Glossary

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market environment

Subject: 

  • Business Studies

those factors that immediately surround the business form the market environment. The people and institutions in the market environment as a rule deal directly with the business. Consumers, competitors, suppliers and intermediaries are the four main components of this environment.

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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

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