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VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: nbalakers24 on January 11, 2009, 01:40:24 pm

Title: Business Management Questions
Post by: nbalakers24 on January 11, 2009, 01:40:24 pm
Hi guys,

I need help on some questions in BM, its from the Steve Barrile book.

1. Explain how a public-private partnership is arranged.

2. Market capitalisation is used to determine the position of each company on the list.
a) Explain how market capitalisaton is calculated and contrast this with one other measure of business size.
   assets or something?
b) Why could this measure of size not be used across business types?

Also did you guys do the test yourself questions?

Cheers.
Title: Re: Business Management Questions
Post by: vce01 on January 12, 2009, 01:24:54 am
wow i dont ever remember coming across questions like those for BM (either that or ive just forgotten everything) :S maybe shinny or jsimmo might be able to help you there...

as for the test yourself questions - i only did the multi choice ones, and if i did yr 12 again id go the same way. imo the only questions you should be practising are from your trial exams, if you have enough of them. otherwise continually work on developing your understanding of the theory. ofcourse, a way to do this could mean answering questions from the text book for some people. others may prefer to write down notes. whatever you think would benefit you most.
Title: Re: Business Management Questions
Post by: costargh on January 12, 2009, 01:44:07 am
1. For that sorta question all you have to know is its when the private and public (government) sectors come together, usually on large scale projects and work together. Using Eastlink as an example, the private operators (ConnectEast I think) built the road with most of their own private sector money, they will get to lease the road from the government for a number of years (say like 50 years or something) and they will retain all (or most) of the profits from the tolls.

2.
a) Market capitilisation is just the total volume of shares * the value of each share. It is what the 'market' 'values' the company to be worth. Comparing to business size (Ill assume this means staff?- because it could also mean geographical or soemthing) for example you can see that the size of the business may not always dictate its worth; eg if the company is overstaffed, has huge operating loses etc then the market will not value it as high as say a company with a slightly smaller business base but operating at a healthy profit.

b)huh?

I used to do test yourslef then i got bored of them.
Title: Re: Business Management Questions
Post by: nbalakers24 on January 12, 2009, 01:12:37 pm
wow i dont ever remember coming across questions like those for BM (either that or ive just forgotten everything) :S maybe shinny or jsimmo might be able to help you there...

as for the test yourself questions - i only did the multi choice ones, and if i did yr 12 again id go the same way. imo the only questions you should be practising are from your trial exams, if you have enough of them. otherwise continually work on developing your understanding of the theory. ofcourse, a way to do this could mean answering questions from the text book for some people. others may prefer to write down notes. whatever you think would benefit you most.

oh okay thanks.


1. For that sorta question all you have to know is its when the private and public (government) sectors come together, usually on large scale projects and work together. Using Eastlink as an example, the private operators (ConnectEast I think) built the road with most of their own private sector money, they will get to lease the road from the government for a number of years (say like 50 years or something) and they will retain all (or most) of the profits from the tolls.

2.
a) Market capitilisation is just the total volume of shares * the value of each share. It is what the 'market' 'values' the company to be worth. Comparing to business size (Ill assume this means staff?- because it could also mean geographical or soemthing) for example you can see that the size of the business may not always dictate its worth; eg if the company is overstaffed, has huge operating loses etc then the market will not value it as high as say a company with a slightly smaller business base but operating at a healthy profit.

b)huh?

I used to do test yourslef then i got bored of them.

thanks heaps and for 2b, its on page 10 referring to the top 50 ASX companies.
Title: Re: Business Management Questions
Post by: costargh on January 12, 2009, 01:32:19 pm
I don't have my book.

The question sounds a bit ambigous. I dont get what "this" measure is.
I wouldnt worry about that question
Title: Re: Business Management Questions
Post by: shinny on January 12, 2009, 01:45:30 pm
For question b, it's referring to market cap, so if it's referring to the top 50 ASX companies, it simply can't be used to compare companies across the top 50 because they're simply in different markets. Because market cap is given as a percentage owned by a company within the specific market which with they deal within, we can't compare say Microsoft who dominates the computer market, against something like Commonwealth Bank who exists in a highly competitive sector such as banking.
Title: Re: Business Management Questions
Post by: nbalakers24 on January 12, 2009, 02:51:44 pm
thanks guys.
Title: Re: Business Management Questions
Post by: nbalakers24 on February 14, 2009, 12:16:01 am
3. Outline 3 ways in which the events of 11 Sept. 2001 have affected the macro environment of large business organisation.

legal-political, economy and social attidudes?

can some1 help me,

thanks!
Title: Re: Business Management Questions
Post by: nbalakers24 on February 16, 2009, 06:00:29 pm
4. Complete the following paragraph using the introduction below:
'There is often a direct realtionship between the internal environmant and external (Operating and macro) environment of large organistion..'

help appreciated, cheeeeeeers
Title: Re: Business Management Questions
Post by: mtwtfss on February 19, 2009, 06:59:17 am
3. Outline 3 ways in which the events of 11 Sept. 2001 have affected the macro environment of large business organisation.

legal-political, economy and social attidudes?

can some1 help me,

thanks!
US stock market crashed, and all the consequences of this.
Social attitudes turned hugely against traveling by airplanes.
Anddd I'm pretty sure the US adjusted a lot of their international trade regulations.
Title: Re: Business Management Questions
Post by: nbalakers24 on February 21, 2009, 09:49:54 pm
thanks, another q.

What are some possible conflicts between stakeholders other than employees wanting pay rises and customers wanting cheaper stuff? and related ethical and socially responsible condsiderations?

cheers

Title: Re: Business Management Questions
Post by: nbalakers24 on February 22, 2009, 12:44:09 pm
Whats the difference between multinational and transnational?

Is R&D a function like operations, personell etc?
Title: Re: Business Management Questions
Post by: jackinthepatch on February 22, 2009, 03:12:19 pm
Multinational and transnational are the same thing, correct me if I'm wrong.
And I'd say R&D would be like a subheading of the operations function.
Title: Re: Business Management Questions
Post by: shinny on February 22, 2009, 09:10:16 pm
I remember seeing somewhere that there was a very slight difference which usually no one cares about anyway. For the purposes of VCE, just use the same definition and you shouldn't be marked wrong.
Title: Re: Business Management Questions
Post by: nbalakers24 on February 25, 2009, 08:55:02 pm
ok, thanks guys
Title: Re: Business Management Questions
Post by: nbalakers24 on March 07, 2009, 11:47:25 pm
5. Briefly contrast the characteristics of an organisational structure designed to support a strategy of innovation with those of a structure focused on cost minimisation.

help appreciated
Title: Re: Business Management Questions
Post by: nbalakers24 on March 11, 2009, 07:35:00 pm
Discuss the difficulties large organisations might experience with complex and large ‘bureaucracies’.

help appreciated :)