ATAR Notes: Forum
HSC Stuff => HSC Humanities Stuff => HSC Subjects + Help => HSC Business Studies => Topic started by: _____ on June 11, 2017, 05:15:06 pm
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I've got a main case study lined up as well as a few side ones. But I think it'll be easier to make up stuff for some of the questions I could be asked.
For example for finance one of the "learn to" dotpoints is:
"Examine contemporary business issues to:
• Compare the risks involved in domestic and global financial transactions"
I may be wrong but I think finding a real example for this point would be quite difficult. Like how often do you hear that QANTAS was scammed because it didn't use a bill of exchange when buying a plane from Boeing? Or that Apple made a $100 million loss because it didn't use a USD/CNY futures contract?
Also, most disputes in domestic transactions (I believe) are between small businesses and go to small claims tribunals.
So, if I made up a business that got scammed or something like that, what should I be wary of? Is it just a case of being relatively believable and answering the question while applying the syllabus?
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I've got a main case study lined up as well as a few side ones. But I think it'll be easier to make up stuff for some of the questions I could be asked.
For example for finance one of the "learn to" dotpoints is:
"Examine contemporary business issues to:
• Compare the risks involved in domestic and global financial transactions"
I may be wrong but I think finding a real example for this point would be quite difficult. Like how often do you hear that QANTAS was scammed because it didn't use a bill of exchange when buying a plane from Boeing? Or that Apple made a $100 million loss because it didn't use a USD/CNY futures contract?
Also, most disputes in domestic transactions (I believe) are between small businesses and go to small claims tribunals.
So, if I made up a business that got scammed or something like that, what should I be wary of? Is it just a case of being relatively believable and answering the question while applying the syllabus?
You can make up a hypothetical business as long as it sounds like a legit business and that you show depth of understanding of the syllabus dotpoints.
For example, you could make up a local business like....PapaTex....in Sydney CBD.
If you can show that you know the syllabus and can apply it to whatever business you have, then you get the marks.
The markers get paid for each paper they mark, so they won't stop to check if your business exists or not.
Just don't make it very obvious like....Crap Computers, or ShitBrix Inc. :)
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Hey there,
So for my mid year exam, making up case studies was very common as long as you can expand your answers.
For example, giving some stats to support your answer like their liquidity ratio is 4:1 which indicates that the business is doing well but on the other hand it is also an indicator to show that the business is not expanding itself (growing) etc.