Prep for IA1

Draw a visual representation of how you are feeling about the exam

Which cognition has 2 questions in the exam?

• Explain

• Describe

• Evaluate

• Analyse

To get top marks in analysis you need to include (a)   and information

What information is needed in each dot point of your SWOT

• Point

• Reference

• Impact

• Conclusion

• Future impact

In describe what must you focus on?

• Business environment

• Expansion strategies

• Future impact

• ONLY MACRO FACTORS!

Which criteria is used when answering this question:

to what degree has the business offered products or services that meet or exceed market standards in relation to other businesses?

• Competitiveness

• Effiectiveness

• Efficiency

• Stakeholder Satisfaction

Which criteria is used when answering this question:

to what degree has the business achieved goals and/or objectives and to what extent has the business solved targeted problems?

• Competitiveness

• Effiectiveness

• Efficiency

• Stakeholder Satisfaction

Which criteria is used when answering this question:

to what degree has the business optimised its use of resources and application of processes in achieving goals and/or objectives?

• Competitiveness

• Effiectiveness

• Efficiency

• Stakeholder Satisfaction

Which criteria is used when answering this question:

to what degree has the business considered and managed stakeholder expectations in achieving goals and/or objectives?

• Competitiveness

• Effiectiveness

• Efficiency

• Stakeholder Satisfaction

The question asks you to describe the macro environmental factors that lead to change. What could you focus on in your paragraph?

• Customers

• Suppliers

• Employees

• Socio-cultural trends

• Political changes