Indirect Costs💡 (a) (ii) Identify one indirect cost [1] Working Capital✍🏽 (b)(i) 3 mark PAPER 2 (b) (i) Refer to Table 1. Calculate BIG’s working capital. [3] Table 1: Extract from BIG’s statement of financial position $ 000 Non-current assets 80 Current Assets 40 Current Liabilities 30 Non-current Liabilities 50 Equity 40 Internal Sources of Finance ✍🏽 (b)(ii)
Value Added✍🏽 (c) 8 mark PAPER 2 (c) Analyse two ways in which AA adds value to its products. [8] Purpose, Costs and Benefits of Inventory ✍🏽 (b)(ii) 3 mark PAPER 2 b (ii) Explain one benefit of NT holding inventory. [3]
Supply and Demand ✍🏽 (b)(ii) 3 mark PAPER 2 (b) (ii) Explain one factor influencing the supply of the retro cycle.[3] Industrial and Consumer Markets ✍🏽 (b)(ii) 3 mark PAPER 2 (b)(ii)Explain one benefit of Nativity Trees marketing its products to industrial markets [3] Methods of Information Gathering ✍🏽 (c) 8 mark PAPER 2 (c) Analyse one method of
Management and Managers ✍🏽 (d) 11 mark PAPER 2 (d) Recommend which of Mintzberg’s management roles is likely to be the most important for the new Managing Director of NT. Justify your recommendation. [11] Recruitment and Selection ✍🏽 B: (i) 3 mark (ii) 3 mark PAPER 2 b (i) Refer to Table 1.1. Calculate the rate of
Role of the Entrepreneur ✍🏽 (c) 8 mark PAPER 2 (c) Analyse two qualities that Gordon will need to be a successful entrepreneur. [8] Legal Structures ✍🏽 (d) 11 mark PAPER 2 (d) Evaluate the likely impacts on the local community if EFF changes from a co-operative to public limited company. [12] Measuring of Business Size ✍🏽 (b)(ii) 3
Table Of Contents Barbecue House (BH)✍🏽1 (i) Identify one benefit for a business of a unique selling point (USP). [1](ii) Explain the term ‘sole trader’ (line 4). [3](b)(i) Refer to Fig. 1.1. Calculate the value in dollars ($) of BH’s share of the market. [3](ii) Explain one reason why Amir carried out market research. [3](c)
