Identify and describe 2 pieces of legislation created to protect information

1. (a) Explain what an entrepreneur does.
(a) (i) List three possible advertising strategies that a company could use.
(ii) List one benefit of each advertising strategy mentioned in (i) above. (Each method must have a unique benefit mentioned.)
(c) Describe these terms.
• Information; data
(d) (i) Differentiate the ownership and financial characteristics of a solo proprietor and a local council.
(ii) Describe the second set of goals for a private sector organization.
(e) Describe why the following elements should be taken into account when selecting a supplier:
Price, Quality, Dependability, and Terms of Payment
(f) (i) List three accounting ratios that a company might employ.
Explain the ratios mentioned in (i) above.
2. (a) List and describe three production elements that are not an enterprise.
(a) Compare information from primary and secondary sources.
(c) Describe the four elements to consider when selecting a distribution channel.
Describe the benefits and drawbacks of batch production in (d) (i).
(ii) Describe to a company the issues with overstocking.
(e) (i) Name three people who use financial data.
(ii) Explain how each user mentioned in (i) might use financial information differently.

3. (a) (i) Identify and describe the first three stages of the hiring process before posting the job.
(ii) Outline the benefits of hiring:
Externally and inside.
(b) (i) List three ICT applications that a department of operations might utilize.
(ii) Describe various applications for each form of ICT mentioned in (i) that the Operations division might use.
Differentiate between a tall and a flat organizational structure in (c) (i).
(ii) Outline the benefits and drawbacks of switching to a flat structure.
(d) Describe each of an operating system’s three stages.
Input, Process, and Output.
4. (a) Name and describe two laws that safeguard information.
(a) Describe the following individuals’ roles:
• Labor unions
Workplace Councils
(c) Describe each of the following words with an example.
Relationships that are linear and lateral
(d) Outline the benefits and drawbacks of operating as a multinational organization.
(e) List three ways to compensate employees outside time rates.
(f) Differentiate between the terms listed below:
Fixed assets and current assets; gross profit and net profit
Creditors and Debtors

5. (a) (i) Describe what the word “employment contract” means.
(ii) List two items that might be included in an employment contract.
(iii) List the characteristics of the following:
Health and Safety at Work Act of 1974 and the Equality Act of 2010
(a) Describe the function of a manager in a company.
Identify two internal considerations an organisation should consider when making decisions in (c) (i).
(ii) Describe a result of every internal factor mentioned in (i) above.
(d) Describe what a cash budget is used for.
(e) Outline the benefits and drawbacks of automation in production for an organization.
(f) For each of the following marketing mix components, explain what an organization could do to boost sales:
• Place • Product

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