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Economic Sectors and Legal Structures · CAPE Management of Business Unit 1

30 past-paper questions on Economic Sectors and Legal Structures, part of Module 1: Business and its Environment, from every CAPE Management of Business Unit 1 paper on Quelpr.

Practise Economic Sectors and Legal Structures
  1. 5(a)1 mark· CAPE Management of Business Unit 1 · 2001 · Paper 1Define what is meant by privatization.
  2. 5(b)2 marks· CAPE Management of Business Unit 1 · 2001 · Paper 1State TWO advantages that might result from privatization.
  3. 12 marks· CAPE Management of Business Unit 1 · 2002 · Paper 1State TWO reasons for the existence of public sector companies in a country.
  4. 3(a)2 marks· CAPE Management of Business Unit 1 · 2002 · Paper 1Explain the type of merger that took place between both companies.
  5. 3(b)1 mark· CAPE Management of Business Unit 1 · 2002 · Paper 1Suggest ONE possible reason for the merger.
  6. 2(b)1 mark· CAPE Management of Business Unit 1 · 2005 · Paper 1Outline ONE form of assistance a Small Business Association may be able to extend to Home-Sweet-Home Limited.
  7. 32 marks· CAPE Management of Business Unit 1 · 2005 · Paper 1Define, with the aid of an example, the term "legal personality" as used in the context of business.
  8. 4(b)1 mark· CAPE Management of Business Unit 1 · 2005 · Paper 1What is a franchise?
  9. 4(c)2 marks· CAPE Management of Business Unit 1 · 2005 · Paper 1State ONE reason why an individual would prefer to buy into a franchise rather than to start his/her own business.
  10. 1(a)2 marks· CAPE Management of Business Unit 1 · 2006 · Paper 1Identify the two main documents that must be submitted before registering the company.
  11. 1(b)2 marks· CAPE Management of Business Unit 1 · 2006 · Paper 1Outline one major difference between the two documents mentioned in (a).
  12. 34 marks· CAPE Management of Business Unit 1 · 2006 · Paper 1Outline two advantages that a small business may have compared to a large business.
  13. 2(a)6 marks· CAPE Management of Business Unit 1 · 2007 · Paper 2Discuss TWO main contributions of small businesses to the development of your country's economy.
  14. 2(b)9 marks· CAPE Management of Business Unit 1 · 2007 · Paper 2Discuss THREE challenges faced by small businesses in the Caribbean.
  15. 2(c)10 marks· CAPE Management of Business Unit 1 · 2007 · Paper 2Identify THREE criteria used for measuring the size of a business and state ONE advantage and ONE disadvantage of EACH criterion.
  16. 2(a)19 marks· CAPE Management of Business Unit 1 · 2008 · Paper 2Discuss THREE advantages and THREE disadvantages of forming a Private Limited Company rather than a Partnership business.
  17. 2(b)6 marks· CAPE Management of Business Unit 1 · 2008 · Paper 2Outline THREE reasons why the business may have a greater chance of success by purchasing a franchise licence rather than starting an independent business.
  18. 1(a)12 marks· CAPE Management of Business Unit 1 · 2009 · Paper 2Explain to Kevin TWO advantages and TWO disadvantages that a private limited company has over a sole trader.
  19. 1(b)13 marks· CAPE Management of Business Unit 1 · 2009 · Paper 2Discuss THREE ways in which a shift in the country's economic system from a mixed to a planned economy could influence Kevin's decision to incorporate.
  20. 2(a)(i)2 marks· CAPE Management of Business Unit 1 · 2012 · Paper 2Define the term 'partnership'.
  21. 2(a)(ii)6 marks· CAPE Management of Business Unit 1 · 2012 · Paper 2Outline THREE advantages that the sole trader would enjoy by continuing to operate as a sole trader rather than entering a partnership.
  22. 2(b)17 marks· CAPE Management of Business Unit 1 · 2012 · Paper 2Discuss TWO advantages and TWO disadvantages of converting the business to a limited liability company rather than forming a partnership.
  23. 1(a)9 marks· CAPE Management of Business Unit 1 · 2013 · Paper 2Outline THREE essential provisions that the partners could include in their partnership deed.
  24. 1(b)16 marks· CAPE Management of Business Unit 1 · 2013 · Paper 2Discuss TWO advantages and TWO disadvantages of converting the business from a sole proprietorship to a partnership with friends.
  25. 1(a)4 marks· CAPE Management of Business Unit 1 · 2014 · Paper 2Outline the difference between 'privatization' and 'nationalization'.
  26. 1(b)9 marks· CAPE Management of Business Unit 1 · 2014 · Paper 2Explain THREE negative impacts that Sunset Island may experience as a result of the government privatizing the bus system.
  27. 1(c)12 marks· CAPE Management of Business Unit 1 · 2014 · Paper 2Discuss THREE ways in which the country may benefit from the privatization of the bus system.
  28. 1(a)(i)2 marks· CAPE Management of Business Unit 1 · 2017 · Paper 2Define the term 'sole trader business'.
  29. 1(a)(ii)2 marks· CAPE Management of Business Unit 1 · 2017 · Paper 2Define the term 'partnership business'.
  30. 1(b)9 marks· CAPE Management of Business Unit 1 · 2018 · Paper 2Explain THREE ways in which the privatization of the banana chips business could benefit the economic development of PanJam.

Related topics in Module 1: Business and its Environment