Search over 10,000 free study notes

As output increases it is a general rule that cost decreases, but why is this? Let's look at the principle of EOS and how they reduce costs. Starting with Technical EOS, here you have one fixed cost for t...

Gearing is expressed as a percentage and shows how much capital a business borrows. A company which is highly geared typically has a rate of higher than 50%, whilst a low geared business will have a geari...

This is a complex question but to keep it brief you should follow the structure of having a brief introduction outlining what you will write about in the essay, then use the structure of PANEL for your po...

This question was taken from the AQA June 2015 Unit 2 Business Studies past paper, where you can find the full case study. The most important thing with these kinds of case study based essay questions is ...

Diseconomies of scale occurs when the average cost of a product begins rising as a business expands. This may occur due to problems communicating: as a business expands it's chain of command increases whi...