Question $2(26$ marks$)$

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$($a$)$ Provide THREE important reasons why companies should care about being$$

environmentally sustainable and socially$$responsible$.(9$ marks$)$

$1.$

$2.$

$3.$

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$($b$)$ Identify any THREE attributes from Porter's Diamond theory of national

competitive$$advantage and for each attribute describe ONE measure through

which the government can$$influence it in order$$to improve the country's$$

Competitive$$advantage$.(4$X$3$marks$=12$ marks$)$

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Porter's Diamond Attribute $1$:$\_$

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Measure to improve competitive advantage

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Porter's Diamond Attribute $2$:

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Measure to improve competitive advantage:

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Porter's Diamond Attribute $3$:

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Measure to improve competitive advantage:

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$($c$)$ Is it$$true that$$free trade provides overall economic$$benefit to countries$?$If

yes,$$then$$why do$$governments frequently face strong domestic political pressure

for intervention in trade$?(5$marks$)$

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