Question
Gina had just finished studying her Diploma. She plans to start a business. After consulting with family and friends, she had an idea, but does
Gina had just finished studying her Diploma. She plans to start a business. After
consulting with family and friends, she had an idea, but does not know what forms of
business should she start with.
Kindly advise Gina:
(a) The form of business organization that she may proceed with. (2 marks)
(b) Provide the justification, which may include THREE (3) advantage and
disadvantage each of why you suggest her that form of business. (12 marks)
(c) Propose to her what type of product or services that she can sell as a beginner
and provide your reasoning. (5 marks)
(d) List down any THREE (3) example of Agency Problem. (6 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started