Quiz
HSC Business Studies Quiz: 2013 Exam Paper
Perguntas do quiz (20)
1Which business function transforms raw materials and resources into finished goods or products?
- AFinance
- BHuman Resources
- CMarketing
- DOperations
2An overseas factory sells 200,000 teddy bears a year to toy stores across Australia. What type of market is the overseas factory targeting?
- AConsumer
- BIntermediate
- CNiche
- DResource
3A business places a job vacancy advertisement on its website. Which aspect of human resource management is this an example of?
- ADevelopment
- BMaintenance
- CRecruitment
- DSelection
4What does the expense ratio measure?
- AEfficiency
- BGrowth
- CProfitability
- DSolvency
5Acompany’s policy is to purchase from lowest cost suppliers regardless of their location. What is this policy an example of?
- AGlobal sourcing
- BGlobal branding
- CEconomies of scale
- DResearch and development
6Which of the following would immediately improve the working capital of a business?
- AIncreasing credit sales
- BUsing sale and lease back
- CPreparing a cash flow statement
- DRepaying debt to creditors more quickly
7Which of the following includes both an opportunity and a threat from a SWOT analysis?
- ALow interest rates and high gearing
- BLoyal employees and outdated technology
- CExcellent management and strong competition
- DStrong economic growth and increased tax rates
8What does a critical path identify?
- AThe lowest cost path to complete all tasks in a project
- BThe highest cost path to complete all tasks in a project
- CThe longest time required to complete all tasks in a project
- DThe shortest time required to complete all tasks in a project
9What is the most likely reason that a business would use price skimming?
- ATo encourage export sales
- BTo achieve market share quickly
- CTo gain high profits when demand is strong
- DTo reverse the decline stage of the product life cycle
10Which of the following would improve the financial position of a business?
- ALower current ratio and lower accounts receivable turnover ratio
- BHigher current ratio and lower accounts receivable turnover ratio
- CLower current ratio and higher accounts receivable turnover ratio
- DHigher current ratio and higher accounts receivable turnover ratio
11Sam 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?
- ASugging, which is illegal
- BSugging, which is legal but may be unethical
- CMisleading and deceptive advertising, which is illegal
- DMisleading and deceptive advertising, which is legal but may be unethical
12A 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?
- AOpinion leader
- BPersonal selling
- CPositioning
- DPublic relations
13Fulltime, permanent employees in Australia are generally entitled to four weeks annual leave. What is the legal basis for this?
- ACommon law
- BIndustry awards
- CNational Employment Standards
- DWorkplace health and safety legislation
14Which of the following includes two examples of transforming resources?
- AMaterials and energy
- BInformation and customers
- CTask design and technology
- DHuman resources and facilities
15Company XYZ allocates most of its marketing budget to advertising. What approach has XYZ adopted?
- ASelling approach
- BMarket approach
- CCustomer approach
- DProduction approach
16Auditors 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?
- ACapitalised expenses
- BDebt repayments
- CNormalised earnings
- DTiming issues
17Which of the following combinations would result in the lowest production cost per unit?
- ALimited customer contact, limited product variety and low volume
- BLimited customer contact, limited product variety and high volume
- CExtensive customer contact, extensive product variety and low volume
- DExtensive customer contact, extensive product variety and high volume
18A 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?
- AFirst-in-first-out
- BJust-in-case
- CJust-in-time
- DLast-in-first-out
19The 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?
- ASalesperson 1 is the least successful salesperson in the least successful region.
- BSalesperson 4 is the most successful salesperson in the least successful region.
- CSalesperson 7 is the least successful salesperson in the most successful region.
- DSalesperson 8 is the most successful salesperson in the most successful region.
20Which of the following is an example of developmental performance management?
- AReviewing the reward system for all employees
- BEvaluating an online payroll system for employees
- CImproving an individual employee’s leadership skills
- DCollecting data to manage the human resources function more effectively
Informações
- Descrição
- This Quiz provides the multiple choice questions and answers of the HSC Business Studies 2013 exams. Start practicing for your exam now!
- Autor
- Andrea Leyden
- Idioma
- English
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