Sample HSC Papers : Business Studies

TVs, hairdryers and kitchen appliances
pricing mix
The psychology of pricing points apply
In the example of the electronic store there would be TVs at a number of different price points
pricing policy
This involves carefully balancing the goals of revenue maximisation and profit maximisation
Global financial management
Risks
exchange rate movements
exchange rate are likely to fluctuate over time
a strong $A dollar will make local tourism, manufacturing and international education less competitive in Australia
movements in exchange rates can erode anticipated profits
interest rate movements
interest rates vary between countries
for this reason businesses often access global financial markets for the best interst rates, but caution has to be used to ensure that the benefit of a competitive rate is not eroded by possible exchange rate movements
the risk that commodities may rise in price due to supply and demand factors

the risk that the goods will not be paid for when shipped overseas
, there are different
methods of payment
with varying risk for exporter and importer
payment in advance
letter of credit
clean payment
payment in advance
this is a high risk for the importer

which could be minimised by checking credit ratings
letter of credit
after the exporter and importer have exchanged contracts there is an exchange of documents and money through intermediaries
here the importers bank plays a significant role
the bank assumes the risk of non-payment
the bank handles and checks the shipping documentation
the bank pays the exporter when the goods arrive in the importers warehouse
the banks charges fees for the service
clean payment
the importers bank is involved, but with a lesser role
the exporter and importer handle the shipping documentation
the bank charges a fee, but it is lower

as their involvement is less
bill of exchange
a document that allows the exporter to keep control of goods until payment is made
it instructs the buyer to pay for the goods on a specified date
hedging
any financial tool or strategy used to reduce the risk of loss from financial transactions
derivatives
a contract where the value of the contract is derived from, and dependant upon, the value of another product
Teaching strategy:
students prepare a T chart comparing the two opposing fiscal approaches
Teacher: J.W.

28 BUSINESS STUDIES Dear Grade 12 Business Studies learner Grade 12 Business Studies is the culmination of three years of study. The content indicated as RECAP ...

Operations Essay | Year 12 HSC - Business Studies | …

inventories
: businesses need to hold appropriate levels of stock, they need enough to satisfy customer demand, but they dont want excess stock they can't sell; computerisation can be used for stock management, and some companies use the JIT (just in time) method, where storage of stock is avoided

Control of current liabilities
1.

154
Graphic presentation: Virgin Australia re branding, see graphic / data frame to the right
quality
technology
styling
warranty
servicing aspects
branding
provision of credit
packaging
Product aspect: Branding
brands are at the very heart of marketing
a brand is a
logo, name, symbol or design
that distinguishes a business's products from other products in the marketplace.
Teaching and learning strategies incorporating 'Students learn to':

discuss: the importance of branding after viewing the brands in the photos above, all of which belong to BMW (Bavarian Motor Works)
view: Audi branding, see graphic / data frame to the right
discuss the Coca Cola and Pepsi brands as mentioned p.

HSC - Year 12 - Business Studies

145
Teaching and learning strategies incorporating 'Students learn to':

Students view the diagram above, and quiz students on words selected from the word cloud
Students make a list of the key factors in BMW's Strategic Marketing Plan, link above
Internet research: view the link above and students look for the strategies of BMW as perceived by the author of the work
Teaching and learning strategies incorporating 'Students learn to':

Discuss why unfair competition and sugging are not ethical marketing practices and how each damages the business environment
Topic test: multiple choice questions p.

LUND
celebrity branding
online affordable fashion
use of social media
cool brand personality
brand renewal
cool pop culture brand
rapid model turnover
competitors: top end luxury goods
student case study presentations
White Tiger
similar product but organic and Fair Trade
totally different market
corporate social responsibility (CSR)
Teaching and learning strategies in this colour
Interdependence
Marketing approaches over time
Types of markets
Strategic role of marketing
Role of marketing
Teaching and learning strategies incorporating 'Students learn to':

Use the internet to research various definitions of marketing
Discuss why marketing is a strategic role in business
Internet case study: smartphones and the importance of successful marketing strategies p.116
Internet research: look for historical sales figure analysis by different operating platforms
Reflection questions p.

HSC - Year 11 - Business Studies.

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HSC Business Studies: Finance by john lund on Prezi

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HSC: Business studies- Marketing notes - WriteWork

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HSC: Business studies- Marketing notes

What products are offered?
What is the role of
merchant banks
?

What other services do they provide?
How do
finance companies
operate?
What do
superannuation companies
invest in?
Explain how
life insurance companies
operate?
What are the roles of the
Reserve Bank
?
What has to be available to the public for the issue of
new shares
via the ASX?
What type of
tax
do companies pay?
What type of financial institutions are AMP, AXA and MLC?
What type of company is GE Capital Australia?
How do
unit trusts
work?
Explain what a
mortgage
is?
What has been a major
global influence
in the last year?
Quiz: influences on financial management
Processes of financial management
Planning and implementing
the focus of the HSC course is on large businesses
the Chief Financial Officer (CFO) will be a key member of the business's planning team
the planning involves 3 to 10 year time frames
financial planning will refer to the quantity of finance, the most appropriate type of finance, when it will be needed and other timing aspects
Budgets
these are the specific financial forecasts needed to achieve the objectives
they indicate when the finance will be needed
where the money will come from
and what it will be spent on
Record systems
these are concerned with tracking all data related to the business and will involve sophisticated software
Financial risk
there is the possibility of not being able to repay a debt when required and contingency plans will be necessary
Financial controls
control tools allow managers to compare what was planned with what actually happened and take corrective action if necessary
Factors to consider for debt funding

or financing
:

How long are the funds required for?
Can repayment requirements be made?
Can we obtain finance readily?
Where is the economy going?
What can we do if plans go wrong?
What tax advantages are involved?
Advantages of equity and debt financing

The ..........................

16/10/2011 · Business Studies; Business Report FAQ; ..

193, 194
Teaching and learning strategies incorporating 'Students learn to':

construct a mind map explaining the interdependence of financial management with the other key business functions (read text p 194 -196 first)
see p.

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