The answer sheet is the last page on this question paper. Some examples of operations impacts of globalisation include: purchasing materials and fabrics: this can be made cheaper and there may be more variety of materials to choose from. . Transportation of inputs and outputs: there is faster more effective ways of transportation, there is more options such as boats,. For example, providing food, clothes and water to people living in third world countries.
Select the correct answer and simply write the letter A — D in the block provided alongside each question. A an audiologist B a cardiologist C a dermatologist D an anthropologist 2 Choose the words that belong in the blank. Location Grills is located on Wills Rd in Woolooware. Business Entity For this business scenario the best business entity is a limited partnership. The meals are easy to consume and they have just in time services. Restraint of trade agreement C.
For example, miners will mine for different types of metals. The tertiary sector stage is when the finished product gets advertised and sold off to either other businesses or to customers. Consider the time allocation for each question when answering the questions. It is a sole trade business that is run by a couple Spiro and Anastasia. The primary sector stage focuses on getting the raw materials of a product. The Overfishing of Atlantic Bluefin Tuna 1 Atlantic bluefin tuna are warm-blooded fish that inhabit the waters of the North Atlantic and its adjacent seas. Holders of these shares receive their dividends out of the profits remaining after the preference shareholders have been paid their fixed dividends.
Oxfam is a voluntary sector business; private businesses are businesses that are owned by private citizens set out to make a profit; public sector business is a business that has been set up by or taken over by the government, their objectives are to provide for society as well as making a profit; voluntary sector business is a business that is supervised by trustees and their goal is to provide a service to a wider community in need. Lack of technology in developing countries D. Comparative advantage of products C. Next this paper will examine a construction scenario and identify the employment laws and regulations with which the business must comply in making a decision in regards to which applicant to hire. Read the instructions for each question carefully and answer only what is required. Business Studies In Action Text Book.
Grills is very tidy and has a orderly space set up for the customers. For example, car manufacturers may now use the metal they bought from the miners to make car parts and build cars with them. When they get donations, they send them to people who are less fortunate. Number the answers correctly according to the numbering system used in this question paper. A shortage B development C source D variety 4 Choose the word that belongs in the blank.
The are 1 — 10 members Choose the correct combination: A. Despite the criticism off retailers and department stores Ashby proceeded with his idea and was determined to try his exclusive approach. None of the above 1. For example, the car manufacturer can sell their parts to other businesses and can sell their cars to the customers. In addition laws and regulations each business must consider in starting the business will be identified along with the risks that each business must protect itself against. AussieBum has been significantly impacted by globalisation. When miners collect enough of a metal they can be sold to buyers.
A Computer Kilomart B Computer Dynomart C Computer Extramart D Computer Megamart 3 Choose the word that belongs in the blank. Oxfam is a tertiary business that provides a service. These things include for planning. A new computer store is opening this weekend. The location of the shop is very convenient to local residents and other shops owners nearby.
They do not have much money, but they do have Miriam, a wealthy investor who does not have time to participate in the business, but wants to provide capital to start the business in return for a percentage ownership. The business is based on selling fast and easy foods to local and sometimes not so local people and is catered for families and also just individual people looking for something to eat, either something light and small or even a meal. A capture B handle C predict D revise Read the paragraphs below and answer the questions that follow. The Basic Conditions of Employment Act B. In regards to business globalisation can alter a lot of aspects of operations.
Shares are freely transferable vi. The public are invited to buy shares v. Management Approaches: The management approaches used at Grills would be the planning, organising and controlling of the business. The liability of shareholders is limited iii. The secondary sector stage is when the raw materials are made into products that consumers will want to buy. Strengths Grills has some strengths some of which include that it has a success of having continual customers, good quality food, friendly staff, cleanliness of the shop, parking spaces provided and it is also easily recognisable through signage which is located out the front of the shop.