Higher Business Management 2018/19 Watch

Aaron_0610
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#41
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#41
I need a miracle
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High_voltage
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#42
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The finance questions that always come up are sources of finance and technology with finance. You will be fine im sure.
(Original post by katherine340)
I got a D hahaha but I needed only 1 mark for a C. I really need to get at least a B in this exam and the information is just not going in my head. Especially the finance unit is killing me.
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katherine340
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#43
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(Original post by High_voltage)
The finance questions that always come up are sources of finance and technology with finance. You will be fine im sure.
What about all the ratio stuff?
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Last edited by katherine340; 1 week ago
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High_voltage
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#44
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U are never asked to calculate one its always just analysis and ur only asked one question.
(Original post by katherine340)
What about all the ratio stuff?
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mikemohammed415
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#45
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Does anyone know of any recurring questions that might come up?
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katherine340
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#46
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Do I have to know about trade payables period or trade receivables period as I have that in my jotter but cant find anything about it in my textbook or BBC bitesize?
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536458
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#47
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(Original post by katherine340)
Do I have to know about trade payables period or trade receivables period as I have that in my jotter but cant find anything about it in my textbook or BBC bitesize?
I don't remember learning those, although they could be different names for something else... here's the topics that SQA could ask you about for finance:
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katherine340
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#48
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Can someone explain to me what the internal constraints is all about cause I can’t understand it.
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mikemohammed415
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#49
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(Original post by katherine340)
Can someone explain to me what the internal constraints is all about cause I can’t understand it.
I had recently asked my teacher this exact question in an email,
the question was :

(Describe 3 internal constraints that make decision making difficult. 3 marks)
Her response was:


Of course, this is just three internal factors that would impact the decision you make.



Obvious things to me for this kind of question would be:



Finance available – if a business lots of money available they have more options, whereas if money is limited they may need to pick ‘the best of a bad bunch’ of options as they cannot afford what they actually want.



Staff training – if staff is trained and motivated they will be more open and willing to change. If they are untrained then the decisions you make become harder as you need to convince staff to change.



Manager – the experience of the manager may impact this. If they are new then they may lack the experience required to make the right decision for example.
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mikemohammed415
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#50
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I hoped that helped.
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katherine340
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(Original post by mikemohammed415)
I hoped that helped.
Thank you so much! It makes a bit more sense now
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AyrshireStudent
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#52
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#52
Praying for a miracle.
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katherine340
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#53
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(Original post by AyrshireStudent)
Praying for a miracle.
Same here haha
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AyrshireStudent
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#54
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Not even kidding, I have no knowledge of half of the course. I'm going to use my general knowledge to help haha.
(Original post by katherine340)
Same here haha
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katherine340
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(Original post by AyrshireStudent)
Not even kidding, I have no knowledge of half of the course. I'm going to use my general knowledge to help haha.
I hope most of the questions are something we know from Nat 5 or common sense hahahah
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mikemohammed415
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#56
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Does anyone know if we have to know how to find each ratio as well as know the definitions
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katherine340
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(Original post by mikemohammed415)
Does anyone know if we have to know how to find each ratio as well as know the definitions
My teacher wrote on the checklist that we have to know the formula for each ratio and the definition also to be also to interpret why it figure has gone up or down
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AyrshireStudent
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#58
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Let's hope it's like a 8 marker on advantages of being a multinational or something.
(Original post by katherine340)
I hope most of the questions are something we know from Nat 5 or common sense hahahah
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katherine340
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(Original post by AyrshireStudent)
Let's hope it's like a 8 marker on advantages of being a multinational or something.
Yesss, would love that question.
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mikemohammed415
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#60
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Thank you
(Original post by katherine340)
My teacher wrote on the checklist that we have to know the formula for each ratio and the definition also to be also to interpret why it figure has gone up or down
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