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4 marksLocation, Regulation and Financing of a Business

CSEC Principles of Business · January 2013 · Paper 2 · Question 4(a)

Ravi is a sole trader planning to expand his ice cream production to two additional outlets due to growing demand.

Identify FOUR factors that would determine where Ravi locates his business.

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Other parts of this question

  1. 4(b)(i)Explain how Ravi could use backward linkages with other businesses to ensure further growth of his business.[2 marks]
  2. 4(b)(ii)Explain how Ravi could use forward linkages with other businesses to ensure further growth of his business.[2 marks]
  3. 4(c)Outline TWO advantages and ONE disadvantage of Ravi using technology to produce his product.[6 marks]
  4. 4(d)Discuss ONE positive effect and ONE negative effect of Ravi expanding his business.[6 marks]

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