Term exam 2 grade 9b business Studies
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ÖZEL TARABYA ANADOLU LİSESİ 2021-2022 ACADEMIC YEAR
NAME & SURNAME : ...................................................................... CLASS & SCHOOL NUMBER : ...................................................................... THERE ARE ___6__ QUESTIONS IN THIS EXAM AND YOU HAVE 40 MIN TO COMPLETE THE EXAM. Please read all of the questions carefully and check the question, page numbers and you have answered the questions correctly. If you have a problem, please bring it to the attention of the invigilator. GOOD LUCK
Sarah set up a business as a sole trader running a nursery for small children too young to go to school. The business is successful and has opened a number of new nurseries. Sarah took on a business partner in 2007. Growth has continued and now the business has 10 nurseries in different towns and villages. Sarah is planning to open another nursery and is looking for a suitable location. What is meant by the term ‘sole trader’? [4] _____________________________________________________________________________________________________________________________________________________________________________________________________________________ A nursery school is classified as a tertiary sector activity. Identify two other examples of businesses that are also in the tertiary sector. Example 1: ..................................................................................................................................................................... Example 2: ………………………………….[4] C) Identify and explain two advantages to Sarah of having a business partner. Advantage 1: ....................................................................................................................................................... Explanation .............................................................................................................................................................................
Mayfair Solutions, a public limited company, develops software packages for customers. The staff it employs are highly paid, but Mayfair Solutions believes that this is money well spent. The company has to keep updating its software packages because customer requirements keep changing. The software market is very competitive. What is meant by the term ‘public limited company’? .......................................................................................................................................... .......................................................................................................................................... .......................................................................................................................................... ..................................................................................................................................... [6] Identify and explain One possible reasons why the staff at Mayfair Solutions are paid high wages. [6] Reason 1: ........................................................................................................................ Explanation: ..................................................................................................................... .......................................................................................................................................... .......................................................................................................................................... Homeright is a company that makes furniture such as tables and chairs. The company is successful and has grown rapidly in recent years. However the directors have found it difficult to manage the speed of growth. The Managing Director recently said that even more growth is planned for next year. The product range will be doubled and foreign markets entered. Identify two possible reasons why the directors want Homeright to grow. Reason 1: ........................................................................................................................ .......................................................................................................................................... Reason 2: ........................................................................................................................ ..................................................................................................................................... [4] Identify two ways of measuring the size of a business. Way 1: .............................................................................................................................. Way 2: [6] Country A has a mix of private sector and public sector enterprises. Figures 1– 3 give some data about the two sectors. Identify two examples of public sector corporations. Example 1: ....................................................................................................................... .......................................................................................................................................... Example 2: ....................................................................................................................... ..................................................................................................................................... [4] Identify two aims that public sector corporations often have. Aim 1: ............................................................................................................................... .......................................................................................................................................... Aim 2: ............................................................................................................................... ..................................................................................................................................... [6] Identify and explain one reason why profits are important to private sector businesses.[8] Reason 1: ........................................................................................................................ .......................................................................................................................................... Explanation: ..................................................................................................................... .......................................................................................................................................... Dmit is a partner in a small retail clothing business. The business has been successful, but it is finding it difficult to compete against larger retailers. The partners are thinking of converting the partnership into a private limited company. Identify two features of a partnership. Feature 1: ......................................................................................................................... .......................................................................................................................................... Feature 2: ......................................................................................................................... ..................................................................................................................................... [6] Identify two ways of measuring the size of a business. Way 1: .............................................................................................................................. .......................................................................................................................................... Way 2: .............................................................................................................................. ..................................................................................................................................... [6] Consider the advantages and disadvantages of converting the partnership into a private limited company. Recommend whether the partners should do this. Justify your answer. Advantages: ..................................................................................................................... .......................................................................................................................................... .......................................................................................................................................... .......................................................................................................................................... Disadvantages: ................................................................................................................ .......................................................................................................................................... .......................................................................................................................................... .......................................................................................................................................... Recommendation: ............................................................................................................ .......................................................................................................................................... .......................................................................................................................................... ..................................................................................................................................... [12] 6. Country W has a mixed economy. The public sector has grown in recent years. The Government has also introduced many new laws regulating business behaviour and protecting employees and consumers. What is meant by the term ‘mixed economy’? .......................................................................................................................................... .......................................................................................................................................... .......................................................................................................................................... ..................................................................................................................................... [6] Identify two objectives often set by businesses in the public sector. Objective 1: ...................................................................................................................... .......................................................................................................................................... Objective 2: ...................................................................................................................... ..................................................................................................................................... [6] (c) Identify and explain two reasons why the size of the public sector might increase over time. Reason 1: ........................................................................................................................ Explanation: ..................................................................................................................... .......................................................................................................................................... .......................................................................................................................................... Reason 2: ........................................................................................................................ Explanation: ..................................................................................................................... .......................................................................................................................................... ..................................................................................................................................... [8] End of The Exam Yüklə 110,97 Kb. Dostları ilə paylaş:
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