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Year 12 Business Studies

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Topic 1 | Operations

Sub topic 4: Operations strategies

Lesson 1 | Performance objectives

  • performance objectives – quality, speed, dependability, flexibility, customisation, cost

Lesson 2 | Operations strategies

  • new product or service design and development

  • supply chain management – logistics, e-commerce, global sourcing

  • outsourcing – advantages and disadvantages

  • technology – leading edge, established

  • inventory management- advantages and disadvantages of holding stock. LIFO (last-in-first-out), FIFO (first-in-first-out), JIT (just-in-time)

Lesson 3 | Quality management

  • quality management – control, assurance, improvement
    – control
    – assurance
    – improvement

Lesson 4 | Managing change in business

  • overcoming resistance to change – financial costs, purchasing new equipment, redundancy payments, retraining, reorganising plant layout, inertia

Lesson 5 | Global factors in business

  • global factors – global sourcing, economies of scale, scanning and learning, research and development

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  • HSCStudy Lab Lessons

    38 Lessons

    The course content covers the NSW Year 12 Business Studies Syllabus comprehensively.

  • HSCStudy Lab Quizzes

    60 Practice questions

    60 lesson quizzes that include a variety of question types. This course also includes 3 topic level quizzes, as well as a comprehensive course level practise test.

  • HSCStudy Lab videos

    38 Hours of video

    Video lessons by expert teachers that comprehensively cover every syllabus dot point in the Year 12 Business Studies syllabus.

  • HSCStudy Lab interactives

    24 Interactive activities

    Games and simulators that allow you to practise running your own business, preparing financial statements, and conducting a SWOT analysis.

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