----- Original Message -----
From: Adam Jacob <[log in to unmask]>
To: <[log in to unmask]>
Sent: Wednesday, November 07, 2001 10:39 PM
Subject: Re: AQA a2 business 13.7 understanding criterion levels
> I hadn't noticed this yet. My initial reaction is not to worry too much
> about it as I understand that the questions are likely to be of a more
> wide-ranging nature. My best guess is that it is about understanding
> whether the business should accept the project on the basis of the Inv.
App.
> technique.
>
Ditto - certainly having looked at some old papers.
FWIW, my interpretation of the phrase is that it refers to situations where
criteria have been set such as "payback within 30 months", or "ARR 10%".
For example, students need to be able to recognise that a payback period of
less than the criteria set is a good thing. It's pretty basic, but I think
that's what it means.
Cheers
David
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