Business 0450 · IGCSE · Economic issues

Economic issues — practice question

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.
(a)[2]

Identify two ways in which business activity may affect the environment.

(b)[2]

Identify two reasons why a business should respond to environmental pressures.

(c)[4]

Outline two ways in which economic growth could affect STB.

(d)[6]

Explain two advantages that job production brings to STB.

(e)[6]

Do you think employees are the key stakeholder group for a manufacturing business? Justify your answer.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Pollution, or an example of it

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