Explain the Different Types of Market Structures There is a spectrum of markets structures that exist. At one extreme you have the monopoly structure‚ where the market is dominated by one company with little competition. At the other end of the spectrum you have perfect competition‚ where the market is made up of about 100 small companies who would own about 1% of the market each. Towards the middle of the spectrum you have the oligopoly structure where the market is of about 4-10 companies who
Premium Monopoly Competition Economics
M1 Types of outlet Local Shops – shops located at local area‚ such as near college. An example of local shop is the Cabin‚ Tesco Express‚ One stop. There are advantages and disadvantages of this type outlet. An advantage is that they are convenience for customers. Therefore this increases the local shops’ customer base and profits because more people of that are likely to shop from the local shop‚ because it is easy and comfortable. Furthermore‚ local shops offer more customer service. Another
Premium Wal-Mart Retailing Sales
1. Joe figures that with overtime he will average 40 hours a week for 52 weeks a year. If his current wage is $15.00 per hour‚ how much will he make per year? Before taxes Joe will make $31‚200. 2. How much would Joe’s wages be in an average month? Joe’s wages would average $2400 per month. 3. Based upon the information in the video‚ Joe has a car payment of $249 per month. The average utilities are: Electricity‚ $79; Gas‚ $49; Water‚ Sewer‚ and Trash‚ $27. In addition‚ Joe is saving
Premium Mortgage Money Real estate
Ashley Holland NVQ 5 Dementia Dementia is a collection of different symptoms these could include‚ memory loss (this being the most common association)‚ difficulties with thinking and problem solving or language‚ dementia is caused by damaging of the brain tissue from diseases‚ such as strokes‚ Alzhiemers‚ picks and lewy bodies. Alzheimer’s disease (AD) is classically defined as a dual clinicopathological entity. The cause of Alzheimer’s disease is unknown. This gap in knowledge has created
Premium Alzheimer's disease Brain Neuron
UNIT 1 ECONOMIC ENVIRONMENT OF BUSINESS Objectives After studying this unit‚ you should be able to : • Define what you mean by “environment” • Classify the complex environmental variable on the basis of objective criteria • Identify the critical elements of economic environment of business • Analyse the interactions between economic and non-economic environment • Explain the impact of economic environment on business management; and • Illustrate your understanding of economic environment
Premium Economics
Level 5 Diploma in Leadership and Management Unit 1. Use and Develop Systems that Promote Communication 1. Be able to address the range of communication requirements in own role. 1.1 Review the range of groups and individuals whose communication needs must be addressed in own role. 1.2 Explain how to support effective communication within own job role. 1.3 Analyse the barriers and challenges to communication in own role. 1.4 Implement a strategy to overcome communication barriers. 1.5 Use different
Premium Telephone E-mail Communication
Page 1 of 22 Centre Name/logo Programme Title Unit No & Title QCF Level: Assignment No/Title Tutor/Assessor Written by Essex International College BTEC HND in Business Unit 6 Business Decision Making 5 Credit: 15 Y/601/0578 Acorn Research Consultants Please Provide Tutor Name Here /Assessor Panel Dr Keith Hoodless To meet LO 1 Assessment method To meet LO 2 To meet LO 3 Written Report not exceeding 4000 words covering all tasks To meet LO 4 Key dates: Assignment distribution date to learners
Premium Citation Decision making Business school
NCFE Level 2 Certificate in Equality and Diversity Unit 1: Exploring Equality and Diversity Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your
Premium Discrimination
2 Risk Assessment Contents Page 2 Learning Objectives Page 3 Unit One Pages 4 – 6 Legal Framework for Risk Assessment Unit One Questions Page 7 Unit Two Pages 8 - 12 Getting Started Unit Two Questions Page 13 Unit Three Pages 14 – 17 Level of Risk Unit Three Questions Page 18 Unit Four Pages 19 - 22 Control Measures Unit Four Questions Page 23 Risk Assessment Learning
Premium Risk assessment Occupational safety and health Assessment
UNIT 4: Business Communication Introduction In this unit I will be required to write a report of the types of communication used within a business. Effective communication is an essential part of a successful business. Communication involves the transmission of information from one place or one person to another; this is because the information is communicated in the form of a message. There are two main forms of business communication: Internal communication‚ i.e. communication within the
Premium Communication Management Organization