Globalisation

In the Source Booklet, look at Figure 3 and read Extract A, then answer Questions 4, 5 and 6.

Outline one drawback to Pladis of focusing on new market segments.

Analyse the benefit to Pladis from having factories in different countries.

In the Source Booklet, look at Figure 4 and read Extract B, then answer Question 7.

Give the name of one document a business may send to an applicant during the recruitment process.

Figure 5 shows the percentage of new car and electric vehicle (EV) registrations in the

(Source: https://cleantechnica.com/2023/08/05/uk-ev-share-at-24-1-bevs-double-model-y-top/)

Figure 5

Using the information in Figure 5, identify the type of electric vehicle (EV) that had the highest percentage of registrations.

Outline one impact globalisation may have on Polestar.

In order to reduce its costs of production, Polestar is considering the following two options:

Option 1: increased use of just in time (JIT) stock control

Option 2: finding new suppliers for its components.

Justify which one of these two options Polestar should choose.

Evaluate the importance of the aesthetics element of the design mix for Polestar ’s electric vehicles (EVs). You should use the information provided as well as your knowledge of business.

Define the term multinational.

Figure 5 shows the percentage of customers the website www.jdsports.co.uk has had from various social media websites in 2020.

(Source: adapted from https://www.similarweb.com/website/jdsports.co.uk#social)

Using the information in Figure 5, identify the social media site that generated the smallest percentage of customers for www.jdsports.co.uk.

Outline one benefit to JD Sports of having a website.

In order to improve its competitive advantage JD Sports is considering two options:

Option 1: targeted online advertising

Option 2: sponsorship.

Justify which one of these two options JD Sports should choose.

Evaluate whether the takeover of Footasylum will allow JD Sports to increase its profit. You should use the information provided as well as your knowledge of business.

Table 2 contains information about the price of a Tesla Model 3 car between 2017 and 2019.

Using the information in Table 2, calculate, the percentage reduction in the price of a Tesla Model 3 car between 2017 and 2019.

Using the information in Table 2, calculate the average price of a Tesla Model 3 car over the three year period between 2017 and 2019.

Analyse the impact on Tesla of increasing levels of globalisation.

Which one of the following is a stage in the sales process?

Select one answer.

In 2018 a business sold three products, X, Y and Z. Figure 1 shows the sales revenue generated for each of these products.

Sales revenue for products X, Y and Z in 2018

Using the information in Figure 1, calculate, to 2 decimal places, the percentage of total sales revenue made by product X in 2018. You are advised to show your workings.

Explain one drawback to a business from differentiating its product.

Explain one impact on a business from increased globalisation.

Discuss the impact on a business of becoming a public limited company (plc).