Business Topic 1 What Is Business? Business Studies Revision ‘Revisogram’

1297 words - 6 pages

3.1 What is business?
Ordinary Share Capital – Money given to a company by shareholders in return for a share certificate that gives them part ownership of the company. This term is used in relation to private and public limited companies. Ordinary shares are also known as risk capital or equity capital. It does not have to be repaid.
Market Capitalisation (market cap) – the value of outstanding shares in a public limited company. Outstanding shares are the total of all ordinary shares issued and fully paid up. This is the value the stock market places on the whole business by multiplying the share price by the number of shares issued. The market capitalisation is influenced by the number of shares issued and the market price of shares. Market capitalisation is often used as an indication of investors’ opinion of a company’s net worth or its overall value.
Dividend - A payment made to a company to its shareholders out of profits earned. It can either reinvest in the business or it can distribute it to its shareholders or give some reinvestment and a proportion as dividends.
Real Income – Measures the amount of disposable income available to consumers (e.g. households & individuals).
Unlimited Liability – situations in which the owners of a business are liable for all the debts that the business may incur.
Limited Liability – situations in which the liability of the owners of a business is limited to the fully paid up value of the share capital.
If a business goes into liquidation (turning assets into cash to pay creditors) because it cannot pay its creditors, the shareholders (owners) have no responsibility for further payments as long as they have paid in full for the shares they have purchased.
PESTLE – Political, Economic, Social, Technological, Legal, Environmental
GDP – Measures the value of output in the economy and assesses the change in economic growth.
Demand – How much of a good/service a consumer wants/ is capable to buy. This turns into revenues.
Sole Trader – Owned, financed and controlled by one individual. They can employ other staff. They make a profit to provide a ‘comfortable’ lifestyle. They are responsible for all debts of the business (unlimited liability). Normally a Small businesses. They usually work on a local scale serving the local area. Common in local building firms, small shops, restaurants, butchers, hairdressers, plumbers, window cleaners etc.
The benefits include being motivated by the power to make your own decisions, quicker decision time due being owner. Direct contacts to the market. They are easily set up.
The Challenges include sources of finance being limited. Reliant upon own abilities to make decisions. Long hours which leave limited holidays with low rewards making it stressful. Unlimited Liability.
PLC – Shares are bought and sold publically – anyone can buy them. This means they have a market value and this can change daily. The share price indicates how popular a business is. Initial sale of shares...


Business topic 2 - leadeship styles, managers, decision making - Business Studies - Revision ‘Revisogram’

1046 words - 5 pages 2. Gather Data 5. Review decision 1.Set Objectives Theory X – Average worker is lazy and dislikes work, Workers need to be controlled & directed, Centralised organisation and exercise of authority Theory Y – Most people enjoy work, Workers will take responsibility and organised themselves, Decision-making can be delegated Intuitive Decision Making: This involves individuals making decisions on the basis of a ‘hunch’ or a feeling or instinct

Business Studies Marketing Strategy

572 words - 3 pages the business covers its costs and makes an acceptable profit. The total costs of producing one unit of the product are calculated to which is added the required profit margin. This gives the selling price.COMPETITIVE PRICINGWhere the amount of competition in the market is strong so customers have a wide choice of suppliers to buy from businesses must set their prices close to the prices of competitors, having regard to the quality of the product

Business Proposal - Create Your Own Business - Business Studies - Assignment

1508 words - 7 pages Table of Contents Topic Page Executive Summary 3 Business Name 4 Logo 4 Business Location Picture of Business Location 4 5 Legal Structure 6 Prime Function 6 Mission Statement 6 Reason why I chose this particular business 6 Conclusion 7 References 8 Executive Summary From Mila owned by Jamila Grace and Amelia White is a custom swimwear business that’s products will be sold online. The business will be run from home and is a unique

Business Studies Marketing Plan - Business Studies - Marketing Plan

4075 words - 17 pages address their weaknesses and threats, and take advantage of their strengths and opportunities to progress out of their current business life cycle and establish their business on a level of competitive advantage. 1. Increasing market share: The Fitness market has become substantially saturated, therefore it is important that Fitness R Us priorities this recommendation as it is the crucial stepping stone to competitive advantage and business growth

Business Report - Y11 Business Studies - Trinity Grammar School - Assignment

1555 words - 7 pages Report 1 – Operations and Marketing of Sea Treasure Business: Sea Treasure Chinese Restaurant (North Sydney) 1.0 Situational Analysis 1.1 Influences in establishing a SME There are factors that influence a prospective SME owner to start-up a business. These factors include personal qualities, skills, and qualifications. These qualities are attributable to creating a friendly environment, developing interpersonal skills during decision-making

Business Studies Unit 3 Marketing Techniques - Business - Assingment

695 words - 3 pages beneficial to the company because it would not help there be an increase in profits. When promoting s product Apple have to ensure that they are including all of the best and most wanted features of the iPhone, this is so people know exactly what they are buying and will know whether or not it is worth the money. Place - By selling the product in an area where there is a higher demand will lead to their being an increase in profit for the business. If

Business Review, unit 1 assignment 3 - palmers business - assignment

1756 words - 8 pages THE BUSINESS REVIEW. If demands slows in Asda then it means that the business would need to look at just why that as happened. Instead they would first ask the buyers to assess their ranges and just at why they are not selling as well as they should be. For example with their customers they could be going elsewhere. With marketing data it would be able to show just where Asda is going wrong and where they are losing their customers to and for

Business To Business Exchange

441 words - 2 pages Business to Business (b2b) Exchanges1. The reason that a company would want to participate in a b2b exchange is that the b2b exchange is an online marketplace that quickly connects buyers and sellers. On a b2b exchange supply chain, transactions for entire industries can take place under one virtual roof. Business also takes place faster and more efficiently via the common platform of the internet.2. The have been several reasons that Business


766 words - 4 pages HAFSA. 10JP. BUSINESS STUDIES. MS KHAN. LOUIS VUITTON ¬ A MARKETING ANALYSIS Louis Vuitton is the world’s leading luxury products group. The strategy of LVMH is based on combining LVMH fashion and leather goods. It holds on to its own brand spirits and do things which are different from any other one .The various strategies of LV are as follows:- Price Strategy The most important strategy is price strategy. The prices of Louis Vuitton

Alan Case Study that describes what is wrong and what is right - Business administration - Case Study

554 words - 3 pages of sales due to the new uniforms from inappropriate customers. What are the business resources involved? How? The business resources in which are involved are, experience from Don as the manager because has been there and seen what different techniques work and don’t work for the restaurant. Also, another thing is financial resource is involved because the whole reason why Fred the Owner made the decision he did because it would impact the

Business Law topic paper on insurance and credit scores - Cedarville/Business Law - Essay

1942 words - 8 pages me as a consumer the same way that it affects everyone, I am employed by State Farm. This means that as a business person, laws on this issue affect me on both sides, which is why this is such an interesting topic to me. As far as I can tell, there is nothing I can see that the Bible says that would prohibit what insurance companies do. I do see a problem with them trying to hide the fact that they use credit scores. In my work at State Farm

business is the issue spring MYP - Lamar high school - Business

1710 words - 7 pages Business is the Issue? Business Information Management Spring, 2018 Client: A publishing company wants to increase the market of its youth readers. They are looking to create a publication that affects the many issues of today’s youth. They have asked the students at Lamar to create a magazine about teenage social issues around the globe. Task: Based on the content that you were taught, you must choose a platform to create a magazine that will

Business Structure

320 words - 2 pages Business StructureWhen Comencing a business, it is important to considr the best form of proprietorship or ownership of the business. There are four basic entities which are presently available:-Sole Traders-Partnership-Company-Trading TrustThe following points are a brief outline of these four entities. And i will be covering the Company part in this report.CompanyA business may be conducted by a Company as an entity in its own right and comes

Business Ethics

7763 words - 32 pages negotiating with or entering into any agreement with a competitor. Employees should avoid discussions with competitors related to market share, revenues and expenses, production schedules, unannounced products and services, pricing strategies, etc.Conflicts Of Interest:Agilent Technologies expects loyalty from their employees while they are conducting business. Employees must not be in a position of conflict between what is best for them personally and

Business Plan

2794 words - 12 pages Employers of HousemaidLocation:1Name:2.Addres3. Are there elders/children in your family who need the services of a maid?3. Do you have a housemaid (full time or part time)4. What type of jobs does she do5. Her wages:6. Does think she does her work professionally?7. Does she know how to operate household appliances?8. Is she is able to understand the instructions and communicate clearly?9. If the maid is given training in proper use of household appliances, in basic cooking, care of the elderly/child care, would you be willing to employ such a help and pay higher wages?10 How much would you be willing to pay such part time/full time help?