Category
In the News
Inventory Management | New Stock System Problems Leave Customers Waiting for Their Summer Read
The challenges of implementing new inventory management and e-commerce systems are on display here with news that Waterstones has a large backlog of unfulfilled book orders.
This 7-minute video from the superb FT business team has it all! What a great way to illustrate concepts such as product innovation, market segmentation, research & development and more!
A cracking example here of crowdfunding as a source of finance for a struggling small business.
20% of the UK's nightclubs have closed their doors for the last time since March 2020. Which leaves just over 1,100 venues still trading.
Business Objectives and Social Responsibility | Can A Business Make Too Much Profit Whilst Customers Suffer Financially?
Rising energy costs are a huge concern for households, but a key driver in helping businesses like BP report record profits.
How Removing Best Before Dates is Helping Supermarkets and Their Customers Cut Food Waste
Waitrose is joining competitor supermarkets in removing best-before dates from a range of fresh food.
PESTLE in Action | Competition Regulators Force JD Sports to Sell Footasylum at a Loss
A topical example here of how regulation is forcing a business to reverse an attempt at external growth.
PED in Action | Inflation Hits the Humble Cheeseburger
Now price inflation has hit the McDonald's cheeseburger! What will happen to demand?
A fascinating analysis of sales data from key locations for Pret A Manger gives us insights into how the food-on-the go market is impacted by location as it tries to recover from the pandemic and...
A Prime Example of Price Elasticity of Demand
What will happen to the quantity demanded of Amazon Prime subscriptions in the UK after Amazon announced an increase in price?
Want the latest 2022/23,over-priced kit for your favourite Premier League or Championship team? You might have to wait.
Why Businesses Fail | A Perfect Storm For UK Restaurants Is Forcing More to Close their Doors
1,406 restaurants closed in the UK during the 12 months to May 2022, a 64% increase on the previous year.
According to new research, 26% of people in the UK aged between 16-24 are fully teetotal.
Growing Market Share by Rewarding Existing Customers | McDonalds UK to Roll out Loyalty Scheme After Successful Trial
A good example here of how a successful marketing trial of a customer loyalty scheme is leading to a wider UK-wide rollout.
Temperatures and tempers are rising. So, what better sound is there than the jingle of the ice-cream van as it turns the corner - and a queue of eager customers lines up.
Income Elasticity of Demand | Falling Disposable Incomes Are Making More People Cancel their Media Streaming Subscriptions
The increasing pressure of rising energy and food prices is cutting into disposable incomes, and it looks like demand for media streaming services is sensitive to these changes.
Employee / Employer Relations Under Strain As the Cost of Living Crisis Drives Greater Industrial Unrest
After a long-term decline in industrial action such as strikes, employees and employers in the UK appear to entering a new phase of worsening relations.
The Biz Quiz: 8th June 2022
Here's the last Biz Quiz of the academic year! We have 8 multiple choice questions and a 'Classroom mode' for those teachers wishing to use the quiz in class. Good luck!
The Biz Quiz: 1st July 2022
Here's this week's bizquiz. Apologies that there is no online version of the quiz this week. We have 8 multichoice questions available on the Powerpoint download.
The Biz Quiz: 24th June 2022
Here's this week's bizquiz! We have 8 multichoice questions and a 'Classroom mode' for those teachers wishing to use the quiz in class. Good luck!