1/19/2009

Outstanding homework BS, Economics and Sociology - parts 4, 5, 6 and 7 out of 28

Homework (Business Studies). Parts 4, 5, 6 and 7 out of 13.

Part 4: 

I have read this aricle about using an alternative of factoring - invoice discounting, where debts to supplier are paid but under the supervision of a bank manager. I didn't quite get it, but, as I see it, banks buy supplyer's goods with a discount and then sell it to a consumer at a full price. So, if a consumer doesn't pay, suppliers will still get money.. something like this. 

Part 5:

i dun like giving my coordinates to unknown websites like this.

Part 6:

I have tried listening to 49 minutes (!!!) podcast, but then understood that it's not necessary as I got the main idea right. So, this podcast was an interview with a successful blogger Alborz Fallah, who started with nothing, but now his blog is valued more than 5 million dollars. His CarsAdvice blog is really popular in Australia and even competes with some australian media giants! This guy earns a lot of money on this blog, and he does his blog despite he has a full-time job.

So, in this interview he was talking about differents things: what topic for blog to choose, how to blog successfully, some details and general advice..

but seriously, that guy earned some money just because he was paid by the guys who placed advertisements on his blog. I mean come on - car advice blog.. hey, it's just because all men are crazy about cars.. pff.

Part 7:

revised all the AQA BS Unit 1 on tutor2u BS blog here.

2 comments:

chris sivewright said...

". I didn't quite get it, but, as I see it, banks buy supplyer's goods with a discount and then sell it to a consumer at a full price. So, if a consumer doesn't pay, suppliers will still get money.. something like this. "

You think banks sell goods?

They buy INVOICES!

They are a b-a-n-k.

A relation?

http://grilledsteeze.files.wordpress.com/2008/07/jemini-the-gifted-one.jpg

Mary said...

yeah I mean invoices))