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What are the 7Ps of the Marketing Mix?
The Marketing Mix is probably one of the most important topics in Marketing. But what does it actually mean?Well, the marketing mix is essentially the essential elements that all mark...
Recent Business Theories
Business theory has been developed and revised over time to keep up with the ever-evolving world of business. Several new theories have received a great deal of attention in recent ...
MONEY as a concept and empirically
From an educational point of view the idea is to start simple (or fundamental) in a descri ptive way (POSITIVE ECONOMICS) and develop definition to a more sophisticated level. We will...
Terms and Conditions of Employment
Terms and Conditions of Employment Revision sheet by Soulla Contract of EmploymentThis is a written document containing the terms and conditions of employment relating to a pa...
Active Verbs and their Meanings to achieve the best results in Business Studies
ACTIVE VERBS BTEC LEVEL 3 Business Studies Mrs Soulla, Private Tutor (Former Lead Verifier for Business, Business Studies Teacher and Head of Entrepreneurship)When you are comp...
Key facts for investment appraisal
Investment Appraisal the key facts Payback Payback is the simplest method of investment appraisal. The payback period is the time it takes for a project to repay its initial inves...
What is 5C`s Analysis?
Similar to the SWOT analysis, 5C analysis helps a business identify the internal and external factors that present either an opportunity or a threat. PESTLE factors are also covere...
Starbucks to Open First Store in Italy
The American coffee shop chain Starbucks has announced that it will open its first store in Italy at the beginning of 2017.Starbucks has always been very careful about opening shops i...
How can we define cash?Example £10 Ex: £10 note can be used to buy goods to the value of that currency. Therefore, by producing the £10 note it can be i...
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Starting a small scale business
Owning a small business helps in developing great business skills that even an MBA course cannot develop. You yourself are the accountant, salesman, store manager, marketer, technic...