Business 0450 · IGCSE · Business finance

Business finance — practice question

(a)[8]

Explain two business objectives Santhosh may have for RF.

(b)[12]

Assess the advantages and disadvantages of the three finance sources Santhosh could use when launching RF. Which source should Santhosh use? Justify your answer. • Owner’s savings • Microfinance • Crowdfunding

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Business survival - RF is a new start-up so the chance of failure is high

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