Business Studies Paper 12 Discussion!

[TAZ007]

Hey Guys! What did you write in the question relating the Finance Manager?

 

[Cryptids]

Hey Guys! What did you write in the question relating the Finance Manager?

If you're talking about the last part, so it required 3 points. (6 Marks)
I wrote that it was correct for the manager to worry about his financial position due to decreasing profits, risky current ratio and increasing competition from online book sellers that may increase the cost for his business and reduce net profit. (I elaborated every point though).

 

[TAZ007]

If you're talking about the last part, so it required 3 points. (6 Marks)
I wrote that it was correct for the manager to worry about his financial position due to decreasing profits, risky current ratio and increasing competition from online book sellers that may increase the cost for his business and reduce net profit. (I elaborated every point though).

I wrote that Current ratio was increasing so not should not be worried about that.
ROCE(productivity) and Net Profit(efficiency) was decreasing so should be worried according to that.

 

[TAZ007]

If you're talking about the last part, so it required 3 points. (6 Marks)
I wrote that it was correct for the manager to worry about his financial position due to decreasing profits, risky current ratio and increasing competition from online book sellers that may increase the cost for his business and reduce net profit. (I elaborated every point though).

Hey Cryptids! Tariffs and Quotas are problems of importing right?

 

[Cryptids]

I wrote that Current ratio was increasing so not should not be worried about that.
ROCE(productivity) and Net Profit(efficiency) was decreasing so should be worried according to that.

Yea thats good !
You covered all points !

 

[Cryptids]

Hey Cryptids! Tariffs and Quotas are problems of importing right?

Yes they are disadvantageous to importers.
Tariffs will increase the cost of import as importer will need to pay high taxes. Government often impose high tariffs to increase local aggregate demand and discourage imports to achieve a macroeconomic objective of balance of payments.
Quota is a problem for importer because although there are no changes in the tax but government impose a physical limit on the import of certain goods whose local demand is decreasing so that local firms may not be forced out of business.

 

[TAZ007]

Yes they are disadvantageous to importers.
Tariffs will increase the cost of import as importer will need to pay high taxes. Government often impose high tariffs to increase local aggregate demand and discourage imports to achieve a macroeconomic objective of balance of payments.
Quota is a problem for importer because although there are no changes in the tax but government impose a physical limit on the import of certain goods whose local demand is decreasing so that local firms may not be forced out of business.

Awesome man thanks! Actually I am a Science and a Business student

 

[TAZ007]

Yes they are disadvantageous to importers.
Tariffs will increase the cost of import as importer will need to pay high taxes. Government often impose high tariffs to increase local aggregate demand and discourage imports to achieve a macroeconomic objective of balance of payments.
Quota is a problem for importer because although there are no changes in the tax but government impose a physical limit on the import of certain goods whose local demand is decreasing so that local firms may not be forced out of business.

Cryptids Interest and amount of money are different in overdraft and bank loan? Right?

 

[Cryptids]

Cryptids Interest and amount of money are different in overdraft and bank loan? Right?

Really sorry for late reply !
Amount of money seems perfect but what have you written about interest?
Interest is charged on both !

 

[TAZ007]

Really sorry for late reply !
Amount of money seems perfect but what have you written about interest?
Interest is charged on both !

About Interest rates! Different on both! High on overdrafts and comparatively low on loans as repayment period is long.

 

[Cryptids]

About Interest rates! Different on both! High on overdrafts and comparatively low on loans as repayment period is long.

Yea that's correct !

 

[TAZ007]

Yea that's correct !

Thanks! How many papers left?

 

[Cryptids]

Thanks! How many papers left?

8 left ! -_-

 

[TAZ007]

Really :O How many subjects?

 

[Cryptids]

Really :O How many subjects?

Hahaha no I meant 4 subjects but 8 papers.
4 paper 1's and 4 paper 2's !
I have 7 subjects in total !

 

[aroha]

hey there
there are a few questions that i'd like answers to
1- about the ways of promotion part in business o level paper 2
could we write promotions such as tv,newspapers and personally sellings ?

for paper 1 now ,what could be the problems of importing ?
could they be ,1- high duties and tarrifs ,2-defaults or delays made by the exporter. 3-high storage space needed overheads etc for importing in large quantities ,4-travelling cost ie ports or warehouses maybe far away​

 

[thementor]

hey there ​

there are a few questions that i'd like answers to ​

1- about the ways of promotion part in business o level paper 2 ​

could we write promotions such as tv,newspapers and personally sellings ?​

​

for paper 1 now ,what could be the problems of importing ?​

could they be ,1- high duties and tarrifs ,2-defaults or delays made by the exporter. 3-high storage space needed overheads etc for importing in large quantities ,4-travelling cost ie ports or warehouses maybe far away​

yup its correct

 

[TAZ007]

hey there ​

there are a few questions that i'd like answers to ​

1- about the ways of promotion part in business o level paper 2 ​

could we write promotions such as tv,newspapers and personally sellings ?​

​

for paper 1 now ,what could be the problems of importing ?​

could they be ,1- high duties and tarrifs ,2-defaults or delays made by the exporter. 3-high storage space needed overheads etc for importing in large quantities ,4-travelling cost ie ports or warehouses maybe far away​

Yeah looks correct!
I wrote about tariffs and quotas in importing problems.
In promotion i wrote about sponsorship, advertisement through leaflets and price cuts

 

[aroha]

Yeah looks correct!
I wrote about tariffs and quotas in importing problems.
In promotion i wrote about sponsorship, advertisement through leaflets and price cuts

haha thanks ,i was going all eager to know about the answers to these

 

[aroha]

yup its correct

lol thanks ,
quite relieved now that i know they're correct