beautiful video, left a like

Thanks

economies of scale: increased scale of production from business growth, lowers the average cost -> cost of production is spread over more units internal economies of scale: changes within the business that allow economies of scale to be reached marketing economies of scale: cost of marketing is spread over more sales -> lowers the average cost of marketing -> firms can reuse marketing material in different geographical locations due to being big (global or national company) purchasing economies of scale: company's grow and expand and buy raw materials from their suppliers in bulk, allowing them to gain discounts which lower the cost per unit technical economies of scale: expanding businesses invest in more advanced technology and machinery allowing them to generate more output within a period of time -> this allows their cost per unit to fall (cost of production is spread over more units) managerial: as a business expands they will attract more specialist recruits that can implement new strategies to generate produce more efficiently - costs spread over more units, lowers the average cost allowing economies of scale to be reached financial: larger firms are perceived as being more trust worthy and reliable due to their size -> gain access to loans with a lower interest rate -> cheaper sources of finance lowers average cost

for the conclusion, i've been told by teachers that the concluding paragraph has to actually introduce a new point (and that has its own chain of analysis and etc). but whenever i check the mark scheme the conclusion is more like a suggestion of what the business should do (with regards to what the answer has suggested). so what exactly should the conclusion be? a new point? a pagraph summarizing the answer and the best option to pick? or something else altogether?

Thanks

thanks fattie

Thank you, this was sooo helpful! Not as bad anymore

this video was striaght ass ong

Having just read the original paper, I doubt the theory's usefulness. While the first two stages seem rather definitive to me, from there on, I would insist on more empirical substance. What a business organisation does is rather oscillating between central and decentral structures. So, stage 4 would be the same as 2 but on a larger scale, and 5 the same as 3, also on a larger scale. Also, I would challenge that there's inevitably a crysis between periods of centralization and decentralization. It might be as well a softer process, probably depending on the organisation's culture, which is to a large degree a product of the past successes and failures.

learning business for the first time as i am taking it for a level but this has helped me so much, such a complex topic now explained into such simplicity that i can actually understand what each bit means and links to, thanks for the help

You are the equivalent of what Economics has in Econplusdal. Thanks!

I am studying for AAT, found this video useful, thank you!

Amazing video. Thank you !

🙏

Amazing! Thank you so much

Signed in to say the first joke made me physically sigh.

Super helpful mate

About to enter in my national exam 2024

Please make a video on exam technique for as level

Hi, what exam board is this for? Im currently doing WJEC A level business.

Hello, what exam board is this video for? Im doing ocr.

Just wrote my Business UNIT1 ppr today... wrote pretty confidently because of ur videos sir..Hopefully its an A ❤

You are saving me ❤

why no A level content.

I have my As business p1 in an hour and this playlist has been a lifesaver! Thank you so much for your efforts ✨️

Goat

saving my a levels in 2024 is crazy icl, thanks

Well explained concepts, sir. Thank you.

Please can somebody help me? Failing A level atm please can better students share their methodology that they've been graded on? Or any confident A students? Im looking for ideal answers for questions with 8 & 12 marks but if anybody could manage a whole 9609 paper both AS & A would be so helpful. Please, I will appreciate this so so much. I have to pass for my family.

This was amazing for my AAT Level 3 Buisness Awareness Unit but I wished you showed movements along the curve because nobody seems to cover it

youre a god send, thank you!

Your an absolute G ................

Your Videos are always so helpful!! Thank you so much for the work that you do

Where r u from sir

Such a clear explanation, thank you so much sir

cheers

Love from an indian who's preparing for ca inter exams❤

Sir Which Subject Should I choose with buisness aleve if my career is In creative design Note that I am A private candidate so some subject is restricted for private candidate like media study please help me out and can I have you WhatsApp number please?

Sir Which Subject Should I choose with buisness aleve if my career is In creative design Note that I am A private candidate so some subject is restricted for private candidate like media study please help me out and can I have you WhatsApp number please?

If anyone is a high-scorer in business, like B or higher, could you please give me examples on how to answer exam questions? I just cant figure it out

Hello sir, just got my Alevels results yesterday and I managed to score a B in Business. I just wanted to thank you for all your videos because it truly helped alot!

w preciate it

Makanyanya

well explained in 1ominutes than reading 10pages

2024 anyone?

Thank you so much - Saving A levels here

So he’s the father of the mandatory (awkward) pizza lunch with managers 😅

need more of these 5in5 sir

Thank you so much l just got my business mock exam I got a B

making notes from vid feel free to copy and paste x labour productivity -> increase labour productivity -> units produced per worker increases -> costs are spread over a greater number of units -> lower cost per unit -> maintaining same quality of output, but for a lower cost -> improved efficiency -> if we implement business strategies to improve labour productivity -> we can improve efficiency! these strategies include: 0> motivation through financial rewards (promotion, bonus, increased wages), non-financial motivation -> positive working environment etc. -> training workers -> more skilled -> produce a greater number of high quality products in a period of tine -> investment in new tech