Cima Study Text: Stage 1 Exemption, Paper B - Business Studies (8/90)

Cima Study Text: Stage 1 Exemption, Paper B - Business Studies (8/90)

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One of a series of regularly updated Study Texts providing coverage of the examinations of Chartered Institute of Management Accountants (CIMA), this workbook covers the entire syllabus and includes numerous questions from past examinations with full suggested solutions. The text is divided into three sections, covering statistics, business law and economics.
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Product details

  • Paperback | 527 pages
  • 205 x 290mm
  • BPP Publishing Ltd
  • London, United Kingdom
  • Revised
  • Revised edition
  • 0862777941
  • 9780862777944

Table of contents

Part 1 Statistics: collection of data; sources of published statistics; presentation of data - accuracy and errors; index numbers; presentation of data - frequency distributions, tables and charts, graphs; averages; dispersion; elementary probability. Part 2 Business law: the nature and sources of English law; forms of liability; nature of contract; offer and acceptance; consideration; intention to create legal relations; terms of contract; the form of contract; mistake in contract; misrepresentation; duress and undue influence; contracts illegal or contrary to public policy; capacity to make contracts; discharge of contracts; remedies for breach of contract; law of agency; tort - basis of liability; negligence and related torts. Part 3 Economics: economics and society; economic structures; demand theory - supply and demand; application of demand theory; the concept of elasticity; theory of consumer behaviour; theory of the firm - cost and output; perfect and imperfect competition - forms of market structure.
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