VCE Business Management

2026 exam predictions

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Sample original practice question

Try a VCE Business Management question

A regional furniture maker expands and hires twelve new staff, who spend their wages in local shops. Which role of business in the economy does this best illustrate?

  • Driving innovation
  • Creating employment
  • Producing goods and services
  • Protecting intellectual property
Show the worked answer

Answer: B

The scenario centres on new jobs and the wages that flow from them into the local community, which is the employment role. Driving innovation would involve new products or processes, producing goods and services would focus on the furniture itself rather than the staff, and protecting intellectual property is not a role of business in the economy at all.

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