Economic issues

Explain four reasons why high quality matters to ST.

Feb/March 2021

The Government of country X has recently raised interest rates. Identify and explain two ways in which a rise in interest rates could affect FF.

May/June 2015

The Government wants to persuade people to take exercise and improve their health (see Appendix 3). Identify and explain two possible external benefits that could result from an increase in the number of dance studios.

May/June 2016

DPC runs 200 takeaway pizza outlets. More than 75% of its pizzas are ordered through e-commerce. The Managing Director believes 2017 was a successful year. She remarked: ‘Looking ahead, there are signs that the economy is growing.’ Even so, DPC faces several challenges. The Government intends to raise the minimum wage to $5 per hour. DPC also has to react to environmental pressures. Food waste and litter from discarded pizza boxes are problems. Complaints from the local community about this are too high?

May/June 2018

REW has received many awards for the design and style of its carpets and rugs. The wool it uses all comes from local suppliers. REW's objective for this year is to survive and stay in business. The Managing Director is worried that the country's Gross Domestic Product has been falling for some time. During the recession, the Managing Director plans to begin selling REW's products in other countries. Market research indicates that demand would be high.

May/June 2019

Explain four reasons why the relative significance of the primary, secondary and tertiary sectors changes in a country.

May/June 2021

Explain two possible effects on TSE when the business cycle in country P enters the recession stage.

May/June 2025

Nellis is a public limited company. It focuses on constructing large luxury houses. During the last 3 years, its profits have risen because the country is enjoying an economic boom. ‘It’s not all good news - the Government has announced plans to increase interest rates and introduce new legal controls to protect the environment’ said the Managing Director. He thinks these new legal controls to protect the environment will simply leave businesses such as Nellis less profitable.

Oct/Nov 2015

Identify and explain two reasons that make profit important to BB.

Oct/Nov 2017

Explain one benefit and one drawback to AD of selling to a niche market.

Oct/Nov 2020

STB is a public limited company, and it builds houses through job production. During 2024, the business completed 13 500 houses. STB has several stakeholder groups, among them its 5000 employees. The Managing Director understands that business activity can have environmental effects and that there are many reasons for a business to react to environmental pressures. She also wants to find out how economic growth could influence STB.

Oct/Nov 2025