Business 9609 · AS & A Level · Business structure

Business structure — practice question

(a)[2]

Define what is meant by ‘private limited company’.

(b)[3]

Briefly explain one advantage and one disadvantage to a business of operating as a public limited company, instead of as a private limited company.

Worked solution & mark scheme

This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “A business of small to medium size” …