Cambridge IGCSE Business Studies practice

Paper 1 structured question: Business finance: needs and sources

Try the question first, then check the answer and practise the same topic again.

At a glance

Paper

Marks

Topic

Business finance: needs and sources

Exam-style question

Try this first

Paper 1Short Answer and Data Response1 marks

A small business is considering its financing options for expansion.

Description

The business needs £50,000 for a new project and is evaluating its options.

a
State one internal source of finance suitable for the business.
Your answer
Aim for approximately 1 distinct marking point.
[1]

0 of 1 part answered

Answer every part before opening the mark scheme.

Common mistake

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Flashcard 1 of 6

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Paper 1Short Answer and Data Response3 marks

Description

The startup is considering micro-finance and crowd-funding as potential sources of finance.

a
Explain the significance of crowd-funding for startups.
Your answer
Aim for approximately 3 distinct marking points.
[3]