Identifyone companythat has recently (in 2020 or 2021) recalled one of its products due to a safety issue or defect. This company has been hired to make a plan of action to restore stakeholders' trust and demonstrate corporate responsibility.

Introduce the product recall: Describe the selected company and the product recall.

1. Identify stakeholder groups: Identify three distinct stakeholder groups that are being affected by this product recall.
2. Develop in-depth recommendations: For each of the stakeholder groups, propose one recommendation. Discuss the recommendations in depth.
3. Discuss for each recommendation how it will help to restore the company's ethical image from the perspective of that stakeholder group.
4. Discuss for each recommendation how it will help the company to remain successful in the future.
5. State and explain three ways in which governments could encourage businesses to invest
6. How might prospects of small businesses be affected by a very low level of economic growth?
7. How might a fall in the external value of a country's currency cause inflation?
8. (a) Define the term "free market economy."

(b) State three legal controls which affect the way in which business operates.

9. Explain why a producer of televisions might be worried by the possibility of an increase in the rate of interest.

10.Explain two possible threats resulting from switching from a central planning to an economy based on market forces to manufacturers.