Section II - Short Answer (3 Viewers)

[egnaro315]

do you need to write acquisition- recruitment-external?

 

[Newbit]

What did you guys write for the importance of controlling the debt to equity ratio? Did you guys make reference to the answer in the previous question?

 

[zb123]

WHen they said using examples, did you use specific businesses, or is it okay to give example of ethically responsible behaviour that benefits all businesses. eg environmental sustainability

 

[maknaedori]

I think I put performance management and job design (Y)
As for the IT thing I put what everyone else put: acquisition and separation

 

[yayschool]

Did you guys get 100% for the debt to equity ratio

and 2.5:1 for the working ratio

Did the answer have to be in a percentage?

 

[jnigga07]

What strategies did you guys suggest for the downsizing thing? I gave them recruitment and Job Design, not sure if correct!

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]

What strategies did you guys suggest for the downsizing thing? I gave them recruitment and Job Design, not sure if correct!

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.

 

[egnaro315]

It should be in ratios, I'm pretty sure.

 

[Meshy590]

short answers were quite different to most trial papers, and I thought that they didn't really test much syllabus content overall. But they were quite easy and straightforward

 

[osak23]

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

 

[yayschool]

only did a ratio. hopefully it'll be alright!
how many marks was the downsizing question? only wrote the strategies and didnt explain them...

 

[egnaro315]

only did a ratio. hopefully it'll be alright!
how many marks was the downsizing question? only wrote the strategies and didnt explain them...

wasn't there like 4-5 lines for each strategy and you only named them?? I think they were around 2-3 marks each.

 

[B0]

Benefits of CSR?

Why a business may not want to comply with CSR???

 

[Zenox]

Benefits of CSR?

Why a business may not want to comply with CSR???

The cost incurred complying with CSR may not be favoured by businesses.

 

[Rawf]

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

 

[ellie95]

The cost incurred complying with CSR may not be favoured by businesses.

I said the resistance to change due to costs and also fear of unknown.

 

[McLovinFanboy]

The cost incurred complying with CSR may not be favoured by businesses.

Thank god. That is what i wrote.

 

[McLovinFanboy]

Re: WTF! (financial ratios)

The answer was 1:1

 

[McLovinFanboy]

Re: WTF! (financial ratios)

This time you can blame your teacher

 

[Hatake88]

Re: WTF! (financial ratios)

The answer was 1:1

thats what I got too. glad we could agree on something lol