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4 marksSize and Growth of Business

CAPE Management of Business Unit 2 · 2011 (Specimen) · Paper 2 · Question 5(a)(i)

A sole trader is considering business forms and the effects of macroeconomic changes.

Distinguish between a sole trader and a private limited company.

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Other parts of this question

  1. 5(a)(ii)Outline TWO advantages and TWO disadvantages of a private limited company compared to a sole trader.[8 marks]
  2. 5(b)Discuss THREE ways in which a change in the economic system of the country from a mixed economy to a planned economy could affect a sole trader's decision to…[13 marks]

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