CAPE Management of Business Unit 2 · 2011 · Paper 2
26 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(a)(i)2 marksDefine the term 'Total Quality Management' (TQM).
- 1(a)(ii)16 marksDiscuss THREE potential benefits and ONE potential drawback that Lloyd Electronics Ltd. may experience from implementing the TQM approach in its business.
- 1(b)(i)5 marksState TWO features of 'Just-in-Time operations' and explain how it is related to TQM.
- 1(b)(ii)2 marksState TWO likely benefits for Lloyd Electronics from the implementation of an efficient inventory control system.
- 2(a)4 marksCalculate the labour productivity of XYZ Garment Factory.
- 2(b)5 marksIdentify FIVE factors that may impact negatively on the productivity of XYZ Garment Factory.
- 2(c)16 marksDiscuss FOUR methods of improving productivity at XYZ Garment Factory.
- 3(a)(i)2 marksDefine the term 'market research'.
- 3(a)(ii)12 marksDiscuss THREE reasons why it is important for PPC-TV to conduct market research.
- 3(b)3 marksDistinguish between primary and secondary data and state the MOST appropriate source of primary data for this project.
- 3(c)(i)4 marksState TWO advantages and TWO disadvantages of using personal interviews to conduct market research for PPC-TV.
- 3(c)(ii)4 marksState TWO advantages and TWO disadvantages of using telephone interviews to conduct market research for PPC-TV.
- 4(a)6 marksState THREE features of the focus group methodology.
- 4(b)12 marksDiscuss THREE advantages that Silk Fashions could realize from segmenting the market.
- 4(c)(i)3 marksIdentify THREE primary bases on which Silk Fashions could segment its consumer market.
- 4(c)(ii)4 marksDescribe any TWO bases of market segmentation identified in (c)(i).
- 5(a)6 marksOutline THREE characteristics which Mr. Gravy must possess in order to succeed as an entrepreneur.
- 5(b)3 marksIdentify THREE challenges that Mr. Gravy may face as an entrepreneur.
- 5(c)6 marksOutline THREE reasons why Mr. Gravy may need to conduct market research.
- 5(d)2 marksIdentify TWO factors that may influence the pricing of his product.
- 5(e)8 marksDiscuss TWO factors that may influence the location of his business.
- 6(a)3 marksExplain what is meant by the term 'business plan'.
- 6(b)4 marksState TWO purposes of a business plan.
- 6(c)10 marksOutline FIVE important steps in the preparation of a business plan.
- 6(d)2 marksOutline ONE legal requirement that Pilly will have to observe in setting up her business.
- 6(e)6 marksSuggest THREE ways in which information technology could assist Pilly in efficiently operating her business.