Financial Decision
Economics vocabulary
Improving productivity
General HASS knowledge
General Knowledge
100

List three factors that influence a major consumer decisions, such as buying a car or home.

Price, personal needs or preferences, quality, brand reputation, peer recommendation, marketing, social and cultural factors.

100

The process of teaching employees skills, abilities and knowledge.

Training.

100

List three types of investment technology applications used by businesses to improve productivity.

Robotics, AI, Laptops, Computers, Computer-Aided Design (CAD)...

100

Name the only state/territory to vote ‘yes’ in The Voice referendum

Australian Capital Territory

100

How many ghosts chase Pac-Man at the start of each game?

4 (four)

200

Why are not all consumers interested in paying the lowest price for an item?

Because price can be associated with the quality of a product.

200

Input

The materials, equipment and labour used in the process of production.

200

List three capital investments that a business needs to have to increase productivity.

Building, machinery, software, furniture, patents.

200

Which World Cup did Australia host in 2023?

FIFA Women’s World Cup

200

What Netflix show had the most streaming views in 2021?

Squid Game

300

What is credit?

Credit is where money is lent to a borrower and must be repaid later, usually with interest.

300

Inventory

The goods and materials held as stock by a business.

300

What area does the human resources department is responsible?

It is responsible for coordinating all the activities related to the employees of a business, such as training and recruitment. 

300

Why did 50,000 people walk across Sydney Harbour Bridge in March 2023?

The Pride March on the final day of WorldPride

300

Kratos is the main character of what video game series?

God of War

400

What are the consumer groups that marketing targets in order to increase sales?

Age and gender of consumers.

400

Just-in-time

an inventory system that ensures the correct materials arrive just as they are needed in the operations process.

400

List the three common methods of training.

off-the-job training

on-the-job training

competency-based training

400

Which social media platform was banned from all government devices, including the phones of politicians, in April 2023?

TikTok

400

What artist has the most streams on Spotify?

Drake

500

List three ethical and environmental considerations consumers may consider before buying a product.

Animal rights (animal cruelty), the environment (recyclable packaging); and human rights (fair wages and no exploitation).

500

Innovation

Adding a new product to an existing product line or significantly improving an existing product or process. 
500

What is workplace ethics?

Workplace ethics are standards that apply to business, such as being honest in business dealings with others.

500

Why did large crowds gather in Exmouth in Western Australia in April 2023?

To witness a rare total solar eclipse

500

Which language has the more native speakers: English or Spanish?

Spanish

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