Business 2024 · May/June · Paper 12

Define the term job description.

Explain one benefit to a business of internal recruitment.

Define the term job production.

Explain one benefit to a business of capital intensive operations.

Analyse one reason why product differentiation may be important to a business. [5] Section B Answer one question only. EITHER

Analyse two limitations to a business of using contribution costing.

Evaluate whether working capital is the most important source of finance for a start-up furniture manufacturer.

Analyse two benefits to a business of low labour turnover.

'Work-life balance is the most important human resource management (HRM) factor for employee welfare in a local bus service.' Evaluate this view. [12] Permission to reproduce items where third-party owned material protected by copyright is included has been sought and cleared where possible. Every reasonable effort has been made by the publisher (UCLES) to trace copyright holders, but if any items requiring clearance have unwittingly been included, the publisher will be pleased to make amends at the earliest possible opportunity. To avoid the issue of disclosure of answer-related information to candidates, all copyright acknowledgements are reproduced online in the Cambridge Assessment International Education Copyright Acknowledgements Booklet. This is produced for each series of examinations and is freely available to download at www.cambridgeinternational.org after the live examination series. Local Examinations Syndicate (UCLES), which is a department of the University of Cambridge.