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Terry

0450-19-F-M-12-1c

Chan

TOPIC QUESTION - PAPER 1

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Chan

May 30, 2021 at 7:24:47 AM

Feb/Mar 2019

Version 2

1.0 Understanding Business Activity

1.4 Types of Business Organization

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YOUR ANSWER

Reason 1: They are able to raise more capital with more partners in the business. They will need more funds if James decide to move to a larger shop.

Reason 2: They are able to share workload. More partners means, the workload will be shared among them. As such it would not burden Anna and James to manage different ice-cream shops in different location to avoid poor customer service.

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