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Amara leaves her salaried job, puts her savings into tools and a rented unit, and hires two mechanics to open a bicycle repair business. Which factor of production does Amara provide as its founder?

A factory plans to automate its packing line. This will cut 60 jobs and is expected to raise profit by $1.2 million a year. Which conflict is most likely?

A hospital in a country with an ageing population expects a quarter of its nurses to retire within five years, while demand for care rises. Which factor in human resource planning does this show?

An employee has a secure, well-paid job and close friends at work. She now says she wants recognition and a job title that reflects her skills. According to Maslow, which level of need is she trying to meet?

In one year a delivery firm buys a new van for $28,000, spends $6,500 on fuel, pays $1,200 for repairs to its vans and builds a warehouse extension for $40,000. What is its revenue expenditure?

A company's sales revenue is $900m, cost of sales $540m, expenses $210m, interest $30m and tax $30m. What is its profit before interest and tax?

A bakery pays $200,000 in cash for a new oven that will raise output from next year. What is the most likely effect this year?

Which statement best describes a market-oriented business?

Why is cash flow usually negative during the introduction stage of the product life cycle?

A bakery makes 400 white loaves, then cleans and resets its machines to make 300 rye loaves. Which drawback of batch production does this show?

A product has a 4% share of a market that is growing by 18% a year; the market leader has a 30% share. Where does the product sit in the BCG matrix?

Which describes Section B of Paper 2, at both SL and HL?

A private clinic needs three scanners. The technology improves every few years, and the clinic wants to avoid a large payment now and to have repairs covered. Which source of finance fits best?

A shoe maker lets online customers choose the colour and stitching of a trainer, which is then built on an automated line. Which method is this?

A sports drink is advertised on national television, and the advert shows a code that viewers can scan for a voucher to use in store. Which kind of promotion is this campaign?