good video, and good luck tomorrow fellow business people

@klarysazimnoch4255

2 ай бұрын

goodluck

this was really hopeful, I have paper 1 and 3 tommrow, and paper 2 on wnesday so this is rlly good timing, please do a breakdown for paper 2 aswell! thank u so much

Been waiting for this!

this was incredibly helpful, thank you

God bless all of you !! I pray that we’re all able to do well

bro thank you

Hello Sir, thank you so much for this video, I really appreciate it! I heard that it is best to look at it from all four of business functions is this true? If yes, and if we are given two strategies from the case study (like with the case of SML), would it be alright to talk about one strategies in terms of 2 functions and another one for the other 2 functions? Or how would you recommend approaching the question if we are already given two strategies? Lastly, trade offs are basically a disadvantage of the strategy right?

@ALL_IN_BEN

2 ай бұрын

Yes, if you can argue for it. However, it is easier to choose one strategy

I have a question about the paper 3 we sat. If the business provides affordable, sustainable housing to families, is it addressing physiological needs from Maslow (since it's providing shelter) or is it addressing safety needs from Maslow (since it's making people feel more financially secure)?. Also, if the wording of the question was 'with reference to business management motivation theory, explain human need', does that mean we couldn't use maslow and had to use other 2.4 motivation theories like Hezerberg?

Thank u

🐐🐐🐐🐐🙏🏻🙏🏻

Hello sir, I really appreciate the video and it is a life saver. Is it possible to construct the 17 marker by a short intro of the business than a paragraph for mission/ vision statements (if given) than the body paragraphs as short-medium-long term effects of the strategy?

@cornishdruidstutorsupport3725

2 ай бұрын

Move straight into the answer. State the strategy to ensure sustainability; explain how the strategy works using evidence from the case to achieve sustainability. Balance your argument by looking at the limitations of the strategy, or the trade offs required to achieve the strategy (e.g. differentiation strategy by product development, may require additional borrowing, causing additional interest payments affecting cash flow and potential liquidity of the business. Repeat the process. Conclusion; state your strategy would work to achieve sustainability because, but the information in the case study is limited so the business needs to …. Before it can say if the strategy will actually work to……

What happens if you dont include business tools, only theories?

does a plan of action include multiple strategies or just one that we explain well?

@cornishdruidstutorsupport3725

2 ай бұрын

Hi one strategy is possible but you would need the ability to develop it in a lot of detail, justifying either evidence from the case why the strategy works, but then looking at the trade offs if the strategy. If you are confident in one strategy, considering the time you have available to answer the question then yes. If you are not confident then look at two strategies, which could be linked (e.g. differentiation by creating a USP for PED inelastic pricing strategy, which could be achieved by Andoff’s product development strategy).

Did Paper 1 and Paper 3 today!

@epictutorials8315

2 ай бұрын

paper 3 was pretty rough

@deltanik28

2 ай бұрын

@@epictutorials8315 yeah fr i spent so much time trying to find out what tools/theories to apply

@hibahrashid1154

Ай бұрын

@@mariama9890 what tools/theories did you use

in the video you have mentioned only one challenge, i am aiming for a 5-6 in question 2 please provide us with the second challenge too

@cornishdruidstutorsupport3725

2 ай бұрын

Why? You will not maximize your marks; take one challenge per paragraph (two paragraph answer in total) and analyse and apply it to the case to demonstrate the skills the examiner is looking to test (AO1/AO2). Writing a list of challenges is only knowledge, and does not demonstrate application and analysis.(AO2)