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Augmented reality brings subjects to life

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Business Studies Year 13 revision Day 12 - Innovation

Business Studies Year 13 revision Day 12 - Innovation

On day 12 of the Year 13 recap we focus on the innovation pressures that business face and the different approaches a business can take to encourage innovation within the business.

Innovation drives improvements in product standards and helps a business source a selection of different cost efficiencies, through improvements in the production process.

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Business Studies Year 13 revision Day 11 - Causes of change

Business Studies Year 13 revision Day 11 - Causes of change

 On Day 11 of the Year 13 recap, we review the factors that can cause strategic change within a business.

Change can be disruptive, in the sense, that it can destabilise the processes and operations of a business and unsettle staff members along the way.

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Business Studies Year 13 revision Day 10 - Strategic change

Business Studies Year 13 revision Day 10 - Strategic change

On day 10 of the Year 13 recap we review the disruption that is caused when a business must commit to making a strategic change.

The environment in which businesses operate, both internally and externally, is constantly changing and evolving. This means that a business cannot maintain a static strategy, it must be prepared to make changes to its existing strategy to react to the changing market conditions.

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Business Studies Year 13 revision Day 9 - Corporate cultures

Business Studies Year 13 revision Day 9 - Corporate cultures

On day 9 of the Year 13 recap we review the different corporate cultures that can emanate within a business and how the culture of a business shapes the strategic direction of the business going forward.

The organisational culture of a business shapes the ethos and vision of the company because it reflects not only the organisational hierarchy of the business, but also the behaviours, attitudes and spirit that circulates within the stakeholders of the company.

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Business Studies Year 13 revision Day 8 - Corporate Social Responsibility

Business Studies Year 13 revision Day 8 - Corporate Social Responsibility

On day 8 of the Year 13 Recap we review the topic of corporate social responsibility (CSR) and why it matters for a business.

All private sector organisations are in this game for one reason and that is to make a profit. However, businesses also need to respect the fact that they have several different social responsibilities.

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Business Studies Year 13 revision Day 7 - Shareholder vs Stakeholder concept

Business Studies Year 13 revision Day 7 - Shareholder vs Stakeholder concept

On day 7 of the Year 13 Recap we take a look at the distinction between the shareholder and stakeholder concept for a business.

Stakeholders of a business represent the individuals who have a vested interest in the business because they are influenced by the decisions that a business makes.

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Business Studies Year 13 revision Day 6 - Porter's Five Forces Model

Business Studies Year 13 revision Day 6 - Porter's Five Forces Model

On day 6 of the Year 13 Recap we look at Porter’s Five Forces Model.

This model was devised to illustrate the range of competitive pressures that a business can expect to face when entering an industry. These competitive pressures are all interrelated and affect the overall rivalry between firms in any given market.

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Business Studies Year 13 revision Day 5 - PESTLE Analysis part 2

Business Studies Year 13 revision Day 5 - PESTLE Analysis part 2

On day 5 of the Year 13 Recap we continue our review of the business acronym PESTLE and focus on the final three components – technological, legal and environmental threats to opportunities.

Businesses must cope with quite dramatic and dynamic changes within the market. One area in which change is a prominent factor is the quality and uptake in technology within firms.

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Business Studies Year 13 revision Day 4 - PESTLE analysis part 1

Business Studies Year 13 revision Day 4 - PESTLE analysis part 1

On day 4 of the Year 13 recap we begin our review of the business acronym PESTLE and discuss the relevance of the first three components.

PESTLE is an acronym that businesses use to analyse the possible threats to future opportunities. This means that businesses take a wide and expansive perspective of some of the changes in the external environment which can impact their own performance.

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Business Studies Year 13 revision Day 3 - SWOT Analysis

Business Studies Year 13 revision Day 3  - SWOT Analysis

On day 3 of our Year 13 recap we take a look at SWOT analysis and why it matters for a business.

If a business is to deliver a balanced performance across different aspects and departments of the company then it needs to identify what the business does well and what the business can improve on. This is crucial because a business is only as productive as its least productive division.

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Business Studies Year 13 revision Day 2 - Types of Growth

Business Studies Year 13 revision Day 2 - Types of Growth

On day 2 of the Year 13 recap we take a look at the different types of growth that a business can generate.

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Business Studies Year 13 Revision Day 1 - Business Growth and Retrenchment

Business Studies Year 13 Revision Day 1 - Business Growth and Retrenchment

Our Year 13 Recap kicks off with a review of the different strategic directions that a business can take.

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Business Studies Recap Day 30 - Inventory Stock Control Charts

 On day 30 of the year 12 recap we look at how a business can improve the management of its stock via an inventory control chart.

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Business Studies Recap Day 29 - Quality Initiatives

 On day 29 of the year 12 recap we look at quality initiatives that can be undertaken to improve the quality standards within a business.

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Business Studies Recap Day 28 - Operational Data

 On day 28 of the Year 12 Recap we focus on a specific area of the operations division of a business and look at the operational data a business may collect.


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Business Studies Recap Day 27 - Operational Objectives

 On day 27 of the year 12 recap we look at the main operational objectives which a business may have in mind when delivering a good or service to the market.

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Business Studies Recap Day 26 - Analysing Cash Flow Forecasts

 On day 26 of the year 12 recap we analyse cash flow forecasts and how a business can improve its own cash flow position.


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Business Studies Recap Day 25 - Cash Flow Forecasts

 On day 25 of the year 12 recap, we turn our attention to cash flow forecasts and the importance of cash flow for a business.


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Business Studies Recap Day 24 - Analysing Break Even Charts

 On day 24 of the Year 12 recap, our analysis of break-even points continues by looking at break-even charts.

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Business Studies Recap Day 23 - Break Even Analysis

On day 23 of the Year 12 Recap we look at break-even points for a business and why it is important for any business to reach this particular point.

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