HSC Business Studies Multiple-Choice Quiz

Try 4 original practice questions. Choose an answer for each question to see your score and the explanations.

1. A firm introduces a production step that checks each finished item against its design specification. Which strategy is this? Market segmentation Cash flow forecasting Outsourcing Quality control

2. A business has positive annual profit but cannot pay a supplier on time. Which report most directly helps it investigate the timing problem? A cash flow statement A production schedule A customer profile An employee roster

3. Which example shows market segmentation? Calculating the cost of unsold inventory Replacing a supplier Charging the same price to every customer Grouping customers by how frequently they buy

4. What is one likely operational trade-off when a manufacturer holds less stock on site? Lower holding costs can come with greater exposure to supplier delays Customer demand becomes more predictable All delivery times become shorter Storage costs always increase

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