Sleeping Partners invest in the business but do not have dealings in the day to day running of the enterprise.

Prepare for the WJEC GCSE Business Studies Test with interactive quizzes and detailed explanations. Enhance your knowledge on key business concepts and boost your exam confidence.

Multiple Choice

Sleeping Partners invest in the business but do not have dealings in the day to day running of the enterprise.

Explanation:
A sleeping partner is a partner who invests capital into the business but does not take part in day-to-day management. This description matches the statement because the person provides funds yet stays out of running the enterprise. They may still share in profits (and losses) as agreed, but they don’t make ordinary business decisions. They’re also known as a silent or dormant partner. The other options don’t fit: an entrepreneur is someone who starts and actively runs a business, a service is a type of activity, and the private sector is a sector of the economy, not a role within a business.

A sleeping partner is a partner who invests capital into the business but does not take part in day-to-day management. This description matches the statement because the person provides funds yet stays out of running the enterprise. They may still share in profits (and losses) as agreed, but they don’t make ordinary business decisions. They’re also known as a silent or dormant partner. The other options don’t fit: an entrepreneur is someone who starts and actively runs a business, a service is a type of activity, and the private sector is a sector of the economy, not a role within a business.

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