Predictions for the Business Studies HSC exam? (5 Viewers)

[Crismod]

for your example, you should ensure both exchange rates are in the same format (eg AUD/USD or USD/AUD). If we convert it to USD/AUD (so we are comparing against one AUD) for both, that is $1.00USD/AUD to $0.5USD/AUD, which is a depreciation since instead of paying one AUD for one USD, you need to pay twice as much for the same amount of US dollars (eg $2AUD for one USD)

ok for exchange rates the currency can either appreciate or depreciate
if the currency appreciates it means it is more VALUABLE eg $0.65USD/AUD to $0.70USD/AUD, which means businesses can purchase more US dollars with the SAME amount of Australian dollars, which benefits australian businesses as they can pay less AUD

whereas for depreciation its the opposite - the AUD has become more weaker so to purchase the same amount of US dollars they need to spend MORE australian dollars, so US businesses are benefitted

THANK YOU SO MUCH

 

[rev668]

can someone pls explain exchange rates to me and how they influence import and export price. cs I was looking at it and if aud compared to USD goes from $1=$1 to USD$1 = AUD$0.5 would that be appreciation or depreciation? u could buy more USD with the aud but then when I did a questions w this logic it was wrong lol. someone help

alright so if apples cost like 3 dollars per import from the US to australia and the conversion is normall 1:1, when it goes from 1USD = 0.5AUD, the instead of paying 3 dollars to get apples someone in australia has to pay 6 dollars to import apples, basically as our currency goes down imports become more expensive, also a business will receive less for exports

 

[Crismod]

how many stats would u need for the essay?

 

[e8zks]

how many stats would u need for the essay?

make them up, but id say try to go for 3ish

 

[rev668]

make them up, but id say try to go for 3ish

you really dont need that many if you expand on each one, talk about how a 5% growth in profit can be re-invested or smthn and draw out implications

 

[notsosmart1001]

for the essay, how many paragraphs are you guys planning to write ?

 

[ihatehsc24]

for the essay, how many paragraphs are you guys planning to write ?

3-4

 

[ilovecutecats]

Guys I have just received intel that this years essay will have an operations option discussing performance objectives (quality, speed dependability, flexibility, cost, customisation). The other option is HR.

 

[e8zks]

you really dont need that many if you expand on each one, talk about how a 5% growth in profit can be re-invested or smthn and draw out implications

I might add tho not to make them to dramatic like u cant say that "due to apples recent implementation of employee benefits program, they have increased employee retention by 35%"


if u use big case studies u cant use massive statistics

 

[e8zks]

Guys I have just received intel that this years essay will have an operations option discussing performance objectives (quality, speed dependability, flexibility, cost, customisation). The other option is HR.

how do u know that?

 

[shankschari]

Please stop spreading misinformation Mr Chari

I'm gonna touch you little brother.

 

[aqwerty13402]

I'm thinking it's going to be a marketing and HR Essay both will be strategies

BEST CASE SCENARIO

 

[aqwerty13402]

for the essay, how many paragraphs are you guys planning to write ?

Personally 3, unless I finish 3 and have heaps of time

 

[idk123233]

Guys I have just received intel that this years essay will have an operations option discussing performance objectives (quality, speed dependability, flexibility, cost, customisation). The other option is HR.

how do u know

 

[idk123233]

guys what year practice paper should i do

 

[rev668]

guys what year practice paper should i do

just run thru all hsc papers, if ur really pressed for time run through and find questions you probably couldnt answer, study the content and keep going

 

[idk123233]

here we go again with the misinformation

fr bro why do they do this

 

[sarahhelenharris]

for your example, you should ensure both exchange rates are in the same format (eg AUD/USD or USD/AUD). If we convert it to USD/AUD (so we are comparing against one AUD) for both, that is $1.00USD/AUD to $0.5USD/AUD, which is a depreciation since instead of paying one AUD for one USD, you need to pay twice as much for the same amount of US dollars (eg $2AUD for one USD)

ok for exchange rates the currency can either appreciate or depreciate
if the currency appreciates it means it is more VALUABLE eg $0.65USD/AUD to $0.70USD/AUD, which means businesses can purchase more US dollars with the SAME amount of Australian dollars, which benefits australian businesses as they can pay less AUD

whereas for depreciation its the opposite - the AUD has become more weaker so to purchase the same amount of US dollars they need to spend MORE australian dollars, so US businesses are benefitted

That single-handedly saved us thank you.

 

[haminifhei]

its gon be finance section 4 and operations in the section 3, im calling it

 

[onetwothreefour]

Guys I have just received intel that this years essay will have an operations option discussing performance objectives (quality, speed dependability, flexibility, cost, customisation). The other option is HR.

source????