O-LevelCommerceBusiness enterpriseOct/Nov 2024Paper 1 Q331 Mark
A study found that the rate of business failure in the first year is much higher for sole traders than for franchises. Which factor would explain this?
Afranchises attract more talented business people
Boperating as a franchise involves less risk
Csole traders are able to keep all profits
Dsole traders have a limited amount of capital to invest
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of business enterprise within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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