A-LevelBusiness StudiesBusiness and its environment9609/12 · May/June 2020 · Q25 Marks

Define the term 'private sector'.

(a)Define the term 'private sector'.[2]
(b)Explain two advantages that a business in the public sector may have that a business in the private sector may not.[3]

Mark scheme

Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.

Businesses owned and controlled by an individual or groups of individuals. (2)
Not owned/controlled by the government. (1)
Answers could include:
• Possibly easier access to finance because they are funded by a government.
• They are not under pressure to make a profit because they are often/usually providing essential goods and/or services.
• They do not have to pay dividends to shareholders.
• They are frequently large businesses that benefit from economies of scale.

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Topic: Business and its environment, A-Level Business Studies (syllabus 9609). Structured question, 5 marks.
Source: A-Level Business Studies, May/June 2020 Paper 1 Variant 2, question 2.

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