9th September 2015 by

    Handout: Market Relationships – Suppliers

    Suppliers Suppliers are as important as consumers to a firm. If a firm does not develop relationships with its suppliers…

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    9th September 2015 by

    Handout: Concentration ratios

    Concentration ratios Measuring the degree of competition We can get some indication of how competitive a market is by observing…

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    9th September 2015 by

    Handout: Barriers to Entry – Tour Operators

    Barriers to Entry – Tour Operators Firms wishing to set up as travel agents and tour operators face a number…

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    9th September 2015 by

    Practice Question 3: Market Concentration

    Market Concentration It is possible to determine what type of market we are observing by the number of firms which…

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    9th September 2015 by

    Practice Question 2: Competition

    Competition – Practice Question 3 BA is still the businessman’s favourite airline. Seats have video monitors fitted so that passengers…

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    9th September 2015 by

    Practice Question 1: Competition

    Competition – Practice Question Evidence A We have a well-developed business model which has enabled the business to grow quickly….

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    9th September 2015 by

    Powerpoint: 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…

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    9th September 2015 by

    Handout: National Minimum Wage (graphs)

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    9th September 2015 by

    Activity: 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…

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    9th September 2015 by

    Handout: 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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