Predictions for the Business Studies HSC exam? (3 Viewers)

[sainzsgf]

I'm praying the just don't ask HR at all

hopefully if they do its just abt like outsourcing or sm

 

[aqwerty13402]

I'm praying the just don't ask HR at all

LMFAOO

 

[aqwerty13402]

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]

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

no one snitch on me please

 

[aqwerty13402]

View attachment 45435


no one snitch on me please

thanks u legend

so does this mean that outsourcing = using contractors?

 

[idk123233]

can someone explain derivatives and heging and equity

 

[ManifestationIsKey]

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]

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]

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]

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

 

[aqwerty13402]

i thought derivatives and hedging were basically the same thing? like hedging is the idea and derivatives (forwrd echangce contract) are the methods

to my understadning, derrivatives are a FORM of hedging, but not the only way to hedge

 

[zackbekro123]

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]

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%

 

[rev668]

I'm praying the just don't ask HR at all

nah bro honestly HR>marketing

 

[sainzsgf]

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%

TikTok - Make Your Day

www.tiktok.com

 

[e8zks]

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

 

[e8zks]

Hypothetically for section 4 couldnt i just study case study for hr then????

 

[e8zks]

is each section 4 option only on one topic, like q1 hr, q2 marketing, or can it be like q1 hr and marketing, q2 operation

 

[hjsml]

I'm really hoping for the business report to be about operations and marketing (praying smaller dot points on operations and the bigger ones on marketing) and a finance strategies essay but I think it likely on processes because that hasnt been tested yet. I'm also like rlly rlly bad at HR so im hoping the short answer question on that is just about employment contracts so I can use my economics knowledge to carry me instead.

 

[sainzsgf]

is each section 4 option only on one topic, like q1 hr, q2 marketing, or can it be like q1 hr and marketing, q2 operation

wait im so lost? section 4 won't be two business functions in one question. so you'd pick between the two options HR or marketing, they only combine business functions in the report