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Cambridge IGCSE Business Studies practice

Paper 1 structured question: Enterprise, business growth and size

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Enterprise, business growth and size

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Paper 1Short Answer and Data Response2 marks

Understanding the limitations of business size assessment methods is crucial.

Description

Limitations of Business Size Assessment

While assessing business size, it is important to recognize the limitations of each method used, such as employee count, output value, and capital employed.

  1. a

    Explain one limitation of using employee count as a measure of business size

    Aim for approximately 2 distinct marking points.

    [2]

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Paper 1 structured question: Enterprise, business growth and size

Paper 1Short Answer and Data Response1 marks

Description

Methods of Assessing Business Size

Businesses can be assessed by various methods such as employee count, output value, and capital employed. Each method has its own strengths and weaknesses.

  1. a

    State one method for assessing business size

    Aim for approximately 1 distinct marking point.

    [1]