IB BM 1.5 and 3.2 Review

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What are the FOUR components of a good recommendation for 10-markers in IB BM?

JJOD: judgement, justification, other option, dependent factors

Provide TWO differences between crowdfunding and microfinance.

Loans are made by microfinance organization, and microfinance targets underprivileged.

What is ONE disadvantage of using an overdraft as a source of finance?

Cost of borrowing is high due to high interest rates compared to other loan-bearing sources of finance

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