By Neil Harris (Eds.)
'Business Economics: concept and alertness' is an undaunting and obtainable textual content that makes a speciality of the true global of commercial and the way this pertains to economics.
The hyperlinks to enterprise are way more intrinsic that during different company economics textbooks the place a enterprise ''flavour'' is just additional to conventional economics idea. It presents an in-depth jargon-free research, relatively appropriate for one semester classes. various case experiences and questions are used during the textual content either to demonstrate key issues and for seminar and task paintings. Diagrams are integrated to help the reason of complicated matters, and evaluate and dialogue questions are included to consolidate and extend at the studying. A lecturer's complement accompanies the textual content
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Extra resources for Business Economics. Theory and application
The role of the Restrictive Practices Court, the Ofﬁce of Fair Trading and the Competition Commission are a clear illustration of this. Had Manchester United been acquired by News Corporation this could have affected the prices charged at Old Trafford (Manchester United’s ground) and, more importantly, the prices viewers pay for watching sport on satellite and cable television. There could also have been long term effects on other television companies and their ability to supply sports events; the BBC has already been priced out of many sports events which it has traditionally shown through having to rely largely on income from licence fees and hence being unable to compete with BSkyB.
In September 1999, M&S launched its new autumn collection of clothes, but this did not sell as well as anticipated; this downward trend was further emphasised by continuing falling sales over the Christmas 1999 period as rivals slashed their prices. In December 1999, with M&S shares at 273p, rumours spread of a possible take-over bid by Philip Green, a retail entrepreneur, although subsequently this did not materialise. To address its continuing weaknesses M&S split the group into seven business units, to improve its focus on customers, each charged with being fully proﬁt-accountable, so that no underperforming part of the business might hide behind the results of the group as a whole.
As a result, the name Manchester United is one of the world’s most famous brand names. To capitalise on this, in late 1998, the company started its own satellite television channel, a joint venture with Granada Television and BSkyB, so that subscribers anywhere in the world can watch its games. According to marketing experts, the potential revenue for the channel is incalculable. 5 million). Currently it makes £22 million per year from broadcasting rights. Manchester Utd changed from being a private to a public limited company in 1991, when it was valued at £47 million, whilst in the 1980s it had been for sale for £10 million.
Business Economics. Theory and application by Neil Harris (Eds.)