Quelpr

CAPE Management of Business Unit 2 · 2011 (Specimen) · 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.

Practise this paper
  1. 1(a)4 marksDefine the concept of 'customer' as it relates to TQM and state TWO ways in which this concept can be used at Bucky.
  2. 1(b)12 marksDiscuss FOUR common TQM techniques that Bucky can use to enhance its competitiveness in the international sugar market.
  3. 1(c)9 marksDiscuss THREE ways in which poor quality can affect Bucky.
  4. 2(a)(i)2 marksUsing the sales level of 100 units, calculate the contribution per unit.
  5. 2(a)(ii)3 marksUsing the sales level of 100 units, calculate the total cost.
  6. 2(a)(iii)3 marksUsing the sales level of 100 units, calculate total profits using marginal costing format.
  7. 2(b)(i)5 marksWith the use of a labelled diagram, illustrate the breakeven point of the firm.
  8. 2(b)(ii)a)2 marksDetermine the number of units required for the firm to break even.
  9. 2(b)(ii)b)2 marksDetermine the amount of sales required for the firm to break even.
  10. 2(b)(iii)2 marksOn the same diagram in (b)(i), indicate the margin of safety. State the importance of knowing the margin of safety.
  11. 2(c)(i)4 marksThe firm is considering purchasing widgets at $30 each instead of manufacturing them, leaving the factory idle. Advise the firm as to a course of action.
  12. 2(c)(ii)2 marksState TWO non-accounting factors which the firm must take into consideration when making its decision to buy rather than manufacture.
  13. 3(a)(i)6 marksExplain how EACH of the following concepts may be used to evaluate the marketing function: a) The product concept b) The sale concept c) The marketing concept
  14. 3(a)(ii)4 marksOutline TWO reasons why the marketing concept is the BEST approach for TIM.
  15. 3(b)9 marksDiscuss THREE factors in market conditions that the marketing manager of TIM needs to consider when seeking to secure a competitive advantage in the market place.
  16. 3(c)6 marksDiscuss TWO capabilities in the firm that the marketing manager of TIM needs to consider when seeking to secure a competitive advantage in the market place.
  17. 4(a)(i)4 marksDefine the term 'sampling' and state TWO reasons for sampling.
  18. 4(a)(ii)4 marksDistinguish between 'probability sampling' and 'non-probability sampling'.
  19. 4(b)12 marksDefine the terms 'convenience sampling' and 'systematic random sampling', explaining how EACH might be used to select respondents.
  20. 4(c)5 marksIndicate which of the two types of sampling in (b) above should be used by Research Inc. Justify your choice.
  21. 5(a)(i)4 marksDistinguish between a sole trader and a private limited company.
  22. 5(a)(ii)8 marksOutline TWO advantages and TWO disadvantages of a private limited company compared to a sole trader.
  23. 5(b)13 marksDiscuss THREE ways in which a change in the economic system of the country from a mixed economy to a planned economy could affect a sole trader's decision to form a private limited company.
  24. 6(a)3 marksDefine the term 'business plan'.
  25. 6(b)6 marksOutline THREE reasons why Ruby should have a business plan.
  26. 6(c)16 marksIdentify FOUR key elements that Ruby should include in her business plan, justifying the importance of EACH.

More CAPE Management of Business Unit 2 papers