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yeah...all concepts should be cleared..all chapter should be covered...revision intensively is required...is economics an easy subject??
clarify on what you mean by 'significance'?explain the significance for companies of limited liability
thankshiii i will be taking my economics 0 level exam paper 22...and can you tell me the expected chapters which is likely to get....by the way can you help me with this question-discuss whether an improvement in a country current account position will result in an increase in employment.........2-explain the effects of a fall in a country exchange rate on its production....3-discuss whether a change in the exchange rate will always solve a country deficit on current account of its b.o.p( 10 marks).....4-explain what can cause fluctuation in exchange rate(6 marks)....5-discuss the advantages and disadvantages of a government trying to redistribute income(10marks)
Need another benefit of a company using a market led approach
Ive used the following:
- flexible when it comes to change
- ensures survival and higher profits
- chances of new products failing decreased.
need another one, will appreciate a detailed answer. thanks
Thanks for the descriptive answer! really appreciateCustomer loyalty: Through a market led approach, customers will be treated as the ‘king’ in the market. The business identifies customer needs/requirements and satisfies them profitably, leading to customer loyalty.
Customers, therefore, will keep coming back for repeated purchases and recommend the business to others, helping it gain a competitive advantage in the market and allowing the business to even charge a high price for its products.
I don't think that's different. It's the same thing. Why do we create financial statements? For stakeholders.SalmanPakRocks The basic balance sheet and income statement taught in Accounting is different from the one in Business Studies, right? ... is there some rule i could learn to stop mixing them up?
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