In this video, we’re diving into five key ways competition affects the market. From lower prices to better quality we will be looking into them all, using McDonald’s as our star example. Plus, we’ll discover what happens when there’s no competition…it’s not great for us. ►Become a FREE SUBSCRIBER to TWO TEACHERS now: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1 ►A free supporting activity worksheet is available to download on the following link: https://www.twoteachers.co.uk/howcompetitionaffectsthemarket ►Check out our website for lots of educational business resources https://www.twoteachers.co.uk #businesseducation #competition #mcdonalds

Watch this video if you want to know what labour turnover is and why it is used in business. This 4-minute explainer video clearly defines labour turnover, demonstrates the formula, and explains why it’s important for businesses using practical examples. ►Become a FREE SUBSCRIBER to TWO TEACHERS now: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1 Remember to hit subscribe & turn notifications on (bell icon) so you don't miss out on any new videos! ►A free activity resource for students can be downloaded via the following link: (link will be uploaded shortly) #businessmaths #Calculation #Business

Watch this video if you want to know what labour productivity is and why it is used in business. This 4-minute explainer video clearly defines labour productivity, demonstrates the formula, and explains why it’s important for businesses using practical examples. ►Become a FREE SUBSCRIBER to TWO TEACHERS now: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1 Remember to hit subscribe & turn notifications on (bell icon) so you don't miss out on any new videos! ►A free activity resource for students can be downloaded via the following link: https://www.twoteachers.co.uk/labourproductivity #Labour #Calculation #Business

Master the art of stakeholder mapping in just minutes! Learn how to identify, analyse, and engage stakeholders effectively using a simple 4-step process. Perfect for business projects, events, and more. 🚀 ►Become a FREE SUBSCRIBER to TWO TEACHERS now: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1 ►A free supporting activity worksheet is available to download on the following link: https://www.twoteachers.co.uk/stakeholdermapping ►Check out our website for lots of educational business resources https://www.twoteachers.co.uk #businesseducation #StakeholderMapping #BusinessTips

Companies like Apple, Coca-Cola, and McDonald’s are well-known examples of businesses that decided to sell their products in other countries. But what drives these decisions? The two main factors that influence businesses to trade internationally are known as push factors and pull factors. Watch this video if you want to understand what push and pull factors are and how they impact international trade. ►Become a FREE SUBSCRIBER to TWO TEACHERS now: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1 ►A free supporting activity worksheet is available to download on the following link: https://www.twoteachers.co.uk/internationalpushandpullfactors ►Check out our website for lots of educational business resources https://www.twoteachers.co.uk #businesseducation #internationalbusiness #mcdonalds

What innovations in customer service can businesses make? and what are the benefits of innovating with customer service? In this video, we’ll explore how McDonald's have innovated with their customer service and the benefits this brings to McDonald's and businesses in general. Watch this video if you want to understand the benefits of customer service innovation. ►Become a FREE SUBSCRIBER to TWO TEACHERS now: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1 ►A free supporting activity worksheet is available to download on the following link: https://www.twoteachers.co.uk/customerserviceinnovations ►Check out our website for lots of educational business resources https://www.twoteachers.co.uk #businesseducation #customerservice #innovation

What is protectionism and why does it matter? Protectionism is an economic policy where a government restricts or regulates international trade to protect its domestic industries and workforce. The main goal of protectionism is to shield local companies from foreign competition, which helps preserve jobs and promote economic growth within the country. In this video, we’ll explore what protectionism is and the trade barriers a country puts in place to pursue protectionist policies. ►Become a FREE SUBSCRIBER to TWO TEACHERS now: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1 ►A free supporting activity worksheet is available to download on the following link: https://www.twoteachers.co.uk/protectionism ►Check out our website for lots of educational business resources https://www.twoteachers.co.uk #businesseducation #protectionism #Businessstudies