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Business Studies

Employee participation

Understanding Employee Participation: Empowering the Workforce Employee participation is a crucial aspect of modern organisational dynamics, allowing employees to engage in decision-making processes rather than...

Human resource management

Human resources (HR) are the individuals who contribute their skills, knowledge, and labour to an organisation. Human Resource Management (HRM) refers to the systematic...

Personnel functions

The term personnel department refers to the organisation's function that is responsible for the management and motivation of people in the workplace. The term...

Appraisal

Definition and Purpose of Appraisal An appraisal is both a formal and informal process that facilitates a constructive dialogue between an employee and an appraiser—usually...

Working together: business communications

Effective communication is an essential part of a smoothly running business organisation. Communication involves the transmission of information from a source (or a number...

Communication negotiation and consultation in business

Effective negotiation, consultation, and communication are vital components of successful business operations. These processes foster collaboration, ensure clarity, and enhance relationships among stakeholders. Each...

Chain of production

Chain of Production: A Detailed Exploration The chain of production refers to the various stages a product goes through from its raw form to the...

Stock control

Businesses hold stocks in a variety of forms: raw materialswork-in-progressfinished goodsconsumablesplant and machinery spares. The aim of stock control is to make sure that a business...

Production and Quality

The term 'quality' in a business sense means 'fitness for purpose'. A supplier supplies a quality product when it exactly meets the requirements of...

Quality

Quality is often defined as 'fitness for purpose'. In other words, a product that meets the needs and requirements of its consumer. In his...

Factors of production

The term factors of production relates to the key factors that go into making goods. It is common practice to break these down under...

Operations

Operating activities (or operations) are the ongoing activities that a business is involved in - e.g. processing a customer's order in an Argos store,...

Production and resource requirements

Production consists of all those processes which involve converting inputs into finished outputs that can be sold in the marketplace. In order to carry...

Critical path analysis

Critical Path Analysis (CPA) is a management tool designed to ensure the most efficient scheduling of any project. Suppose that a minor building project consists...

Constraints on production

In the production process, various factors can limit the quantity and quality of output a producer can achieve within a specific time frame. These...

Production process

Have you ever wondered how your favourite snack, your comfy shoes, or even the building you're in was made? It all comes down to...

Production specialisation and division of labour

Specialisation is a key feature of complex industrial societies like our own. It takes place at a number of levels: the division of labour specialisation of...

Planning controlling and reporting

Planning, control and reporting are three important aspects of effective production. Production plans set out the targets, time scales and methods of production. Targets...

Methods of Production: Understanding the Processes Behind Goods and Services

The methods of production are vital to how products and services are prepared for the market. Effective production processes ensure that businesses can meet...

The use of IT

The Role of Information Technology in Modern Business In today's fast-paced business landscape, Information Technology (IT) has become a cornerstone of effective operation and management....

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