Business 7115 · O Level · Business and the international economy

Business and the international economy — practice question

(a)[8]

Explain two reasons that the owners of CC may wish to expand the business.

(b)[12]

Consider the opportunities and threats of globalisation for CC. Which is likely to have the greater 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: To possibly earn higher profits for the owners - because expansion can raise sales in new markets - which lifts revenue - CC shareholders may want larger dividends paid / a rise in share price

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