For f297 the questions are usually one each from:-
A calculation – CPA / profits ?
Come up with a plan for something
Make a decision about something
- there are several possibilities for each clearly flagged in case. Could include something internal like new bonus scheme as well as new branch etc
Assess the impact of an external change – less clear what this be
Discuss the influence or attitude of stakeholders
Questions
F297 Research
Below are some useful links for researching into F297 June 2012 – SLSL
http://www.suttonkersh.co.uk/press-room/rise-in-the-number-of-letting-agents-prosecuted-for-misappropriation/
http://www.suttonkersh.co.uk/lettings-and-management/landlords/full-management-service/
http://www.suttonkersh.co.uk/about-us/
http://www.mortgagestrategy.co.uk/features/action-group-needed-to-deal-with-agents-unethical-behaviour/1018323.article
http://www.mortgagestrategy.co.uk/cheaper-to-rent-than-buy-prime-property/1051050.article
http://www.mortgagestrategy.co.uk/new-bridging-and-secured-loans/dragonfly-sees-20-spike-in-bridging-applications-in-first-four-months-of-the-year/1051223.article
http://www.guardian.co.uk/money/cartoon/2011/dec/16/estate-agent-trust?INTCMP=SRCH
http://www.guardian.co.uk/money/appsblog/2012/may/08/halifax-home-finder-app-of-week
http://www.guardian.co.uk/money/interactive/2008/apr/15/houseprices
http://www.guardian.co.uk/money/blog/2012/feb/23/house-prices-bubble-swells-london
http://www.guardian.co.uk/money/blog/2011/dec/19/fsa-mortgage-proposals-good-first-time-buyers
http://www.guardian.co.uk/money/2012/jan/30/house-prices-north-east?INTCMP=SRCH
http://news.bbc.co.uk/1/shared/spl/hi/in_depth/uk_house_prices/html/houses.stm
http://news.bbc.co.uk/1/hi/business/8629106.stm
http://www.housepricecrash.co.uk/graphs-mortgage-approvals.php
http://www.telegraph.co.uk/finance/economics/9240582/Surprise-rise-in-mortgage-approvals.html
http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/9242671/House-prices-fall-for-third-consecutive-month.html
http://www.hintsandthings.co.uk/library/sellingmistake9.htm
http://www.hintsandthings.co.uk/library/sellingmistake8.htm
Filed under a2bus
Induction Topics additional resources
Added Value
Here is a great Explanation from tutor2u
The ultimate no frills hotel - not much added value here. [This link was on tutor2u but that one not longer works]
If you look at the video of the hotel you can clearly see all the things that other hotels do in order to add value. I think this hotel has a no start rating.
Below is the tutor2u slideshow on added value.
Filed under asbus
Belvoir Park Decision Tree homework question
Photo credit: taliesin from morguefile.com
Homework question for this week (D BLOCK):-
Discuss the usefulness of decision tree analysis to Belvoir Park in making their strategic choice (18)
This is a useful/useless type question. This means looking at the benefits and limitations of using decision trees to make this decision. However, for a2 it is better to go for big issues that allow you to write in-depth paragraphs. For decision trees I use the following mnemonic:
QVC REx
Quantitative vs qualitative: discuss the benefits of having quantitative information versus the importance of having qualitative
Validity: the source and reliability of the probabilities and predicted outcomes
Choices/alternatives: Decision trees make you think about the alternatives and choices in an analytical way.
Risk: They include risk in the decision-making progress
Expected values: The expected values (weighted to include the probabilities) are different to the actual values that will occur in each instance.
For evaluation on this type of question you can consider the main benefit of decision trees to Belvoir Park and what its usefulness will depend on.
Filed under a2bus
The Belvoir park decision tree
Concerns so far:
The use of emv although it has not bee calculated
£200 000 as a very successful outcome for shares costing £300 000. The either represents a £100 000 loss or a unbelievably high return.
Purchase land but no planning permission = £75 000 : is this a £225 000 loss or a one year return for agricultural use? Does much farm lad generate a 25% return on capital emp?
Filed under a2bus
