IGCSE/GCSE/O & A Level/IB/University Student Forum
Qualification => Subject Doubts => IGCSE/ GCSE => Commerce => Topic started by: Kabab on April 18, 2011, 11:12:55 am
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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?
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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
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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?
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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 :)
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Thanks :)
It's ok :)
Anytime ;) ;)
i got ur question! Do u mean whether higher ROCE is better or higher profit margin?
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Thanks :)
It's ok :)
oh right .. duh . :P
B is in a better position as indicated by the rate of return
ROCE is given more importance.
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as in looked at 1st.
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oh right .. duh . :P
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 :D