Business Studies Predictions/Thoughts (1 Viewer)

nini.nico

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my business teacher says she's sure that one of the essay questions is going to be based on marketing but im not sure how true that is (her and the rest of the business teachers did this prediction chart thingy and idk how it works
would it be fine if i memorise 3/4 case studies for essay?
like leave out HR and just memories case studies for marketing, operations and finance
 

laterz laterz

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like leave out HR and just memories case studies for marketing, operations and finance
yeah ig you could do that. the only reason I am learning case studies for every topic is that it helps you with 5 and 6 markers as well. Like if u dont properly know the answer to a q, you can always bs the case studies in. If you do know the answer, the case studies always help you write a really good response showing extra knowledge and helping you secure a 5/5 or 6/6
 

nini.nico

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yeah ig you could do that. the only reason I am learning case studies for every topic is that it helps you with 5 and 6 markers as well. Like if u dont properly know the answer to a q, you can always bs the case studies in. If you do know the answer, the case studies always help you write a really good response showing extra knowledge and helping you secure a 5/5 or 6/6
yea thats true
i've also done short answer questions in class where they ask you to relate a strategy or something to a case study that's not the stimulus
 

jimmysmith560

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for the finance topic do you need case studies for every single dot point?
In principle, the more thorough your knowledge of case study material relevant to Finance, the more advantageous your position will be as you sit the exam as you will be likely to include information that will assist you in supporting your main point(s), resulting in a higher quality response that directly addresses the question.
 

jimmysmith560

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View attachment 34041

ahh ok, because the syllabus only mentions a couple only so that's why I'm asking
Some of those are with reference to Section I and Section II questions. For example, questions relating to financial ratios can be asked within those 2 sections. Comparative ratio analysis questions can also be included in Section II. Consider Question 24 (d) from the 2020 Business Studies HSC exam:

"Explain TWO ways in which comparative ratio analysis can be used by this business to assess its financial position."
Similarly, recommending strategies to improve financial performance and examining ethical financial reporting practices can be assessed in one, a combination of, or all of Section I, Section II and Section III. Consider one of the requirements of Question 25 from the 2017 Business Studies HSC exam:

"recommend TWO strategies to improve financial performance"
Additionally, consider one of the requirements of Question 26 from the 2016 Business Studies HSC exam:

"explain possible limitations of the financial reports"
All of what has been mentioned until this point is aimed at analysing hypothetical business case studies. Of course, nothing technically stops these syllabus components from being assessed in Section IV, where they would require support using real-life case study material and/or Section II (although it would be safe to assume that this would be quite rare) questions that require a response with reference to a business that you have studied.

In summary, being knowledgeable in the 4 areas that you have outlined in the syllabus in terms of case study material is definitely recommended. Having further case study knowledge that extends beyond those 4 areas with respect to the Finance topic (if possible) is also encouraged.
 

uniqueusername1

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Does anyone plan on writing their execute summary last? or nah? By that I mean like leaving the first page blank and then coming back to it after you've finished the report.
why on earth would you do that?
 

hatterene

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is cpa hard lmao. i've been doing the mc and i'm struggling even though it's easy math i just don't understand why you can skip some tasks and you can't skip others?
 

Wizjaro

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How many case studies are people planning to write for their section IV essays? I want to just do Apple but I'm unsure if there are benefits in doing more?
 

hatterene

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you should do at least two. if you want to you can make it up but apple is very versatile. i'm only remembering apple, qantas and mcdonalds because my school taught them
 

nini.nico

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How many case studies are people planning to write for their section IV essays? I want to just do Apple but I'm unsure if there are benefits in doing more?
usually i do three but if i cant remember a third one i stick to two
 

hatterene

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why might a business choose to acquire funds through unsecured notes and debentures over mortgages?
 

sab13562

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you should do at least two. if you want to you can make it up but apple is very versatile. i'm only remembering apple, qantas and mcdonalds because my school taught them
Wow, lucky you, I had to do my own research :'(
 

sab13562

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why might a business choose to acquire funds through unsecured notes and debentures over mortgages?
All of them are long term sources of finance, but a mortgage is for properties only, so if you wanna invest in other stuff, you'd use debentures and unsecured notes. Keep in mind unsecured notes have a higher interest rate, but the positive is is that no asset for the business is held as a collateral if the business fails to repay the lender.
 

sab13562

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why might a business choose to acquire funds through unsecured notes and debentures over mortgages?
Debenture is quite similar to unsecured, whereas mortgage, collateral is present, so if you cant repay theyll take the whole property away.
A debenture is a type of bond or other debt instrument that is unsecured by collateral, just like unsecured notes.
Since debentures have no collateral backing, they must rely on the creditworthiness and reputation of the issuer for support.
 

jimmysmith560

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why might a business choose to acquire funds through unsecured notes and debentures over mortgages?
First, let's understand the meaning of each term:
  • A mortgage is a loan that is secured by the property of the borrower. The property that is mortgaged cannot be sold or used as security for further borrowing until the mortgage is repaid. Mortgage loans are used to finance property purchases, such as new premises, a factory or an office. They are repaid with interest, usually through regular repayments, over an agreed period of time.
  • A debenture is a promise made by a company to repay money that has been lent to the business. An investor lends money to a company and in return, the company issues a debenture with a promise to make regular interest payments for a defined term and then repay the loan at a particular date in the future. Debentures carry a fixed interest rate.
  • An unsecured note is a loan from investors for a set period of time. Unsecured notes are not secured against the business’s assets and therefore present the most risk to the investors in the note (the lender). For this reason, it attracts a higher rate of interest than a secured note.
Looking at the definitions, we can infer the advantages of a business acquiring funds through unsecured notes and debentures over mortgages:

Unsecured notes vs mortgages:

As seen in the definition, unsecured notes present the most risk to the investors in the notes, i.e. the lender(s). Similarly, this means that they present a low level of risk to the business borrowing these funds. This is manifested in the fact that unsecured notes are not secured against the business's assets, as opposed to mortgages. This allows the business to ensure its assets are not used as collateral that is to be forfeited in the event of a default.

Debentures vs mortgages:

A potential advantage that debentures have over mortgages is the fact that they carry a fixed interest rates. Fixed interest rates allow for some form of financial security for the business, particularly considering a period of unfavourable economic fluctuations which, in the case of loans with variable interest rates, would not be favourable for a business. However, fixed interest rates remain unchanged, irrespective of the economic conditions.
 

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