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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 ...
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 ...
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...
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...
Business Studies helps you to make more informed decisions in the everyday business of living. It also gives you a better understanding of the World of Works.
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