Categories: All - evaluation - application - concepts - arguments

by mark jenkins 17 years ago

356

Exam technique for a level business

When preparing for exams, it's crucial to focus on understanding and analyzing the key concepts rather than spending excessive time on definitions. Apply the relevant theory to real-world examples, considering the objectives, constraints, and resources of the business in question.

Exam technique for a level business

Exam technique

Analysis

use theory
business language
Focus on question
it depends on...
however.............
because
therefore........
because....
Point.....
show cause and effect

Application

hang your analysis on application
Think about objectives constraints, resources and markets and make sure your answer is relevant
Focus on how firm in case is likely to react

Content

ensure you understand key concepts
Don't spend too much time on definitions - develop arguments

Evaluation

Perhaps the most difficult skill and also the one which offers most of the marks!

it depends on
extent/expected duration of change/problem
flexibility and efficiency of the operations process
short versus the long run
objectives of business

and culture of organisation

financial and other resources
ability of management
market

conditions

level of competition

nature of product

Vital concluding paragraph
Supported judgement
Assess quality of information

validity

Say which factor is most essential and why

in this situation x is the most important factor becuse of y

Weigh up both sides
Draw arguments together