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Business Studies
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What role does motivation play in the workplace?

Motivation is the energy or drive that enables people to achieve organisational objectives. Without motivation employees would not be able to use their skills or abilities to achieve organisational goals....

Answered by Jenna F. Business Studies tutor
1713 Views

The directors of a well-known food manufacturing PLC have announced that they are moving production from the UK to Europe in order to reduce costs. This will result in the loss of 115 jobs. To what extent is this decision likely to benefit the business’

A stakeholder is any person, organisation, social group, or society at large that has a stake in the business. Thus, stakeholders can be internal or external to the business. With a large decision such as...

Answered by Lukas M. Business Studies tutor
1742 Views

What's the difference between limited and unlimited liability?

Limited and unlimited liability are parts of the legal identity of a business, whether that business is a new sole-trader or long established private limited company (LTD). Whether a business has limited ...

Answered by Julian T. Business Studies tutor
1837 Views

For each of Porter’s Five Forces identify and explain how a business may improve its position in the market.

One of porter’s five forces is the barriers to entry of the market, and the firm should try to increase these to strengthen its position. It could do this by introducing new technology, w...

Answered by Business Studies tutor
1466 Views

Provide me with the definition of a Stakeholder and list all the stakeholders in a business.

A stakeholder is a party that has an interest in a company and can either affect or be affected by the business.
The primary stakeholders in a typical corporation are its investors, employees, cust...

Answered by Business Studies tutor
1518 Views

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