Business News

Cadbury Schweppes Cutbacks

Cadbury Schweppes CutbacksBy Guest Writer Henry Hodges (Year 13)The well-known confectionary producer Cadbury Schweppes has recently announced a series of cutbacks including the closure of its Keynsham factory, which is located near Bristol a move expected to result in the loss of around 500 jobs (BBC, 3rd October 2007). The closure...
Business News

The Sub-Prime Mortgage Market

The Sub Prime Mortgage MarketAdapted from a news item from Alex Chan (Year 13)What is this sub prime mortgage market we keep hearing about in the news? Sub-prime mortgages are those sold to people with poor credit histories and thus a greater chance of defaulting. They are associated with higher...
Business News

Changes to the External Environment

Changes to the External EnvironmentThere are potentially significant changes affecting transport costs for consumers and businesses this week. Oil prices have recently reached record price levels, breaking the $83-a-barrel mark on Friday 28th September (BBC, 28th September 2007). In addition, UK fuel prices are set to increase as a 2p...
Business News

The impact of ageism laws

The impact of ageism lawsOn 1 October 2006 the Employment Equality (Age) Regulations came into force in the UK.This was hailed as one of the biggest changes to employment law in the last 25 years, making it unlawful to discriminate against workers under the age of 65 on the grounds...
Business News

The Continuing Success of the iPod

The Continuing Success of the iPodBy Guest Writers Ronald Tong and Ryan Wong (Year 13 students)Back in 2001, Steve Jobs announced 'listening to music will never be the same again' and launched the iPod.It notched up healthy worldwide sales of 400,000 units in its first year, but at that time,...
Business News

Pester Power

Pester PowerAs children have returned to school across the UK, the marketing department at Clarks Shoes must have been celebrating the success of their latest products.Caitlin Moran from the Times warns parents that 'There is a new evil out there, and it is the Clarks YoToy shoes' (The Times, 27th...
Business News

Big Brother and the Product Life Cycle

Big Brother and the Product Life CycleA BBC news report headlined in 2002 with 'Has Big Brother had its day?' (BBC, 27th July 2002).However, 5 years later we are now witnessing the final of Big Brother 2007, with the usual hype and publicity.The programme makers have creatively developed the programme...
Business News

Training and development

Recognising which skills and qualifications are needed in order to make our present and future workforce competitive is vital. Some organisations have various training programmes in place for different qualification entry levels. Siemens is one of the largest electrical and electronics engineering companies in the world. It recognises that investing...
Business News

Training and Development

Training and DevelopmentA new survey by accounting firm Ernst and Young has found that graduates rate training and development potential as the most important factor in their choice of employer (BBC, 21st August 2007).Whilst 44% of graduates listed training as the most important selection criteria, only 18% stated that their...
Business News

Responding to diverse customers’ needs

Responding to diverse customers' needsTwo and a half million people from other countries have moved to the UK to work since 2002, with most coming from the new EU members from Eastern Europe (BBC, 25th July 2007).   Whilst these new immigrants represent an expansion of the workforce, many astute companies...
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