IGCSE/GCSE/O & A Level/IB/University Student Forum

Qualification => IGCSE/ GCSE => Queries => Topic started by: ismailb_1993 on May 16, 2010, 07:57:48 pm

Title: Business Paper Format
Post by: ismailb_1993 on May 16, 2010, 07:57:48 pm: As most of you have already noticed, the format in 2009 M/J , O/N is regular. Each question is worth 20 marks, and there are 2 2 mark questions, 1 4 mark question, and then 2 6 mark questions. Does anyone know if this is the case in tomorrow's papers?
Title: Re: Business Paper Format
Post by: diva_sparkles on May 16, 2010, 08:20:33 pm: Quote from: ismailb_1993 on May 16, 2010, 07:57:48 pm
As most of you have already noticed, the format in 2009 M/J , O/N is regular. Each question is worth 20 marks, and there are 2 2 mark questions, 1 4 mark question, and then 2 6 mark questions. Does anyone know if this is the case in tomorrow's papers?

i think so
Title: Re: Business Paper Format
Post by: wstrawberries on May 16, 2010, 08:25:50 pm: I think so too..I dont like the new format, there are too many Identify something... questions.
By the way what is the difference between profit and profit margins?
Title: Re: Business Paper Format
Post by: diva_sparkles on May 16, 2010, 08:27:28 pm: Quote from: wstrawberries on May 16, 2010, 08:25:50 pm
I think so too..I dont like the new format, there are too many Identify something... questions.
By the way what is the difference between profit and profit margins?
profit margin is on unit costs while profit is the sales-total costs
Title: Re: Business Paper Format
Post by: wstrawberries on May 16, 2010, 08:29:14 pm: Quote from: diva_sparkles on May 16, 2010, 08:27:28 pm
profit margin is on unit costs while profit is the sales-total costs
on unit costs? can you explain further?
Title: Re: Business Paper Format
Post by: haris94 on May 16, 2010, 08:54:33 pm: Quote from: wstrawberries on May 16, 2010, 08:29:14 pm
on unit costs? can you explain further?

umm prolly cost of one unit ::)

@diva_sparkles : Thanks.....i never knew that :o
Title: Re: Business Paper Format
Post by: diva_sparkles on May 16, 2010, 08:59:06 pm: Quote from: wstrawberries on May 16, 2010, 08:29:14 pm
on unit costs? can you explain further?

ya exctly 4 cost of 1 unit SUPPLIED
like tht can be
Title: Re: Business Paper Format
Post by: diva_sparkles on May 16, 2010, 08:59:49 pm: Quote from: wstrawberries on May 16, 2010, 08:29:14 pm
on unit costs? can you explain further?

RAW MATERIALS
Title: Re: Business Paper Format
Post by: diva_sparkles on May 16, 2010, 09:01:08 pm: Quote from: haris94 on May 16, 2010, 08:54:33 pm
umm prolly cost of one unit ::)

@diva_sparkles : Thanks.....i never knew that :o

ANYTIME :)
Title: Re: Business Paper Format
Post by: diva_sparkles on May 16, 2010, 09:18:45 pm: 1 MORE THING
if 2 ppl hv same costs but 1 is sellin 8 higher costs thn other thn tht person will hv a higher profit margin
cos he has better control ovr costs but might hv lower profits as lower prices=higher profits. :)
Title: Re: Business Paper Format
Post by: dsiddiqi11 on May 16, 2010, 10:52:49 pm: Quote from: diva_sparkles on May 16, 2010, 09:18:45 pm
1 MORE THING
if 2 ppl hv same costs but 1 is sellin 8 higher costs thn other thn tht person will hv a higher profit margin
cos he has better control ovr costs but might hv lower profits as lower prices=higher profits. :)

he will have a higher profit margin, but the overall profits depend on price elasticity of demand. so the guys profit will increase per item sold cuz his selling price is higher
Title: Re: Business Paper Format
Post by: diva_sparkles on May 17, 2010, 03:56:53 pm: hey how wz business?