Download Kingfisher_Caravan_Parks_Mark_Scheme.docx

Kingfisher Caravan Parks Mark Scheme
Answers for converting to a PLC may include
Allows additional finance to be raised which can be used to invest in the parks, for example,
newer caravans, better onsite facilities to cater for younger families (swimming pool,
amusements etc)
Maintains the current limited liability status
Business may be viewed in a better light i.e. customers may trust a PLC more than an LTD
Answers for remaining as an LTD
Potential loss of control due to outside investment
Possible takeover of the business by a rival caravan park
Dividends need to be paid to additional shareholders
Level
Descriptor
Marks
3
4-3
2
AO2
0
Analyses issue(s) relating to
converting to a PLC for Kingfisher
Describes issues relating to
converting to a PLC for Kingfisher
Identifies issue relating to converting
to a PLC
No valid response
Assessment
Objective
AO3
Level
Descriptor
Marks
E2
Offers judgement plus clear
justification
Offers judgement plus limited
justification
5-3
2
1
E1
1
AO1
0
2-1
Assessment
Objective
AO3 and quality
of written
communication