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What is 'Gearing' and how is it interpreted?
Gearing is a ratio that looks at the proportion of capital funded by debt. It is used as a measure of risk as it assesses how much of a business's capital is funded by loans - the higher the gearing ratio, t...
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What is price elasticity of demand?
Price elasticity of demand (PED) shows by how much demand will increase or decrease with a change in price where 0-1 represents low PED and >1 means a high PED.If a product has a low PED (e.g. 0.5) then a...
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What is the structure of a 25 mark question and how should I go about answering it?
Structure for 25 mark question ( Technology is making it easier to enter international markets. Do you agree?) -Introduction( Define key terms in question title)-Point 1- Yes ( Increased scope of marketing, ...
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List and explain 2 theories of motivation, and give an example of how they can be applied in practice.
1. One theory of motivation is that suggested by Taylor, which asserts that employees are not motivated by anything but their remuneration. This can be applied through the introduction of a piece rate remune...
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Explain one influence on the choice of suppliers for a large discount supermarket.
One factor that will influence the choice of supplier by a large discount supermarket will be the ability of the supplier to supply goods at a suitably low purchase cost to enable the supermarket chain to of...
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Belen M.
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