Tuesday, 5 February 2013

The definition of Marketing: Putting the right product in the right place, at the right price, at the right time.

Take a look at this website about The Marketing Mix
http://www.mindtools.com/pages/article/newSTR_94.htm

Stakeholders (fo-shizzle)


Stakeholder

Stakeholders can sometimes be confused for these people--------------------->

However, by reading this blog i will clearly outline what a stakeholder is.

So... What is a stakeholder?
A stakeholder is somebody who has an interest in the company, for instance families are prime stakeholders in a business because they care about the safety of the person from the family which is working for the company. Another stakeholder could be the bank. The bank would care greatly about a business because if a loan was taken out, they would want the business to pay it back as soon as possible.

What a stakeholder actually looks like...----------->

Ironically, stakeholders come in many shapes and forms, some care about a businesses well being and some care more for financial measures.
Even if they care for money or your stability they still care about you and that is all that counts.

Y10 Revision Today!

Hi Y10,

Your task is to create a revision tool for one of the topics we have studied...

You could:
Create a mindmap of all the key concepts
You could create some quiz questions that another student has to answer (and then blog them)
You could create a poster and then photocopy for all students to put in their book...
You could find an interesting article and write some quiz questions!

The list is endless!!

Here are the topics we have studied:
  • EntrepreneursSpotting an opportunity (gap in the market)Customer Needs/Service/SatisfactionCompetitionMarket MappingWhy start up a business?FranchisesEnterpriseGoods/ServicesInvention/InnovationPatents/Copyright/TrademarksCosts/Fixed/VariablePrice/RevenueEstimating profitCashflowSources of FinanceMarketing MixLimited/unlimited liabilityRecruitmentEqual OpportunitiesSupply and DemandInterest RatesBusiness CycleStakeholders

Tuesday, 15 January 2013

Quick and Effective Definiton of the Business Cycle

The link below takes you to a website that gives you a definition of the Business Cycle; describing it in every way and the article is quite short. Talks a bit about recession and peak moments as well. Give it a read:

http://economics.about.com/cs/studentresources/f/business_cycle.htm


Top 5 Most Exciting Gadgets For 2013

Check out the 

TOP 5 MOST EXCITING GADGETS FOR 2013

http://sciencefocus.com/news/top-5-most-exciting-gadgets-2013

were the UK's economy places in Europe

The United Kingdom’s economic freedom score is 74.8, making its economy the 14th freest in the 2013 Index. Its score is 0.7 point higher than last year, showing its efforts to improve control of government spending. The U.K. is ranked 5th out of 43 countries in the Europe region.

 the U.K. has long benefited from openness to global trade and investment. Reforms undertaken in recent years include measures to curb the growth of government spending and a series of corporate tax rate cuts that will continue until 2014. Ending the steady erosion of economic freedom during the past five years, Britain’s overall score increased in the 2013 Index.