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BusinessStudies
Totalmarks100
Section I
Pages26
20marks
AttemptQuestions120
Allowabout35minutesforthis section
GeneralInstructions
Readingtime5minutes
Workingtime3hours
Writeusingblackorblue pen
Blackpenispreferred
Drawdiagramsusing pencil
Boardapproved calculators may
beused
Section II
Pages916
40marks
AttemptQuestions2125
Allowabout1hourand15minutesforthissection
Section III
Page17
20marks
AttemptQuestion26
Allowabout35minutesforthissection
Section IV
Page18
20marks
AttempteitherQuestion27orQuestion28
Allowabout35minutesforthissection
1180
SectionI
20marks
AttemptQuestions120
Allowabout35minutesforthissection
UsethemultiplechoiceanswersheetforQuestions 120.
Which business function transforms raw materials and resources into finished goods or
products?
(A) Finance
(B) Humanresources
(C) Marketing
(D) Operations
Anoverseasfactorysells200 000teddybearsayeartotoystoresacrossAustralia.
Whattypeofmarketistheoverseasfactorytargeting?
(A) Consumer
(B) Intermediate
(C) Niche
(D) Resource
Abusinessplacesajobvacancyadvertisementonitswebsite.
Whichaspectofhumanresourcemanagementisthisanexampleof?
(A) Development
(B) Maintenance
(C) Recruitment
(D) Selection
Whatdoestheexpenseratiomeasure?
(A) Efficiency
(B) Growth
(C) Profitability
(D) Solvency
Acompanyspolicyistopurchasefromlowestcostsuppliersregardlessoftheirlocation.
Whatisthispolicyanexampleof?
(A) Globalsourcing
(B)
Globalbranding
(C)
Economiesofscale
(D) Researchanddevelopment
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(C)
WhichofthefollowingincludesbothanopportunityandathreatfromaSWOTanalysis?
(A) Low interest rates and high gearing
(B)
(C)
(C)
What is the most likely reason that a business would use price skimming?
(A) To encourage export sales
(B)
(C)
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Whichofthefollowingwouldimprovethefinancialpositionofabusiness?
(A) Lowercurrentratioandlower accounts receivableturnover ratio
(B) Higher current ratio and lower accounts receivable turnover ratio
(C) Lower current ratio and higher accounts receivable turnover ratio
(D) Higher current ratio and higher accounts receivable turnover ratio
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12
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?
(A) Opinion leader
(B) Personal selling
(C) Positioning
(D) Public relations
13
Fulltime,permanentemployeesinAustraliaaregenerallyentitledtofourweeksannual
leave.
Whatisthelegalbasisforthis?
(A) Commonlaw
(B) Industryawards
(C) NationalEmploymentStandards
(D) Workplacehealthandsafetylegislation
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Whichofthefollowingincludestwoexamplesoftransformingresources?
(A) Materialsandenergy
(B) Informationandcustomers
(C) Taskdesign and technology
(D) Human resources and facilities
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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?
(A) Capitalised expenses
(B) Debt repayments
(C) Normalised earnings
(D) Timing issues
17
Whichofthefollowingcombinationswouldresultinthelowestproductioncostperunit?
(A) Limited customer contact, limited product variety and low volume
(B) Limited customer contact, limited product variety and high volume
(C) Extensive customer contact, extensive product variety and low volume
(D) Extensive customer contact, extensive product variety and high volume
18
A business is experiencing increasing costs for its stock over time. It is seeking to
maximiseitsprofitforthecurrentfinancialperiod.
Whichstrategyshoulditadopttovalueitsinventory?
(A) Firstinfirstout
(B) Justincase
(C) Justintime
(D) Lastinfirstout
19
The following is an extract from the end of year marketing report for a business.
Planned
sales
($)
Actual
sales
($)
RegionA
Salesperson1
Salesperson2
Salesperson3
1200000
1 000 000
RegionB
Salesperson4
Salesperson5
Salesperson6
1 000 000
RegionC
Salesperson7
Salesperson8
Salesperson9
800 000
Variance
from target
(%)
25
50
25
1 000 000
50
50
75
1 000 000
33
50
0
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BoardofStudiesNSW2013
BusinessStudies
CentreNumber
SectionII
40marks
AttemptQuestions2125
Allow about 1 hour and 15 minutes
forthissection
StudentNumber
Pleaseturnover
OfficeUseOnly DoNOTwriteanything,ormakeanymarksbelowthisline.
1181
15040
6120310036
Question21 (8marks)
(a)
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(b) Discuss ONE dispute resolution method a business could use to resolve
workplaceconflict.
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7790310030
Question22(8marks)
MK Pty Ltd is a successful chain of frozen yoghurt stores with low gearing. The
owners are planning to take over a smaller chain which has poor human resource
management.
(a)
Outline TWO indicators MK Pty Ltd could use to assess the effectiveness of
humanresourcemanagementafterthetakeover.
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(b) DiscussONEsourceoffinancetofundthetakeover.
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2396310037
Question23(9marks)
Caseyownsandoperatesanindependentdiscountfuelandconveniencestore.
(a)
Outline ONE way that ecommerce could assist Casey with supply chain
management.
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(b)
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IssupplychainmanagementimportanttoCaseysbusiness?Justifyyouranswer.
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6785310033
(c)
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Question24(7marks)
An Australianowned business manufactures bicycles in China and sells them to
wholesalersinFrance.Thesewholesalersdonotpayinadvance.
(a)
DescribeONEmethodofpaymentthebusinesscouldusetoensurethatitreceives
paymentforthesales.
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(b) How could this business protect itself against a change in the value of the
Australiandollarrelativetoanothercurrency?
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2070310036
Question25(8marks)
RobinandPatareplanningtoestablishasportinggoodsbusiness.Theyhavedecided
toadoptanichemarketapproachtomaximiseprofits.
(a)
OutlineONEmethodthatcouldbeusedbythisbusinesstocollectrelevantdata
aboutitstargetmarket.
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Evaluatetheirdecisiontoadoptanichemarketapproach.
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14
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2491310033
(b)
SectionIIExtrawritingspace
Ifyouusethisspace,clearlyindicatewhichquestionyouareanswering.
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0674310034
SectionIIExtrawritingspace
Ifyouusethisspace,clearlyindicatewhichquestionyouareanswering.
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BoardofStudiesNSW2013
OfficeUseOnly DoNOTwriteanything,ormakeanymarksbelowthisline.
4262310031
______________________________________________________________________________
BusinessStudies
SectionIII
20marks
AttemptQuestion26
Allowabout35 minutesforthissection
AnswerthequestionintheSection IIIWritingBooklet.Extrawritingbookletsareavailable.
Inyouransweryouwillbeassessedonhowwellyou:
demonstrate knowledge and understanding relevant to the question
apply the hypothetical business situation
communicate using relevant business terminology and concepts
present a sustained, logical and cohesive response in the form of a business report
Question26(20marks)
Kingland Office Supplies operates in a large NSW city in a highly competitive
market.Apaidmanagerisresponsibleforthedaytodayrunningofthebusiness.
Theownersareconcernedaboutthelowprofitabilityofthebusiness.
Investigationsbytheownersindicatethefollowingproblems:
customers find the product mix unappealing
poor management of cash flow
poor accounts receivable turnover compared to similar businesses.
The manager has also identified low prices offered by larger competitors as a
cause of the low profitability.
You have been employed as a consultant by the owners. Write a report to the owners
recommending marketing and financial management strategies to improve the performance of
thebusiness.
Pleaseturnover
1182
17
SectionIV
20marks
AttempteitherQuestion27orQuestion28
Allowabout35 minutesforthissection
AnswerthequestionintheSection IVWritingBooklet.Extrawritingbookletsareavailable.
Inyouransweryouwillbeassessedonhowwellyou:
demonstrate knowledge and understanding relevant to the question
apply relevant business case study/studies and contemporary business issues
communicate using relevant business terminology and concepts
present a sustained, logical and cohesive response
Question27(20marks)
Assessstrategiesthatmanagementmayusetorespondtoinfluencesonoperations.
OR
Question28(20marks)
Assessstrategiesthatmanagementmayusetorespondtokeyinfluencesonhumanresources.
Endofpaper
18
BoardofStudiesNSW2013