Discuss dividend policy and any three factors that influence the type of dividend policy a company would choose. (7 marks)

Discuss the importance of Corporate Social Responsibility (CSR) when managing an organization. (6 marks)

A colleague of yours recently retired and would like to start a business, but she is unsure of what form of business to set up. You have been approached to advise your colleague regarding this matter. Explain to your colleague the different forms of business she can set up, the benefits and drawbacks of each of them.