Edexcel GCSE Business Studies Unit 1 & 3 2016Watch
ELIMINATE as you go and you shudd be ight
Do check out examiner reports for past papers, they can be very helpful.
Was it sole rights to a use of the product
An insurance policy that provides protection for 20 years
Protects an invention or process
I know that no ones posted on here recently but i need help with unit 3. I wasn't in for the lesson about the boston matrix so i done a bit of revision but i don't get what it means by slow growing markets/ high market growths and share capital. And what else do we need to know about it apart from dogs problem child rising star and cash cows? I'd really appreciate some help!!
Share capital is just the money raised from selling shares in a business. This is not related to the Boston Matrix though. Just a long term source of finance!
You just need to learn how the Boston Matrix can benefit a business and how the Boston Matrix links to the product life cycle. E.g when to implement a new product, when the product is in the maturity or decline phase. This is a bit long but I hope it helps. Good luck with the exam. You got this! 👍