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Exam (elaborations)

Business Studies AQA A-level Complete Assignment With Correct Answers|2024.

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Ansoff's Matrix - correct answer Shows the strategies that a firm can use to expand, according to how risky they are Assets - correct answer Resources owned by a business Balance sheet - correct answer A snapshot of a firm's finances at a particular time Barrier to entry - correct answer An obstacle that makes it harder for companies to enter a market Benchmarking - correct answer a process by which a company compares its performance with that of high-performing organizations Big data - correct answer Large quantities of data that can be collected from different sources Blake Mouton Grid - correct answer An analytical tool to assess leadership style based on the level of interest in the people or task Boston Matrix - correct answer Analyses all of the firm's products in terms of their market share and the growth of the market Bowman's strategic clock - correct answer Shows positioning strategies based on different combinations of price and perceived added value break-even analysis - correct answer a method of determining what sales volume must be reached before total revenue equals total costs Budget - correct answer A plan for making and spending money Capacity utilisation - correct answer The proportion of total capacity that is used (expressed as a percentage) Capital - correct answer a company's wealth in the form of money or property capital expenditures - correct answer Money used to buy fixed assets Carroll's Pyramid of CSR - correct answer A diagram showing four elements of CSR as layers in a pyramid cashflow - correct answer (n) the movement of money into and out of a business as goods are bought and sold Centralization - correct answer decision authority is located near the top of the organization channel of distribution - correct answer a pathway to direct products to consumers competitive advantage - correct answer providing greater value for customers than competitors can confidence interval - correct answer A range in which you can say, with a certain level of confidence, that a value lies Confidence level - correct answer The probability that the research findings are correct Consumer Price Index - correct answer an index of the cost of all goods and services to a typical consumer

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