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Homework 1
Five years ago, Christine decided to run her own business. She received
a redundancy payment as branch manager of a bank and decided to start
her own online shop designing and selling smartphone covers. She has
always been artistic and creative.
Christine now works longer hours than she did at the bank but enjoys
running her own, successful business.
1. Identify two motives that Christine had for starting her own business. [2]
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Teacher feedback:
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Target for improvement:
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DIRT (Dedicated Improvement and Reflection Time)
Show evidence of how you have improved your work.
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M Green GCSE Business Studies
Homework 6
Sole trader: Agree or Disagree?
Do you agree or disagree with the following statements about sole proprietors? Tick
the relevant box.
Agree Disagree
Eddie Stobart started an agriculture business in the 1940s. By 1970, this had
become Eddie Stobart Ltd, and had expanded to a haulage company.
In March 2017 the company - known for its green and red lorries -
announced plans to raise £130m by listing on the London Stock Exchange.
2. Explain one advantage and one disadvantage of Eddie Stobart Ltd becoming
a public limited company. (4)
Advantage
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Disadvantage
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Yes / No / Unclear
Carla Carr and Sarah Leggett both work as
toilet cleaners but Sarah gets paid £10.00
Explanation…
an hour and Carla only £8.00.
Yes / No / Unclear
Connor Friend uses a wheelchair to move
around, and he wants to get a job as a
motor mechanic at Mick’s Garage. They Explanation…
refuse to interview him for employment.
Yes / No / Unclear
Caitlin Fuller is aged 25 and is asked in an
interview whether she intends to become
Explanation…
pregnant in the next year.
2. Nigel makes hand-made greetings cards for 40 hours a week. He gets paid
a piece rate of 50p per card and normally produces 500 cards a week. He
pays £40 in deductions per week. What is Nigel’s weekly gross pay?
a. £210
b. £250
c. £290
d. £460