Hevea HL Business Shore Questione 2. Column isto nance terms, Column 23 Ist of possible explanations for these terms, (One explanation does not refer to ony of hese finance terms) (9) Column i tema | Ealunn explanations lab Deasipion | & The numberof subordinates who report recy tow manager Znoming Shows the qualfeatons, experience and kl equed 5. Manpower Planing |. stags in tear development. Person The reporting structure rom the top af he hierarchy to the Baton Speciation chain of command | E Having the right numberof employees with the ight sla the At L piace a theright tine Defines the man dies and responsbis i z z i is 2, nam the Tee categories of nustry hd give ove example ofan cupation in each: (@) a example: w. example: a eample: 3. Inthe context of business, what do the fllwing letters stand fr? Wet your answers inthe spaces provided. (9) FATE USC PAST DRT 4c the correct option theca of each ofthe following statement (ination ithe merease / decrease inthe cot oflvng over 8 ero of tine (W) Bane interest rates fr Eurozone members are set bythe Single European Market / European Central Bank. (i) when the Eure Inrensat in valve agin the US dollar (9 the ree af ich exporsin the US Increases / dere (iw) A deerase in PAVE lads to more / les disposable income for an employee (v) An increase in ‘employment should lesa to more / less revenue forthe sh Government.SVAM GL Sy 1 Flin the appropriate words to complete each of the following statements) (2) on, replacements and reais are forms of reressealiable to a consumer Lunder the Ste of Goods and Supply of Services Act 1980. ate. ard compensation upto 2,000. provides a solution to eorsumer conflicts and can (ye term merchantable quay in consumer aw implies that consume products are of 2 reasonable quality having regaré to their. (ythe lnvestgating enforcing and encouraging compliance with cansumer law Is response for (0) The Sale of Goods and Supply of Services het 1980 states that all provers of services wl supply eevee with 2. Girl the correct option in the ease ofeach of the following statements (8) (i)An acawistion (takeovers 2 form of inorganic growl organic grows (iin a merger, businesses trade unr thrown names/ 2 new lgalenty is ereated, (ina srateicaliance, businesses share experts, andthe agreements pecmanest/ (iv) Expansion canbe Mnancedby det capital which includes / doesnot euée ordinary share capital (0) Feonomes of scale ace defined a5 unit (overage cost / oa cost decreasing as output 23. Cok ia ist of fance terms. Column 2 ist of posible explanation for these terms (One explanation does nat refer any ofthese nance terms (8) i lesing A ealty ana euent account tat allows you to seca fonds To am agreed lint above your actual balance. 2.WirePurchase | BA financial eontrbrion given by an organiation fora speaied purpose, provided certain conditions have been met. 3 Guerin Selig» trade debt to third party ate dSane, a. Grant 1D. Purchasing an asset by astalents over ine. 5. Trace Get Renting an aeat but never owning F.Recelving goods rom suppliers and paying or ther ater.4. Study the table blow ad ili the Figures represented by the letters A 8, C,DandE (8) Siler | Seling Price | Fed Conte | variable] Totlons [Total] Prafions (unis) | (per unit costs feverue a al ie. is a 3 20 360,500 [0 360500 [o = 30000 [20 2B 220,500 | 600,00 [De To 50,000 [20 360,00] B= c 11600, 000 | 245,000 ‘5, Waite Tre or Fale after each following statement (8) Siaterent True or False 1. The EU Commision i ect lected by EU cen 2 Membership ofthe Eurorone i essential fr the ree mavernent oT 0005, Serviens, people and capita between EU member states. 3.4 Diecve fa low appkeable to al EU member states wi inmnedate effect. The Counel ofthe European Unione the main dadion mail body ofthe EU 5 1 the co-deision procedure the European Parlament shares lgisative power with the Counel ofthe Eurpean Union, 6. Inthe context of business, what do the following letters stand fr? Write your answers the spaces povided. (61 Pic. SME ceo 7. Winte TRUE or FALSE far oath of he Yalowing statements (6. ‘ination refer tn the decrease the cont of ving rom one year to the not. 7. Aa inerease in the value of the euro () against stern) has aneratve impecton ish exports tothe UK 5. Dereasen unemployment ress an increase a PAVE evenve Tor the Government 1 igh interedt aes simulate business xparaion 5A recession represents an uptum in he economy and an ereasen demand8, Colum 11s tof insurance terms, Column 2 fa sto explanations fr these terms (One explanation does not refer toany ofthese terms] Match te two lists by placing the letter of the correct explanation under the relevant number below (6). z z 3 a EE Coma Term Coumnn 2 Exwianations 1 surab Tiere ' plies item sinsured against the same Hak wh more Than Z Rverage chase The nsued person cannot male a profit rom uronic 5: Subrogation ‘The insored poron must gin om the Rens eustence snd ‘xfer final from tose. 7 Centbation 1. Apois ian item i under sasured and there pata, 5 indernty The Insured person must decare llmateral fas about the item beng insures 1 F Once compensation Rar Been ald any legal igh to therm recovered passes to the insurer. 9._Winte True Fale after each ofthese sentences (5). Sentence Trosor fase 1. Factors of production reer to be resoureas required forthe generation of goods and series 2, The secondary ser refers to he constrocion and manuTocurng indie 3 Service ndustis manufacture physi products Tor se TS “Industrie euch ae arcu, Fahing abd Tres are based ono country's natural resources 5: Indigenous firms are orign awed firms Toatad i ireland410, Column 11s 3st of Business Orgaisations. Column 2s tof possible explanations of ‘these business organisations. (One explanation does ot refer fo any ofthe business organisations ste) (5) ‘Match the two lists by pacing the letter ofthe correct explanation under the elvan umber below T z z Te = 1 t 1 [Goturan = Busines Organtetions | Colunn'=Eapiaations (Public mites company (Pic) [A Has unlimited tabi Franchise 8. i owned by Between two and twenty people {general ands common n professions such asthe accountancy andthe legal profesions 3 coaperaive Owned, nants and conoid by te Government Sole Waser TD. licence granied bya business to athe tose | its products oe series in return fra fee 5 Sate owned enerpe Shares are qucte/iraded on the Stock Shane, F.Democatcaly eonvoled andl owned by members 11, Column iss of business terms. Column 2s lstof posible explanation for these ‘business terms. (ne explanation doesnot refer to any ofthe business terms (3). {oluron 3 Business Terms Column 2- Gxplanations idea Gereration 7 inwolves developing a arpa oF ack up’ ofa product 7. Concept Development 1. Bsnstorming one of the methods eed + Prout iauneh Cicarred out to asses if rout has oft potenti [E-Protoiee Development | 0.The product smadeavalabietothe | marist 5 Feastiny Say . Unweiable eas ae dropped, FA unigue sling pot (US) i dented i a a a Ts am 12. nthe content of busines, what do the flowing laters stand for? Write our answers In the spaces provide Ss ust co cr13, Wite True o Fale after each ofthese statements (3). Sentence Taser Fake 1 T] oteh productions used when waking single one of 1 unique product | Z [na Fire Purchase agreement ial ownarhip of he good transfers tothe buyer nen the irstinstalment is made 3 [Rath Flow dei ea be adaressed by nagotating Lo | shorter prio of ret wth detiors | A sole traderis an ownership stuctore That Benet rom limited aby [When & company egy capita greater than is abt capital it has low gearing Ta: Column tsa ist of business terms, Column 283 Tat of posible explanations or these business terms (One explanation doesnot refer to any ofthe business terms (2), Column = Business Terms | Column Explanations 4 Stakeholder 'A Apary acting beyond is fegal powers 2. ita vires 1A Ques nexpersve way for dealing with consumer compli [Slebbng {The mannarin whi eonivoct is dawn up. i Aegaity of Form ‘i. Apary that can affect or be affected by business declan Labour Court . Using n oegansed camosign ininfluence a decison maker F.Esablees Joint Labour Committees. Z iE i a z Lo 25. Inthe context of busines what othe following eters stand for? Write your answers in ‘the paces prouded (2, TED Pc THE = 1B, Colunn Iie Wat of business terms, Column 2 ist of possi explanations Tor these business tems, (One explanation does not refer to any of te business terms (0). es ssiess Terme | Column 2= Explanations [ Goiomn I= Basin ‘European Parlarrent | A Draws up proposals fornew EUlaw. 2 European Commision —| 6. Most important decision making Body inthe EU, 3 European Court of lstce [censure the EV budget I spent efficient. “© court of Avdtore . irresponsible or ensring the corect interpretation FEU laws by member states. § Counc of Ministers | Es responsil for managing the ero careney [Te Diretiy elected by EU ctzens. z z z a 51. study the cash low forecast below and ln the figures represented bythe letters, 8, D and (ash ow forecast for Intenso td for the 3rd quarter of 217 (7). [ane [Roms Sepeniber e) [Torrie “azar meses — | 20,000 as {a2000 5700. “otal ayment [34,000 17000 35,000 745,000 Tet Cash 6,00, 3000. a Opening Cash 5,000 1,000 19,006 Gosing cash [7,000 39,000 3,000 "I From te fires even below (or 2076 clelae te Tow or Fauinax Devan {Show your workings 17) (9 Net Profe Margin {ii Retuen on investment (@) current Ratio (wv) Debr/equiy Ratio yung Desgn information for 2076 [[Eounax Design er ResuTs or 2005, ‘Sales 200,000 [Wet Profit Margin 205% Net Profi 10,400 | Curent tio. 2a Gurren Asai 20,000 | Return onivestment | 6%. Current uses 15,000 | beot/Eguty Ratio ond Tasved Ordinary are Capt | €300,00, Long-Term Loar 400,000 Retained Earnings 50,000 ‘malice the protaiy and liquy of Equinox Desig Lie Tor 2016, with reterence to the results for2015 shown nthe box above. (20marls) 2, visible Exports: €101,750 milion vse Imports: €103,376 milion Total Exports: €196,366 milion Totelinports: €171,536 milion (0) Caleuate the Boonce of Trade using the figures atove. (show your workings. (7) 3. (a} Using the figures Below, cacuate the Debt/Equty ratio (Gearing) of Lalo Ltd. for 2015. (Show you formula and workings (6) eserves €130.000 Formal | Wortngs Long-term Loan €700,000 (Orainary Share Capital €220,000 (0) Cutine whether Lalo Ltd. highly geared or lowiy geared and the possible effec this resut has on the busines 5.(e) Complete the missing gues inthe thee unstaded areas ofthe table below (6) ise Sepa (nL ‘Visible pers [eon] Balance oF Tae () 70 e105 0 es spas T a eso6. Ty Using the Tigures below, calelate the Net Prot Percentage (Wah of Aub Publishing td for 20145). sues «50,000 Grose Profit €22,000 Expenses €12,000 [Foma Workings (show your formula nd workings) | Tinswer {b) f the Net Profit Percentage for 2013 was 25%, oulline how management coud use {hs information in aking decisions 7. The folowing information fs supplied by Canon id). Forecasted Outpt (Sales) 60,000 units sing he infor provided clcaate the = Fd Cet 8 000| fotowing Selig pice per unt (0) Total Revenue a forecasted output Varisble Costs per unit €2 {b)Totol Conse proditon t forecasted 3 your working ouput ae he) | (c) Prowt at torecastes output {aj reakeven point (8) nuns {anewer inthe Answer ox below) newer Box = Twenge Tae] (a iaalRnena a omeared out z Toy Tea cots Prodan st € forecaned outst (coi treated ouput € [a Breaceven pein (8) nana ee aie rotnecesary to draw a breakeven Lean) 8. (8) Thefolowing figures are taken from the final accounts of Flame tor 2013 (4) Fame ud 2013 € Tithorsed share Cpe 300,000 Teed Share Captl 450,000 ng Term Loan 200,000 Retained Eaminge 350,000 (Explain ne term ‘Debt/Equity Rati i) Caelase the Debt/Equity Ratio fr 2013. Show your woskngs. (Gi) Gi) bizcise the importance of the Debt/Equity Rato when deciding on new sources of finns for lame Ld (20 mark