CAIE 7115 Business Studies Paper 2 — May/June 2021 Question Paper

The real May/June 2021 Paper 2 (Case Study) question paper for CAIE 7115 Business Studies (7115_s21_qp_22).

8 questions, 80 marks total.

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Question 1a8 marks
Explain two advantages and two disadvantages of setting up a business as a private limited company.
Question 1b12 marks
Consider the following three factors that affect the location of TT's shop. Which of the locations in Appendix 1 should Tandeep choose? Justify your answer. Customers in the area • Rent • Types of shops nearby •
Question 2a8 marks
Explain one likely advantage and one likely disadvantage for Tandeep if he decides to import the pushchairs (strollers) he sells.
Question 2b12 marks
Refer to Appendix 2 and other information. Consider the advantages and disadvantages of TT purchasing toy cars either from a wholesaler or manufacturer. Which channel of distribution should TT choose? Justify your answer.
Question 3a8 marks
Explain two reasons why the cash-flow forecast in Appendix 3 is important to TT.
Question 3b12 marks
Consider how a job description, job specification and the shortlist of candidates will be helpful in the recruitment process for TT. Which is the most important stage to ensure Tandeep recruits the best person to be a manager at TT? Justify your answer.
Question 4a8 marks
Explain four reasons why the level of inventory is important to TT.
Question 4b12 marks
Consider how the following three legal controls will affect TT. Which legal control will have the greatest effect on TT? Justify your answer. No misleading promotion • All goods must be safe for the consumer • Restrictions on the type of packaging allowed •

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Question 1a8 marks