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The main two tips I would give for the 150 word question are as follows: Read the questions at least twice and underline any key words.As there is a choice between two questions fo...
Horizontal integration is where a firm acquires or merges with another firm within the same industry and at the same stage of production. When a firm merges with another at the same stage of production, m...
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...
Example Question: Evaluate the importance of a SWOT analysis for Apple (8 marks)Recommended structure:-Define: A SWOT analysis is carried out by the business to identify internal Strengths a...
This is a linear sequence which we can see increasing by 4b with every consecutive term.Given the values of the first 3 terms, we can see that the 4th and 5th terms must be a + 14b and a + 18b...
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