Paper 1 Flashcards

1
Q

A loss a business entrepreneur should take

A

Lack of security, business failure, financial loss

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2
Q

One drawback to secondary research compared to primary research

A

Not specific to business

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3
Q

Non financial objectives of a business

A

Survival, Independence, being ethical

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4
Q

Drawback of a sole trader

A

Unlimited liability

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5
Q

3 main areas in employment legislation

A

Recruitment, pay and discrimination

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