MYTUTOR SUBJECT ANSWERS

534 views

Explain why _____ chose to start his new business as a sole trader. (6 marks)

Command word: Explain

This means that in order to score the 5-6 marks range, a detailed response with reasons for how something will benefit for improve a particular phenomenon is necessary. 

The 6-mark question can be answered by 3 benefits of being a soletrader, each worths 2 marks with 1 being the justified reason and the other being the further explanation of the reason:

1. Soletraders have full control over the business (1 mark), since they will be the only owner and will run the business without the interference of others (another 1 mark).

2. Easier way to set up a business (1) since soletraders deal with less legislations and regulations compared to other typs of businesses (1).

3. Soletraders can make decision quickly (1) since they do not need to confer with other decision makers (1).

Hence this should allow the respondent to get a total of 6 marks for the question.

Christy C. GCSE Business Studies tutor, IB Business Studies tutor, GC...

2 years ago

Answered by Christy, a GCSE Business Studies tutor with MyTutor


Still stuck? Get one-to-one help from a personally interviewed subject specialist

20 SUBJECT SPECIALISTS

£18 /hr

Carlota O.

Degree: Computer Science (Bachelors) - University College London University

Subjects offered:Business Studies, Physics+ 2 more

Business Studies
Physics
Maths
Computing

“About meI am a Computer Science student at University College London. I have a passion for math and sciences and I look forward to help out with any of these areas.In high school, I completed the International Baccalaureate programm...”

£18 /hr

Nathan B.

Degree: International Relations and Politics (Bachelors) - Sheffield University

Subjects offered:Business Studies, Maths+ 1 more

Business Studies
Maths
History

“My love for teaching and learning will shine through and ensure that every student achieves what they want to achieve!”

£18 /hr

Tanya K.

Degree: Politics and International Studies (Bachelors) - Warwick University

Subjects offered:Business Studies, Psychology+ 5 more

Business Studies
Psychology
French
English and World Literature
English Literature
-Personal Statements-

“Studying Politics and International Studies at the University of Warwick. Blogger for the Huffington Post.”

About the author

£18 /hr

Christy C.

Degree: Business and Management (Bachelors) - Exeter University

Subjects offered:Business Studies, Mandarin+ 1 more

Business Studies
Mandarin
English Language

“Top tutor from the renowned Russell university group, ready to help you improve your grades.”

MyTutor guarantee

You may also like...

Other GCSE Business Studies questions

How do i get all the marks from a long answer question?

Describe two potential pricing strategies that a firm may adopt when entering a new market (4)

What is the difference between limited and unlimited liability?

Define a franchise and explain the benefits to becoming a franchisee.

View GCSE Business Studies tutors

We use cookies to improve your site experience. By continuing to use this website, we'll assume that you're OK with this. Dismiss

mtw:mercury1:status:ok