David
This is not meant to be picky: do you also get them to discuss why a payback
of less than the target can be a BAD thing, too?
Duncan
----- Original Message -----
From: "David Lewis" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Friday, November 09, 2001 2:00 AM
Subject: Re: AQA a2 business 13.7 understanding criterion levels
> ----- 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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