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Unit 2, Outcome 1 Business Management revision Flashcards | StudBud
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Unit 2, Outcome 1 Business Management revision
Unit 2, Outcome 1 Business Management revision
15 terms
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StudBud Administration
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Revision for U2O1- Year 11 Business Management VCE
Flashcards
15 cards
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Practice quiz
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Host live
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Questions
15
Answers
1
Which of the following is NOT a benefit of a strong supplier relationship?
Access to longer, more favourable credit terms
Timely supplies = timely end customer service
Quality & Competitive inputs= quality & competitive product
Relationships are easy to develop and you can make friends
2
A customer database is a collection of...
customer info/data that helps businesses market online
reward points accrued from a customer's online purchases
info gathered secretly by marketers on particular people
information about a particular target market
3
Who administers Australia's taxation and superannuation systems?
ATO
ATX
ATSO
ATA
4
Which of the following is an example of ethical procurement?
More efficient due to streamlined processes &reduced waste
Improved reputation and goodwill
All of the above
Competitive advantage/ differentiation
5
The statement outlining tax due on earnings, GST and employee income tax contributions is:
Business Activity Statements (BAS)
Business Tax Statements (BTS)
Business Tax Summaries (BTS)
Business Activity Summaries (BAS)
6
A document of the processes, procedures & regulations of a business that create consistency
Mission Statement
Policy
Vision Statement
Procedure manual
7
OH&S legislation states that owners are obliged to...
respond to any physical workplace hazards
Have OH&S representatives on sight to reduce hazards
respond to ALL workplace hazards (phys., chem., behavioural)
proactively work to reduce ALL hazards as far as practicable
8
Under Australian Consumer Law, if someone buys a product with no available spare parts...
They have guaranteed right to a replacement only
They have guaranteed right to a replacement refund or repair
They have the right to purchased at a cheaper price
They have no right to refund unless damaged
9
Which legislation is designed to protect the rights of Australian consumers? (Previously TPA)
Australian Consumer Act 1975
Australian Consumer Act 2010
Competition & Consumer Act 2010
Competition & Consumer Act 1975
10
Which of the following is an example of a financial Internal Control system?
Segregation of duties
All of the above
Presentation & Disclosure of financial statements
Accuracy, Authorisation and Validity
11
In order to blitz this upcoming SAC, my study should involve:
Completing this Kahoot
All set tasks, diligent study & HARD WORK! Practice=Perfect!
Revising my w.book & preparing cue cards
Doing the revision crossword in my workbook and this Kahoot
12
Which of the following names would NOT have to be registered according to Bus Name Act 1962?
Hewitt & Co.
K Hewitt consulting
Hewitt Winery
Katherine Hewitt
13
What is the name of the OH&S legislation of Victoria?
OH&S Act 2006
WorkSafe Act 2006
WorkSafe Act 2004
OH&S Act 2004
14
Which of the following is NOT an example of a By-Law regulation?
Food Handling
OH&S
Building & Planning controls and zoning
Parking restrictions and trading hours
15
AusTrade are a:
The free Trade agreement between China and Australia
A Federal Gov't body responsible for imposing tariffs
Federal Gov't body supporting businesses looking to offshore
A Federal Gov't body responsible for setting import quotas
