-capacity utilisation Study guides, Class notes & Summaries

Budget An agreed plan, establishing, in numerical and financial terms, the policy to be pursued and the anticipated outcomes of that policy SMART How budgets must be: Specific Measurable Agreed Realistic Timed Variance Analysis The process by which the outcomes of budgets are examined and then compared with the budgeted figures Favourable Variance When costs are less than expected, or revenue is more than expected Adverse Variance When costs are higher than expected or revenue is l...

7.5 Assignments 7.5.1 First semester assignments SEMESTER 1 ASSIGNMENT 01/2018 CLOSING DATE: 02 March 2018 UNIQUE NUMBER: WEIGHT: 40% of semester mark TL501: Learning units 1 – 4 Prescribed Book: Chapters 1 – 4 This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the University before the due date. Answer all the questions on a mark-reading sheet or on myUnisa. IMPORTANT! The first ten multiple choice questions of thi...

Global Operations & Supply Chain Management Final Exam || Questions & Answers on MCQ, Descriptive and Numerical (Graded A+) Global Operations & Supply Chain Management Final Exam || Questions & Answers on MCQ, Descriptive and Numerical (Graded A+) What does operations and supply chain management involve? (6 elements) - ANSWER - product design purchasing manufacturing service operations logistics distribution Describe what operations and supply chain management is. - ANSWER - It ...

2023 NEW Pearson Edexcel A-level Business Unit 2 Revision Notes(WBS12) Pearson Edexcel Business IAS Complete Revision Notes Unit 2: Managing Business Activities (Paper/Unit code: WBS12) created by phenomenotes MULTI-CHAPTERS;CHAPTER23-43 Course Structure CHAPTER: 23- Planning 3 24- Internal Finance 4 25- External Finance 6 26- Forms of Business 10 27- Forms of Business: PLCs 14 28- Liability 16 29- Sales, Revenue & Costs 19 30- Sales Forecasting 21 31- Br...

AQA A-Level Business Formulas 100% Correct Total Contribution Total Revenue - Total Variable Costs Contribution Per Unit Selling Price(per unit) - Variable Cost(per unit) Break Even Point Fixed Costs ∻ Contribution Per Unit Margin of Safety Actual level of Output - Breakeven level of Output Market Size(VOLUME) Is the quantity of goods & services produced in a particular market over a period of time (1 year) Market Size(VALUE) Is the total sales revenue generated from selling all of the go...

AQA_A Level Business Studies Paper 1_2020 A-level BUSINESS Paper 1 Business 1 Friday 22 May 2020 Morning Time allowed: 2 hours Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions in Section A and Section B. • Answer one question from Section C and one question from Section D. • You must answer the questions in...

CIPS Questions With Correct Answers 100% Tender Process - answerDetermine style of tender Prepare invitation -include info so all bidders understand the need and send a suitable bid Send ITT using suitable platform Receive bids - any bids after deadline date should be disregarded. Evaluate the bids. Check they meet the required expectations, disregard bids that are incomplete or bids that are not the correct standard. Evaluate the bids against the criteria and score. Use a cross functiona...

Pearson-Edexcel-Business-IAS Complete-Revision-Notes Unit-2=Managing-Business Activities=(-Paper-Unit-code= WBS12-) 2 This means important key points which can be helpful for the exams. This means definitions of terms. Additional information/explanation. Course Structure CHAPTER= 23- Planning .................................................................................................. 3 24- Internal Finance.......................................................................

Business Studies AQA A-Level 2024 Ansoff's Matrix are Assets Shows the strategies that a firm can use to expand, according to how risky they Resources owned by a business Balance sheet Barrier to entry Benchmarking A snapshot of a firm's finances at a particular time An obstacle that makes it harder for companies to enter a market a process by which a company compares its performance with that of high performing organizations Big data Large quantities of ...

Total Contribution Total Revenue - Total Variable Costs Contribution Per Unit Selling Price(per unit) - Variable Cost(per unit) Break Even Point Fixed Costs ∻ Contribution Per Unit Margin of Safety Actual level of Output - Breakeven level of Output Market Size(VOLUME) Is the quantity of goods & services produced in a particular market over a period of time (1 year) Market Size(VALUE) Is the total sales revenue generated from selling all of the good & services produced in a particula...