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CAPE Management of Business Unit 1 · 2001 · Paper 1

23 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.

Practise this paper
  1. 1(a)1 markState what is meant by "tertiary economic activity".
  2. 1(b)2 marksGive TWO reasons why tertiary economic activities are important to the economy of your country.
  3. 2(a)2 marksOutline TWO advantages which your country might gain from the company establishing a manufacturing plant there.
  4. 2(b)3 marksAdvise where the company should locate and explain TWO reasons for this choice.
  5. 32 marksOutline ONE opportunity and ONE threat that membership in the World Trade Organization (WTO) has presented to business organizations in the Caribbean Region.
  6. 42 marksDistinguish between qualitative and quantitative business decisions.
  7. 5(a)1 markDefine what is meant by privatization.
  8. 5(b)2 marksState TWO advantages that might result from privatization.
  9. 62 marksOutline TWO contributions of Frederick Taylor's scientific management theory to contemporary management principles and practices.
  10. 74 marksExplain TWO non-financial motivation techniques that could be utilized by a garment manufacturing firm to motivate its employees.
  11. 8(a)2 marksState ONE advantage and ONE disadvantage to the firm resulting from filling the vacancy by internal promotion rather than external recruitment.
  12. 8(b)2 marksExplain briefly TWO major strategies a manager could use to resolve organizational conflict.
  13. 92 marksSuggest TWO barriers that might hinder or impede an insurance sales person's efforts to communicate with a prospective client.
  14. 103 marksIdentify THREE reasons why members of an organization may resist change.
  15. 114 marksA cosmetic firm seeks short-term funding to acquire an additional machine. Explain TWO external funding sources it could use.
  16. 122 marksState TWO major differences between credit unions and commercial banks.
  17. 13(a)2 marksUsing TWO different ratios, calculate the liquidity position of Sealand Furniture Company.
  18. 13(b)1 markOutline ONE limitation of ratio analysis as a tool for measuring company performance.
  19. 14(a)1 markExplain what is meant by the cost concept.
  20. 14(b)1 markExplain what is meant by the prudence concept.
  21. 15(a)2 marksCompute the Cost of Sales for the year.
  22. 15(b)1 markCompute the Gross Profit.
  23. 15(c)1 markWhat is the Net Profit for the year?

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