Section II - Short Answer (1 Viewer)

Rafy

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What did you think of this section?
 

booshbanditxx

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yeah, they asked for gross!

gross profit/sales revenue x 100
 

Skriker

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What did you guys write for the question on one cost control and revenue control??
 

XRJ

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What did you guys write for the question on one cost control and revenue control??
Cost control: Expense minimisation (analyse all expenses, search for costs to cut, that sorta thing)
Revenue control: Sales Mix (find products not selling well and get rid of them, find successful products and push them in marketing)
 

Skriker

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Cost control: Expense minimisation (analyse all expenses, search for costs to cut, that sorta thing)
Revenue control: Sales Mix (find products not selling well and get rid of them, find successful products and push them in marketing)
Ohh right, I just said by using a budget as a cost control and using pricing prolicies (eg short term pricing strategies and long term pricing strategies
as a revenue control I used using budgets too ensure that the business does not go over their expenditures etc :)

hoping im right! :)
 

michaeljennings

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Ohh right, I just said by using a budget as a cost control and using pricing prolicies (eg short term pricing strategies and long term pricing strategies
as a revenue control I used using budgets too ensure that the business does not go over their expenditures etc :)

hoping im right! :)
They syllabus dotpoints are:
Cost control: Expense minimisation, Cost centres, Fixed and variable costs
Revenue control: Pricing policy, sales mix and sales objectives.
I think you have to use those exact terms
 

Skriker

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They syllabus dotpoints are:
Cost control: Expense minimisation, Cost centres, Fixed and variable costs
Revenue control: Pricing policy, sales mix and sales objectives.
I think you have to use those exact terms
omg yay! <3
 

Skriker

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Hey just wondering, I put down discrimination as a cause for industrial conflict?? could this be correct?? or would it still be under ethical issues? and would i get it wrong? :O
 

isenseven

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What did you guys do for the second question that went along the lines of "Using an example, explain how a manager could handle industrial conflict" 4 Marks
If i decribed the decisional role and then gave examples how this would reduce industrial conflict would this be ok?
 

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