QUESTION 6

You are to attend an entrepreneurship programme organized by the GIMPA Business and SOLASS students' association. The theme for the programme is dubbed "Startup options and Business ethics for successful young businessmen". The programme organizers have written to you to serve as a facilitator on the aforementioned theme. You are required to: a. In not more than four lines for each point discuss the reasons why you suggest starting up a business as a sole proprietor is the best option Marks) (6 b. In not more than four lines for each point, discuss why starting a business as an incorporated organization is not a preferred choice (6 marks) c. Applying the IFAC code of Ethics for Accountants, explain the ethics that young business person must follow in his business dealings in order to become successful. (5.5 Marks)

QUESTION 6 You are to attend an entrepreneurship programme organized by the GIMPA Business and SOLASS students' association. The theme for the programme is dubbed "Startup options and Business ethics for successful young businessmen". The programme organizers have written to you to serve as a facilitator on the aforementioned theme. You are required to: a. In not more than four lines for each point discuss the reasons why you suggest starting up a business as a sole proprietor is the best option Marks) (6 b. In not more than four lines for each point, discuss why starting a business as an incorporated organization is not a preferred choice (6 marks) c. Applying the IFAC code of Ethics for Accountants, explain the ethics that young business person must follow in his business dealings in order to become successful. (5.5 Marks)