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Business Studies
A Level

Analyse the benefits of adopting a flow production system

Flow production refers to when a business uses machinery to produce mass quantities of identical products in a continuous process where they pass from one stage on production to the next.
One benefit...

Answered by Mohamed Noor C. Business Studies tutor
6107 Views

Assess the advantages of market penetration

Market penetration is the process on ansoffs matrix where the business sells existing products to existing consumers by offering loyalty schemes and trying to encourage repeat purchases. This will lead to...

Answered by David O. Business Studies tutor
2085 Views

What is meant by horizontal and vertical integration and how can they profit a firm?

Firms may grow through integration - vertically or horizontally. Both strategies ultimately increase a firm's competitive position. Vertical integration refers to the supply chain and how...

Answered by Megan P. Business Studies tutor
3318 Views

How should a business market a product that has price-inelastic demand and a high income elasticity of demand? (9 marks)

Price-inelastic demand refers to products which demands don’t change as the price of the product changes. This usually means that the product is either a necessity and there aren’t many alternatives or it...

Answered by Natasha B. Business Studies tutor
5083 Views

In what way does the seasonality affect operations of a busness?

The task of trying to maintain profitability throughout all periods of the year is a challenge for many businesses, particularly those who operate season businesses. Yet, the extend to which seasonality w...

Answered by Tutor123592 D. Business Studies tutor
1496 Views

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