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Cambridge IGCSE Business Studies practice

Paper 1 structured question: Enterprise, business growth and size

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

Attempt questionEnterprise, business growth and size revisionRevise the key idea

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1

Paper

4

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Topic

Enterprise, business growth and size

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Paper 1Short Answer and Data Response4 marks

The impact of management on business success.

Description

Management Skills and Business Success

Effective management is crucial for navigating challenges and making strategic decisions. Poor management can lead to business failures, especially in new ventures.

  1. a

    Explain how inadequate management skills can lead to business failure

    Aim for approximately 4 distinct marking points.

    [4]

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Paper 1 structured question: Enterprise, business growth and size

Paper 1Short Answer and Data Response1 marks

Description

Factors Leading to Business Failures

Business failures can arise from various factors, including inadequate management skills, environmental changes, and liquidity issues. New businesses face heightened risks due to their lack of experience and financial stability.

  1. a

    State one reason why new businesses are at higher risk of failure

    Aim for approximately 1 distinct marking point.

    [1]