Business 0450 · IGCSE · Enterprise, business growth and size
Explain four reasons why governments might back business start-ups.
Consider the benefits to Yasin of the two sections of his business plan shown in Appendix 1. Which section do you think helped him most when starting his business? Justify your answer.
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “To cut unemployment - new firms generate jobs, so unemployment in the country falls / less welfare benefit has to be paid” …