Re correction I. test 1 to microeconomics. Thomas Vodanovic

irst we have to be clear about the law of downward sloping demand, which states that as price increases, quantity demanded decreases, ie there is an inverse relationship between price and quantity demanded, this law no longer fulfilled only with so-called Giffen goods, which have positive slope, since increasing their prices increase demand.

potential corporate restructuring of Grainger plc

Grainger plc is the UK’s largest specialist residential property owner and manager traded on the London Stock Exchange. We have approximately £2.1 billion of property assets and £2.8 billion of assets under management. We are property managers for approximately 24,650 properties in the UK and Germany. We intend to maintain this market leading position.

Powergen PLC’s Strategic Development

The objectives of this report were, firstly, to identify three key areas of interest taken from the case study about some of the many strategic changes PowerGen has undergone since 1989, and secondly, to analyse these issues with reference to current management thinking and research.