NYANGA HIGH SCHOOL, MARIST BROTHERS BUSINESS STUDIES SEMINAR QUESTIONS:
Discuss the possible consequences for a business and its stakeholders following privatisation of the business. 
In what way is it possible to assess the effectiveness of the management of a business? How valid and valuable are your indicators? 
“A leader must take into account task needs, group needs and individual needs in developing a style of leadership.” Do you agree with this statement and explain why you say so. 
A fundamental rule of good management is that you never lose control of your business. Can this be reconciled with decentralisation? 
“To grow we must look at new markets overseas” said the Marketing Director at a recent Board meeting.
- Do you think companies should set growth as an objective? 
- What problems might a company expect to face in entering new overseas markets? 
a) Is the concept of Price Elasticity of Demand of value to a business in detaining its pricing policy? 
b) “If we cut our price we will sell more, and that must be good. Therefore, the lower the price the better.” Comment on this statement. 
Discuss the strategies which can be used by an organisation to effectively manage change. 
Evaluate the appropriateness of using a time rate system to reward and motivate workers. 
Your country is going through a period of foreign currency shortages.
- Explain the likely effects of this shortage on businesses in your country. 
- Evaluate the policies the government of your country might adopt to address this foreign currency problem. 
a) Analyse the likely causes of high labour turnover in an organisation. 
b) Discuss why management should worry about a high rate of labour turnover. 
a) From a marketing point of view, what are the advantages and the disadvantages of using mail order 
b) What other areas of the business might be affected by this move and why? 
Analyse possible explanations for an adverse variance from a cash budget (cash flow statement).