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  • 01. Motivation in Practice

    01. Motivation in Practice

    In the past, managers and motivational theorists spent a substantial amount  of time trying to identify the key factors involved in motivating people to  work....

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  • 02. Budgeting:- Calculating and Interpreting Variances

    02. Budgeting:- Calculating and Interpreting Variances

    What is a budget? A budget is a means of planning and control used by the management of a business or organisation to achieve stated objectives. A budget is commonly set in financial terms e.g. ...

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  • 03. Critical Path Analysis – Basic Concepts

    03. Critical Path Analysis – Basic Concepts

    When a business has a complex project to complete which involves a variety of tasks, critical path analysis (or network analysis) is a technique that can be used to make things clearer and to help the...

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  • 04. The Impact of Exchange Rates - Case Studies

    04. The Impact of Exchange Rates - Case Studies

    The impact of exchange rates upon consumers and companies depends upon the interaction of the following:  • Which type of exchange rate system has the UK government adopted?  • W...

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  • 05. Leadership and Management Styles

    05. Leadership and Management Styles

    Leadership is a key managerial role in any setting. It is defined as the  process by which individual and group activities are influenced toward  organisational goals...

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  • 06. Ratio Analysis Made Simple

    06. Ratio Analysis Made Simple

    The key to understanding and applying ratio analysis is time. Certain aspects of a business will require immediate attention and need to  be resolved in the short-term. Other issues can only be ...

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  • 07. Working Capital - Why it is Important

    07. Working Capital - Why it is Important

    Cash flow is the life-blood of the business - without cash, no matter how  profitable it is, it cannot continue. Cash is needed to pay suppliers (Trade  Creditors) and expenses. It is impo...

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  • 08. Comparing Niche and Mass Markets

    08. Comparing Niche and Mass Markets

    Throughout all areas of change in business the mobility between mass and niche markets has been a characteristic of the last 50 years. Long gone are the days when most markets remained small and some ...

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  • 09. Ethics - A Practical Approach for Business

    09. Ethics - A Practical Approach for Business

    The problem with definitions of ethics in textbooks is that they are vague  and based more on belief than what actually happens. Ethics are not a new  phenomenon. It is the recognition of ...

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  • 10. Market Research - Sampling

    10. Market Research - Sampling

    Businesses have to take risks in order to retain competitive advantage, to  increase added value and hence profit. As the market becomes larger and  the consumer increasingly more sophisti...

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