Business 9609 · AS & A Level · Business structure

Business structure — practice question

(a)[2]

Define what is meant by the quaternary sector.

(b)[3]

Explain one factor of production required for business activity.

Worked solution & mark scheme

This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: Clear understanding: Economic activity rooted in the intellectual or knowledge-based economy; industries that offer information services such as computing, ICT, consultancy and R&D.

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