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The options of internal growth in a company are: - Increase existent production through innovation in technology or investment in new capital - Creation of new productions - Finding new markets such as a ...
Selling price of novelty mug= £4; Cost of making mug= £2; Distribution cost= £50 for every 100 mugs sold. Therefore, 1) 5000 x £4= £20,000; 2) 5000 x £2= £10,000 3) £20,000- £10,000 = £10,000; 4) 5000/100...
Break-Even is a tool used by businesses to project the amount of units they have to sell before they break-even, in other words before they have recouped their investment. To calculate this number, 3 figu...
Businesses can motivate employees either through monetary or non-monetary incentives. There are many monetary incentives, some of which are: - Overtime: Staff are paid extra for working over and above the...
By ensuring the protection of their employee's health and safety an employer can dimish the chance of accidents occurring in the workplace. This is beneficial as less business working days would be lost t...
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