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Revision Term-3 Business

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19 views2 pages

Revision Term-3 Business

Uploaded by

ItzIbz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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REVISION TERM-3 BUSINESS-YEAR-10

1. Exchange rate calculations


2. Effect of currency appreciation and depreciation on businesses.
3. Effect of change (increase or decrease in interest rate) on businesses.
4. Explain the benefits of minimum wages to a business.
5. Explain the various laws set by the government for the businesses and reasons why
the business should follow these laws.
6. 3 ways to measure success of a business.
7. Reasons why a business would fail.
8. Explain why effective communication is important.
9. Problems caused by ineffective communication.
10. Barriers to effective communication
11. Differentiate between internal and external communication.
12. Ways to overcome the barriers of communication.
13. Define Job description, person specification and CV.
14. What is the purpose of job description and person specification?
15. Why is shortlisting and interview important to a business.
16. Explain the advantages and disadvantages of having:
a) Part time employees
b) Full time employees
c) Casual employees
d) Seasonal employees
17. Define and explain the advantages and disadvantages of:
External and Internal recruitment
Centralized and decentralized organization structure
18. Methods of External and Internal recruitment
19. Differentiate between redundancy and dismissal.
20. Benefits and limitations of training
21. Define and explain the advantages and disadvantages of:
Induction training, on-the-job and off-the job training
22. Importance of motivation in workplace
23. Theories of motivation (read)
24. Explain the various financial and non-financial methods of motivation a business
may offer to its employees.
25. Fringe benefits-definition, advantages, and disadvantages.
26. Define and explain the advantages and disadvantages of:
Retained profits
Personal savings
Sale of assets
Bank loan
Borrowing from family and friends
Venture capital
Crowd funding
27. Definition and use of cash flow forecast
28. Define cash inflow, cash outflow with examples.
29. Calculate Net cash flow and closing balance of cash (know how to calculate)
30. Define breakeven point.
31. When can the break even point shift to the right or left?
32. Uses and limitations of breakeven analysis.
33. Know how to calculate the break even point
34. Define the following
Fixed cost with examples
Variable cost with examples
Total cost
Average cost
Total revenue
Average revenue
Profit
Profit per unit

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