Business 0450 · IGCSE · Enterprise, business growth and size

Enterprise, business growth and size — practice question

(a)[8]

Harry and Fred have prepared a business plan for the expansion of HH. Identify and explain two contents of a business plan that Harry and Fred could find useful as HH expands.

(b)[12]

Consider how the three legal controls below could influence HH. Which legal control is likely to have the greatest effect on HH’s profit? Justify your answer. The risks of flying must be shown on every advertisement. The minimum wage rises by 10%. A new environmental tax of $1 per km per tourist is introduced.

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