'Perfect price discrimination is a good thing' - do you agree or disagree with this statement.
Analysis of market efficiency with graphs of market under single price and perfect price discrimination, discussion of welfare impacts and equity as well as price, quantity and profit analysis.
Explain the process of carrying out a seed investment round of funding.
Chronological explanation of the process from research and creation of a business plan to administration with investors once the funding has been pledged via schemes such as SEIS, pitching skills, utilisation of angel networks, legal and administrative requirements.
Explain the changing business model of Rolls Royce over the past 20 years.
A model answer to this question would include discussion of the move from engines as a product to the 'power by the hour' service model, the diversification into marine as well as the exit from gas turbines and suppressors as well as the growing importance of defence contracts.