GOLDEN PUBLISHING PRIVATE LIMITED MOCK EXAMINATIONS

Summative Examination for Ordinary Level

BUSINESS ENTERPRISE SKILLS 4048/1

PAPER 1: SHORT STRUCTURED QUESTIONS

NOVEMBER 2022 SESSION: MOCK EXAM SET 1 1 HOUR 45 MINUTES

TIME: 1 hours 45 minutes

INSTRUCTIONS TO CANDIDATES
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 Write your name, Centre number and candidate number on the answer sheet in the
spaces provided unless this has been already done for you.
 Answer all questions.
 Shape your letters very clearly
 Calculators may be used
 Read carefully the instruction on the answer sheet.

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This question paper consists of 7 printed pages.

Copyright: Golden publishing ,2022. [TURN OVER]

1
 Answer all questions [100 marks]

1 a (i)Identify any two types of warehouses. [2]

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ii) Explain one factor that result in the relocation of a business enterprise. [2]
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b Explain the meaning of the following terms:

(i) computer aided manufacturing. [2]

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ii) e –purchasing. [2]
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iii) What the benefits of e-purchasing to a business enterprise. [3]

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c) Explain two advantages of total quality management. [4]

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d) Explain two factors that influence the choice of a mode of transport. [4]
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2 a) What is meant by the term ‘enterpriser’? [2]
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b) Distinguish between internal and external business enterprise stakeholders. [4]

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c) State three internal business variables that affect business enterprise operation. [3]
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d (i) Distinguish between resources and capabilities. [4]

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3 a) Explain the relationship that exist between demand and supply. [4]
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b) Describe the features of the following markets:

i) physical. [3]
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 ii) virtual. [3]
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c i) Define demand forecasting. [2]

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ii) State any two methods of demand forecasting. [2]

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d) Explain the importance of marketing research to a business enterprise. [4]

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4 a) Explain the meaning of the following terms using relevant diagrams:

i) fixed costs [3]

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ii) variable costs [3]

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b) Identify any three types of budgets. [3]

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 c) A shoe manufacturing enterprise incurs annual fixed costs of $40 000.The selling
price of a pair of shoes is $250 and the variable cost per unit is $50.
i) Define contribution. [2]
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ii) calculate the contribution per pair of shoes. [2]

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iii) calculate the break -even output. [2]

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d) State any two working capital components. [2]

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5 a) Describe the following management functions:

i) controlling. [2]
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ii) planning. [2]

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b) Distinguish between financial and non –financial motivators. [4]

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 c) Explain two objectives that might be pursued by a clothing business enterprise. [4]
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d) Identify any two business risks. [2]

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e) How important is technology in operations management? [4]

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6 a) State two incorporated business units [2]

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b) i) Explain one feature of an incorporated business unit. [2]

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ii) How does the government of your country support start up enterprises? [2]
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 c) Define a joint venture. [2]
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d) i) Suggest reasons for the government support to start-up enterprises. [3]
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ii) Explain any two characteristics of a successful entrepreneur. [4]

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