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When there are low levels of sales, a business is not selling enough units for revenue to cover costs. Therefore a loss is made. As more items are sold, the total revenue increases and covers more of the ...

This is a short term method of finance where credit notes are sold to factor houses for discounted prices. it allows a business to get their money instantly adn so improves cash flow. However factor house...

Diversification is the name given to the growth strategy where a business markets new products in new markets. It is a risky strategy because the business is moving into a new area of a market in which it...

The main uses of the verb "haber" include its use as an auxilliary verb (ha comido) and as part of a verbal periphrasis (he de soportar), in this case, the person (first, second or third person)...

Crude oil is a natural mixture of many different hydrocarbons. These hydrocarbons can be separated using a process known as fractional distillation.The crude oil is heate...