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September 25, 2025, 08:06:40 pm

Author Topic: Business Studies Competition  (Read 4608 times)  Share 

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costargh

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Business Studies Competition
« on: May 07, 2008, 08:03:35 pm »
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Did anyone do it this week?
« Last Edit: August 25, 2008, 04:02:18 pm by costargh »

jsimmo

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Re: Business Management Competition
« Reply #1 on: May 07, 2008, 08:05:10 pm »
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Nahh, haven't even heard about it.. whats it all about?
2008: English , Business Management , IT: Applications , Further Maths , Studio Arts 
2009: Monash University

costargh

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Re: Business Management Competition
« Reply #2 on: May 07, 2008, 08:16:30 pm »
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It's one of those nationwide competitions, 40 multi-choice questions, conducted by one of those Sydney Universities I think...

The Economics one was WAY harder than the BusMan one.
Some of the stuff isn't related to the VCE course though, its more general business knowledge.

daniel99

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Re: Business Management Competition
« Reply #3 on: May 07, 2008, 09:03:03 pm »
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What is the purpose of it???

costargh

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Re: Business Management Competition
« Reply #4 on: May 07, 2008, 09:39:01 pm »
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Just like Westpac maths competition.
Competetion with prizes etc

jsimmo

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Re: Business Management Competition
« Reply #5 on: May 07, 2008, 10:31:10 pm »
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Was it hard? What were the questions like?
2008: English , Business Management , IT: Applications , Further Maths , Studio Arts 
2009: Monash University

costargh

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Re: Business Management Competition
« Reply #6 on: May 08, 2008, 02:50:56 pm »
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The questions were general business knowledge. Nothing specific.
What does ASX stand for? etc.

Odette

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Re: Business Management Competition
« Reply #7 on: May 08, 2008, 03:03:17 pm »
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ASX? I believe that would be the Australian Stock Exchange... Correct me if i'm wrong anyone :P

costargh

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Re: Business Management Competition
« Reply #8 on: May 08, 2008, 04:03:12 pm »
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ASX? I believe that would be the Australian Stock Exchange... Correct me if i'm wrong anyone :P
Yeh thats right.

Odette

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Re: Business Management Competition
« Reply #9 on: May 08, 2008, 04:09:58 pm »
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Oops i thought you were asking that... i didnt know you were giving an example of the questions asked :P

AppleXY

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Re: Business Management Competition
« Reply #10 on: May 08, 2008, 04:16:54 pm »
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LOL are you serious? What does ASX stand for?! what kind of competition is that ? :P At least ask what does FTSE stand for or where does DAX originate from?

loool.

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[quote="Benjamin F

costargh

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Re: Business Management Competition
« Reply #11 on: May 08, 2008, 04:20:51 pm »
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It did get harder but not that hard.

AppleXY

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Re: Business Management Competition
« Reply #12 on: May 08, 2008, 04:28:20 pm »
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lol not that hard? Oh..ok.

anyways, you'll get 100% costa I personally know it ;)

oh btw, the answers:

ftse - financial times london stock exchange, Dax is from Germany.

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[quote="Benjamin F

costargh

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Re: Business Management Competition
« Reply #13 on: May 08, 2008, 04:38:47 pm »
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Lol na NO WAY!
Some other questions

Which one of the following is one of the main functions of a Balance Sheet?
a) Demonstrate the value of the business
b) Explain the amount of sales being made
c)Show the net profit made during the year
d) Specify how much cash was paid out

Which of the following is not generally considered one of the four aspects of the marketing mix?
a) Planning
b) Product
c) Promotion
d) Price

Which of the following is an example of a fringe benefit to an employee?
a) An annual pay rise
b) A sales commission
c) A company mobile phone
d) A productivity based bonus

Which of the following is not included in a typical company's annual report?
a) Balance sheeet
b) Profit and Loss Statement
c) Notes to Financial statements
d) SWOT accounts

Odette

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Re: Business Management Competition
« Reply #14 on: May 08, 2008, 04:59:37 pm »
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Oh wow that doesn't seem too bad :) ^_^