Business Enterprise Skills Paper 2 Specimen B 2026

Answer this when you sit the paper.

1. AA preference for work in which every task is decided by other people
2. BA reluctance to change the way a product has always been made before
3. CAn unwillingness to work beyond the hours set out in a contract
4. DA willingness to take calculated risks in pursuit of an opportunity

1. Athe wish to have every working decision made by an employer.
2. Bnecessity, since no wage employment is available to them.
3. Ca legal duty placed on the unemployed to register a business.
4. Dthe certainty that a new enterprise will earn more than a wage.

1. AA purchase order sent to a supplier of raw ingredients
2. BA poster displayed in the local shopping centre
3. CA delivery note sent out together with a customer's order
4. DA goods received note filed in the office after a delivery

1. ABeing praised in public for work that has been done particularly well by them
2. BLittle attention being paid to their pay, welfare and conditions of work
3. CBeing offered training that leads towards promotion within the firm
4. DBeing consulted before changes to their working practices are made

1. Aphysical resources, the equipment used to produce the goods.
2. Bfinancial resources, the money available to the enterprise.
3. Chuman resources, the skills and effort of its own employees.
4. Dnatural resources, the raw materials taken from the land.

1. Adepend on it for their wages and for their job security.
2. Bown the shares that have been issued by the enterprise.
3. Clend the enterprise the capital it uses to buy equipment.
4. Dcollect the taxes that the enterprise is required to pay.

1. Asatisfied customers return and recommend the enterprise to others.
2. Bthe enterprise no longer needs to advertise any of the goods that it sells.
3. Cthe wages paid to the employees can be reduced accordingly.
4. Dthe cost of the ingredients used in production is reduced.

1. Athe enterprise loses the right to charge more than its rivals do.
2. Bbetter ingredients, trained staff and inspection all cost money.
3. Ccomplaints and refunds from customers become more frequent.
4. Dcustomers become less willing to buy the product than before.

1. Aenterprises reduce the number of goods a country has to produce.
2. Benterprises take the place of the government in making the laws.
3. Centerprises create employment and pay taxes that fund public services.
4. Denterprises are able to set for themselves the rate of tax that they will pay.

1. Athey are informal, and have no collateral or records to offer.
2. Bgovernment funding may be used only to buy imported machinery.
3. Cthe banks are not allowed to lend to any enterprise under ten years old.
4. Dsmall enterprises earn too much profit to qualify for any assistance.

1. ARestricting the number of small enterprises allowed to trade in a district
2. BRequiring every small enterprise to publish accounts in a newspaper
3. CSimplifying registration and licensing so that formalising costs less
4. DCharging small enterprises a higher rate of tax than large ones pay

1. Agrowth into a brand recognised across the whole country.
2. Bsurvival through its first difficult years of trading.
3. Ccorporate social responsibility towards the wider community.
4. Ddiversification into several unrelated product markets.

1. Asell a larger proportion of the industry's total sales than before.
2. Braise the price charged for every product without changing the quantity sold.
3. Creduce the total value of the goods that it sells each year.
4. Dkeep its sales at exactly the same level as in previous years.

1. Apay wages late so as to preserve the enterprise's own cash.
2. Bemploy workers without keeping any record of their hours.
3. Cexpect overtime to be worked without any additional payment.
4. Dpay fair wages and provide safe working conditions.

1. Ataking a long-term bank loan repaid with interest.
2. Badmitting a new partner who contributes capital.
3. Cselling a share of the business to an outside investor.
4. Dissuing new shares to a group of outside investors.

1. Athe dividend that is paid on it is deducted before the tax is calculated.
2. Bit can be raised by a business of any legal form whatever.
3. Cit leaves the existing owners in full control of the business.
4. Dit does not have to be repaid and carries no fixed interest charge.

1. Athe owners lose their right to take decisions about the business.
2. Bthe interest that is paid cannot be treated as an expense of the business.
3. Cthe interest and capital must be repaid even in an unprofitable year.
4. Dthe lender becomes entitled to a share of the enterprise's profit.

1. Aavoid the need to set any price for the product until the launch is over.
2. Bregister the brand name of the product in that town only.
3. Crecover the whole cost of developing the product at once.
4. Dsee how real customers respond before committing to full production.

1. Aresearch can be carried out only by very large enterprises.
2. Bthe results are valid for one week and must then be repeated.
3. Cresearch must by law be carried out before any product is launched.
4. Dwhat people say in a survey is not always what they later buy.

Answer this when you sit the paper.

1. AThe secondary stage, which processes materials into finished goods
2. BThe tertiary stage, which provides services to other producers
3. CThe primary stage, which extracts raw materials from nature
4. DThe quaternary stage, which provides knowledge-based services

1. Athe secondary stage of production.
2. Bthe tertiary stage of production.
3. Cthe primary stage of production.
4. Dthe quaternary stage of production.

1. Athe rent at the present site is lower than anywhere else nearby.
2. Bthe enterprise wishes to keep its existing customers and suppliers.
3. Cthe present site cannot be extended and output has outgrown it.
4. Dthe workforce at the present site is skilled and experienced.

1. Athe enterprise must sell its machinery before it is able to move.
2. Bthe enterprise loses the right to trade under its existing name.
3. Cthe new premises must always cost more than the old ones did.
4. Demployees who will not move must be replaced and retrained.

1. Apayment is received more quickly than from home customers.
2. Brisk is spread, so a fall in demand at home is less damaging.
3. Cthe enterprise no longer has to meet any product standards.
4. Dtransport and insurance costs are lower than they are at home.

1. Ait leaves a permanent written record and can carry attached documents.
2. Bthe sender knows at once that the message has been read.
3. Cthe tone of the sender's own voice comes across to the reader more clearly.
4. Dit works without any electricity or internet connection at all.

1. Athe travel costs are higher than holding the meeting in person.
2. Bthe participants are unable to see one another's facial expressions at all.
3. Cit depends on a fast, reliable internet connection and on equipment.
4. Ddocuments and screens cannot be shared during the meeting.