Business 0450 · IGCSE · Enterprise, business growth and size

Enterprise, business growth and size — practice question

(a)[8]

Explain two reasons why the owners of CC might want the business to expand.

(b)[12]

Consider the opportunities and threats of globalisation for CC. Which is most likely to have the greatest effect on CC? 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: They may hope for higher profits because expansion should raise sales in new markets, which in turn increases revenue

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