What's covered
Key facts
Environmental impact and sustainability
A carbon footprint is the total greenhouse gases linked to an activity, product or organisation.
Ethical business practices
Using child labour to make cheap clothes is an example of unethical business behaviour.
Imports and exports
Goods bought from abroad are called imports.
Local, national and global businesses
A small local shop can struggle against a national chain because chains buy in bulk and charge lower prices.
Multinationals and globalisation
Coca-Cola operating across many countries is an example of a multinational company.
Technology changing how businesses work
Artificial intelligence (AI) is technology that lets computers perform tasks that normally need human intelligence, such as recognising patterns or learning from data.
Environmental impact and sustainability
A carbon footprint is the footprint that shows greenhouse-gas use.
Ethical business practices
Some customers are willing to pay more for products made ethically.
Imports and exports
Countries import goods they cannot produce easily to give consumers variety and lower prices.
Local, national and global businesses
Many global brands started as small local businesses (Apple, McDonald's, Coca-Cola).
Sample questions
A taste of the 56 questions in this topic, answers marked. Sign up to practise the full set with spaced repetition.
Which is a way for a business to reduce its environmental impact?
- •Buying cheaper diesel lorries
- •Shipping goods by air freight
- •Using more single-use packaging
- ✓Using renewable energy in factories
Which is an ethical business decision?
- •Choosing the cheapest supplier always
- ✓Paying suppliers a fair price
- •Paying suppliers as late as possible
- •Raising prices during a shortage
Which is an example of a UK export?
- •Bananas eaten in Manchester
- •Coffee beans drunk in London
- •Olive oil bought in Birmingham
- ✓Scotch whisky sold in Japan
Which is a local business in most UK towns?
- ✓A family-owned corner shop
- •Apple Inc. globally
- •Microsoft worldwide
- •Toyota Motor Group
Which is an example of a multinational company?
- •A market stall on one street
- •A one-shop bakery in a village
- •A single family-owned café in Hull
- ✓Coca-Cola Company across many countries
Which technology lets staff work from home?
- •A landline fax machine in the office
- •A printed paper memo sent by post
- •A shared noticeboard in the staff room
- ✓Video calls and cloud collaboration tools
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