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Adanna

0450-22-O-N-11-3c

Fiyin

TOPIC QUESTION - PAPER 1

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Fiyin

April 18, 2025 at 2:00:21 PM

Oct/Nov 2022

Version 3

6.0 External Influences on Business Activity

6.1 Economic Issues

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YOUR ANSWER

Way 1: Reduced profits from income for providing yoga classes. This could lead to less to be reinvested into the business and he may not be able to further expand his 5 sports clubs

Way 2: Increased taxs could mean customers real income may reduce and dance and yoga classes are not essential so the demand for them may reduce. This could lead to a reduction of sales and reduced profit margin.

Grade: 

4/4

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