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The surplus left over from total revenue after all total costs are deducted over a specific trading period. Section 6: Exam Command Words and Exam Technique
: Continuous, mass production of standardized items using highly automated assembly lines. Low unit cost. Lean Production and Efficiency
: Low sales, high development costs, heavy promotional investment required.
💡 Print the official Edexcel specification and tick off each bullet point as you revise. No PDF can replace checking the spec yourself. edexcel igcse business studies revision notes pdf
Edexcel IGCSE Business Studies revision notes in PDF format are a popular study resource among students. These notes typically cover various topics, including:
Understanding what the examiner is asking for is key to converting your business knowledge into top marks.
If you want to tailor your study materials further, let me know: The surplus left over from total revenue after
Market research helps a business understand customer preferences and reduce the risk of product failure.
A stakeholder is any individual or group with a direct interest in the operations and success of a business.
Shows the financial value of a business at a specific point in time by balancing: Lean Production and Efficiency : Low sales, high
Net Profit Margin (%)=(Net ProfitRevenue)×100Net Profit Margin (%) equals open paren the fraction with numerator Net Profit and denominator Revenue end-fraction close paren cross 100 🗺️ Unit 6: Small Business and Multi-Nationals 6.1 Forms of Business Ownership
Expanding market share to increase long-term security.
Overdraft: Bank allows accounts to go below zero. Flexible but carries high interest.
Continuous mass production of standardized items on an assembly line (e.g., plastic bottles). Low unit costs, low flexibility. Economies and Diseconomies of Scale
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