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Assessing a change in scale exam tips
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Assessing a change in scale
Exam tips
Growth and retrenchment exam tip 1
Write the method before the answer so the examiner can follow each step. Apply this to explain reasons why businesses grow or retrench and distinguish organic from external growth..
This keeps the answer actionable and aligned to Growth and retrenchment, rather than giving generic revision advice.
Growth and retrenchment exam tip 2
State the exact concept or formula you are using before substituting values. Apply this to explain reasons why businesses grow or retrench and distinguish organic from external growth..
This keeps the answer actionable and aligned to Growth and retrenchment, rather than giving generic revision advice.
Growth and retrenchment exam tip 1
Write the method before the answer so the examiner can follow each step. Apply this to analyse economies of scale, economies of scope, diseconomies of scale, synergy and overtrading..
This keeps the answer actionable and aligned to Growth and retrenchment, rather than giving generic revision advice.
Growth and retrenchment exam tip 2
State the exact concept or formula you are using before substituting values. Apply this to analyse economies of scale, economies of scope, diseconomies of scale, synergy and overtrading..
This keeps the answer actionable and aligned to Growth and retrenchment, rather than giving generic revision advice.
Growth methods and types exam tip 1
Write the method before the answer so the examiner can follow each step. Apply this to assess mergers, takeovers, ventures and franchising as methods of growth..
This keeps the answer actionable and aligned to Growth methods and types, rather than giving generic revision advice.
Growth methods and types exam tip 2
State the exact concept or formula you are using before substituting values. Apply this to assess mergers, takeovers, ventures and franchising as methods of growth..
This keeps the answer actionable and aligned to Growth methods and types, rather than giving generic revision advice.
Growth methods and types exam tip 1
Write the method before the answer so the examiner can follow each step. Apply this to compare vertical, horizontal and conglomerate integration as types of external growth..
This keeps the answer actionable and aligned to Growth methods and types, rather than giving generic revision advice.
Growth methods and types exam tip 2
State the exact concept or formula you are using before substituting values. Apply this to compare vertical, horizontal and conglomerate integration as types of external growth..
This keeps the answer actionable and aligned to Growth methods and types, rather than giving generic revision advice.
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