Section II - Short Answer (1 Viewer)

Rafy

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Share your thoughts here
 

JT145

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Did first two sections in 50 minutes and nearly ran out of time in section 4 ahaha
 

NFmusic1995

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Low gearing = high solvent , hence internal sources of finance i.e retained profits?
 

ClassOf2013

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For that question that asked about the bicycle business, I suggested they introduce a pay in advance system...oh well.
 

Mitsunami

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Section 2 was alright. Did it faster than I expect but rechecked and hopefully I didn't mess up somewhere...
 

jasonz1c

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Was a letter of credit an appropriate global financial management strategy??
 

shaziee7

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1. Did anyone use bill of exchange for method of payment?
2. For the question about australia and currency fluctuations, could you talk about how higher currency compared to other countries increases the price to export, therefore managers should reduce the amount in which they export and wait till the aus dollar is low compared to other countries?
Apparently u had to talk about hedging and derivatives
 

WildKoala

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1. Did anyone use bill of exchange for method of payment?
2. For the question about australia and currency fluctuations, could you talk about how higher currency compared to other countries increases the price to export, therefore managers should reduce the amount in which they export and wait till the aus dollar is low compared to other countries?
Apparently u had to talk about hedging and derivatives
1. Yeah! I did. I'm pretty sure it's correct
2. And no,the question specifically asked what was a strategy to avoid fluctuation or something (can't remember question correctly), but the answer was hedging ( which includes, derivatives --> forward exchange contract, options contract & swap contract)
 

WildKoala

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Was a letter of credit an appropriate global financial management strategy??
Yeap! Anything below was acceptable to use:
- Bills of exchange (the best choice in the question case due to guarantee)
- Letter of credit
- Clean payment

Question DID NOT accept payment in advanced
 

shaziee7

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sigh :( what did everyone put for the independent discount fuel and convenience store? i think it was how e-commerce could be used and whether supply chain management would be effective and maybe one other question.

I believe it would be effective as it is independent and will require integrating and managing the flow of supplies through logistics, e-commerce etc.
 

NFmusic1995

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sigh :( what did everyone put for the independent discount fuel and convenience store? i think it was how e-commerce could be used and whether supply chain management would be effective and maybe one other question.

I believe it would be effective as it is independent and will require integrating and managing the flow of supplies through logistics, e-commerce etc.
I spoke how it can make an online website to further allow customers to redeem these fuel vouchers and as a logistics tool to check for stock etc.
 

JT145

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I said bill of exchange except I got the definition wrong ahaha

Also for the derivatives question I forgot the difference between derivatives and hedging... I wrote 'hedging' but then listed a derivative lol
 

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