Paper 2: Business activities, decisions and strategy June 2024, Question 1 50 marks
Also involves Financial objectives and financial management
Explain one benefit to Vidsy of having a mission statement.
Reveal mark scheme
Using the data in Extract B, calculate Vidsy’s return on capital employed (ROCE) for 2021. State your answer to two decimal places. You are advised to show your working.
Reveal mark scheme
Assess whether Vidsy’s directors should focus purely on shareholder returns in the company’s business decisions.
Reveal mark scheme
Assess whether offering financial rewards is the best way for Vidsy to reduce its labour turnover.
Reveal mark scheme
Vidsy’s directors wish to expand into the US market. To achieve this, the directors are considering whether to finance this expansion either by using retained profit or external finance.
Evaluate these two options and recommend which one Vidsy’s directors should choose to finance the company’s expansion into the US market.
Reveal mark scheme