Business 7115 · O Level
Business activity
2 practice questions on Business activity, with worked solutions and instant marking.
Country X is a mixed economy, with organisations in both the private and public sector. These organisations operate across different sectors of economic activity. Over the past 20 years, the primary sector has become less significant in country X’s economy. Table 3.1 summarises the changes. The government plans to encourage multinational companies to establish factories in country X.
Oct/Nov 2023
Avtar runs a car repair business in the private sector. The business is small and has 2 full-time employees. He wants to discover the best method for a business to raise added value. Avtar’s business requires finance for several reasons. He also wants to understand how an economic recession could influence his business.
Oct/Nov 2024