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Archived Discussion => VCE Exam Discussion 2018 => Results Discussion => Victoria => VCE Business Studies Exams => Topic started by: Joseph41 on October 09, 2018, 03:28:54 pm

Title: Business Management: Discussion, Questions & Potential Solutions
Post by: Joseph41 on October 09, 2018, 03:28:54 pm
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Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: kat01 on November 05, 2018, 05:28:05 pm
WHERE WAS SENGEEEEE ;(((
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: technodisney on November 05, 2018, 05:45:08 pm
WHERE WAS SENGEEEEE ;(((

IKR. Haha.
Senge was one of the things I actually put a lot of effort into.


That 10 marker threw me off. I got the CSR considerations but not the second part of the question and the other Two things we need to refer to (see, I even forgot the question haha)
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: DoctorTwo on November 05, 2018, 05:47:30 pm
WHERE WAS SENGEEEEE ;(((

Nowhere to be found thankfully :)
What ‘contemporary’ case study did everyone use? 
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: vceme on November 05, 2018, 05:58:50 pm
10 marker question and the awards/agreements questions were awfully similar to the sample 2017 exam. Huge advantage if you had the copy to the answers  ;D

WHERE WAS SENGEEEEE ;(((
I was ready to spit out my memorised definitions of senge's principals :(

Nowhere to be found thankfully :)
What ‘contemporary’ case study did everyone use? 
Telstra...
But also what the heck VCAA, out of all questions where we had to implement a case study... leadership in change management???

My hands definitely need a rest tonight haha... the amount of 5-7 mark questions  ???
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: evaodono01 on November 05, 2018, 06:09:15 pm
what did everybody say for the redeployment question, i got so confused
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: DoctorTwo on November 05, 2018, 06:28:49 pm
Redeployment of resources is in the study design but it’s not in the hard copy version of the Jacaranda textbook or the online version, it was in the 2018 one which you needed to download separately, which I think is dumb because it should’ve been in the textbook since it’s literally in the study design. I think I wrote something like shifting labour from manufacturing of tinted windows to customer service or quality control or something. This is what the 2018 Jacaranda ebook says about it: ‘Redeployment refers to moving resources from one area in a business to another area of the business. A business will typically move resources to a different area in the business to improve efficiency.’
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Little Miss Cocopops on November 05, 2018, 07:29:29 pm
Redeployment of resources refers to the transfer of natural labour or capital resource to another purpose in the business
Because we had to refer to KPI's on the page before I said:
-Due to net profit decreasing- move machinery overseas as it is cheaper to conduct this overseas. This would help Wilkinsons be more profitable, hence helping to remain profitable
-Staff absence increasing allow employees to move into different areas in the business, to improve job satisfaction as they can complete more stimulating tasks, helping to ensure employees continue to turn up to work at wilkinson
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Little Miss Cocopops on November 05, 2018, 07:33:16 pm
How did people tackle the 10 marker:

Analyse two ways in corporate social responsibility can influence the decisions of management? Refer to two areas of management responsibility
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: kat01 on November 05, 2018, 07:43:20 pm
How did people tackle the 10 marker:

Analyse two ways in corporate social responsibility can influence the decisions of management? Refer to two areas of management responsibility
The first one i did related to the 'operations' area of management. I said although it can be more expensive, they should source inputs from local suppliers.. reduces transportation, reduces carbon footprint, support local economy..
For the second one i did hr managers. I said they should maintain sensitivity at termination and provide transition services..
Im not really sure if what i wrote is right but i seriously couldnt think of anything else! What did you write? :)
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Jackomate on November 05, 2018, 07:49:24 pm
This is what I did

Operations- inputs, outputs and processes
-Inputs
Through sourcing inputs locally, shows concern for local economy
Operations manager may choose to source overseas due to being cheaper
-Processes
Engaing in the processes of recycling and removing waste, shows concern for environment
May not want to engage in environmentally friendly process, as it is costly
-Outputs
Quality outputs, shows concern for consumer
May not do this because it is costly

HR- establishment, maintenance and termination
-Establishment
Employ a wide variety- age, race gender as it shows concern for employees
May not want to engage in this, may be time-consuming to hire a variety
-Maintenance
Provision of training, shows concern for personal growth
May choose not to do this because it is costly
-Termination
Outplacement and financial services, shows concern for wellbeing
Not doing this because it is costly

Is this ok?

Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Jackomate on November 05, 2018, 07:52:11 pm
With maslow question
I said that physiological needs were not being met because "they were working long hours"
Anyone else say the same thing
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Little Miss Cocopops on November 05, 2018, 07:55:34 pm
Change in managment style question

I said two-way communication-> employees have greater input hence meaning they feel valued. This therefore improved staff absense
I also said centralised decision making- employees are given sense of direction and clear direction on action needed to be taken by the business to improve net profit.

I feel that this is bad- anyone else write this
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Rich3331 on November 05, 2018, 07:58:47 pm
How did people tackle the 10 marker:

Analyse two ways in corporate social responsibility can influence the decisions of management? Refer to two areas of management responsibility

I first explained what finance was, including how it guides the financial decision making of the business by preparing and planning financial information like budgets. I then proposed a csr consideration of adopting green energy technology.
I explained the positive implications, eg less carbon footprint and energy consumption. I then said finance can decide to allocate funds to investment in green energy technology, as it can attract customers, hence increase revenue and thus achieve objectives of making profit.
Afterwards, I said however, the business may not have the funds to allocate investment into green technology, and therefore finance’s decision making won’t be impacted as they will need to rather invest in more unhealthy and cheaper ways of recovering energy (incineration)

I then explained humans resources. I proposed a csr consideration of downsizing staff through technology. I said hr can reallocate employees to a different role in the business instead of being retrenched, to maintain it’s  “positive contribution” to employment opportunities. Although, I then said if the senior management insists technology is critical to sustaining business growth, hr will be compelled to enforce their decision and retrench employees where no job reallocations are available and therefore this considerations impact on their decision making is limited
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: technodisney on November 05, 2018, 08:00:26 pm
Change in managment style question

I said two-way communication-> employees have greater input hence meaning they feel valued. This therefore improved staff absense
I also said centralised decision making- employees are given sense of direction and clear direction on action needed to be taken by the business to improve net profit.

I feel that this is bad- anyone else write this

I think it was referring to the autocratic, persuasive, consultative, laissez faire and whatever the other one is.

I think you were meant to mention one of them then talk about one or two way and centralised or decentralised.
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: vceme on November 05, 2018, 10:27:30 pm
With maslow question
I said that physiological needs were not being met because "they were working long hours"
Anyone else say the same thing

I interpreted it as working long hours meaning they were getting enough wage/salary to access basic needs

This is what I did

Operations- inputs, outputs and processes
-Inputs
Through sourcing inputs locally, shows concern for local economy
Operations manager may choose to source overseas due to being cheaper
-Processes
Engaing in the processes of recycling and removing waste, shows concern for environment
May not want to engage in environmentally friendly process, as it is costly
-Outputs
Quality outputs, shows concern for consumer
May not do this because it is costly

HR- establishment, maintenance and termination
-Establishment
Employ a wide variety- age, race gender as it shows concern for employees
May not want to engage in this, may be time-consuming to hire a variety
-Maintenance
Provision of training, shows concern for personal growth
May choose not to do this because it is costly
-Termination
Outplacement and financial services, shows concern for wellbeing
Not doing this because it is costly

Is this ok?


it sounds okay! sounds like you wrote it quite detailed, though could of weaved in the financial performance part
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Zaljc on November 05, 2018, 11:03:24 pm
I interpreted it as working long hours meaning they were getting enough wage/salary to access basic needs
it sounds okay! sounds like you wrote it quite detailed, though could of weaved in the financial performance part

I feel like with the 10 marker, u couldn’t name more than two CSR issues. Coz there was a limiter of two. That means VCAA takes ur first two examples of CSR (e.g. Minimise carbon footprint and reduce workplace accidents) but they don’t mark additional ones said after that, even for if you wrote one for a different function.

That was the annoying thing about the 10 marker. You were so limited with the things that u can talk about :(

No discuss or compare questions too, idk what even happened
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 11:52:34 am
what level of the hierarchy were the emeployees from the Maslow question in? i think i said the wrong thing and i was wondering how many marks i would lose if i did.
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Little Miss Cocopops on November 06, 2018, 11:55:22 am
what level of the hierarchy were the emeployees from the Maslow question in? i think i said the wrong thing and i was wondering how many marks i would lose if i did.
What did you say?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 11:59:06 am
What did you say?


i said social needs as they were working long hours and didn't have time for friendships lol
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 12:01:40 pm
Are there any sample solutions to the exam out yet?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Little Miss Cocopops on November 06, 2018, 12:04:41 pm


i said social needs as they were working long hours and didn't have time for friendships lol

With this question you could say either physiological or social and then just explain your answer.
Physiological- poor working conditions as had to work long hours, hence due to this employees at 123 childcare unmotivated
Social- similar to what you said, having to work long hours meant they had a lack of time to socilise with others and form satisfying and meaningful relationships

I went for physiological, however I am sure that as long as you explained the social level you will be fine :)
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Little Miss Cocopops on November 06, 2018, 12:05:23 pm
Are there any sample solutions to the exam out yet?
Not that I am aware
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 12:14:55 pm
I first explained what finance was, including how it guides the financial decision making of the business by preparing and planning financial information like budgets. I then proposed a csr consideration of adopting green energy technology.
I explained the positive implications, eg less carbon footprint and energy consumption. I then said finance can decide to allocate funds to investment in green energy technology, as it can attract customers, hence increase revenue and thus achieve objectives of making profit.
Afterwards, I said however, the business may not have the funds to allocate investment into green technology, and therefore finance’s decision making won’t be impacted as they will need to rather invest in more unhealthy and cheaper ways of recovering energy (incineration)

I then explained humans resources. I proposed a csr consideration of downsizing staff through technology. I said hr can reallocate employees to a different role in the business instead of being retrenched, to maintain it’s  “positive contribution” to employment opportunities. Although, I then said if the senior management insists technology is critical to sustaining business growth, hr will be compelled to enforce their decision and retrench employees where no job reallocations are available and therefore this considerations impact on their decision making is limited


for the ten marker i talked about two different csr pressures, then formed the answer around those.
the first was the enviornment which i talked about local suppliers and linked to finance and budgeting
then i also talked about pressures from employees such as flexible working conditions and linked to HR

i may have accidently talked about three areas of management responsibility through talking about local suppliers (operations) so i'm probably not going to do as well as i hoped

Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 12:16:57 pm
could the maslow question have been safety needs?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 12:27:23 pm
you didn't have to do both advantages and disadvantages for the ten marker right?

i just did advantages of the csr strategies that i chose in regards to influencing  decision making
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: petersenge on November 06, 2018, 01:59:37 pm
For the 6 mark Maslow question, I defined Maslow's Theory, and then explained how each of the needs can be satisfied to motivate employees. Were we meant to only stick to one need?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 02:47:01 pm
For the 6 mark Maslow question, I defined Maslow's Theory, and then explained how each of the needs can be satisfied to motivate employees. Were we meant to only stick to one need?

it looked like the question was supposed to be marked holistically. most poeple stuck to one need but as long as you linked it to the case study to motivate employees you shoud still get the marks
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Little Miss Cocopops on November 06, 2018, 02:50:26 pm
For the 6 mark Maslow question, I defined Maslow's Theory, and then explained how each of the needs can be satisfied to motivate employees. Were we meant to only stick to one need?

Fantastic that you defined it and then explained how it worked.
You then had to mention what level of need was not being met (e.g. physiological needs). After this you then had to explain how 123 childcare could fulfill this need not being met.  Following this you would mention that once that level of need has been met (whatever level of need you chose), higher order needs would become more significant in motivating employees. This is where you would explain how all the other levels of need can be satisfied by 123 childcare.

You seem to be in the right direction :)
Hope this helps
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Rich3331 on November 06, 2018, 03:18:44 pm
you didn't have to do both advantages and disadvantages for the ten marker right?

i just did advantages of the csr strategies that i chose in regards to influencing  decision making

The questions key skill was analyse the ability of two csr considerations to impact decision making. Generally there has to be a degree of examining how it won’t impact decision making.
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: cat_m4 on November 06, 2018, 03:50:47 pm
I was quite surprised at how manageable that exam was. Sortof annoyed/glad there was no Senge, and I think the 10 marker was fair. A bit long but doable. I feel for next years BusMan students though, they've quite possibly got a hard one coming.
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 04:08:34 pm
I was quite surprised at how manageable that exam was. Sortof annoyed/glad there was no Senge, and I think the 10 marker was fair. A bit long but doable. I feel for next years BusMan students though, they've quite possibly got a hard one coming.

did we have to talk about negative effects in the 10 marker? our school told us we didn't have to but everyone else did
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 04:13:13 pm
how many marks do you think we would lose if we didn't talk about disadvantages in the ten mark question?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: ChrissaK on November 06, 2018, 04:31:38 pm
Hi, the definition of "Analyse" i used was:identify the main features then examine closely; show how the parts relate to the whole - this to me means that you dont have to present an against argument  i.e in relation to the 10 mark question.  What do you guys think or do?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Globe on November 06, 2018, 04:48:32 pm
I thought we could only analyse 2 ways CSR is considered in the 10 marker, so I spoke about how Operations would use sustainable and eco-friendly inputs (gave some case study examples), and then spoke about Technology Support and how they could implement and maintain carbon-neutral technology or renewable energy... but maybe I should have spoken about the whole inputs processes and outputs in operations?? eek
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: ChrissaK on November 06, 2018, 04:55:09 pm
I thought we could only analyse 2 ways CSR is considered in the 10 marker, so I spoke about how Operations would use sustainable and eco-friendly inputs (gave some case study examples), and then spoke about Technology Support and how they could implement and maintain carbon-neutral technology or renewable energy... but maybe I should have spoken about the whole inputs processes and outputs in operations?? eek

Did you include any arguments against in your answer
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 04:57:22 pm
I thought we could only analyse 2 ways CSR is considered in the 10 marker, so I spoke about how Operations would use sustainable and eco-friendly inputs (gave some case study examples), and then spoke about Technology Support and how they could implement and maintain carbon-neutral technology or renewable energy... but maybe I should have spoken about the whole inputs processes and outputs in operations?? eek

if you talked about any more then two csr strategies it wouldn't have been marked. alot of people did talk about the key elements but that would mean doing more then two csr strategies. two was the limiting word so they'll only mark the first two strategies so if you talked about two you did it correctly.
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Globe on November 06, 2018, 05:01:06 pm
Did you include any arguments against in your answer

No I didn't. We were taught that analyse just means to consider how one thing affects another, basically break it down. I really don't think analyse means you have to speak about negatives, but you wouldn't get penalised for it either... might add more scope tbh ah

if you talked about any more then two csr strategies it wouldn't have been marked. alot of people did talk about the key elements but that would mean doing more then two csr strategies. two was the limiting word so they'll only mark the first two strategies so if you talked about two you did it correctly.

Phew that's what I was thinking too!
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: ChrissaK on November 06, 2018, 05:06:07 pm
No I didn't. We were taught that analyse just means to consider how one thing affects another, basically break it down. I really don't think analyse means you have to speak about negatives, but you wouldn't get penalised for it either... might add more scope tbh ah

Phew that's what I was thinking too!

Heh Globe, thanks for answering.  Most of the kids at my school did for and against arguments.  I was really worried about this.  What did the kids in your school do?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 06, 2018, 05:09:25 pm
Phew that's what I was thinking too!
[/quote]

For the maslow question, what level of the hierarchy did you say the employees were at?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: cat_m4 on November 06, 2018, 06:43:27 pm
how many marks do you think we would lose if we didn't talk about disadvantages in the ten mark question?

I don't think I really did, I emphasised more on the benefits. I was a lil pressed for time but I am keen to see sample answers to determine what I should have said.
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Rich3331 on November 06, 2018, 07:11:18 pm
how many marks do you think we would lose if we didn't talk about disadvantages in the ten mark question?

You wouldn’t lose marks for not talking about disadvantages, you would lose marks for not exploring how a csr consideration does not influence that area of management responsibility’s decision making.


For the maslow question, what level of the hierarchy did you say the employees were at?
[/quote]
Me personally I applied four needs rather than talk about their current level. I said the manager can satisfy the employees physiological needs through increased pay, can meet the employees safety needs through job security, satisfy social needs through meal parties to bond and connect with each other and satisfy self esteem needs by promoting the  hard working long hours employees
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Eatballs on November 07, 2018, 09:16:43 am
Hey,
I was wondering how did you find the difficulty of the  exam hard, easy and etc?

And what are your thoughts on the average percent being lower then last years?
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 07, 2018, 09:25:28 am
Hey,
I was wondering how did you find the difficulty of the  exam hard, easy and etc?

And what are your thoughts on the average percent being lower then last years?

i didn't think the exam was to hard, but there were alot of high marking questions that you needed to go into great detail in. i think the grade distribution will be similiar to last year, but it may be a little harder to get an A+
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Little Miss Cocopops on November 07, 2018, 03:20:45 pm
Will the ten marker be marked holistically (with a rubric)??
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 07, 2018, 03:47:57 pm
Will the ten marker be marked holistically (with a rubric)??

yeah, there were so many ways that it could of been answered, my teacher said the're going to mark it holistically as there weren't any clear marks given for certain parts. as long as you talked about every part of the question it should be fine
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: vceme on November 07, 2018, 03:54:28 pm
Hey,
I was wondering how did you find the difficulty of the  exam hard, easy and etc?

And what are your thoughts on the average percent being lower then last years?

I thought for middle-range students, this exam would of been a lot easier because there was no lean management, senge etc.
however with all the 5,6,7 mark questions, these would probably be marked all globally so therefore it would depend on your level of detail and quality (english essay vibes anyone  :()
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Zaljc on November 08, 2018, 07:36:26 am
Can someone please post the exam on here? I can’t find it anywhere...
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: kat01 on November 08, 2018, 10:03:25 am
Can someone please post the exam on here? I can’t find it anywhere...
Exams cant be posted on here anymore because of copyright  :P
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Zaljc on November 08, 2018, 01:07:52 pm
Exams cant be posted on here anymore because of copyright  :P

Ugh, VCAA should know that us teenagers can’t wait longer. If anyone has the exam, chuck me an inbox and I’ll give you my email!
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 09, 2018, 10:31:38 am
why weren't there any discuss or evaluate on the exam???

i wasted hours leaning every single advantage and disadvantage of every concept of the study design lol
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: emmymoss on November 13, 2018, 03:35:24 pm
does anyone remember what the 10 marker and maslow question said
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Heyyyy on November 13, 2018, 11:51:18 pm
does anyone remember what the 10 marker and maslow question said

The 10 marker was something along the lines of 'analyze two corporate social responosibililty considerations that can influence a manager in decision making. refer to two areas of managment responsibililties in your response

the maslow question said to describe and apply the theory to a case study about 123 child care and motivating their employees
Title: Re: Business Management: Discussion, Questions & Potential Solutions
Post by: Jimmmy on January 02, 2019, 11:44:54 pm
Reviving a quiet thread, but I've finally dared recall the events of November 5th  :P

I can't even remember the exact context of the question, but I really loved (not!) when they forced us to use 'Redeployment of Resources' as a strategy to respond to KPIs in a case study somewhere in the exam.  :P That was literally the running joke for our class in the entirety of our revision period, and it comes up on the exam! I doubt many of us lost marks on it, but I really dislike the way that question was structured. What's the point of forcing students into explaining that one strategy when we learned eight?

I think this exam really did favour the people who were able to memorise definitions word for word, and had a really good case study for the Leadership/Change management. Many of the more detailed concepts we learned in the theory were left out, and several of the questions seemed to double up on content without asking for higher order responses other than the 10 marker, which from my vague recollection seemed fair enough. It certainly felt like one of those exams that could've covered a lot more content and allowed students to 'show off their knowledge' more, and didn't.