NOV 2019 – Page 8

CSME – Nov 2019 – L2 – Q6c – Ethics in Business

Discusses ethical non-consequentialism with a focus on duty and highlights problems associated with this ethical theory.

Question

Answer

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Tags: Deontological Ethics, Duty Ethics, Non-Consequentialism
Level: Level 2

Topic: Ethics in Business
Series: NOV 2019

CSME – Nov 2019 – L2 – Q6b – Ethics in Business

Discusses the differences between ethical subjectivism and situation ethics.

Question

b) Distinguish ethical subjectivism from situation ethics. (6 Marks)

Answer

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Tags: Business Ethics, Ethical Subjectivism, Situation Ethics
Level: Level 2

Topic: Ethics in Business
Series: NOV 2019

CSME – Nov 2019 – L2 – Q6a – Strategic Planning Process

Defines business strategy and highlights key questions that a five-year business strategy must answer.

Question

(a) Define “business strategy” and highlight EIGHT questions that a five-year business strategy must seek to answer. (5 Marks)

Answer

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Tags: Business Strategy, Organizational Growth, Strategic Planning
Level: Level 2

Topic: Strategic Planning Process
Series: NOV 2019

CSME – Nov 2019 – L2 – Q5b – Corporate Governance

Analyzes the alternative types of board structures and provides arguments for the most viable option.

Question

(b) Analyze the alternative types of board structure that a company might adopt and provide an argument in support of the one you consider to be more viable. (10 Marks)

Answer

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Tags: Board Structure, Corporate Governance, Two-Tier Board, Unitary Board
Level: Level 2

Topic: Corporate Governance
Series: NOV 2019

CSME – Nov 2019 – L2 – Q5a – Risk Management and Corporate Strategy

Outlines a presentation on the functions and determinants of the efficiency of a risk manager.

Question

(a) You are preparing for a job interview as a risk manager. This requires you to make a ten-minute presentation on the functions and determinants of the efficiency of a risk manager.

Required:
Present an outline of your 10-minute presentation. (10 Marks)

Answer

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Tags: Corporate Strategy, Risk Management, Risk Manager Efficiency
Level: Level 2

Topic: Risk Management, Risk Management and Corporate Strategy
Series: NOV 2019

CSME – Nov 2019 – L2 – Q4c – Corporate Social Responsibility (CSR)

Explores the concept of social ecology and its impact on corporate social responsibility.

Question

Answer

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Tags: Corporate Sustainability, Environmental Responsibility, Social Ecology
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

CSME – Nov 2019 – L2 – Q4b – Corporate Social Responsibility (CSR)

Explores the concept of carbon neutrality and its application to corporate operations.

Question

(b) Discuss the concept of carbon neutrality in relation to the operations of companies. (5 Marks)

Answer

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Tags: Carbon Neutrality, Corporate Sustainability, Environmental impact
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)

Discusses the environmental and social impacts created by organizations in their pursuit of economic wealth.

Question

a) In their quest to create economic wealth, business organizations leave environmental and social footprints.

Required:
Discuss environmental and social footprints of organizations. (10 Marks)

Answer

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Tags: Corporate Social Responsibility, Environmental Footprint, Social Impact
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

CSME – Nov 2019 – L2 – Q3b – Ethical Issues in Corporate Governance

Discusses the application of six principles of the Nolan Committee in public finance management.

Question

(b) The public sector is the driver of the economies of many developing nations. Public Finance Management has become a focus of attention in these economies. Development partners have therefore drawn the attention of governments to the Nolan Committee’s report on Standards in Public Life.

Required:
Discuss SIX of these principles for public office holders and show how they can enhance performance in the public sector. (6 Marks)

Answer

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Tags: Nolan Committee, Public Finance, Public sector governance
Level: Level 2

Topic: Ethical Issues in Corporate Governance
Series: NOV 2019

CSME – Nov 2019 – L2 – Q3a – Corporate Governance

Discusses basic concepts that are essential for good corporate governance and their relation to governance practices.

Question

(a) There are basic concepts that must be observed for good corporate governance in an entity.

Required:
Discuss these concepts and show how they relate to good corporate governance. (14 Marks)

Answer

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Tags: Accountability, Corporate Governance, Fairness, Transparency
Level: Level 2

Topic: Corporate Governance
Series: NOV 2019

SCS – Nov 2019 – L3 – Q1b – Competitive Advantage

Discuss the competitive advantage of Ghanalux in the tourism industry.

Question

i) Discuss what you consider to be the main competitive advantage of Ghanalux in its industry.
(5 marks)

ii) Discuss how a balanced scorecard approach to performance measurement might help Ghanalux to improve its profitability.
(3 marks)

iii) Recommend performance measures that might be used by Ghanalux if it adopts a balanced scorecard system.
(8 marks)

Answer

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Tags: Competitive Advantage, Ghanalux, Tourism
Level: Level 3

Topic: Competitive Advantage
Series: NOV 2019

: SCS – Nov 2019 – L3 – Q1a – Environment analysis

Analyze the competitive disadvantage of Ghana’s tourism industry using Porter’s Diamond model.

Question

i) Discuss the view that the tourism industry in Ghana might currently be at a disadvantage and under-developed compared to other countries.
Note: Use Porter’s Diamond to structure your answer.
(8 marks)

ii) Assess the two suggestions about expanding the business of Ghanalux outside Ghana and into conferencing, from the perspective that strategy should be suitable, feasible, and acceptable.
(6 marks)

Answer

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Tags: Competitive Advantage, Ghana, Porter’s Diamond, Tourism
Level: Level 3

Topic: Environment analysis
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q6d – Sale of Goods

Explanation of buyer's remedies for breach of contract terms by the seller.

Question

Under sale of goods law, the seller and buyer have obligations to each other.
Required:
Explain briefly THREE remedies available to a buyer for breach of contract terms by the seller. (6 Marks)

Answer

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Tags: Breach of Contract, Buyer remedies, Remedies, Sale of Goods
Level: Level 1

Topic: Sale of Goods
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q6c – Negotiable Instruments

Explanation of endorsement and negotiation of a bill of exchange.

Question

A Bill of Exchange is a type of negotiable instrument.
Required:
Explain briefly, the following:
i. Endorsement of a Bill; and
ii. Negotiation of a Bill.

Answer

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Tags: Bill of Exchange, Endorsement, Negotiable Instruments, Negotiation
Level: Level 1

Topic: Negotiable Instruments
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q6b – Hire Purchase and Consumer Credit Transactions

Explaining exceptions to the rule that hirers cannot pass good title under hire purchase contracts.

Question

Under hire purchase contract, the general rule is that the hirer cannot pass a good title in the goods to a third party.
Required:
Explain briefly TWO exceptions to this rule. (4 Marks)

Answer

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Tags: Consumer Credit, Exceptions, Hire Purchase, Transfer of Title
Level: Level 1

Topic: Hire Purchase and Consumer Credit Transactions
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q6a – Employment Law

Explanation of key duties an employee owes to their employer in an employment contract.

Question

Employment contract is a relationship between an employer and the employee.
Required:
Explain briefly THREE duties of an employee to his employer. (6 Marks)

Answer

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Tags: Employee duties, Employer-employee relationship, Employment Law
Level: Level 1

Topic: Employment law
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q5d – Law of Trusts

Identifying the duties of a personal representative in the administration of estates.

Question

In the administration of estates, personal representatives take charge of a deceased’s estate.
Required:
State SIX duties of a personal representative. (6 Marks)

Answer

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Tags: Deceased’s estate, Duties, Estate Administration, Personal Representative
Level: Level 1

Topic: Law of Trusts
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q5c – Alternative Dispute Resolution

Explaining arbitration and identifying two key advantages of the process.

Question

Disputes and differences between parties could be resolved or redressed through various means, including arbitration.
Required:
i. Explain briefly, the term “Arbitration”. (2 Marks)
ii. State TWO advantages of Arbitration. (2 Marks)

Answer

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Tags: Advantages, Alternative Dispute Resolution (ADR), Arbitration, Dispute Resolution
Level: Level 1

Topic: Alternative Dispute Resolution
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q5b – Law of Tort

Explanation of exceptions where a master is not liable for the torts of his servant.

Question

Under law of torts, a master may be liable for the torts of his servant.
Required:
Explain briefly THREE exceptions to the rule that a master may be held liable for his servant’s acts. (6 Marks)

Answer

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Tags: Employment Law, Exceptions, Tort Law, Vicarious Liability

Topic: Law of Tort
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q5a – Law Relating to Banking

Explanation of economic crime as defined by the EFCC Act.

Question

The Economic and Financial Crimes Commission (EFCC) Act relates to activities that are offenses:
Required:
i. Explain briefly “Economic Crime” as contained in the EFCC Act.

ii State TWO examples of economic crime. (2 Marks)

Answer

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Tags: Economic Crime, EFCC Act, Financial Crimes
Level: Level 1

Topic: Law Relating to Banking
Series: NOV 2019

Series: NOV 2019

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CSME – Nov 2019 – L2 – Q6c – Ethics in Business

Discusses ethical non-consequentialism with a focus on duty and highlights problems associated with this ethical theory.

You're reporting an error for "CSME – Nov 2019 – L2 – Q6c – Ethics in Business"

CSME – Nov 2019 – L2 – Q6b – Ethics in Business

Discusses the differences between ethical subjectivism and situation ethics.

You're reporting an error for "CSME – Nov 2019 – L2 – Q6b – Ethics in Business"

CSME – Nov 2019 – L2 – Q6a – Strategic Planning Process

Defines business strategy and highlights key questions that a five-year business strategy must answer.

You're reporting an error for "CSME – Nov 2019 – L2 – Q6a – Strategic Planning Process"

CSME – Nov 2019 – L2 – Q5b – Corporate Governance

Analyzes the alternative types of board structures and provides arguments for the most viable option.

You're reporting an error for "CSME – Nov 2019 – L2 – Q5b – Corporate Governance"

CSME – Nov 2019 – L2 – Q5a – Risk Management and Corporate Strategy

Outlines a presentation on the functions and determinants of the efficiency of a risk manager.

You're reporting an error for "CSME – Nov 2019 – L2 – Q5a – Risk Management and Corporate Strategy"

CSME – Nov 2019 – L2 – Q4c – Corporate Social Responsibility (CSR)

Explores the concept of social ecology and its impact on corporate social responsibility.

You're reporting an error for "CSME – Nov 2019 – L2 – Q4c – Corporate Social Responsibility (CSR)"

CSME – Nov 2019 – L2 – Q4b – Corporate Social Responsibility (CSR)

Explores the concept of carbon neutrality and its application to corporate operations.

You're reporting an error for "CSME – Nov 2019 – L2 – Q4b – Corporate Social Responsibility (CSR)"

CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)

Discusses the environmental and social impacts created by organizations in their pursuit of economic wealth.

You're reporting an error for "CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)"

CSME – Nov 2019 – L2 – Q3b – Ethical Issues in Corporate Governance

Discusses the application of six principles of the Nolan Committee in public finance management.

You're reporting an error for "CSME – Nov 2019 – L2 – Q3b – Ethical Issues in Corporate Governance"

CSME – Nov 2019 – L2 – Q3a – Corporate Governance

Discusses basic concepts that are essential for good corporate governance and their relation to governance practices.

You're reporting an error for "CSME – Nov 2019 – L2 – Q3a – Corporate Governance"

SCS – Nov 2019 – L3 – Q1b – Competitive Advantage

Discuss the competitive advantage of Ghanalux in the tourism industry.

You're reporting an error for "SCS – Nov 2019 – L3 – Q1b – Competitive Advantage"

: SCS – Nov 2019 – L3 – Q1a – Environment analysis

Analyze the competitive disadvantage of Ghana’s tourism industry using Porter’s Diamond model.

You're reporting an error for ": SCS – Nov 2019 – L3 – Q1a – Environment analysis"

BL – Nov 2019 – L1 – SB – Q6d – Sale of Goods

Explanation of buyer's remedies for breach of contract terms by the seller.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q6d – Sale of Goods"

BL – Nov 2019 – L1 – SB – Q6c – Negotiable Instruments

Explanation of endorsement and negotiation of a bill of exchange.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q6c – Negotiable Instruments"

BL – Nov 2019 – L1 – SB – Q6b – Hire Purchase and Consumer Credit Transactions

Explaining exceptions to the rule that hirers cannot pass good title under hire purchase contracts.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q6b – Hire Purchase and Consumer Credit Transactions"

BL – Nov 2019 – L1 – SB – Q6a – Employment Law

Explanation of key duties an employee owes to their employer in an employment contract.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q6a – Employment Law"

BL – Nov 2019 – L1 – SB – Q5d – Law of Trusts

Identifying the duties of a personal representative in the administration of estates.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q5d – Law of Trusts"

BL – Nov 2019 – L1 – SB – Q5c – Alternative Dispute Resolution

Explaining arbitration and identifying two key advantages of the process.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q5c – Alternative Dispute Resolution"

BL – Nov 2019 – L1 – SB – Q5b – Law of Tort

Explanation of exceptions where a master is not liable for the torts of his servant.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q5b – Law of Tort"

BL – Nov 2019 – L1 – SB – Q5a – Law Relating to Banking

Explanation of economic crime as defined by the EFCC Act.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q5a – Law Relating to Banking"

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