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HomeSubjectsBusiness Studies

Business Studies

Planned market and mixed economies

Three main sets of decisions need to be made by the economic system - what to produce, how to produce, and how to share...

Responding to social responsibilities and ethics

Businesses work in a wider social environment in which they have a responsibility to a range of stakeholders including the wider community. The term Corporate...

Consumer protection

Consumer protection is the process of defending consumers against unscrupulous practices by producers and sellers. Over time, case law in this country has developed...

Legal protection for customers

Consumer protection is the process of defending consumers against unscrupulous practices by producers and sellers. Over time, case law in this country has developed...

Marketing and the law

Marketing is designed to achieve profitable sales. It involves the use of powerful tools to manipulate the decisions of individuals and of other firms...

Protecting the customer

There are a number of laws that protect the customer against the actions of unscrupulous manufacturers and sellers. Particularly important are the Sale of Goods...

Reasons for regulating business activity

Regulation means providing rules and frameworks for business and other activities. Some aspects of business activity are self-regulating - for example, the Advertising Standards...

Business in the community

The term business in the community relates to the relationships that a business develops with stakeholders in its external environment. In addition Business in...

Market research

Market research involves collecting, recording and making sense of all the available information which will help a business unit to understand its market. Market...

Budgeting

An old proverb says 'he who fails to plan, plans to fail'. Although not originally quoted in a business context it certainly holds true....

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