Section I - Multiple Choice (1 Viewer)

Spoken12

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1D
2C
3A
4B
5C
6D - ???
7A
8C - ???
9B
10C
11B - wrong answer
12B
13D
14A - wrong answer
15D
16A
17A
18D
19B - wrong, correct answer D
20B

17/20, I think?
 

littleremedy

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hey. I put C for number 1 as well, by accident. =( and i i think its definately wrong
 

Keelan134

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Id be satisfied with 17, looking at 18 though by the sounds of it
 

jswant

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Here are the answers:
1. D
2. C
3. A
4. B
5. C
6. Awaiting confirmation
7. A
8. A
9. B
10. C
11. C
12. B
13. D
14. C
15. D
16. A
17. A
18. D
19. D
20. B

I got 18 or 19 depending on whether marketing approach is right.
 

Demise

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Fixed costs can be lowered... What we get in legal studies a lot is answers involving the verb. Use Cost centres means employ cost centres but now you know where costs are attributed to, but what are you gunna do about that? Reduce fixed costs such as by seeking a different insurance policy, lowering salaries, negotiating lease, actually reduces costs. But yeah i am torn, and they will probably go with cost centres. Only one mark lads, head up!
It's fixed costs, expenses is MAINLY for NP.
 

jswant

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Fixed costs can be lowered... What we get in legal studies a lot is answers involving the verb. Use Cost centres means employ cost centres but now you know where costs are attributed to, but what are you gunna do about that? Reduce fixed costs such as by seeking a different insurance policy, lowering salaries, negotiating lease, actually reduces costs. But yeah i am torn, and they will probably go with cost centres. Only one mark lads, head up!
That's still net profitability not cost of goods sold.
 

jswant

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Minimise expenses and reduced fixed costs are to reduce net profitability, not gross profitability. Gross profitability is Sales - COGS
 

Demise

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I got 18/20, if it's the marketing approach I'll have 19/20.
 

carpe_diem

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It's the marketing approach - selling is only advertising whereas marketing is satisfies the NEW needs.
Exactly, because it said that it was resistant to stains and crinkle-free, or whatever, its the marketing approach as they have taken into account the needs of consumers.
 

Stephen Jones

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for 19 (C) can't be right because if the total car market and their market share didn't change then sales would have stayed the same. The answer is D (Country C) because they only lost 2 million in sales but lost 4% of the market share meaning that obviously their market share decreased but because the sales didn't decrease as much as it shoul have it's assumed that the total market increased.

And I through question 4 was B but that was a pretty vague question =s
 

iamorbid

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1 D
2 C
3 A
4 B
5 C
6 D
7 A
8 GUESSES IT LAST SECOND, CHOSE C, I THINK
9 B
10 C
11 C
12 B
13 D
14 C
15 D
16 A
17 A
18 D here I did some bullshit ratios, didnt even know the fuck i was doing
19 D
20 B

how i go?
 

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