A-AS Level (CIE) Business Studies Paper-2: Specimen Questions with Answers 22 - 23 of 52

Get unlimited access to the best preparation resource for NSO-Level-2 : get questions, notes, tests, video lectures and more- for all subjects of NSO-Level-2.

Passage

Case Study- 2

CAP Markets, a steadily growing chain of some 50 neighborhood supermarkets in Germany. Other examples are the St. Mary՚s Place Hotel in Edinburgh and the Hotel Tritone in Trieste. Social franchising also refers to a technique used by governments and aid donors to provide essential clinical health services in the developing world. Event franchising is the duplication of public events in other geographical areas, while retaining the original brand (logo) , mission, concept, and format of the event. As in classic franchising, event franchising is built on precisely copying successful events. Good example of event franchising is the World Economic Forum, or just Davos forum which has regional event franchisees in China, Latin America etc. Likewise, the alter-globalist World Social Forum has launched many national events. When the Music Stops is an example of an events franchise in the UK, in this case, running speed dating and singles events in short strong of time all these three companies have expanded their base and covered every corner of India. The biggest highlight of these companies is that despite being big players in the market they still provide small business franchise opportunities to the people. Apart from these three other entrepreneurs too offer attractive and alluring small business franchise opportunities.

Question 22 (5 of 6 Based on Passage)

Edit

Describe in Detail

Essay▾

A business has lot of responsibility to the community around its location and to the society at large. What does these responsibilities include?

Explanation

A business has a lot of responsibility to the community around its location and to the society at large. These responsibilities include: environmental pollution and to preserve the ecologic environment.

  • Taking appropriate steps to prevent balance.
  • Rehabilitating the population displaced by the operation of the business, if any
  • Assisting in the overall development of the locality.
  • Taking steps to conserve scarce resources and developing alternatives, wherever possible
  • Improving the efficiency of the business operation.
  • Contributing to research and development.
  • Development of backward areas
  • Promotion of acclimatization and small-scale industries.

Question 23 (6 of 6 Based on Passage)

Edit

Write in Short

Short Answer▾

The example of four companies – company A, company B, company C, company D, that form the entire industry. During FY18, company A, company B, company C, and company D clocked total sales of $ 55 million, $ 75 million, $ 35 million, and $ 45 million respectively. Calculate the market share of company B based on the available information.

Explanation

Market Share of Company B

Total Sales of the Market is calculated using the formula given below:

Market Share is calculated using the formula given below:

Therefore, the market share of company B was during .

🎯 Select Paper 📂

🚀 Consider Exploring

Developed by: