A. Business creates the economic growth. Business is all about exchange. One party provides products or services, the other party will buy that products or services. When there is the exchange, there always be a consumption. Consumption is a component of GDP. The more people exchange, the more consumption occurs. If the country has high consumption, its GDP will increases.
Explain the economic cycle
(People consume, business people have money, it creates business expansion, there are more jobs, people got jobs and have money. Finally, the economic will grow.
B. the government collect taxes. They use taxes to build infrastructure e.g. road, park, building etc. People have jobs e.g. labor who built the infrastructure for the government. Then the country is better (having good infrastructure and people have job), foreign can invest in that country. For example, infrastructure creates better transportation ways, so it facilitates international trade. Then there are FDI and Exports which are the components of GDP. (After that you can explain like the Question A., the government creates economic growth. The government helps businesses By make sure economy cycle running well.)
- To grow from regionally to globally, business people need to know other cultures. Find good products to exchange. Be friendly and crates win-win situation.
C. Business people can use IOT to create better products. One way to success is finding a good product. If there is a good and innovative product, customers will want to buy that product. Then there is an exchange. You can also talk about how IOT met an unmet need of customers from other countries.