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Business Studies
Our business studies section offers comprehensive resources designed to deepen your understanding of fundamental business principles. Explore topics ranging from marketing to operations, tailored to support both academic and professional growth.
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....