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Business Studies

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Asses the likely impact on a domestic firm of a global merger with a bigger MNC (Multi-national corporation) 10marks

A merger between two firms can be explained as a joining of assets and operations, who begin trading as one firm. For a smaller firm operating in only one country, a global merger will create a huge opp...

Answered by • Business Studies tutor

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What is Ansoff's Matrix? Name and explain the 4 aspects.

Ansoff's matrix is a model used when deciding a business' growth strategy. The four aspects are market penetration, market development, product development, and diversification. Each aspect outlines a dif...

Answered by Rebecca L. • Business Studies tutor

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Explain why a business would choose a price skimming strategy? (6)

Price skimming is when a business charges a high price when the product is initially launched and lowers the price over time, a business with a strong brand such as Apple is able to do this, thus profit i...

Answered by Piers B. • Business Studies tutor

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Analyse how delayering might affect the level of profit a business generates.

Delayering is the removal of layers in a business' hierarchy. This can lead to wider span of control for managers which can boost their motivation levels, if they are motivated by level of responsibility ...

Answered by Micah L. • Business Studies tutor

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The directors of a well-known food manufacturing PLC have announced that they are moving production from the UK to Europe in order to reduce costs. This will result in the loss of 115 jobs. To what extent is this decision likely to benefit the business’

A stakeholder is any person, organisation, social group, or society at large that has a stake in the business. Thus, stakeholders can be internal or external to the business. With a large decision such as...

Answered by Lukas M. • Business Studies tutor

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