Economic activity is increasing - Edexcel - GCSE Business - Question 4 - 2016 - Paper 1
Question 4
Economic activity is increasing. Martin, the owner of a printing business, wants to take advantage of this increase.
Which two actions should he take?
Select two a... show full transcript
Worked Solution & Example Answer:Economic activity is increasing - Edexcel - GCSE Business - Question 4 - 2016 - Paper 1
Step 1
C. Recruit more staff
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Answer
Recruiting more staff would enable Martin's printing business to increase its production capacity, catering to the rising demand due to increased economic activity.
Step 2
D. Increase product range
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Answer
Increasing the product range allows the business to attract a wider customer base and meet diverse client needs, optimizing sales opportunities during this period of economic growth.
