GCF is a public limited company that offers businesses a variety of computer services, such as designing websites and developing apps. The Human Resources Director uses ideas drawn from Maslow’s Hierarchy of Needs to help keep GCF’s 250 employees highly motivated. Table 4.1 shows an extract of the methods used. GCF plans to grow by acquiring one of its competitors. This will cost $50m. To fund the takeover, GCF is thinking about issuing new shares.
(a)[2]
Identify any two features of a public limited company.
(b)[2]
Identify the level of Maslow’s Hierarchy of Needs that each of the following methods fits.
‘Employee of the month’ award.
Organises team building courses.
(c)[4]
Outline two advantages GCF gains from having well-motivated employees.
(d)[6]
Explain one advantage and one disadvantage to GCF of issuing new shares as a form of finance.
(e)[6]
Do you think counting employees is the best way to measure the size of a tertiary sector business? 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: “Limited liability” …