Why are profits important to a firm 3 3 Identify three other objectives that a

Why are profits important to a firm 3 3 identify

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2.Why are profits important to a firm? [3] 3.Identify threeother objectives that a firm might set. [3] 4.How could Nike manage to achieve higher profits despite a decline in its sales revenue? [4] 5.Why do you think Nike’s shares prices rose? [3] 6.What steps could Nike take to boost its sales? [7]
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1.What is meant by privatisation? [3] 2. What are the economic arguments for and against privatising Deutsche Bahn. [8] 3.Why do you think trade unions are opposing privatisation? [4] 4. What impact could the privatisation of Deutshce Bahn's passenger and freight services have on travel industry in Germany. [5]
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[ ECONOMICS DATA RESPONSE QUESTIONS ] This Worksheet has been downloaded from . Revision notes, crosswords, quizzes, flash games for IGCSE, A Level, IB Diploma Business Studies, Economics and Accounting. Check out Business studies and economics blog for latest info. © W EAKER SALES DENT D ISNEY PROFITS Walt Disney has reported a fall in profits of more than a quarter as the downturn hit revenue at its film and theme park divisions. Net profit between April and June came in at $954m (£579m), down 26% on the $1.28bn the entertainment giant made in the same period last year. Revenues of $8.6bn were down 7% from the $9.2bn recorded a year ago. The results failed to meet analysts' expectations and Disney shares fell in after hours trading by 3%. Revenues at the Parks and Resorts division fell 9% to $2.8bn, while those at the Studio Entertainment division fell by 12% to $1.3bn. The company said visitors were spending less at its theme parks, both in the US and in Paris, France.
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