CARIBBEAN EXAMINATION CERTIFICATE
SCHOOL BASED ASSESSMENT
PRINCIPLES OF BUSINESS
CLASS OF 2021
NAME OF CANDIDATE: Varsha Amarnauth
CANDIDATE NUMBER:
SCHOOL CENTER CODE: 090037
NAME OF SCHOOL: NEW AMSTERDAM SECONDARY SCHOOL
TERRITORY: REPUBLIC OF GUYANA REGION 6
TEACHER: LEILA LILLAH
TOPIC: AN INVESTIGATION INTO HOW COVID-19 AFFECTS BUSINESS AND
CONSUMERS IN YOUR COMMUNITY
TABLE OF CONTENTS
BACKGROUND
METHODOLOGY
The researcher chose four (4) methods to collect data:
A questionnaire is a set of printed or written questions with a choice of answers, devised for the
purposes of a survey or statistical study. An advantage of questionnaire is that it can be carried
out by the researcher or by any number of people. A disadvantage is that there is no way to tell
how truthful a respondent is being
An interview is a meeting of people face to face, especially for consultation. An advantage is
that it provides flexibility to the interviewers. A disadvantage is, conducting interview studies can
be very costly as well as very time-consuming.
The internet is a global computer network providing a variety of information and communication
facilities. An advantage is its ability to connect billions of computers and devices to each other.
A disadvantage is that it causes distractions.
A text book is used as a standard work for the study of a particular subject. An advantage is that
it provides organized units of work. A disadvantage is that it does not have all the answers to all
the questions.
Lot 5 Cummings Ville
New Amsterdam
Berbice
2020/12/12
Dear Residents,
This survey is being conducted in Belvedere Village to investigate how Covid 19
affects businesses and consumers in your community. The name of the researcher is Gena Ally,
she is a student of the New Amsterdam Secondary School. The researcher is conducting a survey
to collect data from both business and consumers for her Principles Of Business School Based
Assessment.
In this Questionnaire there are two sections; Section A and Section B, if you are a business
owner answer section A only and if you are a consumer answer section B only. You are required
to place a tick in the boxes provided for the close ended questions. It is confidential so your
name is not required. Thank you for your co-operation.
Yours Faithfully
_____________________________
Questionnaire
Section A (business owners only)
1. What is the type of business you own?
Partnership
Sole trader
Franchise
Cooperatives
Corporation
2. What do you provide?
Service
good
Both
3. What are some of the items you sell?
Dry goods
Meat \ Poultry
Fruits and Vegetables
Building materials
All the above
4. How did the Covid 19 pandemic impact your business sales?
loss of profit
decline in customers
reduction of labour force
A little bit
5. How has Covid 19 pandemic impact your profits?
decrease profits
increase of profits
neutralization of profits
6. What are some of the consequences Covid 19 have on your business?
Closure
Laying off employees
Downsizing
None
All the above
7. Has your business been slow or fast since Covid 19 have started?
Slow
Fast
8. What do customers usually pay with?
Cash
Credit
Both
9. If the customer violate Covid 19 guidelines are you still selling?
Only if I know them
No
If they purchase plenty
Only persons in the village
I turn them away.
10. Since Covid 19, have you put any safety measures in place? If yes which one have you put in
place?
Wearing a face mask
Provision of hand sanitizers
A 6 feet mark
A limit to number of persons in the store at a time
All the above
11. What percentage of your customers have stopped purchasing from your business since Covid
19 pandemic had started?
10 %
20%
30%
40%
50% and over
12. Were you forced to close your business at an earlier time oppose to your original time? If so
by how many hours?
1 hour
2 hours
3 hours
Over 3 hours
13. Were the prices raised by the person that produces your goods to be sold to you?
Yes
No
Section B (consumer only)
1. What are some of the items you purchase?
Dry goods
Meat \ Poultry
Fruits and Vegetables
Building materials
All the above
2. How many stores do you know that were forced to close their business?
0-3
4-6
7-9
10 and over
3. What method of payments do you use when purchasing goods?
Cash
Credit
Both
4. Are shopkeeper still giving you what you need if you violate Covid 19 guidelines?
Yes
No
5. Has the change in opening and closing hours of business affect you?
Yes
No
6. How did the prices of goods and service change since Covid 19?
Decrease
Increase
Neutralize
7. What do you think the government should do to assist small businesses?
The government should give grant
Reduce tax for business owners
Reduce import vat
Reduce small business owners depts.
8. What can the business do to assist customers?
The can clearance sales or half off
They can do promotions
They can allow for cash backs
They can allow hire purchase with less interest
9. How did covid 19 affect you as a consumer?
Loss of employment
Scarcity of food items
Rising of prices on goods
Larger demand of food
Presentation of Data:
‘
FIGURE 1 (A)
RESPONSES TALLY NUMBER OF PERCENTAGE
RESPONDENTS %
Closure 11 2 40
Laying Off 11 2 40
Employees
Downsizing 1 1 20
None 0 0
All Above 0 0
5 100
FIRURE 1 (B)
RESPONSES TALLY NUMBER OF PERCENTAGE
RESPONDENTS %
CASH 11 2 40
CREDIT 11 2 40
BOTH 1 1 20
5 100
RESPONSES TALLY NUMBER OF PERCENTAGE
RESPONDENT %
YES 1111 1111 10 50
NO 1111 5 25
NIL 1111 5 25
RESPONSES TALLY NUMBER OF PERCENTAGE
RESPONDENTS %
LOSS OF 11
EMPLOYMENT
SCARCRITY OF
FOOD ITEM