CSEC Principles of Business · May/June 2015 · Paper 2 · Question 1(c)(iii)
State TWO characteristics of a sole proprietorship.
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Practise this questionOther parts of this question
- 1(a)(i)Define the term 'profit'.[2 marks]
- 1(a)(ii)Define the term 'enterprise'.[2 marks]
- 1(a)(iii)Define the term 'specialization'.[2 marks]
- 1(b)Identify the names of TWO franchises in the Caribbean.[2 marks]
- 1(c)(i)State TWO characteristics of a partnership.[2 marks]
- 1(c)(ii)State TWO characteristics of co-operatives.[2 marks]
- 1(d)(i)Describe ONE role of employers as stakeholders in business.[3 marks]
- 1(d)(ii)Describe ONE role of employees as stakeholders in business.[3 marks]
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