• 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

Predictions for the Business Studies HSC exam? (1 Viewer)

aqwerty13402

Well-Known Member
Joined
Feb 26, 2024
Messages
1,292
Gender
Male
HSC
2024
hopefully if they do its just abt like outsourcing or sm
CAN SOMEONE EXPLAIN CONTRACTORS. Like ik what they are, but is that the same as outsourcing (i.e. do you outsource THROUGH contractors)???

also is outsourcing purely HR functions or is it talking abt everything
 

sainzsgf

Well-Known Member
Joined
Oct 7, 2023
Messages
378
Gender
Female
HSC
2024
CAN SOMEONE EXPLAIN CONTRACTORS. Like ik what they are, but is that the same as outsourcing (i.e. do you outsource THROUGH contractors)???

also is outsourcing purely HR functions or is it talking abt everything
Screen Shot 2024-10-27 at 3.27.06 pm.png


no one snitch on me please
 
  • Like
Reactions: bcv

ManifestationIsKey

Active Member
Joined
Oct 25, 2024
Messages
153
Gender
Male
HSC
2024
Hedging is trying of minimising risk by using financial instruments or strategies to protect against a particular issue. For example, currency fluctuations.

Derivatives are the financial instruments. Like forward exchange contract, swap contract and option contract

Equity (if your asking in terms of owners equity): Basically like what the owner contributes to the business
 

K2Trappy

Well-Known Member
Joined
Jun 5, 2024
Messages
440
Gender
Male
HSC
2024
can someone explain derivatives and heging and equity
hedging is like methods used to reduce risks of global financial activities like exchange rate movements, so its basically things they can do to minimise it,
1. Offshore subsidiaries --> Have a part of company there so u can just trade in that currency so no risk of exchange rate
2. Third - party currency --> Trade in a third currency so ur loss in one movement will offset by a gain in another
3. Make demand inelastic --> Even if u lose money in exchange rate, u can charge consumers wtv price and they'll buy it

Derivatives are like tools u use to minimise risks
1. Foward exchange contract --> U trade currency at a predetermined value so u don't lose any money
2. Options contract --> Same as forward exchange but u can opt out if u want, so if exahnge rate moves in a favourable way u can decide to exchange currency normally
2. Swaps contract --> doing currency trade now, then re-exchanging at a future date, so it minimises impacts of movement in exchange rate

idk if that made any sense but I tried 😭
 

ManifestationIsKey

Active Member
Joined
Oct 25, 2024
Messages
153
Gender
Male
HSC
2024
so does this mean that outsourcing = using contractors?
Outsourcing involves transferring the entire responsibility for a function to an external service, while contracting brings in external help to complete specific HR tasks or projects (contractors are not employed by the business)
 

utopianimal

Active Member
Joined
Dec 27, 2023
Messages
135
Gender
Male
HSC
2024
hedging is like methods used to reduce risks of global financial activities like exchange rate movements, so its basically things they can do to minimise it,
1. Offshore subsidiaries --> Have a part of company there so u can just trade in that currency so no risk of exchange rate
2. Third - party currency --> Trade in a third currency so ur loss in one movement will offset by a gain in another
3. Make demand inelastic --> Even if u lose money in exchange rate, u can charge consumers wtv price and they'll buy it

Derivatives are like tools u use to minimise risks
1. Foward exchange contract --> U trade currency at a predetermined value so u don't lose any money
2. Options contract --> Same as forward exchange but u can opt out if u want, so if exahnge rate moves in a favourable way u can decide to exchange currency normally
2. Swaps contract --> doing currency trade now, then re-exchanging at a future date, so it minimises impacts of movement in exchange rate

idk if that made any sense but I tried 😭
i thought derivatives and hedging were basically the same thing? like hedging is the idea and derivatives (forwrd echangce contract) are the methods
 

zackbekro123

New Member
Joined
Oct 18, 2023
Messages
28
Gender
Male
HSC
2024
Can someone explain monetary and non-monetary --> Always MCQ where it says that an employee recieves a car or insurance and the options are monetary or non-monetary and its always non-monetary --> Is it always non-monetary as long as its not physical money itself?
 

e8zks

Active Member
Joined
Sep 4, 2023
Messages
374
Gender
Male
HSC
2024
Don't know whether I miss it before, but what are we predicting for section 3 and 4????
and does anyone have any final tips, like anyoneknow any trends so what we should study

Or any hand hints for short answer

or really anything man, it would be a dream to get above 70%
 

e8zks

Active Member
Joined
Sep 4, 2023
Messages
374
Gender
Male
HSC
2024
wait im a dumbass, i thought section 4 - the essay, u had a question with both hr and finance, not having the option to pick one ..........

I'm a dumbass
 

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

Top