(a)[2]
Define what the term venture capital means.
(b)[3]
Explain one disadvantage of using trade credit as a source of finance.
Business 9609 · AS & A Level · Sources of finance
Sources of finance — practice question
Worked solution & mark scheme
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Clear definition: venture capital is investment funding/risk capital supplied by venture capitalists/venture capital companies from an outside source, generally in return for an ownership/share of the business, to start/grow/expand a business.” …
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