
	Trending ▼ ICSE CBSE 10th ISC CBSE 12th CTET GATE UGC NET Vestibulares ResFinder

UK GCSE 2007 : Higher Tier, Business Studies Paper 2

20 pages, 30 questions, 0 questions with responses, 0 total responses,

	ccea_gcse	+Fave Message
	Profile Timeline Uploads Q & A

Home > ccea_gcse >

Formatting page ...

Centre Number 71 Candidate Number General Certificate of Secondary Education 2007 Paper 2 Higher Tier G1204 Business Studies [G1204] THURSDAY 31 MAY, AFTERNOON TIME 2 hours. INSTRUCTIONS TO CANDIDATES Write your Centre Number and Candidate Number in the spaces provided at the top of this page. Write your answers in the spaces provided in this question paper. There should be enough space for your answers. If you do require more space, you may complete your answers on the extra lined pages at the back of this booklet. Answer all four questions. INFORMATION FOR CANDIDATES The total mark for this paper is 105, including a maximum of 5 marks for quality of written communication. Figures in brackets printed down the right-hand side of pages indicate the marks awarded to each question or part question. For Examiner s use only Question Number 1 2 3 4 QWC Total Marks G122H7 2375 Marks 1 Two enterprising businessmen, Adam McCartney and Matthew Lindsay are partners who own and run a small building firm called Best Builds. They employ four bricklayers full-time and two secretaries who job share. They also employ electricians, plumbers and joiners on a parttime basis when they need extra help. The owners operate job rotation and an appraisal scheme. (a) What does it mean to be enterprising ? _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [2] (b) Why might the two secretaries have agreed to job share? _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [2] (c) Explain two benefits of job rotation from the employees point of view. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] G122H7 2375 2 Examiner Only Marks Remark (d) Give details of two pieces of information which the owners of Best Builds could find by operating an appraisal scheme. Examiner Only Marks Remark _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] (e) Being organised as a partnership has certain drawbacks for Best Builds. Describe two major drawbacks of partnerships and suggest one other form of business organisation which may be more suitable. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [5] G122H7 2375 3 [Turn over (f) Best Builds plan to buy a large field from a local farmer and build twenty houses. Explain one social benefit of building the houses. _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [2] (g) Some local residents are objecting to the houses being built. Discuss the social costs that might arise from building the houses. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [6] G122H7 2375 4 Examiner Only Marks Remark 2 Study the following cash flow forecast for Colin McMurray who owns a toyshop. Examiner Only Marks Remark Cash Flow Forecast for September December 2007 September October Opening Balance 5,000 2,000 (9,000) Sales 7,000 8,000 14,000 12,000 10,000 ,000 Electricity 2,000 2,000 2,000 2,000 Wages 4,000 4,000 4,000 4,000 Rent 3,000 3,000 3,000 3,000 Telephone 1,000 November December Receipts Total Receipts (4,000) [1] [1] Payments Staff Bonuses Other [1] 10,000 Total Payments 10,000 19,000 9,000 Closing Balance 2,000 (9,000) (4,000) [1] [1] (a) Complete the Cash Flow Forecast for December using the following information: Sales are expected to be 20,000 Staff bonuses of 1,000 will be paid G122H7 2375 [Turn over (b) Suggest what the Other payment in October was likely to be for and why the payment is made at that time. _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [2] (c) Explain the payment for staff bonuses in December. _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [2] (d) Examine two consequences for a business of incorrect cash flow forecasting. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] G122H7 2375 Examiner Only Marks Remark Extracts from Colin McMurray s Final Accounts and Balance Sheet are shown below: Total Sales Gross Profit Net Profit Capital Employed Examiner Only Marks Remark 110,000 40,000 30,000 200,000 (e) Use the above figures to calculate Colin McMurray s Gross Profit percentage. Give your answer to the nearest whole number. Show your calculations in the space below. [3] (f) Using the above figures calculate Colin McMurray s Return on Capital Employed. Give your answer to the nearest whole number. Show your calculations in the space below. [3] G122H7 2375 7 [Turn over (g) What does the figure for Return on Capital Employed tell you about the success of Colin McMurray s business? What advice would you give him about its future? _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [6] G122H7 2375 Examiner Only Marks Remark 3 Modelwear Ltd is a small company which manufactures clothes in Carrickfergus. Its goods are aimed at the teenage market and are sold throughout Ireland. The business is facing strong competition from the Far East. Examiner Only Marks Remark (a) Market Research is very important in the clothing industry. Explain two reasons why this is so. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] (b) Name the most appropriate method of market research for this company and state one advantage of this particular method. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [3] G122H7 2375 9 [Turn over (c) One of the products which Modelwear Ltd manufactures is at the introduction stage of the Product Life Cycle. Advise the company on the most appropriate use of the Marketing Mix for this product. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] (d) Modelwear Ltd must be aware of the Trade Descriptions Acts. Outline two provisions of these Acts. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] G122H7 2375 10 Examiner Only Marks Remark (e) Suggest two ways in which Invest NI could help Modelwear Ltd to improve its share of the market. Examiner Only Marks Remark _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] (f) Advise Modelwear Ltd of three changes which it could make in order to beat the competition from the Far East. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [6] G122H7 2375 11 [Turn over 4 Martin Wright is a farmer, his son Stephen manufactures luxury china products in a local factory, his wife Rosemary is a nurse, and his daughter Diana is a solicitor. (a) Stephen s factory has an excellent reputation for high quality products and the owners are considering entering the international market. Advise them of the advantages their business would gain if they do so. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] (b) There is a hierarchical management structure in Stephen s factory. Many of the workers there feel that they would prefer a flat structure. Give details of two differences between these structures. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [4] G122H7 2375 12 Examiner Only Marks Remark (c) The canteen staff in the hospital where Rosemary works is in dispute with management over pay. The Labour Relations Agency is at the conciliation stage in an attempt to settle the dispute. What is conciliation? Examiner Only Marks Remark _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [2] (d) One of Diana s clients has been turned down for a job because he has to use a wheelchair. Name the law which has been broken and give advice to the employer on two provisions of the law. _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [5] (e) Complete the following sentences about the Wright family giving the name of the type of production each one works in: Martin works in ________________________ production Stephen works in _______________________ production [1] Diana works in ________________________ production 2375 [1] Rosemary works in _____________________ production G122H7 [1] [1] 13 [Turn over (f) Identify and describe the present trend in Northern Ireland towards one type of production and away from the other types. Explain two reasons for this trend. Examiner Only Marks Remark _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ _________________________________________________________ ______________________________________________________ [6] Quality of written communication G122H7 2375 14 Extra page if required Examiner Only Marks Remark ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ G122H7 2375 1 [Turn over Extra page if required ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ G122H7 2375 1 Examiner Only Marks Remark Extra page if required ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________ G122H7 2375 17 Examiner Only Marks Remark THIS IS THE END OF THE QUESTION PAPER G122H7 2375 1 SP (NF) T24141/3

Formatting page ...

Tags : gcse business studies model papers, gcse business studies revision, gcse business studies past papers, gcse business studies online, gcse business studies syllabus, united kingdom (ccea - gcse), council for the curriculum, examinations and assessment - general certificate of secondary education, gcse past papers, gcse question papers, gcse exam, gcse old exam papers, gcse exam boards, gcse practice question papers.

ccea_gcse chat

Horizontal lines at:
Guest Horizontal lines at:
AutoRM Data:
Box geometries: