Business Studies
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Edexcel GCSE
Theme 1: Investigating small business
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Topic 1.1 Enterprise and entrepreneurship
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1.1.1 The dynamic nature of business
1.1.2 Risk and reward
1.1.3 The role of business enterprise
Topic 1.2 Spotting a business opportunity
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1.2.1 Customer needs
1.2.2 Market research
1.2.3 Market segmentation
1.2.4 The competitive environment
Topic 1.3 Putting a business idea into practice
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1.3.1 Business aims and objectives
1.3.2 Business revenues, costs and profits
1.3.3 Cash and cash-flow
1.3.4 Sources of business finance
Topic 1.4 Making the business effective
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1.4.1 The options for start-up and small businesses
1.4.2 Business location
1.4.3 The marketing mix
1.4.4 Business plans
Topic 1.5 Understanding external influences on business
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1.5.1 Business stakeholders
1.5.2 Technology and business
1.5.3 Legislation and business
1.5.4 The economy and business
1.5.5 External influences
Theme 2: Growing the business
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Topic 2.1 Growing the business
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2.1.1 Business growth
2.1.2 Changes in business aims and objectives
2.1.3 Business and globalisation
2.1.4 Ethics, the environment and business
Topic 2.2 Making marketing decisions
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2.2.1 Product
2.2.2 Price
2.2.3 Promotion
2.2.4 Place
2.2.5 Using the marketing mix to make business decisions
Topic 2.3 Making operational decisions
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2.3.1 Business operations
2.3.2 Working with suppliers
2.3.3 Managing quality
2.3.4 The sales process
Topic 2.4 Making financial decisions
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2.4.1 Business calculations
2.4.2 Understanding business performance
Topic 2.5 Making human resource decisions
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2.5.1 Organisational structures
2.5.2 Effective recruitment
2.5.3 Effective training and development
2.5.4 Motivation
Revision
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Theme 1
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Flash cards
MCQ
Theme 2
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Flash Cards
YouTube
Theory Websites
Podcasts
AS Business Studies
Theme 1
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1.4 Managing people
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1.4.1 Approaches to staffing
1.4.2 Recruitment, selection and training
1.4.3 Organisational design
1.4.4 Motivation in theory and practice
1.4.5 Leadership
1.5 Entrepreneurs and leaders
Theme 2
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2.5 External Influences
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2.5.1 Economic influences
2.5.2 Legislation
2.5.3 The competitive environment
A level Business Studies
Theme 3: Decisions and Strategy
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3.1 Business objectives and strategy
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3.1.1 - Objectives & Strategy
3.1.2 - Theories of Corporate Stratergy
3.1.3 - SWOT analysis
3.1.4 - Impact of external influences
3.2 Business growth
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3.2.1 - Growth
3.2.2 - Mergers & Takeovers
3.2.3 - Organic Growth
3.2.4 - Reasons for staying small
3.3 Decision-making techniques
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3.3.1 - Sales forecasting
3.3.2 - Investment appraisal
3.3.3 - Decision trees
3.3.4 - Critical path analysis
3.4 Influences on business decisions
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3.4.1 Corporate influences
3.4.2 Corporate culture
3.4.3 Shareholders versus
3.4.4 Business ethics
3.5 Assessing competitiveness
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3.5.1 Interpretation of financial statements
3.5.2 Ratio analysis
3.5.3 Human resources
3.6 Managing change
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3.6.1 Causes and effects
3.6.2 Managing Change
3.6.3 Scenario planning
Theme 4: Global business
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4.1 Globalisation
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4.1.1 Growing economies
4.1.2 International trade and business growth
4.1.3 Factors contributing to increased globalisation
4.1.4 Protectionism
4.1.5 Trading blocs
4.2 Global markets and business expansion
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4.2.1 Conditions that prompt trade
4.2.2 Assessment of a country as a market
4.2.3 Assessment of a country as a production location
4.2.4 Reasons for global mergers or joint ventures
4.2.5 Global competitiveness
4.3 Global marketing
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4.3.1 Marketing
4.3.2 Niche markets
4.3.3 Cultural/social factors
4.4 Global industries and companies
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4.4.1 The impact of MNCs
4.4.2 Ethics
4.4.3 Controlling MNCs
Pre-release
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2017 Fitness Industry
Class list
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13R
13 Q
Btec KS5
Level 3
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Unit 3: Personal & Business Finance
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A: Personal Finance
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A1 Functions & role of money
A2 Different ways to pay
A3 Current accounts
A4 Managing personal finance
B: Explore the personal finance sector
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B1 Features of financial institutions
B2 Communicating with customers
B3 Consumer protection for personal finance
B4 Information guidance & advice
C: Understanding the purpose of accounting
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C1 Purpose of accounting
C2 Types of income
C3 Types of expendicture
D: Sources of finance
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D1 Internal
D2 External
E: Break-even & Cash flow
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E1 Cash flow forecasts
E2: Costs & Break-even
F: Statement of accounts
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F1 Statement of comprehensive income
F2 Statement of financial position
F3 Measuring porfitability
F4 Measuring liquidity
F5 Measuring efficiency
F6 Limitations of ratios
Unit 6: Principals of management
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A Functions of management
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A1 Definitions management & Leadership
A2 Functions of management & leadership
A3 Business Culture
B Management & Leadership: Styles & Skills
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B1 & B2 Management & Leaderships styles
C Managing Human Resources
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C1 Human Resources
C2 Human Resource Planning
D Factors influencing management, motivation and performance of the workforce
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D1 Motivation in the workplace
D2 Techniques to meet skills requirements
D3 Training and development
D4 Performance appraisal
E Impact of change
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E1 Managing change
F Quality management
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F1 Quality standards
F2 Developing a quality culture
F3 The techniques and tools of quality management
F4 The importance and benefits of quality management
Unit 7: Business Decission Making
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A: Business plans
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A1 Business ideas
A2 Purpose and structure of the business
B: Decision making in business
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B1 Sources for data collection
B2 The use of business models to aid decision making
B3 Techniques to analyse data effectively for business purposes
B4 Appropriate formats for decision making in a business context
B5 Software-generated information for decision making in an organisation
C: Use of research to justify the marketing
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C1 Types of research
C2 Competitor analysis
C3 Trends
C4 Marketing plan
D: Efficient operational management of the business
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D1 Legislation
D2 Quality issues
E: Understand the importance of managing resources
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E1 Human resources
E2 Physical resources
E3 Financial resources
F: Creation and interpretation of financial forecasts
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F1 Creation and analysis of a sales forecast
F2 Create and interpret a cash flow forecast
F3 Creation and interpretation of a break-even chart
F4 Creation and interpretation of an income statement
F5 Creation and interpretation of a statement of financial position
G: Viability of a business
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G1 Ratio analysis
G2 Threats and ‘what if’ scenarios
G3 Contingency plan
H: Demonstrate business skills/IT skills
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H1 Business skills
H2 Use IT skills to create appropriate documentation
KS4 Btec Enterprise
Component 1: Exploring Enterprises
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Learning Aim A
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P1: Purpose, Activities & Aims
P2: Entrepreneurial Characteristic & Skills
Learning Aim B
Learning Aim C
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P4 Internal Factors
P5 External Factors
Component 2: Planning for & pitching an Enterprise Activity
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Learning aim A
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P1: Potential Ideas
P2: A plan
Learning aim B
Learning aim C
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