GCSE Business Studies stories
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GCSE Business Studies stories
Helpful stories to help APPLY your Business knowledge and theory to.
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Jeremy Hunt: Chancellor says £100,000 not a huge salary in Surrey

Jeremy Hunt: Chancellor says £100,000 not a huge salary in Surrey | GCSE Business Studies stories | Scoop.it
Mr Hunt says an upper limit on earnings to access free childcare is an issue he "would really like to sort out".
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Theo Paphitis: ‘Retail will never, ever be the same again’

Theo Paphitis: ‘Retail will never, ever be the same again’ | GCSE Business Studies stories | Scoop.it
Entrepreneur and ex-Dragons' Den star Theo Paphitis talks to the BBC about how coronavirus has hit retail.
ashley pearce's insight:
Surge of E-commerce
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Primark says no 'special discounts' when shops reopen

Primark says no 'special discounts' when shops reopen | GCSE Business Studies stories | Scoop.it
The fashion chain says it has built up almost £2bn-worth of stock, but there will be no discounts.
ashley pearce's insight:
Is this a sensible pricing strategy?
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Tech Tent: Will we ever go back to the office?

Tech Tent: Will we ever go back to the office? | GCSE Business Studies stories | Scoop.it
Is health crisis permanently changing our attitudes to work - and where it happens?
ashley pearce's insight:
What impact will this have on job roles and working patterns?
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Elon Musk: Tesla raises cost of 'self-driving' cars

Elon Musk: Tesla raises cost of 'self-driving' cars | GCSE Business Studies stories | Scoop.it
Elon Musk hikes the price of Tesla's "self-driving" option by $1,000 and says it will continue to rise.
ashley pearce's insight:
Which pricing strategy is this?
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Uber axes 3,700 staff as trips drop in lockdowns

Uber axes 3,700 staff as trips drop in lockdowns | GCSE Business Studies stories | Scoop.it
The pandemic has added to financial challenges facing the taxi-hailing app firm.
ashley pearce's insight:
What has happened to costs and revenues?
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Shell cuts dividend for first time since WW2

Shell cuts dividend for first time since WW2 | GCSE Business Studies stories | Scoop.it
Royal Dutch Shell slashes its quarterly dividend by two-thirds amid the global oil price shock.
ashley pearce's insight:
What is a dividend?
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Amazon investors told to 'take a seat' as demand jumps

Amazon investors told to 'take a seat' as demand jumps | GCSE Business Studies stories | Scoop.it
Amazon's sales surged 26%, but costs are also up due to spending on safety precautions and wages.
ashley pearce's insight:
What are Amazon's biggest costs?
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Coronavirus: HSBC profits halved by pandemic fallout

Coronavirus: HSBC profits halved by pandemic fallout | GCSE Business Studies stories | Scoop.it
The bank raised its expectations for bad loans to $3bn due to the impact of the pandemic.
ashley pearce's insight:
How do banks make money?
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Recovery expert: 'Some businesses will never reopen'

Recovery expert: 'Some businesses will never reopen' | GCSE Business Studies stories | Scoop.it
Adapting quickly, reassuring customers and flexible workforces will be key, says disaster recovery expert.
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Netflix gets 16 million new sign-ups thanks to lockdown

Netflix gets 16 million new sign-ups thanks to lockdown | GCSE Business Studies stories | Scoop.it
The streaming service behind Tiger King added 16 million subscribers in the first months of the year.
ashley pearce's insight:
What does product range in the context of Netflix?
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Apple announces new iPhone SE to target mid-range market

Apple announces new iPhone SE to target mid-range market | GCSE Business Studies stories | Scoop.it
Apple's new low-priced phone is a successor to the original SE, which was discontinued in 2018.
ashley pearce's insight:
What pricing strategy will they use? Who is the target market?
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McDonald's sales dip just 3.4% as US stores stay open

McDonald's sales dip just 3.4% as US stores stay open | GCSE Business Studies stories | Scoop.it
McDonald's has closed stores in the UK due to the coronavirus, but most US outlets remain open.
ashley pearce's insight:
What could McDonald's do to improve this?
Melanie Bayntun's curator insight, May 25, 2020 8:56 AM
This article is another perspective for students to consider on how COVID-19 has impacted a renowned food chain. While McDonald's is reporting a minimal impact, at what cost has this come to it's employees? How has the business considered reducing its cost to maintain cash in the business/report a profit?
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Why a certificate to own a car in Singapore now costs $106,000

Why a certificate to own a car in Singapore now costs $106,000 | GCSE Business Studies stories | Scoop.it
The city-state introduced a 10-year certificate of entitlement system in 1990 as an anti-congestion measure.
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Google delays Android 11 launch

Google delays Android 11 launch | GCSE Business Studies stories | Scoop.it
The launch of the latest version of the Android operating system had been due to take place on Wednesday.
ashley pearce's insight:
Where on the product life cycle will this be?
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Coronavirus: All non-essential shops to reopen from 15 June - PM

Coronavirus: All non-essential shops to reopen from 15 June - PM | GCSE Business Studies stories | Scoop.it
Boris Johnson says all shops can reopen in England next month if they meet certain Covid-19 guidelines.
ashley pearce's insight:
What do you think makes up "Non essential"?
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Coronavirus: Big sales expected when clothes stores reopen next month

Coronavirus: Big sales expected when clothes stores reopen next month | GCSE Business Studies stories | Scoop.it
Stores 'will have to discount heavily' to shift excess stock that may now be out of season, one analyst said.
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Coronavirus: High Streets see 'fastest ever' footfall drop

Coronavirus: High Streets see 'fastest ever' footfall drop | GCSE Business Studies stories | Scoop.it
Springboard says the fall in the number of shoppers visiting UK High Streets was "unprecedented".
ashley pearce's insight:
Why are shops so reliant on footfall?
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Disney suffers $1.4bn hit due to coronavirus

Disney suffers $1.4bn hit due to coronavirus | GCSE Business Studies stories | Scoop.it
Lockdowns have forced the company to close its theme parks and has hurt advertising.
ashley pearce's insight:
What has hurt profits at Disney?
Melanie Bayntun's curator insight, May 25, 2020 8:49 AM
As an interest story for business secondary education students, this story highlights how COVID-19 has impacted large and small businesses. This story is simple yet effective in nature, particularly as it relates to Disney as a business - a company which students are aware of and have a general understanding that it is a multi-billion dollar company. 
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Coronavirus: Shopping centre giant threatens brands over rent

Coronavirus: Shopping centre giant threatens brands over rent | GCSE Business Studies stories | Scoop.it
Property-owner Intu says it will take legal action against big chains that refuse to pay.
ashley pearce's insight:
Which type of cost is rent?
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Apple boosted by streaming services despite lockdown

Apple boosted by streaming services despite lockdown | GCSE Business Studies stories | Scoop.it
While iPhone sales fell due to the lockdown in China, sales of streaming services jumped.
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Coronavirus: Five firms seeing sales boom in the lockdown

Coronavirus: Five firms seeing sales boom in the lockdown | GCSE Business Studies stories | Scoop.it
Amid all the threats posed by Covid-19 pandemic, some firms are finding ways to forge ahead.
ashley pearce's insight:
Why are sales at these companies rising?
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Boohoo lockdown sales boom thanks to tops and joggers

Boohoo lockdown sales boom thanks to tops and joggers | GCSE Business Studies stories | Scoop.it
The online fashion retailer says customers want to look good when videoconferencing with colleagues.
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Coronavirus: Oasis and Warehouse fall into administration

Coronavirus: Oasis and Warehouse fall into administration | GCSE Business Studies stories | Scoop.it
Administrators say the coronavirus has had a "devastating effect on the entire retail industry".
ashley pearce's insight:
What does liquidity mean?
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Burger King 'plant-based' Whopper ads banned

Burger King 'plant-based' Whopper ads banned | GCSE Business Studies stories | Scoop.it
Ads suggested the burger, which is cooked alongside meat, is suitable for vegans, the watchdog says.
ashley pearce's insight:
What consumer law does this break?
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