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Business Studies Factsheet: 23. Production Systems
Since humans have lived on the earth they have survived by making things. Initally, these things were concerned with our survival; weapons for hunting, huts for shelter, and food to eat....
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Business Studies Factsheet: 24. Cost and Cost Centres
A business is made up of many different sections e.g. marketing, personnel etc. The total costs of a business can be divided up among each of the different sections of a business t...
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Business Studies Factsheet: 25. Discounted Cash Flow - Its use and abuse
The evaluation of investment opportunities is called INVESTMENT APPRAISAL. This might involve deciding whether to make a particular investment, or choosing between a number of dif...
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Business Studies Factsheet: 26. Car Plant Closures
The UK and the US have for many years been car manufacturers, their economies being dependent to a significant extent on the success of the automobile industry. The early part of the 21st...
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Business Studies Factsheet: 27. Why do so many small businesses go bust?
Every year thousands of new small businesses are started. Small businesses are very important to the economy and many are successful, with some becoming large businesses over time. ...
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Business Studies Factsheet: 28. Modern Role of Trade Unions
UNISON and AMICUS are two of the largest trade unions of the modern era. These new unions understand that their influence is vital to the prosperity of business and its employees...
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Business Studies Factsheet: 29. The Impact of Taxation on Business Activity
Taxes are, as is often said, a necessary evil. We need them to pay for our schools, hospitals, armed forces and so on. However, no one likes paying taxes, and most of us think the burden...
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Business Studies Factsheet: 30. A2 Business Strategy
• The globalisation of business, a higher rate of product obsolescence (due to rapid technological developments) and the increased sophistication of consumers, has led to increased competi...
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Business Studies Factsheet: 31. The Balance Sheet And The Trophy Cabinet
• In 1979 Nottingham Forest, managed by the shrewd and legendary Brian Clough, won the European Cup. • Yet in April 1975, when Clough became the manager, the club langui...
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Business Studies Factsheet: 33. The Importance of Financial Stability to Business
In this Factsheet, we are going to examine what the UK monetary authorities do to keep the financial system stable and inflation low. We are then going to see the importance of financial...
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