Principles of Business Form 4

WEEK: June 8 to June 12

Topic: Management

1  (a) Define the term ‘management’.

    (b) State Two responsibilities of management to the following

            (i) Society

            (ii) Government

            (iii) Owners of business

    (c ) Identify Two major sources of conflict in an organization

    (d) Describe Two strategies for resolving conflict within an organization.

Principles of Business Form 4

POB   FORM 4                                    WEEK: June 1 to June 5

Submit to: carrington839@gmail.com

Answer all questions please

1.    Enterprise is a fancy word used in investment

a.     Define the term ‘enterprise’.

b.    Identify FOUR stakeholders of a business.

c.     Give ONE role of each stakeholder mentioned above.

2.    Outline TWO ways in which businesses contribute to the development of communities.

3.    Distinguish between a ‘cooperative’ and a ‘company’ and give ONE example of EACH.

Principles of Business Form 4

PRINCIPLES OF BUSINESS Form   4         WEEK: May 18-22

       

Submit answers to:  carrington839@gmail.com

1.    Questions on business

a.     Outline TWO functions of a business.

b.    State Two ways in which a ‘sole proprietorship’ is different from a ‘partnership’.

c.     Define the term ‘franchise’.

d.    Identify FOUR popular franchises.

e.     Discuss TWO advantages of operating a franchise.

2.    Questions on leadership styles

a.     State TWO characteristics of EACH of the following types of leadership styles:

                          i.                    Democratic

                        ii.                    Autocratic

b.    State THREE essential characteristics of a good leader.

c.     Discuss how the lack of TWO of the characteristics mentioned above may affect an organization.