Tuesday, 20 March 2018

Various Multiple Choice Revision Quizzes

Click here to access MCQ's on all areas of business Studies. Really useful for revision.

Wednesday, 7 March 2018

Lego & Over Supply

It has been an interesting week for Lego. For the first time i 13 years, they have seen a fall in sales for their bricks. Click here to read BBC article.

Useful when discussing
budget variances, supply methods etc

Tuesday, 6 March 2018

Business Theorists - Hofstede's Model of national Cultures

Here is a quick revision video of Hofstede's Model of National Cultures. I kniow we have been through in class, but the video is just another way to embed your knowledge.
There's no need for AQA A Level Business students to be an expert in this model. However, make sure you know the six categories of national culture and how they might like to areas such as risk-taking, decision-making, human resource management etc.

Stakeholders & Stakeholder mapping

The concept of stakeholders is covered in this short revision video.
After a quick reminder about what a stakeholder is (and how this is different from a "shareholder") we explore how stakeholder interests differ and how they can come into conflict. This leads nicely onto the concept of stakeholder mapping - which is a suggested approach for how businesses should deal with different levels of stakeholder power and interest.