Business Activity ✍🏽
SECTION A: (a) 2 mark (b) 3 mark PAPER 1
(a) Define the term ‘opportunity cost’. [2]
(b) Explain one reason why many new businesses fail in their first year of operation. [3]
Social Enterprises ✍🏽
SECTION A: (a) 8 mark PAPER 1
(a) Analyse the impact of social enterprises on the development of a country. [8]
Economic Sectors ✍🏽
SECTION A: (b) 3 mark PAPER 1
(b) Explain one advantages a business in the public sector may have that a business in the private sector may not. [3]
Business Objectives in the Private Sector and Public Sector ✍🏽
SECTION A: 5 mark PAPER 1
4. Analyse one way in which the triple bottom line may influence the activities of a business. [5]
Objectives and Business Decisions ✍🏽
SECTION B: 12 mark PAPER 1
6 (b) “Shareholders of a public limited company will always prioritise profits over business ethics”. Evaluate this view.
Business Stakeholders ✍🏽
SECTION A: 5 mark PAPER 1
Analyse how the interests of one stakeholder groups could affect the decisions of a business. [5]
The Importance and Influence of Stakeholders ✍🏽
SECTION B: 12 mark PAPER 1
5.(b) Evaluate the view that a public limited company should prioritise the aims of its shareholders rather than those of other stakeholder groups. [12]
