VCE Bus Man Sample aos 1 unit 3 PDF

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unit 3 aos 1 sample practice sacs with solutions...

Description

1

DECODE: VCE BUSMAN

VCE Business Managemen

its 3&4

Volume 1: Tria FIRST E (VCE Study Solutio

ad: au

Sahil Bhatia

1

Volume 3 Solutions Manual Scan QR code™ to open!

DECODE: VCE BUSMAN

2

ISBN: 978-1-922445-05-6 First published in 2020, by: Decode Publishing Pty Ltd ABN 16 640 806 686 Burwood, VIC 3125 E-mail: [email protected]

A note about copying We get it. We were there ourselves no more than a few years ago. It’s tough to do the best you can, and to do so you need to have the best materials. E resources that you don’t have. You can’t afford to buy them all, and you parents to buy more books for you, when they already work hard en friends who cannot afford this book but would benefit from its co letting them copy it without paying for it, and we are honestly wonderful resource. But if you can afford it, we ask that you kindly spa recent students who took considerable time and e our wisdom and expertise in these subjects and siderate of the talented authors who wrote t

g a VCE student. You want se seems to have all the that pressure on your hool. If you have stop you from efit from this

rote this book. We are r commitments, to collate le book form. Please be con-

Legal jargon Copyright © Decode Publishing All rights reserved. With the exception of tha be reproduced, stored or otherwise, witho

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an Copyright Act of 1968, no part of this book may in any form or by any means, electronic, mechanical

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DECODE: VCE BUSMAN

Preface. Anyone can know the content for a subject but the trick is whether you are able to present that knowledge to examiners in a way that is succinct and satisfies all requirements of the question. It is for this reason that this study guide will be an invaluable asset during your Business Management journey. I believe this book is a perfect revision tool for three reasons: 1. This book contains predicted questions for what your SACs and the final exam will contain using the same thought process that allowed me to predict questions for my exam. These predictions also contain a variety of tricks which aims to encourage you to be more pedantic when responding to actual assessment tasks and think outside the box when it comes to application questions. 2. The model solutions and marking scheme attempts to match that of VC A exams as much as possible — the marking scheme is beneficial in breaking down the question provi smaller mini questions. Furthermore, the detailed solutions — perhaps the most important com tudy guide — will explain how to logically process the question and structure your respons ent requirements of the question. 3. The final exam is very time-constrained — in fact, I rem This book will allow you to practice your time manag answer questions within the required time frame. plan’ or ‘plan of attack’ for your actual assessm Just remember that you’ve picked one of th of the only subjects with knowledge that

shing the exam! you can effectively u to develop a ‘game ur final exam. – Business Management is one er you graduate!

Good luck with it all! Sahil Bhatia

Acknowledgem I would like to than study guide for B of writing a bo I would also like enjoyable during my gratitude, featured her i

ular Thushan) for giving me the opportunity to write a resome, I’ve learnt much about the challenges and rewards

anagement teacher, Marika Leigh, for making the subject extremely viding me with the knowledge to write this guide. I have, as a token of questions.

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Table of Contents. Introduction Command Term List Section 1: Trial SACs Unit 3 Area of Study 1, SAC 1: Unit 3 Area of Study 2, SAC 2: Unit 3 Area of Study 3, SAC 3: Unit 4 Area of Study 1, SAC 4: Unit 4 Area of Study 2, SAC 5:

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Business Foundations Managing Employees (PLUS 10 mark question) Operations Management (PLUS 10 mark question) Reviewing Performance (PLUS 10 mark question) Implementing Change

Section 2: Extra Case Studies Case Study 1 Case Study 2 Case Study 3

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7 19 33 45 59

73 80 85

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DECODE: VCE BUSMAN

Command Term List. Assessors often highlight in Business Management examination reports that students are not aware of the requirements of command terms. The below list contains the most common task words that will appear in your end of year exam. It is important that you understand what the command terms mean and be able to satisfy different command terms within a much larger question. A useful strategy which I applied during my SACs was to read through the question and highlight every command term I came across — this ensured that I was satisfying every component of the question. I encourage you to adopt the same approach so you can maximise the amount of marks earned. Command outline define state identify distinguish describe explain discuss compare evaluate

What you need to do State specific features of the concept. State the meaning of a specific term. Present in a simple manner. Pinpoint or recognise something out of alternative optio State how two items are different with respect to a sp Provide a brief overview of the features of a term. State the features and substantiate them through or implications (consequences). Explain two advantages and two disadva Explain two similarities and two diffe Explain two advantages and two di Provide a final concluding opin

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DECODE: VCE BUSMAN

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Section

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DECODE: VCE BUSMAN

Letter STUDENT NUMBER

BUSINESS MANAGEMENT Unit 3 Area of Study SAC 1: Business Foun Day Date Reading time: *.** to Writing time: *

QUESTIO

uestions nswered

Section

Number of marks

A

3

25

B

4

15 Total 40

• Stud n. • St the examination room: pens, pencils, highlighters, erase • Students o bring into the examination room: blank sheets of paper and/or correction fl • No calculator i d in this examination. Materials supplied • Question and answer book of 11 pages. • Additional space is available at the end of the book if you need extra paper to complete an answer. Instructions • Write your student number in the space provided above on this page. • All written responses must be in English. Students are NOT permitted to bring mobile phones and/or any other unauthorised electronic devices into the examination room.

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SECTION A - Short Answer Questions

Instructions for Section A Answer all questions in the spaces provided.

Question 1 (15 marks) a. Describe the primary business objective that a social enterprise would have and state an example of one contemporary social enterprise.

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3 marks

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b.

DECODE: VCE BUSMAN

Discuss the use of a private limited company structure.

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4 marks

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DECODE: VCE BUSMAN

c.

10

Explain the interests of two stakeholders and a potential conflict that may exist between these interests.

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10

4 marks

11

d.

DECODE: VCE BUSMAN

Compare the use of a private limited company and public listed company business structure.

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4 marks

DECODE: VCE BUSMAN

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Question 2 (6 marks) a. Define corporate culture and explain one strategy that could be used to develop a more positive corporate culture.

3 marks

b.

3 marks

Distinguish between official and real corpo

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DECODE: VCE BUSMAN

Question 3 (4 marks) A newly opened kebab store has accidentally added a jalapeï¿œo to an elderly woman’s kebab. She is now in hospital due to experiencing significant bowel-related issues — this has caught media attention around Australia and has damaged the kebab store’s reputation. The local kebab store manager usually opts for a consultative management style during day-to-day business operations. Assess the suitability of the kebeb store manager using an autocratic management style during this time.

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SECTION B - Case study

Instructions for Section B Use the case study provided to answer the questions in this section. Answers must apply to the case study. Answer all questions in the spaces provided.

Case study

Marika Leigh is the owner of one of the franchises of Marika’s Mot manufacturing company founded in 1968. The primary objective which is invested back into improving workplace operations a currently has over 100 employees across different departm Since 2017 Marika has opted for a ‘strict’ managem the workplace and disallows them from partaking a number of issues, including staff taking mor Question 1 (3 marks) Identify the type of business structure

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— a motorcycle s to earn a profit, rika’s business

what to do in e business has faced

features of this structure.

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DECODE: VCE BUSMAN

Question 2 (3 marks) Explain how one area of management responsibility could be used to achieve a business objective, other than to make a profit, at Marika’s Motorbikes Ltd.

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Question 3 (4 marks) Explain how planning skills can be used by Marika to address the issues the business is facing. Outline one advantage and one disadvantage of using planning skills.

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DECODE: VCE BUSMAN

Question 4 (5 marks) Identify the type of management style Marika currently employs. Explain which management style she should shift to in order to develop a more positive corporate culture and address the issues the business is facing.

END OF QUESTION AND ANSWER BOOK

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DECODE: VCE BUSMAN

Letter STUDENT NUMBER

BUSINESS MANAGEMENT Unit 3 Area of Stu SAC 2: Managing

s

Day Reading time: * Writing ti

QUES

K

r of questions o be answered

Section

Number of marks

2

25

3

15 Total 40

ack pen. g into the examination room: pens, pencils, highlighters, ers. itted to bring into the examination room: blank sheets of paper and/or

• S eras • Studen correction • No calculator llowed in this examination. Materials supplied • Question and answer book of 11 pages. • Additional space is available at the end of the book if you need extra paper to complete an answer. Instructions • Write your student number in the space provided above on this page. • All written responses must be in English. Students are NOT permitted to bring mobile phones and/or any other unauthorised electronic devices into the examination room.

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Managing Employees: additional 10 mark question. Well done on completing this practice test. Now let’s give you some practice on completing ten markers – which is the question of the exam that can easily shift your study score depending on how you answer it! You will become better at completing these question types when you begin exam revision, however, it is important to practice a range of ten markers throughout the year. You shouldn’t think of it as a long essay you have to write, but rather, a series of mini questions that can be answered within a much larger question. Here are some tips for responding to the ten-marker: • ensure that your response is paragraphed • ensure that you signpost so examiners can clearly follow your train of thought • ensure that you have an introduction and concluding statement – thi for an English subject and this services to give your writing structu • ensure you underline key words in the response – the ten-m requires a lot of writing in order to score in the higher brack to keep track of the important details amidst all the fluff

milar to a text you would write y the amount of marks, rds allows examiners

Question X1 (10 marks) A lack of motivation can lead to many issues for t • employee dissatisfaction in their roles • high levels of staff turnover • an uncommitted workforce • negative corporate culture Explain how a motivation theo aforementioned issues caus

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egies can be used to address the

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DECODE: VCE BUSMAN

Letter STUDENT NUMBER

BUSINESS MANAGEMENT Unit 3 Area of Stu SAC 3: Operations M

nt

Day Reading time: * Writing ti

QUES

K

r of questions o be answered

Section

Number of marks

3

25

4

15 Total 40

ack pen. g into the examination room: pens, pencils, highlighters, ers. itted to bring into the examination room: blank sheets of paper and/or

• S eras • Studen correction • No calculator llowed in this examination. Materials supplied • Question and answer book of 12 pages. • Additional space is available at the end of the book if you need extra paper to complete an answer. Instructions • Write your student number in the space provided above on this page. • All written responses must be in English. Students are NOT permitted to bring mobile phones and/or any other unauthorised electronic devices into the examination room.

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DECODE: VCE BUSMAN

Letter STUDENT NUMBER

BUSINESS MANAGEMENT Unit 4 Area of Stu SAC 4: Reviewing P

ce

Day Reading time: * Writing ti

QUES

K

r of questions o be answered

Section

Number of marks

3

25

3

15 Total 40

ack pen. g into the examination room: pens, pencils, highlighters, ers. itted to bring into the examination room: blank sheets of paper and/or

• S eras • Studen correction • No calculator llowed in this examination. Materials supplied • Question and answer book of 11 pages. • Additional space is available at the end of the book if you need extra paper to complete an answer. Instructions • Write your student number in the space provided above on this page. • All written responses must be in English. Students are NOT permitted to bring mobile phones and/or any other unauthorised electronic devices into the examination room.

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DECODE: VCE BUSMAN

Letter STUDENT NUMBER

BUSINESS MANAGEMENT Unit 4 Area of Stu SAC 5: Implement

e

Day Reading time: * Writing ti

QUES

K

r of questions o be answered

Section

Number of marks

5

25

4

15 Total 40

ack pen. g into the examination room: pens, pencils, highlighters, ers. itted to bring into the examination room: blank sheets of paper and/or

• S eras • Studen correction • No calculator llowed in this examination. Materials supplied • Question and answer book of 13 pages. • Additional space is available at the end of the book if you need extra paper to complete an answer. Instructions • Write your student number in the space provided above on this page. • All written responses must be in English. Students are NOT permitted to bring mobile phones and/or any other unauthorised electronic devices into the examination room.

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1

DECODE: VCE BUSMAN

VCE Business Manageme

s 3&4

Volume 2: Trial E FIRST (VCE Stud

1)

Solu

load: m.au

Sahil Bhatia

1

Volume 3 Solutions Manual Scan QR code™ to open!

DECODE: VCE BUSMAN

2

ISBN: 978-1-922445-06-3 First published in 2020, by: Decode Publishing Pty Ltd ABN 16 640 806 686 PO Box 1007 Ashwood VIC 3147 E-mail: [email protected]

A note about copying We get it. We were there ourselves no more than a few years ago. It’s tou to do the best you can, and to do so you need to have the best materia resources that you don’t have. You can’t afford to buy them all, and y parents to buy more books for you, when they already work har friends who cannot afford this book but would benefit from its letting them copy it without paying for it, and we are hon wonderful resource. But if you can afford it, we ask that you kindly recent students who took considerable time an our wisdom and expertise in these subjects siderate of the talented authors who wro

VCE student. You want eems to have all the pressure on your l. If you have top you from benefit from this

o wrote this book. We are other commitments, to collate ssible book form. Please be con-

Legal jargon Copyright ©Decode Publishi All rights reserved. With the exception of be reproduced, sto or otherwise, w

Volume 3 Solutions Manual Scan QR code™ to open!

ralian Copyright Act of 1968, no part of this book may tted in any form or by any means, electronic, mechanical

2

3

DECODE: VCE BUSMAN

Preface. Anyone can know the content for a subject but the trick is whether you are able to present that knowledge to examiners in a way that is succinct and satisfies all requirements of the question. It is for this reason that this study guide will be an invaluable asset during your Business Management journey. I believe this book is a perfect revision tool for three reasons: 1. This book contains predicted questions for what your final exam will contain using the same thought process that allowed me to predict questions for my exam. These predictions also contain a variety of tricks which will encourage you to think outside the box when it comes to application questions. 2. The model solutions and marking scheme attempts to match that of VCAA exams as much as possible — the marking scheme is beneficial in breaking down the question...