Past paper question for you to get your teeth in to!
Analyse the effects a policy of social responsibility might have on the profits of private sector organisations in the UK. (13 MARKS)
Thoughts:
Define social responsibility = up to 2 marks
Analyse – get behind the qarguement, discuss, pros and cons
Think –
Revenue
Efficiency
Attracting customers
Reputation and credibility
Innovation
Real examples, Cadbury, Tesco, Walkers crisps (negative publicity)
Ethical behavious also comes under the social responsibility banner.
Tagged: past paper, Revision November 19, 2008
Question 1 (3 marks)
Outline the roles of the 3 main office bearers at a meeting.
- Chairperson
- Secretary
- Treasurer
Question 2 (3 marks)
Identify the common items on an Agenda for nearly every meeting.
Question 3 (4 marks)
You are going on holiday. Prepare instructions for the Trainee Administrative Assistant on how to take the Minutes of a meeting.
Tagged: Admin, homework November 15, 2008
Links to a great revision website - teach-ict.net have been added to the S4 Admin pages. I have also uploaded the Int 1 ITfA traffic light sheet. I will upload the Int 2 ITfA sheet along with all of the theory sheets shortly.
Tagged: Admin, Revision November 15, 2008
I heart are climbing!
Click here to view Stirling High’s live position
| Rank |
Team |
School |
|
Eligible for Prizes?* |
Change |
Portfolio Value |
Overall Rank |
| 1 |
The Guru |
The Guru and The Monkey |
|
Yes |
+1.66% |
£106,144.64 |
87 |
| 2 |
The Golden Nuggets |
Stirling High School |
|
Yes |
+1.62% |
£103,422.79 |
542 |
| 3 |
I heart Dow Jones |
Stirling High School |
|
Yes |
+3.15% |
£102,069.07 |
1063 |
| 4 |
The Monkey |
The Guru and The Monkey |
|
Yes |
+0.79% |
£99,043.85 |
3012 |
| 5 |
Orange Zest |
Stirling High School |
|
No |
+1.38% |
£98,898.00 |
3148 |
| 6 |
The Footsie Fighters |
Stirling High School |
|
Yes |
+1.82% |
£94,002.13 |
4668 |
November 4, 2008
Portfolio Challenge Trading Rules
- Trading for the Portfolio Challenge opens on 3 November 2008 and closes when the markets close on 27 February 2009.
- Each team registered will have a notional £100,000 to invest. This is index-linked to the FTSE-100 until you start trading, so if you cannot start trading when the market opens on 3 November 2008 you will not be at a disadvantage.
- Your portfolio must consist of ten stocks chosen from the FTSE100 companies, plus 50 selected smaller companies that we have called the ifs SmallCap 50.
- Of your stocks, at least six must be from the FTSE100. [This means that you must have a minimum of 10 stocks at any one time, six of which must be from the FTSE100 - Mr H]
- When you buy a stock, you’ll be charged stamp duty and commission, just like you would be in the real world.
- When you sell a stock, you’ll be charged commission, just like you would be in the real world.
- You also have the option to invest up to £20,000 of your virtual cash into an investment trust.
- The charges for investing in a trust vary, just like the real world. Each individual trust page outlines the costs for that trust.
- Holding more than £15,000 in hard (virtual) cash is not very helpful and against the rules (the competition is all about investing, after all)!
- The minimum investment in any one stock or investment trust is £1000.
- There is a 20% maximum spend in any one company.
- All stock market data is genuine live data, provided courtesy of Bloomberg, but may be delayed by up to 15 minutes so should not be used for trading decisions outside of the competition!
- Should the data shown on the Student Investor site differ from data shown elsewhere on the internet the data shown on the Student Investor site will be considered to be correct for the purposes of the competition. This means you should always base your final trading decisions on the information provided by the Student Investor website, not on information found elsewhere.
- Teams can make a maximum of 20 transactions (buying or selling shares or trusts) per day.
- Teams can make a maximum of 60 transactions (buying or selling shares or trusts) over a 7 day period.
- Teams can make a maximum of 200 transactions (buying or selling shares or trusts) over a 30 day period
- UPDATED RULE: There is now a limit of 1 transaction per team per company per day.
Tagged: ifs rules November 2, 2008
I am out of school this Tuesday – here is what you have to do:
P1 AHBM – continue with external questions/Researching a Business NAB
P3 – S4 AM – Int 1’s continue working thorough last years prelim | Int 2’s continue practising memos/letters
P4/5 – H AD – practice layouts - letters: multi-page; tear off slip | documentation for meetings: notice of meeting and agenda; minutes | reports | newsletters
P6 – 2D2 – complete tasks 9,10 + 11 of Feisty then go back and complete the flyer extension task.
Tagged: cover November 2, 2008
Copies of this years External Assessment reports (they used to be called principal assessors reports) have been added to the H Admin and AH Bus Man pages.
Tagged: External Assessment, SQA November 2, 2008
Good luck to our teams:
***I heart Dow Jones***
Bob Fergus
Elliot Samson
Fergus O’connor
Liam Brown
***Orange Zest***
Alison Scott
Amy Bilsborough
Joanna Laing
Mark King
***The Footsie Fighters***
Lauren Dempsey
Lucy Gray
Natalie McGowan
Shelley McGowan
***The Golden Nuggets***
Anastasia Adashkevich
Douglas Cullen
Gavin Graeme Scott
Lauren Martin
***THE MACHINES***
Arran Brown
Daisy Aiken
Niall McGeachy
Stewart Laing
Especially the Footsie Fighters and I heart Dow Jones (who will be taking me to New York if they win!)
Keep up with them at www.studentinvestor.org
November 1, 2008
As promised, here are the questions you are working on this week:
Question 1
The Perils of Complacency The onset of the European single currency is among a raft of global issues which threaten some of Scotland’s most promising businesses, according to a leading professional advisor.
Ralph Adams, Scottish partner in charge at Deloitte and Touche, believes companies remain too complacent about the implications of the euro. And he says the massive rise in ‘wired’ competition, such as internet-based services, is changing markets as never before.
For global products, from cars to electronic components, the opportunity for price transparency is there with the euro, the advantage being with competitors who can price and process sales on a one currency basis with no added exchange costs. ‘You can see this happening with online services and increasingly with interactive buying’ points out Adams. ‘One typical example will be digital TV, when people will be able to easily buy products from anywhere’.
But the real question is whether the euro is ‘just another currency’, or does its creation herald much more significant market change. There is consensus on the latter among leading Scottish banks and professional advisors. In the end, a single currency will affect all but the very few.
Adapted from Smith, M (Jan 1999), The Perils of Complacency, Scottish Business Insider
Imagine you are a UK business who trade in Europe. You need to make plans for the move to the euro. What sort of issues might you have to consider from customers and suppliers? What issues might there be for your own organisation?
Question 2
Microsoft, was formed in the USA in 1975. They are known globally as the world’s largest software company and operate on a worldwide basis. While they have set up subsidiaries in almost all countries throughout the globe, they have chosen not to sell their products directly to consumers, instead they use third-parties (or resellers as they are known). They work closely with local software companies who exploit known local markets on behalf of Microsoft. In China, for example, Microsoft employ only 70 people but they work with more than 15,000 reseller companies to sell their products.Why has a multinational like Microsoft decided to operate in this way , and what effect might it have had on host countries?
Question 3
Read ‘United Kingdom in Europe – The impact of EU’http://ec.europa.eu/unitedkingdom/index_en.htm
then read Scotland in Europe (PowerPoint uploaded to the blog)
and summarise the main impacts of EU policies and programmes in Scotland.
Question 4
Read about Tesco on their web sitehttp://www.tescocorporate.com/
and discuss the ways in which the company has shown itself to be socially responsible.
Question 5
Celtic Football Club won a Scottish E-commerce Award in 2000. Look at their web site on www.celticfc.co.uk and www.ebusinessforum.com and list in what ways the club has embraced technology. Suggest areas where more use could be made of technology. Alternative clubs could be used e.g. www.rangers.co.uk, which is the Glasgow Rangers Football Club.
Tagged: Questions October 28, 2008
An interesting article from the BBC’s Nick Robinson. Even more interesting is what others have to say on the matter…
http://www.bbc.co.uk/blogs/nickrobinson/2008/10/europe_ticking.html
Tagged: AHBM, EU October 28, 2008
Speak to me if you are having any problems with your NAB.
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Tagged: AHBM, NAB October 21, 2008
Higher Admin girls: I have added you to our new wiki (web page where we can all add-edit/delete information. We are going to use it to script our Video for AS LO4 – Meetings.
TO DO: Check your email for your invitation to the wiki and add your name to the ‘class’ page.
Alternatively you can access the wiki by clicking http://hadminshs2009.pbwiki.com/ (You have to accept invite first!)
(more…)
Tagged: H Admin, Meetings Terms, PB Wiki, Wiki October 19, 2008
October holiday is over! Time to start thinking about Prelims!!!
What do you think about the new look blog? Do you prefer it to the old style?
Do you want me to add anything that will help you to revise?
October 19, 2008
I have tried a few wiki’s and think PBWiki is the most user friendly to use. Give it a go and let me know what you think. If you want to use it with your classes please email me and I will send you an activation link – this way I can accrue points to get a free upgrade!
EMAIL: hamiltona06s@stirling.gov.uk
October 18, 2008
1 Read the following articles:
http://en.wikipedia.org/wiki/Economic_and_Monetary_Union_of_the_European_Union
http://www.psr.keele.ac.uk/docs/efaq.htm (not up to date but still very useful)
http://www.historylearningsite.co.uk/euro.htm
http://www.cepr.org/PRESS/LM1412PR.htm
http://europa.eu/abc/12lessons/lesson_7/index_en.htm
2 Answer the following question:
Assess the possible impact of each of the following on UK firms seeking to expand abroad.
• European Monetary Union
• Transfer pricing
(14 marks)
Notes on question: Maximum 8 marks are available for each part; 2 marks maximum are available for defining EMU and 2 marks maximum are available for defining transfer pricing.
You can either give me your answer on paper on Thursday or submit it via a comment on the blog on Wednesday night.
Remember to read your notes and the command words document.
Tagged: AHBM, homework September 21, 2008
This homework should be completed by adding a comment below and answering the questions. Please remember to write in full sentences and to look at the number of marks each question is worth.
Any problems please see me!
3 Time and Task Management
a Why is good time-management important? (2)
b Select 2 problems that can arise from poor time management which you consider may have the greatest negative impact on work. Justify your answer. (4)
c What do you understand by the term “time stealers”. (1)
d Outline the consequences of poor time and task management. (4)
Tagged: Admin September 17, 2008
The 2009 SQA exam timetable is now available by clicking http://www.sqa.org.uk/sqa/SQA_TT_Login.jsp
The Business Education exam times are below:
Subject Qualification Paper Time/s
Administration Intermediate 1 Tue 05-May-2009 09:00 AM – 10:45 AM
Administration Intermediate 2 1 Tue 05-May-2009 09:00 AM – 10:00 AM
Administration Intermediate 2 2 Tue 05-May-2009 10:20 AM – 11:40 AM
Business Management Higher Mon 18-May-2009 09:00 AM – 11:30 AM
Business Management Intermediate 1 Tue 19-May-2009 09:00 AM – 10:15 AM
Business Management Intermediate 2 Tue 19-May-2009 09:00 AM – 10:45 AM
Business Management Advanced Higher Tue 19-May-2009 01:00 PM – 03:45 PM
Administration Higher 1 Wed 20-May-2009 09:00 AM – 10:20 AM
Administration Higher 2 Wed 20-May-2009 10:40 AM – 12:00 PM
Tagged: exams, Revision, SQA September 16, 2008
Visit http://europa.eu/abc/12lessons/index_en.htm and read chapters 3, 4 and 5.
Tagged: AHBM September 15, 2008
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