Business Management

1.(a) Describe the selection methods used to appoint new employees.

(b) Explain the benefits of using information technology to deliver staff training.

(c) Describe one theory of motivation used by managers.

2.(a) Describe the reasons a profitable organisation may experience cashflow problems.

(b) Discuss the advantages and disadvantages of using ratio analysis.

3.(a) Describe the production methods an organisation could use.

(b) Discuss the use of a just-in-time stock control system.

4.(a) Describe the benefits of maintaining a product portfolio.

(b) Compare the use of penetration pricing with skimming pricing.

(c) Describe into the pipeline promotions that an organisation could use.

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