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Business 9609/12 May June 2021

1. Defining co-operatives and discussing their structure, emphasizing member ownership and shared decision-making.

2. Analyzing the benefits of joint ventures, including risk-sharing and access to complementary resources.

3. Defining job production and exploring advantages of transitioning to batch production, such as cost efficiency and higher output.

4. Highlighting the importance of working capital for new businesses in managing day-to-day expenses and maintaining liquidity.

5. Defining contracts of employment and distinguishing between redundancy and dismissal based on legal and operational criteria.

6. Analyzing how product portfolio analysis supports marketing objectives through strategic resource allocation and market positioning.

7. Discussing reliance on penetration pricing for new entrants in competitive markets, balancing market share growth and profitability risks.

8. Evaluating the significance of workforce productivity for manufacturing success, linking it to operational efficiency and output quality.

9. Analyzing benefits of accurate cost information for businesses in pricing, budgeting, and profitability analysis.

10. Discussing the usefulness of liquidity ratios for investors in assessing a business's short-term financial health and risk exposure.

Laura Bellini

Classification: Paper 1
Page count: 4
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Last update: 4 months ago
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