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Edexcel GCSE business unit 1

What was the answer to the patent one?????

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Ownership of process or invention and sole rights of use one
Original post by Lauren0812
Ownership of process or invention and sole rights of use one


Lost a mark :frown:
Reply 3
What did you get for the cash flow question? The first one
What did you guys get for question 10 about why do small businesses fail in the first 2 years
Reply 5
Something about products not oriented and rapid growth over expasion, wbu?
Original post by lolol9
Something about products not oriented and rapid growth over expasion, wbu?


Yeah I ticked those!
what did u guys tick for the economic growth question
i ticked smaller premises and reduce order from supplier i think i got that wrong
and for the question about the venture capitalist what did u guys write
Reply 8
Original post by ameenatariq
Yeah I ticked those!


Great! hopefully its correct, what did you tick for the cash flow question at the start?
Reply 9
How did everyone finds today's exam? I found it quite difficult tbh
Original post by lolol9
Great! hopefully its correct, what did you tick for the cash flow question at the start?


I ticked B I can't remember the actual figure
Original post by Maryam_Alayha14
what did u guys tick for the economic growth question
i ticked smaller premises and reduce order from supplier i think i got that wrong
and for the question about the venture capitalist what did u guys write

Oh I ticked increase product range and recruit more staff
Why were some people saying that the the answer to the benefits of a patent is
D.) Insurance policy that provides protection for 20 years
I thought it was:
C.)Sole rights of the use of the product
A.)Ownership of a process or an invention
Original post by ameenatariq
I ticked B I can't remember the actual figure


B.) -4000

It was correct as:
Opening Balance: £10,000
Inflow: £14,000
Outflow: £28,000
Original post by jj.repinec
Why were some people saying that the the answer to the benefits of a patent is
D.) Insurance policy that provides protection for 20 years
I thought it was:
C.)Sole rights of the use of the product
A.)Ownership of a process or an invention

Yeah you got it right.
Original post by ameenatariq
Yeah you got it right.


But online it says that a patent does actually last for 20 years and if other forums there are people who are saying its A and D
Original post by jj.repinec
But online it says that a patent does actually last for 20 years and if other forums there are people who are saying its A and D


My business teacher said it was C
Original post by ameenatariq
My business teacher said it was C


I really hope it is but there are contradictory answers in this forum:
http://www.thestudentroom.co.uk/showthread.php?t=4117109&page=3
Original post by jj.repinec
I really hope it is but there are contradictory answers in this forum:
http://www.thestudentroom.co.uk/showthread.php?t=4117109&page=3


i hope its the insurance policy lol!!
Original post by ameenatariq
i hope its the insurance policy lol!!


There's a possibility that it all three answers can be right like it did in a past paper

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