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1.5 Understanding external influences on business

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Question 9

How might higher unemployment benefit a growing business?

[1]
A

A larger pool of applicants may make recruitment easier

B

Every unemployed person will buy more products from the business

C

Wage costs must fall below the legal minimum

D

The business will no longer face competition

Markscheme

1.5 Understanding external influences on business Questions

  1. GCSE
  2. /Business
  3. /1.5 Understanding external influences on business

37 exam-style questions on Edexcel GCSE Business 1.5 Understanding external influences on business, covering 1.5.1a Business stakeholders and their objectives, 1.5.1b How stakeholders and businesses affect each other, 1.5.1c Conflicts between stakeholder groups, 1.5.2a Types of technology used by business, 1.5.2b How technology influences business activity, 1.5.3a Principles of consumer law, 1.5.3b Principles of employment law, 1.5.3c The cost impact of legislation, 1.5.3d Consequences of meeting legal obligations, 1.5.4 The economy and business, and 1.5.5 External influences. Each one has a worked solution and a mark scheme showing where the marks go.

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