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Section II - Short Answer (2 Viewers)
- Thread starter Rafy
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maknaedori
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I think I put performance management and job design (Y)
As for the IT thing I put what everyone else put: acquisition and separation
As for the IT thing I put what everyone else put: acquisition and separation
Did the answer have to be in a percentage?
I wrote that they should use performance appraisals to determine which employees are most valuable to the firm so that they can lay off the once that are incompetent. For the second one I wrote that they should have in place a solid set of grievance procedures to ensure that the disputes which arise from the reduction in the workforce are managed properly (most of the employees which are maintained will probably be concerned about the lack of job security and may engage in disputation). Also stated they should attempt to negotiate any disputes as it is both cost and time effective (if they arise).
shannan94
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See this was the only short answer I was unsure about because there isn't really any specific strategies under the syllabus relating to the removal of employees in order to downsize so I named voluntary and involuntary separation as A strategy for downsizing. Probably wrong though, sort of had me thinking that one.
did anyone put training programs as a strat.......
i just said the continual skill refinement of existing labour--> increase productivity and skil;-->will erode the possible loss of output associated with downsizing.
and for debt to equity..
i think i did in %?
showed working and everything, should be fine right???? oh shite
i just said the continual skill refinement of existing labour--> increase productivity and skil;-->will erode the possible loss of output associated with downsizing.
and for debt to equity..
i think i did in %?
showed working and everything, should be fine right???? oh shite
wasn't there like 4-5 lines for each strategy and you only named them??
I think they were around 2-3 marks each.
WTF! (financial ratios)
So for the 'debt to equity ratio' I included owners equity as a 'liability'
I know this was sort of crazy in the test since total liabilities + OE = blabla
HOWEVER, my teacher at school told me beforehand that owners equity is a liability, cause apparently the business owes the owners the money once the business closes.
So my ratio was 2:1, when people are telling me OE is not a liability and the answer is 1:1
On my test paper I wrote 'OE is a liability'.
Do you think I can still get 2 marks or even 1? or no marks at all? I'm so angry.... after the test I talked to my teacher and asked 'Is OE a liability?' and she said yes... and then she looked at the question and she said 'Mmm, well OE is part of liabilities but maybe not for this question'.
WTH?!!?!??! AHHHHHHHHH
So for the 'debt to equity ratio' I included owners equity as a 'liability'
I know this was sort of crazy in the test since total liabilities + OE = blabla
HOWEVER, my teacher at school told me beforehand that owners equity is a liability, cause apparently the business owes the owners the money once the business closes.
So my ratio was 2:1, when people are telling me OE is not a liability and the answer is 1:1
On my test paper I wrote 'OE is a liability'.
Do you think I can still get 2 marks or even 1?
or no marks at all? I'm so angry.... after the test I talked to my teacher and asked 'Is OE a liability?' and she said yes... and then she looked at the question and she said 'Mmm, well OE is part of liabilities but maybe not for this question'.WTH?!!?!??! AHHHHHHHHH
I said the resistance to change due to costs and also fear of unknown.
McLovinFanboy
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Thank god. That is what i wrote.
McLovinFanboy
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Re: WTF! (financial ratios)
The answer was 1:1
The answer was 1:1
McLovinFanboy
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Re: WTF! (financial ratios)
This time you can blame your teacher
This time you can blame your teacher
Re: WTF! (financial ratios)
thats what I got too. glad we could agree on something lol