VCE Business Management Units 3&4 (2024)
EXIT Exam Questions and Answers 2025-2026
latest.
Agreements - n
Ans✔
are legal documents that outline the wages and conditions of employees and are
applicable to a particular business or group of businesses.
Qs
Arbitration - n
Ans✔
involves an independent third-party hearing arguments from both disputing parties
and making a legally binding decision to resolve the conflict.
Qs
Artificial intelligence (AI) - n
Ans✔
involves using computerized systems to simulate human intelligence and mimic
human behavior.
Qs
Autocratic management style - n
Ans✔
involves a manager making decisions and directing employees without any input
from them.
Qs
Automated production lines - n
Ans✔
,involve machinery and equipment that are arranged in a sequence, and the product
is developed as it proceeds through each step.
Qs
Awards - n
Ans✔
are legal documents that outline the minimum wages and conditions of work for
employees across an entire industry.
Qs
Business change - n
Ans✔
is the alteration of behaviours, policies, and practices of a business.
Qs
Business objectives - n
Ans✔
are the goals a business intends to achieve.
Qs
Career advancement - n
Ans✔
is the upwards progression of an employee's job position.
Qs
Change step - n
Ans✔
involves moving a business towards its desired state.
Qs
,Communication - n
Ans✔
is the skill of effectively transferring information from one party to another.
Qs
Communication as a low-risk strategy - n
Ans✔
involves managers openly and honestly transferring information to employees, and
listening to their feedback so that employees are fully aware of the reasons for, and
impacts of an upcoming change.
Qs
Computer-aided design (CAD) - n
Ans✔
is digital design software that aids the creation, modification, and optimisation of a
design and the design process.
Qs
Computer-aided manufacturing techniques (CAM) - n
Ans✔
involve the use of software that controls and directs production processes by
coordinating machinery and equipment through a computer.
Qs
Consultative management style - n
Ans✔
involves a manager seeking input from employees on business decisions but
making the final decision themselves.
Qs
Corporate culture - n
, Ans✔
is the shared values and beliefs of a business and its employees.
Qs
Corporate culture - n
Ans✔
is the shared values and beliefs of a business and its employees.
Qs
Corporate social responsibility (CSR) - n
Ans✔
is the ethical conduct of a business beyond legal obligations, and the consideration
of social, economic, and environmental impacts when making business decisions.
Qs
Corporate social responsibility (CSR) - n
Ans✔
is the ethical conduct of a business beyond legal obligations, and the consideration
of social, economic, and environmental impacts when making business decisions.
Qs
Cost cutting - n
Ans✔
is the process of reducing business expenses.
Qs
Customers - n
Ans✔
are individuals or groups who interact with a business by purchasing and utilising its
goods and services.
EXIT Exam Questions and Answers 2025-2026
latest.
Agreements - n
Ans✔
are legal documents that outline the wages and conditions of employees and are
applicable to a particular business or group of businesses.
Qs
Arbitration - n
Ans✔
involves an independent third-party hearing arguments from both disputing parties
and making a legally binding decision to resolve the conflict.
Qs
Artificial intelligence (AI) - n
Ans✔
involves using computerized systems to simulate human intelligence and mimic
human behavior.
Qs
Autocratic management style - n
Ans✔
involves a manager making decisions and directing employees without any input
from them.
Qs
Automated production lines - n
Ans✔
,involve machinery and equipment that are arranged in a sequence, and the product
is developed as it proceeds through each step.
Qs
Awards - n
Ans✔
are legal documents that outline the minimum wages and conditions of work for
employees across an entire industry.
Qs
Business change - n
Ans✔
is the alteration of behaviours, policies, and practices of a business.
Qs
Business objectives - n
Ans✔
are the goals a business intends to achieve.
Qs
Career advancement - n
Ans✔
is the upwards progression of an employee's job position.
Qs
Change step - n
Ans✔
involves moving a business towards its desired state.
Qs
,Communication - n
Ans✔
is the skill of effectively transferring information from one party to another.
Qs
Communication as a low-risk strategy - n
Ans✔
involves managers openly and honestly transferring information to employees, and
listening to their feedback so that employees are fully aware of the reasons for, and
impacts of an upcoming change.
Qs
Computer-aided design (CAD) - n
Ans✔
is digital design software that aids the creation, modification, and optimisation of a
design and the design process.
Qs
Computer-aided manufacturing techniques (CAM) - n
Ans✔
involve the use of software that controls and directs production processes by
coordinating machinery and equipment through a computer.
Qs
Consultative management style - n
Ans✔
involves a manager seeking input from employees on business decisions but
making the final decision themselves.
Qs
Corporate culture - n
, Ans✔
is the shared values and beliefs of a business and its employees.
Qs
Corporate culture - n
Ans✔
is the shared values and beliefs of a business and its employees.
Qs
Corporate social responsibility (CSR) - n
Ans✔
is the ethical conduct of a business beyond legal obligations, and the consideration
of social, economic, and environmental impacts when making business decisions.
Qs
Corporate social responsibility (CSR) - n
Ans✔
is the ethical conduct of a business beyond legal obligations, and the consideration
of social, economic, and environmental impacts when making business decisions.
Qs
Cost cutting - n
Ans✔
is the process of reducing business expenses.
Qs
Customers - n
Ans✔
are individuals or groups who interact with a business by purchasing and utilising its
goods and services.
