Business Studies Marathon (2 Viewers)

[jimmysmith560]

Inspired by @Hivaclibtibcharkwa's Biology Marathon idea, a Business Studies marathon thread will allow students doing HSC Business Studies to consolidate their knowledge by posting their own questions for other students to attempt as well as answering questions posted by other students. The focus will be on multiple-choice and short answer questions dealing with all four HSC topics:

• Operations
• Marketing
• Finance
• Human resources

Everyone is encouraged to participate! I will post the first question:



I hope you find this thread of benefit!

 

[Wizjaro]

C?

 

[jimmysmith560]

C?

Yep!

 

[jimmysmith560]

Here's another one:

 

[Wizjaro]

Ooop not my school not being done with HR yet haha

 

[jimmysmith560]

Ooop not my school not being done with HR yet haha

Ahh whoops! We'll leave that question till later then!

You might want to try this one:



You're encouraged to submit your own questions as well!

 

[hellohowslife]

Here's another one:
View attachment 31532

D

 

[hellohowslife]

Ahh whoops! We'll leave that question till later then!

You might want to try this one:

View attachment 31533

You're encouraged to submit your own questions as well!

B

 

[jimmysmith560]

B

N.B: Wording with respect to the accounts receivable turnover ratio might be a bit tricky. With the accounts receivable turnover ratio, high turnover ratios indicate that the business has efficient debt collection.

D

N.B:

Overt industrial action is industrial whose purpose is highly visible and direct.

Covert industrial action is industrial action whose purpose is not highly visible and direct.

Examples of both types of industrial actions:

 

[immboredd]

Here's another one:
View attachment 31532

which paper is this from ?

 

[jimmysmith560]

which paper is this from ?

This is from the Sydney Boys High School 2014 trial paper

 

[Wizjaro]

Ahh whoops! We'll leave that question till later then!

You might want to try this one:

View attachment 31533

You're encouraged to submit your own questions as well!

B

 

[jimmysmith560]

B

Try posting a question to see if the others can answer it

 

[hellohowslife]

Wording with respect to the accounts receivable turnover ratio might be a bit tricky. I can see why you picked D. With the accounts receivable turnover ratio, high turnover ratios indicate that the business has efficient debt collection, making D an incorrect answer. The correct answer is B.



Strikes are actually one of the most overt forms of industrial action, making B an incorrect answer. The correct answer is D.

Overt industrial action is industrial whose purpose is highly visible and direct.

Covert industrial action is industrial action whose purpose is not highly visible and direct.

Examples of both types of industrial actions:

View attachment 31534

Lol I got them both right, you accidentally swapped my answers

 

[jimmysmith560]

Lol I got them both right, you accidentally swapped my answers

Apologies! Yes you're definitely correct! I'm blind today haha

I've adjusted my earlier post.

 

[jimmysmith560]

Here's a new question

 

[Wizjaro]

B?

 

[jimmysmith560]

B?

Correct!

 

[[Blank]]

Wow, if I did business, this would be very useful in my studies! Hope this gets a lot of traction!!
;D

 

[jimmysmith560]

Wow, if I did business, this would be very useful in my studies! Hope this gets a lot of traction!!
;D

Thanks Biology Master! This was inspired by your arch-enemy so I don't know how appreciative you'll be of this haha