Case Study - Khalifa -The Bike Shop Khalifa runs a successful café called FreshZ. He started a bike repair business six months ago and the business has done well. FreshZ employs four full time staff in the cafe. Khalifa's second business, ‘Fitt Bikes,' has one employee, who helps to repair bikes. Both businesses are run from a shop located in a busy shopping area. A park nearby has a cycle track. Some of Freshz suppliers include: Fatima's Bakery DCS-Dubai Cleaning Services The Fair Trade Coffee Bean Company Khalifa wants to expand his business further. He needs to know if he will make enough profit over the next six months. To do so, Khalid has suggested calculating his breakeven point, and his profit. Khalifa will need 100,000 AED to expand his business. 2a. Evaluate why it is a good idea for Khalifa to calculate his breakeven point.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answertop managers;

answergoing to the symphony;

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.