Year 12s: what will be the first way you research your future options? >>

Can someone help me with this homework on profit?

LPLunaticFringe

http://imgur.com/a/RscPv
I've already done the first question, I have no clue what to do in the next three.

Reply 1

Juno

Original post by LPLunaticFringe

http://imgur.com/a/RscPv
I've already done the first question, I have no clue what to do in the next three.

2) Roy and Bruce are concerned about costs. We (they) have no idea what the costs are. How would we (they) work out what the costs are? What would be a logical thing to do to get this information?

3) What are methods of increasing the sales revenue? They can't afford expensive advertising. Can you think of either a cheap method of advertising, or a different method of increasing sales revenue? Explain this method, and what is likely to happen if they do it.

4) What are two benefits of merging and opening more stores? What are two bad things that could happen?
What are two benefits of diversification? What are two disadvantages?