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CSEC Principles of Business · May/June 2014 · Paper 2 · Question 1(a)(iii)

Section I consists of three compulsory questions. Question 1 addresses management responsibilities, organizational relationships, and teamwork.

State two responsibilities of management to the owners of the business.

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Other parts of this question

  1. 1(a)(i)State two responsibilities of management to society.[2 marks]
  2. 1(a)(ii)State two responsibilities of management to government.[2 marks]
  3. 1(b)(i)Identify two sources of conflict within an organization.[2 marks]
  4. 1(b)(ii)Describe two strategies for resolving conflicts within an organization.[4 marks]
  5. 1(c)(i)Outline one difference between a 'line relationship' and a 'staff relationship' in an organizational chart.[2 marks]
  6. 1(c)(ii)Construct an organizational chart showing the line relationship among three employees in a business: manager, supervisor of mail delivery, and supervisor of…[3 marks]
  7. 1(d)Discuss one reason why teamwork is important to the success of small businesses.[3 marks]

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