9609_s19_qp_11 - revisedeck

9609_s19_qp_11

A paper of Business Studies, 9609

Questions:

7

Year:

2019

Paper:

1

Variant:

1

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1

Define the term ‘competitive pricing strategy’. Briefly explain why a business might use a price skimming strategy.

3. Marketing (AS Level) → 3.3. The marketing mix

5. Finance and accounting (AS Level) → 5.4. Costs

3. Marketing (AS Level) → 3.1. The nature of marketing

Open

2

Define the term ‘retained earnings’. Briefly explain the distinction between short-term and long-term sources of business finance.

5. Finance and accounting (AS Level) → 5.1. Business finance

5. Finance and accounting (AS Level) → 5.2. Sources of finance

Open

3

Explain factors that could influence the scale of operations of a business.

9. Operations management (A Level) → 9.1. Location and scale

9. Operations management (A Level) → 9.3. Operations strategy

Open

4

Define the term ‘private limited company’. Briefly explain two possible disadvantages to a sole trader of changing to a private limited company. Section B (Essay) Answer one question only.

1. Business and its environment (AS Level) → 1.2. Business structure

6. Business and its environment (A Level) → 6.1. External influences on business activity

Open

5

Analyse the difference between autocratic and laissez-faire leadership. ‘A democratic style of leadership is the most effective leadership style for a manufacturing business in a very competitive industry.’ Discuss this view.

7. Human resource management (A Level) → 7.3. Leadership

2. Human resource management (AS Level) → 2.3. Management

Open

6

Discuss the view that the limitations of income statements and statements of financial position significantly reduce their usefulness as measures of business performance.

10. Finance and accounting (A Level) → 10.1. Financial statements

10. Finance and accounting (A Level) → 10.4. Finance and accounting strategy

Open

7

Analyse the advantages and disadvantages for a retail business of using Just in Time (JIT) to manage its inventory. Discuss the importance of flexibility and innovation to a multinational furniture manufacturer.

4. Operations management (AS Level) → 4.2. Inventory management

Open