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Business 4BS1/01 May June 2021

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1. Business Finance and Profitability: Calculation of gross profit margin, markup, break-even analysis, exchange rate impact, and return on capital employed. 2. Market Research and Competitive Strategy: Primary vs. secondary market research, pricing strategies (skimming, penetration), customer segmentation, and brand positioning. 3. Human Resources and Employee Management: Recruitment processes, seasonal staff benefits, employee motivation techniques, and remuneration structures. 4. Operations and Business Expansion: Justification of production methods (batch vs. job), break-even analysis, financial forecasting, and expansion planning. 5. Marketing and Consumer Relations: Importance of branding, customer retention strategies, product life cycle extension, and advertising effectiveness. 6. Strategic Business Decision Making: Evaluation of different financing options (personal savings vs. crowdfunding), corporate social responsibility, ethical considerations, and impact of financial ratios on business sustainability.
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