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Business Studies · May / June 2017 · Paper 12 · Question 3

7115

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The question as text

Five years ago Manisha started making cakes for celebrations, such as weddings and birthdays, from her home. Now she has a small shop and 3 employees. Product quality is important to her business. Manisha said: ‘I have benefited from the economic boom but I did not expect demand to increase by 500% each year. Somehow I have managed to cope with higher interest rates and all the challenges of being a sole trader. The business is profitable at last but I have to work every day.’ A friend has offered to become Manisha’s business partner.

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Show the answer and mark scheme
  • 3(a)[2]

  • 3(b)[2]

  • 3(c)[4]

  • 3(d)[6]

  • 3(e)[6]

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