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Environmental Studies Factsheet: 90. Nitrogen Fixation
Every living organism needs nitrogen to make nucleic acids and proteins. But before atmospheric nitrogen can be used, the strong triple bond between the two nitrogen atoms has to be broken. ...
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Business Studies Factsheet: 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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Business Studies Factsheet: 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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Business Studies Factsheet: 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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Business Studies Factsheet: 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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Business Studies Factsheet: 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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Business Studies Factsheet: 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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Business Studies Factsheet: 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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Business Studies Factsheet: 11. Impact of Inflation and Interest rates - Case sudies
To fully appreciate the impact of inflation and interest rates we need to consider the business cycle. Over the past 25 years the aggregate demand for goods and services has grown at rou...
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Business Studies Factsheet: 12. Price Elasticity of Demand made simple
Price is a very important part of any business’ marketing plan. Decisions to change the price of any product are not taken lightly. One concept that needs to be considered is the pri...
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