yl:
ARTISTE
yl:
DA SCOOP
yl:
FASHION & STYLE
yl:
DEAR COUNSELLOR
yl:
PROFILES
yl:
MIND & SPIRIT
yl:
HEALTH
yl:
SCHOOL REVIEW
yl:
SEXOLOGY
yl:
TECHNO TEENS
yl:
ONLINE POLL
yl:
LIFE
yl:
FEEDBACK
JOIN THE CLUB

Your Views on YL
If you've got an opinion, share it with the world on our
Message Boards

CSEC>> Principles of Business

Click to go back pob index
Click to go back to cxc archive

Questions on Profile Three (Part III)
Yvonne Harvey, Contributor

A scene from the schoolboy hockey match between Munro College and Excelsior, played at the Mona Hockey Field, Mona, March 13. - Winston Sill Photo
HELLO MY friends. This week's profile three question is taken from the January 2006, General past paper, question number eight. The question is:

Government has a responsibility to protect consumers as well as to provide a climate for businesses to survive.

(a) State TWO reasons why consumers need protection. (4 mks)

(b) Identify THREE ways in which the government of your country can ensure that consumers' safety and well-being are protected. (6 mks)

(c) Discuss THREE ways in which the government may help businesses to succeed. (6 mks)

(d) State TWO ways by which the government can ensure that businesses protect the environment. (4 mks)

Total : 20 marks

Now, for my discussion and guideline answers. I hope they will help you in getting a fair understanding of the question.

Discussion and guideline answers.

(a) There are many reasons why consumers need to be protected. These reasons include the fact that they receive:

  • Short change, short weights and short measurements
  • Unsafe and poor quality products
  • Misleading price reductions and false sales
  • False claims about products
  • Insufficient goods for their money
  • Unfair treatment when faulty goods are returned, etc.

In addition, consumers are not always able to make a good assessment of the goods they buy. They cannot protect themselves and therefore need to be protected.

Candidates should state clearly any TWO reasons for consumer protection.

(b) Some of the ways in which the government can ensure that consumers? safety and well-being are protected are:

  • By setting up consumer protection agencies such the Ombudsman, the Bureau of Standards and the Consumer Affairs Commission.

  • By educating and advising consumers through pamphlets, radio and TV programmes.

  • Through the introduction of penalties for producers and sellers who show lack of regard for consumers.

  • By passing legislation/laws that ensure consumer protection, e.g., processed food acts, Public Health Act, The Standard Act and The Food and Drugs Act.

  • By the control and supervision of prices.

  • By enforcing fair trading practices.

  • By supervising hire purchase and credit control, etc.

    (c) Government can help businesses to succeed by:

  • Giving them loans with little or no interest to be paid back.

  • Allowing them subsidies and grants which result in the lowering of costs of production.

  • Providing business educational opportunities free or at very low cost.

  • Allowing the importation of essential raw materials duty free.

  • Providing free zone areas for the location of businesses.

  • Reducing corporation tax which reduces overall costs and boosts profits.

  • Assisting businesses in finding markets and in the marketing of their products, etc.

    For this part of the question, the THREE points selected must be properly discussed to score full marks.

    (d) The protection of the environment has become increasingly important. The government can ensure that businesses protect the environment by:

  • Introducing a pollution tax.

  • Taking over the production where businesses fail to protect the environment.

  • Passing legislation or laws against practices that damage the environment.

  • Having inspectors go around and ensure that practices are not damaging to the environment.

  • Giving warnings which if not adhered to, result in the business being taken to court or some other action.

  • Encouraging the location of businesses in special areas where their production practices will not harm the environment, etc.

    I hope you found this question interesting. The profile three questions for next week will be based on demand and supply. Please revise this area in preparation for next week. The five laws of demand and supply and the factors related to these laws will be important in answering the questions.

    Keep safe until next week.

    * Yvonne Harvey teaches at Glenmuir High School.

     
     
    Youthlink Club
    If You can write about anything at all, like aliens or teachers, parents or friends, love or war. But secretly we are hoping to also get the buzz on what's hot, and what's not; exam blues and school news; your views and other dos. Join as part of your school's journalism club or as an individual member.
    Click here for more Info


     

    FeedBack   |   Join Youthlink Club   |   Youthlink Message Board   |   Write To Dear Counsellor

    Other Links
    Go-Local Jamaica
       |   Da Flex    |   Jamaica Gleaner   |   Jamaica Star   |   Discover Jamaica   |   Go-Jamaica.com