Answer one question from this section.

1. (a) In the context of Peacewick University, outline the meaning of growth (line 135). [2 marks] (

b) Peacewick University operates in the quaternary sector. Describe the nature of PU's business activity in the quaternary sector. [2 marks]

(c) Explain two advantages and one disadvantage of PU having contingency plans in place to deal with catastrophes such as the recent accident at a nearby chemical plant. [6 marks]

2. (a) Describe two suitable sources of finance for a new lecture theatre and a new building for the Faculty of Music (lines 48 - 49). [4 marks]

(b) With reference to the case study, explain the importance of training (line 79) for Peacewick University. [6 marks]

3. (a) Outline one advantage and one disadvantage of the high staff turnover in the Faculty of History (line 86). [4 marks]

(b) Explain the importance of corporate social responsibility (line 119) to Peacewick University.

Reference : Business management

Case study: Peacewick University

For use in May 2022