CAPE Management of Business Unit 1 · 2015 · Paper 2
36 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)2 marksDefine the term 'decision making'.
- 1(b)(i)4 marksOutline TWO ways in which information technology may impact Mr Moon's decision to add jerk chicken or burgers to his offerings.
- 1(b)(ii)4 marksOutline TWO ways in which government regulations may impact Mr Moon's decision to add jerk chicken or burgers to his offerings.
- 1(c)(i)3 marksDiscuss how definition of problem in the rational decision making model may assist Mr Moon in deciding which option to choose.
- 1(c)(ii)3 marksDiscuss how collection of data in the rational decision making model may assist Mr Moon in deciding which option to choose.
- 1(c)(iii)3 marksDiscuss how development and analysis of alternatives in the rational decision making model may assist Mr Moon in deciding which option to choose.
- 1(c)(iv)3 marksDiscuss how selection and implementation of alternatives in the rational decision making model may assist Mr Moon in deciding which option to choose.
- 1(c)(v)3 marksDiscuss how evaluation in the rational decision making model may assist Mr Moon in deciding which option to choose.
- 2(a)3 marksDefine the term 'trade liberalization', giving an example.
- 2(b)(i)2 marksOutline how relevance as a feature of information is important to Mr Star in light of the globalized economy.
- 2(b)(ii)2 marksOutline how accuracy as a feature of information is important to Mr Star in light of the globalized economy.
- 2(b)(iii)2 marksOutline how timeliness as a feature of information is important to Mr Star in light of the globalized economy.
- 2(c)16 marksDiscuss TWO positive and TWO negative impacts of globalization on Mr Star's business.
- 3(a)(i)2 marksDefine the term 'change management'.
- 3(a)(ii)2 marksDefine the term 'resistance to change'.
- 3(b)9 marksExplain THREE likely reasons why the workers at Quick & Smart Supermarket are complaining about the changes taking place at their organization.
- 3(c)12 marksDiscuss THREE strategies that the senior managers of Quick & Smart Supermarket could adopt to manage the employees' resistance to change.
- 4(a)(i)3 marksExplain the recruitment function that the human resource manager at Digits Ltd has to perform.
- 4(a)(ii)3 marksExplain the selection function that the human resource manager at Digits Ltd has to perform.
- 4(a)(iii)3 marksExplain the compensation function that the human resource manager at Digits Ltd has to perform.
- 4(b)4 marksDistinguish between 'performance management' and 'performance appraisal'.
- 4(c)12 marksDiscuss THREE ways in which the management of Digits Ltd can be fair in conducting the performance appraisal of workers.
- 5(a)(i)2 marksDefine the term 'ratio analysis'.
- 5(a)(ii)4 marksOutline TWO limitations of ratio analysis.
- 5(b)(i)3 marksCompute the current ratio for Tropics Food Retailers Ltd and Carib Food Retailers Ltd.
- 5(b)(ii)4 marksCompare the performance of both companies based on your answer in (b)(i), highlighting TWO important points.
- 5(c)(i)3 marksExplain how liquidity ratios may be useful in assessing the performance of Tropics Food Retailers Ltd and Carib Food Retailers Ltd.
- 5(c)(ii)3 marksExplain how profitability ratios may be useful in assessing the performance of Tropics Food Retailers Ltd and Carib Food Retailers Ltd.
- 5(c)(iii)3 marksExplain how efficiency ratios may be useful in assessing the performance of Tropics Food Retailers Ltd and Carib Food Retailers Ltd.
- 5(c)(iv)3 marksExplain how gearing ratios may be useful in assessing the performance of Tropics Food Retailers Ltd and Carib Food Retailers Ltd.
- 6(a)2 marksDefine the term 'investment'.
- 6(b)(i)4 marksState TWO advantages and TWO disadvantages of the payback period method of investment appraisal.
- 6(b)(ii)4 marksState TWO advantages and TWO disadvantages of the net present value (NPV) method of investment appraisal.
- 6(b)(iii)4 marksState TWO advantages and TWO disadvantages of the average rate of return method of investment appraisal.
- 6(c)(i)6 marksCompute the net present value for the project.
- 6(c)(ii)5 marksState whether or not Bob's Co Ltd should invest in the project, outlining TWO reasons for your answer.