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So much more than just revision. Peter Drucker suggested that corporate objectives should cover eight key areas: Share : Business. Price skimming involves setting a high price before other competitors come into the market. Financial Ratios - Explained. The four types of competition in the field of business are pure competition, imperfect competition, oligopoly and monopoly. This is often used for the launch of a new product which faces little or now competition - usually due to some technological features. An effective mission statement: Differentiates the business from its competitors. Piece-rate pay encourages effort, but, it is argued, often at the expense of. Training is, therefore, a process whereby an individual acquires job-related skills and knowledge. We aim to provide high quality, simple study, revision and exam technique videos and livestreams. Our video style is. Suitable for AQA, Edexcel and other exam boards, hosted by experienced teachers and examiners. Mar 22, 2021 · A moving average takes a data series and "smoothes" the fluctuations in data to show an average. Designed and delivered by the tutor2u subject experts, each student course provides a complete, self-paced online study programme, packed with short topic videos, activities and downloads Find concise and comprehensive study notes on various business topics, such as accounting, finance, marketing, human resources, and more. Informal communication starts to fail. When it comes to determining the value of a business, there are several methods that are commonly used. Explore topics such as business knowledge, theories, models, strategies, change management and more. Course outline. An effective way to analyse key features of the external environment is to use PESTLE analysis. How many can you get correct? Capacity utilisation is a measure of the extent to which the productive capacity of a business is being used. Current assets are, therefore, very important to cash flow management and forecasting, because they are the assets that a business uses to pay its bills, repay borrowings, pay dividends and so on, Change management is a process used by companies to plan, implement, and manage change within the organization. This revision video introduces and explains the basics of the Tannenbaum & Schmidt Continuum - a popular model of leadership styles. All our live sessions are recorded and available to watch again. Functional objectives are those that relate to the specific functions of a business (e marketing, operations, HRM, finance) and which are designed to support the achievement of corporate objectives. Business Livestreams. The short video below provides an overview of Taylor's theory of motivation and there are some additional study notes below the video. A revision presentation that examines the. Test yourself with these interactive revision quizzes and similar online activities. Stakeholder conflict. A detailed description of a new or existing business, including the companies strategy, aims and objectives, marketing & financial plan. Diseconomies of scale occur when a business grows so large that the costs per unit increase. Find study notes, quizzes, videos, exam support and more for Business students and teachers. Live revision sessions, Q&A and discussion panels for students and teachers. The acid test ratio is another important and widely used liquidity ratio, particularly in industries where it is traditional to carry a large value of stocks (inventories) in working capital. Please note, you will need to be logged into your free mytutor2u account to be able to view this content. Motivation. Last updated 5 Mar 2018. Share : Businesses in the private sector can be categorised in two main ways: (1) incorporated and (2) unincorporated businesses. The main objectives that a business might have are: Survival - a short term objective, probably for small business just starting out, or when a new firm enters the market or at a time of crisis. C (Consumption) I (Investment) G (Government spending) and X − M (Net Exports) Economic growth is an increase in the value of goods and services produced by an economy over time. It is one of the most important concepts in business, particularly when making decisions about pricing and the rest of the marketing mix. Here is a growing collection of topical case studies, complete with worksheet and suggested answers, for GCSE Business. Try these MCQ-based revision quizzes as part of your A Level Business revision! We've grouped them into main topic categories. Retrenchment might occur when one or more of the following happen to a business: Reduce output & capacity. Business Topics in 60 Seconds! We're busy recording a series of 60-second YouTube shorts covering a range of key business topics and concepts. An emerging economy is one in which the country is becoming a developed nation often driven by relatively high economic growth and a rapid expansion of trade and investment flows. Variances can be either: Positive/favourable (better than expected) or. VAT reg no 816865400. The Bartlett & Ghoshal Model. Herzberg had close links with Maslow and believed in a two-factor theory of motivation. Mayo introduced the Human Relations School of thought, which focused on managers taking more of an interest in the workers, treating them as people who have worthwhile opinions and realising that workers enjoy interacting together. Share : The objective of benchmarking is to understand and evaluate the current position of a business or organisation in relation to best practice and to identify areas and means of performance improvement. GDP is commonly used to measure economic growth and ismade up of several parts: The formula for is: GDP = C + I + G + (X − M) where. ICT covers any product that will store, retrieve, manipulate, transmit or receive information electronically in a digital form. Most businesses have a variety of stakeholder groups which can be broadly categorised as follows: Practice Exam Questions. Flow has been defined as a "method of production organisation where the task is worked on continuously or where the processing of material is continuous and progressive," The aims of flow methods are: - Improved work & material flow. Piece-rate pay encourages effort, but, it is argued, often at the expense of. We've also added a listing of the key theories and models & quantitative / numerical concepts. Budgets for income/revenue and expenditure are prepared in advance. The Experience Curve. In psychology, attachment refers to the deep emotional bond that forms between individuals, particularly in relationships between parents and children. However, coming up with the perfect name for your business can be difficult Starting an adult daycare business can be a great way to make a difference in the lives of seniors and other adults who need extra care and attention. A definition of quality control is: The process of inspecting products to ensure that they meet the required quality standards. Dynamic pricing is a pricing strategy in which businesses set flexible prices for products or services based on current market demands. Attracts imitation = need for design protection. The short video below provides an overview of the Experience Curve model and there are some additional study notes below the video. Last updated 22 Mar 2021. Here is a collection of study notes and revision videos which help to explain all the theories and models contained in the AQA A Level Business specification. There are two main ways to. We pack tons of different things into our schedules and then gloat about how busy we are. Business owners often report that company finance of £10,000 to £250,000 can be very difficult to obtain - even from traditional sources such as banks and venture capitalists. This CPD course aims to increase your confidence, and build your knowledge about leading a successful department. Disposal of business unit. Lean production aims to cut costs by making the business more efficient and responsive to market needs. Greiner's Growth Model. Training is, therefore, a process whereby an individual acquires job-related skills and knowledge. Potentially shorter product life cycle. What is sampling? In market research, sampling means getting opinions from a number of people, chosen from a specific group, in order to find out about the whole group. At any one time there are a variety of different interest rates operating within the external environment; for example: The Bank of England uses policy interest rates to help regulate the economy and meet economic policy. Avoid the temptation to crowd the card with everything you want clients to know Getting a business off the ground takes capital. In these circumstances, companies often have to turn to "Business Angels". The basic marketing mix is often referred to as the "Four P's " - since the most important elements of marketing are concerned with: Product - the product (or service) that the customer obtains. At any one time there are a variety of different interest rates operating within the external environment; for example: The Bank of England uses policy interest rates to help regulate the economy and meet economic policy. Here's a topic-by-topic listing of the AQA A-Level Business specification organised by the ten Units. An entrepreneur cannot avoid risk in a start-up and everyone knows that a large proportion of new businesses eventually fail. Revision Video - Benchmarking. (1) enables management to think through the business in a logical and structured way and to set out the stages in the achievement of the business. The gearing ratio is also concerned with liquidity. Piece-rate pay gives a payment for each item produced - it is therefore the easiest way for a business to ensure that employees are paid for the amount of work they do. This revision video introduces and explains the basics of the Tannenbaum & Schmidt Continuum - a popular model of leadership styles. Rising inflation is associated with higher interest rates - this reduces economic growth and can lead to a recession Reference Inflation. It can be defined as: The percentage of total capacity that is actually being achieved in a given period. Follow us for business exam tips, revision, business in the news and much more!" Nov 17, 2022 · Inflation can disrupt business planning and lead to lower investment. Jun 7, 2018 · Capacity utilisation is a measure of the extent to which the productive capacity of a business is being used. The key A Level business topic of stakeholders is explored in this revision quiz. An effective mission statement: Differentiates the business from its competitors. Piece-rate pay encourages effort, but, it is argued, often at the expense of. sashanna mclaurin Each layer of marketing intermediaries that performs some work in bringing the product to its final buyer is a "channel level" Mar 22, 2017 · The marketing mix deals with the way in which a business uses price, product, distribution and promotion to market and sell its product. It can be defined as: The percentage of total capacity that is actually being achieved in a given period. Business Quizzes & Activities Stakeholder concept. Businesses that have a centralised structure keep decision-making firmly at the top of the hierarchy (among the most senior management). Quizzes & Activities. Session 4 - Nailing the Common Question Types. Advantages of quantitative research. Such products are often bought by "early adopters" who are prepared to pay a higher price to have the latest or best. In business, management mainly use confidence intervals to determine the likelihood that data drawn using sampling is representative of the overall population or whole. Main methods of obtaining quantitative data are the various forms of survey – i telephone, postal, face-to-face and online. The key forms of business, including incorporated and unincorporated businesses, are covered by this A Level Business revision quiz. tutor2u offers a range of resources, livestreams, CPD courses and jobs for teachers and students of Business at GCSE and A-Level. usa today sunday jumble Small loans provide the capital that new businesses need to invest in their own success In today’s competitive business landscape, it is essential to make a strong first impression. Learn economics with tutor2u, the leading online resource for students and teachers. If something happens to disrupt that equilibrium (e an increase in demand or a decrease in supply) then the forces of demand and supply respond (and price changes) until a new equilibrium is established. Government spending priorities. The acronym PESTLE stands for: Examples for each element of the PESTLE framework include: POLITICAL Industry regulation spending & tax policies. It identifies the business quickly. Often these are one-off, unique items such as those made by an architect or wedding dressmaker. Feb 18, 2018 · The Experience Curve. The Experience Curve. In order to remain competitive, a business needs to keep its unit costs down. Here is a collection of study notes and revision videos which help to explain all the theories and models contained in the AQA A Level Business specification. Quality is important to businesses but can be quite hard to define. Last updated 22 Mar 2021. A variety of non-financial methods are available that can be used to improve employee performance and motivation. Product development. Ethics are tested in business almost everyday and in a wide range of business activities. menu2uplus Try removing some filters or come back another time when we have some livestreams scheduled 1 Videos7K+. The capital of a business represents the finance provided to it to enable it to operate over the long-term. The gearing ratio is also concerned with liquidity. In other words, the liquidity ratios focus on the solvency of the business. Key Topic Revision Checklist for AQA A-Level Business. Assessment Resources for A-Level and GCSE Business Teachers | Ideal Preparation for 2025 Exams Browse 100s of free Business teaching and study resources by topic. Download using the link below. What is the current ratio?The current ratio is one of two main liquidity ratios which are used to help assess whether a business has sufficient cash or equivalent current assets to be able to pay its debts as they fall due. However there were also factors that would de-motivate an employee if not present but would not in themselves actually motivate employees to work harder (hygiene factors) In this short introductory video, we consider 8 different types of business structure, along with some examples. Bowman's Strategic Clock. Try removing some filters or come back another time when we have some livestreams scheduled 1 Videos7K+. The most common example of partnership businesses are general partnerships. Dynamic pricing is a pricing strategy in which businesses set flexible prices for products or services based on current market demands. The economic climate refers to the overall state of the economy, including various factors such as GDP growth, inflation, interest rates, consumer confidence, and business sentiment. Feb 18, 2018 · The Experience Curve. Home Insurance Small business insurance is essential if you w. Here is a selection of 30 business models & theories drawn from the AQA and Edexcel specifications. Find curated collections of free Business resources for A-Level and GCSE exam boards, including CPD courses, livestreams, PowerPoints, videos, quizzes and more. A decision tree helps to decide whether the net gain from a decision is worthwhile. Need for greater promotional support. The product life cycle is an important concept in marketing. The basics of how the network diagram are explained as is the calculation of the "float" and the identification of the "critical path". Aug 13, 2018 · Motivation - Maslow (Hierarchy of Needs) Maslow focused on the psychological needs of employees.
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Revision Video - Calculating Capacity Utilisation. A decision tree uses estimates and probabilities to calculate likely outcomes. It can have significant effects on businesses, including:Demand for products and services: A strong economic climate can lead to higher consumer and business spending, increasing demand for products and services. The opportunity cost of deciding not to work an extra ten hours a week is the lost wages given up. In order to remain competitive, a business needs to keep its unit costs down. The aim of dynamic pricing is to allow a business that sells goods or services online and/or via mobile apps to adjust selling prices on the fly in response to changing market demand. Productivity measures the relationship between inputs into the production process and the resultant outputs. For example, personal computers, digital television, email, robots. The concept behind the Experience Curve is that the. 1 What is Business? We are adding questions to the database of 3 Each time you launch the resource, 10 questions will be drawn from topics in 3. Business now too big for leader to get involved in everything. | 1 Mar 2022 5 Paperback £995 RRP: £10. Find the latest free resources for GCSE and A-Level Business students and teachers on tutor2u. Here is an interactive resource which provides a series of exam-style multiple choice questions (MCQs) that cover topics in Unit 3. However, although it is a well-worn cliché – it still has some merit. Business class flights are a great way to travel in style and comfort. Watch replays of live-streamed GCSE Business revision sessions and download the PowerPoints used by the tutor2u Business team. oakhurst webcam Browse through 486 study notes by topic or use the search function to find what you need. An emerging economy is one in which the country is becoming a developed nation often driven by relatively high economic growth and a rapid expansion of trade and investment flows. tutor2u Main menu Piece-rate pay. All business operations of whatever size and complexity should have objectives set. The basics of investment appraisal and making investment decisions are explored in this revision presentation. Numerical data provides insights into relevant trends. Piece-rate pay. In today’s digital age, online sales have become an integral part of any business strategy. Greiner's Growth Model. Trading blocs are usually groups of countries in specific regions that manage and promote trade activities. Maslow put forward a theory that there are five levels in a hierarchy of human needs that employees need to have fulfilled at work. The business plan serves several purposes:it. Edexcel A Level Business Knowledge Book: structured knowledge retrieval activities to support revision for 2024 and 2025 exams (tutor2u Edexcel A-Level Business) by tutor2u Business, Graham Prior, et al. 54321 Knowledge Retrieval Activity (Edexcel GCSE Business) - 1. Revision Video - Calculating Capacity Utilisation. Find curated collections of free Business resources for A-Level and GCSE exam boards, including CPD courses, livestreams, PowerPoints, videos, quizzes and more. It describes the stages a product goes through from when it was first thought of until it finally is removed from the market. Mayo concluded that workers are best motivated by: Better communication between managers and workers. Unit costs are particularly sensitive to the effect of significant operational scale and to the relationship between fixed and variable costs. In order to remain competitive, a business needs to keep its unit costs down. Achieving higher labour productivity is not a simple task. Mayo concluded that workers are best motivated by: Better communication between managers and workers. Revenue/profits were higher than expected. Setting Business Aims & Objectives | AQA GCSE Business. There’s finally some relief for euro-area small businesses—but it’s paltry at best. dodge ram hemi 4x4 for sale Business policy & incentives Variance Analysis Board: AQA, Edexcel, OCR, IB. This involves: Market segmentation (analysing the different parts of a market) Targeting (deciding with market segments to enter) Decision 2: Choose how to serve. All our live sessions are recorded and available to watch again. Herzberg had close links with Maslow and believed in a two-factor theory of motivation. Practice this technique with the 10 mark questions on the Edexcel A Level Business Year 1 (AS) specimen papers and also the Edexcel Practice Exam Papers that have been developed by tutor2u to help give you maximum opportunities to improve your exam technique. Moving averages are often calculated on a quarterly or weekly basis. Quality is important to businesses but can be quite hard to define. For each, we've provided a summary diagram of the model or theory. The opportunity cost of deciding not to work an extra ten hours a week is the lost wages given up. The gearing ratio is also concerned with liquidity. Businesses that have a centralised structure keep decision-making firmly at the top of the hierarchy (among the most senior management). Some recent research has revealed that the printer is not as obsolete as one might have imagined, especially considering the digitization of so many business processes If you're considering starting a business, 2023 could be the perfect time to take the leap. Output per hour / day / week. Keep up to date with all the latest free Business resources from tutor2u. Sep 18, 2019 · Last updated 18 Sept 2019. However, a budget is about much more than just financial numbers. Porter's classic model of strategic positioning - the generic strategies of low cost and differentiation - is explained in this revision video. 5,033 Followers, 16 Following, 782 Posts - tutor2u Business (@tutor2ubusiness) on Instagram: "Posts from Graham, Jim and the rest of the tutor2u Business team. mylu.liberty.edu student portal Productivity can be measured in several ways: e Output per worker or hour of labour. Nov 17, 2022 · Emerging Economies. The economic climate refers to the overall state of the economy, including various factors such as GDP growth, inflation, interest rates, consumer confidence, and business sentiment. External: with people outside the business. The annual business revenue is how much money a company generates in a year, whether from sales or interest from investment. Find courses, revision materials, quizzes and more. It can be defined as: The percentage of total capacity that is actually being achieved in a given period. Browse 100s of free Business teaching and study resources by topic. The Jelly Bean Factory and the Productivity Puzzle. It can have significant effects on businesses, including:Demand for products and services: A strong economic climate can lead to higher consumer and business spending, increasing demand for products and services. There are about 30 million small businesses in the United States. This short revision video introduces the concept of the market growth rate and illustrates how market growth can be calculated. Suitable for all GCSE Business students. The best printers for small offices are able to meet the demands of a growing office space and provide you and your team with fast and dependable printing. Sales forecasting is a crucial part of business planning. Maslow (Hierarchy of Needs) Herzberg (Two Factor Theory) Job satisfaction There are a number of different views as to what motivates workers. Find study notes, quizzes, videos, exam support and more for Business students and teachers. Oct 16, 2019 · Demographic Factors. An effective way to analyse key features of the external environment is to use PESTLE analysis. Inflation is a sustained increase in the average price level of an economy. The Boston Matrix is a popular tool used in marketing and business strategy. In this revision presentation, some core concepts of marketing data analysis are introduced. There are about 30 million small businesses in the United States.
This revision video introduces and explains the basics of the Tannenbaum & Schmidt Continuum - a popular model of leadership styles. Opportunity cost measures the cost of a choice made in terms of the next best alternative foregone or sacrificed. Democratic leadership. In the first in a series of short videos on Paper 1 (25 mark) essay technique, I've had a go at providing a worked example of how to plan the two PeCAn PiE paragraph points and AJIM conclusion for a 25 mark essay on AQA A Level Business Paper 1. roblox animation script Unit costs will vary over time and as the scale of a business’ operation changes. A useful framework for analysing market positioning is a "market (positioning) map". The third part of the assessment above is perhaps the most important. It's a foundational aspect of social and emotional development, first studied extensively by John Bowlby and Mary Ainsworth. There are plenty of businesses you can start with l. skar audio amp kit This Connection Wall learning activity focuses on the key terms in 3. The ultimate risk of running a business is that it fails and goes out of existence. Ethics are tested in business almost everyday and in a wide range of business activities. Need for greater promotional support. SWOT Analysis. Let's look at an example of how a decision tree is constructed. Here are some of the most non-obvious. Flow has been defined as a "method of production organisation where the task is worked on continuously or where the processing of material is continuous and progressive," The aims of flow methods are: - Improved work & material flow. The gearing ratio is also concerned with liquidity. cat cj1000dcp Work-leisure choices. STP is a widely used strategy to help businesses make decisions in developing their marketing strategies and creating value for customers. In the first in a series of short videos on Paper 1 (25 mark) essay technique, I've had a go at providing a worked example of how to plan the two PeCAn PiE paragraph points and AJIM conclusion for a 25 mark essay on AQA A Level Business Paper 1. If you’re considering pursuing a business degree, you may have come across the option of attending an online business school. Jun 7, 2017 · Year 1 (AS) Practice Exam Papers for AQA A-Level Business for exams up to 2024. Market Segmentation: Market segmentation involves identifying different parts of the market where. Starting a cleaning business can be a great way to make money and provide a service to your community.
Mayo introduced the Human Relations School of thought, which focused on managers taking more of an interest in the workers, treating them as people who have worthwhile opinions and realising that workers enjoy interacting together. Fast-food businesses like Burger King, Pizza Hut and McDonald's use a predominantly centralised structure to ensure that control is maintained over their many thousands of outlets. Herzberg had close links with Maslow and believed in a two-factor theory of motivation. Piece-rate pay gives a payment for each item produced – it is therefore the easiest way for a business to ensure that employees are paid for the amount of work they do. Commission is a payment made to employees based on the value of sales achieved. Opportunity cost measures the cost of a choice made in terms of the next best alternative foregone or sacrificed. Moving averages are often calculated on a quarterly or weekly basis. For all Year 13 Edexcel A-Level Business taking their exams in May/June 202500 inc VAT Birmingham, Bristol, Leeds, London, Manchester and Newcastle GDP is commonly used to measure economic growth and ismade up of several parts: The formula for is: GDP = C + I + G + (X − M) where. Revision Video - Capacity Management. The five predicted crises of growth according to the model are: Growth Phase: Direction - Crisis of Leadership. Mar 22, 2021 · A moving average takes a data series and "smoothes" the fluctuations in data to show an average. The concept behind the Experience Curve is that the. The higher selling price acts as an incentive for. Under these, there are several common kinds that include medical partnerships, legal partnerships, real. The key forms of business, including incorporated and unincorporated businesses, are covered by this A Level Business revision quiz. A moving average takes a data series and "smoothes" the fluctuations in data to show an average. ICT covers any product that will store, retrieve, manipulate, transmit or receive information electronically in a digital form. Without such a plan a business is likely to drift. Suitable for AQA, Edexcel and other exam boards, hosted by experienced teachers and examiners. The Boston Matrix is a model which helps businesses analyse their portfolio of businesses and brands. Business Planning - Introduction Board: AQA, Edexcel, OCR, IB. Several factors influence how productive the workforce is: e Extent and quality of fixed assets (e equipment, IT systems) The main function of a distribution channel is to provide a link between production and consumption. Each layer of marketing intermediaries that performs some work in bringing the product to its final buyer is a "channel level" Budgets - Introduction. Explore books by tutor2u Business with our selection at Waterstones Click and Collect from your local Waterstones or get FREE UK delivery on orders over £25. fisher community bible study Business efficiency and profitability closely linked to productive use of labour. The average rate of return ("ARR") method of investment appraisal looks at the total accounting return for a project to see if it meets the target return. In the first in a series of short videos on Paper 1 (25 mark) essay technique, I've had a go at providing a worked example of how to plan the two PeCAn PiE paragraph points and AJIM conclusion for a 25 mark essay on AQA A Level Business Paper 1. In the U, there are an estimated 33. Reach the teacher audience you really want to apply for your teaching vacancy by posting directly to our website and… tutor2u is a leading support service for A-Level, GCSE, and Vocational students and teachers. The concept behind the Experience Curve is that the more experience a business has in producing a particular product, the lower its costs. Sep 4, 2022 · Economic manufacture through economies of scale. Debt can be scary, but it’s also a fact of life when you run your own business. Several factors influence how productive the workforce is: e Extent and quality of fixed assets (e equipment, IT systems) The main function of a distribution channel is to provide a link between production and consumption. There are plenty of businesses you can start with l. The market or positioning map is way of assessing the competitive position of brands and businesses based around two chosen dimensions. As businesses move more and more of their operations online, the need for reliable online calling software has become increasingly important. SWOT analysis is a method for analysing a business, its resources and its environment. A mission provides a strategic perspective for the business and a vision for the future. A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices. The main types of marketing objective are introduced in this A-Level Business topic video. This self-paced online course provides students taking Edexcel GCSE Business with a structured catch-up study programme to cover key topics and concepts typically taught in Year 10. can propranolol cause a false positive drug test Quality - Introduction. Planning and designing the change. To manage its stakeholders well, a business effectively to make choices. Showing to of results. Debt can be scary, but it’s also a fact of life when you run your own business. External: with people outside the business. A good definition of business objectives is: "Objectives are statements of specific outcomes that are to be achieved". Online student courses Livestreams Currated collections of free Business resources for Business students and teachers. Browse by topic, exam board, level and resource type in the Reference Library. Rising inflation is associated with higher interest rates - this reduces economic growth and can lead to a recession Reference Inflation. This short video explains and illustrates the concept. Showing to of results. How should a business respond to variations in stakeholder. It focuses on the returns (contribution) a business makes from each unit of product sold and whether that return is enough to allow the business to make money overall after taking account of its fixed costs. It can have significant effects on businesses, including:Demand for products and services: A strong economic climate can lead to higher consumer and business spending, increasing demand for products and services. The presentation introduces topics such as test marketing, calculation of moving averages, extrapolation, correlation and qualitative methods of marketing forecasts (hunch & delphi). It outlines the main purposes of legislation in the business environment - including consumer protection, environmental laws, competition policy and health & safety. Last updated 18 Feb 2018. Mar 22, 2021 · Flow has been defined as a "method of production organisation where the task is worked on continuously or where the processing of material is continuous and progressive," The aims of flow methods are: - Improved work & material flow. Forward vertical integration. So behaving ethically is doing what is morally right.