VCE Business Management Question Thread!

[Jigsaw]

a bit of stretch seeing as my sac is in two hours but does anyone know the role of the operations manager and how they help a business to improve their competitiveness ?? thank you in advance !!

Hope your SAC went okay! For future reference, the role of an operations manager is to simply coordinate all the activities involved in transforming a business' inputs into outputs. Well coordinated operations procedures will improve business competitiveness, as a business may be able to

- make more outputs using fewer inputs, saving costs
- improve the quality of their products
- decrease wastage / related expenses
- utilise technology for productivity gains etc.

In a SAC/Exam setting, I'd pick one or two examples, and explain in a bit of detail.
   

[PolyMath]

Hey,
So I've already finished my operations sac, but I just had a question about website development.
They say that website development is an operations strategy but the definition, at least in jacplus, is "the creation and/or improvement of a connected group of pages on the internet that will be maintained by a business to promote and sell its products".
As it promotes and sells a business's product wouldn't it be a sales and marketing tool (from the sales & marketing area of management responsibility)?
Any and all answers would be appreciated.

[rcabdi]

When referring to a business is it better to call it a business or organisation, or does it not matter?

[magdichi]

I was wondering what I would need to get in the exam to get a 45... or a 40 something or if it is even possible.

Unit 3:
SAC 1 - A+ (95%)
SAC 2 - A+ (93%)
SAC 3 - A (85%)

Also, what would I have to get in my last 2 SACs as well? Thanks!

[vceme]

I know some of these questions are from a month ago but just for exam time:

Hey,
So I've already finished my operations sac, but I just had a question about website development.
They say that website development is an operations strategy but the definition, at least in jacplus, is "the creation and/or improvement of a connected group of pages on the internet that will be maintained by a business to promote and sell its products".
As it promotes and sells a business's product wouldn't it be a sales and marketing tool (from the sales & marketing area of management responsibility)?
Any and all answers would be appreciated.

Yes your right, creating a website is part of a marketing and sales tool. But notice how its referring to website development, the process of creating/maintaining it would be part of operations management.


 

When referring to a business is it better to call it a business or organisation, or does it not matter?

Doesn't really matter IMO.

I was wondering what I would need to get in the exam to get a 45... or a 40 something or if it is even possible.

Unit 3:
SAC 1 - A+ (95%)
SAC 2 - A+ (93%)
SAC 3 - A (85%)

Also, what would I have to get in my last 2 SACs as well? Thanks!

You shouldn't focus too much on your quantitative score, but rather your rank. Aim for A+ for the remaining sacs and definitely for the exams.

[magdichi]

OK... so i had a question before asking about my score... if i am also in the top ranks and getting 90s... should i be getting a 40?

[PolySquared]

OK... so i had a question before asking about my score... if i am also in the top ranks and getting 90s... should i be getting a 40?

Yes, if your rank is high and you get >90 in the exam then you should get a 40+.

[Mandi.s]

Is it really important to know Senge's learning organisation principals?

[ChiaraS]

Is it really important to know Senge's learning organisation principals?

Hey,
It hasn't been on the exam last year or the year before , but it is possible it could be on this years.
As it is specifically on the study design, it is important to know.

[Zappi]

Not too sure about what strategies for finding new business opportunities (Unit 4, AOS 2, KK3) I need to know. Jacaranda's textbook lists multiple branding, differentiation, franchising, government services, exporting and online shopping (what our class was also taught) but Edrolo and Cambridge's book lists a whole different set (innovation, developing a market niche, etc etc). It's not listed on the study design, so should I learn to use both or just one set? Thanks in advance

[fakebitch01]

HEY GUYS!!      

Trying really hard to understand the effects of change on stakeholders but i'm unsure how to study this!!

Edrolo, the textbook and summary notes are all so different!!

Thanks so much!!

[Monkeymafia]

For Q5.) of the 2017 VCAA BM exam about porter's I talked about differentiation in relation to the diversification into the snack food market (e.g creating a unique type of potato chip) but the answers seem like they were looking for differentiation in terms of the products they currently sell (dairies)  and not their future objective of diversifying into the snack food market.

Would I be wrong or could I still get some marks?

[NavyBlues9]

Hi,

When asked what the principles of lean management are am I correct if I say Pull, One Piece Flow, Takt, Zero defects?

Thanks!

[wildsivanna]

helloo really confused at the moment ,
i remember attending atarnotes busman lecture and being told we should be using AUSTRALIAN businesses for our contemporary case studies? can someone please confirm!

tysm

[brookesos]

Hi,
I was wondering if anyone knew where I could access practise sacs for business management unit 1 aos 1.