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2015 Business Studies HSC Multiple Choice Flashcards | StudBud
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2015 Business Studies HSC Multiple Choice
2015 Business Studies HSC Multiple Choice
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2015 Business Studies HSC Multiple Choice
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
If activity
EC
is delayed and takes 6 days, by how long will the project be delayed?
3 days
17 days
0 days
6 days
2
Which is the best method for managing the stock of fresh milk in a supermarket?
First‑in‑last‑out
Last‑in‑first‑out
First‑in‑first‑out
Just‑in‑time
3
What is a source of new capital for a public company?
Primary market of the Australian Securities Exchange
Primary market of Aust Securities & Investments Commission
Secondary market of the Australian Securities Exchange
Secondary market of Aust Securities & Investments Commission
4
Which of the following is an example of a business using performance pay?
Lana is paid 5% above the level in her enterprise agreement
Jocelyn gets a gift voucher from her supervisor at Christmas
Daniella is paid penalty rates to work on a public holiday
Sam’s department is paid a bonus for meeting sales targets
5
Which of the following includes two examples of transforming resources?
Facilities and customers
Facilities and human resources
Materials and customers
Materials and human resources
6
Which stage of the marketing process would a business examine internal and external influences?
When identifying target markets
When developing its marketing strategies
When conducting a situational analysis
When establishing its marketing objectives
7
In what type of market do wheat farmers sell their products?
Niche
Industrial
Resource
Intermediate
8
Customers at a toy store are asked for their postcode at the checkout. This is an example of
Primary research to determine target market
Primary research to determine product life cycle
Secondary research to determine product life cycle
Secondary research to determine target market
9
The term
compliance costs
refers to expenses associated with meeting
competitor prices
legal requirements
supplier constraints
consumer demands
10
When pricing jobs, a plumber considers time and difficulty. Which pricing method is this?
Competition-based
Cost-based
Market-based
Customer-based
11
Which occurs during the acquisition stage of the human resources management process?
Developing a job description
Training
Induction
Conducting performance management
12
What is the length of the critical path for this project?
14 days
27 days
9 days
18 days
13
Which of the following is an example of publicity for a restaurant?
A review of the restaurant by a food critic on his blog
Offering free dessert for customers who spend over $100
Establishing a loyalty scheme that rewards regular diners
Changing the menu to include vegetarian dishes
14
A business wants to minimise the volume of waste. Which performance objective is it aiming for?
Cost
Customisation
Flexibility
Speed
15
What is a characteristic of external equity finance?
Fixed returns to owners
Specific maturity date
Low interest payments
Diluted business ownership
