Business
Enterprise, ownership and objectives
- 1.
Fictional case: Amal runs a bakery as a sole trader. Explain unlimited liability and one implication for her personal assets.
[2 marks] · no calculator - 2.
Fictional case: a social enterprise sells refurbished computers and reinvests surpluses in affordable training. Distinguish its social objective from its financial objective.
[3 marks] · no calculator - 3.
Fictional case: a manufacturer closes a costly local plant to protect profits. Analyse a conflict between shareholders and employees and one possible compromise.
[4 marks] · no calculator - 4.
Fictional case: a family firm becomes a company with outside shareholders. Analyse how this can alter finance and control without assuming the shares are publicly traded.
[4 marks] · no calculator - 5.
Fictional case: a growing café offers franchise rights. Evaluate franchising rather than opening company-owned branches.
[4 marks] · no calculator - 6.
Fictional case: a listed retailer links managers' bonuses solely to annual profit. Evaluate whether this aligns decisions with shareholders' long-term interests.
[4 marks] · no calculator
Marking points are indicative, not an official mark scheme. Accept equivalent valid methods and supported interpretations that address the task; award each mark once without requiring the model wording.