Practice Exam 4
VCE Business Management |
✎ Complete ALL questions on paper before opening the Model Answers lesson. No notes. Aim for 1 minute per mark.
SHORT ANSWER
Question 1 (4 marks)
Compare and contrast autocratic, democratic and laissez-faire leadership styles. In what situations is each most appropriate?
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Question 2 (4 marks)
Describe Kotter’s 8-Step Change Model. Why is managing change effectively so important?
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Question 3 (4 marks)
Explain what is meant by organisational culture. How can a leader influence the culture of an organisation?
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Question 4 (4 marks)
Explain the main causes of resistance to change in organisations and strategies to overcome it.
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Question 5 (4 marks)
Explain the concept of ethical business behaviour. Why do some businesses still act unethically despite knowing better?
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Question 6 (4 marks)
What is corporate governance? Why is it important?
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Question 7 (4 marks)
Explain how innovation drives competitive advantage. Describe two types of innovation with examples.
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Question 8 (4 marks)
Evaluate transformational leadership. Is it always the most effective leadership style?
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EXTENDED RESPONSE
Extended Response 1: Leadership
Question 9 (6 marks)
Extended Response 1: Leadership (a)
Compare transformational and transactional leadership. Evaluate which approach is more effective for managing business change.
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Extended Response 1: Leadership
Question 10 (2 marks)
Extended Response 1: Leadership (b)
What is the role of communication in successful change management?
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Extended Response 2: Ethics & Governance
Question 11 (5 marks)
Extended Response 2: Ethics & Governance (a)
Using specific examples, evaluate the importance of ethical leadership in Australian business.
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Extended Response 2: Ethics & Governance
Question 12 (3 marks)
Extended Response 2: Ethics & Governance (b)
Explain what a code of ethics is and how it can be implemented effectively in a business.
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✓ Finished? Open the next lesson – Model Answers – to mark your work.