More cards in this set

Give one benefit of being a franchisee rather than a sole trader

How can a firm's 'margin of safety' be calculated

Give one advantage to a business of employing part-time staff

Give one disavantage to a business of employing part-time staff

What is a 'patent'?

How is a 'quota sample' selected?

Define the term 'added value'

Name 2 departments within a business and state the role of each

What is the formula for calculating 'contribution per unit'

Using examples, explian the differences between 'fixed costs' and 'variable costs'