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Additional info for ACCA P3 Business Analysis: Practice and Revision Kit
Umboria itself is a wealthy country with high labour costs and property prices, particularly in the capital city of Ambosium. fre ea Victor is the editor of the BA Times, a subscription magazine, published once a month, which provides news and articles preparing students for the examinations of both business analysis associations. The magazine is edited and printed in offices and an adjoining factory in Ambosium. The offices and factory are leased and the magazine currently employs 20 people, all of whom live close to the offices.
They produced a comprehensive range of women's clothing built round the theme of traditional English style and elegance. The Group had the necessary skills to design, manufacture and retail its product range. The Marlow brand was quickly established and the company built up a loyal network of suppliers, workers in the company factory and franchised retailers spread around the world. Marlow Fashion Group's products were able to command premium prices in the world of fashion. Rodney and Betty Marlow ensured that their commitment to traditional values created a strong family atmosphere in its network of partners and were reluctant to change this.
For two years MMI left First Leisure managers alone, letting them get on with running the company. However, in 2004 a First Leisure manager commented on the difficulty of developing new leisure parks due to increasingly restrictive government planning legislation. This gave the CEO of MMI an inspired idea and over the next three years the five quarries which were either closed or near exhaustion were transferred to First Leisure and developed as new leisure parks. Because these were developments of 'brown field' sites they were exempted from the government's planning legislation.