2

Business Management HL Paper 2 (November 2024, TZ2)

  1. Daniel Moon

(a) State two features of a sole trader. [2]

(b) Using the information in Table 2 and Table 3, complete the following cash‑flow forecast, all figures in $, for Daniel’s new garden design business for the first four months of operation in 2025. [4]

(c) Daniel also created a critical path diagram for a garden design project (Figure 1).

Figure region page 9
Figure region from page 9

(i) Using Figure 1, determine the critical path and write the activities of the critical path in the boxes below; [1]

(ii) Using Figure 1, calculate the minimum amount of time required for Daniel to finish a garden design project (no working required). [1]

(d) Explain one advantage for Daniel of using critical path analysis for a garden design project. [2]