Tag Archives: Business and Economy

Pressure Groups and Acting Ethically – GCSE Business Studies Revision


Ethics is It’s to do with what’s right and what isn’t These ideas of right and wrong are often found in business situations Businesses like to appear ethical, to get a good reputation Some owners believe that being ethical increases costs … Continue reading

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Expanding a Business – GCSE Business Studies Revision


But first Sometimes sole traders like doctors or dentists form partnerships This can benefit them because they share expertise and can help each other However, they also share responsibility and disagreements can happen Partners have unlimited liability (see my other … Continue reading

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Business, Sectors and Competition – GCSE Business Studies Revision


This revision content is also featured on my YouTube channel: (I give my channel permission to make money from this revision content) Define A business is an organisation that makes money by providing a good or service A good is … Continue reading

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Training Staff – GCSE Business Studies Revision


This revision content is also in a video on my YouTube channel: I give my YouTube channel permission to feature this content in a video and monetize it. Why Train Staff? There’s no limit to what you can teach them! New … Continue reading

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Recruitment – GCSE Business Studies Revision


Why Recruit More Staff? Because your business is selling more and expanding Because staff are away for a while Because someone has quit Because you promoted someone Because you fired someone The Stages of Recruitment Identify the job vacancy Write … Continue reading

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Obtaining (Short and Long term) Finance – GCSE Business Studies Revision


Business Studies Revision on Short and Long term finance Continue reading

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