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In 2007, a business had sales of £10 million in a market with a size of £125 million. In 2017 the business's sales were £12.6 million and its market share was 6%. Calculate the percentage growth in the size of the market between 2007 and 2017. (4 marks)

market share 2007 = 10/125 x100 = 8%market size 2017 = 12.6/x x100 = 6% 12.6/x = 0.06 12.6 = 0.06 x (divide by 0.06) = 210 millionmarket size growth = new - old/old 210 (new) - 125 (old)/ 125 (old) x100 =...

Answered by Jasmine D. • Business Studies tutor

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To what extent is appointing a new leader likely to be a good way to improve business performance? Justify with reference to leaders (20 marks)

Leadership is a relationship through which one person influences the behaviour or actions of other people. Leadership can be demonstrated as 'command' where leaders take direct control, 'vision' leaders s...

Answered by Jasmine D. • Business Studies tutor

2238 Views

Why do I keep losing marks on 6 markers?

My best tips for you are: 1.) make sure you have 6 DIFFERENT points; a good way to keep each point clear is to write in bullet points instead of paragraphs (you can always write more than 6 if you think t...

Answered by Felix N. • Physics tutor

1989 Views

The curve C has equation y = 3x^4 – 8x^3 – 3 (a) Find (i) dy/dx (ii) d^2y/dx^2 (3 marks) (b) Verify that C has a stationary point when x = 2 (2marks) (c) Determine the nature of this stationary point, giving a reason for your answer. (2)

(a) (i) differentiate C using standard technique: dy/dx = 12x^3 - 24x^2 (ii) to find the second differential differentiate the first derivative (dy/dx): d^2y/dx^2 = 36x^2 - 48x(b) In order to determine if...

Answered by Dilan P. • Maths tutor

4689 Views

I'm really bad at non-calculator questions - how can I get better at calculations?

Practice is the best way - that being said there are some tricks you can use.It's often easier to change the way you represent a number. For example, consider 99 x 8799 is very close to 100, which is a mu...

Answered by John S. • Maths tutor

1992 Views