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Customer Service is a service given to customers before, during and after purchase to a standard thats meets customer needs. An example of good customer service is offerering advice pre sales, this would inv...

The supply is the amount that sellers are willing and able to pay at different prices. The price is positively related to the quantity asked for the good. The supply curve is a graph of the relationship betw...

A competitive market is a market characterized by many buyers and many seller. The products sold by different producrs are homogeneous (similar) and therefore the buyers are "price takers": they mu...

The Boston matrix is a model used by companies to display their product portfolio. The Boston matrix is split into four ways of classifying products. First there are stars these are products which have high ...

A Soletrader is a person that sets a business in its own name, Soletrader have limited liabitily as there is no distinction between the business and themself. Limited liability means that if the business can...