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  • Business Studies Factsheet: 17. Social Auditing - The Way Forward For 21st Century Business

    Business Studies Factsheet: 17. Social Auditing - The Way Forward For 21st Century Business

    Everyone is aware that large businesses have to be audited  financially in order to ensure that the accounts represent a true and  fair state of the business. ...

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  • Business Studies Factsheet: 18. Business Objectives

    Business Studies Factsheet: 18. Business Objectives

    Businesses have a variety of objectives, things they want to achieve.  These objectives can be seen in terms of a hierarchy.  Businesses  tend to have broad aims from which they set d...

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  • Business Studies Factsheet: 19. How to Calculate Depreciation

    Business Studies Factsheet: 19. How to Calculate Depreciation

    Expenditure, which covers more than one accounting period, is  known as capital expenditure. Expenditure on fixed assets,  (such as plant and machinery, motor vehicles and furniture), is&n...

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  • Business Studies Factsheet: 20. SWOT Analysis: an introduction

    Business Studies Factsheet: 20. SWOT Analysis: an introduction

    All businesses have to make decisions, they need to plan for the  future and develop strategies to meet their objectives.  To do this  they will need to use business tools.  One ...

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  • Business Studies Factsheet:  21. The Impact of Taxation on Business Activity

    Business Studies Factsheet: 21. The Impact of Taxation on Business Activity

    Taxes are, as is often said, a necessary evil. We need them to pay  for our schools, hospitals, armed forces and so on. However, no  one likes paying taxes, and most of us think the burden...

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  • Business Studies Factsheet: 22. Market Research - is it worthwhile?

    Business Studies Factsheet: 22. Market Research - is it worthwhile?

    What is market research?  Market research is the process by which a firm can find out about  the people its product is aimed at, whether they want the product  and what they want fro...

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  • Business Studies Factsheet: 23. Production Systems

    Business Studies Factsheet: 23. Production Systems

    Since humans have lived on the earth they have survived by making  things. Initally, these things were concerned with our survival;  weapons for hunting, huts for shelter, and food to eat....

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  • Business Studies Factsheet: 24. Cost and Cost Centres

    Business Studies Factsheet: 24. Cost and Cost Centres

    A business is made up of many different sections e.g. marketing,  personnel etc.  The total costs of a business can be divided up among  each of the different sections of a business t...

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  • Business Studies Factsheet: 25. Discounted Cash Flow - Its use and abuse

    Business Studies Factsheet: 25. Discounted Cash Flow - Its use and abuse

    The evaluation of investment opportunities is called  INVESTMENT APPRAISAL. This might involve deciding  whether to make a particular investment, or choosing between  a number of dif...

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  • Business Studies Factsheet: 26. Car Plant Closures

    Business Studies Factsheet: 26. Car Plant Closures

     The UK and the US have for many years been car manufacturers, their economies being dependent to a significant extent on the success  of the automobile industry. The early part of the 21st...

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