2009unitcapemanagementofbusinesspaper1 Pastpaper 140114223600 Phpapp01

7/26/2019 2009unitcapemanagementofbusinesspaper1 Pastpaper 140114223600 Phpapp01

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nit

f

Paper

I .f

.rne

ZOOS

*:l

6.

I

rl

I

I

'fhe

nrission

statement

of

an organization

IIEST

dcfines

thc

organization's

(A)

tactrcal ohjectrres

(B)

srrategicob_ir:ctives

{C)

ogxrationalobje'r.:tives

(

D) specifrc and

quantifiable

objectives

Which

ol'the

f6lllrra'ing

is

LtrASl

likely to

contribute

to

u'cononries

of

scale'?

(A

)

Finance

iRi

\larkcting

(Ci

Tcchnology

(D)

Compctition

ln

,rvhich

of

thc follorving levels

ofprodr-rction

r"'or.rld

bottling

*

ater tall-1

(A)

Prirnary

(ts)

l.cniary

((:)

Sccondary

(D)

Subsistencc

A

N4AJOII disadvantage

of

multi-national

llrrporations

to thc

hosl

countn is

(A)

irrcrcascd

taxation

(B)

irtcrease irl

imporls

i(')

repatriation

of

J:rofits

(l))

in(:rc.rsedprodr-rclioncosts

Whrch

of'thc

lirllowing is N()T

a criterton

used

to measure the

grov"th

and

size

of

a

iinrr'.)

(A) Orrtput

(lJ)

Labour force

t(:I

lvlarket

share

(

D)

Salary increase

The terrn

limitcti liability

in

busincss

rneans

that shareholders

{n

)

do

not tlisclosc

inforlratir:n

to

outsiders

have

limited confol

of management

of

the

brrsiness

are

liable

forall

dcbts

incurred

by

the

(B)

(c)

business

(D) are

not

liable

for

the

rlcbts

t-rf the

cr)r-npany

beyond

rhc valuc oltheir

sharcs

7. A finn

practises

ethical

behaviour

rvhen

rt

3.

(A)

(fl)

(c)

(I))

(A)

iB)

(c)

(D)

(A)

(B)

(c)

{lr)

dclays

Jraying

its suppltcr

in

orrlcr

to

irnprove

its

liquidiry

positron

places

more

emphasis

on

strcial

responsibil

ities over

pro fi

ts

recalls

a s;recitic batch

ot

proclucts

because

ol'flarvs

in ir ILs'

pays

large

salaries

to

its

cxecutives

tluring

a redundancv

exercise

prtrvide

ernplolrnenl

obtar

n nc\a,

technr:logv

tulfil

srrcial

responsibility

redr-rce

overall

operating

costs

prot'it

maximization

econornicti

of

scale

e{.:onomic

rvellness

good x,ill

of

thc

firm

L

I'irms

ber:orne

multinationals MATNLY

to

/

C'l

1

a

9.

The

benelits

u'hich many large

lirrns

enjoy

ovcr

strallcr firms

arc ref'errcd

to

as



906-4493

,

968-8427

t3

0.

Which

of

the

tbllowrng

are

bene

fits

of

globalization

to

the host

country?

i.

tl.

III,

IV,

Increased enrployrttent

Inrpnrventents

in

balance

oi' trade

Improvements

in

balancc o{'

paymcnts

lncrease

in

consumers'

choices

ctl

gouls

(Ai

I

only

(B)

ll

and lll

only

(C)

II. III

aud

lV

only

(D) l,lt.lll

and

lV

I'hc

-()n-(

ola' soli cirink

company

has

bccn

ablc'to

linanctr ncrv

prrrduct tlcve:lopmcnt.

In

rvhich

ofthe

follog.ing

departnrcnts

has

the

compan).

bcncti

tcd

fiorn

cconorn

i c's

o

t sca

Ie'.)

(A)

l:inance

(B)

i\{arketing

(C)

Purchasing

(D) Rcscarch

and

l)evcloplncnt

'lhc

introduction

of

thc USN,IL

has

providcd

numcrous

opportunitics

to

(.laribbcan

Icrlitoncs

including

I.

II.

ru.

lv.

(A)

(B)

(cl

)

(D)

rcpaylrcnt

of

tbrcign

debt

removal of

trade barriers

iiee

movement of

iabr-rur

liee

rnovement

o1' capital

I

and II only

I

and IV

only

l,

ll

and

lll

only

I, II III

and

lV

Caribbean countries

are

plagued

with

the

problenr

ofskilled

persons

leaving

their

shores.

\\ftich

oi'thc lollou'ing BEST

iilustratcs

a

benelit

ol'this'brain

drain' to the Caribbean?

(A)

(Bi

(()

(D)

A reducrion

in

imports

A retluction

in

training

cost

A

positive

elltct

on the balance ol'

par.Tnents

An

increase

in

tradc

among

neigltbounng

le rri

tories

14

BKF

I'ashitxs Ltd

rvishes

to

increase its

sales

ancl

markel

share.

lt

decides

to

underLake u

ne* nrarketing

campaign.

The

dcc:rsirrn

trcc

bclow

shou.s

the t$() options

availablc

lo

(he

compan),.

t2

Whar

is

lhc

probabilitv

of succcss

for

(

arnpaign

I)'l

(/\

)

0.1

(B)

0.2

(c)

0.4

(D)

0.6



;ffi:

906-4493,

968-842'l

l9

5

2t)

6

The

manager

ol'Promotions

Plus' believes

in

using all

the time available

to

enhance

productions

wrthin

the organization. .4s

a

result hs

tries

to rcach intermcdiate

settlcments

on

cr]mpler

issues

rvithin

the

shortcst

prrtsible

time.

\trr'trich

of

the fbllorving

stra:egics is he rising to manage

conflict r+ithin

the

crrganization?

{A)

Smoothilg

(

Bl

C'ornprornise

(C)

Collaboraiiorl

(

l))

Conliontation

A

shop stcward is

an

ol'tfcial

nrsnrber

of

(A)

a trade

union

(B)

a credit

unir:n

(C')

ancrrkers'council

(D)

an

ernpl<l5crs'

associaLirrn

The N{AI5l

objectives nf

conrinrrorrs

stafl

appraisal

are tcr

[.

irnpnrl'e efllciencv

IL

identityu-ainrngneds

III.

identi$

areas of u'eakr,ess

IV.

anrive

at

u,agc

paytnent

rales

(A)

.

il and

lV

ot.tly

(ts)

l. Il

and

IV

onlv

(C)

l.

lll and

IV onl-v

(

I )) tI,

ITI

and

IV

orrlv

Which

of the

tbllo*'ing

is a

non-financial

rerr,,ard?

(A)

(iain

sharing

(D)

Job

enriclunent

(C')

I-r.rnrp-sumtrelnus

(

t)

)

Ilnrployees

stock

orvnership

plan.

One fcature

cll thc

patemalistic

lcadership

style

is

that

(A)

(B)

(ct)

(D)

l-h*

IVIAIN

puqxrse

ol

is

o show

the

marlagers

do

wlrat lhcy

thrnk

is

bcst

for

the

workers

rvorkers

are

only

given

lim

itcd

intbrmation

ahout

tlre

trusinc-ss

workers are given in[irrmation

abtiut

the business

to

allow

ftrll

sta{T

involvemcnt

managers

ds:legate vrrtual

l-v.,

al

authority

and

decision

nraking

po\\,efs

a.n 0rgalliratir)Ir:rl

c.hart

{A)

(B)

krcrticrn clf

irs

dcpartrneilts

typc of

r,r,ork

to

be carried

out

b;'

E.lton

Ma.vo

Max

Weber

Frctlerick

Taylor

Dorrglas Mc(iregor

Employees

are ernpo*,ered to

make

decisions,

Decisicu-nrakirrg lies

rvithin

thc

upJrr

levels

of

tlre orgalization.

Aritor:on:f

is

given

to

rhose

at

the

lorvcr levels.

Managers

clulcgatc

tasks to

the

pcriphery..

t7

cmployecs

(C')

order in

rvhich the work

should

be

can'icd orrt

(D)

lincs

of authority

and levels

o1"

hicrarchv in an organization

Which

of

the

lbllou,ing

theorists

is

kn.rrvll

as

thc

'F:lther

ol Scientific

Managernent'?

2l

'.,

(r\)

(B)

tc)

{D)

l8

Which

of

the

follorving

stat.emcnts

Bf:ST

describcs

a teature ol-

ccntralized

organization?

(A)

(B)

(c)

(D)



AlAa

"'JFfl;

^RIBBEANNTERNANONAL

COI.EGE

906-4493,

96A-a42?

23

t&?rich

ofthe

lirllou,ing

is

L[iAST likely

to be

the

objectives

of

an

apprajsl

systsm?

(A)

'lb

encourage

and suppon

planned

char:ges

withing

the

titm

(B

) To consider

the

der.eiopment

of.rhc

individual's

career

((:)

To recognise

the

tuturc

needs

of'the

indrr"idual

(t))

Io

identity

errployees

in

rhe

organization

who

have potentiai

for

advancenrcnt

When

entplol.ees

are

allovvcd

to

develop

and

carry

our

plans

rvitJr

high

levcls

of

cflirn-

rhcv

are applying

Fayol's

principlc

ol'

i

A

)

initiatir.c

{R) aurhoriry

(C)

discitrrline

(

D

)

unity

of

dircction

Which

of

rVlaslow,'s

hierarchl.of

neerls

would

an organization

be

satistying

if ir provides

its

rvorkers

u'ith

pension

plaoslt

{A)

(B)

{C)

{D)

Social

Securitr'

Self-esteem

Phr,siologicll

27.

Ernployces

in

Company

.A,are

told

to come

to

work

and

jirllorv

the

inlitructions

that

ars

given.

Which

leadership

style

is

being

practised?

(A)

Directive

(

tsi

Parcrnalisric

(C)

Laissez-Faire

(D)

Consritutional

.{l

',vhich

level

ol l\iaslow's

hicrarchv

of

needs

would

'open

and

honest

c()mmuni.itinn

among

cmployees'

be

applic.ablel)

/

(A)

.

Strcral

(

B.)

Sat-ety-

(C)

Esteem

(Dl

Self-actualization

lhc

'systern

approach'

applres

tsEST

to

nlanagenent

because

it

(A)

cncouragcs

all

the

othcr

theories

of

managem-ent

(ts)

places

ernphasis

on

tlrtr

classic:al

approach

iC'1

(D)

eurphasizes

the

humanistic

approach

sccs management

is

a

r:oniinuorrs

flovr

bet',r'ecn

tunctrons

or

depafirnents

A

head

rtttice

rvanG

the

local

buildins

srrcieties

to

clrange

nrongage

interest rates.

-Which

of

tl

rc

lirlh twinc

cortrmun

ical.ion

ne{w

orks wrrultl

be

ll{05-l

suitable

tbr

senrJing

rhis

type

ol-

rresslge?

(

,\,

Reporr

(

ts)

Ielcphone

(('

)

Notice

board

(

I)

)

lVlcrrrrlrandum

28

1

il

ri

21

29

25.

26

Which

ol-

tlre

tirlkrr+.ing

t\,|()S1'

suitable fbr

an

llexiblc

pcrson?

(4,

r\utocratic

(B)

Dcmocratic

(C)

I)atcrnalistic

(

D)

Constitutional

lcadcrship

swles

ls

experienced

and

30



T

j

6A

-&se'l%-,*

;6;%;:l^fitff;=,

i

'l

3t.

Which

of

tbe

following

B€ST

defines

a

debenture?

(A)

.A

bank

loan

'*.ith

a

frxed rnterest

rate

(

B)

A

long-teml

loan rvith

a

l-xed

interest

(c)

rate

A

long-term

loan

u,itlr

a

variable

interest

rate

(D)

A

shon-term

loan

with

pri.ncipal pard

at

maturit_v

dale

Working

capital

is

oftcn

dcscribed

as

the

.life

blood

of

a

busincss'. Which

of

thc

l'ollorving

options

BL.S'I'

describcs proper rnanagemetrt

ofworking

capital?

(A)

Increased

stock

lcvrrl

(ts)

lmproved

cash

[low, forecasts

(C)

Increased

credrt

to

purchosers

(D)

Impror.ed

research

and

developmcnt

A

type

ol'external

finance w,hich

ol'lers

flexibitity

and the

ab'ility

to

access

tuncls

.over

and

abovc'

bank

balances

is krrorvn

as

(A)

lcasrng

(R)

overdratt

(C)

rrade

credit

(D)

standing

order

Proiitablc

firrns

have

cashllow

problcms

bccause

(.A)

outstanding accorutts

rcccivables

are

(ts)

(c)

(ll)

trxrhigh

pavments

to

delayed

discourrts

are

pu_\ment

shareholders

divrdends

trade

suppliers

are

given

for pr()mp(

demand

proposed

35.

32

Which

of

the

tbllorving

are

used

to

finance

a

businessl]

I.

lssuin-g

shares

IT.

Bank overdraft

III.

Retained profits

lV.

Sale and

leaseback

intemal

sources

(A)

(B)

(c)

(D)

I

and

III only

I and lV

only

III

and

IV

only

I,

III and

.IV

only

An

example

of

an

brangible

asset is

(,A

)

cash

(

rl

)

debtors

((l) gtxxl$ill

(

D)

mr>tor

vehicle

'l

he 1'l IRLI

main

components

of

a

cash llow

slitlcment

ilre

(r\)

oJrcratirrg

activitics.

invcsting

ac

t i

r'

i

tics,

f-unds

tlow.

(tJ)

()l)L:ratrng

activities.

financing

ucrir,i

ties.

issuing

shares

(

(-

)

rssuitrg

sharcs.

tunds t'l<rw.,

Iinanr-inEr

uclr vrtics

(l))

opurutln :

activrties,

invcsting

tct rvities,

linancing

activitics

36

31

3f,

:14



906-4493

,

968-8427

6

ltcm

38 ret'ers

to

rhc

graph

illustrates

the

net

present

investmcnt

proiecr-

Which

of the follou

ing

accourrting

conccpts

includes

an

unpard

bill

in the

profit

and

loss

acc0unt'-)

below

rvhich

values

of an

.10

4t

e

7-

20 000

r0

000

5

00{}

(s

o00)

Oiscount

Rate

{?ir)

The

disc{)unt

ratc :rt

rvhich

the

I.R.R,

occurs

ls

(A)

5

o/o

(Bi

lo

0.6

((r)

l5'.'.r

(D)

t7

e4

Edu

ard

,lorres

decirled

to

slart

a

sole

proprietoruhip

in autourobilc

r.cpairs.

ln ordur

fo

be

cornpctitivc

hc

$

ill

har,c

to

invcst

in thc

nlust

currerlt

teclrnologlr.

Which

of

the

lirllon.inu

rs rhe lv1(

)S

l nppr()prtat€

\rlrlrce

(rl'

flnance

lbr

Edward?

(A)

Accrual

(B)

Prudcnce

/

i(:)

llouble

enly

aD)

(ioing

conccm

Rock

Sreel

(,ornpany

is a

snrall pri\,are

conlpanv

trying

to

s()urcc

long_term

investmerrt

f-unds

ro

tinencc

operattons.

\A:hich

ot-rhe follox'ing

rKruld

bc rhe

IIHST

source

of

funding?

(A)

Sharc

issr-tc

(B) ()lvner

financc

tC)

Bank

overdrai

(

D)

Venture capiral

Philbcn

}{ardu arc

is

finding

ir

diftictrh

to

nlcct

their

slrort-terrn

pa 'nlcnts-

Thc

firrt

can

nralrRge

rhis

situarron

by r.rrilizrng

all

of tlre

lirllow

ing

tochniqucs

g.XCLp'I-

(A)

increasingdebtordays

(

B

)

irrcrea-sirrg

credit ptrrchases

(C)

selling

tnore

on

a

cash

basis

(

D

)

entsring

ovcrdralt

ararrgcments

rvith

tranks

ltr-rn

'llrclcrs

lo

thc

fbll(ru'ig

tablc

rvhich

sholvS

an

cxrr-acrt

liol)r

thu

bcrols

of

pB's

Ltcl.

Ncl

infl

crrr

tionr

operation

Ta.ration

paid

sl2

000

Pavment

of {-r-red

asset

Share

issue

The

closing

cash

balancc

is

(A)

$

2

00()

tB)

$

26 000

(cr)

$

2t3

O0o

(D)

$

40 000

42

-18

39

{A)

(ll)

(c)

(D)

Bank

Ioan

Share issrrc

Dcbcntures

Rctaincd

eamings

{3



905-4493

,

968-8421

44.

A

motor

vehicle

with

a cost

price

of

$20

000

and a

scrap

value

of

$4

000

will

be

used in

a

business

for 4 years.

What

is

the yearly

depreciation

of

the motor

vehicle

if the

straight-line

nrethod

is used?

Item

45

refers

to

the

follorviag

lable

which

shows

an

extract

tiom the

books

of

North

Star Co.

Ltd.

-

-

--l

$;

I

(A)

(B)

(c)

(D)

s4000

s4 s00

s.5

0{}0

s5

500

Sales

Opening

stock

furdrases

Closing

Stock

2,1

5U)

9

000

r5

000

I

700

45.

The

gross

profir

of North

Star

Co.

Ltd

is

(A)

$ 250

(B)

S

7

000

(c)

$

7

zsa

(D)

Sl2

500

$

Documents

2009unitcapemanagementofbusinesspaper1 Pastpaper 140114223600 Phpapp01