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2 (a) Which two of the following are examples of goods? Select two answers - Edexcel - GCSE Business - Question 2 - 2021 - Paper 1
Question 2
2 (a) Which two of the following are examples of goods? Select two answers. A Cars B Education C Hairdressing D Televisions E Train journeys (b) Which two of the f... show full transcript
Worked Solution & Example Answer:2 (a) Which two of the following are examples of goods? Select two answers - Edexcel - GCSE Business - Question 2 - 2021 - Paper 1
Step 1
Which two of the following are examples of goods?
Answer
The two examples of goods are:
- Cars (A)
- Cars are physical products that can be bought and sold, making them a clear example of a good.
- Televisions (D)
- Televisions are also tangible items, fitting the definition of goods as they are items produced for consumption.
Step 2
Which two of the following would allow a business to improve employee retention?
Answer
The two strategies that would likely improve employee retention are:
- Introducing job rotation (C)
- Job rotation can help employees feel more engaged and satisfied with their work, reducing turnover rates by preventing monotony.
- Providing training (D)
- Offering training opportunities can boost employee skills and confidence, leading to higher job satisfaction and loyalty to the company.