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Loan selling of old business asse ts issue of shares

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Loan, selling of old business’ assets, issue of shares and retainedprofits.Explain the following terms:i.Organisation Chart.ii.Centralisation.iii.DecentralisationWhat is meant by:i.Laissez-faire leadership style?ii.Autocratic leadership style?iii.Democratic leadership style?(3 marks)(2 marks)(4 marks)(3 marks)e.Mention three needs that are found in Maslow's hierarchy of needs(Maslow’s theory).(3 marks)
Page 8 of 8Business StudiesYear 112022f.Briefly explain the type of employees as mentioned in McGregor’sTheory X and Theory Y.(2 marks)g.Explain the hygiene factors as mentioned in Hertzberg’s motivationaltheory.(1 mark)Question 2a.Mention and explain three business objectives.(6 marks)b.Mention one role of the following departments:i.Finance department.ii.Research and Development department.iii.Purchasing department.iv.Production department.(4 marks)c.Give two reasons to show why good communication is important for everybusiness.(2 marks)d.What is the difference between:i.Wants and needs.ii.Private sector and public sector.iii.Limited liability and unlimited liability.iv.Public limited company and private limited company.(8 marks)END OF PAPER
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Term
Fall
Professor
Finnin
Tags
Economics, Unemployment, Economic system, Corporation, Mass production

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