BUSINESS AS

Written examination: 1 hour

40% of the qualification

This component focuses on new business start-ups and small and medium sized enterprises (SMEs). The content in this section is based around the concept of starting a new business and the issues that surround the process of planning a new business. In addition to covering the main concepts of setting up a new business, you should be aware of other types of business organisations and the markets they operate in and their various stakeholders.