Page 459 - Cambridge IGCSE Business Studies

IGCSE Business Studies Student CD-ROM

7 What happens to the cost of imports when the currency of a country depreciates?
A It stays the same.

B It becomes more expensive.
C It becomes cheaper.

D It becomes the same as the price of exports.

8 What is the main aim of pressure groups?
A To take care of the environment.

B To demonstrate.

C To influence government policy and business actions.
D To reduce energy consumption.

9 The effect of business activities on unrelated parties is known as:
A externality
B opportunity cost

C cost-benefit analysis
D globalisation.

10 Business activities that meet present needs without harming the future are said to be:
A renewable

B sustainable
C ethical

D profit-making.

11 Which of the following is not an aspect of corporate social responsibility?

A Social costs
B Social benefit

C Interest of stakeholders
D Price of goods

12 Which of the following is an example of an unethical business practice?
A Selling products at competitive prices.
B Advertising products on television.

C False advertising of products and services.
D Payment of overtime for extra work done by workers.

13 The process by which countries are connected with each other because of the trade
of goods and services is known as:
A import and export

B globalisation
C balance of payments
D free trade agreements.

© Cambridge University Press 2014 IGCSE Business Studies Section 6 – Multiple choice 2