Business 0450 · IGCSE · Organisation and management
Organisation and management — practice question
QF Group produces a variety of electrical goods, including computers and televisions. Since every QF manager has a broad span of control, delegation is important. QF Group’s main aim is growth. The Finance Director has been studying the accounting figures in Table 2. She is satisfied with the business’s performance.
(a)[2]
What is meant by span of control?
(b)[2]
What is meant by delegation?
(c)[4]
Identify and explain two reasons why delegation may be important to businesses such as QF Group.
(d)[6]
Identify two stakeholder groups. Explain why each of these stakeholder groups could support QF Group’s growth objective.
(e)[6]
Do you think the Finance Director is justified in being pleased with QF Group’s performance? Support your answer with the data in Table 2 and suitable ratios.
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “The count of subordinates who report straight to a manager” …