CAPE Entrepreneurship Unit 2 · 2015 · Paper 2
18 questions and parts from this paper. Open one to see it in full, then practise it on Quelpr and get it marked against the mark scheme.
- 1(a)3 marksFrom the case, identify THREE features of a franchise.
- 1(b)3 marksExplain ONE way in which Donald can demonstrate his corporate social responsibility in the operation of the franchise.
- 1(c)9 marksExplain THREE advantages that Donald will derive if he accepts the franchising opportunity.
- 2(a)3 marksUsing information from the case above, list THREE legal and regulatory requirements the proposed partnership venture must uphold.
- 2(b)4 marksOutline TWO benefits to be gained from providing training to the bakery's employees.
- 2(c)8 marksOutline TWO advantages and TWO disadvantages of converting the business to a partnership.
- 3(a)2 marksBased on the case, give ONE reason why it is important for Haniff to develop a business plan.
- 3(b)4 marksList FOUR components that should be included in the business plan.
- 3(c)9 marksExplain the purpose of EACH of the THREE financial statements that Haniff must include in the financial section of the business plan.
- 4(a)3 marksState THREE purposes of a feasibility analysis.
- 4(b)6 marksExplain any TWO elements that you, the consultant, will include in the financial feasibility analysis.
- 4(c)(i)3 marksExplain ONE way in which the parents' personality will influence the feasibility of the business.
- 4(c)(ii)3 marksExplain ONE way in which the children's personality will influence the feasibility of the business.
- 5(a)3 marksState THREE ways in which D2 has adopted e-commerce to support its business venture.
- 5(b)6 marksOutline THREE benefits of e-commerce to the business venture.
- 5(c)6 marksExplain TWO ways in which D2 can use strategic alliances through e-commerce to improve the viability of the venture.
- 6(a)6 marksOutline THREE situations that may cause Margo to require a valuation of the business.
- 6(b)9 marksExplain THREE of the five stages in the venture life cycle.