Bussiness administration Study guides, Class notes & Summaries

Old Dusty Books (ODB) is a small independent book retailer that has one shop and a growing online presence. ODB specialises in rare books and the owners are considering becoming one of Amazon’s many global suppliers. ODB uses a cost-plus approach to pricing with a 65% mark up. (a) Recently, ODB purchased a set of classic novels from a seller in India, paying 5665 Indian Rupees (INR) at an exchange rate of £1=INR103. One week later, ODB sold the same set of books to a buyer in the Uni...

2 © OCR 2023 Section A Put a tick () in the box next to the one correct answer for each question. 1 A co-operative is owned by its: (a) competitors (b) external stakeholders (c) members (d) shareholders [1] 2 A company frequently changes the way its assets are valued in its published accounts. Which accounting convention has the company ignored? (a) Accruals (b) Consistency (c) Going concern (d) Prudence [1] 3 Canta Ltd makes drum kits. The company has fixed costs of £18000 pe...

FiCEP Exam 1-50 Questions and Answers Solved 100% Correct 2023/2024 VERIFIED

Its a document to introduce you to bussiness administration.

Marketing refers to advertising and selling a product. - >>False. 2. Regardless of market conditions, over 80 percent of all new products fail in the marketplace. - >>True. 3. The production era continued until the mid 1920s, when consumer demand could not keep up with the growth in production and new strategies were needed to maximize success. - >>True. 4. The marketing concept is a strategy that utilizes all aspects of marketing in order to persuade consumers to buy n...

The final part of gaining NVQ Level 2 Business Administration - the professional discussion

A summary of the book chapters 1,2,3 Organization Theory: Challenges and Perspectives - McAuley

Chapter 1 section 1.2 of Wiley plus notes. I have included statements and have noted down all the important highlight of the book.