ATARMAxxing · Business Studies
HSC Business Studies Practice Questions
64 exam-style questions · full worked solutions
The 64 practice questions inside the HSC Business Studies Mastery Pack, grouped by area of study. Every question comes with a full worked solution.
- Operations
- Multiple choice × 12
- Explain × 1
- Analyse × 1
- Assess × 1
- Evaluate × 1
- Marketing
- Multiple choice × 12
- Describe × 1
- Explain × 1
- Analyse × 1
- Evaluate × 1
- Finance
- Multiple choice × 12
- Calculate × 1
- Explain × 1
- Analyse × 1
- Evaluate × 1
- Human Resources
- Multiple choice × 12
- Describe × 1
- Explain × 1
- Analyse × 1
- Evaluate × 1
Sample question
A furniture manufacturer sources timber from a supplier 200 km away. The business recently implemented a just-in-time (JIT) inventory system. Which outcome is MOST likely from this change?
- A. Increased warehousing costs due to larger safety stock holdings
- B. Reduced lead times and lower holding costs for raw materials
- C. Greater production flexibility from maintaining buffer stock on-site
- D. Higher total inventory levels to prevent supply disruption
Show the worked answer
Answer: B
JIT aims to receive materials only as they are needed, which eliminates the need for large safety stocks and reduces holding costs. Warehousing costs fall and lead times are managed through tight supplier relationships, making B correct.
Included in the HSC Business Studies Mastery Pack
20 full-length practice exams with worked solutions, 20 revision notes, 64 practice questions and 200 flashcards.
Preview a sample note and question free on the HSC Business Studies hub →