The appropriateness, advantages & disadvantages of sources of finance for a given situation
This section of the IB Business Management syllabus examines the appropriateness, advantages and disadvantages of different sources of finance for a given situation (AO3).The appropriateness of different sources of finance depends on numerous factors, which can be remembered by the acronym SPACED, as explained below.The larger the size of a business, the greater the choice of finance there tends to be. For example, public...