Login

Welcome, Guest. Please login or register.

November 01, 2025, 06:43:01 am

Author Topic: Business Studies HSC Exam 2017  (Read 47757 times)

0 Members and 1 Guest are viewing this topic.

johnsmith2424

  • Fresh Poster
  • *
  • Posts: 2
Re: Business Studies HSC Exam 2017
« Reply #135 on: October 27, 2017, 05:37:58 pm »
are the answers coming out for the section 2... the short answer?

babooboo

  • Fresh Poster
  • *
  • Posts: 2
Re: Business Studies HSC Exam 2017
« Reply #136 on: October 27, 2017, 11:08:35 pm »
From the business studies in action textbook:

Resource market
The resource market consists of those individuals or groups that are engaged in all forms of primary production, including mining, agriculture, forestry and fishing. As a group, this market in Australia is made up of approximately 116 000 enterprises or customers and has a large purchasing power. Farmers, for example, purchase machinery, seed and fertiliser.

Industrial market
In Australia, there are more than 932 000 businesses in the industrial market; these businesses are either secondary or tertiary. An industrial market includes industries and businesses that purchase products to use in the production of other products or in their daily operations. Tip Top Bakery, for example, buys flour to make bread, and Sony buys plastics and metals to produce televisions.

Anyway, I do hope the answer is industrial. :P