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A public limited company (plc) can sell its own shares onto the stock exchange and requires a minimum of 2 people and they also have unlimited liability in terms of their personal assets and capital. On t...
Total revenue = Units sold x selling priceSo £12.50 x 3000 = £37,500Fized costs = £15000Vaeiable costs = £32,000 - £15,000 = 17,000
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...
One benefit to a business is that they will comply with their legal responsibility for health and safety. If businesses do not comply with the health and safety acts placed by the government they are susc...
One benefit of induction training is increased productivity. Induction training for new employees will give them a detailed understanding of what their new role entails and how to achieve the tasks requir...
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