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Olympic Games 2012
a) Revenue expenditure is spending on the daily running of a business, such as materials and wages used in the preparation for the 2012 Olympic Games. Capital expenditure, on the other hand, refers to the finance spent on purchasing fixed assets, such as the buildings and machinery, land used in preparation of the Olympic Games in London.
b) There are different potential benefits to businesses, such as:
Businesses in London are most possible to benefit the most, although other organisations such as suppliers outside of the capital may also benefit. There must be a clear examination of at least two benefits to be awarded maximum marks.
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