Product life cycles
The product life cycle is something that seeks to show the popularity of a product over time. This popularity will ...
Procurement
Procurement is defined as the action of obtaining something. In a business sense, this relates to making purchases of goods ...
Personal development plans
What is a personal development plan? A personal development plan is a fantastic way to implement many different training techniques. ...
Organisational structures
Within businesses, different organisational structures can be used. Each of these will be utilised for a reason and can be ...
Motivation at work
Motivation in a business is something that should never be overlooked. A company could have a great product, fantastic marketing ...
Methods of production
Choosing methods of production When making goods, a business can use several different processes to run efficiently and create things ...
Methods of market research
In order to make sure that it is doing the right things, a business will carry out market research. Now ...
Market segments
Being able to give what a customer wants quickly will result in high levels of service and great loyalty. To ...
Managing stock
When working in a business that produces goods it is important to be able to manage stock appropriately. This can ...
Types of production
Lean production Lean production is an approach to manufacturing that was developed by the Japanese car manufacturer Toyota. The main ...
How international trade works
For companies to be able to work in a number of different countries they have to be able to trade ...
How businesses recruit people
When recruiting people a business will need to follow a specific process to find the best candidates and choose who ...
External influences on business
There are a large number of external influences that can impact upon the success of a business. These influences are ...
Globalisation
Now that the world is more connected than ever, businesses are able to work in a manner that takes full ...
Employee roles and responsibilities
Within a business there will be a range of different tasks that each person carries out. Each individual will be ...