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Q&A STUDY & REVISION NOTES


There are now several hundred study notes in Q&A format here on the business studies blog. They are organised into the following categories:

The latest additions to the Q&A revision notes are listed below.

Q&A: What are synergies in takeovers and mergers?

Sunday, February 12, 2012

Q&A - What is a partnership?

Sunday, May 01, 2011

Q&A - How does the acid-test ratio differ from the current ratio?

Saturday, January 08, 2011

Q&A - How is the current ratio calculated and interpreted?

Q&A - What is the “creditor days” ratio?

Q&A - How can the debtor days ratio be calculated and interpreted?

Q&A - Explain the asset turnover ratio

Q&A - How is stock turnover calculated and interpreted?

Q&A - What is “profit quality”?

Friday, January 07, 2011

Q&A - What factors determine the amount of working capital in a business?

Q&A - What is “working capital”?

Q&A - What is depreciation?

Q&A - Who are the main users of financial accounts?

Q&A - Outline what are meant by financial accounts

Q&A - What are the main ways a public company can raise finance from shareholders?

Monday, January 03, 2011

Q&A - Describe the main kinds of intermediary involved in distribution channels

Q&A - Should a business avoid intermediaries and sell direct?

Q&A - What factors determine the type of distribution channel used by a business?

Q&A - How many stages does a distribution channel have?

Q&A - Outline the role of a distribution channel

Q&A - What is the role of “place” in the marketing mix?

Q&A - What is personal selling and merchandising?

Sunday, January 02, 2011

Q&A - Outline the role of public relations and sponsorship in promotion

Q&A - Describe the main features of advertising as a method of promotion

Q&A - What is the difference between “above” and “below the line” promotion?

Q&A - What are the main aims of promotion?

Q&A - What is promotion?

Q&A - How can a business use contribution pricing?

Q&A - What is competitor-based pricing?

Q&A - Outline the main methods of sales promotion

Q&A - Describe the main ways direct marketing is used in promotion

Q&A - Why might a business use psychological pricing?

Q&A - What is price discrimination and why do businesses use it?

Q&A - What is predatory pricing?

Q&A - Outline what is meant by cost-based pricing

Q&A - Outline how market research can help a business set its prices

Q&A - Distinguish between price and cost

Q&A - Should a business use a “loss leader” as part of its pricing tactics?

Friday, December 31, 2010

Q&A - What is the role of sampling in market research?

Wednesday, December 29, 2010

Q&A - What is qualitative market research?

Q&A - What is quantitative market research?

Q&A - What are the main uses of market research?

Q&A - What are the main ways in which a business can obtain information on a market?

Q&A - What are key parts of product life cycle theory?

Q&A - How can the Boston Matrix help a business manage its product portfolio?

Q&A - Why do most businesses sell more than one product?

Q&A - What factors does a business need to consider when deciding whether to outsource?

Q&A - Explain what is meant by outsourcing

Q&A - What is the difference between outsourcing and offshoring?

Q&A - Evaluate the benefits and drawbacks of international expansion options

Q&A - What are the main issues in operating a multi-site business?

Q&A - Explain what is meant by industrial inertia

Q&A - How important is location in determining business success?

Q&A - Who does what in a company?

Tuesday, December 28, 2010

Q&A - What are SMART objectives?

Q&A - Outline the role of functional objectives

Q&A - What is the cost of absenteeism and does it vary from firm to firm?

Q&A - Outline the ways in which a business can better manage stakeholder conflict

Q&A - Why might the objectives of stakeholders be in conflict?

Q&A - What power do stakeholders have over what a business does?

Q&A - What is absenteeism and what can businesses do about it?

Q&A - Why might high labour turnover be bad news for a business and what can it do about it?

Q&A - Explain what labour turnover is and why it happens

Q&A - Outline some ways in which a business might improve its labour productivity

Q&A - Explain what is meant by labour productivity and how it can be measured?

Q&A - Why do acquisitions often fail to deliver acceptable returns?

Q&A - What is meant by “synergy” in the context of a business acquisition

Q&A - Why are acquisitions so popular as a method of business expansion?

Tuesday, December 21, 2010

Q&A - Explain what is meant by acquisitions or takeovers

Q&A - Should a business use franchising as part of its growth strategy?

Q&A - Explain “organic” or internal growth

Q&A - How can the expansion of a firm be measured?

Q&A - What is the difference between niche and mass marketing?

Friday, January 15, 2010

Q&A - Outline the main business benefits from market segmentation

Q&A - What is market segmentation?

Q&A - Explain the role of marketing objectives

Q&A - Explain how a marketing orientation differs from a production orientation

Thursday, January 14, 2010

Q&A - What is the purpose of marketing?

Q&A - What are the advantages and drawbacks of marketing planning

Q&A - What factors affect the marketing budget?

Q&A - Outline the main stages in the marketing planning process

Q&A - What methods can a business can use to expand into international markets?

Q&A - Explain Ansoff’s Matrix

Q&A - Is there an optimal level of gearing?

Tuesday, January 05, 2010

Q&A - What is gearing?

Q&A - Explain price skimming

Monday, December 21, 2009

Q&A - What is the difference between pricing strategies & tactics?

Q&A - Explain what is meant by price positioning

Q&A - What factors should a business consider when setting its prices?

Saturday, December 19, 2009

Q&A - How does pricing link to the objectives of a business?

Q&A - What is price and why is it so important in the marketing mix?

Q&A - Which is best - quality control or quality assurance?

Q&A - How can benchmarking help with managing quality?

Q&A - What is involved in quality assurance

Q&A - Explain what is involved in quality control

Q&A - Can quality be measured?

Q&A - What are the costs of poor quality?

Q&A - Why is quality so important in business?

Q&A - Define what is meant by quality

Q&A - What is the continuum of leadership?

Friday, October 30, 2009
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