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Homework Booklet
Formal Homework will be issued in the form of past paper questions, normally 2 pieces of
Homework per unit.
Due to not having any end of unit assessments, homework therefore takes the place of such
assessments in order for the teacher to build evidence on how pupils are performing, coping
and can aid the teacher in identifying gaps in knowledge.
Homework is a good preparation for the NAB Assessments and the final exam.
Command Words
Command
Definition
Word
Compare Identify similarities and differences between two or more factors
Describe Provide a thorough description
Examine closely taking account of strengths and weaknesses in
Discuss
an argument; offer reasons for and against
Distinguish Identify the differences between two or more factors
Give a detailed response (definition and explanation) as to
Explain
how/why something may benefit/hinder
Identify Give the name or identifying characteristics of something
Justify Give reasons to support suggestions, conclusions
Outline State the main features
Business in Contemporary Society
Homework 1
1 With particular reference to Scotland, explain the term 2
deindustrialisation.
the franchiser
the franchisee
5 Compare the objectives for a public limited company with those for 3
a charity.
TOTAL 25
Homework 2
1 Additional finance may be necessary to launch a new product. 4
Identify 2 suitable sources of finance. Justify your choices.
TOTAL 25
Business Information and ICT
Homework
1 Carrying out market research does not necessarily guarantee 6
success in the market.
TOTAL 25
Decision Making
Homework
1 Identify a strategic objective of a bank and describe 2 tactical 3
decisions which could be made by the managers of the bank to
achieve the objective.
2 What is the role of the manager in a high street retailer? How does 6
this role contribute to the overall success of the business? 10
marks)
TOTAL 25
Internal Organisation
Homework
1 An organisation may choose to organise its activities by function. 9
Describe other organisational forms which may be used, making
references to the type of organisation for which each may be
appropriate.
2 The larger burger chains have branches in most of our large towns. 8
They operate within a centralised organisational structure. Describe
the features of:
3 A major high street retailer (Marks and Spencer) may decide to de- 8
layer. What does this mean and what effects on the organisation
does de-layering have?
TOTAL 25
Marketing
Homework 1
1 At Christmas time, toy manufactures often face the problem of not 8
being able to obtain stocks of the most popular toys ( eg.
PlayStation 2). Toy manufacturers produce updated versions in
order to extend their product life cycle. Identify and describe 4
other means of extending the life of a new product.
TOTAL 25
Homework 2
1 Discuss how the Scottish Tourist Board could make use of the 9
Internet to ‘market’ Scotland?
2 Many companies selling branded goods (eg Levi and Pepsi-Cola) 4
are moving into new markets such as China.
Face-to-face interviews
Postal survey
Focus group.
TOTAL 25
Operations
Homework 1
1 Describe the factors influencing a purchasing manager’s choice of 10
suitable suppliers of materials and services.
4 Discuss the factors which must be taken into account when setting 3
a stock reorder level.
TOTAL 25
Homework 2
1 The British Standards Institute (BSI) Kitemark is an indication of 2
product quality
4
Name 2 other quality standards.
4 Zara, a Spanish fashion store, keep their stock levels low and restock every 4
2-3 weeks.
Describe what is meant by the term “just in time stock control” and 5
explain its advantages.
TOTAL 25
Finance
Homework 1
1 (a) Identify the parts of a cash flow forecast (cash budget) 4
liquidity 4
profitability
efficiency.
TOTAL 25
Homework 2
1 Identify the problems with accounting information which might 4
hinder decision making.
6 Identify 2 liquidity ratios, give the formula for each and explain the 6
ways that they might be used.
TOTAL 25
Human Resources
Homework 1
1 Describe the changing patterns of employment that have 4
occurred in the UK during the past 20 years.
TOTAL 25
Homework 2
1 Launching a new product or service may require the organisation’s 5
existing staff to
5
undergo training.
(ii) How does this type of training differ from an induction training
programme?
(ii) ACAS
TOTAL 25