Question 4

Content - 2 marks – Identifies two strategies OR identifies one strategy and defines cash flow
1 mark – Identifies one strategy or defines cash flow

Application – 2 marks – Well applied to the case study
1 mark – Limited application to the case study made

Analysis – 2 marks – Good analysis of the strategies
1 mark – Limited evaluation of the strategies

Points include:
If she had drawn up a cash flow forecast prior to opening the business she could have identified a period where she was short of cash
She could have applied for a flexible overdraft to cover her when she was short of cash
She could have liaised with suppliers and asked for trade credit to give her a longer period to pay