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What are protectionism policies
Protectionism policies are actions taken by governments using policy instruments to protect local businesses and economy Protectionism...
IGBizStudies
Jun 5, 20232 min read
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What are distribution channels
Direct, Retail, Wholesale and Agent
IGBizStudies
Jul 16, 20212 min read
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Is part-time employment better than full-time employment
It depends on individual business needs
IGBizStudies
Jul 11, 20212 min read
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Why should a business be ethical
Ethical businesses are more favoured by consumers
IGBizStudies
Jul 8, 20212 min read
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What are the different business organization types and its form
What are the types of business organisation and its form
IGBizStudies
Jun 23, 20214 min read
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How does government use expenditure, taxes and interest rates to achieve economic objectives
They are government policy instruments.
IGBizStudies
Jun 13, 20212 min read
108
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What are profitability ratios
There are three (3) profitability or performance ratios. Gross profit margin, profit margin and return on capital employed.
IGBizStudies
May 27, 20211 min read
165
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What are liquidity ratios
There are two (2) liquidity ratios. Current ratio and Acid test ratio. Current Ratio Current ratio measures the value of current assets...
IGBizStudies
May 27, 20211 min read
84
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What are liabilities and assets in a balance sheet
A balance sheet records what the business owns and owes The three (3) main components in a balance sheet are; Assets - Value of items...
IGBizStudies
May 27, 20212 min read
88
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Revenue, cost and profit in income statement
How to calculate and use information on revenue, cost and profits in income statements 1. Revenue - Total sales 2. Cost of sale - Total...
IGBizStudies
May 27, 20212 min read
148
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What are business cycles
Business cycles describe how the national output changes over a period of time
IGBizStudies
May 26, 20212 min read
110
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What are factors that influence the location of your business?
There are many factors influencing the location of your business. Among them are; Scale of production Supplies and materials Access to...
IGBizStudies
May 26, 20211 min read
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What are opportunities and threats of globalization
While there are opportunities from globalization, there are threats as well to a country with benefits and drawbacks to businesses...
IGBizStudies
May 26, 20212 min read
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What are multinational firms and their roles
Multinational firms (MNCs) are large firms that operate in different countries They usually originate from developed countries and are...
IGBizStudies
May 26, 20212 min read
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What are sustainable development practices
Sustainable development practices adopting practices that are environmental friendly and socially responsible. Businesses can adopt...
IGBizStudies
May 26, 20211 min read
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Legal controls, environmental and ethical issues in businesses
As governments across the world declare and acknowledge the climate crisis the world is experiencing, legal controls, environmental and...
IGBizStudies
May 26, 20212 min read
325
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Who are pressure groups and what do they do
Pressure groups are non-profit organizations that aims to influence society and businesses to be socially and environmentally...
IGBizStudies
May 26, 20211 min read
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What are government policy instruments
The government uses policy instruments to achieve government's economic objectives. Government policy instruments are; Government...
IGBizStudies
May 26, 20211 min read
145
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What are the government economic objectives
There are four (4) government economic objectives The government aims to achieve; A low inflation rate Low unemployment rate Economic...
IGBizStudies
May 26, 20212 min read
98
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What are cash-flow problems and how to improve cash-flow
Cash-flow problems can be solved with proper cash-flow forecast
IGBizStudies
May 26, 20211 min read
81
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