(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.
Business 0450 · IGCSE · Enterprise, business growth and size
Explain two reasons why the owners of CC might want the business to expand.
Consider the opportunities and threats of globalisation for CC. Which is most likely to have the greatest effect on CC? Justify your answer.
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” …