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When there are low levels of sales, a business is not selling enough units for revenue to cover costs. Therefore a loss is made. As more items are sold, the total revenue increases and covers more of the cos...

This is a short term method of finance where credit notes are sold to factor houses for discounted prices. it allows a business to get their money instantly adn so improves cash flow. However factor houses t...

Understanding the usefulness of different sources is important for historians. It is these sources that help them to formulate arguments and provide accurate depictions of the past. There is many ways a sour...

1. Sodium (voltage-gated) channels open and Na + diffuse into neuron (down concentration gradient). 2. Inside of neuron becomes positive compared to the outside, so potential is reversed = depolarization. 3....

Diversification is the name given to the growth strategy where a business markets new products in new markets. It is a risky strategy because the business is moving into a new area of a market in which it ha...