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Business Studies
All levels

What is fiscal policy?

Fiscal policy is the means by which the government modifies its spending and tax rates as a means to influence the economy

ES
2431 Views

What are two main methods of business analysis

PESTLE method, and SWOT method - to be explained further

ES
2502 Views

What is PED - price elasticity of demand?

PED measures the responsivness of demand after a fluctuation in price

ES
3405 Views

What is the marketing mix?

The marketing mix, commonly associated with the 4Ps, describes the various factors that firms consider when marketing a product. These marketing mix is based upon the firm’s knowledge of its customers ...

RP
3432 Views

What are the benefits of innovation within a business?

Definition

Innovation is the successful exploitation of new ideas. This is predominantly achieved through research and development (R&D). R&D is the necessary inves...

JH
41333 Views

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