Advantages and Disadvantages of Types of Processing data
When data is processed there are multiple methods of processing data, there are several types that all have individual Advantagesand Disadvanta...
Influences for Supply and Demand
Businesses work on a complex demand and supply based method of producing products and services. Supply is the quantity of a good or service that a...
Lean Production Techniques
Lean production methods such as Kaizen and Kanban allow a business to motivate staff to use less waste and treat resources as a finite resource. Lean...
Simulating a phone combination brute force
If a malicious individual were to steal your android or iPhone, plug in a device to emulate a keyboard and have it test every single pass code...
How Long Will my Phone Battery Last Before it Dies?
Defined obsolescence has gotten a hold of me again, I will have to purchase a new phone, as my old one is about to expire! I have had my phone for abo...
Market Research
When conducting market research businesses need to take risks and may be uncertain on the performance of those risks, however market research allows b...
The Bank of England
The Bank of England sets the base interest rates that the rest of the UK banks will follow, doing so allows them to control the UK inflation rate, whi...
Stock Control and Resource Management
Just In Time is a lean production technique, It involves ordering a product right as it is about to run out, but before the business has to stop manu...
Six things ICT Provide
ICT is used globally, and has multiple points that are useful to it. Fast Repetitive Processing allows companies and individuals to process l...
Data, Information and it's Differences
Data itself is valueless, however when provided with context, it becomes valued, a database contains lots of raw information, and therefore it would b...
Business Failure
Businesses just starting out have a generally low rate of success, 50% of businesses fail within the first two years. Some of the common causes of bus...
Sources of Finance
What are Sources of Finance There are three different sources of finance, Short Term, Long Term and Medium Term. The most popular way of attai...
Capacity Utilisation
Capacity utilisation within a business can be easy or hard to calculate, for a printing shop, it is easy to calculate how many sheets they can produce...
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Kanban Systems in Lean Manufacture
Kanban systems in business allows them to effectively manage their stock internally, essentially for businesses that require large amounts of stock, s...
Trade-offs and Opportunity Cost
What is Trade-offs and Opportunity Cost? Trade-offs are choosing one thing over another, if you choose to invest in paint over pencils, your opportuni...
Advantages and Disadvantages of a Public Limited Company
What is a Public Limited Company? A Public Limited Company is a business that has decided to offer it's shares on the public stock market. The Stock M...
What is Break-even analysis useful for anyway?
What does Break-even calculate? Break-even is when a business is not making any losses or profit. This post covers margin of safety, break-even charts, and the formula.
Advantages and Disadvantages of Capital and Labour Intensive Production
In Business, production generally has two techniques; Labour Intensive Production aims to use a large workforce to complete work by hand, this u...
What is the Role of the Entrepreneur? Advantages and Disadvantages of Corporate Think Tanks
What is an Entrepreneur? An Entrepreneur is someone who sets up a business, who is willing to take risks, in the hope of reward. An Entrepreneur may e...
Factors Affecting Sales Forecasts
Sales Forecasts are charts and graphs, equations and educated predictions that allow businesses to predict future sales with a degree of accuracy....
What actually is Marketing?
Marketing is Anticipating, and satisfying, customers wants and needs, efficiency and profitability, Marketing includes Market Research The Market...
Plex and Raspberry Pi B+
The new raspberry Pi B+ is a lot faster then it's predecessor and with that I thought I would try it at running a Plex server, the thing runs, but the...
Characteristics of an Entrepreneur
An entrepreneur must have a certain set of skills in order to be successful and lead them to a more prosperous life. Some positive characteristics ca...
Garbage in Garbage Out Data
When you signup for a website. You enter your information (or data). You don't always get it right and could miss a box or spell your own credentials...
How Customers Associate Quality with a Brand
Within any business there are multiple factors that a customer can imprint on to recognise a brand and associate with quality. Businesses can use the...
Liquidity Ratios
There are different ratios that are used in business. A current ratio is a formula that shows the relationship between what the business has payable,...
The Working Capital Cycle
The working capital cycle is a proportion of a businesses working capital that is used to allow a business to operate normally, it is the funds requir...
Common AS-Level Business Studies Equations
Here is a list of routinely forgotten equations for Business Studies, make sure to memorise them. Equations Total Contribution = Total revenue - To...
Understanding Different Business Types
There are many business types of organisation, these all have their advantages, so it is important to know which is better for which task, otherwise a...
Business Pricing Strategys
When businesses want to compete with competitors, they may use one of numerous methods in order to encourage the sale of their products. Psychological...