Vce business management - Study guides, Class notes & Summaries

VCE BUSINESS MANAGEMENT UNIT 3 & 4 EXAM REVISION 1. What is a business?: A lawful organisation involved in the provision of goods and/or services to consumers to earn a profit. 2. business type - sole trader: The individual owner of a business who is entitled to keeping all profits, as they are legally and financially responsible for all aspects of the business but are liable for all losses. - Owner has full control of assets and business decisions - Simplest and most inexpensive form of...

Domain name - ANSWER-a unique name identifying the website in a web address Consumer guarantees - ANSWER-consumers are guaranteed rights to repair, replace or refunds under the Australian consumer law Warranty - ANSWER-a written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time. Business taxation compliance - ANSWER-A business must pay tax. A business carrying out an enterprise in Austra...

VCE UNIT 2 Business Management Questions and Answers ( Graded A+) Domain name - ANS- a unique name identifying the website in a web address Consumer guarantees - ANS- consumers are guaranteed rights to repair, replace or refunds under the Australian consumer law Warranty - ANS- a written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time. Business taxation compliance - ANS- A business mus...

Vce Business Management Final Exam Questions With 100% Correct Answers

VCE business management Unit 3 & 4 value for money in buying the product -Providing better support for customers so the business gains a reputation for its after-sales service e.g. extended warranties -Highly effective sales and marketing campaigns -Improved delivery systems e.g. Domino's 20 minute delivery guarantee What is leadership? - correct answer Leadership is the ability to influence and motivate employees of a business to achieve objectives. -a leader cannot be one dim...

Adapted from the new VCAA Unit 3 curriculum for business management in 2023, this document of summary notes outlines the fundamental information on the 6 business types outlined in the study design. These notes are taken across multiple different textbooks to ensure an in-depth explanation of each topic. Use these summary notes to further your understanding in VCE business management and to prepare for the VCE exams.

Adapted from the new VCAA Unit 3 curriculum for business management in 2023, this document of summary notes outlines the fundamental information on the business objectives outlined in the study design. These notes are taken across multiple different textbooks to ensure an in-depth explanation of each topic. Use these summary notes to further your understanding in VCE business management and to prepare for the VCE exams.

This document outlines a summary of VCE Business Management textbook perfect for students to revise for their final examinations. The notes contain a scope of topics such as; social enterprise, government business enterprises, business environments (internal, operational and external), types of objectives, management styles, management skills and employee motivation theories.

Change - ANSWER-the process of taking the existing organisation, altering it and creating a new form. Leader - ANSWER-important people who can help drive change and motivate employees Training - ANSWER-The process of teaching employees the skills and knowledge necessary to perform a job. Motivation - ANSWER-A need or desire that energizes and directs behavior of the employees Management styles - ANSWER-The way managers work with their staff, including the direction of communication a...