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    <title type="text">Business Studies</title>
    <subtitle type="text">Business Studies:</subtitle>
    <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/" />
    <link rel="self" type="application/atom+xml" href="http://www.tutor2u.net/blog/index.php/business-studies/atom/" />
    <updated>2009-07-04T05:53:34Z</updated>
    <rights>Copyright (c) 2009, tutor2u.net</rights>
    <generator uri="http://expressionengine.com/" version="1.6.6">ExpressionEngine</generator>
    <id>tag:tutor2u.net,2009:07:04</id>


    <entry>
      <title>Spare capacity prompts a fall in business investment</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/spare-capacity-prompts-a-fall-in-business-investment/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4053</id>
      <published>2009-07-04T05:52:00Z</published>
      <updated>2009-07-04T05:53:34Z</updated>
      <author>
            <name>Geoff Riley</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Credit Crunch"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C295/"
        label="Credit Crunch" />
      <category term="External Environment"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C66/"
        label="External Environment" />
      <category term="Production &amp; Operations"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C153/"
        label="Production &amp; Operations" />
      <content type="html"><![CDATA[
        <p>The recession is creating a growing amount of spare productive capacity across many different markets and industries. From container ships to hotels and from steel plants to airlines, the fall in demand has lowered capacity utilisation and put a big squeeze on profits. That pressure on profit margins comes not just from weaker revenues. Keep in mind that many businesses have a large fixed cost component such as the overhead costs of operating a network. Thus when output is contracting, the average fixed costs of production increase.
</p>
<p>
Declining demand and rising productive slack inevitably cause a fall in planned investment spending - economists term this a negative accelerator effect. <a href="http://news.bbc.co.uk/1/hi/business/8133706.stm" title="BBC news reports">BBC news reports</a> that British Airways is cutting capital spending in response to the slump in demand and mounting losses. &#8220;The airline said it had cut spending by 20% to £580m ($952m) from £725m, and had lengthened its schedule of orders for 12 Airbus A380 aircraft.&#8221;
</p>
<p>
Further evidence for the reverse accelerator affect comes from Japan where <a href="http://news.bbc.co.uk/1/hi/business/8082418.stm" title="Japanese firms cut their capital spending">Japanese firms cut their capital spending</a> by a record level in the first quarter of 2009. In contrast <a href="http://news.bbc.co.uk/1/hi/england/oxfordshire/8091128.stm" title="Stagecoach is increasing investment">Stagecoach is increasing investment</a> in a fleet of greener buses.&nbsp;
</p> 
      ]]></content>
    </entry>

    <entry>
      <title>Embarrassing names – should they be told?!</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/embarrassing-names-should-they-be-told/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4047</id>
      <published>2009-07-03T11:55:00Z</published>
      <updated>2009-07-03T12:05:03Z</updated>
      <author>
            <name>Tom White</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Marketing"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C65/"
        label="Marketing" />
      <content type="html"><![CDATA[
        <p><img src="http://www.tutor2u.net/blog/images/uploads/pschitt.jpg" style="border: 0;" alt="image" width="451" height="250" />
</p>
<p>
This is a story that will never end, to the great amusement of people with a slightly immature sense of humour.&nbsp; I might even be describing myself.&nbsp; In a globalised marketplace, words, terms or phrases that make perfect sense in their own language can be unintentionally crazy, daft or rude when they cross over into other cultures.
</p> <p>Problems can be as mild as the problem facing Barclays, who have declined to comment on press speculation that it is planning to drop its eagle logo, amid concerns that it has possible Nazi connotations. Once when I was in the United States I had a good giggle drinking a bottle of <i>Wanker</i> beer.&nbsp; The French bank, BNP Paribas, have given up using their name when, for instance, they try to book a curry night out in London.
</p>
<p>
Today’s story is about a joint Nigerian/Russin oil and gas venture called Nigaz (pronounced &#8220;nye-gaz").&nbsp; This has caused a flurry of outrage on Twitter and Facebook, although it hasn’t caused a stir in Nigeria, yet.
</p>
<p>
According to Simon Anholt, a top branding consultant who developed the National Brands Index, says such mistakes are usually &#8220;harmless&#8221;.&nbsp; &#8220;The fact is that whenever there is a blunder like this it delights people, it gives them something to talk about and it gives them a bright moment in what might otherwise be a dull day,&#8221; he told the BBC Network Africa programme. He admitted that it could be seen as offensive, but said it was fairly uncommon for companies to change their names. Such blunders are more common in government-run organisations, he said, &#8220;because they simply don&#8217;t have the marketing experience to check these things out properly&#8221;. 
</p>
<p>
The following link to <a href="http://www.dazbert.co.uk/sites/rudefood/index.php" title="Rude Food">Rude Food</a> isn’t really suitable for very young readers.
<br />

</p>
      ]]></content>
    </entry>

    <entry>
      <title>Return of the Den</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/return-of-dragons-den/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4043</id>
      <published>2009-07-03T10:35:01Z</published>
      <updated>2009-07-03T10:36:49Z</updated>
      <author>
            <name>Geoff Riley</name>         
                  </author>

      <content type="html"><![CDATA[
        <p>The BBC has confirmed that the new series of Dragons&#8217; Den will air on Wednesday 15th July at 9pm on BBC2
</p> 
      ]]></content>
    </entry>

    <entry>
      <title>Topic Tennis</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/topic-tennis/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4038</id>
      <published>2009-07-02T18:39:01Z</published>
      <updated>2009-07-02T19:03:09Z</updated>
      <author>
            <name>Lord Sutch</name>         
                  </author>

      <category term="TEACHING BUSINESS"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C126/"
        label="TEACHING BUSINESS" />
      <category term="Starters &amp; Plenaries"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C157/"
        label="Starters &amp; Plenaries" />
      <content type="html"><![CDATA[
        <p>This is a cracking starter/ plenary activity that goes down great this time of year.
</p> <p>Extremely easy to carry out with zero preparation.
</p>
<p>
I invite 2 students to come to the front to play a game of &#8216;topic tennis&#8217;. I name a topic (today I did franchising) and the two students take it in turns to say words that relate to the topic. Its a bit like word association but in this game, the words don&#8217;t have to directly associate with each other, as long as they relate to the topic in question. 
</p>
<p>
The game is played until we run out of words. The rest of the class then discuss which key words etc the two students missed out. You can also play it by splitting the whole class up in 3&#8217;s, two being the players and one being the referee. Whole class interaction. Excellent for revision and diagnostic assessment&#8230;
</p>
<p>
Love Forty................
</p>

      ]]></content>
    </entry>

    <entry>
      <title>U2 on Tour &#45; Investment appraisal and capacity utilisation rolled into one!</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/u2-on-tour-investment-appraisal-and-capacity-utilisation-rolled-into-one/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4021</id>
      <published>2009-07-02T10:59:00Z</published>
      <updated>2009-07-02T11:08:24Z</updated>
      <author>
            <name>Jim Riley</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Business Strategy"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C64/"
        label="Business Strategy" />
      <category term="Marketing"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C65/"
        label="Marketing" />
      <category term="Production &amp; Operations"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C153/"
        label="Production &amp; Operations" />
      <content type="html"><![CDATA[
        <p>A fantastic example of investment appraisal and capacity utilisation in this article in the Guardian, which describes the risks and returns of the new U2 tour.
</p> <p><a href="http://www.guardian.co.uk/music/2009/jul/01/u2-world-tour-barcelona" title="Here is the link to the Guardian article">Here is the link to the Guardian article</a>.
</p>
<p>
There is much rich business studies to be drawn from the material, including:
</p>
<p>
- The investment ($100m) compared with the likely returns (ticket sales already of $300m)
<br />
- How a change in the stage design (a 360degree stage) allows the tour to increase the capacity of each venue
<br />
- Lower than average ticket prices encourage bigger audiences (94% full) - with the potential for more add-on sales (tour merchandise)
<br />
- How the market for music sales is moving away from recorded to live
</p>
<p>
Great stuff&#8230;
</p>
      ]]></content>
    </entry>

    <entry>
      <title>Swimsuit malfunction &#45; a failure of quality or just the wrong size?</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/swimsuit-malfunction-a-failure-of-quality-or-just-the-wrong-size/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4033</id>
      <published>2009-07-02T10:59:00Z</published>
      <updated>2009-07-02T11:06:57Z</updated>
      <author>
            <name>Jim Riley</name>         
                  </author>

      <content type="html"><![CDATA[
        <p>Taking advantage of the sweltering temperatures outside whilst I write this, here is a mini case study in quality control&#8230;
</p> <p>A premium-priced, high-tec swimsuit should be replied on to perform.&nbsp; You&#8217;ve paid for the quality.&nbsp; You want that extra advantage the product offers.&nbsp; And you are standing at the start of an international swimming race.&nbsp; <a href="http://www.dailymail.co.uk/news/worldnews/article-1196792/Top-Italian-swimmers-horror-bathing-costume-bursts-open-unfortunate-place-championship-meet.html" title="The last thing you'd expect as a customer is this...">The last thing you&#8217;d expect as a customer is this...</a>
</p>
      ]]></content>
    </entry>

    <entry>
      <title>The Hunt Continues</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/the-hunt-continues/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4027</id>
      <published>2009-07-02T09:37:01Z</published>
      <updated>2009-07-02T09:38:38Z</updated>
      <author>
            <name>Jon Mace</name>         
                  </author>

      <category term="TEACHING BUSINESS"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C126/"
        label="TEACHING BUSINESS" />
      <content type="html"><![CDATA[
        <p>I am still looking to fill a vacancy for September. Do get in touch if you are interested.
</p>
<p>
Calling all Business Studies and Economics teachers: If you are looking for a job from September I would be very interested to hear from you. I have a vacancy in the department for a full time teacher. We offer GCSE, A Level and IB Economics and Business Studies.
</p>
<p>
Email me directly if you are interested and would like further details, I would be delighted to hear from you (jmace@warminsterschool.org.uk).
</p>
<p>
The school <a href="http://www.warminsterschool.org.uk/" title="website">website</a>.
<br />

</p> 
      ]]></content>
    </entry>

    <entry>
      <title>Franchisees &#45; An Example of When Things Go Wrong</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/franchisees-an-example-of-when-things-go-wrong/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4026</id>
      <published>2009-07-02T09:28:00Z</published>
      <updated>2009-07-02T09:32:34Z</updated>
      <author>
            <name>Jim Riley</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Business Organisation"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C160/"
        label="Business Organisation" />
      <category term="Credit Crunch"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C295/"
        label="Credit Crunch" />
      <category term="Retailing"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C159/"
        label="Retailing" />
      <content type="html"><![CDATA[
        <p>Franchises are now a common feature of the business curriculum, and the textbooks generally paint a very positive picture of how they work.&nbsp; But things can, and do, go wrong.&nbsp; Here&#8217;s a great example....
</p> <p>The franchisees in question here run Thresher&#8217;s outlets.&nbsp; Their problem?&nbsp; The franchisor has experienced financial and trading difficulties which has created stocking problems for the outlets.
</p>
<p>
<a href="http://www.independent.co.uk/news/business/news/threshers-fails-to-deliver-for-franchisees-1724615.html" title="Lots of good material on the story in this article in the Independent.">Lots of good material on the story in this article in the Independent.</a>
</p>
      ]]></content>
    </entry>

    <entry>
      <title>Stock control &#45; de&#45;stocking was over £5bn in Q1 of 2009</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/stock-control-de-stocking-was-over-5bn-in-q1-of-2009/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4023</id>
      <published>2009-07-02T09:16:00Z</published>
      <updated>2009-07-02T09:21:15Z</updated>
      <author>
            <name>Jim Riley</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Finance &amp; Accounting"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C123/"
        label="Finance &amp; Accounting" />
      <content type="html"><![CDATA[
        <p>Fascinating evidence from the Office of National Statistics about what happened to firms inventories during the first three months of 2009.&nbsp; Data form the ONS estimates that the value of stocks held fell by £5.4bn during the quarter - a significant reduction.&nbsp; Students might consider why this happened.&nbsp; There will be a variety of causes:
</p>
<p>
- Deiberate attempts to reduce finished goods stocks by converting them into cash (perhaps by offering lower prices or promotional discounts)
<br />
- Closure (temporary or permanent) of production capacity
<br />
- Delays in ordering new raw materials and components as a way of conserving cash
</p> 
      ]]></content>
    </entry>

    <entry>
      <title>Business Booster 2009</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/business-booster-2009/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4010</id>
      <published>2009-07-01T10:39:00Z</published>
      <updated>2009-07-01T10:45:23Z</updated>
      <author>
            <name>Jim Riley</name>         
                  </author>

      <category term="TEACHING BUSINESS"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C126/"
        label="TEACHING BUSINESS" />
      <content type="html"><![CDATA[
        <p>The tutor2u CPD course for Business Teachers with the best-ever feedback returns with two more dates for Autumn 2009&#8230;
</p> <p><b>BUSINESS BOOSTER 2009</b>
<br />
Download booking form:
<br />
<a href="http://www.tutor2u.net/blog/files/businessbooster09.pdf">businessbooster09.pdf</a>
</p>
<p>
Two CPD days for Business Teachers - London (2 October) and Manchester (9 October)
</p>
<p>
Ideal for newly-qualified teachers or non-specialists who are required to deliver business courses. Perfect too if you just want some new ideas and resources you can take away and use straightaway.
</p>
<p>
Business Booster 2009 is the focused professional development course that will provide delegates with some fresh teaching tools, approaches and resources to be an effective practitioner in the business classroom.
</p>
<p>
<b>Section 1: Making ICT Sweat!</b>
</p>
<p>
tutor2u top ten resources and approaches for the effective use of ICT in Business Education.&nbsp; Engaging electronic lesson starters, PowerPoint Games and some useful tips on innovative PowerPoint design.
</p>
<p>
<b>Session 2: Getting to Grips with Assessment (GCE/GCSE/BTEC options)</b>
</p>
<p>
This practical session will provide delegates with an insight into how examiners mark, the skills they look for and how we can get students to demonstrate good exam technique.
</p>
<p>
Blocked! - A centre can be blocked by the External Verifier if the assessment is inaccurate and insufficient.&nbsp; We provide some top tips on how to ensure your assessment meets the standards set by the Awarding Body.
</p>
<p>
<b>Session 3 - New Specs in Focus</b>
</p>
<p>
This session will focus on key topic areas for the new GCSE and A Level specifications.&nbsp; A practical session using some of tutor2u&#8217;s top resources including the Business Influence Game, Finance Sorted, Structures and HeadHunter. All activities are designed to help students develop their analytical  and evaluative skills, essential for exam success.
</p>
<p>
<b>Session 4: DIY Business</b>
</p>
<p>
Another practical session on how to design lesson activities and effective assignments.
</p>
<p>
<b>Session 5: Start-up Starters</b>
</p>
<p>
Business start-ups are now a common theme for AS and GCSE Business Studies Courses.
<br />
This session will showcase some great ideas and approaches to teaching business start-ups and for engaging students at the beginning of their business course 
</p>
<p>
<b>Feedback from the last time we ran this course:</b>
</p>
<p>
&#8220;All leaders were very approachable and offered oodles of advice and top tips.&nbsp; If only all training courses were like this&#8221;
<br />
&#8220;Fantastic – structured really well, kept me engaged and really enjoyed practical activities&#8221;
<br />
&#8220;Great value for money and would recommend&#8221;
<br />
&#8220;Packed full of excellent tips and resources&#8221;
<br />
&#8220;The best CPD day I have ever attended&#8221;
<br />

</p>
      ]]></content>
    </entry>

    <entry>
      <title>Marketing Objectives in Action</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/constraints-on-meeting-marketing-objectives/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4008</id>
      <published>2009-07-01T08:38:00Z</published>
      <updated>2009-07-01T09:28:30Z</updated>
      <author>
            <name>Darran Knight</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Business Organisation"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C160/"
        label="Business Organisation" />
      <category term="Marketing"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C65/"
        label="Marketing" />
      <category term="EXAM BOARD SUPPORT"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C294/"
        label="EXAM BOARD SUPPORT" />
      <category term="AS &amp; A2 Business"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C130/"
        label="AS &amp; A2 Business" />
      <category term="AQA BUSS3"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C300/"
        label="AQA BUSS3" />
      <content type="html"><![CDATA[
        <p>A great article on Sainsbury&#8217;s strategy to accelerate its growth plans.&nbsp; I used this article as an example of what Internal and External constraints their can be on a businesses Marketing Objectives, but it could also be used for the impact on Operations, HR or Finance.
</p> <p>A2 Business Studies - Unit 3
</p>
<p>
http://news.bbc.co.uk/go/pr/fr/-/1/hi/business/8104425.stm
</p>
<p>
<b>Sainsbury&#8217;s targets faster growth.&nbsp; </b>
</p>
<p>
A relevant news article on the turnaround of Sainsbury&#8217;s and how they are trying to build on the success and accelarate their growth plans.
</p>
<p>
I used this article after teaching the Internal and External constraints on meeting Marketing Objectives.
</p>
<p>
However, you could also use this article to show how Corporate Objectives can affect operations, HR and Finance.
</p>
<p>
I gave my students the following questions to answer, after reading the article:
</p>
<p>
1.	What are Sainsbury’s corporate and marketing objectives?
<br />
2.	What internal &amp; external factors do you think might hinder Sainsbury’s from achieving this? (Apply)
<br />
3.	How can Sainsbury’s overcome these?
<br />

</p>
      ]]></content>
    </entry>

    <entry>
      <title>East Coast Rail Line is Nationalised</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/east-coast-rail-line-is-nationalised/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4007</id>
      <published>2009-07-01T07:19:00Z</published>
      <updated>2009-07-01T07:20:42Z</updated>
      <author>
            <name>Geoff Riley</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Business Organisation"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C160/"
        label="Business Organisation" />
      <category term="Credit Crunch"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C295/"
        label="Credit Crunch" />
      <category term="Production &amp; Operations"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C153/"
        label="Production &amp; Operations" />
      <content type="html"><![CDATA[
        <p>The government is taking the East Coast rail line that runs from London to Edinburgh and which has been operated by National Express into public ownership. National Express has struggled with falling revenues and higher costs that have contributed to rising losses on the line. In a press release, National Express said that higher hedged fuel costs added £11 million of cost in the first half of 2009, while increased pension costs cost the business a further £3 million.
</p> <p>The rail franchise also has suffered greatly from the huge financial commitments it made to the government when bidding for the franchise to operate the line and has a £1.2bn debt pile. Under the terms of the franchise agreement, National Express is required to pay the government £1.4bn to run the East Coast rail franchise until 2015, with the amount rising steeply from £85m in 2008 to £395m this year. This hike in annual payments has come at a difficult time for the business. In order to meet its targets, the franchise requires passenger revenue growth of about 10% per year, but turnover has been affected by the recession which has cut the volume of business travel and prompted many to trade-down from first class to standard class travel. In this sense National Express is no different to the problems facing airlines such as British Airways whose premium passengers have long been a key source of revenue.
</p>
<p>
National Express is bound by the terms of a bankers covenant which limits the amount that they can borrow to no more than 3.5 times its earnings before interest, tax, depreciation and amortisation (EBITDA). As a result the business is expected to raise fresh capital by a rights issue to existing shareholders, little wonder that the share price has fallen sharply in recent months. It has already been the subject of a takeover bid from rival transport operator First Group.
</p>
<p>
The government has refused to renegotiate the terms of the licence and it will run the company until it can find a new franchise for the East Coast line. Here is another example of the winners’ curse – where an auction leads to the winning bidder paying more than was viable to secure the franchise. The government may have to wait until economic conditions improve to find a buyer for the East Coast franchise; the expectation is that public ownership will last for about a year.
<br />

</p>
      ]]></content>
    </entry>

    <entry>
      <title>Nationalisation Again &#45; National Express Taken into Public Ownership</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/nationalisation-again-national-express-taken-into-public-ownership/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4006</id>
      <published>2009-07-01T07:14:01Z</published>
      <updated>2009-07-01T07:19:23Z</updated>
      <author>
            <name>Jim Riley</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Business Organisation"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C160/"
        label="Business Organisation" />
      <category term="Business Strategy"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C64/"
        label="Business Strategy" />
      <category term="Credit Crunch"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C295/"
        label="Credit Crunch" />
      <category term="Leisure, Travel &amp; Tourism"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C205/"
        label="Leisure, Travel &amp; Tourism" />
      <content type="html"><![CDATA[
        <p><img src="http://www.tutor2u.net/blog/files/blog-natexpress-010709.jpg" width="500" height="204" />
</p>
<p>
First it was the banks.&nbsp; Now it is strategic transport businesses.&nbsp; The government has this morning nationalised the East Coast raiway line, previously operated by National Express.
</p> <p><a href="http://news.bbc.co.uk/1/hi/business/8127851.stm" title="Expect lots of press coverage on this story over the next few days.">Expect lots of press coverage on this story over the next few days.</a>  It will be a rich source of information for business studies courses - for example:
</p>
<p>
- Sales forecasting (over-optimistic)
<br />
- Customer service - how can a business that achieves such high customer service levels not be profitable?
<br />
- Private v public sector ownership of key transport assets (rail, road airports)
<br />
- Pricing strategies
</p>
      ]]></content>
    </entry>

    <entry>
      <title>BUSS4 Jan 2010 &#45; Research Theme Issues &#45; Emerging Markets</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/buss4-jan-2010-research-theme-issues-emerging-markets/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.4002</id>
      <published>2009-07-01T04:29:00Z</published>
      <updated>2009-07-01T10:19:00Z</updated>
      <author>
            <name>Jim Riley</name>         
                  </author>

      <category term="BUSS4 RESEARCH"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C441/"
        label="BUSS4 RESEARCH" />
      <category term="Emerging Markets &#45; Brazil"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C445/"
        label="Emerging Markets &#45; Brazil" />
      <category term="Emerging Markets &#45; India"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C444/"
        label="Emerging Markets &#45; India" />
      <category term="Emerging Markets &#45; China"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C443/"
        label="Emerging Markets &#45; China" />
      <category term="Emerging Markets &#45; Russia"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C442/"
        label="Emerging Markets &#45; Russia" />
      <category term="Emerging Markets &#45; Other"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C446/"
        label="Emerging Markets &#45; Other" />
      <content type="html"><![CDATA[
        <p>The research theme for students taking AQA A2 Business Studies Unit 4 (BUSS4) in January 2010 has been announced.&nbsp; The theme is...Emerging Markets.
</p> <p>According to the research guidance from AQA:
</p>
<p>
&#8220;In their research on emerging markets, BUSS4 students should consider:
<br />
- The opportunities and threats to businesses provided by these markets
<br />
- Strategies adopted by businesses involved in these markets to exploit the opportunities or to reduce the threats
<br />
- Factors that might influence business success and failure in these markets
<br />
- The ethical and cultural issues involved in operating in these markets including the impact on stakeholders
<br />
- The experience of businesses selling to, producing in or buying from these markets
<br />
- Issues facing businesses entering these markets for the first time
<br />
- General economic and demographic trends in these markets in relation to business performance
</p>
<p>
Students are are strongly recommended to study two emerging markets, such as Brazil, Russia, India or China, as this will help them to compare and contrast different countries. Questions will relate to general issues involved in emerging markets and will not refer to one specific country.&#8221;
</p>
<p>
<a href="http://www.tutor2u.net/acatalog/AQA-A2-Business-Unit-4-Research-Task-Toolkit-Jan-2010.html" title="tutor2u's BUSS4 Research Theme Toolkit">tutor2u&#8217;s BUSS4 Research Theme Toolkit</a> will help support teachers and students through the research and exam-preparation phase.&nbsp;  It will contain:
</p>
<p>
- Guided research tasks &amp; outline answers that address the research considerations set by AQA
<br />
- Key-point revision briefings on each of the above topics
<br />
- Concise background materials and mini-case studies that students will be able to refer to, where relevant, in the BUSS4 exam
<br />
- A mock BUSS4 exam paper and suggested answers
<br />
- Further exam-style questions for students to practice
<br />
- Guidance on exam technique for Section A of the BUSS4 exam paper
</p>
<p>
Our dedicated BUSS4 blog, here on the Business Studies blog, will also support teachers and students with links to relevant news stories, commentaries and issues.
</p>
<p>
The BUSS4 Research Theme Toolkit can also be ordered using this order form:
</p>
<p>
<a href="http://www.tutor2u.net/blog/files/business-aqa-newspecs.pdf">business-aqa-newspecs.pdf</a>
</p>
      ]]></content>
    </entry>

    <entry>
      <title>Strategy in a recession &#45; Fusion Systems</title>
      <link rel="alternate" type="text/html" href="http://www.tutor2u.net/blog/index.php/business-studies/comments/strategy-in-a-recession-fusion-systems/" />
      <id>tag:tutor2u.net,2009:blog/index.php/business-studies/3.3980</id>
      <published>2009-06-30T05:07:00Z</published>
      <updated>2009-06-30T05:11:40Z</updated>
      <author>
            <name>Jim Riley</name>         
                  </author>

      <category term="BUSINESS THEMES"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C293/"
        label="BUSINESS THEMES" />
      <category term="Business Strategy"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C64/"
        label="Business Strategy" />
      <category term="Credit Crunch"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C295/"
        label="Credit Crunch" />
      <category term="Finance &amp; Accounting"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C123/"
        label="Finance &amp; Accounting" />
      <category term="Marketing"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C65/"
        label="Marketing" />
      <category term="Retailing"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C159/"
        label="Retailing" />
      <category term="Small Businesses"
        scheme="http://www.tutor2u.net/blog/index.php/business-studies/C183/"
        label="Small Businesses" />
      <content type="html"><![CDATA[
        <p>A terrific article and audio interview clip on the BBC site that makes a great resource for business students&#8230;
</p> <p>Fusion Systems is a family-owned retailer and e-tailer that was doing really well until the credit crunch arrived.&nbsp; The article describes the management decisions taken by the owners to handle the sudden downturn in demand, including decisions taken about stocks which they subsequently had to reverse.&nbsp; Excellent stuff.
</p>
<p>
<a href="http://news.bbc.co.uk/1/hi/business/8119407.stm" title="Here is the link to the article">Here is the link to the article</a>
</p>
<p>
<a href="http://www.fusionsystems.co.uk/" title="Here is a link to the Fusion Systems website">Here is a link to the Fusion Systems website</a>
</p>
<p>
Audio clip here:
</p>
<p>
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</p>
      ]]></content>
    </entry>


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