Year 11 Business Studies
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Aussie Animals cards help double Woolworths growth

Aussie Animals cards help double Woolworths growth | Year 11 Business Studies | Scoop.it
The incredible popularity of Australian Animals collectible cards with Australia's primary school kids helped nearly double Woolworths' sales growth in the December quarter
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Great article on marketing strategy and promotions used to improve sales, growth and gain market share.

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What are bad debts in accounting?◄Click here

What are bad debts in accounting?◄Click here | Year 11 Business Studies | Scoop.it

Bad debts occurs when customer debts due to the business for goods provided or services rendered, become uncollectable. Bad debts are usually a product of customer bankruptcy, company liquidation or where the extra cost of pursuing the debt is greater than the amount of money that the business could posibably collect. When it is determined that a debt is bad, the customer debt is written off in the books of the business. This transaction reduces the value of the accounts receivable in the balance sheet as it increases the expenses of the business in the Income Statement.


Via Peter John Baskerville
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Can an overseas business work here?

Can an overseas business work here? | Year 11 Business Studies | Scoop.it
You see a great idea for a business when you’re on holiday - can you make it work when you get home?
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Importance of understanding local conditions and needs before jumping into an idea. Need to understand laws around intellectual property, and do a lot of research.

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Privacy deadline nears: are you ready?

Privacy deadline nears: are you ready? | Year 11 Business Studies | Scoop.it
Australian companies have just weeks to get their data collection, storage, management and disposal practices in order before several changes to the privacy regime come into effect.
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External influences on a business > legal, social. The increasing privacy concerns have prompted the Federal government to update its laws that govern what data can be stored about individuals and how it is stored. Businesses have to now comply with the new legislations. What are the implications for businesses that may not know how to go about ensuring that their systems are compliant?

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2013 Entrepreneur of the Year Runners-Up - BCBusiness

2013 Entrepreneur of the Year Runners-Up - BCBusiness | Year 11 Business Studies | Scoop.it
BCBusiness 2013 Entrepreneur of the Year Runners-Up BCBusiness A marketing gig in the corrugated-box industry seems an unlikely launch pad for a plant-based whole foods business, but that's where Charles Chang was working when he conceived of the...
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How to Keep Your SME Business Afloat During Tough Economic Times - Business 2 Community

How to Keep Your SME Business Afloat During Tough Economic Times - Business 2 Community | Year 11 Business Studies | Scoop.it
How to Keep Your SME Business Afloat During Tough Economic Times
Business 2 Community
While it is a sound idea to reduce costs during times of slow economy, SME business owners must be careful not to overdo it especially when it comes to marketing.
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Importance of understanding economic conditions and spending business funds wisely. 

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