Economies & diseconomies of scale

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.

Using the information in Extract C, calculate the index for UK butter prices in July 2018. You are advised to show your working.

Using Extract A, explain one impact on competitors of the proposed merger between Sainsbury’s and ASDA.

With reference to Extract B, explain one likely reason for the change in market share of the discount supermarkets.

Using Extract C, analyse how an increase in cost-push inflation may affect economic growth.

With reference to Extract B, discuss the impact of falling real wages on the UK supermarket sector.

Using the extracts, assess the likely impact on consumers and suppliers of the increased market power of supermarkets.

Assess the impact of food price inflation on UK living standards.

With reference to Extract A, assess the likely problems for Sainsbury’s and Asda of their proposed merger.

Using the information in Extract C, calculate the index for UK butter prices in July 2018. You are advised to show your working.

Using Extract A, explain one impact on competitors of the proposed merger between Sainsbury’s and ASDA.

With reference to Extract B, explain one likely reason for the change in market share of the discount supermarkets.

Using Extract C, analyse how an increase in cost-push inflation may affect economic growth.

With reference to Extract B, discuss the impact of falling real wages on the UK supermarket sector.

Using the extracts, assess the likely impact on consumers and suppliers of the increased market power of supermarkets.

Assess the impact of food price inflation on UK living standards.

With reference to Extract A, assess the likely problems for Sainsbury’s and Asda of their proposed merger.

Using Extract A, calculate, to 2 decimal places, Nike ’s profit for the year margin for 2016. You are advised to show your working.

New Balance operates in a competitive market.

Explain one reason why a business such as New Balance differentiates its products.

Using Extract A, calculate, to 2 decimal places, Anta ’s total costs in 2016. You are advised to show your working.

Pictures of the singer Rihanna wearing New Balance ’s white leather training shoes appeared in newspapers. This style of shoe temporarily sold out. However people were still trying to buy them in stores and online, leading to excess demand.

Using a supply and demand diagram to show excess demand, analyse how this may affect the future price of these shoes.

Discuss the extent to which sales maximisation is the main objective for a business such as New Balance.

Interest rates in the UK were stable between 2007 and 2017.

Assess the possible impact of an increase in interest rates on New Balance ’s UK operations.

Assess the importance of economies of scale to the success of firms such as Nike.

New Balance has chosen to manufacture its premium shoes in the US and UK rather than in cheaper locations.

Assess the extent to which this may cause stakeholder conflict.