Past Questions & Answers
- 5 Marks
BMIS-Nov-2024-L1-Q3a- Arguments Against Maximizing Shareholder Wealth Through Rational Strategic Planning
This question discusses arguments against the notion that a company should focus solely on maximizing shareholder wealth through rational strategic planning.
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- Tags: Business Strategy, Rational Planning, Shareholder Wealth, Short-term, Strategic Planning
- Level: Level 1
- Topic: Business Strategy
- Series: Nov 2024
- 8 Marks
BMIS-Nov-2024-L1-Q2b- Economic Factors Influencing Business Opportunities and Threats
Economic factors that shape business opportunities or threats based on the PEST model.
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- Tags: Business Strategies, Economic Factors, Macro-Environment, Opportunities, PEST, Threats
- Level: Level 1
- Topic: Environmental and Social Performance Management
- Series: Nov 2024
- 9 Marks
BMIS-NOV2024-LV1-Q2a-Monopoly Control and Government Action
disadvantages of monopolies and government actions against them.
Question
a) A monopoly is a market structure in which a single seller or producer assumes a dominant position in an industry or a sector. In most jurisdictions, legislations are in place to restrict monopolies and ensure that one business cannot control the market.
Required:
i) Explain THREE reasons monopoly control over a market might be undesirable.
ii) Suggest THREE ways in which the government might act against monopolies.
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- Tags: Government intervention, Monopoly, PEST Analysis
- Level: Level 1
- Topic: Monopoly Control and Government Action
- Series: Nov 2024
- 10 Marks
BMIS-Nov 2024-L1-Q1C- Decision-Making in Hospital Management
Centralised vs Decentralised decision-making in hospital management.
Question
For each of the decisions below, identify whom you would expect to make the decision and briefly explain why.
- Decisions about the medical treatment or surgical treatment for individual patients.
- Establishing policy on hygiene standards in the hospitals.
- Scheduling operations in the operating theatres of each hospital.
- Discharging patients from hospital.
- Deciding the visiting times for patients in each hospital.
- Prescribing drugs for the treatment of patients.
- Hiring new staff, such as hospital porters and nurses.
- Dealing with payments from insurance companies for the treatment of insured patients.
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- 10 Marks
BCL – Nov 2024 – L1 – Q2a – Legal Implications Relating to Companies in Difficulty or in Crisis
Advise Naami on the procedure for private liquidation of Shama PLC.
Question
a) On 26 February 2024, Shama PLC, a public limited liability company trading on the Ghana Stock Exchange sent a notice to its shareholders inviting them to an Annual General Meeting (AGM) on 2 March 2024. The notice simply states that the ‘purpose is to transact the ordinary business’.
Naami is a shareholder of Shama PLC and is very disturbed about the vagueness of the notice. She is also not satisfied with the performance of the company and is seeking to requisition for a special resolution to liquidate the company.
Required:
Advise Naami on the procedure for private liquidation. (10 marks)
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