CAIE IGCSE Business 0264 - Paper 1

4.2 Technology and production of goods and services

Topical Past-Paper Questions

Why it’s here: A new 0264 topic page ready for technology and production questions and specimen material.

CAIE IGCSE Business 0264 Paper 1 Topic 4.2

Key concepts to revise

The main ideas to know for 4.2 Technology and production of goods and services.

Automation

Machines can complete production tasks with limited human intervention.

Digital systems

Technology improves planning, design, inventory control and communication.

Benefits

Technology may raise speed, consistency, capacity and productivity.

Limitations

High cost, training, maintenance and job losses must be considered.

Exam material

Past-paper questions

Past-paper question 0264/01/SP/27

TGD is a primary sector business based in country X. It has 6 gold mines and 3000 employees. TGD uses many factors of production. The directors are considering whether to introduce new technology into TGD’s mines. TGD exports 80% of its gold. The managing director is concerned about how changes in country X’s exchange rate might affect TGD’s exports. She knows that TGD’s business activities can negatively affect the environment.

d) Do you think the advantages for TGD of introducing new technology are greater than the disadvantages? Justify your answer. [8]