Briefly discuss the essential differences for a business between short-term, day-to-day decisions, and long-term, year-to-year ones.

Question 2. Shona, a sole trader, owns and manages a business which manufactures and sells small instruments for hospitals and other medical facilities. Set out below is the sales revenue and profit for 2019. Year   Sales         Profit 2019  £431,640    £147,390 In 2019 the business manufactured and sold 132,000 units and had fixed costs […]

Evaluate and assess legal issues of companies through the analysis of characteristics, incorporation, functions and regulatory frameworks by meeting following Assessment Criteria (A.C).

Scenario Learners may use their own employment context to write an assignment based on assessment tasks. Assessment tasks are learning outcomes of the unit associated with Assessment Criteria. You are required to generate sufficient evidence on assessment criteria to meet learning outcomes of the unit within the rules, regulations and standards to achieve credits of […]

Explain how businesses typically measure the impact of their marketing using at least two contrasting businesses as examples.

Office Lunches Elizabeth Brentley, a sole trader, started ‘Office Lunches’ in 2015. She noticed a growing trend for office workers having lunch ‘on-the-go’ and therefore decided that to make lunch even quicker, businesses could pre-order food to be made freshly that day and delivered to the offices for employees to enjoy. When the business first […]

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