Gaytri Talwar

Features of a sole trader   Main sections of Business Plan     Induction Training    Margin of safety     Batch Production    Job Production   ROCC   Break Even     Private Sector      Secondary sector      Profit       Flow Production   Recession Consumers and Recession  Government support in a recession      Shareholders' Funds   Examples of Current assets     Reasons why a business might have creditors.   Internal Communication       

    Ch 6 Motivating   1. Nigella is a Human Resources manager of a chain of fast food restaurants. She is planning to recruit a manager of a new restaurant soon to be opened. A job description has been prepared and a job advertisement written. OCT/NOV 2010 V3 Q a. What is meant by a ‘Human Resources manager’? .................................................................................................................................. .................................................................................................................................. .................................................................................................................................. ............................................................................................................................ [2] d. Identify and explain three functions of management in a fast food restaurant. Function 1: ...............................................................

CIE IGCSE Topical Past Paper 2 1.4 Production possibility curve (PPC) diagrams      0455/22/O/N/24 In 2021, the production point on the UK’s production possibility curve (PPC) changed. Average wages increased. The average annual wage of a waiter was $23,580 while that of a chief executive of a large commercial bank was $1,617,000. A rise in wages enables people to eat in restaurants more often. Some of the food sold in UK restaurants is imported. In 2021, the UK government signed free trade agreements, removing import restrictions, with a number of countries. (a) Identify two places where a production point could be located on a PPC diagram. [2] (b) Explain two reasons why someone may switch from eating in one restaurant to eating in another restaurant. [4] 0455/22/O/N/23  In 2020, Singapore experienced a decrease in both its population size and its labour force. 2020 wa...

CIE IGCSE Topical Past Paper 2 1.3 Opportunity cost      0455/22/M/J/23 In 2019, China’s economic growth rate was 6.1% and Chinese households increased their spending. More Chinese people attended sports events and the earnings of top sportspeople increased. China exported more despite a rise in tariffs on some of its products. For example, the US imposed higher tariffs on the imports of Chinese tea and coffee. a) Identify the opportunity cost of households spending their income and the opportunity cost of Chinese firms exporting goods and services. [2] 0455/23/O/N/22  Washington State is the state which grows the most apples in the US. In 2019, apple production increased in Washington State but the market was in disequilibrium. Apple farming is a labour intensive industry because apples are picked by hand. The market for apples in the US is competitive.  c) Explain opportun...

CIE IGCSE Topical Past Paper 2 1.2 The factors of production   0455/22/F/M/25  Estonia’s factor of production are employed in a range of industries including education. In 2022, the country experienced a shortage of teachers. The government increases teachers’ wages to attract workers from other industries. Two of Estonia’s other industries are building and clothing. Estonia’s clothing industry has firms of different sizes. Estonia’s firms were affected in 2022 by the government increasing the money supply. a) Define factor of production. [2]  0455/22/O/N/23  Botswana uses both capital goods and labour in its diamond mining industry. The country had an average economic growth rate of 3.8% between 2015 and 2019 compared to a global average of 2.8%. Over this period, the country experienced a low inflation rate and a move away from protectionism ...