Business Help Thread (2 Viewers)

[its_ace21]

oh ok. im just confused cause behavioural influences aren't in the syllabus. whats the definition for behavioural, and what are some examples?

wait nvm theres no behavioural influences

 

[scaryshark09]

coz ppl working in resource market include like farmers and those people in "raw material" production - these farmers would've sold the flour to another business (who is in the industrial market in this process) who then sells it to the pasta manufacturer (in the intermediate market) very weird ik

i would have to disagree with you here.
the pasta manufacturer is def not in the intermediate market (that is like retailors and wholesalers)
the pasta manufacturer would be in the industrial market (they purchase products to use in the production of other products)

 

[scaryshark09]

flour is semi - finished --> so its industrial

yes i understand this omg, but the question said

which market would they purchase flour from? which means they would purchase FROM resource, even tho they are OPERATING in industrial

 

[scaryshark09]

wait nvm theres no behavioural influences

yes ik they aren't in the syllubus, but they pop up in MC questions, and sometimes they are the correct answer

 

[jimmysmith560]

The Cambridge textbook provides a nice and simple definition for industrial markets:

"Industrial markets are markets where goods that are used as supplies in the production process are traded."

Because the pasta manufacturer will be using flour for (i.e. in making) its products, the flour is traded in the industrial market.

 

[its_ace21]

@jimmysmith560 help

 

[its_ace21]

@scaryshark09 u think too much

 

[carrotsss]

View attachment 40146
View attachment 40147
1 is D, i did B
20 is B, i did A

im sorry but I don’t even do business and I know those

 

[synthesisFR]

im sorry but I don’t even do business and I know those

That’s literally what I’m saying lmaoo

 

[scaryshark09]

im sorry but I don’t even do business and I know those

ok i admit that question 1 is easy, i just lack knowledge about those types of questions with laws and stuff
how do you know question 20 tho? contract for service isn't specifically in syllubus. i knew it wasn't D at least, but can someone explain why its not A or C??

 

[carrotsss]

ok i admit that question 1 is easy, i just lack knowledge about those types of questions with laws and stuff
how do you know question 20 tho? contract for service isn't specifically in syllubus. i knew it wasn't D at least, but can someone explain which its not A or C

he’s an independent web designer (ie contractor) not an employee, A and C are for employees not contractors

 

[scaryshark09]

3 - strength is internal, while opportunity is an external influence, so extending operating hours is internal so its a strength??

yes ik strength is internal and opportunity is external, but can you explain why its internal and not external?

 

[scaryshark09]

stop @synthesisFR, i bet you wish you did business instead of physics

 

[carrotsss]

yes ik strength is internal and opportunity is external, but can you explain why its internal and not external?

theyre changing their own opening hours, thats internal

 

[jimmysmith560]

yes ik strength is internal and opportunity is external, but can you explain why its internal and not external?

It is because the business has control over its opening hours, which indicates that it is an internal factor, hence a strength.

 

[scaryshark09]

oh no, now im doubting my business abilities...
i need my mc and shorties to be good, cause ik essay and bus report are so bad for me

 

[synthesisFR]

stop @synthesisFR, i bet you wish you did business instead of physics

How am I beating u then

 

[carrotsss]

oh no, now im doubting my business abilities...
i need my mc and shorties to be good, cause ik essay and bus report are so bad for me

just common sense and dont overthink it

im gonna try a business mc and see how i go

 

[scaryshark09]

How am I beating u then

in what?

 

[scaryshark09]

just common sense and dont overthink it

im gonna try a business mc and see how i go

please do 2016 or 2017 hsc so we can compare