Scribd Logo
Upload

Welcome to Scribd!

  • 84 views

    Business Studies Paper 1 November 2010

    Uploaded by

    Panashe Musengi
    This document contains an exam for a Business Studies course, with two main sections. Section A contains 12 multiple choice questions covering topics like forms of business organization, causes of business failure, benefits of meetings, organizational structure, product attributes, quality control, lean production, budgeting, and probability analysis. Section B contains a case study about a building contractor, Johnson, who is considering bidding on a government contract to build housing and factories. It provides estimates for the duration of each activity in the project. Questions analyze Johnson's project network diagram, stakeholder objectives, and potential problems from expanding his business.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Business Studies Paper 1 November 2010

    Uploaded by

    Panashe Musengi
    84 views4 pages
    This document contains an exam for a Business Studies course, with two main sections. Section A contains 12 multiple choice questions covering topics like forms of business organization, causes of business failure, benefits of meetings, organizational structure, product attributes, quality control, lean production, budgeting, and probability analysis. Section B contains a case study about a building contractor, Johnson, who is considering bidding on a government contract to build housing and factories. It provides estimates for the duration of each activity in the project. Questions analyze Johnson's project network diagram, stakeholder objectives, and potential problems from expanding his business.

    Original Title

    Business studies Paper 1 November 2010

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains an exam for a Business Studies course, with two main sections. Section A contains 12 multiple choice questions covering topics like forms of business organization, causes of business failure, benefits of meetings, organizational structure, product attributes, quality control, lean production, budgeting, and probability analysis. Section B contains a case study about a building contractor, Johnson, who is considering bidding on a government contract to build housing and factories. It provides estimates for the duration of each activity in the project. Questions analyze Johnson's project network diagram, stakeholder objectives, and potential problems from expanding his business.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    84 views4 pages

    Business Studies Paper 1 November 2010

    Uploaded by

    Panashe Musengi
    This document contains an exam for a Business Studies course, with two main sections. Section A contains 12 multiple choice questions covering topics like forms of business organization, causes of business failure, benefits of meetings, organizational structure, product attributes, quality control, lean production, budgeting, and probability analysis. Section B contains a case study about a building contractor, Johnson, who is considering bidding on a government contract to build housing and factories. It provides estimates for the duration of each activity in the project. Questions analyze Johnson's project network diagram, stakeholder objectives, and potential problems from expanding his business.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    ZIMBABWE SCHOOL EXAMINATIONS COUNCIL

    General Certificate of Education Advance Level

    BUSINESS STUDIES 9198/1

    PAPER 1

    NOVEMBER 2010 SESSION 3 hours


    Section A [70 marks]

    Answer all questions.

    1. (a) State any three forms of disintegration. [3]

    (b) Distinguish between the public sector and the private sector of an
    economy. [4]

    2. (a) What are the main causes of business failure? [3]

    (b) Explain any two features of effective Management By Objectives


    programmes. [4]

    3. Explain any three benefits of formal meetings in an organization. [6]

    4. (a) What is an organization chart? [2]

    (b) Outline any three essential organizational elements that can be identifies
    on the organization chart. [3]

    5. Comment on the importance of trading to an organization. [5]

    6. (a) What are the physical attributes of a product? [3]

    (b) Evaluate the usefulness of desk research. [4]

    7. (a) What is quality control? [2]

    (b) Explain any two benefits of quality control. [4]

    8. (a) Define the term lean production. [2]

    (b) Explain any two practices used in lean production. [4]

    9. (a) What application does, marginal (contribution) costing have on decision-


    making in an organization? [3]
    (b) Show the difference between debt and equity financing. [4]

    10. (a) What is a budget? [2]

    (b) How useful is budgeting in the management of business? [4]

    11. Outline the benefits and drawbacks of mode as a measure of central tendency. [4]

    12. To what extent are probability tree diagrams useful indecision-making? [4]
    Section B [30 marks]

    Read the following Case Study and answer all questions that follow.

    For many years, illegal gold panners ravaged the land of Chief Chikosi causing
    irreparable damage to the landscape. Beginning of year 2010 has become the turning
    point as the Government has intervened. Operation code named “Restore Order” has been
    put into place and there is no more illegal gold panning.

    The Government has decided to build low cost housing, shops and ready-built factory
    shells on the site of the rehabilitated land. It has contacted local building firs who might
    be interested in doing this work. The Government’s noble idea is meant to encourage
    investment by the emerging indigenous business entrepreneurs.

    Johnson, the sole owner of Johnson the Building contractors, is wondering whether to
    apply for the contract. Of late, he has been concentration on building one luxury house at
    a time in posh suburbs like Zimre Park. He has eight employees and a supervisor.

    Johnson knows well that the government contract will increase capacity utilization of his
    business although the profit margin per house will be lower than for luxury houses. Since
    his business if small, the organizational structure has been simple with Johnson and the
    supervisor dealing with problems as they arise.

    Winning the contract will mean a rapid expansion of Johnson’s business. As a result, he
    will have to employ more staff, change the firm’s structure and raise more capital.

    The Government wants the job to be completed in twenty weeks, thus Johnson in
    concerned at the short time period allowed. Having done a thorough analysis of he
    project, he cam up with the following table of estimates of durations of each avctivity of
    the contract.

    Activity Preceded by Duration (weeks)


    A - 5
    B - 4
    C B 5
    D A, C 6
    E D 5
    F B 8
    G F 4
    13. (a) Using the information given in the table

    (i) draw the network diagram for Johnson, [4]

    (ii) identify the critical path and the total project duration. [2]

    (b) Explain the significance of network analysis of Johnson. [6]

    14. Discuss the likely objectives of the stakeholders in Johnson’s business. [8]

    15. Examine the problems that Johnson might experience from expanding the
    business. [10]

    You might also like