business 0.0 / 5 ? Business StudiesFinanceGCSEAll boards Created by: kingofgamers777Created on: 12-04-18 09:52 what are the disadvantages of having a sole trader to keep up with demand 1 of 20 what are the advantages of having a sole trader no sharing of profits,to make your own decision 2 of 20 what is the definition of cash flow Money going in and out of the business 3 of 20 average cost formula total cost divided by output 4 of 20 net cash flow formula cash inflow-cash outflow 5 of 20 what is bad cash flow bad cash flow is where there is not enough money coming into the business which could mean the company goes bankrupt 6 of 20 total costs formula fixed costs+variable costs=total costs 7 of 20 what is direct costs direct costs is the expenses to make a certain product 8 of 20 examples of direct costs labour, raw material and machinery 9 of 20 disadvantages of a public limited company possibility of takeover,cost of setting and operating 10 of 20 advantages of a public limited company to borrow money easier,ability to raise large amounts of capital 11 of 20 secondary research methods purchased research material, competitors data, government publications and statistics, books, newspapers, trade 12 of 20 advantages of partnerships more experience and share decision making 13 of 20 disadvantages of partnerships a possible conflict 14 of 20 advantages of limited private company can raise more money easily and shares usually controlled by the family 15 of 20 disadvantages of limited private company financial information available 16 of 20 The 4p's in the marketing mix price, place, product and promotion 17 of 20 the disadvantages of market research expensive, time consuming, and the research could have errors 18 of 20 Things used in the market segmentation age, gender, income, region 19 of 20 revenue formula revenue=sales*price 20 of 20
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