Question 1
Explain one benefit to Tom Pellereau of using a business angel as a source of finance.
(4)
Using the data in Extract B, calculate the acid test ratio for Stylideas Ltd in 2024 to 2 decimal places. You are advised to show your working.
(4)
Assess whether Stylideas Ltd’s distinctive capability of innovation is the main reason for its success.
(10)
Assess the likely effects on Stylideas Ltd of changes in the UK business cycle.
(12)
As Stylideas Ltd grows, Tom Pellereau is considering whether to change its current role culture to a power culture to maintain the business’ success.
Evaluate these two options and recommend which one Tom Pellereau should choose to maintain the business’ success.
(20)