Ques 1.

Define the term “Business”. Explain the essential features and objectives of business.

Ques 2.

Differentiate between recruitment and selection. Explain the internal and external sources of recruitment along with their respective advantages and disadvantages.

Ques 3.

Differentiate between Sole Trader organisation and Partnership form of organisation.

Ques 4.

Important Characteristics of an Entrepreneur

Ques 5.

Span of Control

Ques 6.

Why is training of employees important? Describe two methods of conducting training.

Ques 7.

Describe the hierarchy of managers and their skill requirements.

Ques 8.

Explain the concept and process of delegation of authority.

Ques 9.

Explain the meaning and purpose of Articles of Association (AoA).

Ques 10.

Explain the importance and characteristics of planning.

Ques 11.

What are the main differences between autocratic, democratic and free rein leadership styles?