Identify and explain two reasons why objectives might change over time
May/June 2019 Version 12
Identify two stages of the business cycle
Oct/Nov 2019 Version 11 - 2(a)
Identify two features of an economic boom
May/June 2019 Version 12 - 2(a)
Identify two features of a growing economy
May/June 2018 Version 12 - 3(b)
Do you think that all businesses benefit from operating in a country with rapid economic growth?
May/June 2020 Version 12 - 1(e)
How does government use expenditure, taxes and interest rates to achieve economic objectives
They are government policy instruments.
What are business cycles
Business cycles describe how the national output changes over a period of time
Why do business need financing
Cash flow is necessary for a business to operate at all times
Why do businesses fail?
Poor entrepreneurial skills, lack of planning and research, failure to obtain financing, wrong location for the business