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Characteristic
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B. LEK owns 80 electrical shops. It sells products such as cell (mobile) phones
and televisions. The Marketing Director believes offering customers a
choice of products helps LEK to be competitive. LEK must use suitable
ways to communicate with its customers. LEKs directors are planning a
takeover of a competitor. This competitor owns 40 shops and operates in
the same 4 regions as LEK.
D. KSS production workers are highly skilled in doing just one task on the
production line. Identify and explain two advantages and two
disadvantages of workers being skilled in just one task. Advantage
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Explanation: .................................................................................................
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Advantage
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Explanation: ......................................................................................................
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Disadvantage
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Explanation: ......................................................................................................
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Disadvantage
2: ............................................................................................................... .......
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Explanation: ......................................................................................................
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E. Country W has a mixed economy. The public sector has grown in recent
years. The Government has also introduced many new laws regulating
business behaviour and protecting employees and consumers.
1. What is meant by the term mixed
economy? ...............................................................................................
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[2] 2. Identify two objectives often set by businesses in the public
sector.
Objective
a. : ...........................................................................................................
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Objective
b. : ...........................................................................................................
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Identify and explain two reasons why the size of the public sector
might increase over time.
Reason
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Explanation: ............................................................................................
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Reason
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Explanation: ............................................................................................
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........................................................................ [4]
Give two reasons for deindustrialisation.
(2)