BUSS3 material (general)

Website with useful material for the BUSS3 course:

http://economicsandbusinessstudies.weebly.com/buss3.html

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Paper 3 Entertainment Topic:

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Make a point of reading this over the break; do it in chunks, make notes identifying key points. Put the notes into the "WIDER READING" document so we can see them: Power to the people The future of entertainment Media giants are battling for viewers’ attention. There will be blood Print edition | Briefing Nov 14th 2019 | LOS ANGELES I n hollywood lingo , Disney+ launched hot. On blitz day, as Disney called the eve of its television-streaming service’s debut on November 12th, a massive marketing campaign reached a climax. Buses in its theme parks were wrapped in ads, employees in Disney shops wore  qr  codes for people to sign up with smartphones and  abc ’s “Dancing with the Stars” trailed the excitement to come. By the end of the first day, 10m people had signed up—beyond Disney’s highest expectations, it said. Its servers struggled to cope. The company rushed to fix the glitches, as viewers devoured “The Mandalorian”, a specially made ...
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Profit & loss, margin, cash flow - all in one article:

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BHS stores threatened with closure as troubled retailer seeks rent cuts BHS is battling landlords to reduce its rent costs Credit: ALAMY Christopher Williams , Chief Business Correspondent 3 March 2016   B HS has appealed to creditors for permission to enter a form of insolvency that could lead to the closure of dozens of stores and loss of hundreds of jobs, as the High Street stalwart fights for survival. The retailer has submitted proposals to the High Court for a Company Voluntary Agreement (CVA) in an attempt to drive down rent costs for 87 of its 164 stores. Preparations for the proposals, made by BHS on advice from KPMG, were revealed by The Telegraph last month . BHS said that under a CVA it would seek “substantial” rent reductions at 40 stores that will otherwise be closed after a minimum period of 10 months. KPMG said the retailer will pay 25pc of the rent due on the stores. The retailer’s attempts to negotiate cuts with institut...
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Corporate Social Responsibility in action

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DOMINIC LAWSON january 21 2018, 12:01am,  the sunday times Virtue, Carillion could do. Profit, not so much dominic lawson The firm was big on social responsibility, but forgot what a business is for Share Save The speed with which politicians are distancing themselves from the bankrupt construction firm Carillion might impress Usain Bolt. Ministers are even hinting at the possibility of criminal behaviour on the part of the board (without any evidence that I can discern). For Jeremy Corbyn, it is enough of a crime that Carillion was the biggest contractor for projects that government “outsourced” to the commercial world. This meshes conveniently with the Labour leader’s Marxist article of faith that the state should buy stuff only from itself and never from the wicked profiteers of the private sector. It’s a mystery how Corbyn thinks the NHS will meet the medical needs of the public without drugs developed and sold by pharmaceutical companies, but he wil...
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