Glossary

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scheduling (synchronisation) of production

Subject: 

  • Business Studies

all production activities must be worked out and projected on a time basis. It may take different amounts of time to produce different components. Therefore, production must be carefully planned so that all components will be ready on time for the next stage of production.

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working capital
Subject:
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is used to pay for the running expenses of the business such as wages, raw materials and rent....

tendering
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a formal written offer to supply specified goods or services at a stated cost or rate.

fringe benefits
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additional pay provided by the employer, such as contributions towards a pension scheme and...

short-term insurance
Subject:
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insurance against events that could happen but may not, e.g. Theft.

primary production costs
Subject:
Business Studies

the sum of the direct raw material costs and direct labour costs.

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Once your teenager has completed practise exam papers, go over the areas where they struggle. Get a study guide to help you and your student if you need help with a particular section.

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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

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Formulae sheets or key concept sheets are useful for quick revision. Get your teenager to stick them on the wall in their room. The more they look at the formulae and key concepts, the more likely...

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Different study methods work for different students. Find out what works for your child so you understand how you can support him or her.

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