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Let's See If You Can Score At Least 50% On This Year 12 Business Studies Exam

My brain already hurts.

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  1. In which aspect of a business does continuous improvement occur?

  2. A sole trader invests $500,000 into her business. What is this
    an example of?

  3. Sarah works 40 hours per week. Her contract entitles her to sick leave, paid annual leave and superannuation. What type of employment is this?

  4. Which approach is being used when a business creates a focus group to evaluate a product?

  5. Which of the following actions is an example of corporate social responsibility?

  6. The expense ratio (total expenses ÷ sales) is always:

  7. Solvency is the ability of a business to:

  8. Which of the following is an example of a unit trust?

  9. Ruth observed that a work colleague was stealing and reported the theft to her supervisor. As a result, Ruth's employment was terminated. What is this an example of?

  10. A business plans to increase its stock to be ready for the grand opening of five new stores. This shows the interdependence between which business functions?

  11. Customers at a furniture store are asked to give their postcodes at the checkout. What is this an example of?

  12. What is a characteristic of external equity finance?

  13. Why might a business adopt a standardised global approach to marketing?

  14. When pricing a potential job, a plumber considers how long the job will take and how difficult it will be. What pricing method is being used?

  15. An entrepreneur uses social media to sell make-up to her friends and acquaintances. What marketing strategy is the entrepreneur using?

  16. Which of the following are both sources of funds appropriate for a business purchasing extra stock before a busy trading period?

  17. A soup manufacturer finds it difficult to cope with the increase in demand for soup in winter. Which performance objective could assist this business to meet the demand?

  18. Which of the following lists three examples of transformed resources?

  19. Kim is an independent contractor who cleans a school. Which of the following statements is true regarding Kim's employment?

  20. Which of the following is an example of legal compliance for a sports store?

Questions were taken from previous HSC Business Studies exams, available on the NSW Education Standards Authority website.

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