Question 1
- List three business resources available to an entrepreneur.
- From the under-listed positions of Titus Limited, draw an organizational chart to reflect the company’s line of communication.
- Accounts Clerk;
- Finance manager;
- Human Resources Manager;
- Production Manager;
- Marketing Manager;
- Purchasing Manager;
- Sales Representative;
- Accounts Office;
- Stores Assistants;
- General Manager;
- Board of directors;
- General Managers Personal Secretary;
- Trading Officers;
- Cashier;
- Factory workers;
- Production Supervisors.
Observation
Most of the candidates who attempted this question performed well in part (a) of the question. However, they were able to prepare the organizational chart using the provided information.
The expected responses to the question include:
(a) Business resources available to an entrepreneur
- Materials/stock
- Machines/machinery
- Man/manpower/labour/human resources
- Money/capital
- Opportunities/goodwill
