Quelpr

Other parts of this question

  1. 1(a)(i)Define the term 'private sector'.[2 marks]
  2. 1(a)(ii)Outline TWO ways in which a public sector business is different from a private sector business.[4 marks]
  3. 1(b)(i)Describe TWO characteristics of a co-operative.[4 marks]
  4. 1(b)(iii)List TWO types of private sector businesses, other than companies and co-operatives.[2 marks]
  5. 1(c)Discuss TWO ways in which a private company is LIKELY to change if it were to be nationalized.[6 marks]

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