• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Section II - Short Answer (1 Viewer)

Rafy

Retired
Joined
Sep 30, 2004
Messages
10,719
Gender
Female
HSC
2005
Uni Grad
2008
Share your thoughts here
 

JT145

ON is my homeboy
Joined
Mar 4, 2012
Messages
1,678
Gender
Female
HSC
2016
Did first two sections in 50 minutes and nearly ran out of time in section 4 ahaha
 

NFmusic1995

Member
Joined
Mar 30, 2013
Messages
274
Gender
Male
HSC
2013
Low gearing = high solvent , hence internal sources of finance i.e retained profits?
 

ClassOf2013

Member
Joined
Feb 1, 2012
Messages
145
Location
Sydney
Gender
Male
HSC
2013
For that question that asked about the bicycle business, I suggested they introduce a pay in advance system...oh well.
 

Mitsunami

Member
Joined
Dec 7, 2012
Messages
52
Gender
Male
HSC
2013
Section 2 was alright. Did it faster than I expect but rechecked and hopefully I didn't mess up somewhere...
 

jasonz1c

Member
Joined
Oct 17, 2011
Messages
61
Gender
Male
HSC
N/A
Was a letter of credit an appropriate global financial management strategy??
 

shaziee7

New Member
Joined
Mar 12, 2013
Messages
14
Gender
Male
HSC
2013
1. Did anyone use bill of exchange for method of payment?
2. For the question about australia and currency fluctuations, could you talk about how higher currency compared to other countries increases the price to export, therefore managers should reduce the amount in which they export and wait till the aus dollar is low compared to other countries?
Apparently u had to talk about hedging and derivatives
 

WildKoala

New Member
Joined
Mar 28, 2012
Messages
19
Gender
Female
HSC
N/A
1. Did anyone use bill of exchange for method of payment?
2. For the question about australia and currency fluctuations, could you talk about how higher currency compared to other countries increases the price to export, therefore managers should reduce the amount in which they export and wait till the aus dollar is low compared to other countries?
Apparently u had to talk about hedging and derivatives
1. Yeah! I did. I'm pretty sure it's correct
2. And no,the question specifically asked what was a strategy to avoid fluctuation or something (can't remember question correctly), but the answer was hedging ( which includes, derivatives --> forward exchange contract, options contract & swap contract)
 

WildKoala

New Member
Joined
Mar 28, 2012
Messages
19
Gender
Female
HSC
N/A
Was a letter of credit an appropriate global financial management strategy??
Yeap! Anything below was acceptable to use:
- Bills of exchange (the best choice in the question case due to guarantee)
- Letter of credit
- Clean payment

Question DID NOT accept payment in advanced
 

shaziee7

New Member
Joined
Mar 12, 2013
Messages
14
Gender
Male
HSC
2013
sigh :( what did everyone put for the independent discount fuel and convenience store? i think it was how e-commerce could be used and whether supply chain management would be effective and maybe one other question.

I believe it would be effective as it is independent and will require integrating and managing the flow of supplies through logistics, e-commerce etc.
 

NFmusic1995

Member
Joined
Mar 30, 2013
Messages
274
Gender
Male
HSC
2013
sigh :( what did everyone put for the independent discount fuel and convenience store? i think it was how e-commerce could be used and whether supply chain management would be effective and maybe one other question.

I believe it would be effective as it is independent and will require integrating and managing the flow of supplies through logistics, e-commerce etc.
I spoke how it can make an online website to further allow customers to redeem these fuel vouchers and as a logistics tool to check for stock etc.
 

JT145

ON is my homeboy
Joined
Mar 4, 2012
Messages
1,678
Gender
Female
HSC
2016
I said bill of exchange except I got the definition wrong ahaha

Also for the derivatives question I forgot the difference between derivatives and hedging... I wrote 'hedging' but then listed a derivative lol
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top