Subject: BUSINESS MANAGEMENT & INFORMATION SYSTEMS

Search 500 + past questions and counting.

BMIS-Nov-2024-L1-Q5c-Benefits of Internet and E-commerce for Suppliers and Customers

Explains the benefits of internet and e-commerce for suppliers and customers.

Question

The internet and e-commerce have become important channels for marketing and selling products, and the internet can also be a distribution channel for products.
Required:
State FOUR potential benefits of the internet and e-commerce for each of the following:
i) Suppliers
ii) Customers

Answer

Find Related Questions by Tags, levels, etc.

Tags: Customers, Distribution, E-commerce, Internet, Marketing, Suppliers
Level: Level 1

Topic: Internet and E-commerce
Series: Nov 2024

BMIS-Nov-2024-L1-Q5b- Example of a Non-Traditional Product Life Cycle

Identifies and explains a product or service whose life cycle doesn't follow the traditional stages.

Question

Identify and explain an example of a product or service whose life cycle has not conformed to the traditional pattern of introduction, growth, maturity, and decline.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Market Phases, Product Development, Product Life Cycle
Level: Level 1

Topic: Business Strategy, Product Life Cycle
Series: Nov 2024

BMIS-Nov-2024-L1-Q5a- Product Life Cycle Stages

Match products to their corresponding stages in the product life cycle: introduction, growth, maturity, and decline.

Question

A typical product life cycle has four main phases: introduction, growth, maturity, and decline.
Required:
Twelve products are listed below. Match these products to the stage they have probably reached in their life cycle, by filling in the following table.

Online music downloads
SMS messaging
(Hand-written) postcards
Personal identity cards using ‘iris-based’ technology
Folding screen mobile phones
Credit cards
Personal computers
Fifth generation (5G) mobile telephones
Cheque books
Typewriters
Smart cards (in banking)
E-conferencing

Answer

Find Related Questions by Tags, levels, etc.

Tags: Decline, Growth, Market Phases, Maturity, Product Life Cycle
Level: Level 1

Topic: Product Life Cycle
Series: Nov 2024

BMIS-Nov-2024-L1-Q4b-Performance Appraisal and Employee Competence

Describes the components of performance appraisal and suggests ways to assess employee competence.

Question

A performance appraisal is a periodic and systematic process whereby the job performance of an employee is documented and evaluated. The performance appraisal process allows employees to understand specific competencies they excel at and where they might need improvement.
Required:
i) Describe THREE components of performance appraisal.
ii) Suggest how the competence of an employee might be assessed

Answer

Find Related Questions by Tags, levels, etc.

Tags: Competence Assessment, Employee Evaluation, HR Functions, Performance Appraisal
Level: Level 1

Series: Nov 2024

BMIS-Nov-2024-L1-Q4a-Advantages of Appointing a Single Distributor in Ghana

Discusses the advantages of appointing a single distributor for business operations in Ghana.

Question

Beta Equipment is a Taiwanese manufacturer of various types of printers and has recently decided to export its products to Ghana. Beta Equipment is considering appointing a single distributor in Ghana who would represent the exporter and would be responsible for the entire marketing operations in this country.
Required:
Explain FIVE advantages that Beta Equipment would achieve through the appointment of a single distributor for import and distribution of its products in Ghana.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Distribution, International Expansion, Logistics, Marketing
Level: Level 1

Topic: Operations strategy
Series: Nov 2024

BMIS-Nov-2024-L1-Q3c-Explanation of a “51% Attack” in Blockchain

Defines a "51% attack" in blockchain and explains its implications.

Question

Blockchain consists of multiple ‘blocks’ of digital information which are held in a public database known as a ‘chain’. Blockchain technology offers a number of advantages. However, it is susceptible to a form of cyber-attack known as 51% attack.
Required:
Explain what is meant by “51% attack”.

Answer

Find Related Questions by Tags, levels, etc.

Tags: 51% Attack, Blockchain, Cyber Attack, Security, Technology
Level: Level 1

Topic: Cybersecurity
Series: Nov 2024

BMIS-Nov-2024-L1-Q3b-Hofstede’s Dimensions of Organisational Culture

Explains Hofstede's cultural dimensions and what a 51% blockchain attack entails.

Question

Culture is a set of dominant beliefs, attitudes, values, and norms that is shared by a number of people. It is the collective programming of the mind that distinguishes the members of one group from members of another group. Likewise, the culture of a business organisation in one country will differ from the culture of organisations in a different country. Multinational companies face the challenge of trying to create a common original culture for an organisation that operates across national boundaries.
Hofstede developed a cultural dimension theory used to understand differences in culture across countries and the ways that business is done across different cultures.
Required:
According to Hofstede, explain FOUR dimensions to differences in organisational culture arising from differences in national culture.

Answer

Find Related Questions by Tags, levels, etc.

Tags: 51% Attack, Blockchain, Cybersecurity, Hofstede's Dimensions, Organisational Culture
Level: Level 1

Topic: Culture in business
Series: Nov 2024

BMIS-Nov-2024-L1-Q3a- Arguments Against Maximizing Shareholder Wealth Through Rational Strategic Planning

This question discusses arguments against the notion that a company should focus solely on maximizing shareholder wealth through rational strategic planning.

Question

A company should make rational strategic plans with the aim of maximising the wealth of its equity shareholders.”

Explain the arguments against the above statement.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Rational Planning, Shareholder Wealth, Short-term, Strategic Planning
Level: Level 1

Topic: Employment law
Series: Nov 2024

BMIS-Nov-2024-L1-Q2b- Economic Factors Influencing Business Opportunities and Threats

Economic factors that shape business opportunities or threats based on the PEST model.

Question

Explain THREE economic factors which determine the nature of opportunities or threats that organisations may face.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategies, Economic Factors, Macro-Environment, Opportunities, PEST, Threats
Level: Level 1

Topic: Agency Law
Series: Nov 2024

BMIS-NOV2024-LV1-Q2a-Monopoly Control and Government Action

disadvantages of monopolies and government actions against them.

Question

a) A monopoly is a market structure in which a single seller or producer assumes a dominant position in an industry or a sector. In most jurisdictions, legislations are in place to restrict monopolies and ensure that one business cannot control the market.

Required:
i) Explain THREE reasons monopoly control over a market might be undesirable.
ii) Suggest THREE ways in which the government might act against monopolies.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Government intervention, Monopoly, PEST Analysis
Level: Level 1

Topic: Monopoly Control and Government Action
Series: Nov 2024

BMIS – Nov 2019 – L1 – Q2bi – Extrinsic Rewards

Explain extrinsic rewards in relation to employee motivation.

Question

Explain the following in relation to the motivation of employees:
i) Extrinsic rewards (2 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Employee Compensation, Motivation, Rewards
Level: Level 1

Topic: Motivation
Series: MAY 2019, NOV 2019

BMIS – Nov 2019 – L1 – Q2bii – Intrinsic Rewards

Explain intrinsic rewards in relation to employee motivation.

Question

Explain the following in relation to the motivation of employees:
ii) Intrinsic rewards (2 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Job Satisfaction, Motivation, Psychological Rewards
Level: Level 1

Topic: Motivation
Series: NOV 2019

BMIS – Nov 2019 – L1 – Q1b – Characteristics of a Private Limited Company

Explain two characteristics of a private limited liability company.

Question

Explain TWO (2) characteristics of a Private Limited Liability Company. (4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Characteristics, Private Limited Liability
Level: Level 1

Topic: The Business Organisation and its Stakeholders
Series: NOV 2019

BMIS – Nov 2019 – L1 – Q2c – Group Development Stages

Outline the stages of group development in an organizational context.

Question

Outline the stages of group development. (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Group Development, Organizational Behavior, Team Formation
Level: Level 1

Topic: Teams
Series: NOV 2019

BMIS – NOV 2019 – L1 – Q3a – Mission Statement

Write a mission statement for Hard Leather Limited, a footwear manufacturing company with products for middle and upper classes.

Question

a) Hard Leather Limited is a footwear manufacturing company with a wide range of products for middle and upper classes.

Required: Write a mission statement for the company. (5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company objectives, Mission Statement, Strategic Planning
Level: Level 1

Topic: Introduction to Business Strategy
Series: NOV 2019

BMIS – NOV 2019 – L1 – Q3b – Mission Statement Reasons

Explain four reasons for developing a mission statement for Hard Leather Limited, a footwear manufacturing company.

Question

Explain FOUR (4) reasons for developing a mission statement for the company. (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Mission Statement, Organizational Objectives, Policy formulation, Resource Allocation, Strategic Planning
Level: Level 1

Topic: Introduction to Business Strategy
Series: NOV 2019

BMIS – NOV 2019 – L1 – Q3c – Marketing Functions

Explain five functions performed by the marketing department that enable an organization to gain competitive advantage.

Question

The marketing department performs several functions that enables an organization to gain competitive advantage.

Required: Explain FIVE (5) of these functions. (5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Competitive Advantage, Marketing, Marketing Functions
Level: Level 1

Topic: Finance, R&D and marketing strategies
Series: NOV 2019

BMIS – Nov 2019 – L1 – Q4a – Information System Types

Listing and explanation of four different types of information systems required for effective organizational function.

Question

List and explain FOUR (4) different types of information systems an organization requires to function effectively. (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Topic: Introduction to information technology and information systems
Series: NOV 2019

BMIS – Nov 2019 – L1 – Q4b – Economic Factors in the Macro-Environment

State and explain five economic factors that influence opportunities or threats for organizations in the macro-environment.

Question

4. (b) The macro-environment contains several conditions and factors that systematically present opportunities or pose threats to organizations in their effort to gain competitive advantage. The factors in the macro-environment for the purpose of effective analysis are grouped using the PEST model, which represents political, economic, socio-cultural, and technological factors. Understanding these factors will influence the kind of strategies business organizations would formulate.

Required:
State and explain FIVE (5) economic factors which determine the nature of opportunities or threats that organizations may face.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Competitive Advantage, Economic Factors, Macro-Environment, PEST Analysis
Level: Level 1

Topic: Competitive forces and markets, Introduction to Business Strategy, The external environment
Series: NOV 2019

Question Title: BMIS – Nov 2019 – L1 – Q5a – Factors in Developing a Good Layout

Discuss the factors an organization should consider in developing a good layout

Question

The layout of an operation or process means how resources are positioned relative to each other,
how various tasks are allocated to these resources, and the general appearance of the resources.
Together these three decisions will dictate the pattern and nature of how transformed resources
progress through the operation or process. If the layout proves wrong, it can lead to over-long
or confused flow patterns, customer queues in an organization, long process times, inflexible
operations, unpredictable flow, high costs and a poor response for whoever is within the
operation, whether they are customers or staff.

Required

Explain FOUR (4) factors an organization should consider in such a layout. (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: ayout, Delays, Flexibility, Flow, Operations, Resources, Safety, Security, Space
Level: Level 1

Topic: Operations strategy
Series: NOV 2019

Subject: BUSINESS MANAGEMENT & INFORMATION SYSTEMS

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

BMIS-Nov-2024-L1-Q5c-Benefits of Internet and E-commerce for Suppliers and Customers

Explains the benefits of internet and e-commerce for suppliers and customers.

You're reporting an error for "BMIS-Nov-2024-L1-Q5c-Benefits of Internet and E-commerce for Suppliers and Customers"

BMIS-Nov-2024-L1-Q5b- Example of a Non-Traditional Product Life Cycle

Identifies and explains a product or service whose life cycle doesn't follow the traditional stages.

You're reporting an error for "BMIS-Nov-2024-L1-Q5b- Example of a Non-Traditional Product Life Cycle"

BMIS-Nov-2024-L1-Q5a- Product Life Cycle Stages

Match products to their corresponding stages in the product life cycle: introduction, growth, maturity, and decline.

You're reporting an error for "BMIS-Nov-2024-L1-Q5a- Product Life Cycle Stages"

BMIS-Nov-2024-L1-Q4b-Performance Appraisal and Employee Competence

Describes the components of performance appraisal and suggests ways to assess employee competence.

You're reporting an error for "BMIS-Nov-2024-L1-Q4b-Performance Appraisal and Employee Competence"

BMIS-Nov-2024-L1-Q4a-Advantages of Appointing a Single Distributor in Ghana

Discusses the advantages of appointing a single distributor for business operations in Ghana.

You're reporting an error for "BMIS-Nov-2024-L1-Q4a-Advantages of Appointing a Single Distributor in Ghana"

BMIS-Nov-2024-L1-Q3c-Explanation of a “51% Attack” in Blockchain

Defines a "51% attack" in blockchain and explains its implications.

You're reporting an error for "BMIS-Nov-2024-L1-Q3c-Explanation of a “51% Attack” in Blockchain"

BMIS-Nov-2024-L1-Q3b-Hofstede’s Dimensions of Organisational Culture

Explains Hofstede's cultural dimensions and what a 51% blockchain attack entails.

You're reporting an error for "BMIS-Nov-2024-L1-Q3b-Hofstede’s Dimensions of Organisational Culture"

BMIS-Nov-2024-L1-Q3a- Arguments Against Maximizing Shareholder Wealth Through Rational Strategic Planning

This question discusses arguments against the notion that a company should focus solely on maximizing shareholder wealth through rational strategic planning.

You're reporting an error for "BMIS-Nov-2024-L1-Q3a- Arguments Against Maximizing Shareholder Wealth Through Rational Strategic Planning"

BMIS-Nov-2024-L1-Q2b- Economic Factors Influencing Business Opportunities and Threats

Economic factors that shape business opportunities or threats based on the PEST model.

You're reporting an error for "BMIS-Nov-2024-L1-Q2b- Economic Factors Influencing Business Opportunities and Threats"

BMIS-NOV2024-LV1-Q2a-Monopoly Control and Government Action

disadvantages of monopolies and government actions against them.

You're reporting an error for "BMIS-NOV2024-LV1-Q2a-Monopoly Control and Government Action"

BMIS – Nov 2019 – L1 – Q2bi – Extrinsic Rewards

Explain extrinsic rewards in relation to employee motivation.

You're reporting an error for "BMIS – Nov 2019 – L1 – Q2bi – Extrinsic Rewards"

BMIS – Nov 2019 – L1 – Q2bii – Intrinsic Rewards

Explain intrinsic rewards in relation to employee motivation.

You're reporting an error for "BMIS – Nov 2019 – L1 – Q2bii – Intrinsic Rewards"

BMIS – Nov 2019 – L1 – Q1b – Characteristics of a Private Limited Company

Explain two characteristics of a private limited liability company.

You're reporting an error for "BMIS – Nov 2019 – L1 – Q1b – Characteristics of a Private Limited Company"

BMIS – Nov 2019 – L1 – Q2c – Group Development Stages

Outline the stages of group development in an organizational context.

You're reporting an error for "BMIS – Nov 2019 – L1 – Q2c – Group Development Stages"

BMIS – NOV 2019 – L1 – Q3a – Mission Statement

Write a mission statement for Hard Leather Limited, a footwear manufacturing company with products for middle and upper classes.

You're reporting an error for "BMIS – NOV 2019 – L1 – Q3a – Mission Statement"

BMIS – NOV 2019 – L1 – Q3b – Mission Statement Reasons

Explain four reasons for developing a mission statement for Hard Leather Limited, a footwear manufacturing company.

You're reporting an error for "BMIS – NOV 2019 – L1 – Q3b – Mission Statement Reasons"

BMIS – NOV 2019 – L1 – Q3c – Marketing Functions

Explain five functions performed by the marketing department that enable an organization to gain competitive advantage.

You're reporting an error for "BMIS – NOV 2019 – L1 – Q3c – Marketing Functions"

BMIS – Nov 2019 – L1 – Q4a – Information System Types

Listing and explanation of four different types of information systems required for effective organizational function.

You're reporting an error for "BMIS – Nov 2019 – L1 – Q4a – Information System Types"

BMIS – Nov 2019 – L1 – Q4b – Economic Factors in the Macro-Environment

State and explain five economic factors that influence opportunities or threats for organizations in the macro-environment.

You're reporting an error for "BMIS – Nov 2019 – L1 – Q4b – Economic Factors in the Macro-Environment"

Question Title: BMIS – Nov 2019 – L1 – Q5a – Factors in Developing a Good Layout

Discuss the factors an organization should consider in developing a good layout

You're reporting an error for "Question Title: BMIS – Nov 2019 – L1 – Q5a – Factors in Developing a Good Layout"

Our offerings

Contact Info

Customer

Get In Touch

admin