at a trade union can do are also studied.Market research is also very important to any firm the marketing mixbreaks it down into individual sections which are important in businessstudies ^? product, place, price and promotion. There are many differenttypes of research and different types of sampling methods, which theresearcher has to consider before preceding.The source of the good or service is a part of business studies, whatraw materials are needed, how was it made and why was the product made ^?is there a market for it. The life of a product before production isstudied as well as the life of a product when it is in the market andalso when it leaves.External influences such as the government can help or destroybusinesses. Many different types of external influences and othermatters that cause harm to businesses are looked at.It is also important to be aware of the various automation methods usedin business to improve efficiency. Many firms use information technologyin various ways such as ^? EPOS systems and banking, business studiesinvolves briefly the studying of this.Overall, business studies is not just about simply looking at how to runa business it is about finding out how businesses and otherorganisations actually operate and how the factors that influence modernbusinesses are dealt with. All the above points and possibly more arestudied in great depth in a business studies course....
