HSC Business Studies Exam - Potential Answers and Discussion!

[jamonwindeyer]

What did we think of that exam? Easy or hard? Glad af that it's over?

We've uploaded a copy of the exam if you wanted to check the questions with the answers.

Multiple Choice

1) D
2) D
3) C
4) C
5) C
6) D
7) A
8 ) B
9) C
10) A
11) B
12) B
13) D
14) C
15) C
16) A
17) C
18) D
19) A
20) B

[rinagee12]

What did we think of that exam? Easy or hard? Remember to take a peek at a copy of the exam here!

It was fair! Nothing unexpected.

Good multiple choice (though, I'm not gonna lie, I found 2-3 a bit.... ah... testing?)

Short answer was sweet.

THE BUSINESS REPORT. Nightmarish. Probably because I have always struggled to understand finance concepts

Extended response was surprisingly very nice.

[brenden]

Can someone lend us their answers for the multiple choice section, and we'll get them corrected and up for people to check theirs with!

[Jarrod98]

1) D
2) D
3) C
4) C
5) C
6) D
7) A
A
9) C
10) A
11) B
12) B
13) C
14) C
15) C
16) A
17) C
18) D
19) A
20) B

[brenden]

1) D
2) D
3) C
4) C
5) C
6) D
7) A
A
9) C
10) A
11) B
12) B
13) C
14) C
15) C
16) A
17) C
18) D
19) A
20) B

YESSS MATE

[ethrax]

These were my answers
1. B
2. D
3. C
4. C
5. B
6. D
7. A
8. B
9. C
10. A
11. B
12. B - Could be A but I saw it as ‘acceptable’ so answered B
13. D
14. C
15. C
16. A
17. C
18. D - not sure about this one
19. A
20. B

[jamonwindeyer]

Great work guys!! Welcome to the forums

[jakesilove]

These were my answers
1. B
2. D
3. C
4. C
5. B
6. D
7. A
8. B
9. C
10. A
11. B
12. B - Could be A but I saw it as ‘acceptable’ so answered B
13. D
14. C
15. C
16. A
17. C
18. D - not sure about this one
19. A
20. B

Legend. What did you think about the rest of the paper?

[ethrax]

Found the short answers very agreeable, required more knowledge of the content/syllabus than any significant ability to apply it. I feel many will feel a little snubbed by the limitations of financial reporting part of the business report, given it's a section of the syllabus that tends to get ignored, but luckily I had looked at it the day before. So yeah the business report was pretty nice too.

Extended response was less appealing imo, the right balance between discussing responses (strategies) and influences was difficult to find, but at least the question gave a fair bit to talk about. Unfortunately I was more familiar with Operations influences and more familiar with HR strategies, so my response was a little meh as I chose operations, but hopefully it should be ok.

All in all a nice test, easier than the CSSA trial for sure!

[jakesilove]

Found the short answers very agreeable, required more knowledge of the content/syllabus than any significant ability to apply it. I feel many will feel a little snubbed by the limitations of financial reporting part of the business report given it's a section of the syllabus that tends to get ignored, but luckily I had looked at it the day before. So yeah the business report was pretty nice too.

Extended response was less appealing imo, the right balance between discussing responses (strategies) and influences was difficult to find, but at least the question gave a fair bit to talk about. Unfortunately I was more familiar with Operations influences and more familiar with HR strategies, so my response was a little meh as I chose operations, but hopefully it'll be ok.

All in all a nice tests, found it easier than the CSSA trial for sure!

Aha that's awesome! Honestly, it sounds like you smashed it

[Deng]

Would question 7 not be sociocultural because its his social class which influences his buying behaviour

just for reference

[ethrax]

Would question 7 not be sociocultural because its his social class which influences his buying behaviour

just for reference

Cheers, glad to see I got it right then

[dashby.49]

Question 1 is D

The ACCC is Australia’s peak consumer protection and competition agency. The ACCC is an independent statutory government authority serving the public interest. Most of the ACCC’s enforcement work is conducted under the provisions of the Competition and Consumer Act 2010 (the Act). 

This is from a government website!!!

[brenden]

Question 1 is A

The ACCC is Australia’s peak consumer protection and competition agency. The ACCC is an independent statutory government authority serving the public interest. Most of the ACCC’s enforcement work is conducted under the provisions of the Competition and Consumer Act 2010 (the Act). 

This is from a government website!!!

Would this imply that the answer is D?

[jakesilove]

Question 1 is A

The ACCC is Australia’s peak consumer protection and competition agency. The ACCC is an independent statutory government authority serving the public interest. Most of the ACCC’s enforcement work is conducted under the provisions of the Competition and Consumer Act 2010 (the Act). 

This is from a government website!!!

Do you mean D?