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  1. R

    Finance: Methods of International Payments and Derivatives

    In layman's terms, the exporter could run away with the money.
  2. R

    Business scaling

    Anyone know how the past few years have scaled? What the approximate raw-mark cutoffs for B6 have been? I can get about 92/100 raw and I'm wondering what that would end up as if I had have got it the last 2 years or w/e. I'm assuming it'd be around the mid 80's for B6 for the past few years?
  3. R

    Finance: Methods of International Payments and Derivatives

    From memory: - Bill of exchange - Letter of credit - Clean payment - Payment in advance (highest risk for importer) Derivatives are a type of hedging. They are used to minimise the financial risk associated with international trades of currency. It's simply a financial document that specify...
  4. R

    Business Studies 2013 Marathon

    All of the key functions of the business (being Human Resources, Marketing, Operations and Finance) must operate synchronously with each other in order to cumulatively achieve the goals and objectives of the business. Each different function of the business has a specific purpose which it can...
  5. R

    You guys feel like your text book has got alot of irrelevant bs?

    If you have common sense and know the syllabus well, 80%+ is pretty much a given.
  6. R

    Cost centres?

    This. In terms of profitability management, financial managers will gather data in relation to what functions of the business are eating up too much of its precious funding (and thus eating into net profits) and since cost-centres aren't fundamental to the profitability or direct growth of the...
  7. R

    Business Studies HSC

    Just don't make it look like an essay. It's a business report afterall. Diagrams make it look more report-y.
  8. R

    Cost centres?

    Something that functions within the businesses and has purpose other than directly stimulating and generating profits. They're normally used to increase profits (through an increase in revenue) indirectly through attaining higher customer satisfaction, conducting market research which can then...
  9. R

    How many case studies?

    uwotm8 brb drawing squirrels for each dot point to be a top tier business student
  10. R

    Business Studies HSC

    how in depth are you cutiepies learning each syllabus point?
  11. R

    ATAR estimation ploz

    School is ~400 All these marks will be raw, so I'm assuming they'd scale upwards except for senior science. General maths rank 2/130, external raw mark ~85 Senior science 2/35, external raw mark ~95 Advanced English rank 10/70, external raw mark ~85 Business studies rank 4/30, external...
  12. R

    Business Studies 2013 Marathon

    Nice. I'd probably talk a little bit about how this may mislead potential shareholders as well. ... Awards are legally binding documents that outline the minimum terms and conditions of employment. Awards are generally applied industry-wide and are set by the Australian Industrial Relations...
  13. R

    Business Studies 2013 Marathon

    Rewards management is a crucial aspect of effective Human Resource Management through which can be used to motivate employees while improving overall employee morale, therefore serving as a fundamental strategy through which managers can implement in order to improve employee performance and...
  14. R

    You guys feel like your text book has got alot of irrelevant bs?

    Yeah brah reading business studies in action now - a lot of extra syllabus information. I'm just reading it all tonight (whole textbook) then tomorrow I'll go through and match up relevant shit with the syllabus.
  15. R

    Business Studies HSC

    Thanks brah. Any specific way of writing the essay? Like, going: - Main syllabus dotpoint and what sub-keypoints it includes (For example Promotion - advertising, personal selling, public relations, sales promotion) then talk about each sub-keypoint in depth and give a case study for them...
  16. R

    Business Studies HSC

    Yeah, as long as you're still able to discuss things in-depth you'll still be fine. You'd just be reinforcing your points more. What structure do you guys use for the report and essay? report: 1. exec summary 2. syllabus dot pot point for each recommendation/strategy + why its an issue for...
  17. R

    Business Studies HSC

    Time to cram for business. Where to start brahs? Learn the syllabus completely then go back and learn the case studies? Or wat.
  18. R

    Multiple Choice

    It doesn't necessarily have to be a solution to be transparent.
  19. R

    Multiple Choice

    Only one I'm iffy about is 11. It really depends on their definition of the term cloudy, it's open to interpretation really and it's not an objective term imho. I think the term "pure" was used in a way that suggests that the answer is A. It's simply pure oil in pure oil, and we all know that...
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