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CAPE Management of Business Unit 1 · 2016 · Paper 2

27 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)(i)2 marksDefine the term 'corporate governance'.
  2. 1(a)(ii)2 marksState TWO examples of good corporate governance strategies that Household Chemical Ltd can adopt.
  3. 1(b)9 marksExplain THREE reasons why it is important for Household Chemical Ltd to practise good corporate governance.
  4. 1(c)12 marksDiscuss THREE objectives of a typical business organization.
  5. 2(a)(i)3 marksDefine the term 'mission statement'.
  6. 2(a)(ii)6 marksOutline THREE reasons why a mission statement is important to Tyre Repairs & Services Ltd.
  7. 2(b)4 marksDifferentiate between a 'vision statement' and a 'mission statement'.
  8. 2(c)(i)4 marksDiscuss ONE way in which Technology will affect decision-making at Tyre Repairs & Services Ltd.
  9. 2(c)(ii)4 marksDiscuss ONE way in which Globalization will affect decision-making at Tyre Repairs & Services Ltd.
  10. 2(c)(iii)4 marksDiscuss ONE way in which Legal regulations will affect decision-making at Tyre Repairs & Services Ltd.
  11. 3(a)(i)2 marksDefine the term 'Management'.
  12. 3(a)(ii)2 marksDefine the term 'Hawthorne Effect'.
  13. 3(b)9 marksExplain THREE ways in which IT Global could benefit from applying Frederick Taylor's Scientific Management principles.
  14. 3(c)12 marksDiscuss THREE advantages that IT Global is likely to experience from adopting the Hawthorne Approach to managing its workers.
  15. 4(a)4 marksOutline TWO advantages to Eco Bank Ltd of using video conferencing to conduct its monthly meetings.
  16. 4(b)9 marksExplain THREE benefits of effective communication to Eco Bank Ltd.
  17. 4(c)12 marksDiscuss THREE possible problems associated with the use of informal channels of communication at Eco Bank Ltd.
  18. 5(a)(i)5 marksUsing the information in the table, calculate the gross profit margin for 2014 and 2015 and assess the performance of the company over the two-year period.
  19. 5(a)(ii)5 marksUsing the information in the table, calculate the net profit margin for 2014 and 2015 and assess the performance of the company over the two-year period.
  20. 5(a)(iii)5 marksUsing the information in the table, calculate the return on capital employed for 2014 and 2015 and assess the performance of the company over the two-year period.
  21. 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.
  22. 6(a)(i)2 marksDefine the term 'cash flow statement'.
  23. 6(a)(ii)4 marksOutline TWO advantages of a cash flow statement to the operations of Bill's business.
  24. 6(b)(i)2 marksDefine the term 'Variance'.
  25. 6(b)(ii)2 marksDefine the term 'Budget'.
  26. 6(c)3 marksCalculate the variances for EACH department at Tropical Juices Ltd.
  27. 6(d)12 marksExplain FOUR benefits of budgeting to Tropical Juices Ltd.

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