business studies revision
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HSC Year 11 Business Studies RevisionTRANSCRIPT
Speedy Revision
1. Trade unions are in place at workplaces to ensure that employees are treated fairly and with equality. They fight for the rights of workers and make sure they have a safe and suitable work environment. ‘
2. Acquisition, training, motivation and separation. 3. Demographic, geographic, lifestyle and behavioural.4. Placing the café in a central area surrounded by nice views and a relaxing environment, price
the food and beverages reasonably so that many people can come, include home groan tea and local produce to gain a competitive advantage over other businesses and have advertising in the local paper.
5. Product, price, place and promotion.6. A balance sheet lists all the assets and liabilities and then makes sure they balance each
other out whereas a revenue statement displays the total profit made out of all sales. 7. Same as above.8. The environment and society.