QUESTION CUM ANSWER PAPER FOR TERM I : NAME : CLASS /DIV.: 9 E ROLL NO.: SUBJECT : BUSINESS STUDIES PAPER: I DATE :

Transcription

1 QUESTION CUM ANSWER PAPER FOR TERM I : CENTRE NUMBER : IN462 NAME : CLASS /DIV.: 9 E ROLL NO.: SUBJECT : BUSINESS STUDIES PAPER: I DATE : DURATION : 1Hr 30 Mins MAX.MARKS : 80 READ THE INSTRUCTIONS GIVEN BELOW : 1. Write your name and roll number in the spaces provided at the top of this page. 2. Answer all/ any one/ any two questions in the spaces provided on the Question Paper. Write in dark blue or black pen. 3. You should show all your working in the Answer Booklet. You may use a soft pencil for rough working. 4. The Number of marks is given in the bracket '[ ]' 5. This document consists of 17 pages. (16 printed +1 blank ) 6. Do not use staples, paper clips, highlighters, glue or correction fluid. 7. At the end of the examination, fasten all your work securely together. 8. You may / should use an electronic calculator. 9. If the degree of accuracy is not specified in the question, and if the answer is not exact, give the answer to three significant figures. Given answers in degrees to one decimal place. 10. The businesses mentioned in this Question Paper are fictitious 11. Dictionaries are not permitted NAME SIGNATURE DATE INVIGILATOR : EXAMINER : FOR EXAMINERS'S USE Q. NO. MARKS OUT OF TOTAL 80 MODERATOR : PAGE:1

2 1. Si and Ramon are friends. They want to set up a photography business. They would take pictures at weddings, birthdays and other special events. The business will be a partnership. Based on their primary market research, Si believes there is enough demand. Ramon has produced a business plan which shows they need $8000 for a shop and $4000 for equipment. They plan to spend $500 on promotion, but cannot agree on the best method to use. (a) What is meant by a partnership?. / [2] (b) How will partnership help Si & Ramon in their business? Advantage 1 Advantage 2 / [4] (c) Identify and explain three advantages to Si and Ramon of having a business plan. Advantage 1 PAGE:2

3 Explanation 1 Advantage 2 Explanation 2 Advantage 3 PAGE:3

4 Explanation 3 QUESTION CUM ANSWER PAPER FOR: TERM I :. / [6] d) Identify the 2 advantages and disadvantages Si and Ramon will have forming a partnership firm. Advantage 1 Explanation 1 PAGE:4

5 Advantage 2 Explanation 2 Disadvantage 1 Explantion 1 Disadvantage 2 Explantion 2 PAGE:5

6 . /[8] 2. Tebo has recently been made redundant from his job as a car mechanic. He is thinking of setting up his own business. Even though he has no management experience, he knows that managing cash flow will be important to the success of the business. Tebo is considering whether to apply for a FIXIT franchise. This franchise would cost $15 000, which would use all of his savings. FIXIT is a car repair franchise, with 36 franchisees. (a) What is meant by made redundant?. / [2] (b) Identify two functions of management that Tebo might have to perform. Function 1 Function 2. / [6] PAGE:6

7 c) How would setting up his own business help Tebo with respect to functioning of the business? /[6] (d) Do you think that buying a FIXIT franchise is the best way for Tebo to start his business? Justify your answer. PAGE:7

8 . /[6] 3. (a) Identify two stakeholder groups, other than employees. Stakeholder 1 PAGE:8

9 Stakeholder 2 /[2] (b) Identify two functions of management that each shop manager will have to perform. Function 1 Function 2 / [2] (c) Identify and explain two features of Callow s organisational structure. Feature 1 Explanation 1 PAGE:9

10 Feature 2 Explanation 2. / [4] (d) Identify and explain two possible methods that Callow could use to improve the motivation of its employees. Method 1 Explanation 1 PAGE:10

11 Method 2 Explanation 2 /[6] PAGE:11

12 (e) Do you think it is a good idea for Callow to use off the job training for all its shop employees? Justify your answer.. / [6] 4. Michelle owns a successful restaurant. She is an autocratic leader. Michelle believes that highly-motivated employees are very important. She employs three cooks in the kitchen, two people serving at tables and one person at the cash desk. All employees are paid the same weekly wage. Michelle wants to recruit a restaurant manager a) What do you mean by an autocratic leader / [2] PAGE:12

13 b) Identify two advantages to a restaurant of having highly-motivated employees. Advantage 1 Advantage 2 /[4] PAGE:13

14 c) Identify and explain one advantage and one disadvantage to Michelle s employees of them all being paid the same weekly wage. Advantage Disadvantage. / [6] PAGE:14

15 d) Identify and explain two factors that Michelle should consider when recruiting a restaurant manager. Factor 1 Explanation Factor 2 Explanation 2 PAGE:15

16 /[8] PAGE:16

17 BLANK PAGE PAGE:17