Top answers

Analyse how a capital intensive workforce will benefit a business? (9 marks

By adopting a capital intensive workforce, the business will ensure consistency as machinery will have less defects than humans. As a result, it will mean that the business will make products with a consiste...
AM
3164 Views

What factors should be taken into account when deciding which advertising media to use?

Since advertisement requires large sums of investment, businesses must make sure they 'get it right' from the beginning. The choice of media is an important decision, so businesses should consider the follow...
LD
5060 Views

How can companies improve motivation within a workforce?

A common problem faced by businesses is with regards to employee motivation. Unmotivated employees can have consequences on a business, such as decreased efficiency and therefore productivity. This can incre...
OT
2190 Views

Provide one reason why a business may decide to create a sales forecast.

One reason a business may decide to create a sales forecast is the fact that it can help a bank decide whether it should lend money to a business. Many banks and lenders like to see evidence or at least an e...
AA
2005 Views

John runs a sandwich shop in his local village and has 4 employees. Which of the following represents a variable cost to John? i) Insurance of the shop ii) Wages paid to his employees iii) Rent to the landlord iv) Gas due to heating

A variable cost is a cost to a business or individual which changes with respect to the amount of output whilst a fixed cost is one that will remain constant, irrespective of the amount of output by the indi...
GS
2586 Views