Part 1[3]
Briefly explain one probable effect on PM of this reduction in total revenue.
Business 9609 · AS & A Level · Business finance
Briefly explain one probable effect on PM of this reduction in total revenue.
This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: “A developed explanation of how a fall in total revenue could affect PM (for example, lower profits limiting reinvestment, reducing the affordability of product development/market research, causing redundancies, or influencing profit-sharing schemes or share price, etc.).” …