(a)[8]
Explain two advantages and two disadvantages for a business of taking out a bank loan as a source of finance.
(b)[12]
Consider the strengths and weaknesses of the following three promotion methods PF could use for its new product range. Which is most likely to be the best method for PF to use to increase sales? Justify your answer. • Leaflets handed out in the street • Billboards on the side of a main road • Discounts on first purchase