Business Enterprise Skills Paper 1 Specimen 2026

1. Athe right to trade under its name
2. Ba seat on the franchisor's board
3. Ca share of the franchisor's profits
4. Downership of the franchisor's premises

Answer this when you sit the paper.

Answer this when you sit the paper.

1. Astate utilities trade beside private firms
2. Bthe state fixes every price in the market
3. Ccentral planners decide every output level
4. Dall land and capital are owned privately

1. Aa smaller wage bill every month
2. Bless competition in its market
3. Chigher output from each worker
4. Dlower prices charged by its suppliers

1. Acan stop paying annual increments
2. Brecovers its spending on training
3. Cneeds no supervisors on the floor
4. Dpays less tax on its yearly profits

1. Agrievance handling
2. Binduction and orientation
3. Crecruitment and selection
4. Dappraisal and promotion

1. Areduce the wage bill of the department
2. Bavoid having to recruit new workers
3. Cclose the skills gaps appraisal finds
4. Dmeet the auditors' record keeping rules

1. Amust be an officer of the court
2. Brepresents the workers' interests
3. Chands down a binding decision
4. Donly chairs the meeting between them

Answer this when you sit the paper.

1. A$3 200
2. B$4 000
3. C$4 800
4. D$5 000

1. A$3 072
2. B$3 840
3. C$4 000
4. D$4 800

1. Ais paid most of the invoice at once
2. Bwrites the debts off against tax
3. Ccharges its customers a higher price
4. Dpays its own suppliers much later

1. Awaits longer to be paid by customers
2. Breceives less than the invoice value
3. Cmust pledge its premises as security
4. Dloses the right to sell on credit

1. Atrade electronically over a network
2. Bmeet at a fixed stall on market day
3. Cdeal only in second hand goods
4. Dexchange goods without using money

1. Amay pay by electronic transfer
2. Bcan handle the goods before paying
3. Ccan shop at any hour of the day
4. Dreaches sellers in other countries

1. Arepairs and maintenance of plant
2. Bwages paid to the workers
3. Cinterest on long term loans
4. Ddepreciation of machinery

1. Aconsistent quality at high volume
2. Beasier adjustment to a one-off order
3. Ca lower initial outlay to start
4. Dless money tied up in machinery

1. Adividing the payoff by the branches
2. Badding up the payoff of every branch
3. Cweighting each outcome by its chance
4. Dtaking the largest payoff on the tree

1. Areplaces the need for market research
2. Bremoves the risk from the decision
3. Cguarantees the forecast profit figure
4. Dshows the options and their outcomes

1. Ait ignores the payoff of each route
2. Bthe probabilities are estimates
3. Cit can handle only one decision
4. Dit cannot show any money values

1. Aits overseas franchisor
2. Bthe stock exchange
3. Ca foreign joint venture partner
4. Dthe government of the country

1. Ainduction training
2. Bjob rotation
3. Coff-the-job training
4. Drefresher training

1. Aworkers gain a national certificate
2. Boutput continues while they learn
3. Cthe firm pays no wages for the day
4. Dno supervisor's time is needed

1. Aadvertising to the local community
2. Bcomplying with safety regulations
3. Creducing its insurance premium
4. Draising its output per worker

1. Aoutput lost that day can be recovered
2. Bthe cause can be found and corrected
3. Cthe worker at fault can be dismissed
4. Dthe insurance premium is reduced

1. Alower wages in the district
2. Bcheaper land beside the water
3. Ca ready market among boat owners
4. Da large supply of process water

1. Aland beside a dam costs more
2. Btransport to the market is longer
3. Ceffluent may pollute the water
4. Dthe site cannot be expanded later

1. Anearness to the raw materials
2. Bthe number of banks in the town
3. Cthe quality of nearby schools
4. Dthe cost of local advertising

1. Aability to run at full capacity
2. Brate of staff turnover
3. Cright to a trading licence
4. Dshare of the export market

1. Aguaranteeing a higher selling price
2. Bremoving its need to pay any tax
3. Copening larger export markets to it
4. Dending competition from imports

1. Aexports become impossible to sell
2. Blocal firms close facing imports
3. Cforeign investment is prohibited
4. Dtechnology can no longer be copied

Answer this when you sit the paper.

1. Abans all imported consumer goods
2. Badds value before it exports
3. Cborrows to subsidise every import
4. Dexports raw materials unprocessed

1. A2 : 1
2. B2.5 : 1
3. C0.8 : 1
4. D1 : 1

1. A2 : 1
2. B0.8 : 1
3. C1 : 1
4. D1.5 : 1

1. A$4 000
2. B$5 000
3. C$10 000
4. D$45 000

1. Aan expense in the equity section
2. Ba deduction from inventory
3. Ca current liability
4. Da non-current liability

1. Aable to meet short term debts
2. Bholding far too little stock
3. Ccarrying no debt at all
4. Dclose to being insolvent

1. Athe depreciation rate chosen
2. Bthe cost of the premises owned
3. Cthe number of partners in it
4. Dhow quickly the stock is sold

1. Aall its profits free of interest
2. Bthe right to repay nothing
3. Cits assets free of any charge
4. Dfull ownership and control

1. Athe lease costs less than buying
2. Bno interest is built into the rentals
3. Cthe equipment is owned from day one
4. Dno large lump sum is needed at once

1. Athe price charged is always lower
2. Bno record of the debt is kept
3. Cthe supplier shares the profits
4. Dthe goods are paid for later

1. Araw material prices fall sharply
2. Bthe firm pays a lower tax rate
3. Cfixed costs spread over more units
4. Dwages rise with every extra unit

1. Alower spending on maintenance
2. Ba smaller initial capital outlay
3. Cno need to train its workers
4. Dfewer defects and less wastage

1. Aoutput per worker will fall
2. Bthe lender takes a share of profit
3. Cit must publish audited accounts
4. Dthe equipment may date quickly