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Exam-style practice

Business finance: needs and sources answer explanations

Review worked answers and explanations for Business finance: needs and sources. Aligned to Cambridge IGCSE Business Studies.

Answer explanations

Question 1 of 4

Review the answer support, then move sideways through the set.

Paper 1 structured question: Business finance: needs and sources

Paper 1Short Answer and Data Response1 marks

Description

Expansion of Bakery Operations

The bakery currently operates with a small team and has a steady customer base. They are looking to add a café to attract more customers and increase sales.

  1. a

    State one reason why the bakery needs finance for this expansion.

    [1]