Top answers

Business Studies
GCSE

Explain two reasons why a small removals company might benefit from using a cash flow chart.

A cash flow chart can benefit a removals company in many ways. Firstly, it would help them see how many inflows and outflows they have on a month-to-month basis. This is beneficial as the company can then...

Answered by Ciara R. Business Studies tutor
2337 Views

What key stakeholders can directly effect a business?

There are various stakeholders which directly influence a business, firstly an example of this would be employees, if a businesses employees aren't working to an appropriate level then the production of t...

Answered by Joe P. Business Studies tutor
1461 Views

How can a company benefit from economies of scale?

Economies of scale is the concept that as a company increases its output, cost per unit will decrease as fixed costs are spread over a larger number of units. This is known as internal economies of scale ...

Answered by Frances L. Business Studies tutor
28208 Views

What is the difference between a private limited company and a public limited company?

A private limited company, or LTD, is a company which does not offer stock to the public, and thus its shareholders are normally family, friends and employees. There is no need for an LTD to disclose any ...

Answered by Will W. Business Studies tutor
8262 Views

Describe two potential pricing strategies that a firm may adopt when entering a new market (4)

When entering a new market, firms may adopt penetration pricing to encourage sales. This is when the price of a product is low when it enters a market, and is increased as it saturates the market. This is...

Answered by Tanya K. Business Studies tutor
2341 Views

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