Edexcel AS/A Level Business - Theme 2 With Correct Answers -2024/ Edexcel A level business theme 4 Questions with correct answers-2024/A LEVEL EDEXCEL BUSINESS PAPER 1 With Questions And Answers -2024/Edexcel Business Studies A Level Questions With Answers -2024
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Economies of Scale - Answer Factors that cause costs per unit to fall as production increases Franchise - Answer A business that sells the rights to use its name and trading methods Generic Brand - Answer A brand that is so famous that people use its name instead of the name of the produ...
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Add to cartEconomies of Scale - Answer Factors that cause costs per unit to fall as production increases Franchise - Answer A business that sells the rights to use its name and trading methods Generic Brand - Answer A brand that is so famous that people use its name instead of the name of the produ...
mass market - Answer a market that targets a large segment - products are standardised niche market - Answer a market that targets a small segment - customers have specific needs that aren't catered by the mass market brand name - Answer a name, sign, symbol or other feature that allows...
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Add to cartmass market - Answer a market that targets a large segment - products are standardised niche market - Answer a market that targets a small segment - customers have specific needs that aren't catered by the mass market brand name - Answer a name, sign, symbol or other feature that allows...
BRICS - Answer Brazil, Russia, India, China & South Africa Indicators of growth - Answer Statistics that show the extent to which a country is increasing in size Equation of GDP - Answer National income/population Business specialisation - Answer When businesses concentrate on produ...
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Add to cartBRICS - Answer Brazil, Russia, India, China & South Africa Indicators of growth - Answer Statistics that show the extent to which a country is increasing in size Equation of GDP - Answer National income/population Business specialisation - Answer When businesses concentrate on produ...
Capital - Answer The money provided by the owners in a business Capital expenditure - Answer Spending on business resources that can be used repeatedly over a period of time Internal finance - Answer Money generated by the business or its current owners Retained profit - Answer Prof...
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Add to cartCapital - Answer The money provided by the owners in a business Capital expenditure - Answer Spending on business resources that can be used repeatedly over a period of time Internal finance - Answer Money generated by the business or its current owners Retained profit - Answer Prof...
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