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Section I - Multiple Choice (2 Viewers)

Keelan134

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hmmm, 15 was really weird. what did everyone get for that? and 20
15 D- Psychographic as they fitness minded, Demographic as they were office workers

20-B Australian exporters are most affected by a currency appreciation as the value of the exports become expensive for foreigners, therefore less competitive. All the other options involved gains for the business
 

zb123

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Strategies to increase gross profit? Cost centres? because expenses only improves net profit, fixed costs can't be reduced (eg rent is there no matter what)
 

jswant

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Q20 is definitely B. Aus. producers selling wine are affected because NZ is less inclined to buy it because it's now more expensive, due to the rise of the Aus. dollar.

I'm still yet to be convinced on 6. I put marketing.
 

eshaygabberbrah

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Q20 is definitely B. Aus. producers selling wine are affected because NZ is less inclined to buy it because it's now more expensive, due to the rise of the Aus. dollar.

I'm still yet to be convinced on 6. I put marketing.
+100

i also put reducing expenses to increase GP, but im pretty sure its cost centres...
 

Rikyy

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1. C
2. C
3. A
4. B
5. C
6. C
7. A
8. B
9. B
10. C
11. C
12. B
13. D
14. C
15. C
16. A
17. A
18. D
19. B
20. B
 

Keelan134

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Fixed costs can be lowered... What we get in legal studies a lot is answers involving the verb. Use Cost centres means employ cost centres but now you know where costs are attributed to, but what are you gunna do about that? Reduce fixed costs such as by seeking a different insurance policy, lowering salaries, negotiating lease, actually reduces costs. But yeah i am torn, and they will probably go with cost centres. Only one mark lads, head up!
 

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