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2 marksTypes of Economic Activity

CAPE Management of Business Unit 1 · 2018 · Paper 2 · Question 1(a)(i)

The government of PanJam Island is shifting focus from primary to secondary industry to stimulate economic development.

Outline ONE way in which primary industries are important to national economic development.

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Other parts of this question

  1. 1(a)(ii)Outline ONE way in which secondary industries are important to national economic development.[2 marks]
  2. 1(b)Explain THREE ways in which the privatization of the banana chips business could benefit the economic development of PanJam.[9 marks]
  3. 1(c)Discuss THREE ways in which a well-written mission statement for Newstart Co. Ltd could assist the enterprise in becoming more profitable.[12 marks]

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