CAPE Management of Business Unit 1 · 2017 · Paper 2

11 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)(i)2 marksDefine the term 'sole trader business'.
2. 1(a)(ii)2 marksDefine the term 'partnership business'.
3. 1(b)9 marksExplain three ways in which the Government of Greenshore Island could create an enabling environment to assist Thomas in targeting the overseas market for his products.
4. 1(c)12 marksDiscuss how each of the following stages in the decision-making process would assist Thomas in choosing whether to target the local or overseas market: - Data collection - Formulation of alternative strategies -…
5. 2(a)4 marksOutline two differences between Herzberg's hygiene theory and Maslow's hierarchy of needs theory.
6. 2(b)9 marksExplain three ways in which teamwork can help to increase profits at the EZ Canning Company.
7. 2(c)12 marksDiscuss three ways in which each of the following communication strategies can improve interpersonal relationships: - Providing feedback - Effective listening - Maintaining eye contact
8. 3(a)(i)2 marksDefine the term 'current assets'.
9. 3(a)(ii)2 marksDefine the term 'budgetary control'.
10. 3(b)6 marksExplain two ways in which a business can benefit from having a cash budget.
11. 3(c)15 marksUse the provided information to prepare a corrected balance sheet for Beautiful Flowers as at December 31, 2016.