Business ethics and corporate social responsibility

Discuss whether the growth of a firm will always lead to diseconomies of scale.

Assess the extent to which the objectives of a firm and a consumer might conflict.

Assess whether an ethical stance by a business will lead to stakeholder conflict.

Evaluate the extent to which globalisation has benefitted national and local economies.

Using the data from Extract C calculate, to 2 decimal places, the rate of inflation in March 2022.

You are advised to show your working.

With reference to Extract C, explain in which month there was deflation and in which month there was disinflation.

Median nominal annual earnings for full-time employees in the UK increased from £25 806 in 2009 to £31 285 in 2021.

In the same period, there was an increase of 52% in demand for takeaway meals.

Using this data, calculate, to 2 decimal places, the income elasticity of demand for takeaway meals from 2009 to 2021. You are advised to show your working.

Analyse two ways small firms might survive in the competitive restaurant market.

Discuss the possible benefits to takeaway firms of using dark kitchens.

With reference to Extract A, assess the likely impact of rising inflation on the UK restaurant market.

With reference to Extract A, assess problems arising from the inorganic growth used by UK restaurant chains such as The Restaurant Group and Casual Dining Group.

With reference to Extract B, assess potential stakeholder conflicts associated with the growth of dark kitchens.

Explain one way creative destruction might have affected the clothing market.

Using Extract B, calculate, to 2 decimal places, Boohoo ’s gross profit margin for 2019. You are advised to show your working.

In 2019, Boohoo sold 10,501,813 items. This included low cost clothing and more expensive clothing, coats, shoes and jewellery.

Using Extract B, calculate, to two decimal places, the average revenue per item sold in 2019. You are advised to show your working.

Analyse two advantages of division of labour to manufacturers in the clothing industry.

Using a supply and demand diagram, discuss the likely effect on the UK clothing market of a 1p tax on clothing.

Assess the likely implications of using share capital to fund expansion for a firm such as Boohoo.

Assess the extent to which enterprise is the most important factor of production for the success of Boohoo.

Assess the extent to which there is a trade-off between Corporate Social Responsibility (CSR) and profitability for a firm such as Boohoo.

Evaluate the likely conflicts between stakeholder objectives as a result of the growth in this market.

Evaluate the extent to which the environmental impact of multinational firms, such as Starbucks, can be controlled by governments.

Discuss the benefits of division of labour for a manufacturer such as Adidas.

Intel, Samsung, LG and Microsoft have all moved production bases to Vietnam.

Assess the possible impact of this on the local labour force in Vietnam.

Assess the importance of having an ethical supply chain for a business such as Adidas or Intel.

Evaluate the importance of the labour force when choosing a location for production.

Discuss the likely impact of an increase in the minimum wage on a firm such as Whitbread.

Assess Lidl ’s decision to become the first UK supermarket to pay ‘at least the full living wage’ (Extract E, line 4).

Using a suitable diagram, assess the effectiveness of a rent cap in solving the problems of the London housing market.

With reference to Figures 4 and 5, evaluate the success of UK government policies in reducing regional variations in unemployment.