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HSC 2026 published Aug 2026

Business Studies question styles to look out for

The question styles to have ready — each linked to its evidence and to a question in the practice paper.

Built by a six-model AI panel and backtested against the hidden 2025 papers — how we did it.

About the 2026 exam & how this page was built

Built from a six-model AI analysis of every HSC Business Studies paper, marking guideline and marking-centre feedback report since 2019 — using the same method we backtested against the real 2025 papers before publishing. First, the housekeeping: the current (2010) Business Studies syllabus continues to run — 2026 is NOT a final syllabus year, so expect evolution, not a farewell paper. These are styles to prepare for, not guarantees: our backtest showed the examiners keep the skill and twist the format, so practise the skill chain, not a memorised question.

The near-certainties

Section II · 8–11 marks 6 of 6 models expect this

The finance data question — calculate, interpret, account for, recommend

The finance data question that has anchored Section II every year 2020–2025: a hypothetical business's two-year income-statement or balance-sheet extract plus industry averages; calculate...

Section I · 1–6 marks 6 of 6 models expect this

HR effectiveness-indicator data table: assess the HR management, target the worst indicator

A table of turnover, absenteeism, accidents, satisfaction or output — across periods or across firms.

Section II · 3–8 marks 6 of 6 models expect this

Quality control vs assurance vs improvement — usually protecting outsourced output

The three quality-management strategies, kept distinct and usually harnessed to outsourcing: a business outsources part of production and must be shown which named strategy protects...

On this page
  1. 1. The finance data question — calculate, interpret, account for, recommend
  2. 2. The Section III business report — now with a financial table to read
  3. 3. Critical path analysis — back after two years away
  4. 4. The HR essay returns to Section IV
  5. 5. Awards vs enterprise agreements — the seven-year gap
  6. Where to spend study time
  7. Practice paper
  8. Check our working

The big five (have these cold)

1. The finance data question — calculate, interpret, account for, recommend

6 of 6 models expect this — consensus probability 0.68
What it looks like

the Section II anchor (8–11 marks): a hypothetical business's two-year figures plus industry averages. You calculate a ratio showing working, say what it indicates for this business against last year and the benchmark, account for the deterioration, then recommend a fix.

Why we expect it

it has run every year 2020–2025. The expense ratio (2022, 2025) and current ratio (2024) are fresh, so the panel tips gearing or a profitability ratio (net profit / return on equity) as the calculation.

The traps markers flag (2020, 2022, 2024, 2025)

place value and units; inverted ratios; a correct number with no interpretation — the calculation is only worth 1–2 marks, the thinking carries the rest.

Practise

one full chain per week — calculate → compare → account for → recommend — writing the interpretation as a sentence about the business.

2. The Section III business report — now with a financial table to read

5 of 6 models expect this — consensus probability 0.61
What it looks like

a 20-mark hypothetical (expansion, new contract, overseas entry) with three bullet points and an embedded artefact you must actually use. Recent papers planted a flawed SWOT (2022), a rule-breaking job ad (2024) and a Gantt chart with sequencing errors (2025); five of six models expect finance back in the report — absent since 2023 — most likely a cash budget or ratio table with a visible liquidity problem.

The traps (flagged every year 2019–2025)

rewriting the stimulus instead of applying it, and recommending a survey of options instead of ONE justified choice. If the table shows a shortfall, your strategies must name it.

Practise

write reports against a data table, quoting at least three figures from it, and finish every bullet with a single recommendation.

3. Critical path analysis — back after two years away

4 of 6 models expect this — consensus probability 0.58
What it looks like

a lettered task diagram: which tasks can run simultaneously, then the completion time after a delay or a technology change re-times one task. Usually a multiple-choice pair; one model tips a short-answer version with a float calculation.

Why we expect it

the device ran in 2019 and 2023, rested from MC while the 2025 report used a Gantt chart — and the 2025 feedback said students could not spot simultaneous tasks.

The traps

adding up every task; adding a delay that the float absorbs; missing the dependency where paths merge. A delay on a non-critical task may change nothing.

4. The HR essay returns to Section IV

5 of 6 models expect this — consensus probability 0.51
What it looks like

HR has not offered a Section IV essay since 2022 while carrying the report three straight years — the rotation points its way. The consensus stem pairs named strategies (rewards, training and development, leadership style, dispute resolution) with named indicators (staff turnover, absenteeism, worker satisfaction, disputation), and the panel leans towards a judgement verb — evaluate or to what extent — returning after two "explain how" years.

The traps (2020, 2022, 2025)

judgement asserted once instead of sustained; strategies not matched to a specific indicator; the case study bolted on as a closing sentence; any named element of the stem left out.

Practise

plan essays where every paragraph = one strategy → one indicator → case-study evidence → a judgement.

5. Awards vs enterprise agreements — the seven-year gap

5 of 6 models expect this — consensus probability 0.51
What it looks like

a 3–5 mark distinguish (possibly hung off a job-ad stimulus with planted breaches): legally binding industry minima set by the Fair Work Commission versus workplace-level bargains that must pass the better-off-overall test, both floored by the National Employment Standards.

Why we expect it

it has not carried a substantial written question since 2019, MC items in 2020, 2021 and 2024 kept it warm, and "awards confused with rewards" is still a named marker trap.

Practise

a one-page table of award / enterprise agreement / common-law contract — who makes it, who it binds, how it is enforced.

Also on the radar

  • The HR indicator table — turnover, absenteeism, accidents, output across firms or periods; all six models predict it in some form. Beware the firm with high output and rising accidents: that is not effective HR.
  • Transformation processes and the 4Vs — variation in demand for a seasonal service business is the due V; keep transformed vs transforming straight (2019 trap) and land the impact on the business, not the customer (2024 trap).
  • The flawed advertisement — name the consumer-law head breached (deceptive and misleading advertising, implied conditions), and separate unethical from unlawful. In 2021 students lost marks for rewriting the ad.
  • Quality control vs assurance vs improvement — usually harnessed to outsourcing; "check the quality" scores nothing (2021 feedback).
  • Pricing methods vs pricing strategies — the 2020 feedback trap, unasked in writing since. Methods: cost, market, competition-based. Strategies: skimming, penetration, loss leaders, price points.
  • Working capital strategies with the trade-off stated — factoring speeds cash at a cost to profitability; discounts speed cash but cut revenue. The 2024 feedback wanted both sides.
  • The dispute-resolution sequence — negotiation → mediation → grievance procedures → courts and tribunals (Fair Work Commission), and why a business resolves internally first.
  • Hedging and international payment — an exporter invoiced in a foreign currency; four models rate a forward-contract or payment-method question its first real written outing, at modest probability.

Where to spend less time

The panel's one clear rested call: financial management strategies as an essay — after carrying Section IV in both 2024 and 2025, a third consecutive essay would be unprecedented in the window; expect the topic in multiple choice and possibly a report bullet instead. The panel's one genuine split is marketing strategies: one model rests the topic almost entirely after the heavy 2024–2025 coverage, while others put it straight back into the report — know your marketing mix, but do not bet the house on a marketing essay.

The honest fine print

When we backtested this method on the 2025 papers (Chemistry and Maths Extension 1 — the two subjects with scored holdouts), our high-confidence topic calls went 37/37, and about half of our specific question predictions recognisably appeared — but the examiners inverted formats, migrated written staples into multiple choice, and broke two long streaks. Business Studies adds its own wrinkle: the paper's fixed structure examines all four topics every year, so the real prediction game is where each topic lands (short answer, report or essay) and which dot point carries the marks. Prepare the skill chains above, not memorised questions, and you're covered either way.

Want to check our working? every call above, with each model's own prediction
6 of 6 models expect this — consensus probability 0.68 Section II finance anchor: two-year figures + industry average → calculate, interpret, account for, recommend 6 of 6 models expect this
bus-q1-finance-ratio-table Section II 8–11 marks discriminator consensus 0.68

The finance data question that has anchored Section II every year 2020–2025: a hypothetical business's two-year income-statement or balance-sheet extract plus industry averages; calculate a ratio, showing working, then interpret it against the prior year and the benchmark, account for the deterioration, and recommend a corrective strategy. Ratio choice is the panel's sharpest sub-call: expense ratio (2022, 2025) and current ratio (2024) are fresh, so gearing or a profitability ratio (net profit / return on equity) is due. Gemini's variant supplies pre-calculated ratios and weights the marks entirely onto interpretation and strategy.

Each model's own prediction
  • Claude Fable 5: profitability or gearing calc + account-for + recommend, 8–11 marks (p 0.70)
  • Claude Opus 5: ROE or gross profit ratio, calc 1–2 marks split from 4-mark interpretation (p 0.72)
  • GPT-5.6 Sol: efficiency or liquidity ratio vs time and benchmark (p 0.63)
  • Gemini 3.1 Pro: pre-calculated ratio table, explain trend + recommend expense minimisation (p 0.85)
  • Grok 4.6: debt-to-equity + limitation of reports + is-more-debt-appropriate (p 0.55)
  • DeepSeek V4: current/gearing/NPR multi-calc vs industry + ONE reporting limitation (p 0.65)

Marker-feedback lineage: Marking feedback 2020, 2022, 2024, 2025 (place value/units, interpretation, comparison against standards)

In the practice paper: Q23

5 of 6 models expect this — consensus probability 0.61 Finance returns to the Section III report: hypothetical expansion with an embedded financial data table 5 of 6 models expect this
bus-q2-section3-finance-report Section III 20 marks discriminator consensus 0.61

Five models put finance back in the Section III business report after its 2024–2025 absence — the longest report gap of any topic — most pairing it with marketing in a growth or expansion hypothetical (supermarket contract, overseas entry). The stimulus embeds a financial artefact — a cash budget or ratio table with a visible liquidity problem — continuing the planted-artefact device (2022 SWOT, 2024 job ad, 2025 flawed Gantt chart), with a bullet asking for working-capital or global-financial-management recommendations tied to the figures. Fable is the dissenter, calling a Marketing + Operations report on partition-cycle logic.

Each model's own prediction
  • Claude Opus 5: finance in report, paired with marketing; financial-table stimulus bold call (p 0.60 structural)
  • GPT-5.6 Sol: report combines marketing process and finance influences (trend claim, no numeric)
  • Gemini 3.1 Pro: Finance + Operations report, limitations-of-reports bullet (p 0.70 structural)
  • Grok 4.6: Mkt+Fin report; working-capital bullet for a supermarket-contract manufacturer (p 0.55)
  • DeepSeek V4: Finance–Marketing global-expansion report (p 0.60 structural)

Marker-feedback lineage: Section III feedback 2021–2025 (stimulus integration); 2022 (global financial management specifically)

In the practice paper: Q25

5 of 6 models expect this — consensus probability 0.51 HR returns to Section IV: strategies → indicators of effectiveness essay 5 of 6 models expect this
bus-q3-hr-essay-return Section IV 20 marks discriminator consensus 0.51

HR is the only topic absent from Section IV since 2022 while holding Section III three straight years (2023–2025) — the coverage convention forces it back to the essay. The majority framing pairs named HR strategies (rewards, training and development, leadership style, dispute resolution) with named indicators of effectiveness (staff turnover, absenteeism, worker satisfaction, levels of disputation), naming syllabus rows verbatim in the 2024–2025 stem style. Gemini's variant is an HR influences essay instead; deepseek carries the call in its structural predictions (0.65) rather than a predicted question.

Each model's own prediction
  • Claude Fable 5: strategies→indicators or influences→success pairing (p 0.50)
  • Claude Opus 5: first SIV HR appearance since 2022, strategies yoked to indicators (p 0.35)
  • GPT-5.6 Sol: evaluate rewards/leadership/performance-management vs satisfaction and turnover (p 0.46)
  • Gemini 3.1 Pro: HR influences → processes essay variant (p 0.65)
  • Grok 4.6: evaluate rewards/training/dispute-resolution vs three indicators (p 0.58)

Marker-feedback lineage: Essay feedback 2020, 2022 (strategy-to-indicator links, bolted-on case studies); 2025 (cover every named element)

In the practice paper: Q26

4 of 6 models expect this — consensus probability 0.58 Critical path analysis returns: simultaneous tasks + recompute after a delay 4 of 6 models expect this
bus-q4-critical-path-returns Section I 1–5 marks mid range consensus 0.58

Critical path items ran on a 2019 Q19–20 / 2023 Q17–18 cadence, were rested from MC in 2024–2025 (the Gantt chart moved into the 2025 report), and are due back: a lettered task diagram supporting a shared-stimulus MC pair — which tasks run simultaneously, then the completion time after one task's duration changes. Deepseek escalates the same device to a Section II short answer with float calculation. Distractor logic is consistent across models: summing every duration, adding a delay the float absorbs, ignoring the merge-node dependency.

Each model's own prediction
  • Claude Fable 5: MC pair, delay or technology change re-times one task (p 0.55)
  • Claude Opus 5: MC pair with merge-node distractors (p 0.55)
  • Grok 4.6: delay on a non-critical activity, float ignored by distractors (p 0.62)
  • DeepSeek V4: Section II short answer: identify path, calculate float, 2-day delay impact (p 0.60)

Marker-feedback lineage: 2025 Section III feedback (could not spot simultaneous tasks); 2019/2023 MC lineage

In the practice paper: Q19

6 of 6 models expect this — consensus probability 0.52 HR effectiveness-indicator data table: assess the HR management, target the worst indicator 6 of 6 models expect this
bus-q5-hr-indicator-table Section I 1–6 marks mid range consensus 0.52

A table of turnover, absenteeism, accidents, satisfaction or output — across periods or across firms. All six models predict it; the split is format: fable and grok keep it MC (the 2019 Q17–18 / 2025 Q15 which-firm device, with a high-output-but-unsafe distractor), while opus, gpt, gemini and deepseek promote it to a Section II part that assesses effectiveness and recommends a strategy for the weakest indicator — which would be the indicator rows' first written outing in the 2019–2025 window.

Each model's own prediction
  • Claude Fable 5: MC infer-the-strategy from an indicator signature (p 0.60)
  • Claude Opus 5: SII table across two periods, assess + recommend (p 0.28)
  • GPT-5.6 Sol: SII rising turnover/absenteeism/disputation, justify two strategies (p 0.56)
  • Gemini 3.1 Pro: SII turnover + disputes scenario → grievance procedures and non-monetary rewards (p 0.75)
  • Grok 4.6: MC which-firm table, high-output distractor (p 0.36)
  • DeepSeek V4: SII evaluate two strategies against turnover and satisfaction (p 0.55)

Marker-feedback lineage: Indicator-table MC 2019, 2021, 2024, 2025; essay feedback 2020/2022 on strategy-indicator links

5 of 6 models expect this — consensus probability 0.51 Distinguish awards from enterprise agreements (employment instruments), often via a job-ad stimulus 5 of 6 models expect this
bus-q6-awards-vs-enterprise-agreements Section II 3–5 marks discriminator consensus 0.51

The employment-contract distinction — awards vs enterprise agreements vs common-law contracts, with the NES floor and the Fair Work Commission — has not carried a substantial written question since 2019 Q23(b) despite MC touches in 2020, 2021 and 2024, and the awards/ rewards confusion is still a named marker trap. Grok and fable call a 4-mark distinguish outright (grok requires BOOT detail); deepseek wraps it in a job-advertisement stimulus with planted legal breaches; opus and gpt keep it at MC with instrument-confusion distractors.

Each model's own prediction
  • Claude Fable 5: 4-mark distinguish, first substantial outing since 2019 (p 0.40)
  • Claude Opus 5: MC award/EA/common-law/NES distractor set (p 0.70)
  • GPT-5.6 Sol: MC same-employee four-instrument comparison (p 0.42)
  • Grok 4.6: SII distinguish with BOOT and Fair Work Commission (p 0.45)
  • DeepSeek V4: job ad with breaches + award vs EA distinguish (p 0.60)

Marker-feedback lineage: 2019 feedback (awards/rewards); 2021, 2023, 2024 (instrument confusion)

In the practice paper: Q24

5 of 6 models expect this — consensus probability 0.50 Transformation processes: variation in demand / volume for a seasonal service business 5 of 6 models expect this
bus-q7-transformation-4vs Section II 2–6 marks mid range consensus 0.50

The operations Section II opener stays processes-led: identify transformed vs transforming resources from a service-business stimulus (clinic, courier, takeaway, seasonal trade), then explain how variation in demand — the 4V without a substantial outing since 2020's report, after variety (2019) and visibility (2024) — reshapes scheduling, staffing and capacity. The impact must land on the business's process design, not the customer, the exact error the 2024 feedback flagged for visibility.

Each model's own prediction
  • Claude Fable 5: seasonal-demand stimulus, volume + variation are the gap (p 0.50)
  • Claude Opus 5: tertiary business, 2-mark resources part + 4-mark variation part (p 0.50)
  • GPT-5.6 Sol: takeaway with fluctuating weekend demand, cost-vs-service trade-off (p 0.49)
  • Grok 4.6: seasonal service, transforming resources + variation + CSR part (p 0.50)
  • DeepSeek V4: transformed/transforming distinguish + variation via 4Vs (p 0.50)

Marker-feedback lineage: 2019 feedback (transformed/transforming); 2024 (visibility answered from the customer's view)

In the practice paper: Q21

5 of 6 models expect this — consensus probability 0.44 Flawed advertisement stimulus: name the consumer-law breaches (and split legal from ethical) 5 of 6 models expect this
bus-q8-consumer-law-advertisement Section II 3–5 marks discriminator consensus 0.44

A printed advertisement, label or online promotion with planted defects — a headline price contradicted in fine print, a fake 'special', an exaggerated claim, an inadequate warranty. Students name the specific Australian consumer law heads breached (deceptive and misleading advertising, implied conditions/acceptable quality) and distinguish the unethical from the unlawful. Re-runs the 2021 Q24 device five years on; consumer law has sat at MC level for four papers, and 2025's fake-special MC signals renewed interest.

Each model's own prediction
  • Claude Fable 5: fine-print contradiction + warranty, two breaches, ~4 marks (p 0.40)
  • Claude Opus 5: ad or label, breach + what makes it unethical as distinct from unlawful (p 0.35)
  • GPT-5.6 Sol: green claim + unavailable discount + restrictive warranty (p 0.39)
  • Grok 4.6: headline discount contradicted in fine print, two ACL heads (p 0.46)
  • DeepSeek V4: 'lose 10 kg in one week' claim, breaches + propose compliant changes (p 0.60)

Marker-feedback lineage: 2021 feedback (students rewrote the advertisement); 2019/2020 (ethical vs legal confusion)

In the practice paper: Q22

6 of 6 models expect this — consensus probability 0.49 Quality control vs assurance vs improvement — usually protecting outsourced output 6 of 6 models expect this
bus-q9-quality-management-outsourcing Section II 3–8 marks mid range consensus 0.49

The three quality-management strategies, kept distinct and usually harnessed to outsourcing: a business outsources part of production and must be shown which named strategy protects output quality and what it gives up. Last substantial as 2021 Q21(c) — whose feedback flagged that students could not name specific strategies for outsourced work — and kept warm by 2025 Q21(d) outsourcing implications. Gemini and fable place it in the Section III report as a quality/supply-chain recommendation; gpt keeps a classification MC where any new technology masquerades as 'improvement'.

Each model's own prediction
  • Claude Fable 5: SIII quality management + technology for a quality-complaints hypothetical (p 0.45)
  • Claude Opus 5: SII outsourced production, which strategy protects quality (p 0.30)
  • GPT-5.6 Sol: MC classify control/assurance/improvement (p 0.44)
  • Gemini 3.1 Pro: SIII supply chain + quality assurance recommendations (p 0.70)
  • Grok 4.6: SII outsourced trades, QC vs QA as named strategies (p 0.48)
  • DeepSeek V4: outsourcing advantages/disadvantages + QM strategy recommendation (p 0.55)

Marker-feedback lineage: 2021 Q21(c) feedback; 2025 Q21(d) outsourcing; 2022 processes/strategies confusion

In the practice paper: Q21

5 of 6 models expect this — consensus probability 0.49 Pricing methods vs pricing strategies — the 2020 feedback trap finally re-set 5 of 6 models expect this
bus-q10-pricing-methods-vs-strategies Section II 3–5 marks mid range consensus 0.49

The 2020 marking feedback named the confusion between pricing METHODS (cost, market, competition-based) and pricing STRATEGIES (skimming, penetration, loss leaders, price points), and no substantial question has re-tested it since — pricing has been MC-only 2022–2025. The consensus form: a stimulus product entering a contested or premium market; recommend and justify a method or strategy, with price–quality interaction as the linking idea, or compare penetration against skimming for a launch.

Each model's own prediction
  • Claude Fable 5: SII recommend method or strategy via price-quality interaction (p 0.50)
  • Claude Opus 5: 4-mark method recommendation separated from strategy (p 0.35)
  • GPT-5.6 Sol: premium launch with competitor prices and costs, justify one method (p 0.48)
  • Grok 4.6: MC methods-vs-strategies with loss-leader distractor (p 0.55)
  • DeepSeek V4: penetration vs skimming compare for a smartphone launch (p 0.55)

Marker-feedback lineage: 2020 Q22(b) feedback; MC touches 2022, 2024, 2025

In the practice paper: Q22

4 of 6 models expect this — consensus probability 0.48 Cash-flow / working-capital strategy for a visible liquidity problem — with the trade-off 4 of 6 models expect this
bus-q11-working-capital-liquidity Section II 3–8 marks mid range consensus 0.48

A stimulus showing a liquidity problem — a cash-budget shortfall month (the 2025 Q16 MC device promoted to writing) or swollen inventory and receivables — and a recommendation of named strategies: factoring, discounts for early payment, distribution of payments, sale and lease back, leasing. The discriminator every model names is the trade-off: factoring converts receivables at a cost to profitability, discounts speed cash flow but cut revenue — per the 2024 Q24(b) feedback. Grok and opus place it as a Section III bullet (see bus-q2).

Each model's own prediction
  • Claude Fable 5: cash-flow table with shortfall month → identify + recommend (p 0.45)
  • Claude Opus 5: SII liquidity stimulus, strategy + its cost to profitability (p 0.40)
  • Grok 4.6: SIII bullet: two working-capital strategies for inflated inventory/receivables (p 0.48)
  • DeepSeek V4: liquidity crisis, TWO cash-flow strategies + liquidity/profitability impact (p 0.60)

Marker-feedback lineage: 2024 Q24(b) feedback (implications for cash flow AND working capital); 2025 essay feedback (more than one strategy per objective)

In the practice paper: Q25

4 of 6 models expect this — consensus probability 0.45 Workplace dispute scenario: cause + the resolution sequence to the Fair Work Commission 4 of 6 models expect this
bus-q12-dispute-resolution-sequence Section II 3–5 marks mid range consensus 0.45

A dispute stimulus (roster change, stalled agreement negotiation, proposed redundancy): identify the cause, then explain the resolution sequence — negotiation, mediation, grievance procedures, then courts and tribunals (Fair Work Commission) — and why the business prefers internal resolution. Substantial dispute treatment has been absent since the 2022 essay, whose feedback said students did not understand what disputes are or why they occur; since then it has been MC-only. Deepseek's variant centres grievance procedures and corporate culture.

Each model's own prediction
  • Claude Fable 5: dispute cause + resolution sequence, 3–5 marks (p 0.45)
  • Claude Opus 5: why internal resolution before the FWC, and what each step costs (p 0.35)
  • Grok 4.6: MC first-step-in-resolution with arbitration/conciliation distractors (p 0.50)
  • DeepSeek V4: grievance procedures' role + impact on corporate culture (p 0.50)

Marker-feedback lineage: 2022 Q26 feedback; MC 2019 Q10, 2022 Q9

In the practice paper: Q24

Watch list — worth having ready (8)
  • Global financial management / hedging: exporter invoiced in a foreign currency, forward contract or payment-method choice — four models but all sub-0.5 (fable 0.35, opus 0.35, grok 0.34, deepseek 0.50); would be its first substantial written outing in the 2019–2025 window

  • Market research returns after seven years (gpt-5.6-sol 0.52 plus a 0.34 bold call placing it in the report; grok 0.50)

  • Section IV verb reverts to judgement — evaluate/assess/to-what-extent after two 'explain how' years (opus, gemini, deepseek trends; grok backs 'analyse')

  • The Section III stimulus again embeds a defect-planted artefact to critique (fable 0.60; opus trend: 2021 ad, 2023 job ad, 2025 flawed Gantt lineage)

  • Channel choice justified against positioning, plus one physical-distribution issue (opus 0.40, grok 0.40) — unasked in writing since 2022

  • Interdependence of key business functions, two-way (fable 0.40; gemini trend pairs finance with HR) — 2024 Q21(a) feedback flagged one-direction answers

  • The panel's rested call: financial management strategies sit out Section IV after consecutive 2024–2025 essays (gpt-5.6-sol formally rests the topic at P(examined) 0.68; fable, opus and grok all rest the essay slot specifically)

  • Contested topic: BUS-mkt_strategies (stddev 0.252, the only topic over the 0.25 threshold) — gemini rests it almost entirely (P(examined) 0.30) while fable puts marketing in the Section III report at 0.98 examined; the panel splits on whether 2024–2025 exhausted it

Where to spend your study time

How likely each topic is to appear this year.

Finance: role, influences, processes 97% likely

Chance of a big question (4+ marks) here: 85%

Question types predicted here short answer ×7 multiple choice ×3 extended response ×2 stimulus based ×2

What each model expects

  • DeepSeek V4: A calculation-heavy question with financial statement extracts, requiring ratio analysis and identification of a reporting limitation.
  • Claude Fable 5: The Section II finance question is a comparative-ratio table with industry averages; its discriminator part asks students to account for a worsening ratio and recommend a fix, with gearing or return on equity the calculation focus after expense/current ratios in 2022-2025.
  • Gemini 3.1 Pro: Limitations of financial reporting will form a major discriminative component of the Section III business report.
  • GPT-5.6 Sol: The finance Section II question will contain a compulsory calculation followed by interpretation against a second comparator, with the discriminator rewarding consequences rather than arithmetic alone.
  • Grok 4.6: Section II will contain a gearing or profitability-ratio calculation plus interpretation, not a repeat of the 2024 current ratio or 2025 expense ratio.
  • Claude Opus 5: Section II will carry a Finance question opening with a two-year financial table and industry averages, pairing a 1-2 mark calculation with a 4-mark interpretation or comparative-analysis part.
HR: role, influences, process 97% likely

Chance of a big question (4+ marks) here: 82%

Question types predicted here short answer ×7 multiple choice ×4 stimulus based ×2 essay ×1

What each model expects

  • DeepSeek V4: A stimulus-based question on a job ad requiring identification of legal breaches and comparison of employment instruments.
  • Claude Fable 5: HR influences stays in Section II (not III) in 2026, anchored by a dispute-resolution or contract-types part rather than the legal-framework/union material that dominated 2025 Q24.
  • Gemini 3.1 Pro: Section IV will feature a question solely focused on Human Resource influences and their impact on HR processes.
  • GPT-5.6 Sol: The 2026 HR question will shift from the 2025 legal-practice emphasis to a chained economic-or-technological scenario requiring consequences across at least two HR processes.
  • Grok 4.6: Section II HR will reopen awards versus enterprise agreements or NES/common-law obligations, unused as a 4-mark distinguish since 2019.
  • Claude Opus 5: Section II human resources will lead with a two-mark influences part and close on a 4-mark legal question set in a scenario of unlawful or unsafe employer conduct, following the 2025 illegal-practices item.
Operations: strategies 96% likely

Chance of a big question (4+ marks) here: 80%

Question types predicted here short answer ×5 stimulus based ×3 multiple choice ×3 essay ×2 extended response ×1

What each model expects

  • DeepSeek V4: A question on quality management strategies in the context of outsourcing, requiring students to distinguish between quality control, assurance, and improvement.
  • Claude Fable 5: Operations strategies feature in the Section III report as a quality-management/technology recommendation task, with global factors rested after carrying the 2025 report.
  • Gemini 3.1 Pro: Section III will feature Operations strategies prominently, asking for specific supply chain and quality management recommendations.
  • GPT-5.6 Sol: Operations strategies will be examined through a supply-chain trade-off involving cost, quality and dependability, with explicit analysis of consequences rather than a broad strategy list.
  • Grok 4.6: One Section IV option will pair performance objectives with operations strategies, a combination unused since 2019 Q27.
  • Claude Opus 5: Operations strategies will supply one Section IV option, phrased so that the strategies must be tied to a second named concept - competitive advantage, performance objectives or corporate social responsibility - rather than described.
Operations: role, influences, processes 96% likely

Chance of a big question (4+ marks) here: 77%

Question types predicted here short answer ×9 multiple choice ×3 stimulus based ×2

What each model expects

  • DeepSeek V4: A multi-part question on critical path analysis with a diagram, requiring calculation and interpretation, will appear in Section II as the Operations question.
  • Claude Fable 5: The Section II operations question centres on transformation processes — volume/variation in demand for a seasonal business — and a critical-path MC pair returns after two years out of Section I.
  • Gemini 3.1 Pro: Section II will feature a question explicitly testing the difference between legal compliance and ethical responsibility in Operations.
  • GPT-5.6 Sol: The substantial operations-process item will return to the 4Vs or resource classification in a service setting, while sequencing and scheduling is reduced after its prominent 2025 use.
  • Grok 4.6: Q21 will again be Operations, multi-part, with variation in demand or transforming resources rather than another Gantt-chart purpose question.
  • Claude Opus 5: Question 21 of Section II will again be Operations, stimulus-led, with a low-mark inputs or role part first and a 4-mark discuss or explain part on a process influence last.
HR: strategies and effectiveness 95% likely

Chance of a big question (4+ marks) here: 79%

Question types predicted here short answer ×6 essay ×4 multiple choice ×2 stimulus based ×2

What each model expects

  • DeepSeek V4: An evaluative question linking HR strategies to specific effectiveness indicators, requiring application of a case study.
  • Claude Fable 5: An HR essay appears in Section IV for the first time since 2022, pairing strategies with effectiveness indicators or HR influences with business success.
  • Gemini 3.1 Pro: Section II will test HR dispute resolution and rewards strategies via a problem-based stimulus.
  • GPT-5.6 Sol: Human resource strategies and effectiveness will supply one 2026 Section IV option, centred on named indicators rather than a generic discussion of employee motivation.
  • Grok 4.6: Section IV will offer an HR strategies-versus-indicators question, the function absent from SIV since 2022.
  • Claude Opus 5: Human resources returns to Section IV for the first time since 2022, with a stem yoking strategies to indicators of effectiveness rather than to processes.
Marketing: role, influences, process 95% likely

Chance of a big question (4+ marks) here: 77%

Question types predicted here short answer ×9 multiple choice ×2 stimulus based ×2 essay ×1

What each model expects

  • DeepSeek V4: A stimulus-based question on consumer law breaches in advertising, requiring identification of specific legal issues and ethical recommendations.
  • Claude Fable 5: Marketing influences return via a stimulus advertisement testing consumer-law breaches, with situational analysis and monitoring/controlling rested after 2025 Q22.
  • Gemini 3.1 Pro: Marketing influences, specifically consumer laws and ethics, will form the alternative Section IV extended response.
  • GPT-5.6 Sol: Market research will return as a multi-stage stimulus question linking data collection to objectives or target-market decisions, rather than another isolated definition.
  • Grok 4.6: Section II Marketing will emphasise consumer law or market research, not another SWOT or 3Ps/e-marketing item after 2025 Q22 and Q26.
  • Claude Opus 5: A defect-planted marketing artefact returns as the Section II stimulus, most likely an advertisement or product label carrying both a consumer law breach and an ethical marketing issue.
Finance: strategies incl. ratios 91% likely may rest

Chance of a big question (4+ marks) here: 75%

Question types predicted here short answer ×7 multiple choice ×3 extended response ×1 stimulus based ×1

What each model expects

  • DeepSeek V4: A question on cash flow management strategies with a scenario, requiring evaluation of impact on financial objectives.
  • Claude Fable 5: Financial management strategies are rested from Section IV after consecutive 2024-2025 essays, surviving as MC plus a cash-flow-strategy short-answer part.
  • Gemini 3.1 Pro: Section II will test profitability management strategies using a pre-calculated table of ratios, focusing on interpretation.
  • Grok 4.6: Finance strategies are likely in Section III (working capital or cash-flow management) and MC, but rested as a Section IV option after 2024 and 2025.
  • Claude Opus 5: Financial management strategies will be carried mainly by the Section III report rather than Section IV, with global financial management or working capital as a report bullet.
Marketing: strategies 85% likely models split may rest

Chance of a big question (4+ marks) here: 76%

Question types predicted here short answer ×6 stimulus based ×3 multiple choice ×2 extended response ×1 essay ×1

What each model expects

  • DeepSeek V4: A question requiring comparison of pricing strategies with justification, linked to product type and market conditions.
  • Claude Fable 5: Marketing returns to Section III (out since 2024) as the pricing-and-promotion half of the report, and a Section II part finally re-tests pricing methods vs strategies six years after the 2020 feedback flagged it.
  • GPT-5.6 Sol: Section II will test precise classification within the marketing mix, most likely pricing methods or the extended service mix, rather than repeat the broad 2025 target-market essay.
  • Grok 4.6: Marketing strategies will appear in MC and possibly one Section III bullet (channel or price), but not as a 20-mark Section IV after 2025 Q26.
  • Claude Opus 5: Place and distribution will return as a written Section II part - a justified channel choice plus one physical distribution issue - after five years confined to multiple choice and report bullets.

How likely each topic is to appear. Open a topic for the question types to practise there.

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Business Studies practice paper

100 marks · 27 questions

Every question is traceable to the consensus prediction behind it — open the web version and each question carries a “why this question” link into the evidence. All questions are original Intuition compositions in NESA style.

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Published Aug 2026, before the exams. In November 2026 we score these predictions publicly against the real paper — per-model calibration and question-level hit rates, the same harness as the 2025 backtest. How we did it.