IGCSE, A Level Business Student Forum

{KN} A sole trader is the one somley responsible for investing capital into a business without any additional partnerships. {APP} For example a business going towards bankruptcy, there would only be one sole person trying to fund it and banks wont let it loans as it would be a risker investment ...

{KN} Private limited companies tend to have limited liability which protects there personal assets incase of any buisness failure and full legal control and ownership of the buisn. {APP} for example if the owner dies it wont affect the buisness production the ownership will get transferred according ...

DISADVANTAGES:
{KN} Due to partnership there is a share of profits and shares btw the partners and no decisions can be made without mutual agreement. {APP} for example once the business grows and starts making profit each partner will get its own unit and no amendments can be done on it without ...

ADVANTAGES:
{KN} Joining two or more ppl results in higher capital available ready for investment with unique ideas {APP} for example a cereal company aiming for growth can fulfill its goal faster than a sole trader company due to more availability of resources {ANL} therefore leading to better ...

{KN} a sole trader is a person who handles and owns the business solemnly. {APP} for example a small made from home crochet business , looking into orders and and doing all production by themselves. {ANL} this allows them to take decisions on there own hand, making quicker decisions, giving full one ...

Q.Sir which structure of comparison would look better to the examiner?
ANS A: [KN] A positive impact of de-industrialisation is that economies shift towards the tertiary sector, creating more high-skilled and better-paid jobs in areas such as finance, IT, and healthcare. [APP] This can raise living ...

[KN] Global competition can lead to de-industrialisation in a developed country because cheaper imports from low-cost nations make local manufacturing less competitive. [APP] Domestic firms may close factories as they cannot match lower wages and production costs abroad. [AN] This results in job ...

[KN] A government is a major employer in the tertiary sector because it provides essential services such as healthcare, education, policing, and administration. [APP] These services are vital for the welfare of citizens and cannot be left entirely to private businesses. [AN] Governments also employ ...

[KN] The development of the internet has led to growth in the tertiary sector by creating new services such as online banking, education, and shopping. [APP] It has made communication faster and cheaper, increasing demand for IT and telecom services. [AN] E-commerce platforms like Amazon and eBay ...

[KN] Transport services are important for a manufacturing business because they allow raw materials to be delivered on time for production. [APP] They also help finished goods reach retailers and consumers quickly, increasing sales. [AN] Efficient transport lowers costs by reducing delays and damage ...

[KN] The tertiary sector has grown in developed economies because rising incomes increase demand for services such as education, healthcare, and tourism. [APP] Advances in technology have also created new service industries like IT and finance. [AN] In addition, de-industrialisation has reduced ...

[KN] One reason for de-industrialisation in developed countries is the movement of manufacturing to lower-cost nations. [APP] Many firms relocate factories abroad where wages and production costs are cheaper. [AN] This makes it difficult for domestic industries to compete, leading to a decline in ...

[KN] One way a manufacturing business can be affected by new environmental laws is through higher costs. [APP] For example, firms may need to invest in cleaner machinery or waste disposal methods, which raises expenses. [AN] Another way is restrictions on pollution, which may limit production ...

[KN] The primary and secondary sectors are linked because the secondary sector depends on raw materials provided by the primary sector. [APP] For example, farmers grow sugarcane in the primary sector, which is then used by food processing factories in the secondary sector to make sugar. [AN] Without ...

[KN] A country may want to encourage growth of its secondary sector because it creates jobs and reduces unemployment. [APP] It can also increase national income as more goods are produced and sold. [AN] Manufacturing industries add value to raw materials, boosting exports and improving the balance ...