Daily Practice
GCSE Business
- 1Ethical and environmental considerations
Explain why there can be a trade-off between acting ethically and making a profit.
- 2The economic climate
State the four main stages of the business cycle.
- 3Globalisation and international trade
Define an export.
- 4Legislation and its impact
State the difference between legislation and ethics.
- 5The competitive environment
Explain why a monopoly business can often charge higher prices.
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