Decision tree solved examples
Decision Trees are useful tools for helping you to choose between several courses of action.
They provide a highly effective structure within which you can explore options, and investigate the possible outcomes of choosing those options. They also help you to form a balanced picture of the risks and rewards associated with each possible course of action.
This makes them particularly useful for choosing between different strategies, projects or investment opportunities, particularly when your resources are limited.
Budgeting and Variance analysis
A budget is a document that translates plans into money – money that will need to be spent to get your planned activities done (expenditure) and money that will need to be generated to cover the costs of getting the work done (income). It is an estimate, or informed guess, about what you will need in monetary terms to do your work.
This process of financial planning known as budgeting.
Click here to goto detailed revision notes on budgeting
These notes also cover the benefits and drawbacks of budgeting.
What is Variance analysis?
A variance is the difference between an actual result and an expected result. The process by which the total difference between standard and actual results is analysed is known as variance analysis. When actual results are better than the expected results, we have a favourable variance. If, on the other hand, actual results are worse than expected results, we have an adverse.
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WordSearch quizzes on dineshbakshi.com
10 WordSearch quizzes have been uploaded to the Business Studies Section of dineshbakshi.com. These are new type of quizzes, different from 
the earlier ones. Few terms have been given on the right column and the students have to search these words from a matrix of jumbled words. Main idea is to familiarize the students with business studies terms. It can be used in classrooms by the teachers to get the students as an ice breaking activity. By the end of each quiz students will be well acquainted with the terms. Students can also use it as a challenge to find the words in the minimum time. Whatever the use may be the basic idea is ‘ITS LEARNING THE FUN WAY”
So go ahead and enjoy. Click here to goto the WordSearch section.
Case study on Merger between Porsche & VW
In January, Porsche announced it had increased its stake in Volkswagen to more than 50%, and said it planned to lift its stake in VW to 75%. 
However, even with a 75% stake it would not have been able to take complete control because under the “VW law” the state of Lower Saxony, which holds a 20% stake, can block strategic decisions.
Stock markets had closed before the announcement, with Porsche shares up 1.2%, and VW’s down slightly, by 0.4%. Now they have changed their mind and recently Carmaker Porsche agreed a merger with fellow German manufacturer Volkswagen (VW) after weeks of talks between the two firms’ management.
Find out
* the difference between a merger and a takeover.
* Problems and benefits due to merger.
* Their effect on corporate cultures of the merging businesses. The synergies created because of mergers.
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Attempt a case study on merger Click here
Business Studies exam revision worksheets pack
Exams are round the corner and teachers and students alike are busy preparing for them. Things are hotting up. 
dineshbakshi.com has launched a Business studies fast track revision worksheet pack for students to revise the basic concepts which are of great importance from examination point of view.
The questions are designed to test the knowledge and their analytical skills of students.
These worksheets are printable.
click here to see Fast track revision worksheets
Quality control, Organisational chart Mind maps
dineshbakshi.com has been updated with new mindmaps on Quality control and Organisational chart.
Quality control tell in a very compact way the differnt aspects which the students will be tested in examination. These include the various approaches, benefits of quality control.
What is Globalisation?
what is globalisation
Globalisation means the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. According to dictionaries Globalisation (n) is the “process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications” (Collins) or – from the US – to “make worldwide in scope or application” (Webster). The financial markets, however, are where the story begins.
Revision notes on Globalisation. Click here
Attempt a Worksheet on Globalisation. Click here
Read these articles on Globalisation
Globalisation Atricle on Gaurdian
Importance of Stock Management
Every business has to maintain Stock. Stock are of three types:
- Raw materials
- Semi finished goods
- Finished goods
Stock management is of vital importance for a business because a there it costs the business to maintain stocks.
These costs may be the opportunity cost, stock holding overheads, risk of obsolescence or wastage.
Thus, every business strives to achieve an optimum stock level. Poor stock management may lead to blocking of working capital, disappointment for customers, high ordering cost per order, outdated stock and no discounts from suppliers.
Different methods of stock management are available. Stock control charts are still the favorite but many large businesses are moving to Just In Time (JIT) stock management system.
For detailed notes on Stock management. Click here
Download Mind Map on Stock Management. Click here
Case study – Tougher rules to help small shops
Recently in UK government has tightened the planning regulations to control the spread of out-of-town Superstores which might pose a threat to small shops in the town centre.
Small business is vulnerable to the competition.
As we all know that small firms are important for the economy.
- Every business starts small.
- Small businesses are flexible and respond easily to changes in demand.
- Small firms often cater to local demands.
- In difficult economic times, such as a recession, small business can be an important source of providing employment.
- Small firms provide competition to larger firms through providing customised goods and services.
- Small firms provide niche products and services which a larger firm might oversee.
Click here to attempt a Case study on how governments help small businesses.
Case study – Eurotunnel to pay first dividend
Stakeholders are people or groups who are interested in the performance of a business. A business activity has a number of stakeholders associated with it. These might be Owners, management, managers, workers/employees, creditors, suppliers, government and community.
Each of these stakeholders have some interest on the business. An owner might be interested in maximum profit, whereas employees may be looking for stability of job and better salaries/wages.
Every business decides it objectives keeping in mind these possible interest. One of the prime objectives of a business is to maximize profit.
Profits are vital for a business to sustain itself and to give returns to owners on their investments. Returns on investment made by shareholders in companies is known as dividend.
Eurotunnel, a European company, for the first time paid dividend to its shareholders and this simple case study lets the students investigate into this concept.
Click here to attempt this case study