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Read the information supplied and answer the questions which follow - Leaving Cert Business - Question 1 - 2018

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Read the information supplied and answer the questions which follow. Superfoods by SuperDudes Michelle, a 'gym goer', found it very difficult to source healthy 'fo... 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.

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Answer

  1. Risk Taker - Michelle exemplifies a risk-taking attitude by leaving her job to start her own business, investing her savings into her health food venture.

  2. Innovative/Creative - She has been innovative in identifying new opportunities, such as offering a delivery service and catering to specific customer needs in her restaurant.

  3. Future-focused/Ambitious - Michelle demonstrates ambition by planning for future business growth, including the introduction of services for customers who sign up for meal plans.

Step 2

Outline two methods of communication, other than meetings, that Michelle could use to communicate with her staff.

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Answer

  1. Oral/Verbal Communication - Michelle could use mobile phone calls or messaging apps like WhatsApp to communicate important updates and instructions to her team in a timely manner.

  2. Written Communication - She could utilize notice boards to post important announcements or employ emails and text messages to keep her staff informed about daily operations.

Step 3

Outline two features of a democratic leadership approach.

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Answer

  1. Delegation - A democratic leader involves their staff in decision-making by assigning tasks while encouraging input on important decisions, fostering a sense of ownership.

  2. Encouraging Participation - Such leaders engage in regular consultations with their staff, seeking to understand their perspectives and encouraging feedback on leadership practices.

Step 4

(i) In your answer book, identify the needs numbered 1 to 5 from the following list.

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Answer

1 = Basic/Physical Needs
2 = Security/Safety Needs
3 = Social Needs
4 = Esteem Needs
5 = Self-Actualisation Needs

Step 5

(ii) Outline using examples how a manager can satisfy the social needs of his/her employees.

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Answer

A manager can satisfy the social needs of employees by:

  1. Organising Staff Outings - Creating opportunities for employees to bond outside the workplace.
  2. Planning Team Events - Hosting team-building events, such as sports days or outings, to promote camaraderie and teamwork.

Step 6

Explain two reasons why stock control is very important for a food business.

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Answer

  1. Customer Satisfaction - Effective stock control ensures that products are available, minimizing shortages, which directly impacts customer satisfaction by meeting their needs consistently.
  2. Waste Reduction - By managing stock levels, businesses can reduce waste, avoiding overproduction that leads to expired food items, thereby saving costs and promoting sustainability.

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