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Year 11 A
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    Part 1 :Multiple choice questions [                      /10 marks]
  Fill in the table your chosen answers
1            2        3       4       5                     6             7   8        9            10
Q    Choose the most appropriate answer and write its letter in the box                    Answer   Mark
1
2    One of the problems of using emails is
     a) quick feedback. B) Information overload. C) expensive d) kept as a reference
     Breakeven value is:
        a) 600             B) 225.            C) 302         d) 480
                                                     3
5
    Sales revenue is
       a) $2800           b) $4200.           c) $20,000.   D) $3,800
8   Which of the following is a characterstic of a hierarchical structure?
      A. Part time contracts.                   B. Few layers of management
      C. Full time contracts.                   D. Many layers of management
9                                                    Y
                                                     X
                               W
    Which statement is correct?
    a) X is revenue. B) Y is total costs.      c) Z is variable costs d) W is Breakeven
10 Benefits of a limited company
   a) issue shares    b)unlimited liability    c) No separate legal entity. d) No continuity.
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      Part 3: “ARR Comparing between two projects ” [ Marks =               /6]
Year                                            Net Cash flow
                                Project Atlanta(£)        Project Boston (£)
0                                   (140,000)                   (150,000)
1                                     80,000                     60,000
2                                     60,000                     60,000
3                                     20,000                     60,000
    (a) Calculate the Average Rate of Return on both projects, which project is
       more profitable?
                            Project Atlanta(£)             Project Boston (£)
ARR =
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PART 2 Case study “ES Scooters” – Continue the table:                            /12 marks]
ES makes scooters (small motorcycles) which are sold in country Z. ES
is a public limited company which was founded 40 years ago. It has
grown by taking over other smaller scooter manufacturers. This meant
that ES could use the factories and skilled employees of these other
businesses. ES is now planning to take over another scooter manufacturing business based in
country Z, either company ABC or company FGH. Financial information about these
companies is shown in Appendix 1.
Complete the table to calculate Profitability ratios then compare and evaluate which company is
better for ES to takeover!
                                     ABC Company ($m)                 FGH Company ($m)
 Sales revenue                      100                             400
 Cost of sales                      50                              160
 Recommendation (4 marks)
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                     Part 5: Essay questions :           /40 marks]
                                          Essay questions                                     M
1.   Describe what is meant by ‘Human Resource Management’                              (2)
2.   What is the difference between job description and person specification?
     Give any examples from your own understanding – link it to any job of your choice. (4)
     Example: A qualified dentist for a large medical center.                         mar
      Job descriptions                              Person Specification                ks
3    Explain two barriers to effective communication.                                  (4)
4    Explain one advantage to a business of a centralised structure (3)
5    Do you think managers should delegate tasks to their workers? (6 marks)
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6         Explain one the importance of financial information to a business? (3)
7         Explain two benefits to a hotel of employing extra part time workers during Christmas
          season. (4)
8         Discuss the importance of contracts of employment.                                      (3)
101. Explain what is meant by organizational chart by referring to its importance. (4)
     2.
11        Explain the benefits to a schools for having full time employees.                (4)
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                             Part (4) Matching [           /10 marks]
                                        Definition                                       Letter chosen
1.        Cut down expenses
2.        All decisions are made by top level management, and are passed down to
          lower levels within the hierarchy; communication is only 1 way
3.        Increase sales and cut down cost of sales
4.        Percentage of the whole market held by one brand
5.        Planning, organizing, coordinating, commanding and controlling.
6.        Workers can give their feedback and are involved in business decisions
7.        Recognizing employees by giving them higher roles for great achievements
8.        Special features in a company’s product(s) range, that distinguishes it from
          that of other competitors
9.        The passage or flow of messages from top management downward the
          hierarchy to lower levels
10. Removing some managerial levels within the structure to improve internal
          communication.
Business terms
     a)    Functions of management                        b) To increase GPM
     c)    Unique selling Point                           d) Delayering
     e)    Chain of command                               f)   Market share 4
     g)    Promotional opportunity                        h) To increase NPM
     i)    Centralized                                    j)   Employee participation
                Good Luck everyone!
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