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Thread: HSC Business Studies Post-Exam Thoughts

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    HSC Business Studies Post-Exam Thoughts

    I'll get the thread started off

    Pretty generic last question, the stimulus was pretty good. I had to read it a few times to find out every single information I could. The multiple choice was tricky.
    Last edited by si2136; 26 Oct 2017 at 1:55 PM.

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    Re: HSC Business Studies Exam Post-Thoughts

    The Bank Transformation Process question dicked me around a bit. Everything else was fine. No short answer questions I was really unsure of.
    I got the following for MC

    b
    d
    a
    d
    b
    d
    d
    a
    d
    d
    b
    d
    a
    d
    d
    b
    d
    a
    d
    d
    c
    a
    a
    c
    d

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    Re: HSC Business Studies Exam Post-Thoughts

    Quote Originally Posted by SydneySpurs View Post
    The Bank Transformation Process question dicked me around a bit. Everything else was fine. No short answer questions I was really unsure of.
    I got the following for MC

    b
    d
    a
    d
    b
    d
    d
    a
    d
    d
    b
    d
    a
    d
    d
    b
    d
    a
    d
    d
    c
    a
    a
    c
    d
    Damn you have good memory, I stuffed up and rushed the last section because I spent too much time on the section 3 but it was all good, yeah multiple choice was pretty tricky the only problem I have was my rushed section but it was a good paper.

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    Re: HSC Business Studies Exam Post-Thoughts

    How do u even remmever the multiple choice

    It was clean payments as the answer hahaahaha I Rmemebered only 3 methods of payment and I knew it wasn't bill or payment in adv

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    Re: HSC Business Studies Exam Post-Thoughts

    Didn't like the exam, just glad it's over
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    Re: HSC Business Studies Exam Post-Thoughts

    Quote Originally Posted by si2136 View Post
    How do u even remmever the multiple choice

    It was clean payments as the answer hahaahaha I Rmemebered only 3 methods of payment and I knew it wasn't bill or payment in adv
    Are you sure, clean payment would be good if they were exporting yeah? Were they not just importing computers from China and then selling them in Aus?

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    Re: HSC Business Studies Exam Post-Thoughts

    Quote Originally Posted by SydneySpurs View Post
    The Bank Transformation Process question dicked me around a bit. Everything else was fine. No short answer questions I was really unsure of.
    I got the following for MC

    b
    d
    a
    d
    b
    d
    d
    a
    d
    d
    b
    d
    a
    d
    d
    b
    d
    a
    d
    d
    c
    a
    a
    c
    d
    I can barely remember my name after an exam, and you somehow managed to remember your multiple choice? How?
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    Re: HSC Business Studies Exam Post-Thoughts

    Quote Originally Posted by Zamura1 View Post
    Are you sure, clean payment would be good if they were exporting yeah? Were they not just importing computers from China and then selling them in Aus?
    idk anymore, i don't remember the q


    what did u think it was

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    Re: HSC Business Studies Post-Exam Thoughts

    What do you think the Band 6 cutoff will be, higher or lower than last year?
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    Re: HSC Business Studies Exam Post-Thoughts

    I thought it was either Bill of Exchange or letter of credit
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    Re: HSC Business Studies Exam Post-Thoughts

    I used my calculator's ABCD buttons to copy my MC

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    Re: HSC Business Studies Post-Exam Thoughts

    Its clean payment, because that is when the importer has the least risk, the goods arrive and he pays.

    Exporter has most risks, if you got that wrong thats 5 marks. Expecting 88+

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    Re: HSC Business Studies Post-Exam Thoughts

    Quote Originally Posted by FrequentBF4 View Post
    Its clean payment, because that is when the importer has the least risk, the goods arrive and he pays.

    Exporter has most risks, if you got that wrong thats 5 marks. Expecting 88+
    Yeah, i just realised i confused payment in advance with clean payment. I put Letter of credit, still think it will get payed since its safe and mostly risk free.
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    Re: HSC Business Studies Post-Exam Thoughts

    I don't think tahts it, cause in the exam it specified most effective.

    Clean payment has 0 risk for importer, has a degree of risk cause somali pirates can screw you.

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    Re: HSC Business Studies Post-Exam Thoughts

    What were the reports/essay questions?
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    Re: HSC Business Studies Post-Exam Thoughts

    Clean payment is typically only used in domestic transactions.
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    Re: HSC Business Studies Post-Exam Thoughts

    The textbook put in under international payments, but I couldn't really care less anymore. Test was fairly simple.

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    Re: HSC Business Studies Post-Exam Thoughts

    It was a good one

    Analyse the effects of globalisation on operations management.

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    Re: HSC Business Studies Post-Exam Thoughts

    Quote Originally Posted by BLIT2014 View Post
    What were the reports/essay questions?
    essay 1) Globilisation on Operations
    essay 2) Social, economic, technological influence on HR management (Strategies)

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    Re: HSC Business Studies Post-Exam Thoughts

    It doesn't matter, letter of credit is still majorly risk free and it said justify, so if you justified it, you can still get full marks, there isn't only one answer.
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    Re: HSC Business Studies Post-Exam Thoughts

    I'd say around the same difficulty as last yr, band 6 Cutoff, mid 80s?

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    Re: HSC Business Studies Post-Exam Thoughts

    Quote Originally Posted by FrequentBF4 View Post
    It was a good one

    Analyse the effects of globalisation on operations management.
    Do you guys think that this will work with processes? I talked about inputs, outputs and transformation process (volume, variety, economies of scale) in relation to globalisation.
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    Re: HSC Business Studies Post-Exam Thoughts

    Would anyone happen to have a copy of the paper? I'm too impatient to wait a few days for it come on up on NESAs website haha

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    Re: HSC Business Studies Post-Exam Thoughts

    what did everyone put for question 6? the question was 'a sole trader had 500,000 dollars, what source of finance did he use'. did u put overdraft or internal equity retained profits?

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    Re: HSC Business Studies Post-Exam Thoughts

    Quote Originally Posted by sarkar_as View Post
    what did everyone put for question 6? the question was 'a sole trader had 500,000 dollars, what source of finance did he use'. did u put overdraft or internal equity retained profits?
    Internal equity finance

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