Business Help...

[Kabab]

Some few business doubts which i want to clear and need some definitions:

1. Niche Market?    <---
                                         | can any one give me a simple and clear definition with an example.
2. Loss Leader?      <---

3. A past paper question(2002 N/O, paper1, Question 3 part c)
    There i have done the question with ROCE and Net profit margin..
    In 2002 i get ROCE = 20% and Net profit margin as 10%
    while in 2003 ROCE = 25% and Net profit margin as 8.33%
    so can anyone tell me what is the answer?

[Most UniQue™]

Some few business doubts which i want to clear and need some definitions:

1. Niche Market?    <---
                                         | can any one give me a simple and clear definition with an example.
2. Loss Leader?      <---

3. A past paper question(2002 N/O, paper1, Question 3 part c)
    There i have done the question with ROCE and Net profit margin..
    In 2002 i get ROCE = 20% and Net profit margin as 10%
    while in 2003 ROCE = 25% and Net profit margin as 8.33%
    so can anyone tell me what is the answer?

A niche market is a small ,usually a specialised, segment of a much larger market.

loss leader is a strategy used by businesses where  prices of products are sold at a lower price in order to attract more customers.This is somehow a kind of sales promotion....

I cnt download the pastpapers cuz theres sm problem with my internet sry

[Kabab]

your answers are correct.

no both are a better position
as in 2003 ROCE is better than 2002
and 2002 Profit margin is good
so tell me which is better?

[Kabab]

A niche market is a small ,usually a specialised, segment of a much larger market.

loss leader is a strategy used by businesses where  prices of products are sold at a lower price in order to attract more customers.This is somehow a kind of sales promotion....

I cnt download the pastpapers cuz theres sm problem with my internet sry

Thanks

It's ok

[Most UniQue™]

Thanks

It's ok

Anytime

i got ur question! Do u mean whether higher ROCE is better or higher profit margin?

[Qudsiyah]

Thanks

It's ok

oh right .. duh .
B is in a better position as indicated by the rate of return
ROCE is given more importance.

[Qudsiyah]

as in looked at 1st.

[Kabab]

oh right .. duh .
B is in a better position as indicated by the rate of return
ROCE is given more importance.

Thank you both
Ok ROCE is given more importance