0450 Business Studies November 2024 Question paper 22

Explain two advantages and two disadvantages of BB being a public limited company. (a) 1 Advantage 1: Advantage 2: Disadvantage 1: Disadvantage 2: [8] , , Consider the advantages and disadvantages of the following three methods BB could use to motivate its production workers. Which method should BB use? Justify your answer. (b) • Piece rate • Teamworking • Job rotation Piece rate: Teamworking: Job rotation: Recommendation: [12] , ,

Explain two effects of BB having a short chain of command. (a) 2 Effect 1: Explanation: Effect 2: Explanation: [8] , , Consider the following three extension strategies BB could use for its best-selling product. Which strategy should BB use? Justify your answer. (b) • Adding new features • Start selling in toy shops • Television advertising campaign Adding new features: Start selling in toy shops: Television advertising campaign: Recommendation: [12] , ,

Explain one way each of the following stakeholder groups might be affected by a business becoming a multinational company. (a) 3 Effect on shareholders: Effect on employees: Effect on suppliers: Effect on the government: [8] , , Using Appendix 2 and other information, consider the two countries BB could choose to locate its first new factory. Which country should BB choose? Justify your answer. (b) Country A: Country B: Recommendation: [12] , ,

Explain two reasons why BB might want to sell its products in new markets in other countries. (a) 4 Reason 1: Explanation: Reason 2: Explanation: [8] , , Using Appendix 3 and other information, consider BB’s financial performance compared to its main competitor. Do you think BB’s financial performance is better than its competitor? Justify your answer using appropriate calculations. (b) Conclusion: [12] , ,