Gaytri Talwar

                                

                 

       1.2 Classification of businesses    1. Sarah set up a business as a sole trader running a nursery for small children too young to go to school. The business is successful and has opened a number of new nurseries. Sarah took on a business partner in 2007. Growth has continued and now the business has 10 nurseries in different towns and villages. Sarah is planning to open another nursery and is looking for a suitable location. MAY/JUNE 2011 V1 Q3 a. A nursery school is classified as a tertiary sector activity. Identify two other examples of businesses that are also in the tertiary sector. Example 1: ............................................................................................. Example 2: ........................................................................................[2]   2. The structure of the economy in country W has changed greatly in the last ten years. Primary sector activities have declined in importance, but a range ...

 CIE IGCSE Topical Past Paper 2 4.2 The macroeconomic aims of government  0455/22/O/N/24 The central bank of Madagascar intervenes in the country’s foreign exchange market. However, Madagascar has a largely market economic system. Nearly 70% of Madagascar’s population live in poverty. Most of the country’s industries are labour-intensive. In 2020, Madagascar had an economic growth rate of 6% and a deficit on the current account of its balance of payments of $0.6bn. (c) Analyse how the macroeconomic aims of economic growth and balance of payments stability may conflict. [6] 0455/22/F/M/23 Vietnam has a high number  of female entrepreneurs. Some of their firms have grown and now compete with foreign multinational companies (MNC) and public sector firms. The Vietnamese government encourages MNCs to locate in Vietnam as a host country. It also intervenes in the economy to encourage the consumption of merit goods...

CIE IGCSE Topical Past Paper 2 4.1 The role of government   0455/22/M/J/24  In 2020, wages paid to Mexican workers, including those in the primary sector, fell. This fall contributed to a 9% rise in poverty in the country. In the same year, many small and medium-sized firms closed down. The country also suffered from traffic congestion. Its capital, Mexico City, is the world’s most congested city. d) Discuss whether or not a government should encourage people to walk to school and work. [8] 0455/22/F/M/24  Some firms in Monaco have experienced external growth. Firms in Monaco pay high wages. Workers in Monaco benefit from fiscal policy which contributes to high employment. Their government does impose VAT on food, including fruit. Some economists have suggested that instead of taxing fruit, governments should provide free fruit to consumers.  d) Discuss whether or not a government sh...

Unit 1 Chapter 1 - Understanding Business Activity     1. Crispy Crunch is the brand name of a breakfast cereal made by Banbury. The business spends a lot of money on promoting its brands. Some Banbury managers think this spending is not cost effective. ‘Perhaps modernising our factories to automate the production process would be a better use of our capital’ said one manager, ‘I think a lot of our marketing expenditure is wasted’. OCT/NOV 2011 V3 Q3 b. What is meant by the term ‘capital’? ............................................................................................................... ............................................................................................................... ............................................................................................................... ............................................................................................................... ...................................................

CIE IGCSE Topical Past Paper 2 3.1 Money and banking       0455/22/F/M/25 Finland is a high-income country that usually has a higher value of exports than imports. It has a strong commercial banking sector which has increased its lending in recent years. The country has an ageing population, with more than a quarter of its population aged over 65. In 2022, Finland’s Government had a budget deficit with government spending exceeding tax revenue. b) Explain why commercial bank may increase their lending. [4]  0455/22/M/J/24 Tajikistan is one of Asia’s low-income countries. Its currency, the somoni, has the key characteristics of money. More than one million Tajik people work abroad, mostly in Russia. In 2020, the Tajik government was concerned that the country’s economy might experience a recession which could cause a fall in tax revenue. Desp...

Features of a sole trader   Main sections of Business Plan     Induction Training    Margin of safety     Batch Production    Job Production   ROCC   Break Even     Private Sector      Secondary sector      Profit       Flow Production   Recession Consumers and Recession  Government support in a recession      Shareholders' Funds   Examples of Current assets     Reasons why a business might have creditors.   Internal Communication       

    Ch 6 Motivating   1. Nigella is a Human Resources manager of a chain of fast food restaurants. She is planning to recruit a manager of a new restaurant soon to be opened. A job description has been prepared and a job advertisement written. OCT/NOV 2010 V3 Q a. What is meant by a ‘Human Resources manager’? .................................................................................................................................. .................................................................................................................................. .................................................................................................................................. ............................................................................................................................ [2] d. Identify and explain three functions of management in a fast food restaurant. Function 1: ...............................................................

CIE IGCSE Topical Past Paper 2 1.4 Production possibility curve (PPC) diagrams      0455/22/O/N/24 In 2021, the production point on the UK’s production possibility curve (PPC) changed. Average wages increased. The average annual wage of a waiter was $23,580 while that of a chief executive of a large commercial bank was $1,617,000. A rise in wages enables people to eat in restaurants more often. Some of the food sold in UK restaurants is imported. In 2021, the UK government signed free trade agreements, removing import restrictions, with a number of countries. (a) Identify two places where a production point could be located on a PPC diagram. [2] (b) Explain two reasons why someone may switch from eating in one restaurant to eating in another restaurant. [4] 0455/22/O/N/23  In 2020, Singapore experienced a decrease in both its population size and its labour force. 2020 wa...