HSC Business Studies Multiple choice Quiz - Made from exact syllabus dot points

Question 1

Coca cola has redesigned it's labels, what marketing strategy is this?

Accepted Answer

Product

Question 2

where does recruitment lie in the HR Process?

Accepted Answer

Acquisition

Question 3

Frank bought a dishwasher to spend more time with family.What Factor is influencing his choice?

Accepted Answer

SocioCultural

Question 4

Which of the following is an example of price discrimination?

Accepted Answer

Offerin pensioners cheaper prices than non pensioners

Question 5

What is an example of visibility ?

Accepted Answer

Focus group, Subways cookie survey

Question 6

Woolies gets seek to find potential employees, what type of recruitment is this?

Accepted Answer

External

Question 7

Qantas wants to keep the machinery even though there is more efficient options, why ?

Accepted Answer

Cost of purchasing new equiptment

Question 8

Arnotts HR manager, must be allocated more funds for the maintenance of staff, this an eg of?

Accepted Answer

Interdependance

Question 9

Fuel is demanded in december, qantas avoids this, buying fuel in june, what strategy is this?

Accepted Answer

Hedging

Question 10

What is liquidity ?

Accepted Answer

Ability to meet short term financial objectives

Question 11

Dr Pepper developed a product,an advertising campaign has furthered sales by 9%,what PLC stage?

Accepted Answer

Growth

Question 12

tim tams have a process each package is assessed for quality, what quality management is this?

Accepted Answer

Control

Question 13

What is a strategy for improving working capital?

Accepted Answer

Sale and Lease Back

Question 14

Which of the following reasons for resistance to change is a financial cost to a business?

Accepted Answer

Re-organisation of plant layout

Question 15

Which is an effective strategy for a business which has a very high cost of labour?

Accepted Answer

Outsourcing

Question 16

What is the difference between Global sourcing and outsourcing?

Accepted Answer

Outsourcing is processes completed by other business

Question 17

Coca cola has new competition in their industry - sodalife, what is this in accordance to SWOT?

Accepted Answer

Threat

Question 18

How might the government influence the operations process?

Accepted Answer

Work Health and Safety legislation

Question 19

Which of the following is a political influence on global business operations?

Accepted Answer

Increases in tariffs paid on imports

Question 20

A Business negotiates orders with new overseas customer. Method of payment would be riskiest?

Accepted Answer

Open Account

Question 21

Which is the correct performance objectives for Operations Strategies

Accepted Answer

Quality, speed, dependability,flexibility,customisation,cost

Question 22

TeaTime is losing money due to increasing cost of importing materials,recommend a strategy

Accepted Answer

Supply chain management

Question 23

The DE Ratio in 2008 was 100%, and 2009 it was 75%. How has the financial position changed?

Accepted Answer

Improved solvency, Decreased risk

Question 24

What is the current Ratio for the business if current assets total 150K and c liabilities 100k?

Accepted Answer

1.5:1

Question 25

What is corporate social responsibility ?

Accepted Answer

Going above and beyond expected behaviour

Question 26

Which is NOT an influence of operations

Accepted Answer

efficiency

Question 27

Gatorade provides support for a regional sporting event, which marketing strategy is this?

Accepted Answer

Promotion

Question 28

Betty crocker paid paris hilton to assist in making an ad, what element of promotion is this?

Accepted Answer

Opinion Leader

Question 29

What is ONE method of international Payment ?

Accepted Answer

Payment in advance

HSC Business Studies Multiple choice Quiz - Made from exact syllabus dot points

Questions 29

HSC Business Studies Multiple choice Quiz - Made from exact syllabus dot points

Questions 29