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9 marksEconomic Sectors and Legal Structures

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

The government owns and operates a banana chips factory in the capital of Corona and has chosen to privatize it to boost economic development.

Explain THREE ways in which the privatization of the banana chips business could benefit the economic development of PanJam.

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Other parts of this question

  1. 1(a)(i)Outline ONE way in which primary industries are important to national economic development.[2 marks]
  2. 1(a)(ii)Outline ONE way in which secondary industries are important to national economic development.[2 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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