Dd 1 What doth owing letters stand fr? Write each answar in the space provided (9) aie 08 ect 2, vohat do te Tiawing tars and for? Write each answorin the space provided.) (oar — Pa PAYE 3, What do the following letters tand fr? White each answer inthe space provided (7), we CE SWOT 4, What dothe fotowing letters stan for? Write each answer Inthe space proulded (6) vat ae ww AGM ‘5. What doth folowing lettre stan for? (rite each answer lathe space provided) (5) (aw ot [ar 6. What do the folowing letters tan fr? {Write each answer inthe space provided.) 8) ~~ ceo Ter 7 What do the folowing letters stan for? (Write each answerinthe space provided (31 PAEam % 2 See ee cee — ie ‘9. What do the Following eters stand for (Write each answerin the spate provided (2) ew Pic 08 10, What do te lowing eters sand Tor (We each anwar nthe space provided) (0) PR ow ‘SWOT 11. Complete the missing Factors ofPraduction inthe spaces provided. (8) [iabe0r~ 212, List the tree othe elements of the Marketing Mie (71 PRICE 13, Complete the missing Factors of Production nthe spaces provided. 6} Te cana T L l 14. Complete the tree msing stages o tne Proguct ite cyl: (3) Twaoaucion aration5, Healthy Foods tc examining the pros made by the bucnee. Frm the lformation below, ‘alealate the Gross Prof percentage and Net Proft percentage fr 2016. (7) Show all workngsln the spaces provide. wie ae e200 (Gosetooie ©5300 Hot Profit 55,000 | ws: = | amo + | va 16. The following iformation avaible from the final account of Brandon id on 32/12/2014 ‘alelate the Net Fro Maren {Show your workings.) (5) Formula | Werkings Net Profi €210,000 | Net Prof Margin nsw x 27.W. O'Srien Las examining is quid From the information below, alot the Curent Ratio, show Farmuls snd workings 19), current Assets £250,000 Font Current iabties€75,000, | Workings:18) Clelte the Balance of Trade, ung the following information.) {Show your workings) Vise imports €1500% rrr isle Exports €1300m Balance of Trade: {ay Tck (the comect box to sate ithe Baiance of Teadels a surplus ora dei sirotus 7 pete 19. iniat by means ofa tck(y} Inthe correct bo, the leadership stylet which each statement below lates: (9) | Statement ‘AUTOCRATIC _| DEMOCRATIC | LAISSEZ FAIRE “This leader docans and cornu wih stall when mating decisions (Tos eader doesnot ascuss and consult | with staf when making decisions Tai leader gives his/her staff reedom to rake thelr own decisions 20, Indicate by placing a ck (I) nthe corec box, te typeof plan to which each statement for Ben and ery’sie ream relates. (3) Sateen Srategc | Toca Plan | mission | Contngeney Plan Statement _| lan | Ben Glere/s amis to create Taked prosperity for everjane connected to ‘hel business. supers formers | ranensees, customers and neighbours Ben & Jerry Salm sto continue expanding its product range and its locations vee the nest 10 yeas ‘Ben & Jer wil switch to non-dairy | sures or thee ie-eeams in the ever cof ami shortage, ‘Ben Jerry's wil expand Ws vegan onde of ce-ereom in thernext months21, Inieate by means oF ate (9) nthe correct bo, the method of expansion to which ech atement low eles: 7) ‘Siaemient ergs” | Taeover | ranchie | Sratape liane | Rote bs easy re Tor Avonmore foods pl and Waterford | Feds pc ne ores to foem Giana ie. trish ore ae Spear announced» new arteshp wth Bank |otrelonds part of ts Real Rewards |tovatyeramme, The Yard have expanded byalowing ‘ther parts tous he buns mel | dnd wader in exchange fora fee and | orcente of oats 22. Complete the folowing table which refers to the Sale of Goods & Suppl of Serves Act 1980, by placing atk (nthe corect box for each statement. (4) Sale of Goods & Supply of Services Act 1980, Consumer sue ~ Noear Wart [Wotan] oeenat | merchantable | for | decribed | match the ality purpose sample Waterproof coat that slows the water ‘Curtains nave ferent pattern to that] sean inthe shop ’ black phone inside a boxTabeled sve? phone. ‘The wate dispenser ofa Wg eating 23. Indicate by mers of tik (i, he eter to whieh enh goodor service belongs) Visible” invible | Visbie [ive exor___| sere __| import _| moore ‘Australian oust in ireland for The Gathering 2013 (Greek cheese oid nireland ‘ish Lame slain France TestnTimberake plays cancer the o2busin24. Liste reasons for var dsmistal, under the Una lsmisas Ae 1977/2007. (6) 25.Name two European Union institutions. (7) wr 26. ame two European Union (EU) polices. 6} 0 o 27, Nametw> elements af valid contrac: (3) 0 w28, Column 1s alist of business tems. Colum 2s alist of explanations for these tems on planation Nas NO match, Match te Wo Its Dy placing he etter of the core explanation Under the relevant number belo. 2) i z 3 a = L (Suis Teme —___—rianations | Prvatsaton A. Construction and manufacturing indus 2 Indigenous Fem Serves provider sucha Ryans and Aer Lingus 3 Secondary Sector .Busneses that ae Ich owned ad located in trelan. "Teri Sector 0. The sale of state-owned company such a5 Bord cas. 5 Pmary Sector . The Governmentbuying hares na company Such 35 A bn. Extractive industes sh a fahing Fang and forestry. 29, Column is ist of stakeholders ina business, Column 2a Ist ofexpanations for these stalcholders, One explanation has no match Match the twa Iss y placing the letter ofthe ‘corec explanation under the relevant number below (8) z z z = | an 5 Jt 5 [pants “ZEmbage | e-The testment of he word a one sng mart bygobal ams, -£.Quota_ [0A taxon imported goods andservees. TE:A group of counties that trade rey wih enh ater ~ hee are no Abn oh 3 patel prods being imparedinio a oUny [A European Union law which mut be Implerentedineash GU 'B.Alimit othe amount fs paricuar product which canbe ported resent of he word 3 D.A taxon imported goods and seviees, ae,30. Colum is list of stakcholdersin business. Column 2s alistof explanations fr these_stakebolders, One explanation has no match Math the two tts by placing the lete ofthe comect explanation under the relevant number below. (7) z z z a = Basiness Terms, | Explanations: 1 capacity ’A An unforeseen avert makes imposible fora contra abe | fates. 2 tonract Berson mus be legal able enter to contact 13. Conidertion {The parties entering the coniract must do so oftheir wa Fee wil ‘Cone D.Thelegalybiding agreement mode between bwo or more pal. 5 Frusiration Some contacts must be drawa up In certainway they ar tobe Something of value exchanged between the partes tothe conrac31. Write TRUE or FALSE afer each af the following statements (9), [Brainstorming anldea eeneralionecbrinan T— Product Screening involves develoning sample a ‘maak up" ols product, | ‘uring the feesbilty stage of product development the product made avaiable | tothe maret [est Marketing involves releaing asl sample order to testconsumer | 32, Wite TRUE or FALSE after each ofthe folowing statements) “ax paid on comany oft Known 0 eaptl gins "Span of control refers to the number of employees who report toa superb. Interest roups lobby governments on behalf oftheir members. ‘A Trade Union represents consumers who haves dspute with a etl 33, Write TRUE or FALSE ater each ofthe following statements. (5), Tilia refers to an nereai Ta goneral pices rom one yer tothe nox ‘recession leads to ineresed spending by consumers Lower interest ries mean the cost of borowing money i cheaper, changes rates elt to the price of one curency expressed in terms of another currency ‘igh unemployment lads tan increase a @overament spending on vocal | wetare 34. State TRUE or FALSE ater each ofthe following statements on Theoriesf Motivation (5) (sateen rr 4] ‘MeGrego's Theory on motivation iknown as Thgory Xan Theor. Physiciogesl/Physiea needs relate tothe need fora tafe eecure jab, Tighly motivated employeesiead tolow productivity inthe | workglce ‘Socal/acceptance reais alte to the nee for food and shelter. ‘Maslow belived that as one needs sated the next becomes the [motivator35. Caeulae Ken MeGrath's net annual ake home pay from the flowing details Show your workings. (6) ‘ross ray 30000 ‘Deductions ‘Pave (20% of 30/000)-Tax | 6000 creat Fn Net PAVE 366, RSI (eof 2,000) w USC 3 oF 30000), (0 Total Oeduetions @ ‘Net Annual Take Home Pay tw Show Workings ‘hw Wertings Past usc 36. Calclate Joanne Heffeman's net annual take home pa fom the follwing dtalis. Show your workings inthe spaces provided (8) ‘Name: Joanne Heffernan é € — ‘ross Pay "7,500 ‘Deductions ‘PATE (20% of 4550) 6100 (Wow of 25,50) ago 22090 21900 =Texcieat 4.200, ‘Net PAVE i5880 Ia of €70,000) . Use (36 of 70,000) w “otal Deductions TC} "Net Arnval Te Home Pay wh Show Workings Show Workings PRsi Use137. Dra, using today's date, a Memorandum (Memo) from Stephen Kennedy, ICT manager, tall Soles Managers reminding ther that Date Protection Authorttes may sue fines for non compliance wits the Genera Data Protection Regustion (GDPRD. (2), TEWORANUNT vo: From: Date fe Tile 38. Draft, using today’s date, a Memorandum Meme} from Mary Moore, IT manage, ‘department managers reminding them to inform al tat ofthe importance ef protecting sensitive data feom cyber secur treats (3) | Ter |29, Choose the appropriate word/ste complete the sentence below. (Two words do not eppl19) INDEMNITY COSTS vTMost Gooo FATA INFORMATION Is an insurance princi which states thatthe insured person ‘must oluntarily elon, accurately and fly, relevant thei being insured whether requested or not 40. Choose the appropiate words to complete the sentence below. (Two words donot apy 8) MERGER; FRANCHISE; STRATEGIC ALUANCE; ‘Taweover a Inwohes two busineses voluntarily ening together to form = single business, while Involves two businesses working together on 2 speci project without any change of ownership. 41. Fllin the missing elerets of SWOT analyss inthe spaces 2,3 and inthe table below(8) (Tsien z |