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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 - Explain the four main leadership styles

Friday, October 30, 2009

Q&A - What do Leaders Do?

Q&A - What is Leadership?

Q&A - Does globalisation benefit UK businesses and the UK economy?

Tuesday, October 27, 2009

Q&A - What are the main factors driving globalisation?

Q&A - What is globalisation?

Q&A - How are businesses affected by unemployment?

Q&A - What are the main causes of unemployment?

Q&A - What has happened to unemployment in the UK?

Q&A - Explain what unemployment is and how it is measured

Q&A - Outline the main costs and benefits of inflation

Wednesday, July 01, 2009

Q&A - Explain the causes of inflation

Q&A - What is inflation and how is it measured?

Q&A - What role do mission statements play in business?

Q&A - Explain the role of corporate objectives in business strategy

Q&A - What are business objectives?

Q&A - Explain “delayering”

Monday, June 01, 2009

Q&A - Describe the main qualitative methods of sales forecasting

Sunday, May 31, 2009

Q&A - What factors influence the choice of a sales forecasting method?

Q&A - What is a sales forecast?

Q&A - What are the main personal sources of finance an entrepreneur can obtain for a start-up?

Wednesday, May 27, 2009

Q&A - Should a start-up raise investment from outside investors?

Q&A - What are the main things to consider when obtaining finance for a start-up?

Tuesday, May 26, 2009

Q&A - Why are start-ups vulnerable to cash flow problems?

Q&A - How can a business handle a loss?

Q&A - How is profit used by a business?

Q&A - What are the main drawbacks to an entrepreneur of starting a business

Friday, May 22, 2009

Q&A - What is meant by Social Enterprise?

Q&A -  What is share capital

Saturday, May 02, 2009

Q&A - Explain what a bank overdraft is

Q&A - What is training?

Q&A - Where does packaging fit into the marketing mix?

Friday, May 01, 2009

Q&A - What are the main stages of new product development?

Q&A - What is the link between product differentiation and a USP?

Q&A - What are the benefits of business planning to a start-up?

Q&A - What questions should a start-up business plan answer?

Q&A - What is profit-sharing?

Q&A - What is performance-related pay?

Q&A - How do changes in commodity prices affect businesses?

Q&A - What are the main legal areas that a start-up business needs to consider?

Q&A - What is commission and when should it be used in a pay package?

Q&A - What is “piece-rate” pay?

Q&A - Explain “time-rate” pay

Q&A - What factors should a business consider when deciding what to pay employees?

Q&A - Explain job rotation

Q&A - What is the business cycle?

Q&A - What is economic growth?

Q&A - What is the economy?

Q&A - Compare the advantages of trading as a sole trader versus a private limited company

Q&A - What taxes will a start-up pay?

Q&A - What is job enlargement?

Q&A - What are commodities and how are their prices determined?

Q&A - What are retained profits?

Q&A - What is market supply

Q&A - What is market demand?

Q&A - Describe the basics of setting up a business in the UK

Q&A - What are the implications for UK businesses if the pound strengthens?

Q&A - What causes an exchange rate to change?

Q&A - What is an exchange rate?

Q&A - How are businesses affected by changes in interest rates?

Q&A - What are the main methods of financial reward?

Q&A - Explain Taylor’s theories of motivation at work

Q&A - How does a business benefit from having a well-motivated workforce?

Q&A - What is motivation?

Q&A - Why are job descriptions and specifications important?

Q&A - What is the recruitment process?

Q&A - What is an interest rate?

Q&A - What is credit and why do businesses need it?

Q&A - Explain what is meant by a product

Q&A - What makes for a successful or effective marketing mix?

Q&A - What goes into the “marketing mix”?

Q&A - Does a start-up or small business need to recruit staff?

Q&A - What is meant by having a “customer focus”?

Q&A - Why is leasing and hire purchase a source of finance?

Q&A - Why should a small or start-up business employ consultants and advisers?

Q&A - Why do businesses employ temporary workers?

Q&A - Why are trade creditors a source of finance?

Q&A - Explain the main issues with part-time employees

Q&A - What are the main interests of business stakeholders?

Q&A - What are full-time employees?

Q&A - What are stakeholders?

Q&A - What is repeat business and why is it important?

Q&A - Explain incorporation and the protection of limited liability

Q&A - What is a bank loan?

Q&A - What are the main benefits of good customer service?

Q&A - What is unlimited liability?

Q&A - What is a sole trader?

Q&A - What is “off-the-job” training?

Q&A - Explain “on-the-job” training

Q&A - Explain what induction training is

Q&A - What is involved in a training strategy?

Q&A - What is the difference between long-term, medium-term and short-term finance?

Wednesday, April 01, 2009

Q&A - What can a business do to improve cash flow?

Q&A - What are the main causes of a cash flow problem?

Q&A - Why is the cash flow forecast so important?

Q&A - What is a cash flow forecast?

Q&A - What are the main types of cash flow?

Q&A - What is cash flow?

Q&A - What is profit and why is it important?

Sunday, March 01, 2009

Q&A - Why does a start-up often find it hard to estimate costs?

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