SRI LANKAN INTERNATIONAL SCHOOL RIYADH - KSA Admission Number: Class: Business Studies Grade 8 2 hours Second Semester Examination April /May 2019 Total Marks Sunday 28 April 2019 ‘Question | Marks Instructions to Candidates 1 « Fillin the boxes at the top of this page with your admission number and 2 class. a + This paper contains 05 questions on 13 pages. 4 + Encirele the number of each question answered. e « Do not use paper clips, highlighter, glue or correction fluid, S 7 8 Information for Candidates 5 + The otal mark for this paper is 100 |“ 10 + The marks for each question are shown in brackets (). i 2 Advice to Candidates 18 ry + Read each question carefully before you start to answer it. 7 « Keep an eye on the time. 7 + Cheek your answers if you have time at the end. a + Write your answers neatly and in good English. aa 19 20 Examiner's use ont L Examiner's use only 5 Name Marks | Signature 2 ‘Marked by | yO bo [- 24 Checked by 2) ~ Total Department of Commerce, Sri Lankan International School Riyadh - KSA‘Answer ALL questions Section A Ql. Mark a tick against the appropriate answer. (a) Which one of these is an internal source of finanee? (1) ‘A. Retained profit, B. Mortgage C. Venture capital D. Crowd funding (b) Which of the following is a benefit of training? (1) A. It is cheap B. Workers always enjoy training, C. Workers skill can be updated D. Business cash flow improves (0) The process of sorting through application forms to select a small group of candidates suitable for interview is known as (1) A. Selection B. Short Listing C. Testing D. Prioritizing (a) Which of the following is an example of external communication? (1) ‘A. Sending a customer information about a special offer B.A departmental staff meeting C. A training session for a new recruit D. A presentation by the chairman to the senior management team. Department of Commerce Trastess Sradles rade 8 Page 1 of 13(6) Which of the followin; A. Product not an element of marketing mix? (1) B. People C. Promotion D. Place 2. Joshua enterprises is a major electronics manufacturing business. As a large public limited company, Joshua enterprises needs to communicate effectively to keep their staff informed. (2) Explain any two methods that can be used by Joshua enterprises to communicate with their employees. (4) (b) What is meant by ‘internal communication? ‘(2) Department of Commerce Bastness Sues Grades Page 2 of 13(©) Identify the difference between upward and downward communication by giving examples. (4) Department of Commerce Brastness Studies Grade 8 Page 3 of 13(O) Explain three advantages to Joshua enterprises by operating as a public limited company. (6) Q3. PepperTab is a private limited company which allows people to use an application on a mobile phone to order foods from local shops and get it delivered very quickly. The company also provides various types of training to their employees and recruits employees every year. (@) What do you understand by induction training? (2) Depariment of Commerce Bastness aes Grades Page 4 of 13(b) Explain three approaches used by bu Tustness Saale yesses during on the job training. (6) (©) By giving examples, identify the difference between internal and external recruitment. (4) rade 8 Deparment of Commerce Page 5 of 13(d) State two advantages and disadvantages of internal recruitment. (4) Advantages: Department of Commerce Trusiness Studies rrade Page 6 of 13(0) Outline two reasons why PepperTab may draw up a job description (2) Total marks for Section A =50 Department of Commerce ~ Business STudies: Grade 8 Page 7 of 13,Sex B Q4. Fresh bites is a well-known restaurant operated by John Andrews. It is located in Leeds, UK. (@) Against each of the following sources of finance listed below, indicate with a cross whether they might be internal or external sources of finance. (5) Internal External Sources of finance Sale of furniture Bank overdraft Payment received from debtor Personal savings Secured loans John is planning to expand his business to other locations in UK. For this purpose, he is planning to use Retained profits (b) What do you understand by retained profit? Explain one advantage of using Retained profits over bank loans. (3) ‘Department of Commerce Business Studies Grade Page 8 of 13,(©) Given below is a four month cash flow forecast of John’s business. Description | January | February | March | April Cash | | flows: | Sales 14000 | 15000 [9000 | 12000 revenue Sale of old | 20000 | 0 furniture - Total cash |= 15000 [9000 | 12000 inflows ) Cash outflow : _ 7 | Payment to | 10000 | 8000 | 6000 | 9000 suppliers | Electricity |1000 [1500 [1300 [1100 | bills | Total cash | 9500 [7300 [10100 | outflows Net cash |= 3500 [1700 | 1900 flow Opening [2000 | - - - balance Closing [= : = : | balance | Find the missing figures. (10) @ Give a brief description on the following (Debentures (2) Department of Commerce Business Sades Grade Page 9 of 13Gi) Venture capital (2) Hire purchase (2) (iv) Statement of comprehensive income (2) (v) Statement of financial position (2) “Dispariant of Comarce Tastes Ses Tames Page 10 of 13,Q5. Dragon toys is a Chinese toy manufacturer. It makes a wide variety of plastic toys, many of whic are sold to Western Europe. The company invests a large amount in conducting market research, (a) What do you understand by market research? Explain any two purpose of conducting market research? (6) Deparment of Commerce Brasiness Sradies Grades Page 11 of 13(b) Explain any two differences between primary and secondary market research by provi examples. (6) (c) What do you understand by the term ‘ marketing"2(2) Department of Commerce Thustaess Mudie Grade S Page 12 of 13(@) Discuss the importance of the 4 P’s in a firms marketing mix. (8) Total marks for section Total marks for the paper = 100 Grade Depart of Core Tastes SS Page 13 of 13