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The business world is divided into the public sector and private sector.
Public sector businesses are run by the government and often provide necessities like electricity or bus services. The priva...
Command term: "Distinguish" = AO2—Demonstrate application and analysis
3 Steps to the answer
1)Define: What is JIT and JIC?
2)Apply: Apply to the case study: Has company X c...
A unique selling point (USP) is a differential factor, which enables the business to distinguish itself from other competitors in the market place. As such, a USP is important as it provides more value fo...
Treating the question like an essay question, run through with the student how to structure an answer for, perhaps, a short 8 mark essay question. Begin by listing the main business structures (sole trade...
Although the PLC and the LTD share many similar characteristics, there are a few differences. Both types of incorporated company have a separate legal personality to their owners (shareholders). This me...
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