Business Studies 7115/21 Oct Nov 2024

1. Business Size and Growth – Reasons why a business might remain small and the impact of interest rates and taxes on profitability.

2. Product Packaging and Branding – Evaluating packaging roles in product protection, brand promotion, and information display.

3. Management Functions and Finance – Key managerial roles and reasons for business financing needs.

4. Production Methods and Decision-Making – Advantages and disadvantages of batch production and selecting the best production option.

5. Pricing Strategies – Comparing cost-plus, promotional, and competitive pricing methods for maximizing profitability.

6. Economic and Market Factors – How external economic changes influence business operations and financial decisions.