he is in, doesn't reference the state of the economic climate. For all we know in this situation the world could be in the biggest booms, however this guy still has a low income and hence buys his clothes from a discount store

jus my two cents (for question 7)

Half textbooks say one way, half say the other, I wouldn't be surprised if they accepted both answers.

 

[Wintz]

Half textbooks say one way, half say the other, I wouldn't be surprised if they accepted both answers.

But you get my reasoning yeah?

 

[Esse]

But you get my reasoning yeah?

Yeah but I was taught to believe it was economic so

 

[sourmilk]

Easiest Paper Ever. Confident I got atleast a Band 5 or 6.

I was surprised there was limitations in there so luckily I crammed the finance right before the exam. I was hoping for a marketing question for report

However I reckon I stuffed up the final 6 marker though. A lot of people said they discussed about cost-quality interactions, while I talked about cost-based competition. All in all, good exam.

 

[WrittenLoveLetters]

Easiest Paper Ever. Confident I got atleast a Band 5 or 6.

I was surprised there was limitations in there so luckily I crammed the finance right before the exam. I was hoping for a marketing question for report

However I reckon I stuffed up the final 6 marker though. A lot of people said they discussed about cost-quality interactions, while I talked about cost-based competition. All in all, good exam.

WOOO nice work

 

[chiefpasco]

Half textbooks say one way, half say the other, I wouldn't be surprised if they accepted both answers.

it can happen

 

[Zoinked]

it can happen

Definitely sociocultural... literally the textbook includes someone's income as part of their social cultural environment. As someone being poor isnt really because of a change in monetary or fiscal policy or recession etc, its not economic.

 

[Esse]

Definitely sociocultural... literally the textbook includes someone's income as part of their social cultural environment. As someone being poor isnt really because of a change in monetary or fiscal policy or recession etc, its not economic.

Yeh but the cambridge textbook says socioeconomic status and income levels is under economic, you could argue either way.

 

[Zoinked]

Yeh but the cambridge textbook says socioeconomic status and income levels is under economic, you could argue either way.

Interesting, I have Business Studies in Action

 

[Zoinked]

I can understand where you are coming from, but I think sociocultural is more right, which is I suppose what hard multiple choice questions are about

 

[Esse]

Yeah haha i have both textbooks, when I went home i literally slammed my head against the wall cause both textbooks were contradictory XD

 

[Zoinked]

Only questions I got wrong in MC were the two legislation questions ergggh. So sad cause I do legal and I'm quite good at it.

 

[chiefpasco]

I stopped using the Business Studies in Action textbook half way through the year because it wasn't as in-depth, or consistent as the Cambridge one. But having done loads of past papers, including trials, they have accepted two right answers before. I still think it's economic, teacher agrees, state ranker agrees - but we will wait and see ay.

 

[chiefpasco]

Same issue arises when they asked how long "strategic" plans are. Some are 5 years, others will say 10 years.

 

[paul_w40]

Unit trust isn't in Business Studies in Action :>

It's in the influences section under financial institutions.

Page 271 5th Edition