4. Operations management
A section of Business Studies, 0450
Listing 10 of 91 questions
Alex started APB as a sole trader business 4 years ago. APB provide printing services for local businesses such as leaflets and brochures. Alex thinks having a good location is important to any business. All APB’s 6 employees receive on-the-job training. Alex has a democratic leadership style and uses job rotation to help keep employees motivated. To meet an increase in demand, Alex plans to buy an additional printing machine. This will cost $1800. Alex has to decide on an appropriate source of finance. Define ‘job rotation’. State two factors that a service sector business should consider when deciding where to locate. Factor 1: Factor 2: Outline one advantage and one disadvantage to APB of using on-the-job training. Advantage: Disadvantage: 1 9 Explain one advantage and one disadvantage of Alex having a democratic leadership style. Advantage: Explanation: Disadvantage: Explanation: Do you think the amount of money needed is the most important factor for a sole trader to consider when deciding on an appropriate source of finance? Justify your answer. [ 1 9
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THEORY
2021
Paper 1, Variant 1
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