KnS ACCA Wing

ACCA – F1 (BT) BUSINESS & TECHNOLOGY

by Syed Munib

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Theory nai fun …. Experimental Learning hogi janab
We will gamify the subject … F1 asie chalay ga !!

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SYLLABUS :

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SWhy are there firms ?

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What the Organization does ?

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Advantages:

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Disadvantages:

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Advantages:

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Disadvantages:

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Eg:______________________________________ Eg:______________________________________

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Stakeholders might have different expectations of a business. For example:
➢ Customers want good-quality products at low prices, but if the highest possible profit is to be
gained then higher prices might have to be charged. Higher profits will be desired by shareholders
because high profit can mean higher dividends being paid to them.

➢ Owners/shareholders want the business to have large profits but this might be in conflict with the
employees, who want to be paid higher wages. Higher wages will increase costs but reduce profit.

➢ The government usually aims to have lower unemployment and will therefore be in conflict with
a business that wants to increase its use of machinery and reduce the number of people employed.

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However, a change in production methods might make the business more profitable and therefore
liable to pay more tax to the government.
➢ If suppliers charge higher prices for their goods, a business will have increased costs, so reducing
profits and dividends paid to shareholders.

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