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Page 1

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Business Studies Answer paper
(Aims and organization, human resources, business environment and
Production)

1. An aim is what a business sets itself so that it can measure how successful
it has been in reaching its targets.
2. ­To make a profit
­To provide services
­ To be charitable
­ To…

Page 2

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Business Studies Answer paper
(Aims and organization, human resources, business environment and
Production)

7. LTD can sell shares on the stock market whereas PLC cannot. LTD is
usually small and sells shares privately. On the other hand, PLC is usually
large and sells their shares to public.
8. Customers
9.…

Page 3

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Business Studies Answer paper
(Aims and organization, human resources, business environment and
Production)






19. Where customers are, availability of skilled labours, transport links for
supplies and distribution, cost of premises and local government changes,
financial help availability, history and tradition, sales techniques employed
by the business.
20. A company that…

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