Business Studies Collins Revision Guide. - StudyGuide.PK

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Check yourselfTraining1 Why is Health and Safety training needed? (2)2 What is induction training? (1)3 Which is the best definition of efficiency? (1)A Increases input with the resources they have.B Increases output with the resources they have.C Uses new resources to increase output.4 Why is information about the company needed on an inductioncourse? (3)5 Who are ‘key personnel’? (2)6 Name three areas you would show a new worker on a tour of theworkplace. (3)7 Which type of training takes place away from the actualproduction line? (1)8 What are the advantages of using on-the-job training? (4)9 How can training motivate employees (3)5The answers are on page 106.19
●●●MOTIVATION (1)Motivation means encouraging the workers to do the job as well asthey can.It is vital for a company to motivate its workers because:■ The workers will work harder and be more efficient.■ They will be less likely to take time off work unnecessarily.If workers stay away without good cause it is known asabsenteeism.■ They will be less likely to be late.■ They will be more likely to stay with the company for longer.All of these reasons save the company money because more will beproduced. Also it will save money on recruiting new workers andtraining them.There are several theories as to why workers are prepared to workharder. The most common theories you will find are those ofMaslow, McGregor and Herzberg.Maslow’s theory●●●Maslow believed that there was a hierarchy of needs. Each levelhad to be met before the next one could be achieved.In his view the most basic need was survival. All employees requirea basic level of pay in order to survive. For many workers, payremains the most important reason for work. Pay means thatworkers can afford to have food and shelter.Once workers have enough money to survive, they need to feelsecure – to know that if they are sick they will still be safe.20
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 20 and 21: Check yourselfRecruitment and selec
Page 22 and 23: TRAINING (2)ContentInformation abou
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
Page 64 and 65: ●●●●●MARKETING MIX (3)Com
Page 66 and 67: MARKETING MIX (5)Advertising media
Page 68 and 69: MARKETING MIX (7)Place●●In the
Page 70 and 71: Check yourselfMarketing mix1 Explai
Page 72 and 73: ●●●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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