BUSINESS STUDIES 11 REIEW PAPER

1. Explain what ‘creating value’ means. [3]

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2. What is the difference between private – sector and public- sector organization. [3]
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3. What is the purpose of mission statement? [3]

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4. Distinguish between the shareholder concept and the stakeholder concept. [3]
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5. Explain three functions of managers. [6]

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6. What do you understand by the term motivation? [2]

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7. List four important role of an HR department. [4]

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