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HSC Business Studies Syllabus Flashcards | StudBud
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HSC Business Studies Syllabus
HSC Business Studies Syllabus
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1
Which of the following is an influence on marketing?
Products
Ethical
Global marketing
ACCC
2
What is the second dot point under operations processes: outputs (customer service and----)?
Feedback
Transformed resources
Customers
Warranties
3
The four processes of HRM include: acquisition, ---, maintenance & separation.
Development
Leadership
Alignment
Growth
4
Human resources and facilities are what type of resources?
Transforming
Personnel
Strategic
Transformed
5
Which of the following is
not
an element of the promotions mix?
Advertising
Personal selling & Relationship marketing
Word of mouth
Sales promotions
6
Overdraft, commercial bills and factoring are?
Short-term (equity)
Long-term borrowing (debt)
Long-term (equity)
Short-term borrowing (debt)
7
The gross profit ratio measures?
Solvency
Profitability
Liquidity
Efficiency
8
Performance management is concerned with --- or administrative.
Feedback
Developmental
Strategic
Monetary
9
Fixed and variable, cost centres and expense minimisation are?
Profitability management cost controls
Working capital management control of current liabilities
Profitability management revenue controls
Working capital management control of current assets
10
Role of HRM involves outsourcing: ----- and -------?
HR functions and using contractors
HR functions and offshoring
Onshoring and offshoring
Using contractors and global
11
What influence does the government have on financial management?
ASX and superannuation funds
Banks and availability of funds
Economic outlook & interest rates
Company taxation & ASIC
12
Develop financial forecast, comparison of planned/actual results & revising marketing strategy?
Implementation, evaluation & decision
Comparing, implementing, evaluating
Implementation, monitoring & controlling
Defining, implementation and evaluating
13
Effectiveness of HRM indicators include: accidents, absenteeism, corporate culture, benchmark &
Disputation, WHS, leadership
Satisfaction, KPIs, accidents
Staff turnover, satisfaction, disputation
Satisfaction, disputation, WHS
14
The three operational inventory management strategies are?
LIFO, FIFO, JIT
JIT, LILO, Quality assurance
Quality assurance, LIFO, BAR
JIT, LIFO, LILO
15
The expense ratio measures?
Profitability
Liquidity
Solvency
Efficiency
16
Control of current assets as a working capital management strategy involves?
Factories, cash, assets
Cash, receivables, inventories
Goodwill, factories, inventories
Land, assets, cash
17
Social influences on HRM include?
EEO and anti-discrimination
WHS and ethics
Living standards and cost of living
Changing work patterns & living standards
18
Which strategy does economies of scale relate to?
Global factors
Quality management
Technology
Outsourcing
19
Derivatives, interest rates and exchange rates are?
Working capital management strategies
Profitability management strategies
Global financial management strategies
Cash flow management strategies
20
Normalised earnings, capitalising expenses, valuing assets, debt repayments etc are?
Comparative ratio anaylsis
Planning and implementation controls
Limitations of financial reports
Ethical issues
21
Profitability, growth, efficiency, liquidity and ---- are objectives of financial management.
Gearing
Equity
Factoring
Solvency
22
Psychological, sociocultural, economic and government are factors influencing?
Warranties
Consumer choice
Implied conditions
Sugging
23
Monitoring, ---- and improvement form part of the operations process?
Control
Defining
Evaluating
Technology
24
Which dot points relate to the
strategic role of operations management
?
Cost leadership, Good/service differentation
CSR, Enviromental sustainability
Interdependence of key business functions
Transformed resources, transforming resources
25
The debt to equity ratio measures?
Solvency
Liquidty
Efficiency
Profitability
26
Stakeholders, Legal, economic, social, ethics and ---- are influences on HRM.
CSR
Financial
Technological
Environmental
27
Intensive, selective and exclusive refer to which place/distribution strategy?
Supply chain management
Warehousing
Channel choice
Logistics
28
Which of the following is
not
a marketing approach under the role of marketing?
Consumer
Marketing
Production
Selling
29
Price points, penetration, skimming & --- are pricing strategies.
Loss leaders
Leaders who are lost.
Selling
Loans
30
In operations, CSR is concerned with the difference between ---- and ------?
Legal compliance and cost-based competition
Technology and quality expectations
Legal regulation and government policies
Legal compliance and ethical responsibility
31
The current ratio measures?
Efficiency
Profitability
Liquidity
Solvency
32
Which of the following is
not
a pricing method?
Price points
Market
Competition-based
Cost
33
Resource, industrial, intermediate, niche, mass and ? are types of markets.
Labour
Capital
Consumer
Finance
34
Identify the three components of the operations strategy - supply chain management.
Warehousing, e-procurement, cost
Logistics, e-commerce and global sourcing
Global sourcing, speed, warehousing
Speed, cost, quality
35
Retained profits are?
Intermediary source
Internal source of finance
External and internal source of finance
External source of finance
36
Under marketing process, situational analysis includes SWOT and --?
Identifying target markets
Developing marketing strategies
Market research
Product life cycle
37
Physical distribution issues include?
Transport, supply chain & ecommerce
Transport, warehousing & inventory
Inventory, transport & eprocurement
Supply chain, warehousing, cost
38
Quality management is concerned with control, ---- and -----?
Assurance and TQM
Kaizen and improvement
TQM, kaizen
Assurance and improvement
39
Decep. & mislead. advertising, price discrimination, implied conditions & warranties relate to?
Sugging
Factors influencing consumer choice
Ethics
Consumer laws
40
Quality, speed, dependability, flexibility, customisation & cost are which operation strategy?
Performance objectives
New product development
Task design
Supply chain management
41
Inputs, transformation and outputs fall under which section of the operations syllabus?
Influences
Strategies
Processes
Role
42
Product strategies are concerned with?
Standardisation & cost
Advertising & customisation
Channel choice & Publicity
Branding & packaging
43
Aside from private equity, what is the second source of external equity finance?
Ordinary shares
Loans
Mortgage
Overdraft
44
Distribution of payments, discounts for early payment and factoring are?
Working capital management strategies
Profitability management strategies
Cash flow management strategies
Global financial management strategies
45
Which of the following is
not
an operational influence?
Cost-based competition
Globalisation
Volume
Technology
46
Employment contract: common law, awards, enterprise agreements, other contracts and --?
Common law contracts
Minimum employment standards
Collective bargaining
WHS
47
Which of the following is not part of the transformation process? The influence of --?
Variation in demand
Velocity
Volume
Visibility
48
Recruitment strategy can be internal or external and ----- or ------?
General or specific groups
General or specific styles
General or specific tasks
General or specific skills
49
Long-term borrowing (debt) include mortgages, debentures, unsecured notes and ---?
Leasing
Factoring
Overdraft
Commercial bills
50
Workplace resolution involves: negotiation, courts, --- and ---?
Mediation & grievance procedures
Grievance procedures & HR management
Grievance procedures & negotiation
Mediation & disputes