Part 1[4]
Explain two ways QF could improve its profit margin.
Business 9609 · AS & A Level · Costs
Explain two ways QF could improve its profit margin.
This 4-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Lower costs (for example by reducing cost of sales, bulk-buying, or switching to cheaper suppliers) so the profit margin rises” …