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Business Studies
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Who are the key players in the world economy?

Traditional economic powers like France, USA or the UK are becoming less and less dominant in an evermore competitive internatinal economic arena.

The BRIC countries (Brazil, Russia, Indi...

Answered by Jesus A. Business Studies tutor
10636 Views

What is the average rate of return ?

The Average Rate of Return or ARR is one of three types of investment appraisal that are often asked in the form of a 10 mark question. A question that involves these calculations are often very badly ...

Answered by Oliver C. Business Studies tutor
8974 Views

What is Price Elasticity of Demand?

Price Elasticity of Demand refers to an economic measure which evaluates the change in price of a good against its respective change in demand.

In simple terms:

If the price of a good rises ...

Answered by Kiah C. Business Studies tutor
1817 Views

What is the function of a SWOT analysis?

The Swot Analysis is a decision-making tool analysing both the external and internal advantages and disadvantages of an investment. It allows the investors to take account of the externa...

Answered by Anna Giulia P. Business Studies tutor
8209 Views

What is a Force Field analysis and how can it be applied?

Force Filed analysis is a decision making tool analysing the forces for and against a decision or change. It is divided into driving forces (advantages) and restraining forces (disadvantages). A weight...

Answered by Anna Giulia P. Business Studies tutor
8850 Views

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