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Cambridge IGCSE Business Studies practice

What is a primary reason businesses need finance?

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

Show answerBusiness finance: needs and sources revisionRevise the key idea

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MCQ

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cambridge_mcq

Style

Topic

Business finance: needs and sources

Exam-style question

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What is a primary reason businesses need finance?.

  1. A.To pay employees
  2. B.To purchase inventory
  3. C.To fund expansion
  4. D.To reduce taxes

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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.

    Aim for approximately 1 distinct marking point.

    [1]