Item A: NorthThread manufactures outdoor clothing. A pressure group reports that one overseas supplier pays low wages and uses a dyeing process that pollutes a river. Changing to a certified supplier would increase material costs by 14%. Research shows that 62% of NorthThread's customers consider ethical and environmental performance when buying clothing.
State one stakeholder applying pressure to NorthThread.
Outline one possible impact on NorthThread of changing to the certified supplier.
NorthThread is considering two responses:
Option 1: Change supplier and increase selling prices by 8%
Option 2: Keep the current supplier and current prices while requiring an improvement plan
Justify which one of these two responses NorthThread should choose.
37 exam-style questions on Edexcel GCSE Business 2.1 Growing the business, covering 2.1.1a Internal (organic) growth, 2.1.1b External (inorganic) growth, 2.1.1c Ownership for growing businesses, 2.1.1d Finance for growing and established businesses, 2.1.2a Why aims and objectives change, 2.1.2b How aims and objectives change, 2.1.3a The impact of globalisation on businesses, 2.1.3b Barriers to international trade, 2.1.3c How businesses compete internationally, 2.1.4a Ethical and environmental considerations, and 2.1.4b Pressure group activity and the marketing mix. Each one has a worked solution and a mark scheme showing where the marks go.