ATAR Notes: Forum

VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: iwannagetA on November 09, 2010, 12:51:18 pm

Title: what to expect on Friday's exam??
Post by: iwannagetA on November 09, 2010, 12:51:18 pm
what kind of questions will be there .. anyone know?
Title: Re: what to expect on Friday's exam??
Post by: iwannagetA on November 09, 2010, 12:54:42 pm
in the vcaa sample exam, i didn't see anything about management roles and styles??
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 09, 2010, 12:57:48 pm
Sample questions generally ask new concepts, but it isn't a 'trial' exam as such
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 09, 2010, 01:03:29 pm
My guess would be something along the lines of:

or maybe
Title: Re: what to expect on Friday's exam??
Post by: mumakai on November 09, 2010, 01:10:20 pm
My guess would be something along the lines of:
  • Compare and contrast motivational theories (6-8 marks)
  • 2 or 3 strategies relating to HR or OM and organisational objectives (4-6 marks)
  • Management structures (2 marks)
  • Driving and restraining forces (3 marks)
  • Kotter's theory related to an issue (8-10 marks)
  • Stakeholders (2 marks)
  • Compare and contrast two different management styles (4 marks)
  • Management skills (3 marks)
  • Effective change management, low and high risk (4 marks)
  • Quality management strategies (4 marks)
  • Motivational theory (4 marks)
  • ESM (4 marks)
  • Compare and contrast approach to wage and working condition determination (6 marks)
  • POLC (4-6 marks)



Good call
Title: Re: what to expect on Friday's exam??
Post by: Scoota. on November 09, 2010, 08:56:48 pm
My guess would be something along the lines of:
  • Compare and contrast motivational theories (6-8 marks)
  • 2 or 3 strategies relating to HR or OM and organisational objectives (4-6 marks)
  • Management structures (2 marks)
  • Driving and restraining forces (3 marks)
  • Kotter's theory related to an issue (8-10 marks)
  • Stakeholders (2 marks)
  • Compare and contrast two different management styles (4 marks)
  • Management skills (3 marks)
  • Evaluating effective change management, low and high risk practices (6 marks)
  • Quality management strategies (4 marks)
  • Define questions (2 marks)
  • ESM (4 marks)
  • Compare and contrast approach to wage and working condition determination (6 marks)
  • POLC (4-6 marks)


ESM? and when you say management structure do you mean organisational structure such as functional, geographic, matrix, etc?
Also what do you mean by "Compare and contrast approach to wage and working condition determination"
coz ive never come across that in my practice exams.

much appreciated.
Title: Re: what to expect on Friday's exam??
Post by: burbs on November 09, 2010, 09:02:59 pm
I feel like answering all of those and putting them up ^.

Ummm - apparently no need for current corporate examples except maybe for 10 marker?
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 09, 2010, 09:16:28 pm
ESM? and when you say management structure do you mean organisational structure such as functional, geographic, matrix, etc?
Also what do you mean by "Compare and contrast approach to wage and working condition determination"
coz ive never come across that in my practice exams.

much appreciated.
ESM = Ethics and socially responsible management (basically may ask how can the operations of the business be more ethical etc.)
Organisational structure is how you said it, maybe talk about traditional and modern structures from a bureaucratic to a flat structure
Last one just talking about centralised and decentralised wage system (awards/collective agreements/individual contracts)
Title: Re: what to expect on Friday's exam??
Post by: Scoota. on November 09, 2010, 09:24:57 pm
ESM? and when you say management structure do you mean organisational structure such as functional, geographic, matrix, etc?
Also what do you mean by "Compare and contrast approach to wage and working condition determination"
coz ive never come across that in my practice exams.

much appreciated.
ESM = Ethics and socially responsible management (basically may ask how can the operations of the business be more ethical etc.)
Organisational structure is how you said it, maybe talk about traditional and modern structures from a bureaucratic to a flat structure
Last one just talking about centralised and decentralised wage system (awards/collective agreements/individual contracts)
Thanks heaps man. your a legend.
I think you're pretty accurate with there being more stuff on employee relations too.
And the high and low risk practices was a good pick up too.
cheers.
Title: Re: what to expect on Friday's exam??
Post by: sajib_mostofa on November 09, 2010, 09:42:11 pm
Does anyone know if the questions on the exam actually have parts to them? Or are they just one whole Q?
Title: Re: what to expect on Friday's exam??
Post by: burbs on November 09, 2010, 09:43:44 pm
Pretty sure its parts.
Title: Re: what to expect on Friday's exam??
Post by: sajib_mostofa on November 09, 2010, 09:47:59 pm
Well if there's 7 Q's and there are parts to them, that would mean not as many 6-8 mark Q's?
Title: Re: what to expect on Friday's exam??
Post by: burbs on November 09, 2010, 09:50:31 pm
Mate I doubt more than 2x 6-8 markers.
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 09, 2010, 09:52:27 pm
I'm thinking 1 6,8 (or 2 6's and no 8's) and 10 mark question and the rest around the 4's and 5's and a couple 2's
Title: Re: what to expect on Friday's exam??
Post by: burbs on November 09, 2010, 09:54:00 pm
You forgot the best ones - 3s. 3s and 1s are the best to answer!
Title: Re: what to expect on Friday's exam??
Post by: vwinnie8 on November 09, 2010, 10:32:28 pm
my teacher said this year the business exam might have more sections.. so instead of the 1,2,3 questions being in big chunks u have like 6-7 questions that are smaller and require more reading. Kotter's, i'm pretty sure, will be the 'big' question at the end. this paper is out of 65 instead of 60 but you still only get 2 hours to do it.. :( anyway good luck everyone.. i'm pretty scared for the exam
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 10, 2010, 09:49:09 am
Yup you are right, it is 7 marks (the sample cover sheet says it and it is 100% accurate). I think having more questions will be easier as there are less parts and you don't need to refer to the same old boring case study each time :P (that is if you don't have any examples)
Title: Re: what to expect on Friday's exam??
Post by: Aqualim on November 10, 2010, 11:36:18 am
Is there anyone who may have trouble finishing the exam? I think it may be too big to go in depth and still finish on time.
Title: Re: what to expect on Friday's exam??
Post by: burbs on November 10, 2010, 12:06:13 pm
I get non-VCAA done in 1-1.5 hours and VCAA in 1 in practice so unless it's obscene I doubt I would.
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 10, 2010, 12:53:51 pm
You tend to write more under the stress in the exam (or is it just me). For English language it would take me 2 hours to write a standard 1000 word essay, however i managed to pull off 1400 words in the exam in under 1 hr. I highly doubt they would chuck a tonne of long questions (maybe only up to 3) and as I said a while ago, they will not put all the new stuff from the study design all in the one exam, as it needs to be evaluated to be refined for the years ahead.
Title: Re: what to expect on Friday's exam??
Post by: iwannagetA on November 10, 2010, 12:57:05 pm
I feel like answering all of those and putting them up ^.

Ummm - apparently no need for current corporate examples except maybe for 10 marker?
can u answer them plz?
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 10, 2010, 01:12:25 pm
Hmm yea very recent examples = leniency in marking I assume so do make sure you have a current example
Title: Re: what to expect on Friday's exam??
Post by: gold104 on November 10, 2010, 01:17:03 pm
When you say Kotters in relation to an issue, do you mean a business that has undergone change? We studied australia post, and how they brought in technology to change their operations. Is that what you mean by an issue?

Thanks
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 10, 2010, 01:25:14 pm
Yep the issues your class would have discussed were from these issues:

When talking about Kotter, refer to one of these issues, write a summary of the issue (being technology) and a short summary of some history of your example (AusPost used to do everything by hand, now they have the TMS, Barcoding system, Sorting mail and all that shit) then when you list the steps, instead of describing the steps in general, write how a manager at AusPost would have done each step. Eg. Establish a sense of Urgency. The department/operations manager will have realised that the new millineum brought better technologies, so in order to remain competitive the company will need to purchase new technologies (however AusPost works under a monopoly market, so some other objective such as customer service could be discussed here)
Title: Re: what to expect on Friday's exam??
Post by: mumakai on November 10, 2010, 01:40:49 pm
Yep the issues your class would have discussed were from these issues:
  • Globalisation
  • Technological development
  • Privatisation
  • Ethics and Socially responsible management
  • Legal/legislative compliance
  • Mergers and Acquisitions

When talking about Kotter, refer to one of these issues, write a summary of the issue (being technology) and a short summary of some history of your example (AusPost used to do everything by hand, now they have the TMS, Barcoding system, Sorting mail and all that shit) then when you list the steps, instead of describing the steps in general, write how a manager at AusPost would have done each step. Eg. Establish a sense of Urgency. The department/operations manager will have realised that the new millineum brought better technologies, so in order to remain competitive the company will need to purchase new technologies (however AusPost works under a monopoly market, so some other objective such as customer service could be discussed here)

For Technology it is very easy to find an LSO's iphone application, you could say that an LSO such as NAB who this year bought out there own iPhone App used kotters change management theory to implement.

I find the iPhone app example extremely easy to use as just about every LSO you have studied in the year will be using one :)
Title: Re: what to expect on Friday's exam??
Post by: gold104 on November 10, 2010, 01:50:02 pm
Yep the issues your class would have discussed were from these issues:
  • Globalisation
  • Technological development
  • Privatisation
  • Ethics and Socially responsible management
  • Legal/legislative compliance
  • Mergers and Acquisitions

When talking about Kotter, refer to one of these issues, write a summary of the issue (being technology) and a short summary of some history of your example (AusPost used to do everything by hand, now they have the TMS, Barcoding system, Sorting mail and all that shit) then when you list the steps, instead of describing the steps in general, write how a manager at AusPost would have done each step. Eg. Establish a sense of Urgency. The department/operations manager will have realised that the new millineum brought better technologies, so in order to remain competitive the company will need to purchase new technologies (however AusPost works under a monopoly market, so some other objective such as customer service could be discussed here)

Awesome, that helps heaps!
With another Q... is it crucial that weknow all the steps for things such as policy development or lockes goal setting steps?
Thanks a bunch mate!
Title: Re: what to expect on Friday's exam??
Post by: tikanis on November 10, 2010, 04:10:04 pm
I reckon a few 2,3,4 markers as well as 2 6 markers...and 8 marker and a 10 marker...
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 10, 2010, 04:20:54 pm
Nah 2 6's, an 8 and a 10 marker totals to 30 marks, logically they will not waste 1/2 of the exam on just 3 (maybe 4) concepts of BM. At most they will have 3 long questions, and the rest shorter (3's and 4's)
Title: Re: what to expect on Friday's exam??
Post by: iwannagetA on November 10, 2010, 04:53:22 pm
u got answer for this???

Evaluate the ethical and socially responsible actions of the LSO
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 10, 2010, 04:58:33 pm
Depends what they are talking about. HR? OM? work conditions? internal environment? etc
Title: Re: what to expect on Friday's exam??
Post by: iwannagetA on November 10, 2010, 06:00:56 pm
we did OM
Title: Re: what to expect on Friday's exam??
Post by: Scoota. on November 10, 2010, 06:45:04 pm
we did OM
-waste minimisation schemes such as recycling components (helps environment)
-lean manufacturing (helps environment)
-ergonomics (ethical for employees and for environment) For example an org' may provide employees with comfortable furniture and office chairs, correct lighting that is energy efficient which saves energy and helps the environment. 
-Supply chain management (only getting supplies from ethical suppliers) for example Nike were using child labour to produce their shoes which caused an uproar amongst society as it was an unethical practice and resulted in lobby groups going on strike against nike)
Title: Re: what to expect on Friday's exam??
Post by: Hellhole on November 10, 2010, 07:38:10 pm
VCAA has already said in the study design that the 10 mark question will be on Unit 4 outcome 2 - which is change management. Could almost guarantee it's going to be on Kotter's theory related to a case study that you've even been given through the year or one they will give you in the exam.

Now, considering Kotter's Theory is only 8 steps - you may also be asked for driving/restraining forces for change OR high/low risk strategies to "empower the people" (step 5).
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 10, 2010, 07:42:58 pm
Quite true, that's too bad the free lecture I went to (@ VU) had possible 10 mark questions which wasn't even on change management (was on motivational theories, the functions of an LSO and other ethics/SR lol).

Yeah 90% chance that it will be on Kotter's
Title: Re: what to expect on Friday's exam??
Post by: Hellhole on November 10, 2010, 08:44:24 pm
Quite true, that's too bad the free lecture I went to (@ VU) had possible 10 mark questions which wasn't even on change management (was on motivational theories, the functions of an LSO and other ethics/SR lol).

Yeah 90% chance that it will be on Kotter's

Yeah, I went to the same lecture. To be honest, she just took 4 or 6 mark questions and expanded on them to be 10 mark answers. Nothing flash on her part.

All though, she did help me with POLC and what operations, HR, change and ESR have to do with it. Thank god for her.
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 10, 2010, 08:45:24 pm
Yes the only thing that I learnt was POLC in relation to specific functions and that "management by objectives" thing which I've never even heard of until then :P
Title: Re: what to expect on Friday's exam??
Post by: Hellhole on November 10, 2010, 08:48:56 pm
I really cannot remember that part. Damn hangover.

But since I only came into Business Management at the end of Unit 3 (had to cram ALL the sacs into one week and learn it all), she taught me a fair bit about that kind of stuff. I can't remember much about that week. Blegh.
Title: Re: what to expect on Friday's exam??
Post by: _avO on November 12, 2010, 10:43:57 pm
My guess would be something along the lines of:
  • Compare and contrast motivational theories (6-8 marks)
  • 2 or 3 strategies relating to HR or OM and organisational objectives (4-6 marks)
  • Management structures (2 marks)
  • Driving and restraining forces (3 marks)
  • Kotter's theory related to an issue (8-10 marks)
  • Stakeholders (2 marks)
  • Compare and contrast two different management styles (4 marks)
  • Management skills (3 marks)
  • Evaluating effective change management, low and high risk practices (6 marks)
  • Quality management strategies (4 marks)
  • Define questions (2 marks)
  • ESM (4 marks)
  • Compare and contrast approach to wage and working condition determination (6 marks)
  • POLC (4-6 marks)

or maybe
  • Compare and contrast motivational theories (6 marks)
  • Employee expectations (4 marks)
  • Differences between a manufacturing and a service business (4 marks)
  • Detail some of the driving and restraining forces (4 marks)
  • Kotter's theory related to an issue (8-10 marks)
  • Internal and external pressures of an LSO (3 marks)
  • Discuss a particular management style (4 marks)
  • Contributions of an LSO (3 marks)
  • Methods of recruitment (2 marks)
  • OM Management strategies (6 marks)
  • Evaluate the ethical and socially responsible actions of the LSO (4-6 marks)
  • Compare and contrast centralised and decentralised (6 marks)
  • Leading and Controlling (4 marks)
  • Performance indicators (4 marks)


Actual

Wow so different :P
0 pressures (besides driving/restraining forces)
0 Kotters
0 Employee relations (should have been one of the biggest ones)
0 management skills
0 POLC
0 E'ee expectations

I feel sorry for people next year who will use this years paper as revision
Title: Re: what to expect on Friday's exam??
Post by: sajib_mostofa on November 12, 2010, 10:48:09 pm
Better to not use that ridiculous paper at all then..