Business Enterprise Skills Paper 1 Specimen B 2026

1. Araising the rate of inflation
2. Bsetting the country's exchange rate
3. Cfixing the wages paid by rivals
4. Dincreasing its share of the market

1. Agive direction and a target to measure performance against
2. Breduce the amount of tax the business has to pay
3. Cfix the price at which the business must sell goods
4. Ddecide how many hours each employee is allowed to work each week

1. Athe local community
2. Bthe shareholders
3. Cthe suppliers
4. Dthe debenture holders

1. Alegal
2. Bsocial
3. Ctechnological
4. Deconomic

1. Aproduce most of the country's export earnings each year
2. Bset the level of interest rates charged on loans
3. Ccontrol the supply of foreign currency in the economy
4. Dcreate employment and serve niches large firms ignore

1. Araises the level of tariffs charged on imported goods
2. Breduces the number of firms competing in the market
3. Ctransfers ownership of local land to the government
4. Dbrings in capital, technology and management skills

1. Athe government must pay the multinational's wage bill
2. Bthe country loses its membership of regional trade blocs
3. Cprofits may be repatriated instead of reinvested locally
4. Dlocal firms are barred by law from entering the sector

Answer this when you sit the paper.

1. Aa debenture issue
2. Btrade credit
3. Cretained profit
4. Da bank overdraft

Answer this when you sit the paper.

1. Athe difference between selling price and variable cost
2. Bthe cash a business keeps in reserve for emergencies
3. Cthe profit remaining after all expenses have been paid
4. Dthe amount by which actual sales exceed break-even sales

Answer this when you sit the paper.

1. A1,11:1
2. B1,28:1
3. C3,54:1
4. D0,70:1

1. A1,84:1
2. B0,59:1
3. C0,70:1
4. D1,28:1

1. Athe profit the company made last financial year
2. Bthe home addresses of the company's directors
3. Cthe qualifications required and how to apply
4. Dthe names of everyone who applied last time

1. Ahelps unsuitable candidates screen themselves out early
2. Bobliges the company to interview every applicant
3. Cfixes the salary the successful applicant will receive
4. Dallows the company to advertise without paying a fee

1. Aa national newspaper and an online job portal
2. Ba notice pinned inside the managing director's office
3. Cthe packaging of the company's own products
4. Da poster displayed only at the factory gate

1. Asuspended on full pay
2. Bgiven notice for poor work
3. Cmade redundant
4. Ddismissed for misconduct

1. Athe firm's competitors have reduced their own output
2. Bthe cost of living has risen faster than members' pay
3. Cthe firm has recently taken on several new employees
4. Dmembers have worked for the firm for many years

1. Athe government lowers the rate of company tax to zero
2. Bhigher pay raises productivity or costs are passed on
3. Cthe firm reduces the number of hours each shift lasts
4. Dthe firm delays paying its suppliers for a few months

1. Arecruiting and selecting new employees
2. Bsetting the price of the firm's products
3. Cdesigning the firm's production machinery
4. Dauditing the firm's published accounts

1. Aemployees are prevented from leaving the company
2. Bskills and productivity rise while errors fall
3. Cwage costs fall in the year training takes place
4. Dthe company can reduce the price of its products

1. Aa short, plain-language message is used throughout
2. Ba message passes through too many people in the chain
3. Cthe message is written down and copied to a file
4. Dthe sender asks the receiver to confirm understanding

1. Athe pay attached to a particular level of a job
2. Bthe number of workers reporting to one manager
3. Cthe right to make decisions and give instructions
4. Dthe duty to account for the results of one's work

1. Awritten records of the message cannot be kept
2. Bthe message is received but its meaning is lost
3. Cthe message takes longer to travel to the receiver
4. Dthe sender is unable to choose a suitable channel

Answer this when you sit the paper.

1. Ais free to change the product range whenever it wishes
2. Bavoids having to register the business with anyone
3. Cgains a proven brand and support, lowering the risk
4. Dkeeps every dollar of profit it earns from trading

Answer this when you sit the paper.

1. Asell the same model at the same price everywhere
2. Breduce the number of models it has to manufacture
3. Cstop competitors from entering the television market
4. Ddesign and price sets to suit each group of buyers

1. Arestrict the training available to workers
2. Boffer tax incentives to attract new investment
3. Craise the rate of company tax on all profits
4. Dincrease the cost of borrowing from banks

1. Aa subsidy paid to exporters
2. Ba rise in the minimum wage
3. Ca cut in the rate of income tax
4. Da quota on imported clothing

1. Aprotect infant industries and local jobs
2. Blower the price consumers pay for goods
3. Cwiden the range of goods on sale locally
4. Dreduce the revenue government collects

1. Aconsumers face higher prices and less choice
2. Blocal firms lose the protection they need
3. Cgovernment revenue from tariffs disappears
4. Dimported goods become cheaper than local ones