Perniagaan Kertas 2

What is the importance of profit to a business?

• Measuring performance level

• Ensuring business continuity

• Reflecting business image

• Determining business direction

• Expanding the business

What is the form of business ownership?

What are the advantages of the form of business ownership in 1(b)(i)?

• Free to manage the business

• Small size

• Easy to establish / not many requirements

• Small capital

• Easy to manage

What is the role of local authorities (PBT)?

• Regulating health / safety / cleanliness

• Providing business infrastructure facilities

• Enforcing laws

• Creating business centers / markets / stalls / arcades

• Establishing by-laws related to business

What are the internal factors influencing the trend mentioned in 2(b)(ii)?

• Aggressive / effective marketing

• Productive / efficient human resources/employees

• Suitable / democratic management style

• Effective R&D

• Mass production / meeting demand / using advanced machines

What are the effects of failing to achieve business goals and objectives?

• Declining sales

• Inability to pay business costs

• Failure in competition

• Business image affected

• Inability to expand the business

What is the meaning of Break-even Point (BEP)?

• The point where total revenue equals total costs

• A method for businesses to plan / determine business objectives

• Determining the number of units to be produced to break even / not incur losses / not make profits

Determine the number of production units needed to break even / not lose / not profit.

The manager of the department controls the production of products by:

• Skilled / sufficient tailors

• Conducting preliminary control

• Quality / sufficient fabric

• Conducting ongoing control

• Sewing machines in good condition

The role of the functional distribution section:

• Completing delivery documents

• Checking all orders / acting if there are discrepancies

• Ensuring goods are labeled before delivery

• Ensuring goods are stored properly

• Preparing vehicle movement schedules