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	<title>Business Studies @ Schols &#187; Managing Change Effectively</title>
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		<title>Managing Change Effectively &#8211; How it was questioned in the 2004 HSC</title>
		<link>http://scholsbiz.edublogs.org/2007/11/30/managing-change-effectively-how-it-was-questioned-in-the-2004-hsc/</link>
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		<pubDate>Fri, 30 Nov 2007 01:46:09 +0000</pubDate>
		<dc:creator>scholsbiz</dc:creator>
				<category><![CDATA[Business Management & Change]]></category>
		<category><![CDATA[Managing Change Effectively]]></category>

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		<description><![CDATA[ 
We have currently been covering Managing Change Effectively in class. How this will be questioned in the 2008 HSC is unknown but below you will find a classic question from the 2004 paper that blends effective change management with marketing strategies and emplyoment relations. This is an effective way for examiners to measure your learning [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://scholsbiz.edublogs.org/files/2007/11/hsc-2004-section-iii-managing-change-er-and-mkt-strategies.JPG" title="2004 HSC - Section III"><img width="150" src="http://scholsbiz.edublogs.org/files/2007/11/hsc-2004-section-iii-managing-change-er-and-mkt-strategies.thumbnail.JPG" alt="2004 HSC - Section III" height="185" /></a> </p>
<p>We have currently been covering Managing Change Effectively in class. How this will be questioned in the 2008 HSC is unknown but below you will find a classic question from the 2004 paper that blends effective change management with marketing strategies and emplyoment relations. This is an effective way for examiners to measure your learning in this partiicular area.</p>
<p>You are advised to read over this question and to see how you would approach answering this question. Note that this question tests your knowledge from 3 separate topic areas. Whilst we haven&#8217;t done much on Employment Relations yet you may still recall enough on the Marketing Strategies we did in Year 11 to answer that part of the question as well.</p>
<hr /><font color="#800000">2004 HIGHER SCHOOL CERTIFICATE EXAMINATION </font><font color="#800000">Business Studies </font><font color="#800000">Section III </font><font color="#800000">20 marks<br />
Attempt Question 26<br />
Allow about 35 minutes for this section </font></p>
<p><font color="#800000">Answer the question in a writing booklet. Extra writing booklets are available. </font></p>
<p><font color="#800000">In your answer you will be assessed on how well you: </font></p>
<p><font color="#800000">¦ use your knowledge and the information provided<br />
¦ communicate using relevant business terminology and concepts<br />
¦ present a logical, well-structured answer to the question in the form of a business report<br />
Question 26 (20 marks) </font></p>
<p><font color="#800000">Business Basic Phone Company is a retailer of mobile phones. Most of its products have<br />
been sold to customers 25 years of age and over, mainly for business purposes. Its product range, promotion and pricing strategies are tailored to appeal to business organisations. </font></p>
<p><font color="#800000">Business Basic Phone Company has retail outlets in major shopping centres. Customers<br />
need to come to the shop to purchase products and pay accounts. Its employees are mainly  permanent, working 9.00 am–5.00 pm, with some casual staff employed on weekends and  for late-night trading on Thursdays. </font></p>
<p><font color="#800000">In recent years there has been: </font></p>
<p><font color="#800000">• <strong>increasing competition</strong> in the mobile phone market;<br />
• <strong>changes in the type of consumers</strong> buying mobile phones;<br />
• <strong>changing expectations</strong> for mobile phone products and services; and<br />
• <strong>changing retailing methods</strong>, such as web-based marketing of mobile phones.<br />
These changes have forced Business Basic Phone Company to seek the advice of a<br />
consultant about the directions the business needs to take if it is to remain competitive. </font></p>
<p><font color="#800000">You have been engaged as a consultant by the managing director of Business Basic Phone<br />
Company to prepare a report for the Board. </font></p>
<p><font color="#800000">In your report: propose a marketing strategy that would enable the business to expand its market share; explain the impact of this new strategy on effective employment relations; and recommend <strong>strategies for managing this change effectively</strong>. </font></p>
<p><font color="#800000"></p>
<hr /></font></p>
<p><font color="#000000">The Marking guidelines given to examiners for this question were as follows;</font></p>
<p>MARKING GUIDELINES<br />
Criteria Marks for an A response (17-20 out of 20)<br />
• Presents a sustained, logical and well-structured business report and clearly communicates using features of a business report with appropriate business terminology and concepts.<br />
• Puts forward for consideration an appropriate marketing strategy that would enable the business to expand its market share<br />
• Relates cause and effect of the impact of the marketing strategy on effective employment relations<br />
• Provides detailed reasons in favour of strategies for managing the change effectively</p>
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