Business Ownership

Question 1

AQA Bussiness medium exam question

Explain one reason why might someone want to to start up their own bussienss[2]

Answer 1

One reason why might soemone want to start their own business is flexible working hours[1] that would allow them to fit work around their other prorities[1]

Question 2

AQA business topic question (medium)

Give me one reason why the objectives of a developed bussiness might change?[2]

Answer 2

The objective of a bussiness might change due to increased revenue[1] so the bussiness can start setting objectives to make profit i[1]

Revenue means the profit made by normal operations

Question 3

Explain one benfit to shareholders of limited libability[2]

Answer 3

There is guaranteed limit to shareholder’s losses[1] of the amount the shareholder has paid for their shares [1] if the bussiness fails.

Question 4

Explain one detail that could be agreed between patners and patnerships [2]

Answer 4

One detail that could be agreed between patners in patnerships is voting rights[1] which determines how much say when decisions are made[1]