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CAIE IGCSE Business Studies 1.4.1 Different Types of Business Organisation Questions

Practise organisation-type questions by defining features, explaining advantages or disadvantages and recommending a suitable form.

Syllabus
2027–2029
Course
Business 0264

Exam points

  • Explain ownership features such as unlimited liability, control, finance and shared debts.
  • Apply benefits or drawbacks to the business, such as a sole trader or partnership case.
  • Justify whether franchising or another organisation type fits the expansion situation.

CAIE IGCSE Business Studies 1.4.1 Different Types of Business Organisation Questions question 1

[Maximum number: 2]

CFG is a social enterprise. It buys cocoa beans from local farmers and then uses the beans to make chocolate. Being ethical is important to the business. CFG has developed a new chocolate bar. The Marketing Manager plans to use skimming as its pricing method, and retailers as its distribution channel for the new product. He knows there are many legal controls over marketing that might affect a business.

Define 'social enterprise'.

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