Category: business studies a level

Market Analysis Business Studies A2

This article will go over what is market analysis, methods of market analysis, reasons for understanding customers and what can market analysis achieve. What is Market Analysis? When a firm undertakes a detailed examination of the characteristics of a market: The Market size. Market Share. Costs and difficulties …

Understanding Lean Production

The article will go over the Business Studies A2 topic, lean production. This will include JIT (just in time), bench marking, TQM (total quality management), time based management, cell production, BPB (best practice bench marking), minimum standard bench marks and kaizen. Feel free to skip to the parts …

Understanding Network Diagrams – Everything YOU Need to Know

This article will go over everything you need to know for BUSS 3 Business Studies A2 about Operations Management being network diagrams, nodes, critical path analysis, how to draw a network diagram, the rules for drawing networks, float in networks and pros and cons of network diagrams. Feel free to skip to …

Understanding Investment Appeal For Businesses

Invest appraisal is a set of techniques to weigh up the potential of various investment/projects which will always come up in Business Studies A2 BUSS 3. There are three quantitative techniques: Payback – Time taken to recoup initial investment. Average Rate of Return (ARR) – Percentage profit on the investment. Net Present …

Window Dressing Business Accounts

Window dressing is used by business to make their balance sheets and income statements look more healthy or in some cases worse. It the current different climate businesses are in, window dressing has been used more than ever to cushion the drop in sales and revenue. However, window …

Understanding Marketing Plans

In this article, we will be looking at the uses of marketing plans, the benefits of marketing plans, the drawbacks of marketing plans and the scientific marketing model. This is useful for Business Studies AS and A2 students and business people alike. What Is A Marketing PlanMarketing plans …

Understanding Human Resource Management In Business

In this article I will be explaining the two main types of HR types, soft HR and hard HR. This is helpful for Business Studies A- Level students for their BUSS3 exams and business people alike. This article will also cover the advantages and disadvantages of soft HR and …

Accounting Ratios on a Balance Sheet

In this article, which will especially help those studying Business A2 and preparing for the BUSS 3 exam, it is important to know the ratios and formulas you can use to help interpret that figures from a balance sheet. If you still don’t know what a balance sheet …

Understanding Balance Sheets – Everything YOU Need to Know

A balance sheet is a ‘financial snapshot’ at a specific moment in time for a business. It looks at all the assets (something a business owns) and all the liabilities (something the business owes). It is possible a balance sheet will appear in a Business Studies A2 exam …

Understanding Income Statements

For Business Studies A2, it is important to understand what an income statement is, how to analyse the figures on an income statement and interpret the data too. You can learn quite a lot about a business through an income statement. All companies need to produce an annual …