P3 Business Analysis
Students said: Time management seemed a huge problem for many sitters. ‘The reading and planning just takes so much time,” explained one candidate. Many sitters admitted they spent too long on Q1. That really can cause trouble down the line. An interesting debate on the Open Tuition site was all about just how long and boring the exam is. The examiner was blamed for ruining what has the potential to be an interesting paper. All said and done this was deemed a fair, and dare we say it (well several of you did) ‘easy’ paper.
The examiner said: Students need to understand that there isn’t a theoretical model for every occasion; business analysis, by its nature, will sometimes require an ad-hoc approach. As with previous exams there was some evidence that a number of candidates are reliant on knowledge of key topics and theoretical models, rather than the ability to apply that knowledge in the context of the scenarios presented. Q1 required candidates to apply the PESTEL in part (a) and Porter’s 5 Forces in part (b). Q2 was a popular option as it covered project management.
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