Business Paper 1: Investigating Small Businesses is designed to assess students’ understanding of the dynamics and challenges faced by small enterprises. This paper typically explores topics such as business planning, market research, financial management, and the operational aspects of running a small business. Students are expected to analyze case studies, evaluate business strategies, and apply theoretical concepts to practical situations involving small businesses. The exam tests their ability to critically investigate and assess the various factors that influence the success and sustainability of small enterprises, providing a foundation for understanding the intricacies of business management and entrepreneurship.