Section I - Multiple Choice (6 Viewers)

[wavecrush91]

Re: Business Studies Section I: Multiple Choice

indeed it was.. i found it using process of elimination.. the others were just stupid!

does anyone know the choices for this. q4. legal responsibility to customers

 

[Rainie]

Re: Business Studies Section I: Multiple Choice

I reckon Question 4 was D.

 

[d3vilz]

Re: Business Studies Section I: Multiple Choice

this is what i had.

1. C
2. D
3. B
4. D
5. D
6. B
7. A
8. B
9. C
10. A
11. D
12. D
13. C
14. A
15. D
16. B
17. D
18. B
19. C
20. C

 

[Lucause]

Re: Business Studies Section I: Multiple Choice

the lady let me keep the question booklet..
is that normal??

 

[DanT]

Re: General Thoughts: Business Studies

c
d
b
d
d
b
a
b
c
a
a
d
c
a
b
a
d
b
c
c

I think I might've messed up abit but anyway:

1. C
2. D
3. B
4. D
5. D
6. B
7. A
8. B
9. C
10. A
11. A
12. D
13. C
14. A
15. B
16. A
17. D
18. B
19. C
20. C

 

[tipsynaruto]

Re: Business Studies Section I: Multiple Choice

Yup. it is. i got mine.

 

[d3vilz]

Re: Business Studies Section I: Multiple Choice

I reckon Question 4 was D.

its "D" because under the OH&S laws, they must provide a safe working environment and they have a duty of care to patrons/customers that they dont injure themselves whilst in the premises

 

[La Bomba]

Re: Business Studies Section I: Multiple Choice

17 im sorry to say is A: Transfering funds to tax havens. look at ur syalbus global.

 

[idge]

Re: Business Studies Section I: Multiple Choice

17 im sorry to say is A: Transfering funds to tax havens. look at ur syalbus global.

No, because it said ethical, and transferring funds to tax havens is unethical. The answer was D - independently audit accouts. I got this wrong but I understand why D is correct. Independently is just a confusing word for saying external auditors.

 

[Benskies]

Re: Business Studies Section I: Multiple Choice

yeah sorry la bomba, 17 was most definately D. i think maybe you read the question as saying "unethical"?

 

[bayan92]

Re: Business Studies Section I: Multiple Choice

My answers with reasons:

1. c - age bracket given
2. d - only one with two that are not secret
3. b - just is
4. d - the others are just courtesy/ethical NOT legal
5. d - trick question (similar one seen before)
6. b - mediator
7. a - other are just not methods of expansion
8. b - only one with teams in it
9. c - copyright infringement
10. a - all others are internal
11. a - the Australian business is EXPORTING so payment in advance would be GOOD
12. d - lest debt therefore less risk
13. c - others are irrelevant/measures of effective ER
14. a - work it out
15. b - gp goes up, expenses goes down
16. a - others irrelevant/horizontal integration
17. d - other are ALL unethical
18. b - other are not political they are social/cultural, tech, financial
19. c - others dont cost the EMPLOYERS
20. c - other don't involve the government (OHS is a state gov law)

Correct me if you think I am wrong.

 

[ninjas]

Re: Business Studies Section I: Multiple Choice

lmaoooo yehh man it was trick question because it was at start of test and the 15-20 age group was to make ppl think yep niche, thatz why ppl stil cant realise it now, ive tried to explain but they don't get the point. they targeted it to 15-20 year olds, but jewlerry in general appeals to a large market, and hence they are not differentiating it to go to 15-20 yr olds as anyone can get their hands on it. ferrari is a niche market because only a select few people can afford a ferrari. for it to be part of a niche market it needs to have a differentiating feature that makes specific people want it. case closed

hey douche ur arguement on the ferrari is stupid, magazines (eg.bodybuilding) appeal to niche markets, but everyone can afford them

and u have no idea on what type of jewellery it is so u cant comment on the product that its a "mass product". if they made the jewellery to appeal to teens do u think children, middle aged adults, elderly will buy it? and BECOS jewellery is normally sold to ALL ppl, the fact they are targeting 15-20 yr olds doesnt that imply they are tryna find a smaller market?

the answer may be consumer or niche, but ur stupid if u think its as clear cut as u think

 

[trim77]

Re: Business Studies Section I: Multiple Choice

i stuffed qn1 and put Intermediate.. oh dear

 

[La Bomba]

Re: Business Studies Section I: Multiple Choice

i just strongly believe it is consumer

 

[bayan92]

Re: Business Studies Section I: Multiple Choice

17 im sorry to say is A: Transfering funds to tax havens. look at ur syalbus global.

How can it be A when they are avoiding tax??
The countries they go to often need to money collected from tax to help them in development.

You seemed to be trying to cut people but you need evidence (aka syllabus, quote from textbook, similar question) if you want to lol

 

[La Bomba]

Re: Business Studies Section I: Multiple Choice

i believe transfer pricing can be unethical, but if done properly it is ethical busines practice.

 

[La Bomba]

Re: Business Studies Section I: Multiple Choice

How can it be A when they are avoiding tax??
The countries they go to often need to money collected from tax to help them in development.

You seemed to be trying to cut people but you need evidence (aka syllabus, quote from textbook, similar question) if you want to lol

"Ethical Practice- tax havens and transfer pricing"

 

[AlexJB]

Re: Business Studies Section I: Multiple Choice

Independent auditing is clearly the answer. Shouldn't even be debating it.

In all honesty for question 1, how many 15-20 year old males go out and buy jewelery? It would be an extremely small amount. And 15-20 year old females may go out and buy it, but most of those would be buying jewelery that 20-30 year olds would be buying, or a lot of other ages. That fact that the company was targeting 15-20 year olds is a small minority of the entire market, and therefore the product would have to be specialised, hence the market should be niche.

 

[ninjas]

Re: Business Studies Section I: Multiple Choice

so what wuld u guys have put for ques 1 if instead of 15-20 it was say...70-75 yr olds. Its different to an extent but pretty much same concept

 

[bayan92]

Re: Business Studies Section I: Multiple Choice

"Ethical Practice- tax havens and transfer pricing"

This is from a Jacaranda textbook:

·[FONT=&quot] [/FONT]Businesses have a responsibility to operate ethically in a host country.

·[FONT=&quot] [/FONT]Ethical issues usually result from variations in laws between countries.

·[FONT=&quot] [/FONT]Some transnationals have abused their market power, especially in developing countries.

·[FONT=&quot] [/FONT]Unethical global business practices.
1. Tax havens and transfer pricing:

Business practice​

Explanation​

Tax haven

Countries that impose little or no company tax. The main role is to provide a business with the means to avoid or minimise their taxation liability so as to maximise their after-tax profit.