Business 7115 · O Level · Business finance: needs and sources

Business finance: needs and sources — practice question

(a)[8]

Explain four reasons why quality matters in a business.

(b)[12]

Here are the three finance sources Tokumbo could consider for the new vehicles. Which option should he select? Justify your answer. Leasing Bank loan Retained profit

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: To establish a brand image - so that customers are encouraged to buy the product and new customers are attracted

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