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Tuesday, 30 March 2010

Really usefully maps out the recession with a timeline and a few articles:

http://news.bbc.co.uk/1/hi/business/8242825.stm

Thursday, 25 March 2010

Year 13
Independent Research for BUSS4 Examination 2010

You have been distributed copies of the Research Theme for the June 2010 Unit 4 Examination. It is also available from the AQA Website:

http://web.aqa.org.uk/qual/gce/business/business_noticeboard.php?id=05&prev=05

In the examination it will be important that you can draw on real-life, contextual business examples which you have researched previously. It was for sharing these ideas that the class blog has been created.

Over the Easter Break, your task will be to collect evidence for the key parts of the theme. You should find this evidence in newspapers, magazines, or in the television news. It will be important that your evidence is specific and relevant.

You should use the following set of questions as a starting point:

  1. How has the recession created opportunities and threats for businesses and industries?Have some businesses had opportunities created by this recession? Which ones? And by how much? Give evidence for the profit figures, tell me the types of businesses.
    Have some businesses been threatened by the recession? Which ones? Give evidence for the threats which you claim to exist. And most importantly, be specific.
  2. What have been the long-term strategies and short-term plans adopted by businesses in the recession:
    Again, be specific. Give evidence for which businesses have changed. Use the A2 theory you have learned to describe these changes and whether they are strategic or tactical.
  3. What are the factors influencing the strategies businesses adopt in the recession?
    Be specific. It might be helpful to compare and contrast two different businesses and look at what factors were different between them and compare the different strategies which were used.
  4. What strategies could businesses have adopted to prepare for the recession?
    This is retrospective, but it helps to think of what businesses could have done better if they had the chance. Contingency planning might have a lot to say on this. What could businesses have done differently?
  5. What are the possible impacts of the recession on stakeholders and on relationships between businesses and their stakeholders
    Are there any examples of stakeholder groups which have suffered during the recession? Stakeholder groups
    Are there any examples of businesses changing their approach to CSR reporting or their commitment to stakeholders as a result of the recession? For example, has a business had to cut back on some of its CSR programs
  6. The case for and against different businesses and industries receiving government financial support during a recession.
    Think: Banks! Should the banks have been bailed out? You should provide evidence for this, but your answer here will be more of an argument.

    Due Date: First Lesson Back After Easer

Sunday, 14 March 2010

Eurozone industrial production grows strongly - http://news.bbc.co.uk/1/hi/business/8564372.stm

Artlice stating some figures about the increased unexpected growth of the Eurozone in January and the recovery from the recession.

Mortage Overpayments Encouraged By Llyods - http://news.bbc.co.uk/1/hi/business/8564586.stm

Article about Lloyds encouraging borrowers to pay off mortages early. Shows impact of intrest rates on those who are borrowing money.

Sunday, 7 March 2010

http://news.bbc.co.uk/1/hi/business/8553979.stm

just a little article about the massive debt the icelandic folk owe the british goverment after we bailed them out when icesave went kaboom.

if there anything like jonny jones when it comes to paying back debts its going to be a very long time before we see our money

enjoy....

yours sincerely
business guru wigham

Thursday, 4 March 2010

UK interest rates kept on hold at 0.5%

http://news.bbc.co.uk/1/hi/business/8549156.stm

Fears of Hung Parliament Cause Pound to Fall

Why would a hung parliament cause the pound to fall?

http://www.guardian.co.uk/business/2010/mar/01/hung-parliament-fears-send-pound-falling

A rec will be awarded to whoever can comment on the logic chain taking place here, staring from:

1. A hung parliament means a (supposedly) weaker government.

Monday, 1 March 2010

Consumer behaviour harder to predict

An excellent article, well worth a read.

The business examples give information about the strategies businesses are adopting and you can do further research on these.

http://www.ft.com/cms/s/0/54ac38da-1406-11df-8847-00144feab49a.html