Zusammenfassung der Ressource
Business Studies Unit 1
- Starting a business
- Why start a
business?
- What is a business?
- Business
Location?
- Objectives //
Aims?
- Social enterprise?
- Gap in the
market?
- Market
Mapping
- Franchise
- Advantages //
Disadvantages
- Stakeholder
Influence?
- Sole
Trader
- Partnership
- Unlimited Liability
- Marketing
- Primary
- Reliable, Cost, time
consuming
- Questionnaire!
- Secondary
- Non reliable, non costly, time
consuming
- Internet
Research
- Marketing
Mix
- Important?
- 4 P'S
- Adapting to the
product?
- Finance
- Sources
- Bank loan
- Overdraft
- Grants
- When to use
them?
- Advice?
- Calculations!
- Profit, Loss, Expenses, Revenue
- Importance of
cash?
- Cash flow
forecast!
- Importance,
Benefits?
- Interpreting?
- Solutions to
problems
- People in business
- When to recruit workers
- Recruitment methods
- Payment?
- Skills needed for job?,
experince of worker, how
much other familiar firms
are paying
- Attracting and keeping the
best!
- Monetary // Non
Monetary
- Full time, part
time?
- Job description
- Specification
- Advertise!
- Short list candidates
- Interviews
- Internal // External
recruitment
- Motivation!!
- Importance?
- Techniques?
- Protecting the
staff
- Equal pay, minimum
wage, discrimanation
legalisation, employment
rights, health and safety
acts
- Operations Management
- Job production //
Batch production
- Advantages //
Disadvanatges
- Operationally
Efficient
- Advantages
- More operationally efficient?
- Machinary, highly
motivated workers,
minimum wastage, faster
production methods
- Technology
- Robots
- Communication
- Quality
- How can it be
achieved?
- Customer
Service
- Reliability, pre sales advice,
service at time of purchase,
after sales purchase
- Benefits?
- Consumer
Protection
- Sales of goods act
(Product is as described)
- Consumer protection act
(Suffers injury from
product)
- Competition act (fix
prices)
- Consumer protection (distance
selling)
- Consumer protection (unfair trading
situations- Advertisements mislead or
decieve