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Reason 1 - Company X may want to enter new markets as it could generate more profits for the business.Explanation 1 - Entering new markets provides many benefits to multinational corporations, it allows t...

Fixed are costs that do not change with the level of output. For example, heating bills would be a fixed cost. Whether we make 100 computers or 300 computers, our fixed costs do not change. Variable costs...

Part-time staff are useful to business as they are contracted for less than 40 hours a week and are therefore usually more flexible than full time staff. This means that their hours can be adjusted more ...

A stakeholder is an individual/group of people who are directly interested within a business. One type of stakeholder is an internal stakeholder. These are individuals/group within the business such as em...

Internal - Managers : managers have the responsibility of ensuring the smooth running of their department and therefore making sure that all employees are working towards both their departments and the ov...