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Business Studies
GCSE

Identify two methods of external growth a company could use?

a company could either perform a merger or a takeover allowing them gain complete shares in another company therefore overtaking it as well as becoming one.

Answered by Emmanuel O. Business Studies tutor
1383 Views

Zak and Kellie own a successful food catering business called Meals at Work in Lisburn. Zak and Kellie want to grow the business and are thinking about franchising. (g) Evaluate franchising for this business.

Franchising would bring about both advantages and disadvantages for Zak and Kellie's catering business. As they are currently a relatively small business with only 8 employees, franchising has the potenti...

Answered by Laura R. Business Studies tutor
1254 Views

Discuss the benefits of company (x) becoming a Ltd (private limited company)

A private limited company is when a business is no longer owned by a sole trader and individuals are able to invest into the business by buying shares. One way this would be beneficial for the business is...

Answered by Abigail B. Business Studies tutor
1835 Views

X Ltd is selling their only product at 12.50 per unit and they have managed to sell a total of 3000 units. They currently have total costs at £32000, £15000 of which are Fixed costs. How much is the total revenue and the total Variable costs?

Total revenue = Units sold x selling priceSo £12.50 x 3000 = £37,500Fized costs = £15000Vaeiable costs = £32,000 - £15,000 = 17,000

Answered by Atanas T. Business Studies tutor
2586 Views

What are some of the most relevant pricing strategies?

Three commonly used methods:Price skimmingPrice penetrationcost plus pricingPrice skimming is when a company sets a relatively high initial price when launching a product into the market. Then as time pro...

Answered by Jeet S. Business Studies tutor
1234 Views

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