HSC Business Studies Quiz: 2013 Exam Paper

Descripción

This Quiz provides the multiple choice questions and answers of the HSC Business Studies 2013 exams. Start practicing for your exam now!
Andrea Leyden
Test por Andrea Leyden, actualizado hace más de 1 año
Andrea Leyden
Creado por Andrea Leyden hace más de 10 años
1567
20

Resumen del Recurso

Pregunta 1

Pregunta
Which business function transforms raw materials and resources into finished goods or products?
Respuesta
  • Finance
  • Human Resources
  • Marketing
  • Operations

Pregunta 2

Pregunta
An overseas factory sells 200,000 teddy bears a year to toy stores across Australia. What type of market is the overseas factory targeting?
Respuesta
  • Consumer
  • Intermediate
  • Niche
  • Resource

Pregunta 3

Pregunta
A business places a job vacancy advertisement on its website. Which aspect of human resource management is this an example of?
Respuesta
  • Development
  • Maintenance
  • Recruitment
  • Selection

Pregunta 4

Pregunta
What does the expense ratio measure?
Respuesta
  • Efficiency
  • Growth
  • Profitability
  • Solvency

Pregunta 5

Pregunta
Acompany’s policy is to purchase from lowest­ cost suppliers regardless of their location. What is this policy an example of?
Respuesta
  • Global sourcing
  • Global branding
  • Economies of scale
  • Research and development

Pregunta 6

Pregunta
Which of the following would immediately improve the working capital of a business?
Respuesta
  • Increasing credit sales
  • Using sale and lease back
  • Preparing a cash flow statement
  • Repaying debt to creditors more quickly

Pregunta 7

Pregunta
Which of the following includes both an opportunity and a threat from a SWOT analysis?
Respuesta
  • Low interest rates and high gearing
  • Loyal employees and outdated technology
  • Excellent management and strong competition
  • Strong economic growth and increased tax rates

Pregunta 8

Pregunta
What does a critical path identify?
Respuesta
  • The lowest cost path to complete all tasks in a project
  • The highest cost path to complete all tasks in a project
  • The longest time required to complete all tasks in a project
  • The shortest time required to complete all tasks in a project

Pregunta 9

Pregunta
What is the most likely reason that a business would use price skimming?
Respuesta
  • To encourage export sales
  • To achieve market share quickly
  • To gain high profits when demand is strong
  • To reverse the decline stage of the product life cycle

Pregunta 10

Pregunta
Which of the following would improve the financial position of a business?
Respuesta
  • Lower current ratio and lower accounts receivable turnover ratio
  • Higher current ratio and lower accounts receivable turnover ratio
  • Lower current ratio and higher accounts receivable turnover ratio
  • Higher current ratio and higher accounts receivable turnover ratio

Pregunta 11

Pregunta
Sam is asked by a company to participate in a survey on home security. After a few questions, she is asked if she would like to purchase a burglar alarm from the company. What strategy is the company using?
Respuesta
  • Sugging, which is illegal
  • Sugging, which is legal but may be unethical
  • Misleading and deceptive advertising, which is illegal
  • Misleading and deceptive advertising, which is legal but may be unethical

Pregunta 12

Pregunta
A car company advertises its new luxury car as more exciting and fun to drive than its competitors’ cars. What strategy is the car company using?
Respuesta
  • Opinion leader
  • Personal selling
  • Positioning
  • Public relations

Pregunta 13

Pregunta
Full­time, permanent employees in Australia are generally entitled to four weeks annual leave. What is the legal basis for this?
Respuesta
  • Common law
  • Industry awards
  • National Employment Standards
  • Workplace health and safety legislation

Pregunta 14

Pregunta
Which of the following includes two examples of transforming resources?
Respuesta
  • Materials and energy
  • Information and customers
  • Task design and technology
  • Human resources and facilities

Pregunta 15

Pregunta
Company XYZ allocates most of its marketing budget to advertising. What approach has XYZ adopted?
Respuesta
  • Selling approach
  • Market approach
  • Customer approach
  • Production approach

Pregunta 16

Pregunta
Auditors have discovered that the value of legal fees paid has been included in the asset value of a new warehouse purchased by a business. What limitation of financial reports does this show?
Respuesta
  • Capitalised expenses
  • Debt repayments
  • Normalised earnings
  • Timing issues

Pregunta 17

Pregunta
Which of the following combinations would result in the lowest production cost per unit?
Respuesta
  • Limited customer contact, limited product variety and low volume
  • Limited customer contact, limited product variety and high volume
  • Extensive customer contact, extensive product variety and low volume
  • Extensive customer contact, extensive product variety and high volume

Pregunta 18

Pregunta
A businessis experiencing increasing costs for its stock over time. It is seeking to maximise its profit for the current financial period. Which strategy should it adopt to value its inventory?
Respuesta
  • First-­in­-first­-out
  • Just­-in­-case
  • Just-in-time
  • Last-in-first-out

Pregunta 19

Pregunta
The image on the right is an extract from the end of year marketing report for a business. Which of the following is suggested by the data?
Respuesta
  • Salesperson 1 is the least successful salesperson in the least successful region.
  • Salesperson 4 is the most successful salesperson in the least successful region.
  • Salesperson 7 is the least successful salesperson in the most successful region.
  • Salesperson 8 is the most successful salesperson in the most successful region.

Pregunta 20

Pregunta
Which of the following is an example of developmental performance management?
Respuesta
  • Reviewing the reward system for all employees
  • Evaluating an online payroll system for employees
  • Improving an individual employee’s leadership skills
  • Collecting data to manage the human resources function more effectively
Mostrar resumen completo Ocultar resumen completo

Similar

Forms of Business Ownership Quiz
Noah Swanson
Unit 3 Business Studies
Lauren Thrower
Contract Law
sherhui94
AQA Business Unit 1
lauren_binney
Digital Marketing Strategy - The Essentials
Micheal Heffernan
The Tempest
Dirk Weibye
What is Marketing?
Stephanie Natasha
Chapter 18 - Marketing mix(Product & Price)
irene floriane
Market Segementation
Noah Swanson
Discovery - HSC English
abby.slinger
Business Studies - AQA - GCSE - Business Studies Key Terms
Josh Anderson