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There are various stakeholders which directly influence a business, firstly an example of this would be employees, if a businesses employees aren't working to an appropriate level then the production of t...

Economies of scale is the concept that as a company increases its output, cost per unit will decrease as fixed costs are spread over a larger number of units. This is known as internal economies of scale ...

A private limited company, or LTD, is a company which does not offer stock to the public, and thus its shareholders are normally family, friends and employees. There is no need for an LTD to disclose any ...

When entering a new market, firms may adopt penetration pricing to encourage sales. This is when the price of a product is low when it enters a market, and is increased as it saturates the market. This is...

Limited liability occurs in limited companies such as a private limited company (ltd) or a public limited company (plc) as the entities have their own legal identity which is separate from the owners. Th...