Business Studies Year 12 (Quiz 2)
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Questions and Answers

The role of a cost centre within a business is to monitor and control

  • assets
  • expenses (correct)
  • liabilities
  • receipts
  • Which pair of business functions is conducted by human resource management?

  • Pricing and scheduling
  • Scheduling and induction
  • Induction and recruitment (correct)
  • Recruitment and receivables
  • A manufacturing business is a cost leader in their industry. Which combination of features of the transformation process are they most likely to demonstrate

  • Low volume, low variety
  • High volume, low variety (correct)
  • Low volume, high variety
  • High volume, high variety
  • A mobile phone manufacturer decides to globally source inputs that they had previously produced themselves. Which of the following shows possible negative effects of this decision?

    <p>Delays in the supply chain and increased transport costs</p> Signup and view all the answers

    A manager at a fast-food business wants to change the operations process in response to the influence of corporate social responsibility. Which action would achieve this objective?

    <p>Offering a wider variety of healthy options on their menu</p> Signup and view all the answers

    Why might a business move from a production approach to a selling approach?

    <p>In response to increased competition</p> Signup and view all the answers

    What is the most likely reason for an Australian clothing business choosing to manufacture locally?

    <p>To maintain quality control</p> Signup and view all the answers

    A manager is concerned about ongoing theft and the cost of storing raw materials. Which inventory management strategy would best address the manager’s concerns?

    <p>Just-in-time</p> Signup and view all the answers

    In order to achieve best practice, a mobile phone company examines global trends in phone technology before designing and producing their phones. What operations strategy is this business using?

    <p>Scanning and learning</p> Signup and view all the answers

    Australian businesses are required by law to offer a refund if the product or service...

    <p>does not match the description</p> Signup and view all the answers

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