Multiple Choice Answers Comparison (2 Viewers)

[sando]

most common answers: inc mine

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




fuck... i only got 14/20... and thats max

 

[kerfuffle]

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

 

[shinji]

Fuck a duck! It is sociocultural! I completely skipped option D! My bad.

welcome to the club. lol

im loookin at text book [macquarie], and the role of asx. has 3 main markets: equities, debt securities and derivatives.

hence, i beilieve 6 is b?


edit, wording of the question = death of me. asx doesn't buy / sell. - -''

 

[jasonmatthew]

Hey I just rang the ASX in regards to question 6

The person i spoke to said it is 6a)

A) Conducting a public market in shares and debentures
as she said b, securities is mainly done by brokers

 

[sando]

welcome to the club. lol

im loookin at text book [macquarie], and the role of asx. has 3 main markets: equities, debt securities and derivatives.

hence, i beilieve 6 is b?


edit, wording of the question = death of me. asx doesn't buy / sell. - -''

that just made me feel so much better Sinji, even tho it is at ur expense sorry haah

 

[jasonmatthew]

Hey I just rang the ASX in regards to question 6

The person i spoke to said it is 6a)

A) Conducting a public market in shares and debentures
as she said b, securities is mainly done by brokers

 

[shinji]

that just made me feel so much better Sinji, even tho it is at ur expense sorry haah

wahhh

every question i get wrong, less chances of me getting band 6 =(

 

[sando]

Hey I just rang the ASX in regards to question 6

The person i spoke to said it is 6a)

A) Conducting a public market in shares and debentures
as she said b, securities is mainly done by brokers

wtf.. fuck



cant belive sum1 actually rang them lol



but that just contradicts wat the textbook says

 

[Loz_metalhead]

I think I only got 15/20 which is so depressing. I came first in the trial and half yearly:mad1:

Is 14 really D? I do economics and an argument for protection is for infant industries...not strong industries...so I put A

 

[sando]

wahhh

every question i get wrong, less chances of me getting band 6 =(

thats the same with me.. i came 1st in my class in internals.. 90% in trial


but this exam just sucked
ill get 14/20 for MC max

35/40 for short answers max

38/40 for long answers max


thats max mark of 87.. and i know i made more mistakes.. so ill be lucky to scrape band 5 external.

 

[jasonmatthew]

So what that person right saaing its a instead of b? for quesiton 6

 

[XcarvengerX]

I think I only got 15/20 which is so depressing. I came first in the trial and half yearly:mad1:

Is 14 really D? I do economics and an argument for protection is for infant industries...not strong industries...so I put A

I think you swapped question 13 and 14. 13 is about protectionism, 14 about ATM. 13 is B, 14 is D according to me.

PS. gotta study physics now but I have to procrastinate for an hour before can get into study mood .

 

[biggie walls]

C
C
A
C ---> Yeah I am now convinced that it's D
A
A
C ---> Damn! Should of known it was sociocultural
D
C
D
B ---> I believe I'm right: B is the only internal influence (other are globalisation, competitors and external consultant), and it could work e.g. They outsource Training & Development in Marketing and Micheal is trained to website programming and then goes onto make the website.
C --> I reckon I'm right...can't be bothered explaining
D
D --> I reckon competition is right... what else could it be? It's not market!
B
C
A
D
C
C


So overall I think I got 18/20

 

[sando]

C
C
A
C ---> Yeah I am now convinced that it's B
A
A
C ---> Damn! Should of known it was sociocultural
D
C
D
B ---> I believe I'm right: B is the only internal influence (other are globalisation, competitors and external consultant), and it could work e.g. They outsource Training & Development in Marketing and Micheal is trained to website programming and then goes onto make the website.
C --> I reckon I'm right...can't be bothered explaining
D
D --> I reckon competition is right... what else could it be? It's not market!
B
C
A
D
C
C


So overall I think I got 18/20

4 is not B.. as everyone else pointed out 'fexible' is not a management role, it is a management SKILL.. i got it wrong also.. correct answer is D


based on ur answers i got 16/20.. best news i heard all day lol.. id be stoked with that considerin i thought i got 11

 

[Emma204]

Ohhhh I think I stuffed up BIG Time!!!!!!!!!!!!

 

[Loz_metalhead]

Here are the questions

1. A manager calls a staff meeting to resolve issues raised by the union representative. Which best describes the manager's responsibility?
a. to manage by consent
b. use strategic thinking
c. reconcile conflicts of interest
d. perform decisional management

2. Soft droink company has designed a multicoloured bottle to market its new drink. Which market. strategy is being used?
a. place
b. price
c. prduct
d. promotion

3. Which of the following is a reason for international expansion?
a. find new markets
b. ensure business efficiency
c.maximise competitive risk
d. achieve diseconomies of scale

4. Joe posted monthly roster on staff notice board. Scheduled each member with their preferred day off. Which management roles performed?
a. info and ethical
b. interpersonal and flexible
c. info and strategic
d. interpersonal and decional

5.Financial manager of furniture company determined goal of next financial year would be to improve a/receivable turnover. Which objective is being improved?
a. efficiency
b. liquidity
c. profitability
d. solvency

6. Main role of ASX?
a. conduct public market in shares amd debetures
b. buy and sell securities in Aust. B.
c. provide prudential spurvision of financial institutions
d. ensuring investors create economic growth and employment prospects

7. Ana purchased new football boots on reccommendation of friends. What factor influenced choice?
a. competitiveness
b. economic
c. psychological
d. sociocultural

8. Resolve dipute in workplace, union delegate met with management. Resulted in compromise and formal agreement. which process is outlined above?
a. arbitration
b. conciliation
c. mediation
d. negotiation
____
Assets
CA 150 000
NCA 250 000
Intan. 50 000
T.A 450 000
Liabilities
CL 100 000
NCL 200 000
T.L 300 000
Shareholder's equity
Cap. 100 000
Retain. 30 000
T.E 150 000

What is the current ratio?
a. 0.33 :1
b. 1.25 :1
c. 1.5 :1
d. 3:1

10. Gearing ratio
a. 1.25: 1
b. 1.33: 1
c. 1.5: 1
d. 2: 1

11) Michael set up a website to enable his customers to purchase goods online
Which of the following is an internal influence that may have lef to this decision
A) The development of global markets for the products Michael offers
B) The decision by Michael's business to outsource training and development
C) The setting up by Michael's largest competitor of an online purchasing service
D) The modification of the marketing plan on the advice of an external consolutant

12) Which of the following is an advantage of using ower's equity as a source of funds?
A) The owner's unproductive assests are liquidated
B) There is no change of ownership as funding is internal
C) The business can make tax savings in periods of high inflation
D) The business is able to sustain prolonged periods of operating loses

13) The Australian government has decided to follow a policy of free trade. Industry and commerce groups have argued to maintain protectionism.
Which of the following would best describe support the arguement of industry and commerce groups?
A) Retaliation against another country's trade restrictions
B) Reduction of economic growth in the domestic market
C) Restriction of consumer choice to locally produced products
D) Protection of strong domestic industries from foreign imports

14) A bank charges a fee to customers of other bands who use its ATM service
What is the pricing mehtod being used by the bank?
A) Cost-based
B) Break-even
C) Market-based
D) Competition Based

15) A business is offering next day delivery of cleaned and scaled fish to resaurants
What type of market is the business targeting?
A) Consumer
B) Intermediate
C) Resource
D) Wholesale

16) Its a diagram...I think this one is pretty obvious...cant be bothered typing it out.

17) A company reduces the amount of tax it pays by engaging in transfer pricing.
Which of the following describes this practice?
A) Redirecting profits to take advantage of tax havens
B) Buying products from a subsidiary at lower than market prices
C) Undercutting a competitor by selling goods at below cost price
D) Taking advantage of currency fluctations to buy imported raw materials

18) What method could a business use to expand internationally?
A) Varying business practices and ethics
B) Acquiring resources to access technologucal advances
C) Minimising competitive risk
D) Making an agreement to provide technical expertise to an overseas business

19) Which of the following indicates that a business is complying with Equal Employment Opportunity requirements?
A) Granting employment preference to female workers
B) Ensuring that disabled employess have full access to the building
C) Establishing policies to remove discrimination from the recruitment process
D) Ensuring employees have working conditions that meet minimum requirements

20) Which of the following is a measure of effective employment relations
A) The high cost of retrenchment packages
B) Increased use of temporary workers and overtime
C) Industry average levels of voluntary staff turnover
D) Increased training associated with replacing special skills

 

[shinji]

calculated tht i have chances of getting 15+ in mc. lol

 

[wotto111]

ok question one i said it was D because the decisional role of management involves disturbance handling, this making it D and not C.....at least thats the way i saw it.....comments???

 

[summer25]

hey in regards to the question on that atm machine and what pricing method they used i'm pretty sure its cost based. I mean cost based pricing = going rate +margin. In this particular case they are charging a specific margin eg $1.50 per customer who is from another bank. My teacher told us when she was tecahing this section that businesses often have multiple pricing methods that they apply to different customers. Also why would it be competitor based? And market based pricing refers to charging the highest possible price consumers will take without compromising demand.

also i was thinking the one on the restaurant who buys fish could be resource not intermediate market. I looked at my text book and resource is where the factors of production eg land, labour etc are sold - specifically under land it said water, trees, oil...- any natural product eg fish it also said businesses in this market buy resources to turn these into prodcuts or services eg buys fish turns it into dinner. Also the intermediate market involves businesses buying goods to resell them again eg the goods bought are FINAL not intermediate products, its called the intermediate market because the businesses buying the products act as the go between the manufacturer and the consumer eg think of woolworths buying coke then selling it to us. a restaurant is not going to buy raw fish then give it to consumers - it is not a final product.

 

[ihgjuk]

i cant believe you guys care so much! Its over! whats done is done and cant be undone.