Business Revision 2.0 / 5 based on 1 rating ? BusinessASAQA Created by: Caroline SimkinsCreated on: 03-12-12 14:47 What Is meant by the term adding value? Increasing the worth of a product 1 of 5 What is the equation needed work out break even output? Break even output= Fixed Costs / total contribution 2 of 5 What is the equation needed work out market share? Market share(%)= Sales of a business / total sales of the market * 100 3 of 5 How long does a Copyright protect a work for? It protects a recorded work for the lifetime of the original Author 4 of 5 What key features define a Private limited company (Ltd)? A company that is owned by 2 or more share holders. 5 of 5
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