I am a third year Management student at The University of Manchester.
My passion for business developed at a young age, watching my parents run several different businesses intrigued me to explore further how they worked, therefore leading me to study Management and to even open my own small business.
My previous tutoring experience derives from helping friends, students in years below and also helping prepping my younger siblings and relatives for their GCSE's.
First I would begin with the understanding of the topics that the student is struggling with, as this is essentially the foundation to excelling in exams.
Then the focus is exam questions on the chosen topics, firstly to truly understand what the question is asking, then to look at how you would lay out the answer.
In order to make the sessions exciting and keep the students attention, I shall use a range of different teaching strategies and activities such as games, quizzes, and quick fire questions for example.
I am also able to tutor Accounting and Sociology at GCSE level.
I look forward to assisting aspiring students to achieve top grades!
|Accounting||A Level||£20 /hr|
|Business Studies||A Level||£20 /hr|
|Business Studies||GCSE||£18 /hr|
|Maths||13 Plus||£18 /hr|
Ken (Student) January 12 2016
The product life cycle is a business marketing tool in which it is able to assess the stages a product goes through in its life. The four stages are
1. Introduction - Where the product is introduced to the market, slow growth
2. Growth - Increase in growth in sales and increase in speed of growth
3. Maturity - Peak in sales at this point, but the increase in speed of growth is slowly declining
4. Decline - sales begin to fall, final stage of the PLC.
Therefore using the PLC can help to analyse when a product will have most sales so the operations team can prepare to match demand with supply so there are no shortages in times of high demand and no huge amounts excess inventory, as excess inventory can be very costly to a business.
Another reason as to why it is a useful tool is the stage in which the product will start to make a profit and for how long can be roughly estimated before hand.
Therefore these are just two reasons to show the usefullness of the PLC to a business but there are many many more, along with having its limitations.see more