Top answers

Business Studies
GCSE

What is the difference between Supply and Demand? How do they work together?

Supply and Demand are two economic principles that describe how a good or service is consumed and supplied according to price. Demand refers to the ability of people to purchase a good at a given time and...

Answered by Gemma E. Business Studies tutor
1431 Views

What does the Blake mouton grid represent?

This diagram refers to the management styles, in accordance to the concern for task compared to concern for people. Therefore this refers to whether the manager is task orientated, if the work is more imp...

Answered by Karis D. Business Studies tutor
1337 Views

You receive the following figures: Sales 85000, Cost of Sales 15000, Rent 5000, Advertising Expenses 7000. Calculate the Net Profit.

Net Profit is the money left over from sales after expenses have been accounted for.First, we need to calculate the Gross Profit. This is Sales - Cost of Sales,

Answered by George M. Business Studies tutor
1479 Views

Identify and explain one advantage and one disadvantage of using text (SMS) messages as a method of internal communication.

Internal communication is communication used within the organisation to employees and ranges from emails to face to face discussions. An...

Answered by George M. Business Studies tutor
5990 Views

Explain the key elements of the marketing mix that relate to the product

The 4 main p's of the marketing mix includes; price, product, place and promotion. Price refers to how the business will price it's products. Product refers to the quality and tangibility of the product (...

Answered by Robert W. Business Studies tutor
1884 Views

We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo
Cookie Preferences