You are on page 1of 21

How to answer

exam questions?
By,
Mr. Ravi Nagarathanam
Lecturer

Colors
• Use blue or black ink.
• Do not use pink, red, green,
phosphorus green,
phosphorus blue, etc.
• Never use a PENCIL to write
answers in an exam

How to answer? • Read questions very carefully. • Review the outline quickly and eliminate the . • Make an outline of the points which should be included in the answer.

Problems • Many students are not able to tune their answers to the questions asked: 1. They provide extra information (not asked about) .

but they do something else: For instance. • They get a low mark so they get frustrated and discouraged.2. instead they provide a definition of (a) and (b). Or they are asked to do something in the question. the question says explain how is (a) related to (b). .

Maximizing your marks • Think about what the question is actually asking. . • What are you expected to include in your answer? • What material will be relevant? • The most common complaint from markers is that the student didn't answer the question.

• Make one point or argument per paragraph and summaries to show how it answers the question.• Demonstrate that you are answering the question In your introduction show how you understand the question and outline how you will answer it. . • Shortlist paragraphs with one or two pieces of evidence are sufficient.

Take a few minutes to think and plan: – Underline the key words in the question. You can cross it through afterwards. • However. . this is when it's more important than ever to get your ideas across clearly and concisely. – Identify the main topic and discussion areas.Plan before you write • The stress of working under time constraints in the exam room can make all your good study intentions disappear. – Make a mini-plan which puts them in order before you start writing. – Choose a few points/arguments about which you can write.

put your pen down. try associating them with pictures or music while revising. • If it does. take a deep breath. read through what you have written so far – what happens next? • If you have to remember formulae. sit back and relax for a moment. .What to do if your mind goes blank • Most students fear this happening. • If you're in the middle of an answer.

• Look at the questions you have left to answer and divide up your remaining time to cover them all. briefly list the points you . • Be very economical – make one point support it with evidence and then move on to the next point.If you are running out of time • Don't panic. • If you really can't finish in time.

Example 1 Define the word “Entrepreneurship”. . entrepreneurship is a process of creating and expanding businesses that collectively form a force for national development and societal prosperity. (2 Marks) • According to our text book.

. • Burden of responsibility. (4 marks) Advantages: • Autonomy. • Challenge of a start-up.Example 2 List TWO (2) advantages and disadvantages of being an entrepreneur. Disadvantages: • Personal sacrifices.

finance companies. . loans. government agencies i.e. hire purchase. grants. (4 Marks) • Internal: equity contributions from the entrepreneur/s i. cash or assets.e.Example 3 Briefly explain TWO (2) types of finance resources. • External: commercial banks.

Example 4 How to develop a financial plan? (7 Marks) Step 1: Gather all financial input Step 2: Prepare the project implementation cost schedule Step 3: Prepare the sources of finance schedule Step 4: Prepare the pro forma cash flow statement Step 5: Prepare the pro forma income statement Step 6: Prepare the pro forma balance sheet Step 7: Perform financial analysis based on pro forma statements .

Example 5 There are certain characteristics that would differentiate a small business from large corporations. Identify and explain these characteristics. (10 marks) .

Acts as both manager and worker also determined the development of the business. . partnership or private limited (Sdn Bhd) company.• Resources: Has limited resources. • Management: The business is managed and operated by the owner(s). Owner functions as generalist. • Ownership: Privately owned by individual or partners typically registered as sole proprietorship. • Flexibility of change: Ease to adapt to changes in environment due to size Vulnerable to changes in environment due to lack of resources. Lack of track record and collateral hinders for more resources • Organizational structure: Structure is flat and informal.