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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. 1(a)2 marksDefine the term 'decision making'.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 1(c)(v)3 marksDiscuss how evaluation in the rational decision making model may assist Mr Moon in deciding which option to choose.
  9. 2(a)3 marksDefine the term 'trade liberalization', giving an example.
  10. 2(b)(i)2 marksOutline how relevance as a feature of information is important to Mr Star in light of the globalized economy.
  11. 2(b)(ii)2 marksOutline how accuracy as a feature of information is important to Mr Star in light of the globalized economy.
  12. 2(b)(iii)2 marksOutline how timeliness as a feature of information is important to Mr Star in light of the globalized economy.
  13. 2(c)16 marksDiscuss TWO positive and TWO negative impacts of globalization on Mr Star's business.
  14. 3(a)(i)2 marksDefine the term 'change management'.
  15. 3(a)(ii)2 marksDefine the term 'resistance to change'.
  16. 3(b)9 marksExplain THREE likely reasons why the workers at Quick & Smart Supermarket are complaining about the changes taking place at their organization.
  17. 3(c)12 marksDiscuss THREE strategies that the senior managers of Quick & Smart Supermarket could adopt to manage the employees' resistance to change.
  18. 4(a)(i)3 marksExplain the recruitment function that the human resource manager at Digits Ltd has to perform.
  19. 4(a)(ii)3 marksExplain the selection function that the human resource manager at Digits Ltd has to perform.
  20. 4(a)(iii)3 marksExplain the compensation function that the human resource manager at Digits Ltd has to perform.
  21. 4(b)4 marksDistinguish between 'performance management' and 'performance appraisal'.
  22. 4(c)12 marksDiscuss THREE ways in which the management of Digits Ltd can be fair in conducting the performance appraisal of workers.
  23. 5(a)(i)2 marksDefine the term 'ratio analysis'.
  24. 5(a)(ii)4 marksOutline TWO limitations of ratio analysis.
  25. 5(b)(i)3 marksCompute the current ratio for Tropics Food Retailers Ltd and Carib Food Retailers Ltd.
  26. 5(b)(ii)4 marksCompare the performance of both companies based on your answer in (b)(i), highlighting TWO important points.
  27. 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.
  28. 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.
  29. 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.
  30. 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.
  31. 6(a)2 marksDefine the term 'investment'.
  32. 6(b)(i)4 marksState TWO advantages and TWO disadvantages of the payback period method of investment appraisal.
  33. 6(b)(ii)4 marksState TWO advantages and TWO disadvantages of the net present value (NPV) method of investment appraisal.
  34. 6(b)(iii)4 marksState TWO advantages and TWO disadvantages of the average rate of return method of investment appraisal.
  35. 6(c)(i)6 marksCompute the net present value for the project.
  36. 6(c)(ii)5 marksState whether or not Bob's Co Ltd should invest in the project, outlining TWO reasons for your answer.

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