Відео

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

Now that business is over, just wanted to say thank you for everything sir

Final Exam starts in a few hours, can’t express how much you’ve helped this. Thankyou taking the biz🙏🏾

hey there, is there anyone here who can direct me as to whether this course is worth taking? im 22 years old and am thinking of taking some extra A-levels that are more updated to my current career interests. Is the course particularly difficult? Will i be able to self-study it in 11-12 months? What are some areas of the spec to watch out for and pay close mind to to? I'm torn between Business and Econ but i think business would be a little easier for me now ive already spent 4 years working, and I'll also be taking A-level Japanese as i've been studying that for >2 years now and should easily be able to A* the exam. Thanks for you feedback

Thank you so much sir I’m watching this before my AS exams and it is so helpful. God bless you!!

great video !!!

underutilisation -> low number of actual output relative to maximum output (given resources -> factory size, machine, tech products, labour etc.) -> cost of production is spread over fewer units -> cost per unit is higher -> prices are set higher (less competitive) -> lowering in demand -> selling unused assets/leasing (lowering maximum capacity) -> reduce/increasing pricing (depending on elasticity of product)/promotional techniques -> increase sales revenue -> profit can be retained to fund the usage of (currently unused) equipment (increasing actual capacity) -> make staff redundant (lower maximum capacity) -> redeployment of staff -> staff which is idle can be redirected to work in a department which needs attention. (increasing actual capacity) -> reducing size of the workforce (closing outlets etc.) -> rationalisation (lowering maximum capacity)

ignore me! just writing a chain of analysis from what you said (feel free to copy and paste) labour productivity -> total number of output/ total number of workers -> 'x' units per worker -> identify labour productivity accross departments/ previous years/months etc./ with other firms -> if a firm has identified that a competitor has a high labour productivity -> producing the same quantity of output but with fewer workers -> your variable costs will be larger -> issue -> raise prices -> less competitive (lower level of demand for elastic products) -> IDENTIFYING THIS -> opportunity to develop new business strategies to increase productivity -> i.e. make workers redundant and introduce time and motion management -> make managers more firm with their subordinates, to prevent laziness -> maximise productivity labour productivity -> doesn't factor in how much we are paying workers -> can't be used to calculate the cost of labour -> even if a company's labour productivity is lower (lower units of product produced per worker) -> it won't become an issue if the company is paying their workforce lower wages, than other firms (with a higher labour productivity)

keep it up llama

better than my past 6 business teachers in 2 years !!!!! so helpful and detailed thankssssss

hi

thank you!!!!!!!!!

how are variable and direct costs different?

just shared this to all my friends doing business, cheers for the help once again!

We love you taking the biz

i just migtht be cooked

Appreciate it

i’m so cooked

Who else here in 2024 doing paper 2 tomorrow

Exam in an hour, wish me luck😅

marple college could never teach this so easily in 10 mins.

keep it up sir

Thank you so much! You have no idea how much you are helping me!

Im cooked.... but i can't lie this video saved me ever so slightly thank u very much my righteous sir.

Could you talk about how pressure groups want diversity hiring? So businesses hiring people based on race, gender, disability instead of most skilled harming the workforce

love you so much man thank you for this 😭🙏🙏🙏

Thanks sir

I wish you were my teacher... we didn't even have a business teacher until the last quarter of the year so I had to do the entirety of my studying by myself and the way you explain everything is so clear. Thank you

Sir with all due respect i think u just saved my board exam. A2 business. Its today. I can't thank you enough. (I really hope it comes now)

i love you bro exam in 6 hours and here I am getting my revision done

thanks so much, helped me understand this topic much better!

Missed you, good to see you again.

How many marks could you get if you only evaluated one option ( ran out time )

watching this 40 mins before the exam

Exam in an hour thank you for the vids

Exams in a few hours and this actually cleared my head so well👏🏽👏🏽

So helpful for last minute revision thank you 🙏

Is it ajim Answer the question Justifying It depends on Most importantly Thank you biz

You are a life saver!!!

Good luck everyone for paper 1 tomorrow

i ❤ ur videos

thank goodness for you

I have my business gcse exam tomorrow and ur vids are so good and helpful thank u