General Thoughts: Business Studies (5 Viewers)

[La Bomba]

i focused on e-commerce. what does every1 think? no one else has taken this approach? but is very effective for differentiating the product .

 

[x_symphonic]

hey just wondering. what if in the report you didn't put the exact words 'quality of working life' but described it. Would it still be correct?

 

[hairspray]

by the sounds of things it seems overall that most people didnt do too well in the last section.. im hoping they take this into consideration with everybody and scales us all up!

I would like to think that as well... but i don't think so.
My theory is everyone who did really well are having a nap b4 they study for the English exam. Those who did well don't come on forums and bitch about the exam... they're too busy studying.

 

[lukadore]

Multi guess was easy. Except for one question.

A business using factoring to pay creditors --> liquidity or solvency????

I put liquidity.

Stuffed up the last question (2nd extended response choice). Get 7 marks for that Q and I'll be over the moon.

And also, could interest rates by a financial influence for exporting?

The answer was actually efficiency. because by factoring you're not influencing Current assets or Current Liabilities. so it doesn't effect the liquidity ratio. It's not effecting total debt or owners' equity, so it's not solvency.
The only thing you're effecting is accounts receivable, so it's the Accounts Receivable turnover ratio. so it's expenses.

I put liquidity, but we discussed it after the exam. damn that question.

 

[La Bomba]

oh yeh f. looks like 17/18 out of 20 now lol

 

[matthew.mclean]

It says it will examine all 5 topics, but it doesn't say that a topic can't be in both. Differentiation alone was enough to count as global.

I still think as a result of the stimulus objectives, the second dot point of the report was exclusively global. But, perhaps I'm just trying to convince myself I got the answer right.

Good luck with Belonging tomorrow everyone.

 

[hairspray]

The answer was actually efficiency. because by factoring you're not influencing Current assets or Current Liabilities. so it doesn't effect the liquidity ratio. It's not effecting total debt or owners' equity, so it's not solvency.
The only thing you're effecting is accounts receivable, so it's the Accounts Receivable turnover ratio. so it's expenses.

I put liquidity, but we discussed it after the exam. damn that question.

My answer was Liquidity because I thought factoring does affect current assets because factoring is the selling of account receivables, and accounts receivable is found under current assets.

 

[superralex]

The answer was actually efficiency. because by factoring you're not influencing Current assets or Current Liabilities. so it doesn't effect the liquidity ratio. It's not effecting total debt or owners' equity, so it's not solvency.
The only thing you're effecting is accounts receivable, so it's the Accounts Receivable turnover ratio. so it's expenses.

I put liquidity, but we discussed it after the exam. damn that question.

Effective working capital (liquidity) management.
Strategies for managing working capital - leasing, sale and lease back and factoring?

 

[getsetgosugar]

Business is a... wait for it... Bitch.

 

[elliegrace]

I think you are way arrogant and that you are getting way too big for your bridges....

here here..

 

[d3vilz]

someone please tell me adv and dis adv of asx

this is what i has:
pro - businesses have a variety of choice in purchasing shares/bonds for financing their business. since the public companies listed range in various industries/sector, they can have a diverse portfolio

con - prices of shares can fluctuate & that there is a risk that the company they invest in go bankrupt

 

[bayan92]

The answer was actually efficiency. because by factoring you're not influencing Current assets or Current Liabilities. so it doesn't effect the liquidity ratio. It's not effecting total debt or owners' equity, so it's not solvency.
The only thing you're effecting is accounts receivable, so it's the Accounts Receivable turnover ratio. so it's expenses.

I put liquidity, but we discussed it after the exam. damn that question.

Syllabus document -

effective working capital (liquidity) management
• the working capital ratio
• control of current assets — cash, receivables, inventories
• control of current liabilities — payables, loans, overdrafts
• strategies for managing working capital — leasing, factoring, sale and lease back

 

[tomm2096]

for the liquidity question... doesn't the cash generated through factoring come under current assets, therefore liquidity will be affected

 

[xx.kelly.xx]

You don't know how happy I was when I saw the last extended response question (28). Marketing was the only topic I had looked out on my case study and I was praying to god that it would ask a marketing question so I didn't have to make up a load of crap!


I didn't find the rest that bad, and was surprised there wasn't a short answer on ratios.. But I'm so glad there wasn't cause I would have been fucked

 

[H4wk1n4t0r]

Wasn't that bad, although the lack of Global Business and financial statements was a bit odd. Reports were fairly straightforward, wrote 9 and 10 pages for sections III and IV respectively.

 

[d3vilz]

MY OPINION

- worst business studies paper ....EVER
- the questions were very vague & ambiguous
- i was surprised there weren't any short answers on the financial ratios (thank god)
- NO GLOBALISATION Q FOR EXTENDED RESPONSE. WTF ???

 

[Lilyy]

you forgot solvency >_<



edit: ohh wait SHIT.... solvency wasnt an objective! shit.. am i going to lose marks for writing about that!?

I did that too. T___T" I hope I don't lose marks. But according to my Eco teacher, "BoS is there to give you marks not take marks away from you, you can't lose marks for having more information then required." - Paraphasing. Then again we kind of stated/remembered the syllabus wrong. Sooo T___T"

 

[lukadore]

to clarify asx. i do economics. ok listen disadvantage is vulnerable to economic cycle, e.g in recession share prices will go down, therefore there shares will have less value, yu know the rest. advantages: effective means of gaining capital as yu do not hav to pay interest etc associated with borrowing money. 2 easy ppl

Once the sahres have been bought, their value doesn't effect the business one bit, because they have their money, already to expand. so that isn't a disadvantage. a better disadvantage would be that since they have sold part of their business, they now have to give part of their prfits to shareholders.

 

[La Bomba]

yes but if the busines issues the shares and then their value depreciates, people will buy more shares at a lesser value.

 

[carlytse621]

Once the sahres have been bought, their value doesn't effect the business one bit, because they have their money, already to expand. so that isn't a disadvantage. a better disadvantage would be that since they have sold part of their business, they now have to give part of their prfits to shareholders.

I said the disadvantage would be: loss ownership since you are issuing shares to public, therefore you have less control, and they have voting right......is that a disadvantage?