CAPE Management of Business Unit 1 · 2011 · Paper 2
25 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)16 marksDiscuss how EACH of the given decision-making steps may assist Mr. Tyre in deciding which of the two options to choose.
- 1(b)(i)3 marksExplain ONE way in which globalization may impact Mr. Tyre's car repairs business.
- 1(b)(ii)3 marksExplain ONE way in which information technology may impact Mr. Tyre's car repairs business.
- 1(b)(iii)3 marksExplain ONE way in which government regulations may impact Mr. Tyre's car repairs business.
- 2(a)3 marksExplain what is meant by the term 'business objective'.
- 2(b)12 marksDiscuss THREE reasons why it is important for Miss Dressy to establish objectives for her business.
- 2(c)10 marksIdentify TWO business objectives that Miss Dressy should aim to achieve and discuss the importance of EACH objective to the business.
- 3(a)10 marksOutline the TWO factors identified by Herzberg in his theory, giving TWO examples of EACH.
- 3(b)8 marksExplain how the TWO factors identified in (a) lead to job satisfaction OR dissatisfaction in an organization.
- 3(c)7 marksOutline a three-step approach, based on Herzberg's Two Factor Theory, which you, as a Human Resource Manager, would adopt in order to enhance job satisfaction in your organization.
- 4(a)2 marksDefine the term 'communication'.
- 4(b)15 marksDiscuss THREE possible barriers to effective communication at Jewellery Plus and outline ONE way in which EACH barrier discussed may be overcome.
- 4(c)(i)4 marksOutline TWO features of a formal communication network.
- 4(c)(ii)4 marksOutline TWO features of an informal communication network.
- 5(a)(i)5 marksCalculate the gross profit margin for 2009 and 2010, and use your results to assess the performance of the company over the two-year period.
- 5(a)(ii)5 marksCalculate the net profit margin for 2009 and 2010, and use your results to assess the performance of the company over the two-year period.
- 5(a)(iii)5 marksCalculate the return on capital employed for 2009 and 2010, and use your results to assess the performance of the company over the two-year period.
- 5(b)10 marksExplain TWO limitations of using accounting ratios to assess the performance of a firm and suggest how EACH limitation may be overcome.
- 6(a)(i)2 marksState ONE way in which the final accounts of a business serve as a major source of information for Investors.
- 6(a)(ii)2 marksState ONE way in which the final accounts of a business serve as a major source of information for Suppliers.
- 6(a)(iii)2 marksState ONE way in which the final accounts of a business serve as a major source of information for Government.
- 6(a)(iv)2 marksState ONE way in which the final accounts of a business serve as a major source of information for Business Managers.
- 6(b)(i)2 marksOutline to John the meaning of the term 'cash flow statement'.
- 6(b)(ii)4 marksOutline to John TWO advantages of a cash flow statement to his business.
- 6(c)11 marksConstruct the Trading and Profit and Loss Account for John's Chemicals & Supplies for the period ended May 31, 2010.