IGCSE/GCSE/O & A Level/IB/University Student Forum

Qualification => Subject Doubts => IGCSE/ GCSE => Commerce => Topic started by: astarmathsandchemistry on June 01, 2009, 11:50:11 am

Title: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 11:50:11 am
hey guys
anything you wish to talk about the paper is welcomed here
Doubts/questions/help/predictions :)
THANKS!
Title: Re: Business Paper (2)
Post by: contagious on June 01, 2009, 11:51:30 am
give us some question comin man
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 11:52:52 am
what do you exactly mean?
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 12:20:23 pm
logically we can predict what is coming by seeing what didn't come in paper1
because they have to cover the whole syllabus within these two papers
so basically try to remember what didnt come and study it properly
but do NOT JUST LEAVE THE OTHER TOPICS :)


i can help with some:

-Recruitment

-location decisions of a business

-Anything economical

-Motivation, typical paper 2 question


-NO MARKETING QUESTION AS HALF OF PAPER 1 WAS MARKETING...........but maybe one minor question :)



Hope it helps, thanks
more is welcomed :D
Title: Re: Business Paper (2)
Post by: 247sports on June 01, 2009, 01:34:30 pm
and also multinatinational ,,,,break evn charts
r there any chances for finance ??? because ther were many ques on it in ppr 1
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 01, 2009, 02:00:03 pm
we might have to make a cash flow forcast aswell...
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 02:11:20 pm
yeah true all of u, finance is likely to come even so, its gna come in more details i think, :), mmmmm yeah roxy, i hope not :S
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 01, 2009, 02:15:21 pm
actually if you think of it and understand the finance chapters then its pretty easy.
and then it woud obviously be for quite a few marks... so yeah, study tht well... and get those 4 or 5 marks init
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 02:17:39 pm
they are not 4or 5 roxy
DIDNT U READ THE CHANGES IN BUSINESS P2??
5questions each having 2 subqstns, one is 8marks and the other is 12marks
also case study is on a separate piece of paper :)

Guys, How do u think i should study now for the exam??
i memorised the syllabus very good and understand everything
I did the last 5years of past papers, whats left??
pLEASE HELP, THANKS!
Title: Re: Business Paper (2)
Post by: Bavinmaestro on June 01, 2009, 02:27:08 pm
are they really changing the format of paper 2 ?? cause i havent heard a single word about it !!  :-\
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 01, 2009, 02:29:09 pm
huh...? when did tht change happen ???

okay Im lost and rekemo u seem like uve studed eunf.. I havnt don't anything yet compared to you !!!
Start on ur next subjects nd revise over business the day be4
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 02:33:23 pm
huh...? when did tht change happen ???

okay Im lost and rekemo u seem like uve studed eunf.. I havnt don't anything yet compared to you !!!
Start on ur next subjects nd revise over business the day be4
haha it happened this year only and its gonna continue like this
there is a seperate thread about it check it out.......
haha yeahhh i studied too much and enough :D:D i am soo happy :D and i am totally ready!! :D
good luck in ur exam and studying...........yeah i think i am gna do abit of business today then physics :)
THANKS!
Title: Re: Business Paper (2)
Post by: Bavinmaestro on June 01, 2009, 02:35:32 pm
can i plz have the link of the thread ??
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 02:45:02 pm
can i plz have the link of the thread ??
yeah sure here it is..........https://studentforums.biz/index.php/topic,2111.0.html
and this is the CIE source.....http://www.cie.org.uk/docs/qualifications/Circular_y09.pdf, go to pg 11
Title: Re: Business Paper (2)
Post by: Bavinmaestro on June 01, 2009, 03:02:25 pm
thx alot .... as much as im scared about paper 2 im also scared about paper 1 because i think i did link to the case study enuf ... wat do u think ??
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 03:04:39 pm
thx alot .... as much as im scared about paper 2 im also scared about paper 1 because i think i did link to the case study enuf ... wat do u think ??
sure bro
i Think its going to OK not easy or hard
as for paper 1 linking to the case study is not that important, its VITAL however in paper 2
so chill and prepare good
GOOD LUCK ALL!! :D
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 01, 2009, 04:24:20 pm
no one needs help?? :P
Title: Re: Business Paper (2)
Post by: Aodian on June 01, 2009, 09:05:20 pm
only help i need is how should i phrase my answers..

should i start by defining the thing they're asking for.. like if they ask for flow production or sumsin..
should i mention what it is and etc everywhere?

and after that should i focus on explaining the thing they're asking for more in detail or should i go on to advantages and disadvantages....

pretty much the only problem i have for business is answering.. n i cant be bothered to asnwer the past papers because they're too long -.-''' ??? ugh.. anywho.. any tips on answering apart from practicing papers is much welcomed.. thanx in advance! :)
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 06:08:27 am
only help i need is how should i phrase my answers..

should i start by defining the thing they're asking for.. like if they ask for flow production or sumsin..
should i mention what it is and etc everywhere?

and after that should i focus on explaining the thing they're asking for more in detail or should i go on to advantages and disadvantages....

pretty much the only problem i have for business is answering.. n i cant be bothered to asnwer the past papers because they're too long -.-''' ??? ugh.. anywho.. any tips on answering apart from practicing papers is much welcomed.. thanx in advance! :)
yes definetly any business termonolgies you find in the question which are not defined in the case study or you have not defined in previous questions, then yes you should define it(them),
Also, after defining read the question again, check what they exactly want, if it says adv's and disadv's then you know what they want, if they say discuss, same thing, if they say explain why Jhon, for example, should or should not sell his company, then thats the same too. however, when it says HOW WILL.....OR SUGGEST......OR WHY DOES HE NEED TO............. then here u should explain in detail and give reasons for any of ur choices
ANOTHER IMPORTANT TIP, ALWAYS ALWAYS ALWAYS GIVE YOUR CONCLUSION IN THE END, for example if it says, DO you think or DIscuss or SHOULD HE/HER....then write then here the steps for this answer:

-Define any termanologies
-Discuss the advantages and disadvantages (2 or 3 for each is enough)
-any reason for ur choice should be given
-Give a conclusion based on what u wrote


Another Tip: A MINUTE A MARK. OR ELSE UR IN TROUBLE, TRUST ME, AND DO NOT SPEND MORE THAN 7MINUTES READING THE CASE CAREFULLLYYY!!!

THAT BASICALLY IT, I HOPE I HELPED

GOOOOD LUCK ALL :D

Title: Re: Business Paper (2)
Post by: cie boy on June 02, 2009, 06:40:34 am
i thnk mangement will surely come
Title: Re: Business Paper (2)
Post by: dynasty on June 02, 2009, 06:42:07 am
please help?
i dno wat to do i still didnt start revising from the boook for fuks sake its 400 pages  :-\ ... shlould i reallly concentrate on some stuff..
Example (From what i read above):
-Recruitment
-location decisions of a business
-Anything economical
-Motivation
-Multinational
-Break even charts
-Cash Flow Forecast

And please any essential notes u could share?;p
Thanks
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 06:53:58 am
yeah managment could really come


@dyansty: yeah focus on these topics
but this doesnt mean that u dont study the other
SURE anynotes i will find i will post it :)
GOOD LUCK
Title: Re: Business Paper (2)
Post by: Aodian on June 02, 2009, 07:12:34 am
only help i need is how should i phrase my answers..

should i start by defining the thing they're asking for.. like if they ask for flow production or sumsin..
should i mention what it is and etc everywhere?

and after that should i focus on explaining the thing they're asking for more in detail or should i go on to advantages and disadvantages....

pretty much the only problem i have for business is answering.. n i cant be bothered to asnwer the past papers because they're too long -.-''' ??? ugh.. anywho.. any tips on answering apart from practicing papers is much welcomed.. thanx in advance! :)
yes definetly any business termonolgies you find in the question which are not defined in the case study or you have not defined in previous questions, then yes you should define it(them),
Also, after defining read the question again, check what they exactly want, if it says adv's and disadv's then you know what they want, if they say discuss, same thing, if they say explain why Jhon, for example, should or should not sell his company, then thats the same too. however, when it says HOW WILL.....OR SUGGEST......OR WHY DOES HE NEED TO............. then here u should explain in detail and give reasons for any of ur choices
ANOTHER IMPORTANT TIP, ALWAYS ALWAYS ALWAYS GIVE YOUR CONCLUSION IN THE END, for example if it says, DO you think or DIscuss or SHOULD HE/HER....then write then here the steps for this answer:

-Define any termanologies
-Discuss the advantages and disadvantages (2 or 3 for each is enough)
-any reason for ur choice should be given
-Give a conclusion based on what u wrote


Another Tip: A MINUTE A MARK. OR ELSE UR IN TROUBLE, TRUST ME, AND DO NOT SPEND MORE THAN 7MINUTES READING THE CASE CAREFULLLYYY!!!

THAT BASICALLY IT, I HOPE I HELPED

GOOOOD LUCK ALL :D



Thanks a lot that helped!! good luck to u too!!
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:14:26 am
you are welcome
thanks
By the way i sent you the password for the chat :)
Title: Re: Business Paper (2)
Post by: dynasty on June 02, 2009, 07:24:40 am
thanks alot guys... could u please post all the formula's we should learn? andd is deifinitions REALY important?
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:27:49 am
yeah ok i will soon
yeah ofcourse it is
You will loose like 2marks only for leaving out the definition :)
Title: Re: Business Paper (2)
Post by: saiki on June 02, 2009, 08:03:46 am
can get password?
Title: Re: Business Paper (2)
Post by: gonnagetana on June 02, 2009, 08:07:26 am
logically we can predict what is coming by seeing what didn't come in paper1
because they have to cover the whole syllabus within these two papers
so basically try to remember what didnt come and study it properly
but do NOT JUST LEAVE THE OTHER TOPICS :)


i can help with some:

-Recruitment

-location decisions of a business

-Anything economical

-Motivation, typical paper 2 question


-NO MARKETING QUESTION AS HALF OF PAPER 1 WAS MARKETING...........but maybe one minor question :)



Hope it helps, thanks
more is welcomed :D

smart, thanx alot
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 08:09:36 am
hehe you are welcome :)
Title: Re: Business Paper (2)
Post by: gonnagetana on June 02, 2009, 08:26:15 am
theres somehting i dont really get. i know that a closed shop is when workers have to join a particular trade union but why would employers want that? wouldnt it mean that they have to meet their demands and wouldn't that be costly?
Title: Re: Business Paper (2)
Post by: saiki on June 02, 2009, 08:44:35 am
closed shop means that ALL workers need to be a part of ONE trade union, doesnt matter which, since the business onli wants to bargain with one.
Title: Re: Business Paper (2)
Post by: Aodian on June 02, 2009, 09:12:02 am
can anyone explain to me what a debenture is... its a loan issued by a company rite?? but how exactly do they get money from that??
Title: Re: Business Paper (2)
Post by: ~Mimi~ on June 02, 2009, 10:26:46 am
Salaam! Okk... A debenture is a long-term loan certificate issued by limited companies that can raise large sums of money for upto 25 years. It must be repaid along with interest. It's like an I-owe-you certificate. The business who needs the money gives this certificate which has the date of repayment on it to the other business,organisation,etc. In return, the lending organisation gives you money!! Its like my guarantee to them that I'll give the money back at sum point in the future. ( By the way, dont explain it this way in the exam. Use "sophisticated" business terms.... )
Title: Re: Business Paper (2)
Post by: Metallicnak on June 02, 2009, 10:51:59 am
Does anybody believe that The Marketing Plan might is coming ???
Title: Re: Business Paper (2)
Post by: Aodian on June 02, 2009, 10:58:20 am
Salaam! Okk... A debenture is a long-term loan certificate issued by limited companies that can raise large sums of money for upto 25 years. It must be repaid along with interest. It's like an I-owe-you certificate. The business who needs the money gives this certificate which has the date of repayment on it to the other business,organisation,etc. In return, the lending organisation gives you money!! Its like my guarantee to them that I'll give the money back at sum point in the future. ( By the way, dont explain it this way in the exam. Use "sophisticated" business terms.... )
ooo okay.. thanx i get it now!
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 11:17:45 am
Can anyone draw breakeven chart for me
for May june 02
Pleaseeeeeeeeeeeee!!!!!!!!!!!!!!
Title: Re: Business Paper (2)
Post by: hasam23 on June 02, 2009, 12:12:47 pm
my teachers stresses that if the question is asking you to form a conclusion about something (e.g. should company XYZ open up a new factory in Country G) never start with a 'yes' or a 'no'. first argue it out and then form a conclusion based on the arguments.
plus, if you start your answer with a 'yes, they should open up the new factory in Country G', you can sorta be led into answering the question according to the advantages of that decision and you might end up not talking about the disadvantages at all.
*
hope im making sense xp :p
Title: Re: Business Paper (2)
Post by: 7ooD on June 02, 2009, 12:32:21 pm
hey guys is personal selling and public relation a form of promotion or a method of the term promotion in the marketing mix and i need i typical answer for the definition of selling debenture also for the stuff that the article association & memorandom of association contains should be memorized??
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 12:41:15 pm
can someone explain mee
pleaaaaase
Title: Re: Business Paper (2)
Post by: sleepless_student on June 02, 2009, 12:44:35 pm
can anyone please explain labour intesive and capital intensive methods with both of their advantages and disadvantages? And can anyone tell me what to do last minute revision on? its like 5:14 Pm where i live and the paper is tomo morning!!! please help!
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 12:58:46 pm
can anyone please explain labour intesive and capital intensive methods with both of their advantages and disadvantages? And can anyone tell me what to do last minute revision on? its like 5:14 Pm where i live and the paper is tomo morning!!! please help!
i dont think they would bring this topic in paper 2 bcuz they have already brought it in paper 1
labour intensieve is where a compay emplyes many worker for thier production which gives low output n uses little Capital equipments
Capital intensive they use lates technolgy and great deal of capital to produce thier equipments
the busness has high output using few workers
Title: Re: Business Paper (2)
Post by: dynasty on June 02, 2009, 01:02:49 pm
can any1 please tell me what 'Anything economical' means? couldnt find it in the book? AND PLEASE do we need to kno methods of motivation.. the Maslow hierachy thing.. what came in the other exam THAT SURELY wont come again?
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 01:06:11 pm
can any1 please tell me what 'Anything economical' means? couldnt find it in the book? AND PLEASE do we need to kno methods of motivation.. the Maslow hierachy thing.. what came in the other exam THAT SURELY wont come again?
yaa u need to know the methord of motivation bcuse they always bring it on paper 2
n yea what was asked in paper1 wont likly be coming agaub
concentrate on
motivation
channel of distribution
economies of scale
profit n losss
organisational structure
job discription
for ps
how to hoose best sight of setting up a business etc
Title: Re: Business Paper (2)
Post by: dynasty on June 02, 2009, 01:08:17 pm
ps?
and whats anything economical :s ?
thanks
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 01:10:20 pm
ps?
and whats anything economical :s ?
thanks
do u have any statement for it?
Title: Re: Business Paper (2)
Post by: sleepless_student on June 02, 2009, 01:12:01 pm
can anyone please explain labour intesive and capital intensive methods with both of their advantages and disadvantages? And can anyone tell me what to do last minute revision on? its like 5:14 Pm where i live and the paper is tomo morning!!! please help!
i dont think they would bring this topic in paper 2 bcuz they have already brought it in paper 1
labour intensieve is where a compay emplyes many worker for thier production which gives low output n uses little Capital equipments
Capital intensive they use lates technolgy and great deal of capital to produce thier equipments
the busness has high output using few workers
Thanks for teh help :)
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 01:13:05 pm
can anyone please explain labour intesive and capital intensive methods with both of their advantages and disadvantages? And can anyone tell me what to do last minute revision on? its like 5:14 Pm where i live and the paper is tomo morning!!! please help!
i dont think they would bring this topic in paper 2 bcuz they have already brought it in paper 1
labour intensieve is where a compay emplyes many worker for thier production which gives low output n uses little Capital equipments
Capital intensive they use lates technolgy and great deal of capital to produce thier equipments
the busness has high output using few workers
Thanks for teh help :)
no problem
but dont forget + rep ;)
Title: Re: Business Paper (2)
Post by: dynasty on June 02, 2009, 01:14:54 pm
logically we can predict what is coming by seeing what didn't come in paper1
because they have to cover the whole syllabus within these two papers
so basically try to remember what didnt come and study it properly
but do NOT JUST LEAVE THE OTHER TOPICS :)


i can help with some:

-Recruitment

-location decisions of a business

-Anything economical

-Motivation, typical paper 2 question


-NO MARKETING QUESTION AS HALF OF PAPER 1 WAS MARKETING...........but maybe one minor question :)



Hope it helps, thanks
more is welcomed :D

??
Title: Re: Business Paper (2)
Post by: 7ooD on June 02, 2009, 01:16:07 pm
is personal selling and public relation a form of promotion or a method of the term promotion in the marketing mix and i need i typical answer for the definition of selling debenture also for the stuff that the article association & memorandom of association contains should be memorized??
Title: Re: Business Paper (2)
Post by: dynasty on June 02, 2009, 01:16:59 pm
can any1 please tell me what 'Anything economical' means? couldnt find it in the book? AND PLEASE do we need to kno methods of motivation.. the Maslow hierachy thing.. what came in the other exam THAT SURELY wont come again?
yaa u need to know the methord of motivation bcuse they always bring it on paper 2
n yea what was asked in paper1 wont likly be coming agaub
concentrate on
motivation
channel of distribution
economies of scale
profit n losss
organisational structure
job discription
for ps
how to hoose best sight of setting up a business etc
?? ps
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 01:17:40 pm
my teachers stresses that if the question is asking you to form a conclusion about something (e.g. should company XYZ open up a new factory in Country G) never start with a 'yes' or a 'no'. first argue it out and then form a conclusion based on the arguments.
plus, if you start your answer with a 'yes, they should open up the new factory in Country G', you can sorta be led into answering the question according to the advantages of that decision and you might end up not talking about the disadvantages at all.
*
hope im making sense xp :p

yeah his ryt. u have to first discuss the positive n negative effects of opening the factory n then give ur opinion as a conclusion whether they shud open it or not. if u just talk bout one side u wont get the full mark
Title: Re: Business Paper (2)
Post by: sleepless_student on June 02, 2009, 01:17:50 pm
does anyone have any idea about what to study for last minute revision? i really need help...i hate this subject
ive gone through everything..but it feels like i wont know anythign when the exam commneces...can anyone please help?
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 01:19:15 pm
ps?
and whats anything economical :s ?
thanks

he means that anything related to the economics of the business, like monetary and fiscal policy
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 01:20:18 pm
does anyone have any idea about what to study for last minute revision? i really need help...i hate this subject
ive gone through everything..but it feels like i wont know anythign when the exam commneces...can anyone please help?
I guess u're panicking
n if so then even if u now busness u'll forget just relax n do couple of pass papers
or if not then there is some good short revisoon guides
go to bitesize
its really good
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 01:22:03 pm
does anyone have any idea about what to study for last minute revision? i really need help...i hate this subject
ive gone through everything..but it feels like i wont know anythign when the exam commneces...can anyone please help?

study the stuff which didnt come in paper 1 really well. they have to cover the whole syllabus so there will b surely questions about those like breakeven, balance sheet etc
Title: Re: Business Paper (2)
Post by: 7ooD on June 02, 2009, 01:23:00 pm
dude lol anything economical means stuff like globalisation curency changes and its effects on businesses u will find it at the last chapter
Title: Re: Business Paper (2)
Post by: 7ooD on June 02, 2009, 01:24:43 pm
can someone answer my Q plz
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 01:25:25 pm
can someone answer my Q plz
can u repeat ur quetion:)
Title: Re: Business Paper (2)
Post by: intruder on June 02, 2009, 01:31:01 pm
I need workings of P2 O/N 2008 Q5(b) anyone?
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 01:33:00 pm
I need workings of P2 O/N 2008 Q5(b) anyone?

whih varient paper?
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 01:37:24 pm
is personal selling and public relation a form of promotion or a method of the term promotion in the marketing mix and i need i typical answer for the definition of selling debenture also for the stuff that the article association & memorandom of association contains should be memorized??
Personal selling is oral communication with potential buyers of a product with the intention of making a sale. The person whos selling the product can develop a quick relationship with the potential buyer and persuade him into buying the product by describing the usefulness of that certain product. so this can be considered as a method of promotion.
public relation is managing the flow of information between a business and its consumers. i dnt thnk it has anythng to do with promotion. cud u elaborate on it pls xactly wht do u mean??
Title: Re: Business Paper (2)
Post by: intruder on June 02, 2009, 01:38:01 pm
there r no variants in p2 only in p1
Title: Re: Business Paper (2)
Post by: Zaid on June 02, 2009, 01:51:27 pm
I think that paper 2 will be alright.......It is nt difficult bt it requires alot of revision...

the probable topics are:

-Recruitment
-Motivation (as usual)
-Factors affecting products
-Factors affecting Locations
-Organisation strucures
-Multinational companies
-Business extension strategies...

Hopefully it will go well.....
Title: Re: Business Paper (2)
Post by: 7ooD on June 02, 2009, 02:00:12 pm
because pesonal selling and customer service came under the chp promotion thats why and i need an typical answer for definition of selling debenture
Title: Re: Business Paper (2)
Post by: monnie on June 02, 2009, 02:17:48 pm
I think that paper 2 will be alright.......It is nt difficult bt it requires alot of revision...

the probable topics are:

-Recruitment
-Motivation (as usual)
-Factors affecting products
-Factors affecting Locations
-Organisation strucures
-Multinational companies
-Business extension strategies.

Hopefully it will go well.....
What do u mean by business extension strategies? can you give me some examples please
Thanks XD
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 02:28:07 pm
I think that paper 2 will be alright.......It is nt difficult bt it requires alot of revision...

the probable topics are:

-Recruitment
-Motivation (as usual)
-Factors affecting products
-Factors affecting Locations
-Organisation strucures
-Multinational companies
-Business extension strategies.

Hopefully it will go well.....
What do u mean by business extension strategies? can you give me some examples please
Thanks XD

for example entering a new market, introducing a new product, merging with another business
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 02:29:09 pm
rekomeko cudnt answer any of u because he was banned
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 02:35:03 pm
Can anyone draw breakeven chart for me
for May june 02
Pleaseeeeeeeeeeeee!!!!!!!!!!!!!!
hey i tried the ques n the FC nd Take care line seems 2 b very close. but i thnk thts not supposed 2 happen. may b we hv 2 multiply the wages by the number of employees (500*8). what do u think?
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 02, 2009, 02:36:25 pm
Guyz can any of you xplain Q2aii to me....M/J 08

um... First Variant ...

Thanks
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 02:41:13 pm
Guyz can any of you xplain Q2aii to me....M/J 08

um... First Variant ...

Thanks

theres Q2(a) only no ii nd ppr 2 has no varients
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 02, 2009, 02:43:02 pm
there is... ive got tht paper with me ,,,,

the q. is

how cud her business make high profits if profit margins are low?
Title: Re: Business Paper (2)
Post by: minikaoru on June 02, 2009, 02:44:56 pm
I need help on what does;

Net profit margin
Gross profit margin
ROCE
Working capital ratio
Liquid capital ratio

Shows. Like if the % is higher then its good for what and stuff like that :/

PLEASE HELP.
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 02:45:32 pm
thts paper 1 not paper 2 lol
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 02, 2009, 02:47:26 pm
ooooh shhiiiiittt..!!!

all tht tym I was doing P1 !!!!

haha .. I ddnteven realized... damn !! :P

okay i better start on P2

Thanks mate ....:D
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 02:56:28 pm
I need help on what does;

Net profit margin
Gross profit margin
ROCE
Working capital ratio
Liquid capital ratio

Shows. Like if the % is higher then its good for what and stuff like that :/

PLEASE HELP.
Title: Re: Business Paper (2)
Post by: minikaoru on June 02, 2009, 02:58:44 pm
Panther;
Thank you so much for that! Really really helped.
+REP.
Title: Re: Business Paper (2)
Post by: Bavinmaestro on June 02, 2009, 03:03:32 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??
Title: Re: Business Paper (2)
Post by: Bavinmaestro on June 02, 2009, 03:05:26 pm
this is cause i learnt ROCE/RONA as operating profit divde by net assets or capital employeed so im not sure wat operating profite and net profit really means.
Title: Re: Business Paper (2)
Post by: saiki on June 02, 2009, 03:08:16 pm
in business IGCSE, consider operating profit = net profit (which is grossprofit (which is all trading revenue from sales etc. less the direct cost such as purchases) less all overheads)
Title: Re: Business Paper (2)
Post by: panther on June 02, 2009, 03:08:57 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??

net profit is the profit which remains after paying the overheads, taxes, dividends etc.

net profit = gross profit - operating expenses
Title: Re: Business Paper (2)
Post by: Bavinmaestro on June 02, 2009, 03:12:34 pm
ok .. thx
Title: Re: Business Paper (2)
Post by: Bavinmaestro on June 02, 2009, 03:22:20 pm
also .... does absolute profit = profit margins * volume because the mark scheme says it and if its true can u explain y ??
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 03:45:16 pm
also .... does absolute profit = profit margins * volume because the mark scheme says it and if its true can u explain y ??
Net profit is subtracting all expences for gross profit
n net proft is to determine HOW SUCCESFUl the company is working
net profit/sales turnover *100
Title: Re: Business Paper (2)
Post by: dynasty on June 02, 2009, 04:11:11 pm
rekomeko cudnt answer any of u because he was banned

WHY ???
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 04:30:41 pm
hey guys sorry i wasnt replying
u know the whole huge story
Anyways, now u can ask whatever u want i am here :D
Title: Re: Business Paper (2)
Post by: Freaked12 on June 02, 2009, 04:33:05 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??

net profit is the profit which remains after paying the overheads, taxes, dividends etc.

net profit = gross profit - operating expenses

operating expenses=fixed costs
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 04:35:05 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??

net profit is the profit which remains after paying the overheads, taxes, dividends etc.

net profit = gross profit - operating expenses

operating expenses=fixed costs

yup exactly :)
Title: Re: Business Paper (2)
Post by: nourz on June 02, 2009, 04:35:31 pm
what are the grade boundaries for an A?
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 04:44:07 pm
what are the grade boundaries for an A?
its sooo low
i mean for NOV08 63 or 66 out of 100 was an A
IMAGINE!! :O :P
haha so i think it will go good :D
Title: Re: Business Paper (2)
Post by: beanii on June 02, 2009, 04:49:27 pm
heyy...just wanna know...do we need to know the different consumer protection laws? ???
Title: Re: Business Paper (2)
Post by: Freaked12 on June 02, 2009, 04:50:05 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??

net profit is the profit which remains after paying the overheads, taxes, dividends etc.

net profit = gross profit - operating expenses

operating expenses=fixed costs

yup exactly :)

Sir!there is a question in 2008 June abt the best possible methods to recruit.After i list all methods Job analysis,job description,jop specification,advertise,send out the application forms,interviews,selection
wat do i do than?
Title: Re: Business Paper (2)
Post by: nourz on June 02, 2009, 04:57:52 pm
wow thats really low!! i was rly worried but not anymore thanks  :)
Title: Re: Business Paper (2)
Post by: Aodian on June 02, 2009, 04:58:48 pm
hmm can someone help me with oct/nov 06 4a.. How do we round the question up.. erm.. i mean like how should it be concluded?
Title: Re: Business Paper (2)
Post by: 7ooD on June 02, 2009, 05:04:10 pm
@rekomeko

grade boundries are by countries not world wide they just pick the highest grades at ur country and place the boundry so dnt depend on wat is written by the cie it is just the boundries of the uk or europe i dnt kno but it is surely not in the middle east
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:16:00 pm
oh really never knew

:D
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:16:33 pm
heyy...just wanna know...do we need to know the different consumer protection laws? ???
yeah i guess so :)
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:21:03 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??

net profit is the profit which remains after paying the overheads, taxes, dividends etc.

net profit = gross profit - operating expenses

operating expenses=fixed costs

yup exactly :)

Sir!there is a question in 2008 June abt the best possible methods to recruit.After i list all methods Job analysis,job description,jop specification,advertise,send out the application forms,interviews,selection
wat do i do than?
you need to explain, and these are not methods these are the steps!!
methods are

-External recruitment (Taking employees from outside the business_
-Internal Recruitment (taking employees from inside the business, for example: Job Enrichment, giving a previous employee the new job)
-Using a recruitment agency (this is a separate business that is for helping other business getting the best employees, they receive percentages of the wages)

you say the adv's and disadv's of each.
Then give ur conclusion based on what u said

THATS HOW U ANSWER IT :D
HOPE IT HELPS
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:24:20 pm
hmm can someone help me with oct/nov 06 4a.. How do we round the question up.. erm.. i mean like how should it be concluded?
After you do the CBA, with social costs and benefits, you could explain them, and say that the gov plays an important role in the process of desicion making concerning the shopping centre.
Then you should make a reasoned conclusion, REMEMBER CONCLUSIONS COULD ALWAYS BE OPPOSING OR SUPPORTING IF YOU GIVE CORRECT REASONS FOR UR CHOICE!! :D

GOOD LUCK ALL :)
HOPE IT HELPS
Title: Re: Business Paper (2)
Post by: Freaked12 on June 02, 2009, 05:35:10 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??

net profit is the profit which remains after paying the overheads, taxes, dividends etc.

net profit = gross profit - operating expenses

operating expenses=fixed costs

yup exactly :)

Sir!there is a question in 2008 June abt the best possible methods to recruit.After i list all methods Job analysis,job description,jop specification,advertise,send out the application forms,interviews,selection
wat do i do than?
you need to explain, and these are not methods these are the steps!!
methods are

-External recruitment (Taking employees from outside the business_
-Internal Recruitment (taking employees from inside the business, for example: Job Enrichment, giving a previous employee the new job)
-Using a recruitment agency (this is a separate business that is for helping other business getting the best employees, they receive percentages of the wages)

you say the adv's and disadv's of each.
Then give ur conclusion based on what u said

THATS HOW U ANSWER IT :D
HOPE IT HELPS

why dont u see the mark scheme for this paper...:P
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:37:11 pm
Fine
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:39:47 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??

net profit is the profit which remains after paying the overheads, taxes, dividends etc.

net profit = gross profit - operating expenses

operating expenses=fixed costs

yup exactly :)

Sir!there is a question in 2008 June abt the best possible methods to recruit.After i list all methods Job analysis,job description,jop specification,advertise,send out the application forms,interviews,selection
wat do i do than?
you need to explain, and these are not methods these are the steps!!
methods are

-External recruitment (Taking employees from outside the business_
-Internal Recruitment (taking employees from inside the business, for example: Job Enrichment, giving a previous employee the new job)
-Using a recruitment agency (this is a separate business that is for helping other business getting the best employees, they receive percentages of the wages)

you say the adv's and disadv's of each.
Then give ur conclusion based on what u said

THATS HOW U ANSWER IT :D
HOPE IT HELPS

why dont u see the mark scheme for this paper...:P
hahah hmmmm

I guess i misunderstood the question

so u just name the steps for a smooth recruitment and briefly describe each :)

SORRY! :P
Title: Re: Business Paper (2)
Post by: Aodian on June 02, 2009, 05:40:01 pm
hmm can someone help me with oct/nov 06 4a.. How do we round the question up.. erm.. i mean like how should it be concluded?
After you do the CBA, with social costs and benefits, you could explain them, and say that the gov plays an important role in the process of desicion making concerning the shopping centre.
Then you should make a reasoned conclusion, REMEMBER CONCLUSIONS COULD ALWAYS BE OPPOSING OR SUPPORTING IF YOU GIVE CORRECT REASONS FOR UR CHOICE!! :D

GOOD LUCK ALL :)
HOPE IT HELPS

thanx that helped.. +rep
Title: Re: Business Paper (2)
Post by: Freaked12 on June 02, 2009, 05:42:05 pm
wat is the net profit considered as ... in simpler terms wat is net profit, is there an equation for it ??

net profit is the profit which remains after paying the overheads, taxes, dividends etc.

net profit = gross profit - operating expenses

operating expenses=fixed costs

yup exactly :)

Sir!there is a question in 2008 June abt the best possible methods to recruit.After i list all methods Job analysis,job description,jop specification,advertise,send out the application forms,interviews,selection
wat do i do than?
you need to explain, and these are not methods these are the steps!!
methods are

-External recruitment (Taking employees from outside the business_
-Internal Recruitment (taking employees from inside the business, for example: Job Enrichment, giving a previous employee the new job)
-Using a recruitment agency (this is a separate business that is for helping other business getting the best employees, they receive percentages of the wages)

you say the adv's and disadv's of each.
Then give ur conclusion based on what u said

THATS HOW U ANSWER IT :D
HOPE IT HELPS

why dont u see the mark scheme for this paper...:P
hahah hmmmm

I guess i misunderstood the question

so u just name the steps for a smooth recruitment and briefly describe each :)

SORRY! :P
AHHH...
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:42:29 pm
hmm can someone help me with oct/nov 06 4a.. How do we round the question up.. erm.. i mean like how should it be concluded?
After you do the CBA, with social costs and benefits, you could explain them, and say that the gov plays an important role in the process of desicion making concerning the shopping centre.
Then you should make a reasoned conclusion, REMEMBER CONCLUSIONS COULD ALWAYS BE OPPOSING OR SUPPORTING IF YOU GIVE CORRECT REASONS FOR UR CHOICE!! :D

GOOD LUCK ALL :)
HOPE IT HELPS

thanx that helped.. +rep
sure, glad to hear that, thanks :D
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:43:00 pm
wow thats really low!! i was rly worried but not anymore thanks  :)
hahah yeahH!!
no problem good luck :)
Title: Re: Business Paper (2)
Post by: 247sports on June 02, 2009, 05:44:54 pm
hmm can someone breifly explain wt is social (external)  costs n social (external) benefits.....i mean wts the diff
and also cost-benifit analysis...plzz if someone answers it will b a big help
Thanks
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:55:46 pm
hmm can someone breifly explain wt is social (external)  costs n social (external) benefits.....i mean wts the diff
and also cost-benifit analysis...plzz if someone answers it will b a big help
Thanks
the word social means something related to the economy
Social costs is a negative effect that will happen to the social enviroment as an effect from a business deision, social benefits however are the opposite obviously, it is the positive effect on the social envuroment as an affect from a business decision, cost-benefit anlysis is just like a table where the Social costs and benefits and the private costs and benefits (these are the positive and negative effects on the business it self from a business decision) so that we can evaluate if the desicion should be take or not :)

For example: A company will open a new factory in country X, construct a Cost Benefit analysis for this.


ANSWER:     SOCIAL COSTS:
                           -possible pollution
                           -can destroy the natural bueaty of the land
                 SOCIAL BENEFITS:
                           -Decrease Unemployment
                           -Better economy as more products will be made and this increasing competition or variety for customers
                 PRIVATE COSTS:
                           -Cost of land
                           -Cost of labour
                           -Cost of new Machinery
                 PRIVATE BENEFITS:
                           -More profits
                           -Better reputaion of business
                           -Benefit from ecomies of scale (cost/unit falls)
THEN GIVE A REASONED CONLUSION OF WHETHER THE BUSINESS SHOULD BUILD ITS FACTORY OR NOT BASED ON THE CBA, THATS BASICALLY IT :)
ALSO, THE GOVERNMENT WILL CHOOSE IF THIS DECISION SHOULD BE TAKEN AS THEIR ARE SOCIAL BENEFITS AND COSTS, :)

I HOPE THIS HELPS
GOOD LUCK :)

Title: Re: Business Paper (2)
Post by: Q80BOY on June 02, 2009, 05:56:57 pm
gr8 work reko  ;)
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 05:57:20 pm
gr8 work reko  ;)
thanks :)
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 05:58:32 pm
hmm can someone breifly explain wt is social (external)  costs n social (external) benefits.....i mean wts the diff
and also cost-benifit analysis...plzz if someone answers it will b a big help
Thanks
Social cost : the conseqnece which society suffer as a result of Business decsion
like high price of product due to recession

Social benfit: the benfit which the society gain from a decision made by the business
like the business decided to no prodece goods  which are harmful for human (cigratte ) for instance
Title: Re: Business Paper (2)
Post by: Aodian on June 02, 2009, 05:59:04 pm
cost benefit analysis is the valuation by a government agency of all external and private costs and benifit resulting from a business decision...

External cost are the cost paid by the rest of the society rather than the business.. For eg if a business is making a dam or a factory.. waht will the community have to pay for.. U could say they would lose precious farmland, u could say building factory would lead to noise, u could say that pollution could happen.. pretty much how the community suffers because of a business decision..

External Benefits are the gains to the rest of the society other than the business from the business decision..
this could be like.. if they built a mall.. jobs could be made.. if they built schools.. you will have better educations.. more roads, more jobs, more etc.. pretty much what makes everything better

Private costs are the cost of a business decision paid by the business.. For example cost of buying the land, cost of construction that the business incurs when building somehting etc.. Pretty much what it takes to make or construct.. could also be market research cost..

Private benifits are the gains that the business receives from taking the business decision.. could be increased profits, higher job efficiency,, faster rate of productioin.. productivity increases.. depending on what they ask u..

Social cost is the addition of  Private cost and external cost which means what both the business and the community will pay...

Social benifit is the addition of pricate and external benifits.. this means how both of the sides will benifit if the business goes ahead with the decision..


phews... there u go..
Title: Re: Business Paper (2)
Post by: X Abdulrahman X on June 02, 2009, 05:59:51 pm
nice reko, that helps alot ^_^, + rep :)
Title: Re: Business Paper (2)
Post by: 247sports on June 02, 2009, 06:01:48 pm
both of u rock THNK U SOOO MUCHH
here 2 smiley faces 4 each one of u  :) :)
gud luck
Take care
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 06:03:01 pm
nice reko, that helps alot ^_^, + rep :)
glad to hear that :), thanks!
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 06:03:46 pm
both of u rock THNK U SOOO MUCHH
here 2 smiley faces 4 each one of u  :) :)
gud luck
Take care
hahaha welcome, thanks for the smileys :)
good luck to u too
Take care
Title: Re: Business Paper (2)
Post by: beanii on June 02, 2009, 06:29:38 pm
heyy...just wanna know...do we need to know the different consumer protection laws? ???
yeah i guess so :)
hmm...thanks! :)
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 06:34:37 pm
sure :P
Title: Re: Business Paper (2)
Post by: 247sports on June 02, 2009, 06:36:19 pm
Thanks aodian :)
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:02:48 pm
Guys i wanna make sure
a bank is intrested to see the trading accoint n profit n loss acount of the company right??
n
liablilty are OWED by the business
n assets are OWNED right?
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:07:15 pm
Guys i wanna make sure
a bank is intrested to see the trading accoint n profit n loss acount of the company right??
n
liablilty are OWED by the business
n assets are OWNED right?
absolutely correct :)

One more thing a bank is interseted in is:

Debtors, if debtors dont pay the business on time, then this will cause a cashflow promlem and thus discourage the bank to give the loan

Creditors, bank manager will see if the business sticks to the given period of time for paying the loan or not

HOPE THIS HELPS :)
GOOD LUCK
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:10:41 pm
Guys i wanna make sure
a bank is intrested to see the trading accoint n profit n loss acount of the company right??
n
liablilty are OWED by the business
n assets are OWNED right?
absolutely correct :)

One more thing a bank is interseted in is:

Debtors, if debtors dont pay the business on time, then this will cause a cashflow promlem and thus discourage the bank to give the loan

Creditors, bank manager will see if the business sticks to the given period of time for paying the loan or not

HOPE THIS HELPS :)
GOOD LUCK
+ rep to u but another queatiobni get confues in debtor n creditor
debetor are those who company owe n creditor are those who owe money to the busienss?
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:12:30 pm
Guys i wanna make sure
a bank is intrested to see the trading accoint n profit n loss acount of the company right??
n
liablilty are OWED by the business
n assets are OWNED right?
absolutely correct :)

One more thing a bank is interseted in is:

Debtors, if debtors dont pay the business on time, then this will cause a cashflow promlem and thus discourage the bank to give the loan

Creditors, bank manager will see if the business sticks to the given period of time for paying the loan or not

HOPE THIS HELPS :)
GOOD LUCK
+ rep to u but another queatiobni get confues in debtor n creditor
debetor are those who company owe n creditor are those who owe money to the busienss?
thanks!
NO!!, it is the opposite u can remember it like this DOUCOT

Debtors Owe Us
Creditors Owe To

haha i just made it up, hope it helps :)
GOOD LUCK
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:13:50 pm
Guys i wanna make sure
a bank is intrested to see the trading accoint n profit n loss acount of the company right??
n
liablilty are OWED by the business
n assets are OWNED right?
absolutely correct :)

One more thing a bank is interseted in is:

Debtors, if debtors dont pay the business on time, then this will cause a cashflow promlem and thus discourage the bank to give the loan

Creditors, bank manager will see if the business sticks to the given period of time for paying the loan or not

HOPE THIS HELPS :)
GOOD LUCK
+ rep to u but another queatiobni get confues in debtor n creditor
debetor are those who company owe n creditor are those who owe money to the busienss?
thanks!
NO!!, it is the opposite u can remember it like this DOUCOT

Debtors Owe Us
Creditors Owe To

haha i just made it up, hope it helps :)
GOOD LUCK
ur genius MashAllah
Thanks Good luck to u too :)
but we mostly say that the business would face prob to pay back it debt so is tat sentence wrong?
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:17:29 pm
Guys i wanna make sure
a bank is intrested to see the trading accoint n profit n loss acount of the company right??
n
liablilty are OWED by the business
n assets are OWNED right?
absolutely correct :)

One more thing a bank is interseted in is:

Debtors, if debtors dont pay the business on time, then this will cause a cashflow promlem and thus discourage the bank to give the loan

Creditors, bank manager will see if the business sticks to the given period of time for paying the loan or not

HOPE THIS HELPS :)
GOOD LUCK
+ rep to u but another queatiobni get confues in debtor n creditor
debetor are those who company owe n creditor are those who owe money to the busienss?
thanks!
NO!!, it is the opposite u can remember it like this DOUCOT

Debtors Owe Us
Creditors Owe To

haha i just made it up, hope it helps :)
GOOD LUCK
ur genius MashAllah
Thanks Good luck to u too :)
but we mostly say that the business would face prob to pay back it debt so is tat sentence wrong?
thanks!! :)
Ur welcome
hm.....i dont get what u exactly mean??

If you mean that saying "The business would face problem to pay back its debts" is wrong then no it isn't :) lol
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:18:39 pm
ok so we would say that the business would face prob in paying back its LOANZ?
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 07:19:52 pm
I think now mostly this is wat's going to show up in paper 2 " Costs/BEP (Graph or by calculation), Product (Product Life Cycle), Recruitment & Selection, Trade Unions/Employer Associations, Location decisions & impact, Government involvement, exchange rate, consumer (protection)."
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:20:27 pm
n yes one more tiny miny queation
line manager are those who have direct authority to subordinate
n staff manager who are specalist
soppse we have  Marketing manager n uder him there are 4 subordiantes
so marketing manager is line as well as staff maager?
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 07:24:07 pm
n yes one more tiny miny queation
line manager are those who have direct authority to subordinate
n staff manager who are specalist
soppse we have  Marketing manager n uder him there are 4 subordiantes
so marketing manager is line as well as staff maager?

Line managers have direct authority over subordinates in their department and Staff managers are specilists to support these line managers and Board of directors.
Hope that helps :)
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:24:59 pm
n yes one more tiny miny queation
line manager are those who have direct authority to subordinate
n staff manager who are specalist
soppse we have  Marketing manager n uder him there are 4 subordiantes
so marketing manager is line as well as staff maager?

Line managers have direct authority over subordinates in their department and Staff managers are specilists to support these line managers and Board of directors.
Hope that helps :)
ya i know but in that example which i states the market manager is both rght?
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:25:49 pm
I think now mostly this is wat's going to show up in paper 2 " Costs/BEP (Graph or by calculation), Product (Product Life Cycle), Recruitment & Selection, Trade Unions/Employer Associations, Location decisions & impact, Government involvement, exchange rate, consumer (protection)."
yeah, we all predicted this, i hope its mostly correct :)
GOOD LUCK TO ALL OF YOU!!! :)
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 07:29:42 pm
n yes one more tiny miny queation
line manager are those who have direct authority to subordinate
n staff manager who are specalist
soppse we have  Marketing manager n uder him there are 4 subordiantes
so marketing manager is line as well as staff maager?

Line managers have direct authority over subordinates in their department and Staff managers are specilists to support these line managers and Board of directors.
Hope that helps :)
ya i know but in that example which i states the market manager is both rght?

hmm...  in ur example he would be both. Although keep in mind that line and staff managers might have different views and they might conflict. Line employess could be confused then about who to take orders or instructions from because Staff managers help Line managers, advice them on particular issues like changes in markets. Hope tht helps :)
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:32:30 pm
ye it did thax
+rep
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 07:35:24 pm
I think now mostly this is wat's going to show up in paper 2 " Costs/BEP (Graph or by calculation), Product (Product Life Cycle), Recruitment & Selection, Trade Unions/Employer Associations, Location decisions & impact, Government involvement, exchange rate, consumer (protection)."
yeah, we all predicted this, i hope its mostly correct :)
GOOD LUCK TO ALL OF YOU!!! :)

THXXxxx, Good LUCK to u too!!
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 02, 2009, 07:35:42 pm
guyzzzz!!! I still havnt started studyinggggg !!!!


OMG ...!!! ITS 9 30 !!!
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 07:38:23 pm
guyzzzz!!! I still havnt started studyinggggg !!!!


OMG ...!!! ITS 9 30 !!!

Ohh lool! I think you need to start soon then :P. Mostly look at topics like Costs & benefit analyis because its one of most important topic. Also, dont forget Marketing is important part of exam. Remember the calculation ratios like gross, net profit magrin, Current ratio, acid test ratio.

Gud luck!!
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:39:33 pm
guyzzzz!!! I still havnt started studyinggggg !!!!


OMG ...!!! ITS 9 30 !!!

Ohh lool! I think you need to start soon then :P. Mostly look at topics like Costs & benefit analyis because its one of most important topic. Also, dont forget Marketing is important part of exam. Remember the calculation ratios like gross, net profit magrin, Current ratio, acid test ratio.

Gud luck!!
what is cost an beifit analyse?:O ??? :o
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:40:58 pm
guyzzzz!!! I still havnt started studyinggggg !!!!


OMG ...!!! ITS 9 30 !!!

Ohh lool! I think you need to start soon then :P. Mostly look at topics like Costs & benefit analyis because its one of most important topic. Also, dont forget Marketing is important part of exam. Remember the calculation ratios like gross, net profit magrin, Current ratio, acid test ratio.

Gud luck!!
no not marketing, half of paper 1 was about marketing :P

Focus on Gov's, Motivation, Recruitment, MULTINATIONALS!!! good luck all :P
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:41:42 pm
guyzzzz!!! I still havnt started studyinggggg !!!!


OMG ...!!! ITS 9 30 !!!

Ohh lool! I think you need to start soon then :P. Mostly look at topics like Costs & benefit analyis because its one of most important topic. Also, dont forget Marketing is important part of exam. Remember the calculation ratios like gross, net profit magrin, Current ratio, acid test ratio.

Gud luck!!
what is cost an beifit analyse?:O ??? :o
check out my post in this page or the page before that :)
HOPE IT HELPS :)
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:42:26 pm
@roxy: the word social means something related to the economy
Social costs is a negative effect that will happen to the social enviroment as an effect from a business deision, social benefits however are the opposite obviously, it is the positive effect on the social envuroment as an affect from a business decision, cost-benefit anlysis is just like a table where the Social costs and benefits and the private costs and benefits (these are the positive and negative effects on the business it self from a business decision) so that we can evaluate if the desicion should be take or not

For example: A company will open a new factory in country X, construct a Cost Benefit analysis for this.


ANSWER:     SOCIAL COSTS:
                           -possible pollution
                           -can destroy the natural bueaty of the land
                 SOCIAL BENEFITS:
                           -Decrease Unemployment
                           -Better economy as more products will be made and this increasing competition or variety for customers
                 PRIVATE COSTS:
                           -Cost of land
                           -Cost of labour
                           -Cost of new Machinery
                 PRIVATE BENEFITS:
                           -More profits
                           -Better reputaion of business
                           -Benefit from ecomies of scale (cost/unit falls)
THEN GIVE A REASONED CONLUSION OF WHETHER THE BUSINESS SHOULD BUILD ITS FACTORY OR NOT BASED ON THE CBA, THATS BASICALLY IT
ALSO, THE GOVERNMENT WILL CHOOSE IF THIS DECISION SHOULD BE TAKEN AS THEIR ARE SOCIAL BENEFITS AND COSTS,

I HOPE THIS HELPS
GOOD LUCK
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:44:15 pm
@roxy: the word social means something related to the economy
Social costs is a negative effect that will happen to the social enviroment as an effect from a business deision, social benefits however are the opposite obviously, it is the positive effect on the social envuroment as an affect from a business decision, cost-benefit anlysis is just like a table where the Social costs and benefits and the private costs and benefits (these are the positive and negative effects on the business it self from a business decision) so that we can evaluate if the desicion should be take or not

For example: A company will open a new factory in country X, construct a Cost Benefit analysis for this.


ANSWER:     SOCIAL COSTS:
                           -possible pollution
                           -can destroy the natural bueaty of the land
                 SOCIAL BENEFITS:
                           -Decrease Unemployment
                           -Better economy as more products will be made and this increasing competition or variety for customers
                 PRIVATE COSTS:
                           -Cost of land
                           -Cost of labour
                           -Cost of new Machinery
                 PRIVATE BENEFITS:
                           -More profits
                           -Better reputaion of business
                           -Benefit from ecomies of scale (cost/unit falls)
THEN GIVE A REASONED CONLUSION OF WHETHER THE BUSINESS SHOULD BUILD ITS FACTORY OR NOT BASED ON THE CBA, THATS BASICALLY IT
ALSO, THE GOVERNMENT WILL CHOOSE IF THIS DECISION SHOULD BE TAKEN AS THEIR ARE SOCIAL BENEFITS AND COSTS,

I HOPE THIS HELPS
GOOD LUCK

ohhhg that ya ok i know it By the way ia sked u a question

umm the company pays it LOAn not debt right?
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:46:42 pm
@roxy: the word social means something related to the economy
Social costs is a negative effect that will happen to the social enviroment as an effect from a business deision, social benefits however are the opposite obviously, it is the positive effect on the social envuroment as an affect from a business decision, cost-benefit anlysis is just like a table where the Social costs and benefits and the private costs and benefits (these are the positive and negative effects on the business it self from a business decision) so that we can evaluate if the desicion should be take or not

For example: A company will open a new factory in country X, construct a Cost Benefit analysis for this.


ANSWER:     SOCIAL COSTS:
                           -possible pollution
                           -can destroy the natural bueaty of the land
                 SOCIAL BENEFITS:
                           -Decrease Unemployment
                           -Better economy as more products will be made and this increasing competition or variety for customers
                 PRIVATE COSTS:
                           -Cost of land
                           -Cost of labour
                           -Cost of new Machinery
                 PRIVATE BENEFITS:
                           -More profits
                           -Better reputaion of business
                           -Benefit from ecomies of scale (cost/unit falls)
THEN GIVE A REASONED CONLUSION OF WHETHER THE BUSINESS SHOULD BUILD ITS FACTORY OR NOT BASED ON THE CBA, THATS BASICALLY IT
ALSO, THE GOVERNMENT WILL CHOOSE IF THIS DECISION SHOULD BE TAKEN AS THEIR ARE SOCIAL BENEFITS AND COSTS,

I HOPE THIS HELPS
GOOD LUCK

ohhhg that ya ok i know it By the way ia sked u a question

umm the company pays it LOAn not debt right?
haha ok
oh sorry

LOAN IS SPECIFIC TO A BANK, HOWEVER A DEBT IS IN GENERAL IT CAN BE FROM CREDITORS BANKS ANYONE!!
HOPE IT HELPS :P
Title: Re: Business Paper (2)
Post by: ineedaz on June 02, 2009, 07:48:49 pm
hello guys... i'm new... great job in boosting my confidence!! =)
I have a question... oct/nov 2008 p2... Q3(b)
It asks: WHY is it important to recruit staff... 6 marks.. ideas??
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 07:51:41 pm
hello guys... i'm new... great job in boosting my confidence!! =)
I have a question... oct/nov 2008 p2... Q3(b)
It asks: WHY is it important to recruit staff... 6 marks.. ideas??
without looking at the case study
perhaps bcuz the staff currently eployed arent efficent in thier work
n they are not apprpriate for the jobs they are asgined
the job analysis would have been done latly n the staff which are curenntly doing their work arent right.....
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 07:56:16 pm
hello guys... i'm new... great job in boosting my confidence!! =)
I have a question... oct/nov 2008 p2... Q3(b)
It asks: WHY is it important to recruit staff... 6 marks.. ideas??
the dam should be built correctly with good quality and this requires highly skilled employees, this will in turn improve the profitability and reputation of general electric, GE aslo must ensure that the dam is built fast enough efficiently, make sure you like it properly to the case study for full marks, you could also mension some disadvantages like high labour costs, and motivation problems
HOPE THIS HELPS
GOOD LUCK!! :D
Title: Re: Business Paper (2)
Post by: ineedaz on June 02, 2009, 07:58:25 pm
thank u both, ManaH and rekomeko...
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 08:01:49 pm
thank u both, ManaH and rekomeko...
you are much more than welcomed :P
Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 08:03:50 pm
thank u both, ManaH and rekomeko...
no prolem its alyt :)
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 02, 2009, 08:09:42 pm
ooh thax load rekmeo ... +rep
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 08:12:09 pm
ooh thax load rekmeo ... +rep
sure, thanks! :)
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 08:17:16 pm
guyzzzz!!! I still havnt started studyinggggg !!!!


OMG ...!!! ITS 9 30 !!!

Ohh lool! I think you need to start soon then :P. Mostly look at topics like Costs & benefit analyis because its one of most important topic. Also, dont forget Marketing is important part of exam. Remember the calculation ratios like gross, net profit magrin, Current ratio, acid test ratio.


Gud luck!!
what is cost an beifit analyse?:O ??? :o

Cost & Benefit anaylsis is the valuation by a government agency of all external and private costs and benefits resulting from a business decision. Mostly, I meant to say was Government's impact, reaction, influences on Business's decisions.
Hope that helps :)
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 02, 2009, 08:18:40 pm
Oh yeah and Thanks hmh .... !! :D

Ive started to study now :P

Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 08:20:04 pm
Oh yeah and Thanks hmh .... !! :D

Ive started to study now :P



Your welcome:).
Great news!! Good Luck wid studying and make sure u take regular breaks in between or everything ur gona study will fly in air :P.
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 02, 2009, 08:20:16 pm
Oh yeah and Thanks hmh .... !! :D

Ive started to study now :P


hahaha goooood :P
good luck again :P
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 02, 2009, 08:21:34 pm
hehe... Ive been breaking the whole day ...:P

i actually sat and wotched "The Terminal" on MBC MAX ...!!

and this is me...(supposedly called a "nerd" in school..)

Title: Re: Business Paper (2)
Post by: MaNa on June 02, 2009, 08:22:40 pm
hehe... Ive been breaking the whole day ...:P

i actually sat and wotched "The Terminal" on MBC MAX ...!!

and this is me...(supposedly called a "nerd" in school..)


bcuz u've probably studied whole two ysr n so u dont have to put in alot of effort?
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 08:23:15 pm
hehe... Ive been breaking the whole day ...:P

i actually sat and wotched "The Terminal" on MBC MAX ...!!

and this is me...(supposedly called a "nerd" in school..)



Ah well... you must be gooooodddd ;). Gud you did that b4 studying.. now ur satisfied with ur social activites, tht gona help concentrate on studying even more now :D.
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 02, 2009, 08:23:40 pm
I swear I wish that was the case.....:P
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 08:42:39 pm
What the Examiners are looking for??
 4 types of skills they test.
1. Knowledge with understanding.
2. Application
3.Analysis
4. Evaluation

Knowledge with understanding:
The key words to look for in paper... Describe, State, List, Outline, What is meant by...., Give..., Define...., Identify..., Name.

Application
Here the key words...Explain how this business...., Why might company x...., Give an example from case study to..., Why might company z...., From the cast study outline...

Analysis
Analyse two factors...., Explain why..., Using accounting ratios, analyse...., Examine why the business....

Evaluation
Discuss.., Justify..., Consider..., Decide..., Which..., Evaluate..., Why do you think...., To what extent..., Do you agree.., Advise...., Assess..., Recommend....

How to improve your grade?
-Use your text book to guide you throught topics.
-Learning and recalling the work is necessary. If you recall you succeed and if you cannot, you will fail.
-Make sure you can explain your answers in detail and do not make simple statements unless a question asks you for a simple statement.
-Use past papers to reinforce revision.
- MOST IMPORTANTLY..... Keep It Simple and Structured, And Subject Specific!!

HOPE THAT HELPS EVERYONE! AND GUDDD LUUUCKKK!!
Title: Re: Business Paper (2)
Post by: Mastermind on June 02, 2009, 08:56:44 pm
i always mess up with this 1:
what are the advantages and disadvantages for a break even chart to managers?
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:00:59 pm
i always mess up with this 1:
what are the advantages and disadvantages for a break even chart to managers?

Break-ever charts, first of all identifies the profit margin... that is how much they have to produce or sell before they make profit. Next, it helps them to forecast the future sales and identify problems if they r making loses or making enough profit for owners or shareholders. This will also help them to identify tht if their costs or production are high, they need to take steps to reduce cost to make higher profits. Usually its done by reducing labour costs and try to gain Economics Of Scale.

Hope tht helps:)
Title: Re: Business Paper (2)
Post by: Mastermind on June 02, 2009, 09:06:06 pm
Thanks! +rep for u ma man
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:06:47 pm
Thanks! +rep for u ma man

Your welcome :) n thx
Title: Re: Business Paper (2)
Post by: al noor on June 02, 2009, 09:22:49 pm
Thanks! +rep for u ma man

Your welcome :) n thx

Heyzz can any tell me wat 2 study in the chapter location of a business??
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:26:30 pm
Thanks! +rep for u ma man

Your welcome :) n thx

Heyzz can any tell me wat 2 study in the chapter location of a business??

U need to know wat factors affect location of manufacturing bussiness and retailing business, what factors may cause a business to relocate and wat factors affect location of a service sector business. These include costs such as rent, electricity, water. then it also refers to factor such as supply of labour. Also, consider whether the business is large scale or small scale. Thats it mostly.
Hope that helps :)
Title: Re: Business Paper (2)
Post by: Freaked12 on June 02, 2009, 09:28:50 pm
how to plan a market research..jus answer me correctly be it of 2 lines.
what should come in Price,Place,Product,Promortion
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:31:57 pm
how to plan a market research..jus answer me correctly be it of 2 lines.
what should come in Price,Place,Product,Promortion

Market research is 2 types.
-Primary which is first hand. A trusted source of information as its done by business itself. It can be done by interviews, questionnares, face-to-face.
-Secondary which is 2nd hand. Can't be fully trusted. It can be done by using external sources of info like newspapers, government analysis published in magnizes, other companies data.

The 4 P's ur saying is part of Marketing Mix but not Marketing Research ;)

Hope that helps :)
Title: Re: Business Paper (2)
Post by: al noor on June 02, 2009, 09:32:59 pm
Thanks! +rep for u ma man

Your welcome :) n thx

Heyzz can any tell me wat 2 study in the chapter location of a business??

U need to know wat factors affect location of manufacturing bussiness and retailing business, what factors may cause a business to relocate and wat factors affect location of a service sector business. These include costs such as rent, electricity, water. then it also refers to factor such as supply of labour. Also, consider whether the business is large scale or small scale. Thats it mostly.
Hope that helps :)

ohhhh okiii thankyou  :)
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:33:56 pm
Thanks! +rep for u ma man

Your welcome :) n thx

Heyzz can any tell me wat 2 study in the chapter location of a business??

U need to know wat factors affect location of manufacturing bussiness and retailing business, what factors may cause a business to relocate and wat factors affect location of a service sector business. These include costs such as rent, electricity, water. then it also refers to factor such as supply of labour. Also, consider whether the business is large scale or small scale. Thats it mostly.
Hope that helps :)

ohhhh okiii thankyou  :)


Your Welcome ;)
Title: Re: Business Paper (2)
Post by: Freaked12 on June 02, 2009, 09:34:12 pm
how to plan a market research..jus answer me correctly be it of 2 lines.
what should come in Price,Place,Product,Promortion

Market research is 2 types.
-Primary which is first hand. A trusted source of information as its done by business itself. It can be done by interviews, questionnares, face-to-face.
-Secondary which is 2nd hand. Can't be fully trusted. It can be done by using external sources of info like newspapers, government analysis published in magnizes, other companies data.

The 4 P's ur saying is part of Marketing Mix but not Marketing Research ;)


Hope that helps :)

indeed a gr8 help :D..but it really meant marketing mix..
every year therez a question as to how it is planned,the marketing mix...do u kno abt?
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:39:10 pm
how to plan a market research..jus answer me correctly be it of 2 lines.
what should come in Price,Place,Product,Promortion

Market research is 2 types.
-Primary which is first hand. A trusted source of information as its done by business itself. It can be done by interviews, questionnares, face-to-face.
-Secondary which is 2nd hand. Can't be fully trusted. It can be done by using external sources of info like newspapers, government analysis published in magnizes, other companies data.

The 4 P's ur saying is part of Marketing Mix but not Marketing Research ;)


Hope that helps :)

indeed a gr8 help :D..but it really meant marketing mix..
every year therez a question as to how it is planned,the marketing mix...do u kno abt?

Marketing Mix research is more about how to analyse company's own functions to be stable in market for its product. Place is where does company sells its product. It needs to identify what type of product is it and then choose where to sell it. Then, Price. It needs to set right price for its product. They can use pricing strategies for tht such as Cost plus or skimming strategy for entering in new market if its new product. then, Promotion is basically advertising the product choosing correct medium and then keeping it constant considering its cash flow internally. Then, Product itself, if it needs new editions or change something tht is faulty. Thts is mostly.

Hope that helps! :)
Title: Re: Business Paper (2)
Post by: X Abdulrahman X on June 02, 2009, 09:41:58 pm
nice explaination hmh +rep :)
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:43:11 pm
nice explaination hmh +rep :)

thx m8, jst trying my best to help everyone...
Title: Re: Business Paper (2)
Post by: Freaked12 on June 02, 2009, 09:45:58 pm
how to plan a market research..jus answer me correctly be it of 2 lines.
what should come in Price,Place,Product,Promortion

Market research is 2 types.
-Primary which is first hand. A trusted source of information as its done by business itself. It can be done by interviews, questionnares, face-to-face.
-Secondary which is 2nd hand. Can't be fully trusted. It can be done by using external sources of info like newspapers, government analysis published in magnizes, other companies data.

The 4 P's ur saying is part of Marketing Mix but not Marketing Research ;)


Hope that helps :)

indeed a gr8 help :D..but it really meant marketing mix..
every year therez a question as to how it is planned,the marketing mix...do u kno abt?

Marketing Mix research is more about how to analyse company's own functions to be stable in market for its product. Place is where does company sells its product. It needs to identify what type of product is it and then choose where to sell it. Then, Price. It needs to set right price for its product. They can use pricing strategies for tht such as Cost plus or skimming strategy for entering in new market if its new product. then, Promotion is basically advertising the product choosing correct medium and then keeping it constant considering its cash flow internally. Then, Product itself, if it needs new editions or change something tht is faulty. Thts is mostly.

Hope that helps! :)
amazing...thankyou..but i want to ask..in place should there be channel of ditribution described as well.???
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:49:16 pm
how to plan a market research..jus answer me correctly be it of 2 lines.
what should come in Price,Place,Product,Promortion

Market research is 2 types.
-Primary which is first hand. A trusted source of information as its done by business itself. It can be done by interviews, questionnares, face-to-face.
-Secondary which is 2nd hand. Can't be fully trusted. It can be done by using external sources of info like newspapers, government analysis published in magnizes, other companies data.

The 4 P's ur saying is part of Marketing Mix but not Marketing Research ;)


Hope that helps :)

indeed a gr8 help :D..but it really meant marketing mix..
every year therez a question as to how it is planned,the marketing mix...do u kno abt?

Marketing Mix research is more about how to analyse company's own functions to be stable in market for its product. Place is where does company sells its product. It needs to identify what type of product is it and then choose where to sell it. Then, Price. It needs to set right price for its product. They can use pricing strategies for tht such as Cost plus or skimming strategy for entering in new market if its new product. then, Promotion is basically advertising the product choosing correct medium and then keeping it constant considering its cash flow internally. Then, Product itself, if it needs new editions or change something tht is faulty. Thts is mostly.

Hope that helps! :)
amazing...thankyou..but i want to ask..in place should there be channel of ditribution described as well.???


No.. i dont think thts plays a great role in placing product.. Channels of distribution are more towards how company wants to increase its market of product. For example, does it find it really diffucult dealing with 1000s of consumers and tht costs a lot? so it wud then find another channel of distribution to decrease its cost and increase its profit. Marketing Mix - Place is more about getting new markets for the product. If one market is saturated with the product and now sales are going down, it wud introduce the product to new marker(new place) to increase bak sales and keep its profit high enough.
Title: Re: Business Paper (2)
Post by: 7ooD on June 02, 2009, 09:54:13 pm
depends on the question 4 eg if da company mentioned is planing to sell export 2 other countries then u could say by using an agent to sell goods aboard
Title: Re: Business Paper (2)
Post by: hmh on June 02, 2009, 09:56:32 pm
depends on the question 4 eg if da company mentioned is planing to sell export 2 other countries then u could say by using an agent to sell goods aboard

yea tht could be said.. but then question wud have different angle..  if it mentions marketing mix or marketing research comparing other companies.. then its mostly about 4 Ps. Again, exporting would be entering new market, introducing product to new market if not already did. Thanks anyways :)
Title: Re: Business Paper (2)
Post by: Nanavel on June 03, 2009, 12:08:58 am
Hey ..

I Lost my business book's Index and it is new book .. now i cannot find about the Labour Intensive and captial intensive >>  can you please check your books under which Chapter name does these 2 topics are coming ? All the business books are the same .

and I can never understand The Channels of Distribution and which channel is more important ??? Help please .. I dont have internet , My dailup wil finish any moment by now ..

Please !
Title: Re: Business Paper (2)
Post by: Freaked12 on June 03, 2009, 12:44:16 am
Hey ..

I Lost my business book's Index and it is new book .. now i cannot find about the Labour Intensive and captial intensive >>  can you please check your books under which Chapter name does these 2 topics are coming ? All the business books are the same .

and I can never understand The Channels of Distribution and which channel is more important ??? Help please .. I dont have internet , My dailup wil finish any moment by now ..

Please !

dude if u cant find anything in the book just go to wikipedia.and i assure u..u only need to know the adv and disadv and they are for capital internsive-lower average costs which results in low prices charged for products leading to high revenue.No need to employ skilled labour so labour costs go down,Relatively unskilled workers are needed so no need for training,high efficiency.or u want more?? disadvantages of capital include high capital required,one machine breaks down whole process comes to a halt,very boring work,low motivation etc
advantage of labour intensive include quality products while disadvantage include high labour costs and jealousy among the workforce

for the Channel of distribution.jus see what each 4 channel of distribution is  abt..like in first it is direct Producer to the consumer done for example by mechanic shops etc the second is Producer to the retailer to the consumer like for example tesco shops
third one is abt Producer to wholesaler to retailer to consumer..this is done in case of fruits and vegetables.firms go for it as they recive discounts on bulk buying.fourth one is producer to agent to whole saler to retailer to consumer...this happens in export markets when the firm wants to export it would hve to contact the agent for knowledge abt the local market

hope it helps and +rep:D
Title: Re: Business Paper (2)
Post by: gonnagetana on June 03, 2009, 04:03:16 am
yay!!! i finished my exam!!! and it was goooood!
Title: Re: Business Paper (2)
Post by: Nanavel on June 03, 2009, 04:04:40 am
was it easy ???
Title: Re: Business Paper (2)
Post by: superduper2009 on June 03, 2009, 04:07:36 am
how was it????
Title: Re: Business Paper (2)
Post by: gonnagetana on June 03, 2009, 04:19:35 am
i thought it was reasonably ok, but my classmates thought it was tough
Title: Re: Business Paper (2)
Post by: superduper2009 on June 03, 2009, 04:23:08 am
please ....whoever has done the paper add me on yahoo...message me to get my e-mail address...
please....
Title: Re: Business Paper (2)
Post by: Nanavel on June 03, 2009, 04:23:29 am
was there any calculations ?? wasthe exam lengthy ?? Did the pattern changed as Told ???
Title: Re: Business Paper (2)
Post by: gonnagetana on June 03, 2009, 04:29:31 am
the format was like usual, dont worry.
Title: Re: Business Paper (2)
Post by: bball92 on June 03, 2009, 04:37:35 am
any1 got last minute predictions? because i havent revised really well and odnt have time to cover the whole syllabus, so if you have any predictions please post !!! :P
Title: Re: Business Paper (2)
Post by: hmh on June 03, 2009, 04:39:20 am
any1 got last minute predictions? because i havent revised really well and odnt have time to cover the whole syllabus, so if you have any predictions please post !!! :P

Costs and Benefits, environmental issures and government impact and influence on businesses, recruitment and selection, trade unions, accounting ratios, factors affecting locations. thts it i guess
Title: Re: Business Paper (2)
Post by: bball92 on June 03, 2009, 04:40:00 am
Thank You =)
Title: Re: Business Paper (2)
Post by: Nanavel on June 03, 2009, 04:43:01 am
hmh .. have you gievn your exams yet ?? or already ??
Title: Re: Business Paper (2)
Post by: hmh on June 03, 2009, 04:43:43 am
hmh .. have you gievn your exams yet ?? or already ??

not yet m8.. in 4 hrs time i will be in examination hall =)
Title: Re: Business Paper (2)
Post by: bball92 on June 03, 2009, 04:44:05 am
2 hours 45 mins here
Title: Re: Business Paper (2)
Post by: hmh on June 03, 2009, 04:44:49 am
2 hours 45 mins here

hmm... doing it in npis or where?
Title: Re: Business Paper (2)
Post by: bball92 on June 03, 2009, 04:45:32 am
kuwait - middle east
Title: Re: Business Paper (2)
Post by: Nanavel on June 03, 2009, 04:46:06 am
same here 2hrs and 45 minutes .. what are you in Kuwait ??
Title: Re: Business Paper (2)
Post by: bball92 on June 03, 2009, 04:47:09 am
whats that supposed to mean? lol
Title: Re: Business Paper (2)
Post by: Nanavel on June 03, 2009, 04:47:26 am
NPIS >> is it in hawalli the brown school ??
Title: Re: Business Paper (2)
Post by: bball92 on June 03, 2009, 04:47:59 am
well im out :S gotta revise, ill leave the forum runnign but im revising.

Take care and best of luck all!
Title: Re: Business Paper (2)
Post by: hmh on June 03, 2009, 04:55:01 am
NPIS >> is it in hawalli the brown school ??

yup tht 1 lol
Title: Re: Business Paper (2)
Post by: shafiq_92libra on June 03, 2009, 05:01:11 am
i got 59 minutes left and counting
Title: Re: Business Paper (2)
Post by: heebo on June 03, 2009, 06:05:52 am
Governments often pass laws which affect how employees are treated and how customers
are treated.
(i) Outline ONE law to protect employees and ONE law to protect customers

my exam s in 1 hour help please...
Title: Re: Business Paper (2)
Post by: june on June 03, 2009, 06:21:28 am
protect employees: by having a safe working environment or by having a contract to protect workers wages or by having a legal minimum wage
protect customers: the product is of the quality it is said to be product is fit for its purpose, selling faulty goods

hope i helped :D
Title: Re: Business Paper (2)
Post by: june on June 03, 2009, 06:22:40 am
i mean not selling faulty goods with problems etc
Title: Re: Business Paper (2)
Post by: yoyo616 on June 03, 2009, 06:36:37 am
you guys made a good job of helping eachother out ^-^' best of luck to everyone and dont forget
business is just common sense.
my exam is in 1 hr and 32 Min  ::) study well everyone and i hope everyone gets an A* ;)
Title: Re: Business Paper (2)
Post by: dynasty on June 03, 2009, 06:47:06 am
EXAM IN HALF AN HOUR lool :p hope every1 does well  :D
Title: Re: Business Paper (2)
Post by: shafiq_92libra on June 03, 2009, 09:42:42 am
business paper 2 was awesome...lol  ;D
Title: Re: Business Paper (2)
Post by: al noor on June 03, 2009, 09:45:14 am
business paper 2 was awesome...lol  ;D

Business paper was gr8 :D :D
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 03, 2009, 10:15:17 am
paper was so dammm easssyyyy and niceee!!!!@ LOVED IT AND ACED IT!!! HAHHA :P :D
Title: Re: Business Paper (2)
Post by: Ukhti-R on June 03, 2009, 10:17:04 am
YEAH IT WWASSS THE BESSSST PAPER...EVERRR :D :D

aNd I didnt even study..:P


remeber guyz...:P
Title: Re: Business Paper (2)
Post by: hmh on June 03, 2009, 10:52:37 am
Yeaaaaa it was easyyyyy... did great!!! thanks to everyone for helping eachother :D
Title: Re: Business Paper (2)
Post by: 247sports on June 03, 2009, 11:24:31 am
yep Thanks for all the help...buss ppr not bad :)
By the way this was my last buss ppr in my life  ;D
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 03, 2009, 11:28:10 am
yep Thanks for all the help...buss ppr not bad :)
By the way this was my last buss ppr in my life  ;D

sure

YEAH ME TOOOOOO :D
Title: Re: Business Paper (2)
Post by: Khey [Rainbow] on June 03, 2009, 12:29:21 pm
rekomeko u r ryte bout hand achin :P but over all it was better than xpected
Title: Re: Business Paper (2)
Post by: 7ooD on June 03, 2009, 12:49:48 pm
it was cooler than any past business paper@hmh r u from the npis school or from the salmiya pakistan school which took the exam there
Title: Re: Business Paper (2)
Post by: hmh on June 03, 2009, 12:51:19 pm
it was cooler than any past business paper@hmh r u from the npis school or from the salmiya pakistan school which took the exam there

No, I am not from either of them. I gave exam as a private candidate ;)
Title: Re: Business Paper (2)
Post by: MaNa on June 03, 2009, 12:52:01 pm
GUYS DONT DISCUSS BUSIESS PAPER NOW
THERE ARE MANY WHO HAVE NOT GIVEN YET
NOT EVEN TALK AOUT HARD/EASY
JUST BE PATEINECE FOR 24 HOURS
ITS WRONG !!!!!
RULES ARE RULES!
I KNOW U ARE EXCITIED ABOUT IT BUT STILL U HAVE OBEY THEM:)
Title: Re: Business Paper (2)
Post by: hmh on June 03, 2009, 12:54:03 pm
GUYS DONT DISCUSS BUSIESS PAPER NOW
THERE ARE MANY WHO HAVE NOT GIVEN YET
NOT EVEN TALK AOUT HARD/EASY
JUST BE PATEINECE FOR 24 HOURS
ITS WRONG !!!!!
RULES ARE RULES!
I KNOW U ARE EXCITIED ABOUT IT BUT STILL U HAVE OBEY THEM:)

Yea , i agree wid U :)
Title: Re: Business Paper (2)
Post by: MaNa on June 03, 2009, 12:55:22 pm
yo guys i need to make sure of something


What was the current ratio and the acid test ratio with calculations please (PM ME THEM) THANKS!
hey what gmt are u n what time dou write ur exam?
Title: Re: Business Paper (2)
Post by: 7ooD on June 03, 2009, 12:55:55 pm
1 and 1.05 By the way everybody had done the exam
Title: Re: Business Paper (2)
Post by: MaNa on June 03, 2009, 12:57:10 pm
1 and 1.05 By the way everybody had done the exam
STOP TELLING THE ANSWERS READ THE EXAMINATION RULES!!!!
Title: Re: Business Paper (2)
Post by: 7ooD on June 03, 2009, 12:57:40 pm
hmh cmon dude then why u mentioned the name of the school lol
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 03, 2009, 12:58:52 pm
aaaghhh!!! made a silly mistake in calculations of the performance!! how much u think i would loose??
Title: Re: Business Paper (2)
Post by: 7ooD on June 03, 2009, 12:59:10 pm
manah wdf the exam is over by 5 hrs no chance of gmt diff
Title: Re: Business Paper (2)
Post by: 7ooD on June 03, 2009, 01:00:30 pm
dnt worry this is not math not alot u will lose
Title: Re: Business Paper (2)
Post by: MaNa on June 03, 2009, 01:01:35 pm
manah wdf the exam is over by 5 hrs no chance of gmt diff
dude iw ont mention names but somene meant to askme question after exmas
n there are gmt +6+9 if u know
so just pe PATTIENCE
Title: Re: Business Paper (2)
Post by: 7ooD on June 03, 2009, 01:04:49 pm
ok 
Title: Re: Business Paper (2)
Post by: MaNa on June 03, 2009, 01:05:28 pm
thankyou :)
Title: Re: Business Paper (2)
Post by: al noor on June 03, 2009, 01:10:18 pm
thankyou :)

Hey guyz the range will goo by each skoool seprately ??
Title: Re: Business Paper (2)
Post by: MaNa on June 03, 2009, 01:12:07 pm
thankyou :)

Hey guyz the range will goo by each skoool seprately ??
nope world wide
Title: Re: Business Paper (2)
Post by: 7ooD on June 03, 2009, 01:13:07 pm
no by each country
Title: Re: Business Paper (2)
Post by: MaNa on June 03, 2009, 01:15:20 pm
no by each country
u serious?
dayaam i am in gul state who're good in Business:S
Title: Re: Business Paper (2)
Post by: al noor on June 03, 2009, 01:38:18 pm
no by each country

bcoz many ppl saidon each skool :(
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 03, 2009, 02:44:42 pm
it is according to countries guys :s :P
Title: Re: Business Paper (2)
Post by: Mirzaa on June 03, 2009, 03:29:38 pm
aaaghhh!!! made a silly mistake in calculations of the performance!! how much u think i would loose??

has to be a minimal of 4 marks uve lost, for not giving the ratios.... but 8/12 is still kinda high.... does any1 no what it is to get an A* out of 200 on both the papers??
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 03, 2009, 03:32:12 pm
aaaghhh!!! made a silly mistake in calculations of the performance!! how much u think i would loose??

has to be a minimal of 4 marks uve lost, for not giving the ratios.... but 8/12 is still kinda high.... does any1 no what it is to get an A* out of 200 on both the papers??
noooooooi gave all the ratios, i only made a silly calculation mistake in the acid test ratio i did 21000-1000=10000
AND I JUST  CAN FIGURE OUT WHY!!! :@:@:@ AAGHHH!! I HATE IT!! ALTHOUGH I GOT AN A* IN MY MATHS IN NOV08!! :S

hehe, mm.......like 135/200 is an A, and and an A* doesnt only depend on the grade but the quality of ur answers so i guyss its like 185/200 or maybe a bit lower :)
Title: Re: Business Paper (2)
Post by: amy.mym on June 03, 2009, 03:47:02 pm
The acid test ratio was : 21000 - 10000 / 20000

you get 1

The one indicates that its perfect at this stage and it can pay short - term debts

check in ur book

Current assets - stock
-----------------------
   current liabilities
Title: Re: Business Paper (2)
Post by: astarmathsandchemistry on June 03, 2009, 03:49:53 pm
The acid test ratio was : 21000 - 10000 / 20000

you get 1

The one indicates that its perfect at this stage and it can pay short - term debts

check in ur book

Current assets - stock
-----------------------
   current liabilities
yeah i know the formula and everything, its just that i made a silly mathematical calculations :S

ha ha anyways thanks
Title: Re: Business Paper (2)
Post by: MaNa on June 03, 2009, 06:10:33 pm
no the mark for A in business is 126
bcuz i have looked up to papers i have seeen that 63 in each paper is an A
anyways i hope thats the boundries are low
can anyone setup a poll so that it could be determined was the paper was easy or harD? ???
Title: Re: Business Paper (2)
Post by: ineedaz on June 03, 2009, 06:24:42 pm
no the mark for A in business is 126
bcuz i have looked up to papers i have seeen that 63 in each paper is an A
anyways i hope thats the boundries are low
can anyone setup a poll so that it could be determined was the paper was easy or harD? ???
I'll start...it was easy!! right?? well atleast not too bad...
Title: Re: Business Paper (2)
Post by: Bubblez H on June 04, 2009, 05:59:46 am
Hard.
And long.
Title: Re: Business Paper (2)
Post by: shafiq_92libra on June 04, 2009, 09:21:56 am
da exam was kinda good
i only had trouble wid 1 12 mark question
da financial situation bit
bt everything else was pretty good
you just hav to b sure dat u linked every point to python bicycles
like da promotion question
i wrote dat dey cud give persuasive advertisement to not pollute wid cars and buy bicycles cos dey dont make pollution, and if dey change da product to childrens bicycles den dey wud hav to make da advertisement appealing to kids as well as parents and make da packaging more attractive
and dey cud give gifts such as toys since dey were taken over by a toy company
i also managed to fit in da definition of promotion too and advatages and stuff