ATAR Notes: Forum
Archived Discussion => Humanities Exams => HSC Exam Discussion 2016 => Exam Discussions => New South Wales => Business Studies Exam Discussion => Topic started by: jamonwindeyer on October 28, 2016, 01:21:47 pm
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What did we think of that exam? Easy or hard? Glad af that it's over?
We've uploaded a copy of the exam if you wanted to check the questions with the answers.
Multiple Choice
1) D
2) D
3) C
4) C
5) C
6) D
7) A
8 ) B
9) C
10) A
11) B
12) B
13) D
14) C
15) C
16) A
17) C
18) D
19) A
20) B
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What did we think of that exam? Easy or hard? Remember to take a peek at a copy of the exam here! ;D
It was fair! Nothing unexpected.
Good multiple choice (though, I'm not gonna lie, I found 2-3 a bit.... ah... testing?)
Short answer was sweet.
THE BUSINESS REPORT. Nightmarish. Probably because I have always struggled to understand finance concepts
Extended response was surprisingly very nice.
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Can someone lend us their answers for the multiple choice section, and we'll get them corrected and up for people to check theirs with!
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1) D
2) D
3) C
4) C
5) C
6) D
7) A
8) A
9) C
10) A
11) B
12) B
13) C
14) C
15) C
16) A
17) C
18) D
19) A
20) B
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1) D
2) D
3) C
4) C
5) C
6) D
7) A
8) A
9) C
10) A
11) B
12) B
13) C
14) C
15) C
16) A
17) C
18) D
19) A
20) B
YESSS MATE
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These were my answers
1. B
2. D
3. C
4. C
5. B
6. D
7. A
8. B
9. C
10. A
11. B
12. B - Could be A but I saw it as ‘acceptable’ so answered B
13. D
14. C
15. C
16. A
17. C
18. D - not sure about this one
19. A
20. B
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Great work guys!! Welcome to the forums ;D
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These were my answers
1. B
2. D
3. C
4. C
5. B
6. D
7. A
8. B
9. C
10. A
11. B
12. B - Could be A but I saw it as ‘acceptable’ so answered B
13. D
14. C
15. C
16. A
17. C
18. D - not sure about this one
19. A
20. B
Legend. What did you think about the rest of the paper?
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Found the short answers very agreeable, required more knowledge of the content/syllabus than any significant ability to apply it. I feel many will feel a little snubbed by the limitations of financial reporting part of the business report, given it's a section of the syllabus that tends to get ignored, but luckily I had looked at it the day before. So yeah the business report was pretty nice too.
Extended response was less appealing imo, the right balance between discussing responses (strategies) and influences was difficult to find, but at least the question gave a fair bit to talk about. Unfortunately I was more familiar with Operations influences and more familiar with HR strategies, so my response was a little meh as I chose operations, but hopefully it should be ok.
All in all a nice test, easier than the CSSA trial for sure!
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Found the short answers very agreeable, required more knowledge of the content/syllabus than any significant ability to apply it. I feel many will feel a little snubbed by the limitations of financial reporting part of the business report given it's a section of the syllabus that tends to get ignored, but luckily I had looked at it the day before. So yeah the business report was pretty nice too.
Extended response was less appealing imo, the right balance between discussing responses (strategies) and influences was difficult to find, but at least the question gave a fair bit to talk about. Unfortunately I was more familiar with Operations influences and more familiar with HR strategies, so my response was a little meh as I chose operations, but hopefully it'll be ok.
All in all a nice tests, found it easier than the CSSA trial for sure!
Aha that's awesome! Honestly, it sounds like you smashed it :)
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Would question 7 not be sociocultural because its his social class which influences his buying behaviour
just for reference
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Would question 7 not be sociocultural because its his social class which influences his buying behaviour
just for reference
Cheers, glad to see I got it right then ;D
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Question 1 is D
The ACCC is Australia’s peak consumer protection and competition agency. The ACCC is an independent statutory government authority serving the public interest. Most of the ACCC’s enforcement work is conducted under the provisions of the Competition and Consumer Act 2010 (the Act).
This is from a government website!!!
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Question 1 is A
The ACCC is Australia’s peak consumer protection and competition agency. The ACCC is an independent statutory government authority serving the public interest. Most of the ACCC’s enforcement work is conducted under the provisions of the Competition and Consumer Act 2010 (the Act).
This is from a government website!!!
Would this imply that the answer is D?
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Question 1 is A
The ACCC is Australia’s peak consumer protection and competition agency. The ACCC is an independent statutory government authority serving the public interest. Most of the ACCC’s enforcement work is conducted under the provisions of the Competition and Consumer Act 2010 (the Act).
This is from a government website!!!
Do you mean D?
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Question 1 is A
The ACCC is Australia’s peak consumer protection and competition agency. The ACCC is an independent statutory government authority serving the public interest. Most of the ACCC’s enforcement work is conducted under the provisions of the Competition and Consumer Act 2010 (the Act).
This is from a government website!!!
From my understanding, the main Australian Consumer Law is the Consumer and Competition Act 2010 which encompasses implied conditions such as merchantable quality, fit for purpose etc and also covers warranty ( havent revised my consumer law yet i could be wrong on this )
Therefore wouldnt D be correct ?
The Corporations Act 2001 is ASIC, and the ACCC is an independent statutory body that enforces the Consumer and Competition Act 2010.
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overall a good exam....
for 7 i put D because i thought that because they referred to him as a "low income earner" that it fell under social class therefore i put sociocultural.....not sure if im right
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These are correct according to my bus studies teacher who is previous hsc marker, and is what i got too:
1) D
2) D
3) C
4) C
5) C
6) D
7) A
8) B
9) C
10) A
11) B
12) B
13) D
14) C
15) C
16) A
17) C
18) D
19) A
20) B
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These are correct according to my bus studies teacher who is previous hsc marker, and is what i got too:
1) D
2) D
3) C
4) C
5) C
6) D
7) A
8) B
9) C
10) A
11) B
12) B
13) D
14) C
15) C
16) A
17) C
18) D
19) A
20) B
What is the reasoning behind 7?
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In the textbook Cambridge Studies 3rd, for economic factors influencing customer choice it has stuff about socioeconomic status and income so
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These are correct according to my bus studies teacher who is previous hsc marker, and is what i got too:
1) D
2) D
3) C
4) C
5) C
6) D
7) A
8) B
9) C
10) A
11) B
12) B
13) D
14) C
15) C
16) A
17) C
18) D
19) A
20) B
Legend
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What is the reasoning behind 7?
Due to his economic circumstances he cannot afford to purchase clothing that isn't discounted (which is represented by his 'low-income earning')
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I FEEL GOOD BOYS, i'll be devo with anything under 95 raw xd
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Nah pre sure 1 is D
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I FEEL GOOD BOYS, i'll be devo with anything under 95 raw xd
the man himself, killed it
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From the Business in Actions textbook, economic factors refer to the level of economic growth e.g boom or bust and is more general, furthermore under socialcultural book has social class as one of the options, i pasted the thing above
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I dont think 7 is A ... Isn't income a sociocultural factor?
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What did we think of that exam? Easy or hard? Glad af that it's over?
We've uploaded a copy of the exam if you wanted to check the questions with the answers.
Multiple Choice
1) D
2) D
3) C
4) C
5) C
6) D
7) A
8 ) B
9) C
10) A
11) B
12) B
13) D
14) C
15) C
16) A
17) C
18) D
19) A
20) B
Reasoning behind 8 please
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From the Business in Actions textbook, economic factors refer to the level of economic growth e.g boom or bust and is more general, furthermore under socialcultural book has social class as one of the options, i pasted the thing above
Sociocultural is about their culture and beliefs and values, has nothing to do with income, even if textbook says
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I dont think 7 is A ... Isn't income a sociocultural factor?
I think so too
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Operations cause stock, marketing because they have grand opening of 5 retail stores, so obvs have to make it pretty and decorate it and make it known to the public
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Operations cause stock, marketing because they have grand opening of 5 retail stores, so obvs have to make it pretty and decorate it and make it known to the public
How do they obtain that extra stock without funding from the finance sector?
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Q 13 is C
It has nothing to do with opinion leaders. An as the company is handing out samples this refers to customisation!!
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How do they obtain that extra stock without funding from the finance sector?
it's a dodgy q but with the information they provided its B
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Sociocultural is about their culture and beliefs and values, has nothing to do with income, even if textbook says
Sociocultural is a mixture of social and cultural influences, social influence would be their social status and cultural influence would be their cultural upbringing etc
Economic would make sense, but how the textbook presents it is more the level of economic activity within the nation and its impact on the general population. E.g if you have a boom, you have more demand for goods which leads to an increase in purchases and vice versa for a recession. Also, economic from what i understand as an influence is more affecting the economy as a whole not individual circumstances
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Q 13 is C
It has nothing to do with opinion leaders. An as the company is handing out samples this refers to customisation!!
Its D. They are online makeup bloggers thereby they influence others
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Sociocultural is a mixture of social and cultural influences, social influence would be their social status and cultural influence would be their cultural upbringing etc
Economic would make sense, but how the textbook presents it is more the level of economic activity within the nation and its impact on the general population. E.g if you have a boom, you have more demand for goods which leads to an increase in purchases and vice versa for a recession. Also, economic from what i understand as an influence is more affecting the economy as a whole not individual circumstances
I agree too !!
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I have both textbooks open right now, under economic is income for Cambridge, under social is income for Business in Action. lol.....
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Q 13 is C
It has nothing to do with opinion leaders. An as the company is handing out samples this refers to customisation!!
Can you explain how it is customisation? From my understanding, customisation refers to the customisation of the good, whilst opinion leaders refer to the opinion leaders is one that has influence over another, e.g bloggers who have a large following
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Can you explain how it is customisation? From my understanding, customisation refers to the customisation of the good, whilst opinion leaders refer to the opinion leaders is one that has influence over another, e.g bloggers who have a large following
'A beauty company sends samples of its "NEW" lip balm, new product, customised lip balm
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Can you explain how it is customisation? From my understanding, customisation refers to the customisation of the good, whilst opinion leaders refer to the opinion leaders is one that has influence over another, e.g bloggers who have a large following
D bro chill
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'A beauty company sends samples of its "NEW" lip balm, new product, customised lip balm
But youre ignoring the blogger aspect of the question which is used to market the "NEW" lip balm
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I have both textbooks open right now, under economic is income for Cambridge, under social is income for Business in Action. lol.....
Yeh but economic, is more to do with the economic situation that affects the individual. But in the question it just says low income earner, which can be seen in social class in sociocultural
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But youre ignoring the blogger aspect of the question which is used to market the "NEW" lip balm
Sounds like a pretty contentious question aha, bloody BOSTES
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Honestly I f***ed up. Exam was okay but I'm so stupid I didn't realise taht response=strategies so I just put the influence and like any response I made up from my head how many marks am I going to lose ? Am I gonna get 10/20?
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Honestly I f***ed up. Exam was okay but I'm so stupid I didn't realise taht response=strategies so I just put the influence and like any response I made up from my head how many marks am I going to lose ? Am I gonna get 10/20?
Oh. i did the same but i feel if they wanted strategies they would have specified, i dont believe BOSTES would make the question unclear, so as long as ur "responses" makes sense to what youre arguing then it should be fine i assume
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Bro it's bostes as if they'd be so kind😂😂 and pre much everyone I've talked to said they used strategies I guess it was implied like duh you're supposed to use it , sorry I'm like venting I'm just super annoyed at myself
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Hey everyone,
Sorry I'm a bit late to the party, was drowning my sorrows in cookies I just bought from coles :)
How did everyone find the exam? I thought that some sections were quite challenging; I was really surprised when the business stimulus was an extract from a balance sheet. I also wasn't sure how to integrate the ratios they gave us as well. Did anyone have any ideas on how to do that?
Short answer was very different to most years, mainly focused on the learn to dot points and required much more interpretation and recommendation than previous exams.
I struggled a bit through multiple choice, whilst everyone else I talked to said it was easy; how did you guys go??
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Hey everyone,
Sorry I'm a bit late to the party, was drowning my sorrows in cookies I just bought from coles :)
How did everyone find the exam? I thought that some sections were quite challenging; I was really surprised when the business stimulus was an extract from a balance sheet. I also wasn't sure how to integrate the ratios they gave us as well. Did anyone have any ideas on how to do that?
Short answer was very different to most years, mainly focused on the learn to dot points and required much more interpretation and recommendation than previous exams.
I struggled a bit through multiple choice, whilst everyone else I talked to said it was easy; how did you guys go??
Pretty sure you did fine Issac! MC was relatively fine for me other than the two being contested ( the low income and the shop opening one ), Short answer was relatively fine as well, found business report easy and im not sure how i went for the essay
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Hey everyone,
Sorry I'm a bit late to the party, was drowning my sorrows in cookies I just bought from coles :)
How did everyone find the exam? I thought that some sections were quite challenging; I was really surprised when the business stimulus was an extract from a balance sheet. I also wasn't sure how to integrate the ratios they gave us as well. Did anyone have any ideas on how to do that?
Short answer was very different to most years, mainly focused on the learn to dot points and required much more interpretation and recommendation than previous exams.
I struggled a bit through multiple choice, whilst everyone else I talked to said it was easy; how did you guys go??
Straightforward exam imo :D
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Hey everyone,
Sorry I'm a bit late to the party, was drowning my sorrows in cookies I just bought from coles :)
How did everyone find the exam? I thought that some sections were quite challenging; I was really surprised when the business stimulus was an extract from a balance sheet. I also wasn't sure how to integrate the ratios they gave us as well. Did anyone have any ideas on how to do that?
Short answer was very different to most years, mainly focused on the learn to dot points and required much more interpretation and recommendation than previous exams.
I struggled a bit through multiple choice, whilst everyone else I talked to said it was easy; how did you guys go??
Now that I think about it, I never referred to profit and expense ratio oops....
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what is a diverse and culturally competent workforce? and what are the advantages of having one?
also what was a conflict between the short term and long term financial objectives?
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what is a diverse and culturally competent workforce? and what are the advantages of having one?
also what was a conflict between the short term and long term financial objectives?
Culturally competent - Allows the business to expand into international markets if they wish. (better communication with foreign clients). Diverse - Combination of new ideas, ---> teamwork --> productivity and morale. Short term - Less cash flow because cash is used to buy stock which hurts liquidity. Long term - Needs to buy stock to fuel growth in demand and thus the financial growth of the business. At least that is what i wrote
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what is a diverse and culturally competent workforce? and what are the advantages of having one?
also what was a conflict between the short term and long term financial objectives?
These were both tiny dot points in the learn to sections which are rarely ever discussed in class (I know I didn't go through it) the first one isn't talked about much in the textbook, the second one is.
Diverse and culturally competent refers to the employees of different cultures, socio economic status', abilities, ages, genders; but all are learned in different cultures. This is advantageous as they are culturally aware and able to overcome issues that might hinder other business' such as language barriers, cultural appropriateness. Further, they have insight into that specific market, enabling an easier transition to operate in that market, as well as insight into how to best promote and appeal to the target market. Also, a diverse workforce is theoretically more dynamic, coming from different backgrounds and is often a goal of businesses to show that they are ethically responsible and not discriminating against potential employees, making them a popular place to work; making their business more appealing to people looking for work, hence a larger and possibly more diverse/creative/dynamic candidate pool.
The conflict between short and long term objectives is that in the short term, is that you may have to sacrifice something in the short term to achieve something in the long term. E.g. to increase profit in the long term, you must increase costs and minimise profits in the short term by advertising, investing into more outlets, buying stock, recruiting staff in order to create growth in market share in the short term. This will enable higher sales in the long term and thus achieve long term profitability, even though costs were incurred in the beginning.
If only I could have thought like this in the exam... Hope this helps :)
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Honestly I f***ed up. Exam was okay but I'm so stupid I didn't realise taht response=strategies so I just put the influence and like any response I made up from my head how many marks am I going to lose ? Am I gonna get 10/20?
WAIT A MINUTE. WE WERE SUPPOSED TO USE OPERATION STRATEGIES AND INFLUENCES FOR THE S4 OPS QUESTION?
I was the only one in my class who did this, the rest just used operation influences... so i thought i did it wrong
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WAIT A MINUTE. WE WERE SUPPOSED TO USE OPERATION STRATEGIES AND INFLUENCES FOR THE S4 OPS QUESTION?
I was the only one in my class who did this, the rest just used operation influences... so i thought i did it wrong
Idk about supposed to, but I did what you did as well
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i did operation influences and stratergies
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WAIT A MINUTE. WE WERE SUPPOSED TO USE OPERATION STRATEGIES AND INFLUENCES FOR THE S4 OPS QUESTION?
I was the only one in my class who did this, the rest just used operation influences... so i thought i did it wrong
I wasn't sure if we had to explicitly say strategies or mention them. I think I may have accidentally mentioned them, I didn't plan to but I just said how some businesses responded. They weren't textbook or syllabus strategies since I made them up and they sounded ridiculous but I just explained what I thought a business should do. Also note that you had to evaluate, so you had to have a judgement on how well a business responded to it, no use having a strategy and explaining it if you didn't say that it works
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I got all the same but for 7 I put d, because I thought something like a recession changing spending would be economic, but income bracket is more related to socio-economic group? Idk
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Asking one of the moderators here for confirmation. Say I didn't explicitly say strategies but did most of the operations influence, will I lose a lot of marks for the essay?
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Asking one of the moderators here for confirmation. Say I didn't explicitly say strategies but did most of the operations influence, will I lose a lot of marks for the essay?
*waits for isaac*
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Hey everyone,
Sorry I'm a bit late to the party, was drowning my sorrows in cookies I just bought from coles :)
How did everyone find the exam? I thought that some sections were quite challenging; I was really surprised when the business stimulus was an extract from a balance sheet. I also wasn't sure how to integrate the ratios they gave us as well. Did anyone have any ideas on how to do that?
Short answer was very different to most years, mainly focused on the learn to dot points and required much more interpretation and recommendation than previous exams.
I struggled a bit through multiple choice, whilst everyone else I talked to said it was easy; how did you guys go??
Hmmm yea the expense ratio and gross profit ratio did seem a bit random given the things we were told to talk about, I used them as evidence for the pricing strategy paragraph by saying that the business had high expenses + cost of goods sold so should use premium pricing for their high quality product to increase profit.
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I got all the same but for 7 I put d, because I thought something like a recession changing spending would be economic, but income bracket is more related to socio-economic group? Idk
Same, I was staring at it for a while, because i forgot it was socio cultural and not socio economic. I wasn't totally sure if the terms were interchangeable.... But i still put it any way, because I thought economic would be more like if the economy was in recession; or he was recently cyclically unemployed; or if inflation went up or something. I'm glad I did though, socio cultural seemed like the better answer.
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Asking one of the moderators here for confirmation. Say I didn't explicitly say strategies but did most of the operations influence, will I lose a lot of marks for the essay?
We dont even know if we needed to refer to strategies yet.
What I did was say operation strategies and how they respond to external influences. So i guess that answers the question kinda?
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Hmmm yea the expense ratio and gross profit ratio did seem a bit random given the things we were told to talk about, I used them as evidence for the pricing strategy paragraph by saying that the business had high expenses + cost of goods sold so should use premium pricing for their high quality product to increase profit.
Exactly what I did!
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Asking one of the moderators here for confirmation. Say I didn't explicitly say strategies but did most of the operations influence, will I lose a lot of marks for the essay?
I know I'm not a mod but - I felt like the Q was kind of guiding you to talk about how operational strategies in a way respond/counter the external influences on operational management. Not talking about strategies will take you away from the 17-20 range (IMO), but you should be able to get atleast 15 if you justified the influences and the response adequately This is all my opinion anyways. If I may ask, what did you talk about for the business responding to these influences?
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I know I'm not a mod but - I felt like the Q was kind of guiding you to talk about how operational strategies in a way respond/counter the external influences on operational management. Not talking about strategies will take you away from the 17-20 range (IMO), but you should be able to get atleast 15 if you justified the influences and the response adequately This is all my opinion anyways. If I may ask, what did you talk about for the business responding to these influences?
Like for a technological influence I said if other businesses have better technology, they'll have a competitive advantage so it would be advised that they follow through and do same thing. i don't know if that is a correct way but that's just an example of what I said. I basically said leading edge technology without saying "leading edge".
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Hey all, just wondering if the short answers and extended response predicted answers will be posted up?
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I think people are getting socioeconomic and sociocultural confused...
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I talked about how HR strategies can be used to respond to legal & ethical influences, but no one else i talked to did. Would I lose marks for it or is it still answering the question?
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Asking one of the moderators here for confirmation. Say I didn't explicitly say strategies but did most of the operations influence, will I lose a lot of marks for the essay?
Hi, I'm not a moderator but this is my two cents on the issue.
There has been so many people telling me both and tbh I'm not even sure. My teacher isn't sure either. But the question "evaluate the response of operations management to external influences" and "evaluate the response of human resource management to legal and ethical influences" is a variation of the syllabus outcome H2 "Evaluate management strategies in response to changes in internal and external influences" the fact that the exam committee purposely left out the word strategies and internal, leads me to think that you did not need to specifically talk about specific strategies.
In saying this, you had to talk about some kind of response to the influence, something the business did in response to the specific influence. Also note that the directive term is "evaluate", which means that you had to have an explicit judgement based on some sort of explicit criteria of their response, which can be good or bad.
What did you guys think? Did you guys include specific strategies?
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Hi, I'm not a moderator but this is my two cents on the issue.
There has been so many people telling me both and tbh I'm not even sure. My teacher isn't sure either. But the question "evaluate the response of operations management to external influences" and "evaluate the response of human resource management to legal and ethical influences" is a variation of the syllabus outcome H2 "Evaluate management strategies in response to changes in internal and external influences" the fact that the exam committee purposely left out the word strategies and internal, leads me to think that you did not need to specifically talk about specific strategies.
In saying this, you had to talk about some kind of response to the influence, something the business did in response to the specific influence. Also note that the directive term is "evaluate", which means that you had to have an explicit judgement based on some sort of explicit criteria of their response, which can be good or bad.
What did you guys think? Did you guys include specific strategies?
Honestly would've wrote about strategies to some extent because of the "RESPONSE of operations management"
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I talked about how HR strategies can be used to respond to legal & ethical influences, but no one else i talked to did. Would I lose marks for it or is it still answering the question?
From what I know, writing more will never deduct marks from you as long as you actually covered what was necessary. It would just been seen as "waffling" if it wasn't necessary.
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can someone explain multiple choice 16. I know casual means they are more expendable but how does it help with a business with poor finance. I said D
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can someone explain multiple choice 16. I know casual means they are more expendable but how does it help with a business with poor finance. I said D
Hey Brendan,
In the short term the business is better off as casual employees are paid a casual loading, meaning they cost more to the business (excluding on costs like sick leave etc.) Another reason A was the best choice was because it would be seen as unethical and in some cases illegal to fire the other options.
Firing a pregnant employee is a violation of the Sex Discrimination Act 1984 (Cth) which was in question 5
Firing an elderly man violates the Anti-Discrimination Act 1977 (Cth) as well as Age Discrimination Act 2004 (Cth)
Also it should be noted that casual employees have no job security, whereas part-time employees have more than casual employees; thus Answer A casual employee, is the best option
Hope this helps :)
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Anyone have explanations for 3?
Also I got the question about stealing wrong because I somehow interpreted it as 'the person who was apparently stealing got fired'. Oops lol.
Gonna go drown in my sorrows now brb
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Anyone know if it's still possible for me to get a 16 without a case study in the extended response?
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Anyone know if it's still possible for me to get a 16 without a case study in the extended response?
Yes it is. 16/MAYBE 17 out of 20 is usually max for a good essay without a case study.
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Really? So even if I don't identify a case study at all, I could get that? (this is for the extended and not the business report)
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Anyone have explanations for 3?
Also I got the question about stealing wrong because I somehow interpreted it as 'the person who was apparently stealing got fired'. Oops lol.
Gonna go drown in my sorrows now brb
Hey there,
For question 3; what customer's think of the business' website is an external threat which can be turned into an opportunity. The website itself is an internal weakness. This most likely would have been considered when conducting a situational analysis of the business as this step enables the business to see it's position in the market and give it direction for future action.
The stealing question was very funny, I was so confused as well as I thought the person stealing was fired. Poor Ruth, she snitched and got fired; I guess the business is now Ruth-less :P
I wouldn't worry too much, definitely drown your sorrows and vent with something; I bought some cookies and some bubble tea :D but don't stress too much, I'm sure you did fine :)
Soz for the terrible pun, Hope this helps
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Did anyone notice that if the GPR is 30% and the expense ratio is 60%, they are making a 30% loss?
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Hey there,
For question 3; what customer's think of the business' website is an external threat which can be turned into an opportunity. The website itself is an internal weakness. This most likely would have been considered when conducting a situational analysis of the business as this step enables the business to see it's position in the market and give it direction for future action.
The stealing question was very funny, I was so confused as well as I thought the person stealing was fired. Poor Ruth, she snitched and got fired; I guess the business is now Ruth-less :P
I wouldn't worry too much, definitely drown your sorrows and vent with something; I bought some cookies and some bubble tea :D but don't stress too much, I'm sure you did fine :)
Soz for the terrible pun, Hope this helps
Ahhh I see. I assumed it was part of marketing strategies because of emarketing, the advertising and the whole physical evidence thing. Understandable though.
Tbh that pun alone should get you a band 6 😂
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Really? So even if I don't identify a case study at all, I could get that? (this is for the extended and not the business report)
Hey there, when looking at the marking criteria it is important to look at all the dot points and see what is worth the most. Obviously the most important thing is to answer the question and the least important is your logical coherent structure etc. However, if you have an A range response in terms of your content, business terminology, communication skills and structure but didn't refer to a case study then it sort of balances out. One of the senior markers I talked to said that it is quite common for students to forget to use a case study in the HSC but he has seen may get a 17 if the rest of it fulfils the marking criteria
I'm sure you smashed it, good luck :)
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Multiple choice was the hardest for me, especially the ones about the legislations/laws, DID NOT SEE THAT COMING but the business report made for it, can not believe that i had to sit a mother exam 1 hr later... BUT ITS ALL OVER GUYS I HAVE FINISHED, feels great to come home and not study ;D Good luck to everyone not yet finished! All the best :)
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Hey there, when looking at the marking criteria it is important to look at all the dot points and see what is worth the most. Obviously the most important thing is to answer the question and the least important is your logical coherent structure etc. However, if you have an A range response in terms of your content, business terminology, communication skills and structure but didn't refer to a case study then it sort of balances out. One of the senior markers I talked to said that it is quite common for students to forget to use a case study in the HSC but he has seen may get a 17 if the rest of it fulfils the marking criteria
I'm sure you smashed it, good luck :)
Thank you so much :)
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7 is D.
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Hey,
Just wondering what raw mark you would need to get for it to scale into the 90's?
And also, I don't understand why 7 is A. Doesn't economic influences affect the whole economy, whereas sociocultural refers to an individual's personal status in society, which is based on their income and education levels, etc...
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Hey,
Just wondering what raw mark you would need to get for it to scale into the 90's?
And also, I don't understand why 7 is A. Doesn't economic influences affect the whole economy, whereas sociocultural refers to an individual's personal status in society, which is based on their income and education levels, etc...
7 is D.
This is a confusion between sociocultural and socioeconomic
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What is the maximum mark I can get in the operations essay if I only wrote an introduction, a globalisation paragraph, a small technology paragraph, and a 2 line conclusion? In total it was 2.5 pages but it was high quality and I used my case study, just ran out of time.
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Hey giys does anyone have essay answers and the short ansers for the business exam,i already saw the multiple answers but what about the rest of the exam ?can someone help?
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Hey is there suggested answers to the short answer, report and extended response??
Not sure if I answered them properly
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Hey is there suggested answers to the short answer, report and extended response??
Not sure if I answered them properly
Hey giys does anyone have essay answers and the short ansers for the business exam,i already saw the multiple answers but what about the rest of the exam ?can someone help?
I agree, are there any potential answers??
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Hi, I'm not a moderator but this is my two cents on the issue.
There has been so many people telling me both and tbh I'm not even sure. My teacher isn't sure either. But the question "evaluate the response of operations management to external influences" and "evaluate the response of human resource management to legal and ethical influences" is a variation of the syllabus outcome H2 "Evaluate management strategies in response to changes in internal and external influences" the fact that the exam committee purposely left out the word strategies and internal, leads me to think that you did not need to specifically talk about specific strategies.
In saying this, you had to talk about some kind of response to the influence, something the business did in response to the specific influence. Also note that the directive term is "evaluate", which means that you had to have an explicit judgement based on some sort of explicit criteria of their response, which can be good or bad.
What did you guys think? Did you guys include specific strategies?
I'd say 100% you had to write about the response to the influences so yes talk about strategies.
In the operations syllabus in the "learn to" section it has a dot point that says "examine the impact of globalisation on operations strategy".. if you replace 'examine' with 'evaluate' and 'globalisation' with overall 'influences' then this is probably where they got the question from.
So your answer would have included an influence- then talking about the positive and/or negative influence it created- then a strategy to either counteract the negative influence or take up the opportunities from the positive influence- then evaluate that strategy as a response to the influence.
E.g. I talked about globalisation in one paragraph- positives and negatives- then a strategy- new product/service design and development as a response to the positive opportunity (global market/consumer) that globalisation created- as a case study I threw in Jetstar and how they expanded internationally in Asia (Jetstar Japan etc.)- then i evaluated how this kind of response is good.
If you didn't say a specific strategy from the syllabus i dont think it would matter- as long as you are saying a response and evaluating it.
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I'd say 100% you had to write about the response to the influences so yes talk about strategies.
In the operations syllabus in the "learn to" section it has a dot point that says "examine the impact of globalisation on operations strategy".. if you replace 'examine' with 'evaluate' and 'globalisation' with overall 'influences' then this is probably where they got the question from.
So your answer would have included an influence- then talking about the positive and/or negative influence it created- then a strategy to either counteract the negative influence or take up the opportunities from the positive influence- then evaluate that strategy as a response to the influence.
E.g. I talked about globalisation in one paragraph- positives and negatives- then a strategy- new product/service design and development as a response to the positive opportunity (global market/consumer) that globalisation created- as a case study I threw in Jetstar and how they expanded internationally in Asia (Jetstar Japan etc.)- then i evaluated how this kind of response is good.
Welcome to the forums Lillian! ;D