O'Level  &

Direct, Retail, Wholesale and Agent

It depends on individual business needs

Ethical businesses are more favoured by consumers

What are the types of business organisation and its form

They are government policy instruments.

There are three (3) profitability or performance ratios. Gross profit margin, profit margin and return on capital employed.

There are two (2) liquidity ratios. Current ratio and Acid test ratio. Current Ratio Current ratio measures the value of current assets...

A balance sheet records what the business owns and owes The three (3) main components in a balance sheet are; Assets - Value of items...

How to calculate and use information on revenue, cost and profits in income statements 1. Revenue - Total sales 2. Cost of sale - Total...

Business cycles describe how the national output changes over a period of time

There are many factors influencing the location of your business. Among them are; Scale of production Supplies and materials Access to...

While there are opportunities from globalization, there are threats as well to a country Opportunities from globalization to a country...

Multinational firms (MNCs) are large firms that operate in different countries They usually originate from developed countries and are...

Sustainable development practices adopting practices that are environmental friendly and socially responsible. Businesses can adopt...

As governments across the world declare and acknowledge the climate crisis the world is experiencing, legal controls, environmental and...

Pressure groups are non-profit organizations that aims to influence society and businesses to be socially and environmentally...

The government uses policy instruments to achieve government's economic objectives. Government policy instruments are; Government...

There are four (4) government economic objectives The government aims to achieve; A low inflation rate Low unemployment rate Economic...