GCSE BUSINESS Paper 1 Influences of operations and HRM on business activity. Questions And Answers

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Identify which of the following is a characteristic of a tall organisational structure. [1 mark] A Junior employees make more decisions. B There are few employees. C There are many levels of the h... ierarchy. D There will be a short chain of command. 0 1 . 2 Which of the following describes a situation when a profit must be made? [1 mark] A Revenue is equal to total costs. B Revenue is higher than fixed costs. C Total costs are higher than revenue. D Total costs are lower than revenue. 3 *03* Turn over ► IB/G/Jun20/8132/1 Do not write outside the box 0 1 . 3 Which of the following is an explanation of opportunity cost? [1 mark] A Identifying business opportunities and bringing together resources to meet them B Seeing a problem with the way things are done and thinking of a better way of doing it C Seeing a gap in the market and calculating the cost of entering the market D The cost of making one choice concerning the use of limited resources at the expense of an alternative choice 0 1 . 4 Which of the following would be correct if a business decreases its span of control? [1 mark] A The junior employees would have more independence and make more decisions. B There will be a passing down of authority to more junior employees. C There are less levels of hierarchy in a business’s organisational structure. D There would be a smaller number of people for whom a manager is directly responsible. 0 1 . 5 Which of the following describes the process of collecting and interpreting information about a particular job? [1 mark] A Curriculum Vitae B Job advert C Job analysis D Person specification... [Show More]

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