Bussiness administration Study guides, Class notes & Summaries

Test Item File / Test Bank For Administrative Procedures for the Canadian Office 11th Canadian Edition by Lauralee Kilgour, Edward Kilgour, Nelda Shelton. Isbn. 9780137727674. Administrative Procedures for the Canadian Office Test Bank / 11th Canadian Edition Test Bank / Administrative Procedures 11e Test Bank. Test Bank Administrative Procedures for the Canadian Office 11E Test Bank.

Section A Put a tick () in the box next to the one correct answer for each question. 1 Enterprise is: (a) a capital resource (b) a factor of production (c) a measure of profitability (d) a reward for taking risks [1] 2 What is an example of ‘below the line’ promotion? (a) A marketing campaign on television (b) A poster on a billboard (c) An advertisement in a local newspaper (d) An exhibition at a trade fair [1] 3 A merger between two soap manufacturers has led to poor communic...

2 © OCR 2023 H031/02 Jun23 McLaren Group Extract A – About McLaren Group 5 10 Source: Adapted from Extract B – McLaren Automotive’s medium-term aims 15 20 Source: Adapted from Extract C – McLaren’s road cars Vehicle sales Number of employees involved in production Sources: Vehicle sales taken from (accessed on 13/10/20) Employee numbers taken from McLaren Automotive’s medium-term aims up to 2025 are known as ‘Track25’. These include: • Launching 18 new r...

A public limited company has published the following information for the benefit of shareholders: • dividend per share = 3 pence • earnings per share = 8 pence • net profit = £1.3m Following the publication of this information, the company’s shares are trading on the stock market at a price of £1.20 per share. Calculate: (a) the dividend yield. Show your working. ......................................................................................................................

Old Dusty Books (ODB) is a small independent book retailer that has one shop and a growing online presence. ODB specialises in rare books and the owners are considering becoming one of Amazon’s many global suppliers. ODB uses a cost-plus approach to pricing with a 65% mark up. (a) Recently, ODB purchased a set of classic novels from a seller in India, paying 5665 Indian Rupees (INR) at an exchange rate of £1=INR103. One week later, ODB sold the same set of books to a buyer in the Uni...

2 © OCR 2023 SECTION A 1 A company makes wooden jigsaw puzzles. By law, the company must: A buy its wood from local suppliers B deliver the jigsaw puzzles in electric vans C replace any pieces that customers lose D use paint that is non-toxic and safe Your answer [1] 2 Which of the following is least likely to be a reason for a business to need finance? A To decrease the size of the workforce B To extend a marketing campaign C To increase the size of its factory D To reduce the am...

2 © OCR 2023 SECTION A 1 A plumbing firm is struggling to keep up with demand. What would help the business to succeed? A Asking regular customers with blocked toilets to ring back another day B Giving customers unrealistic appointment times C Ignoring customer complaints about delays in fixing water leaks D Planning all business activity and work schedules carefully Your answer [1] 2 What is a non‑financial method of motivation that a manufacturer of handmade wooden toys could use...

2 © OCR 2023 Section A Put a tick () in the box next to the one correct answer for each question. 1 A co-operative is owned by its: (a) competitors (b) external stakeholders (c) members (d) shareholders [1] 2 A company frequently changes the way its assets are valued in its published accounts. Which accounting convention has the company ignored? (a) Accruals (b) Consistency (c) Going concern (d) Prudence [1] 3 Canta Ltd makes drum kits. The company has fixed costs of £18000 pe...

2 Section A Answer all questions in this section. Only one answer per question is allowed. For each question completely fill in the circle alongside the appropriate answer. CORRECT METHOD WRONG METHODS If you want to change your answer you must cross out your original answer as shown. If you wish to return to an answer previously crossed out, ring the answer you now wish to select as shown. 0 1 A company decides to rely only on decision trees to decide whether to accept a project. If...

swer(s), use the lined pages at the end of this book. Write the question number against your answer(s). • Do all rough work in this answer book. Cross through any work you do not want to be marked. For Examiner’s Use Question Mark 1 2 3 4 5 6 7 8 TOTAL Information • The maximum mark for this paper is 80. • The marks for questions are shown in brackets. 2 Answer all questions. Read the source in the Insert. 0 1 Figure 1: Global balloon market values $227 million ...