In this short video learn how you can about the topic of Critical Path Analysis (CPA) and how this can be used to make business decisions. This specifically focuses on Critical Path Analysis (CPA) and how it can be calculated and what conclusions can be drawn from the information that it presents to us.
This is an ideal revision resource for your BUSS3 Business Studies exam or any finance based business course.
{youtube}-EqWGSdQSvI|300|250|{/youtube}
In this short tutorial BeeBusinessBee takes a look at the topic of business aims and business objectives. You should learn the difference between the two different statments and also able to construct SMART objectives.
You can use this tutorial as a revision resource or as teaching aid, as it comes with built in tasks that your teacher can pause and use at their own pace.
{youtube}KYUxr16NT38|300|250|{/youtube}
Economies of Scale are a comment area of discussion in Business Studies and typically you can refer to these in most business answers that you produce.
Typically we all understand the basic concepts of an economy of scale, however how well do we really know this topic? This tutorial takes a look at the topic of economies of scale, reviewing the different types that exist as well at the reasons that dis economies of scale take place.
{youtube}ynM268_zhs8|300|250|{/youtube}
Capacity Utilisation is one of the areas of Business Studies that students and staff can find difficult to understand. This is why we have produced a short and factual video covering this area of Business which can make an excellent starter, group work companion or individual revision tool.
It would be advisable that you watch this video once, before watching it again and recording any key notes. A good way to do this could be via a mind map.
{youtube}7-FT-dni1iY|300|250|{/youtube}
The term "Channel of Distribution" in Business Studies tends to refer to how the product will actually be sold.
Typically there are two different channels of distribution that are used by business;
Business to Business (B2B) is when a business will sell its products to another business. This is typically the most common type of distribution as it involves selling a large volume of products, at a lower price than the final retail price that the customer will pay.
For example: Coke Cola selling cans to Asda would be an example of Business to Business (B2B). Asda is the the customer who will by large quantities of drink for a lower unit cost than what the product will be sold on to the customer for.
Business to Consumer (B2C) is when a business will sell its products direct to the customer. This will typically happen using the internet as this enables the manufacturer the chance to sell direct to the final customer without the need for a shop, which typically can be expensive. They will be selling in smaller volumes of product, however each item will now be at a higher price, meaning increased profits.
For example; Asda selling the Coke Cola in the store is an example of Business to Consumer (B2C). The can of Coke will now be more expensive than the price that Asda bought the Coke for, however this difference in price will be the profit that they make on each can sold.
Here you can find a copy of a technology workbook that you can use to help guide your notes on this topic.
https://drive.google.com/file/d/0B0VJuruLG_clbnpJcGlUZFF2ajA/edit?usp=sharing
A rough guide of the revision booklet is shared below. This will be updated in the future.
https://drive.google.com/file/d/0B0VJuruLG_clU3RvQTZfNEJtOTQ/edit?usp=sharing
