How did you guys find it?Easy or hard?We can't dicuss about the questions yet since 24 hours haven't passed.I think the questions were quite different from the previous one...Luckily I managed to finish on time but I didn't have time to revise since I finished writing the last word exactly when the time ended.
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Business Studies PAPER 21
- Thread starter Fatima18
- Start date
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Paper was easy but i had the same problem....it was soooo long and i finishd just in time!
But, did you guys make use of appendix 3..if so, please inbox me how you guys used it.Exam was too easy!
I had the same problem though, without a doubt, I finished the paper at exactly 1 hour and 43 minutes. Nevertheless, my answers were clear alhamdulilah
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ya a full 12 mark Q??!!!!!!!!!!!!
lol yea, there were many uses. One of them was about the pricing strategies.
According to the details given in appendix 3, the price of KSS products was $30 a pair (since $15 a boot). Judging by that, it was fairly lower than the competitor's price which was $40-$50.
I didn't use appendix 3!Tsl..But did they ask any 12 points questions that referred totally to this appendix????
Don't be tensed Fatima, appendix 3 wasn't really that useful to be honest.
The main statement about Appendix 3 was that it showed "Competitive Pricing" strategy was completely useless in the 12 mark question about choosing a suitable pricing strategy.
Relax, it's not even gonna count any 4 marks of deductions. ^^
Inbox
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yah i completely missed out the sentence appendix 3 :s
They said that the selling cost per boot = $15
So 1 boot = $15
2 boots = 1 pair
1 pair = $30
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how many marks will be deducted if we dont do the calculations ??
As long as you justified your answer, calculations won't matter much. About 2 marks only.
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ahaan k thnx
it was not the price...it was the cost
I don't think so. As far as I remember with the discussions of my other friends, I'm sure it was selling price.
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I din't do it even !
Its OK ! What did you people select, option 1 or Option 2 ?!
Its OK !
What did you people select, option 1 or Option 2 ?!- Messages
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really easy
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I wrote that option 1 was the right choice because KSS would keep all the sales revenue gained for itself without sharing it with any multinationals!
And about the pricing strategy question I chose price skimming because in paragraph 3 they mentioned that the football boot had new features that were not present in any of the competitors' products. Unfortunately, I could not refer to appendix 3, it was really hard for me to calculate whatever was needed so I just chose to make it fast because I literally had 15 minutes to write and think about the last question.
Anyhow. Which pricing strategy did you guys choose?
And about the pricing strategy question I chose price skimming because in paragraph 3 they mentioned that the football boot had new features that were not present in any of the competitors' products. Unfortunately, I could not refer to appendix 3, it was really hard for me to calculate whatever was needed so I just chose to make it fast because I literally had 15 minutes to write and think about the last question.
Anyhow. Which pricing strategy did you guys choose?
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Oh and which option did you guys choose and why?