Question: Question Two (25 Marks) (Word count 100 words) Merrythought is a business that makes teddy bears, located in Ironbridge, Shropshire, in the United Kingdom. The

Question Two (25 Marks) (Word count 100 words)
Question Two (25 Marks) (Word count 100 words) Merrythought is a business that makes teddy bears, located in Ironbridge, Shropshire, in the United Kingdom. The business was founded years ago by Gordon Holmes. It is a private limited company, still owned by the Holmes family and is currently run by Gordon Holmes's great-granddaughter Sarah Holmes. The business has approximately 25 employees and does all its manufacturing in England. It makes a large number of different styles of teddy bears, ranging from "traditional British bears, to special occasion bears and various" novelty' bears. A. Identify and define the type of business the Holmes family is conducting. Justify your answer B. List its advantages and disadvantages

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