Fundamentals of Business

Table of Contents

• Introduction

• In the European Union

• Notes
• Market
• Microeconomics
• The theory of consumers demand
• The effect of credit on consumers that impact on firms
• Prices
• Changes in market equilibrium
• Income
• Theory of Supply (enterprise/Firm)
• Elasticity

• An Enterprise and its inputs (resources)

• Enterprise
• It is often thought that, the only constraint and a source...
• Financial (capital)
• Corporate finance
• Investment analysis
• Lease and Rental charges
• Factors to be considered
• Depreciation
• Reducing Balance
• Acquisition of fixed assets (Property, Plant and equipment)
• Hire purchase

• Long term finance

• Types of shares
• Why do people buy shares
• How do investors decide where to Invest?
• Example of disadvantages of issuing shares
• Loan capital
• Working capital management (revenue expenditure)
• The following examples illustrate differences in conversion cycles
• Profitability
• Suppose
• Ways to improve profitability
• Controlling current assets
• Economic order quantity
• The cost of carrying stocks

• ABC (Pareto, 80/20 rule) analysis

• Inventory in Accounting has only to do with
• Homebase cuts 5 550 jobs
• A LITTLE BIT ABOUT US
• Sources of short term finance
• Costs of bank bills
• Keeping the records - Financial documents
• Profit and Loss Account
• Financial analysis
• Creditors turnover ratio

• An Enterprise and its suppliers

• Consequences of Supply Chain failure
• Reverse logistics
• Activities/functions
• Procurement
• Procurement Types
• Inventory
• Inventory Control Objectives
• Cycle count
• Several definitions of service levels are used

• Production/Processing

• Production logistics
• Manufacturing
• There is eighth waste prevalent
• Usage
• Technical specifications
• Information transmission
• Secondary packaging
• Minimization
• Examples of FMCG generally include a wide range
• Traditional perspective
• Distribution channels may not be
• Channel management
• Two Levels of Marketing
• Operational Marketing
• Market reach
• Direct Services
• The standard rights package includes
• Product focus
• Price Discrimination

• An example of price discrimination

• Distributing the product
• Brand
• A brand
• Multi-brands
• Generic Drugs
• Labour intensity
• Services and Marketing
• Third-party logistics
• Drawbacks of third party providers

• An enterprise and its competitors

• Competition
• Michael Eugene Porter
• Buyer power
• Barriers to entry/exit (deliberate and innocent)
• Classification and examples of barriers
• The main reasons that price wars occur are
• Value chain
• Empirical research on the profit impact of marketing strategy
• Strategies for Micro & Small Enterprises
• To maintain differentiation strategy
• Market structures
• The characteristics of a monopolistically competitive market
• The correct sequence of the mar market structure ket from most
• Collusion

• Acquisition

• Multibranding
• An enterprise and the macro macro-environment
• Literacy
• Apparent Shortages and Multitudes of Skills
• Social and Demographic
• Dependency ratio
• Demographic profile
• Crime
• Shoplifting
• Natural environment
• Sources of energy
• Demand
• Predictions and possible consequences of Peak Oil
• Externality (spill-over)

• Economic Environment

• Economic effects of fiscal policy
• Bank of England
• Circular flow of income
• International trade
• Risks in international trade
• Forward exchange rate
• Direct quotation
• Fluctuations in exchange rates
• Low unemployment
• Structural transformation according to Fo Fourastie
• According to some definitions
• Knowledge economy
• Extract from the Global 2000 Rank by market value
• Economic benefits of unemployment
• Legal and Political Environment

• Regulation can be considered as legal restrictions...

• National Level (United Kingdom)
• A statutory right
• Statutory rights when buying goods/services
• Contractual terms
• Terms
• Standard form contracts are rarely read
• Some contend that in a competitive market
• Intellectual property
• Local level
• Foreign policies and their impact on enterprises

• Technological Environment

• In the early days of a new technology
• Finally the stage is set for change
• A typical example of his thesis is illustrated
• The Computer Industry circa 1983
• Dominant standards thrive for decades
• Author's further contribution
• Netscape, while it was still a start-up
• Miscellaneous thoughts
• Scientific research and science
• Like Big Science, high technology
• SWOT Analysis
• Customers
• Entrepreneur and society
• Five years later, the millionth Beetle rolled
• About this book