Section A box
Answer all questions in the spaces provided.
For questions with four responses, only one answer per question is allowed.
For each question completely fill in the circle alongside the appropriate answer.
CORRECT METHOD WRONG METHODS
If you want to change your answer you must cross out your original answer as shown.
If you wish to return to an answer previously crossed out, ring the answer you now wish to select
as shown.
0 1 . 1 Which of the following is a benefit to an entrepreneur of operating as a sole trader?
[1 mark]
A Can sell shares
B Easy to set up
C Limited liability
D Many owners
0 1 . 2 Which of the following is a method of internal recruitment?
[1 mark]
A Advertising at a job centre
B Advertising in a newspaper
C Advertising on a noticeboard in the staffroom
D Advertising with an employment agency
3
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IB/M/Jun24/8132/1
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outside the
0 1 box . 3 Which of the following describes when induction training should take place?
[1 mark]
A When an employee first joins a business
B When an employee leaves a job
C When an employee needs to learn new skills
D When an employee starts using new technology
0 1 . 4 Which of the following is correct for a flat organisational structure?
[1 mark]
A Many levels of hierarchy
B Many opportunities for promotion
C Narrow span of control
D Short chain of command
0 1 . 5 Which of the following is the most likely effect of a decrease in interest rates?
[1 mark]
A Borrowing will be cheaper.
B Business investment will fall.
C Consumer spending will reduce.
D More people will save.