Call for papers
Business Studies is a broad, multidisciplinary field that examines how organizations operate, compete, and grow. Topics of interest for submission include any topics on:
1. Business Environment & Strategy
This area focuses on the "big picture"—how a business interacts with the world and plans for the future.
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External Environment Analysis:
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PESTLE Analysis: Political, Economic, Social, Technological, Legal, and Environmental factors.
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Porter’s Five Forces: Analyzing industry competition and market attractiveness.
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Business Ownership Structures:
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Sole Traders, Partnerships, and Private vs. Public Limited Companies.
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Franchising, Cooperatives, and Social Enterprises.
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Strategic Planning:
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Setting Mission, Vision, and Corporate Objectives.
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SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats.
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Ansoff’s Matrix: Market penetration, product development, and diversification.
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2. Marketing Management
Marketing is about identifying and satisfying customer needs profitably.
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Market Research:
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Primary vs. Secondary research methods.
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Qualitative vs. Quantitative data analysis.
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The Marketing Mix (4Ps & 7Ps):
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Product: Life cycle (PLC), branding, and packaging.
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Price: Skimming, penetration, and psychological pricing.
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Place: Distribution channels and e-commerce logistics.
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Promotion: Advertising, PR, and digital marketing strategies.
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Consumer Behavior:
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Segmentation, Targeting, and Positioning (STP).
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The buyer decision-making process.
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3. Human Resource Management (HRM)
This focuses on the most valuable asset of any business: its people.
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Workforce Planning:
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Recruitment, selection, and induction processes.
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Training and development (On-the-job vs. Off-the-job).
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Motivation Theories:
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Taylor’s Scientific Management.
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Maslow’s Hierarchy of Needs and Herzberg’s Two-Factor Theory.
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Organizational Structure:
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Span of control, chain of command, and delegation.
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Centralization vs. Decentralization.
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Employment Relations:
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Trade unions, collective bargaining, and redundancy.
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4. Operations Management
Operations involves the production of goods and services efficiently.
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Production Methods:
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Job, Batch, Flow, and Cell production.
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Lean Production: Just-in-Time (JIT) and Kaizen (continuous improvement).
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Quality Management:
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Quality Control vs. Quality Assurance.
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Total Quality Management (TQM).
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Supply Chain & Logistics:
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Managing suppliers, stock control (EOQ), and lead times.
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5. Finance and Accounting
The "language of business" used to measure performance and manage resources.
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Sources of Finance:
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Internal (retained profit) vs. External (loans, venture capital, share capital).
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Financial Statements:
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Income Statement: Calculating gross and operating profit.
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Statement of Financial Position (Balance Sheet): Assets, liabilities, and equity.
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Cash Flow Forecasts: Managing liquidity and working capital.
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Investment Appraisal:
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Payback Period and Net Present Value (NPV).
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Ratio Analysis:
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Profitability ratios (ROCE, GPM) and Liquidity ratios (Current ratio).
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6. Business Ethics & Globalisation
Modern business studies must account for global impact and morality.
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Corporate Social Responsibility (CSR):
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The "Triple Bottom Line": People, Planet, Profit.
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International Business:
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Multinational Corporations (MNCs) and Offshoring.
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The impact of exchange rates and trade barriers (Tariffs/Quotas).
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