Sheraton Heliopolis Language School American Division First Quarter Exam Business Grade 12 Question 1 : Compare between Advantages and disadvantages of Partnership ( 5 marks) Advantages Disadvantages Question 2 : Choose the correct answer (5 marks) 1- ------------------------------ discuss how a company make its customer aware of its products or services a- Competitive plan b- Mission statement c- Legal plan d- Marketing plan 2- A business that is operate over the internet is called ------------------------a- Virtual business b- Small business c- E-commerce d- Entrepreneurship 3- The responsibility of the owner over the whole company debt is called --------------a- Company responsibility b- Limited responsibility c- Unlimited responsibility d- Management responsibility 4- A company that is registered by a state and operate apart from its owner is called ----------a- Sole Proprietorship b- Partnership c- Cooperation d- Franchising 5- ----------------- is an organizational structure in which managers on one level are in charge of those beneath them a- Line of authority b- Management c- Leadership d- centralization 1|Page Question 3: Mention what do you know about the following (5 marks) 1- Departmentalization ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2- Sole Proprietorship ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------3- Franchise ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------4- Small Business ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------5- Business Plan ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Question 4 Answer the following Questions 1- List and define the function of management (3 marks) -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2- List and define the types of business according to the type of activities they perform (4 marks) 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--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------3- List and define the parts of business plan (4 marks)? 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5 : Case study (5 marks) When Michelle Dell, 19, began selling PCs from his university room in 1984, his competitors ridiculed the computerized approach to postal orders. But the young Michel proved that their doubts were not right - it was wrong. In less than two decades, he has turned his business from postal orders from his university residence to a thriving $ 41 billion empire. Dell is now the largest direct marketer of computer systems and the number one personal computer producer in the world. And number one in server sales. Number two in printers in the United States. 1- What is Michelle Dell's personal character as an entrepreneur? 2 - What are the challenges faced by Michelle Dell at the beginning of a consultation? 3- What are the rewards Michel Del received? 4 - What is the structure of Michel Del? Good Luck 3|Page