Handout: Market Relationships – Suppliers
Suppliers Suppliers are as important as consumers to a firm. If a firm does not develop relationships with its suppliers…
Read MoreHandout: Concentration ratios
Concentration ratios Measuring the degree of competition We can get some indication of how competitive a market is by observing…
Read MoreHandout: Barriers to Entry – Tour Operators
Barriers to Entry – Tour Operators Firms wishing to set up as travel agents and tour operators face a number…
Read MorePractice Question 3: Market Concentration
Market Concentration It is possible to determine what type of market we are observing by the number of firms which…
Read MorePractice Question 2: Competition
Competition – Practice Question 3 BA is still the businessman’s favourite airline. Seats have video monitors fitted so that passengers…
Read MorePractice Question 1: Competition
Competition – Practice Question Evidence A We have a well-developed business model which has enabled the business to grow quickly….
Read MorePowerpoint: Types of Goods – Normal/Inferior
Types of Goods – Normal/Inferior A PowerPoint illustrating the differences between normal goods and inferior goods. Types of Goods: Normal/Inferior from…
Read MoreHandout: National Minimum Wage (graphs)
Read MoreActivity: Starbucks Exercise Demand Curve
Starbucks Exercise Demand Curve Mochaccino consumption (units per week) Price Units GBP3.50 GBP3.00 GBP2.50 GBP2.00 GBP1.50…
Read MoreHandout: Fat Cats, Fat Pay Packets
Fat Cats, Fat Pay Packets Increasingly the boardroom has become the focus for criticism because critics have argued that directors…
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