Business 7115 · O Level · Location decisions

Location decisions — practice question

(a)[8]

Explain two benefits and two drawbacks of creating a business as a private limited company.

(b)[12]

Think about the three factors below that influence the location of TT’s shop. Which location in Appendix 1 should Tandeep select? Justify your answer. - Customers in the area - Rent - Types of shops nearby

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Can obtain capital through selling shares - may raise more capital than a sole trader / partnership

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