Business 0450 · IGCSE · Recruitment, selection and training of employees
Recruitment, selection and training of employees — practice question
VDN is a private limited company. One of VDN’s objectives is to act ethically. VDN makes office products such as pens and paperclips. Every raw material is brought in from abroad. The Managing Director intends to install new machinery to help reduce average costs. This will require training for VDN’s 380 employees. The Managing Director also wants to bring Kaizen into the factory.
(a)[2]
Define the term ‘private limited company’.
(b)[2]
Define the term ‘average cost’.
(c)[4]
Outline two ways VDN could act ethically when making its products.
(d)[6]
Explain one advantage and one disadvantage that VDN could gain from introducing Kaizen.
(e)[6]
Do you think off-the-job training is the best method for a large business to use when bringing in new machinery? Justify your answer.
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “An enterprise owned by shareholders, but its shares cannot be sold to the public” …