PAPER 2 PAST PAPER QUESTIONS Flashcards
learn how to effectively answer exam questions
Which one of the following is an element of the design mix?
- Cost
- Price
- Product
- Quality
Cost
Which one of the following is an example of an internal source of finance?
- Loan capital
- Selling assets
- Share capital
- Stock market flotation
Selling assets
Which two of the following are likely to be sent to a business by a person applying for a job?
- Application form
- CV
- Job advert
- Job description
- Person specification
Application form
CV
Which two of the following are likely to increase the productivity of a business?
- Excessive communication
- Pressure groups
- Retraining employees
- Increased product range
- Introducing new technology
Retraining employees
Introducing new technology
Which one of the following is a barrier to international trade?
- Aesthetics
- Ethics
- Tariffs
- Trade-offs
Tariffs
Which one of the following is a non-financial method of motivating an employee?
- Bonus
- Commission
- Job rotation
- Remuneration
Job rotation
Which one of the following is a type of organisational structure?
- Freelance
- Hierarchical
- Permanent
- Temporary
Hierarchical
Which two of the following are external sources of finance?
- Loan capital
- Retained profit
- Sales revenue
- Selling assets
- Share capital
Loan capital
Share capital
Which two of the following are methods of external growth for a business?
- Improve promotion
- Innovation
- Merger
- Research and development
- Takeover
Merger
Takeover
Which two of the following are methods of external growth for a business?
- Improve promotion
- Innovation
- Merger
- Research and development
- Takeover
Product knowledge
Which one of the following documents states the qualities an employer is looking for in a new employee?
- Application form
- CV
- Job description
- Person specification
Person specification
Which two of the following are examples of goods?
- Cars
- -Education
- Hairdressing
- Televisions
- Train journeys
Cars
Televisions
Which two of the following would allow a business to improve employee retention?
- Decreased remuneration
- Excessive communication
- Introducing job rotation
- Providing training
- Reduced employee autonomy
Introducing job rotation
Providing training
Procurement involves a business having a strong relationship with which one of the following stakeholder groups?
- Local community
- Managers
- Pressure groups
- Suppliers
Suppliers
Which one of the following is a barrier to effective communication?
- New information
- New machinery
- Jargon
- Job description
Jargon
Which two of the following are stages of the product life cycle?
- Birth
- Cancellation
- Decline
- Growth
- Marketing
Decline
Growth
Which two of the following are elements of the design mix?
- Cost
- Function
- Materials
- Price
- Quality
Cost
Function
Which one of the following is a stage in the sales process?
- Advertising
- Customer engagement
- Product quality
- Use of different payment systems
Customer engagement
Which one of the following is an element of the design mix?
- Function
- Price
- Productivity
- Profit
Function
Which two of the following are documents produced by a business at the start of the recruitment process?
- Application form
- Curriculum vitae (CV)
- Job autonomy
- Letter of application
- Person specification
Application form
Person specification
Which two of the following are services?
- Accountancy
- Biscuits
- Furniture
- Hairdressing
- Shoes
Accountancy
Hairdressing
Which one of the following is a fringe benefit?
- Company car
- Job enrichment
- Salary
- Wages
Company car
