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Unusual British Exports

Every country has its own exclusive products that they would like to share with the rest of the world. This may be in the form of commodities such as oil …

Modes of International Expansion

If a business wants to expand internationally, it needs to consider various modes of expansion. Watch this video on the modes of international expansion. As you watch, try to think …

Peer Q&A

Purpose To allow learners to reflect on what they have learnt in the week and provide a forum for learners to ask and answer questions about the week’s topics. Task …

Accounting Analysis

When we analyse financial documents, it is easy to focus on the profit and value of assets as a guide to performance. However, accounts can yield more detailed information and …

The Income Statement and Balance Sheet

The Income Statement The income statement displays the profit or loss that a company has made over a trading period. The trading period is normally a year, but bigger companies …

Bannatyne Case Study

This video tells the story of how successful entrepreneur Duncan Bannatyne funded the various businesses he started. Following the video there is a quiz which tests your knowledge of the …

Sources of Finance

Funding is essential for all businesses. Without funding, a business can not pay for overheads, purchase stock or even set itself up. Therefore, no business can be carried without funding. …

Private Limited and Public Limited Companies

Now that we have learnt about unlimited liability, we will discuss business with limited liability. A business with limited liability does not require owners to use their personal belongings to …

Sole Traders and Partnerships

There are many ways in which businesses can be classified and categorised. From the perspective of their legal identity, we will divide businesses by considering those that have limited liability …

Reggie the Handyman

You are about to watch a video that describes how a sole trader business and partnership operate. The video gives the example of a small DIY business and how it …

Tesco Case Study

The video you are about to see applies the PESTEL analysis tool to the UK supermarket chain, TESCO. After watching the video, you will be required to explore the threats …

The PESTEL Analysis

So far we have looked at the market conditions and factors that directly have an impact on the activities of the business. These micro factors can sometimes be identified through …

Telecommunications in Kenya Case Study

Read the following article that discusses the competitiveness of the telecommunications industry in Kenya: Specifically, the article applies Porter’s five forces to the industry. You are required to read pages …

Porter’s 5 Forces

There are a number of factors that can influence the level of competitiveness within an industry. Businesses need to be aware of how competitive an industry is because it helps …

SWOT in Practice

Now that we have learnt about what a SWOT analysis is, let us look at a real example of a typical SWOT analysis. The example below shows how the SWOT …