A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2018 · Q11 Mark
Which statement by a company is normative?
AIn the past three years we have carried out the biggest merger acquisition in the group's history.
BThe business has fallen behind competitors and needs to improve its ethical standards.
CThe growth of the business has been in retail and financial services.
DThe structure of the business has been simplified.
✓ Correct answer
B: The business has fallen behind competitors and needs to improve its ethical standards.
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