Unit 08 - Maintain business resources

Amarda Company imported raw materials from Japan worth £100,000. They paid £8,000 in import duty and £15,000 for transportation. They also paid £2,000 import taxes which will be refunded by the government. What is the value of the raw materials purchased?

• £127,000

• £125,000

• £117,000

• £112.000

XYZ is a leather goods manufacturing company in KSA. They have total investment of $200,000, have $50,000 to spend on resources and the rest is administrative cost. They want to install a new unit to manufacture leathering socks. Which of the following documents would they need to consult to identify how much they have to spend on a resource?

• Organizational Hand Book on ordering procedures

• Resource allocation budget

• Invoices of past purchases for the resource

• Profit and loss account

Ali is an employee in Fed Ex delivery warehouse. He had used forklift which he did not had training on. He had damaged the equipment, therefore when using the equipment it’s important to:

• Consider what it will cost to maintain the equipment

• Know where the parts to make the equipment came from

• Be trained on how to use them

• All of the above

The photocopier keeps breaking down and you have discovered that you are spending a lot of money on calling out the engineer to fix it. What process is best to use to resolve the problem?

• Monitor and evaluate the types of faults that has been occurring and who has been reporting them

• Monitor and evaluate the frequency and dates when the faults are occurring

• Carry out an analysis survey through staff to find out the specific types of problems that often occur with the photocopiers when they are photocopying different types of documents

• All of the above

- Zara clothing fashion Line Company had always have sufficient resources to run smoothly and efficiently. It can achieve this by:

• Keeping track of the resources it has on hand

• Ordering new stock when appropriate

• Monitoring stock usage

• All of the above

Which of the following will not happen if stock is not managed in a timely manner.

• There will be a loss of income

• Customers will be unhappy

• Staff will lose their jobs

• The company will get a refund on the stock bought; that has not been used after 1 year

Planning for Stock/Inventory does not involves:

• Counting what is in the store house and planning for more stock

• Looking at the past and current activities to feed into the future needs of the business.

• Managing staff to be better at estimating stock/inventory needs.

• Speculating on how much stock other companies are buying

Which of the following investment appraisal tools emphasis speed of return on investment (ie quickly shows when the cost of an item will be recuperated):

• Net present value

• Payback

• Average rate of return

• None of the above

An investment project has an initial outlay of £250,000 and it is expected to generate total returns of £425,000 over the four year period what is the Average Rate of Return for this project?

• 170.0%

• 42.5%

• 45.5%

• 17.5%

The following image is an example of a __________________________.

• Gantt chart

• Dream chart

• Milestone chart

• Grant chart