Business Studies Unit 2 Definition 0.0 / 5 ? Business StudiesDefinitionsASAQA Created by: Laura WijsmullerCreated on: 24-03-14 20:04 Adverse Variance A difference between actual and budgeted amounts which is bad news - e.g. higher than budgeted costs 1 of 5 Advertising Paid for communication, aimed at informing or persuading 2 of 5 Assessment Centres Where a recruiting firm runs a series of extended selection procedures, each lasting one or two days or sometimes longer 3 of 5 Automation The replacement of workers with machines to perform task in production 4 of 5 Boston Matrix A model which analyses the product portfolio of a bu 5 of 5
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