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Read the information supplied and answer the questions which follow - Leaving Cert Business - Question 1 - 2018
Question 1
Read the information supplied and answer the questions which follow. Superfoods by SuperDudes Michelle, a 'gym goer', found it very difficult to source healthy 'foo... show full transcript
Worked Solution & Example Answer:Read the information supplied and answer the questions which follow - Leaving Cert Business - Question 1 - 2018
Step 1
Outline three entrepreneurial characteristics/skills displayed by Michelle.
Answer
- Risk Taker: Michelle demonstrated a willingness to leave her stable job and invest her savings into a new venture, showing her readiness to embrace uncertainty.
- Innovative / Creative: She identified a gap in the market for healthy fast food, creatively establishing 'Superfoods by SuperDudes' to meet the needs of health-conscious consumers.
- Decisive: Michelle's ability to make decisions, like setting up her own business and adapting services like delivery, reflects her decisive nature and leadership skills.
Step 2
Outline two methods of communication, other than meetings, that Michelle could use to communicate with her staff.
Answer
- Written Communication: Utilizing tools such as notice boards, memos, emails, or text messages to disseminate important information to staff.
- Visual Communication: Employing overhead projectors or digital displays to convey messages clearly and visually during staff briefings.
Step 3
Outline two features of a democratic leadership approach.
Answer
- Delegation: A democratic leader promotes motivation by assigning responsibilities, allowing staff to take ownership of their tasks.
- Involvement in Decision Making: This leadership style encourages consultation with team members, promoting a collaborative environment where input from staff is valued.
Step 4
Step 5
Outline using examples how a manager can satisfy the social needs of his/her employees.
Answer
To satisfy social needs, a manager can:
- Organise Staff Outings: Arranging team-building activities to foster camaraderie among employees.
- Staff Events: Hosting regular team bonding events such as ‘bonding days’ or social club activities.
- Promote Teamwork: Encouraging collaborative efforts and projects to strengthen relationships.
- Equitable Treatment: Ensuring that staff is treated fairly during social events to promote a sense of belonging.
Step 6
Explain two reasons why stock control is very important for a food business.
Answer
- Customer Satisfaction: Effective stock control ensures that the business can meet customer demands, avoiding situations where items are out of stock, which can lead to customer dissatisfaction.
- Minimizing Waste: By maintaining optimal stock levels, businesses can reduce losses incurred from perishable goods going unsold or exceeding their expiry dates.