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HSC Business Studies Question Thread
Elenaa:
--- Quote from: isaacdelatorre on October 27, 2016, 11:13:31 am ---Hi Elena,
If a loan is secured over its assets/property etc, it means that if the business is unable to repay the loan; whatever is used as collateral (property, capital) is now the property of whoever is owed money. This is because it has a monetary value and can be sold to repay part of what is owed.
I.e. with a mortgage, the bank owns the house until you repay the whole debt and interest. If you forfeit on your loans then the bank will usually sell the house and take whatever is left of the debt and give you the rest. Thus, there is an asset as security and is much safer, hence a lower rate of interest than an unsecured loan/note.
Hope this helps :)
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Thanks so much ! :)
fizzy.123:
--- Quote from: zachary99 on October 27, 2016, 10:57:32 am ---option A- by looking at country B, star cars market share was the same, but the amount of sales increase, meaning the total car market increased. Therefore it is not this answer.
option B- in 2010 star cars has 10% markets share and 10 mill cars. therefore there is 100 mill cars overall. in 2011, they have 12 mill cars and 12% market share, therefore there is still 100 mill cars overall. Therefore the total car market stayed the same, it did not increase.
option c - in 2010 Star markets market share for country B was at 10% at 10 mill, therefore there was 100 mill cars overall. In 2011, 10% = 12mill cars. Therefore there is now 120 mill cars in the total market share. This increased, therefore it is incorrect
option D - the market share obviously decreased from 10% to 6%. in 2010 10 mill =10%, therefore there was 100 mill cars in the total market. in 2011, 8 mill = 6% ..........therefore total car market = (100/6) x 8 =133.33 million cars in the total car market. Therefore the total car market increased. Therefore this is the correct answer. This would've tricked a lot of candidates. 8)
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Wow thank you so much!
Deng:
Just wondering would we be required to know the freeze model ? ( kurt lewin )
isaacdelatorre:
--- Quote from: Deng on October 27, 2016, 12:21:27 pm ---Just wondering would we be required to know the freeze model ? ( kurt lewin )
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Hey Deng,
I'm assuming you mean strategies for overcoming resistance to change. The syllabus requires us to know reasons against change, from this you can suggest whatever kind of strategy to minimise resistance. You can definitely use change models, the one I have is "Kotter's 8-step change model," I wouldn't know it too in depth but if you were going to use it in a report, you might want to outline the steps. If in an extended response, use a real life or hypothetical case study that has used this model and the results.
Hope this helps :)
zachary99:
--- Quote from: Deng on October 27, 2016, 12:21:27 pm ---Just wondering would we be required to know the freeze model ? ( kurt lewin )
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not required......probs wont need it, i guess you never know but haha so it doesnt hurt knowing it
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