Working smart – Say goodbye to 9 to 5

July 29, 2015

As the demands for a 24/7 consumer culture grows, organisations are increasingly recognising the benefits of working flexibly for both their staff and their profits. Technology has been a huge driver to changing the nature of the typical workplace from one where staff...

Lies, Damned Lies and Accounts

June 29, 2015

In a normal sense, an account of something means the telling of a story. What financial accounts do is to tell the story of business performance through numbers, although the story may require in-depth analysis to establish the real truth. Examination questions on...

Deflation – cheaper must be better

May 31, 2015

Although inflation is often considered to be an economic concept, it is of great importance to all firms and, consequently, to business management students. Inflation is part of the macro environment, referred to as PEST or STEEPLE in the guide, and sitting under...

Google facing European competition inquiry

April 30, 2015

The European Union (EU) has accused Google of abusing its market position to distort Internet search results, in favour of its Google Shopping service.  The European Commission has sent a Statement of Objections to Google outlining its view that Google users do not...

Ketchup on hotdogs

April 2, 2015

US food giant Heinz is to merge with Kraft Foods Group, creating the third-largest food and beverage company in the US. Heinz shareholders will own 51% of the combined company with Kraft shareholders owning a 49% stake. The “mega deal” will create the world’s...

Why? It’s what we do…

February 28, 2015

Most firms publish their mission and a vision statements. A mission statement defines an organisation’s purpose and primary objectives, stating ‘who we are and what we do’. Mission statements are targeted at internal and external stakeholders. By publishing the firm’s...