1
Q
% change
A
Different/ original x 100
2
Q
Market share
A
Sales of a firm/ Total sales in a market
3
Q
Price elasticity of demand
A
% change in QD/ % change in price
4
Q
Income elasticity of demand
A
% change in QD/% change in income
5
Q
Total variable cost
A
n.o of units sold x VC per unit
6
Q
Total added value
A
Sales revenue- Cost of bought in goods and services
7
Q
Market size
A
Quantity goods or services produced/period of time
8
Q
Market growth
A
New market size- Old market size/old market size x 100
9
Q
% change in market size
A
Year 1-Year 0/Year 0
Business Theme 1
flashcards
Decks in class (26)
# Cards
-
Edexcel- The Market 1.133
-
Edexcel- Market Research 1.128
-
Edexcel-Market Positioning 1.118
-
Edexcel-Demand 1.210
-
Edexcel-Supply 1.210
-
Edexcel-Market 1.210
-
Edexcel-Price Elasticity 1.2*17
-
Edexcel-Income elasticity of demand 1.2*16
-
Edexcel-product Service Design 1.311
-
Edexcel Branding and promotion 1.336
-
Edexcel-pricing strategies 1.331
-
Edexcel-Distribution 1.323
-
Edexcel-Marketing strategy 1.329
-
Edexcel-Approaches to staffing 1.426
-
Edexcel-recruitment,training and selection 1.438
-
Edexcel-organisational Design 1.431
-
Edexcel-motivation in theory and practice 1.4*29
-
Edexcel-Leadership 1.413
-
examples chambers6
-
Edexcel-Role of an entrepreneur 1.57
-
Edexcel-Entrepreneurial motives and characteristics 1.59
-
Edexcel-Business objectives 1.57
-
Edexcel-Forms of business 1.521
-
Edexcel Business Choices 1.55
-
Edexcel-entrepeneur To Leader 1.56
-
equations9
