CAPE Management of Business Unit 2 · 2010 · Paper 2

14 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)14 marksDefine the term 'Just-in-Time (JIT) operations' and discuss three elements of approach to quality used by JIT systems.
2. 1(b)(i)3 marksIdentify THREE requirements for effective inventory management.
3. 1(b)(ii)8 marksState FOUR reasons why firms hold inventories.
4. 2(a)(i)10 marksCompute the labour productivity for EACH of the FIVE weeks shown, using output per worker per hour as a measure of labour productivity.
5. 2(a)(ii)3 marksExplain the implication of the productivity figures for the company.
6. 2(b)12 marksAfoor's has been experiencing low productivity at the factory. Discuss THREE steps that the company can take towards improving productivity.
7. 3(a)8 marksDefine the terms 'primary research' and 'secondary research', giving ONE advantage of EACH.
8. 3(b)17 marksDiscuss FOUR ways in which market research may be beneficial to Fruity Juice Co. Ltd.
9. 4(a)4 marksDistinguish between 'market segmentation' and 'niche marketing'.
10. 4(b)4 marksOutline TWO benefits of niche marketing to Fruity Juice Co. Ltd.
11. 4(c)17 marksDiscuss TWO benefits and TWO drawbacks of market segmentation to Fruity Juice Co. Ltd.
12. 5(a)9 marksOutline THREE difficulties faced by small businesses in your country.
13. 5(b)16 marksDiscuss FOUR main contributions of small businesses to the development of your country's economy.
14. 625 marksDiscuss FIVE factors that will impact on the success of Jemma's business.