Business: Edexcel GCSE revision notes
1 Investigating Small Business
1.2 Spotting a Business Opportunity
- 1.2.1 Customer Needs
- 1.2.2 Market Research
- 1.2.3 Market Segmentation
- 1.2.4 The Competitive Environment
- 1.2.5 Primary & Secondary Market Research
- 1.2.6 End of Topic Test - Business Opportunities
- 1.2.7 Application Questions - Business Opportunities
- 1.2.8 Exam-Style Questions - Market Segmentation
- 1.2.9 Diagnostic Misconceptions - Competition
1.3 Putting a Business Idea into Practice
- 1.3.1 Business Aims
- 1.3.2 Business Objectives
- 1.3.3 Business Revenues & Costs
- 1.3.4 Costs - Calculations
- 1.3.5 Revenue - Calculations
- 1.3.6 Business Profits & Break-Even Analysis
- 1.3.7 Profits & Losses - Calculations
- 1.3.8 Interest - Calculations
- 1.3.9 Cash & Cash Flow
- 1.3.10 Cash & Cash Flow 2
- 1.3.11 Cash Flow - Calculations
- 1.3.12 Sources of Business Finance
- 1.3.13 End of Topic Test - Business in Practice
- 1.3.14 Grade 9 - Business in Practice
- 1.3.15 Exam-Style Questions - Business in Practice
- 1.3.16 Diagnostic Misconceptions - Profit
- 1.3.17 Diagnostic Misconceptions - Company vs Business
- 1.3.18 Diagnostic Misconceptions - Economies of Scale
- 1.3.19 Diagnostic Misconceptions - Cash Flow
- 1.3.20 Diagnostic Misconceptions - Break-even
- 1.3.21 Diagnostic Misconceptions - Fixed Costs
1.4 Making the Business Effective
- 1.4.1 The Options for Start-Up & Small Businesses
- 1.4.2 Limited Liability
- 1.4.3 Franchising & Not-For-Profits
- 1.4.4 Business Location
- 1.4.5 The Marketing Mix
- 1.4.6 Business Plans
- 1.4.7 End of Topic Test - Effective Business
- 1.4.8 Application Questions - Effective Business
- 1.4.9 Exam-Style Questions - Business Plans
1.5 Business Stakeholders
2 Building a Business
2.2 Making Marketing Decisions
- 2.2.1 Product
- 2.2.2 Product Life Cycle
- 2.2.3 Price
- 2.2.4 Pricing Methods
- 2.2.5 End of Topic Test - Product & Price
- 2.2.6 Grade 9 - Product & Price
- 2.2.7 Promotion & Advertising
- 2.2.8 PR & Sales Promotions
- 2.2.9 Sponsorship & Product Placement
- 2.2.10 Promotional Mix
- 2.2.11 End of Topic Test - Promotion
- 2.2.12 Application Questions - Promotion
- 2.2.13 Exam-Style Questions - Promotional Mix
- 2.2.14 Place & Wholesalers
- 2.2.15 Direct to Consumer
- 2.2.16 E-commerce & M-commerce
- 2.2.17 Diagnostic Misconceptions - Decreasing Price
- 2.2.18 Diagnostic Misconceptions - Advertise vs Promote
- 2.2.19 Diagnostic Misconceptions - Social Media
2.3 Making Operational Decisions
- 2.3.1 Job Production
- 2.3.2 Batch & Flow Production
- 2.3.3 Working with Suppliers
- 2.3.4 Effective Supply Chains
- 2.3.5 Just In Time & Just In Case
- 2.3.6 Managing Quality
- 2.3.7 Total Quality Management
- 2.3.8 The Sales Process
- 2.3.9 End of Topic Test - Operational Decisions
- 2.3.10 Grade 9 - Operational Decisions
- 2.3.11 Exam-Style Questions - Managing Stock
- 2.3.12 Diagnostic Misconceptions - JIT vs JIC
2.5 Making Human Resource Decisions
- 2.5.1 Organisational Structures
- 2.5.2 Organisational Structures 2
- 2.5.3 Recruitment
- 2.5.4 Effective Recruitment
- 2.5.5 Training a Workforce
- 2.5.6 Motivating a Workforce
- 2.5.7 End of Topic Tests - Human Resources
- 2.5.8 Application Questions - Human Resources
- 2.5.9 Exam-Style Questions - Human Resources
- 2.5.10 Diagnostic Misconceptions - Owners vs Shareholders
- 2.5.11 Diagnostic Misconceptions - Internal Recruitment
- 2.5.12 Diagnostic Misconceptions - Employee Motivation