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Unit 2(Part 4) : Absenteeism"
A-Level AQA Business Revision Unit 2(Part 4) : Absenteeism
Absenteeism - the percentage of workers who are not in on work days for a given period Absenteeism Formula Number of staff absent during...
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Unit 2(Part 3) : Measuring Workforce Effectiveness"
A-Level AQA Business Revision Unit 2(Part 3) : Measuring Workforce Effectiveness
Voluntary - When the employee leaves for their own reasons. This is usually unplanned as far as the organisation is concerned, and is...
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Unit 2(Part 2) : Span of Control"
A-Level AQA Business Revision Unit 2(Part 2) : Span of Control
Span of control - The number of subordinates one job/postholder is responsible for There are two types, a narrow span, or wide span. They...
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Unit 2(Part 1) : Managing A Business"
A-Level AQA Business Studies Revision Unit 2(Part 1) : Managing A Business
There are 4 main functional areas of a business: - Finance - Marketing - Operations Management - Human...
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Unit 1 (Part 16) : Business Start Ups"
A-Level AQA Business Revision Unit 1 (Part 16) : Business Start Ups
Business objectives need to be: - Specific - Measurable - Agreed - Realistic - Time specific A business' success depends upon it's...
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Unit 1(Part 15) : Budgets"
A-Level AQA Business Revison Unit 1(Part 15) : Budgets
Budget - Financial targets for the future, covering revenue and expenditure over a certain period of time Business use budgets to: -...
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Unit 1(Part 14) : Cash Flow"
A-Level AQA Business Revision Unit 1(Part 14) : Cash Flow
Cash - All the money involved with the business Cash flow - The circulation of money in and out of the business Cash inflow - Money...
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Unit 1(Part 13) : Sources of Finance"
A-Level AQA Business Revision Unit 1(Part 13) : Sources of Finance
Why do businesses need finance? Not alot in life is free. Businesses need finace in order to fund their operations, their manufacturing,...
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Unit 1(Part 12) : Market Size & Market Growth"
A-Level AQA Business Revision Unit 1(Part 12) : Market Size & Market Growth
Businesses need to know the market that they operate in. They need to be aware of it's size, growth or decline. This can help them decide...
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Unit 1(Part 11) : Understanding Markets"
A-Level AQA Business Revision Unit 1(Part 11) : Understanding Markets
Why is demand important for businesses? Demand sells. If there is no demand for a good or service, then it will not be a successful...