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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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...
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...
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...
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...
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...
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,...
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...
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...
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...