Business Studies Collins Revision Guide. - StudyGuide.PK

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Check yourselfRecruitment and selection1 In what three ways might people be asked to apply for a job? (3)2 What is a CV? (1)3 What is a shortlist? (2)4 Describe the other methods an organisation might use to selectfrom the applicants. (4)5 What factors do you need to take into account when choosingwhere to advertise a vacancy? (3)6 Which four important pieces of information are missing in thisjob advertisement? (4)47 List three items that should be included on a contract ofemployment. (3)The answers are on page 105.15
TRAINING (1)Why do businesses train their employees?●●●●●Training can introduce new employees to the business. This iscalled induction training.Dangers in the workplace need to be explained to all workers sothat the business ensures the health and safety of its employees.Health and Safety law demands that employees and employersshare the responsibility for keeping a safe workplace. Trainingshows that the employers take this responsibility seriously.Training can motivate employees and can be the means for themgetting promotion to a better job. This is usually known as staffdevelopment. Motivating means encouraging the employees to dothe job as well as they can.<strong>Business</strong>es try to improve their efficiency. This means that they tryto increase their output from the resources that they have. Bytraining their employees, they hope to increase the amountproduced by each worker.New technology is often introduced to try and increase the efficiency.When it is introduced, it means that employees need training on howto use it. Some employees will need to be retrained so that they canremain in employment as new technology takes over from existingmachinery. This also contributes to increased efficiency.Induction training●Induction training is needed to introduce the new employee to:■ the business■ the workplace■ the job.16
Page 2 and 3: GCSEBusiness StudiesCarolyn LawderS
Page 4 and 5: Get the most out of yourInstant Rev
Page 6 and 7: OWNERSHIP AND CONTROL (1)Sole trade
Page 8 and 9: OWNERSHIP AND CONTROL (3)Limited co
Page 10 and 11: FORMS OF BUSINESS (1)Franchises●
Page 12 and 13: FORMS OF BUSINESS (3)ForEncourages
Page 14 and 15: ●OBJECTIVES AND GROWTH (1)Stakeho
Page 16 and 17: OBJECTIVES AND GROWTH (3)Growth●
Page 18 and 19: ●●●●RECRUITMENT AND SELECTI
Page 22 and 23: TRAINING (2)ContentInformation abou
Page 24 and 25: Check yourselfTraining1 Why is Heal
Page 26 and 27: ●●●MOTIVATION (2)The third le
Page 28 and 29: Check yourselfMotivation1 What are
Page 30 and 31: ●REWARDING EMPLOYEES (2)Disadvant
Page 32 and 33: Check yourselfRewarding employees1
Page 34 and 35: ●●●SOURCES OF FINANCE (2)A so
Page 36 and 37: SOURCES OF FINANCE (4)Long term●
Page 38 and 39: BUSINESS PLANS (1)What is a busines
Page 40 and 41: Check yourselfBusiness plans1 What
Page 42 and 43: ●●●●●●●●BREAK EVEN
Page 44 and 45: BREAK EVEN (4)●●Break even can
Page 46 and 47: ●●CASH FLOW FORECASTS (1)Cash f
Page 48 and 49: CASH FLOW FORECASTS (3)+60004000Net
Page 50 and 51: ●●●●●BUSINESS FINANCE (1)
Page 52 and 53: ●●BUSINESS FINANCE (3)Net profi
Page 54 and 55: BUSINESS FINANCE (5)Balance sheet
Page 56 and 57: Check yourselfBusiness finance1 Who
Page 58 and 59: MARKET RESEARCH (2)Desk research●
Page 60 and 61: MARKET RESEARCH (4)Sampling●●
Page 62 and 63: ●●MARKETING MIX (1)The marketin
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Page 66 and 67: MARKETING MIX (5)Advertising media
Page 68 and 69: MARKETING MIX (7)Place●●In the
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Check yourselfMarketing mix1 Explai
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●●●PRODUCT LIFE CYCLE (2)Not
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●PRODUCTION METHODS (1)Production
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PRODUCTION METHODS (3)Batch product
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PRODUCTION METHODS (5)Stock control
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PRODUCTION METHODS (7)Use of techno
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●●●●●QUALITY CONTROL (1)Q
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●●●●●QUALITY CONTROL (3)K
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LOCATION (1)Factors affecting the c
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LOCATION (3)Multinational organisat
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EXTERNAL ENVIRONMENT (1)●A busine
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EXTERNAL ENVIRONMENT (3)Equal oppor
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EXTERNAL ENVIRONMENT (5)Political i
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Check yourselfExternal environment1
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EXAMINATION TECHNIQUE (2)Coursework
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EXAMINATION TECHNIQUE (4)Command wo
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EXAMINATION TECHNIQUE (6)Pre-issued
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●●●●●EXAMINATION TECHNIQU
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Non pre-issued case studies●●
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Check yourself answers2 FORMS OF BU
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Check yourself answers4 RECRUITMENT
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Check yourself answers6 MOTIVATION
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Check yourself answers8 SOURCES OF
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Check yourself answers10 BREAK EVEN
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Check yourself answers12 1 ANSWER B
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Check yourself answers14 MARKETING
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Check yourself answers16 PRODUCTION
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Check yourself answers18 LOCATION (
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PerfectBoundAn e-book from HarperCo
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About the PublisherAustraliaHarperC
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