QP A Business

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GEM INTERNATIONAL SCHOOL

1st CYCLE TEST AUGUST 2016


Grade: A level/ Commerce
Roll No:

Marks: 25
BUSINESS STUDIES

Duration: 1 hour

1.What do you understand by the term technological change?

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2. Give three examples of how laws in your country protect the interests of consumers.

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GIS Kannur/Cycle test-1@2016/A level commerce/ Business

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3. Explain the difference between fiscal policy and monetary policy.

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4. KG Manufacturing (KGM) produces components for the car industry. It employs 5,000
workers. Some of the work involves using dangerous materials and some of these tasks
could be automated. KGM factories produce waste and other pollution. There is a
shortage of young, skilled workers in the country KGM operates in.
(a) Examine two benefits that KGM might experience if it clearly fulfilled all of its legal obligations to its
workers.

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(b) Explain how KGM could be affected by a period of high unemployment in country X.

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(c) List out and explain the qualities of a successful enterpreneur?

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5. Coco cola started their manufacturing units in India. Analyse the advantages that the country like
India would gain from multinational company.

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GIS Kannur/Cycle test-1@2016/A level commerce/ Business

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6. Explain the business life cycle. Discuss the strategy that can adopt company like Nokia to regain and
revive their product from decline stage.

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GIS Kannur/Cycle test-1@2016/A level commerce/ Business

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