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WASSCE Business Management past questions and answers

Eight multiple choice and two written, marked as you go. Free, no account.

ObjectiveQ1 of 10

Study the illustration below. Which form of industrial action is depicted in the scene labeled A?

Industrial Relations: Industrial Action

Answer: B. A strike

Scene A depicts a strike — a collective withdrawal of labour by workers to compel the employer to meet their demands. The workers are voluntarily refusing to enter the workplace and are holding placards stating their grievances. Scene B shows a lockout, which is the opposite — the employer shuts down the workplace to pressure workers. In Ghana, the Labour Act 2003 (Act 651) governs industrial disputes. Workers must exhaust negotiation and mediation through the National Labour Commission before embarking on a lawful strike.

ObjectiveQ2 of 10

Study the two organizational charts below. Which statement best describes the difference between Structure X and Structure Y?

Organizational Structure

Answer: B. Structure Y has a wider span of control than Structure X

Structure Y is a flat structure where the Director directly supervises seven staff members (wide span of control). Structure X is a tall structure with an additional management layer — the Director supervises three managers, each of whom supervises staff (narrower span of control at each level). A wider span of control means more subordinates report directly to one manager.

ObjectiveQ3 of 10

Study the illustration comparing different advertising media below. Which medium (labeled in the diagram) would be most suitable for a local chop bar owner in Tamale who wants to reach customers in her immediate neighbourhood at low cost?

Marketing: Advertising Media

Answer: C. C — Handbills and flyers

Handbills and flyers (C) are the most suitable for a local chop bar owner who wants to reach customers in her immediate neighbourhood at low cost. Handbills are cheap to produce, can be distributed directly to nearby residents and businesses, and do not require any technology. Television (A) is expensive and has a national reach that is unnecessary for a local business. Billboards (B) are also costly. Social media (D) is an option but requires internet access, which not all potential local customers may have.

ObjectiveQ4 of 10

Study the insurance scenario below. Which principle of insurance is being violated by the policyholder at point B?

Insurance: Principles of Insurance

Answer: D. Principle of utmost good faith

Point B shows Mr. Mensah concealing his claims history, violating the principle of utmost good faith (uberrimae fidei). This principle requires both parties — the insured and the insurer — to disclose all material facts honestly and completely. If the policyholder conceals, misrepresents, or withholds relevant information (such as previous claims), the insurer has the right to void the contract. In Ghana, the Insurance Act 2021 (Act 1061) enforces this principle across all insurance contracts.

ObjectiveQ5 of 10

Study the illustration of the bank interior below. Which service area labeled in the diagram handles the granting of credit facilities to business owners?

Business Finance: Commercial Banks

Answer: C. Area C — the loans and advances department

The loans and advances department (Area C) handles the granting of credit facilities such as overdrafts, loans, and trade finance to business owners and individuals. This is one of the most important functions of commercial banks in Ghana. The Bank of Ghana (BoG) regulates all commercial banks. Area A handles deposits and withdrawals, Area B handles account opening and general enquiries, and Area D provides automated self-service banking.

ObjectiveQ6 of 10

Study the diagram of the marketing mix below. Which element of the marketing mix is represented by section C?

Marketing: The Marketing Mix

Answer: A. Place (Distribution)

Section C represents Place (Distribution), the third element of the marketing mix (4Ps). Place refers to how and where products are made available to consumers — including channels of distribution (wholesalers, retailers), transportation, warehousing, and location of outlets. The icons of a delivery truck, shop, and warehouse all relate to distribution. The 4Ps were developed by E. Jerome McCarthy: Product, Price, Place, and Promotion.

ObjectiveQ7 of 10

Study the organizational chart below. Which level of management is represented by the box labeled B?

Organizational Structure

Answer: B. Middle-level management

The Production Manager (B) is at the middle-level management tier. In a hierarchical structure, the Managing Director (A) is top-level management, departmental managers like Production Manager and Finance Manager are middle-level management, supervisors (C) are lower-level management, and workers (D) are operational staff.

ObjectiveQ8 of 10

Study the factory layout diagram below. The arrangement shown represents which type of production?

Production: Types of Production

Answer: B. Flow (mass) production

The diagram shows flow (mass) production — a continuous process where raw materials enter at one end and finished goods come out at the other, moving along a conveyor belt through sequential workstations (A → B → C → D). Each station performs a specific operation. This is used when producing large quantities of identical or similar products, as seen in companies like Akosombo Textiles Ltd, Coca-Cola Bottling Ghana, or Nestlé Ghana.

TheoryQ9 of 1010 marks

Study the business planning process flowchart below.(a) Identify the type of plan associated with each level A, B, and C. [3 marks](b) Explain any TWO differences between the plans at level A and level C. [4 marks](c) State THREE importance of planning to a business. [3 marks]

Marking guide

(a) Types of plans (3 marks):
A. Strategic plan (1 mark)

B. Tactical plan (1 mark)

C. Operational plan (1 mark)

(b) Two differences between strategic plan (A) and operational plan (C) (4 marks, 2 marks each):

  1. 1.Time frame: Strategic plans cover a long period of 5-10 years, while operational plans are short-term, covering daily activities up to one year. (2 marks)
  1. 2.Level of management: Strategic plans are formulated by top management (Board of Directors, CEO), while operational plans are developed and executed by lower-level managers such as supervisors and line managers. (2 marks)

Other valid differences:

Scope: Strategic plans cover the entire organization, while operational plans focus on specific departments or units.
Detail: Strategic plans are broad and general, while operational plans are detailed and specific.

(c) Three importance of planning (3 marks, 1 mark each):
1. It provides direction and purpose, all employees know the goals of the organization.

2. It helps in the efficient allocation of scarce resources such as capital, labour, and materials.

3. It reduces uncertainty and risk by anticipating future challenges and preparing for them.

(Other valid points: facilitates coordination, serves as a basis for controlling, motivates employees by giving clear targets)

TheoryQ10 of 1010 marks

Study the diagram of Ghana's trade data below.(a) Define the term "balance of trade." [2 marks](b) From the diagram, determine whether Ghana has a favourable or unfavourable balance of trade. Show your working. [3 marks](c) Explain THREE measures a government can take to correct an unfavourable balance of trade. [5 marks]

Marking guide

(a) Definition of balance of trade (2 marks):
The balance of trade is the difference between the total value of a country's visible exports (goods sold abroad) and the total value of its visible imports (goods bought from abroad) over a given period. (2 marks)

(b) Ghana's balance of trade (3 marks):
Balance of Trade = Total Exports − Total Imports (1 mark)

= GH₵85 billion − GH₵120 billion (1 mark)

= −GH₵35 billion (1 mark)

Ghana has an unfavourable (or adverse/deficit) balance of trade because the value of imports exceeds the value of exports by GH₵35 billion.

(c) Three measures to correct an unfavourable balance of trade (5 marks):
1. Import restriction, the government can impose tariffs (import duties), quotas, or embargoes to reduce the volume and value of imports. For example, Ghana could increase duties on imported rice to encourage consumption of locally produced rice. (1⅔ marks)

2. Export promotion, the government can encourage local industries to produce more for export by providing subsidies, tax incentives, and establishing export processing zones. The Ghana Export Promotion Authority (GEPA) supports this through programmes like the National Export Development Strategy. (1⅔ marks)

3. Currency depreciation, by allowing the cedi to depreciate or devaluing it, Ghanaian exports become cheaper for foreign buyers (boosting exports) while imports become more expensive for Ghanaians (reducing imports). However, this may also increase the cost of essential imports. (1⅔ marks)

(Also accept: import substitution industrialization, diversifying the export base, encouraging local production through "Buy Ghana" campaigns, negotiating favourable trade agreements)

Topics on this page: Industrial Relations: Industrial Action; Organizational Structure; Marketing: Advertising Media; Insurance: Principles of Insurance; Business Finance: Commercial Banks; Marketing: The Marketing Mix; Production: Types of Production; Management Functions: Planning; International Trade: Balance of Payments.

Revise a topic

Notes, practice questions and a mark scheme for topics on the syllabus.

  • Forms of business organisation
  • Management functions
  • Marketing
  • Human resource management
  • Business finance

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Questions about WASSCE Business Management on glearn

Are these real WASSCE Business Management past questions?+

They are written in the style of the WASSCE, the way the examiners ask, and every one comes with the correct answer and a worked explanation. Inside glearn there are also questions taken from past papers.

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Yes, on this page: type your answer and the coach marks it with AI and shows you where the marks are, a few a day with no account. Inside glearn, every answer you write.

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Will these exact questions come in my exam?+

Nobody can promise that. These test the same topics and the same kind of thinking the WASSCE does, which is what practice is for. There are thousands more across BECE and WASSCE inside glearn; this page shows a small sample.

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