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6 marksBusiness Planning and Feasibility

CSEC Principles of Business · 2022 · Paper 2 · Question 1(d)

Explain one advantage of short-term planning and one advantage of long-term planning for successfully operating a business.

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Other parts of this question

  1. 1(a)(i)Identify two primary categories of research data she must collect to set up the business.[2 marks]
  2. 1(a)(ii)State one source for each category of data identified in (a)(i).[2 marks]
  3. 1(b)State four reasons why Joanne may desire to establish her own enterprise.[4 marks]
  4. 1(c)Outline three steps that Joanne must take when establishing the cosmetic business.[6 marks]

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