answers (dodgy) for section 3 and 4 (1 Viewer)

shazabdazla

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for section 3 i was really rushed...

i said ways to finance=

- domestic market, issue shares
- ask for more equity (unlikely cos huge amount of capital needed)
- international markets and eurocurrencies
- international factoring firms can provide finance-80%

process for marketing plan=

1.situation analysis
2.set marketing objectives
3.identify target market
4.marketing strategies (4ps)
5.control and implementaion

then i said market segmentation: undifferentiated, multi segment, niche,
then target market characteristics: geographic, demographic, psychographic, behavioural

then 4 p's options
then specific globa issues - reaserch issues, global branding, standardisation and differentiation blah blah blah........

financial management i said:
like domestic biz, hire working capital mnger specialist geocentrically in each subsidiary

issues: methods of payment...i said open account not safe, advance payment great but unlikely cos biz has no int. biz relationships yet, doc collection ok but letter of credit best...as ensured payment..then i said certified or irrevocable best.

credit risks: financial viability of the debtor...credit checks through austrade...credit checking agency...

hedging n derivateives...enter into derivatives such as forward contracts and currency options...blah blah

dont no what else

ESSAY Q27

- swot analysis
- managing change effectively..
1) identify need for change
2) set achievable goals (s.m.a.r.t)
3)communicate need and utilise change agents
4)understand change models
-employment relations strategies..
1) communications.team briefings, grievance procedures, comm..
2) the HR cycle, aquisition, tr+dvlp, maintenence, separation
- aquisition..induction programs
-tr+dvlp..on location eg apprentice n trainee
off location eg seminars conferences video
- maintenence: rewards, flexi work, industrial relations(measures off effectiveness)

3) legal issues....awa's and certified agrmts=allow flexi good conditions....if pass no disadv. test by office. employ. advocate
...ethical...above award wages and happy staff are motivated

blah bla thats prty muchit!!!!!!!!!!!!!!!!!!!!!!!!!!

did you write about manage ment style like how behavioural and political are good......aaaaaaaaaaaaaaaaaaaaa

...i stuffed up..





:chainsaw:
 

FadeToBlack

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You didn't stuff up at all
dont get neurotic
Thats a lot of shit, more than i had
Its more than enough, you'll do fine
 

chris42

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Originally posted by chrome
u did almost exactly what i did :p
Yeah same here.

For 27 I said that different approaches could be used but that Qantas used behavioural/contigency, because of xyz
 

truly-in-bliss

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u did good overall... cuz u addressed all the major pointers..


i didnt write abt management styles either... but there was heapz on the page already... and didnt have time...

but u definatleli did not stuff it up... v detailed...
 

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