CAPE Management of Business Unit 1 · 2007 · Paper 2

16 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. 1(a)3 marksDefine 'globalization'.
2. 1(b)22 marksDiscuss THREE positive and TWO negative impacts of globalization on Caribbean business organizations.
3. 2(a)6 marksDiscuss TWO main contributions of small businesses to the development of your country's economy.
4. 2(b)9 marksDiscuss THREE challenges faced by small businesses in the Caribbean.
5. 2(c)10 marksIdentify THREE criteria used for measuring the size of a business and state ONE advantage and ONE disadvantage of EACH criterion.
6. 3(a)17 marksUsing examples from organizations that you have studied, evaluate FOUR major methods of communication that exist between management and staff.
7. 3(b)8 marksSuggest FOUR major causes of poor communication between management and staff.
8. 425 marksIn today's business organizations, Human Resource Management is broad and far reaching in scope. With reference to this statement, discuss FIVE main functions of the Human Resource Department.
9. 5(a)12 marksShow the cumulative cash flow for EACH project.
10. 5(b)6 marksCompute the payback period in years, to one decimal place, for EACH project.
11. 5(c)2 marksIndicate which project the company should accept and why based on the payback period.
12. 5(d)2 marksOutline ONE advantage and ONE disadvantage of using the payback period as a project appraisal criterion.
13. 5(e)3 marksAssume the IRR [Internal Rates of Return] for the respective projects are: Project A = 11.5%, Project B = 8%, Project C = 15%. Indicate which project the company should accept, giving ONE reason for your choice.
14. 6(a)10 marksConstruct a table which shows the value of the closing stock at the end of EACH month using the 'Last In First Out' (LIFO) method of accounting for stock.
15. 6(b)5 marksCompute the Cost of Goods Sold EACH month, for the six-month period.
16. 6(c)10 marksIf the items are sold for $52 each, draw up a Trading Account for the six-month period ending June 30.