Which one of the following is a disadvantage of starting a partnership? Select one answer. A Business owners have different skills B Can be easier to raise finance C Business decisions affect all partners D Financial information is kept private Figure 1 shows the sales revenue of a business from January to April.

GCSE Edexcel Business Business ownership: Which one of the following is a

Which one of the following is a disadvantage of starting a partnership? Select one answer - Edexcel - GCSE Business - Question 3 - 2021 - Paper 1

Question 3

Which one of the following is a disadvantage of starting a partnership? Select one answer. A Business owners have different skills B Can be easier to raise financ... show full transcript

Worked Solution & Example Answer:Which one of the following is a disadvantage of starting a partnership? Select one answer - Edexcel - GCSE Business - Question 3 - 2021 - Paper 1

Step 1

Identify the disadvantage of starting a partnership

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Answer

In evaluating the options, the main disadvantage of starting a partnership is based on the control of decision-making and financial transparency. The correct answer is:

C Business decisions affect all partners.

This option indicates that all partners are involved in the decision-making process, meaning that disagreements can arise, potentially leading to conflicts. While options A, B, and D present advantages or neutral aspects, it is option C that highlights the inherent risk in partnerships.

Which one of the following is a disadvantage of starting a partnership? Select one answer - Edexcel - GCSE Business - Question 3 - 2021 - Paper 1

Worked Solution & Example Answer:Which one of the following is a disadvantage of starting a partnership? Select one answer - Edexcel - GCSE Business - Question 3 - 2021 - Paper 1

Identify the disadvantage of starting a partnership

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