Unit 1: Business activity
Unit 1.3: Enterprise and business growth
When thinking of entrepreneurs many of you will think of individuals running large and successful corporations, such as the man on the right. In reality, many entrepreneurs are small business people that...
Unit 1: Business activity
Unit 1.3: Business size
This page focusses on the methods and problems of measuring business size and considers why some businesses grow while others remain small and finally, why some (new or established) businesses fail? The...
Unit 1: Business activity
Unit 1.2: Classification of business
This page includes notes and activities for Unit 1.2, which focuses on classifying businesses within the public and private sectors. The unit begins with examples from the primary, secondary, and tertiary...
Unit 1: Business activity
Unit 1.1: Purpose of business revision sheet
A business is an organisation that provides ________________, which are tangible, and/or ______________, which are intangible, for their customers to buy to satisfy their needs and _____________. Most...
Unit 1: Business activity
Unit 1.1: The purpose and nature of business activity
This page contains notes and lesson activities to cover unit 1.1, the purpose and nature of business activity and includes activities on the concept of added value and how this can be increased. The key...
Unit 1: Business activity
Unit 1: Business activity Free
Unit 1 begins the underlying ideas and concepts of business and asks the question, why do businesses exist? Is it just about making profit or are there other motivating factors that drive entrepreneurship?...
Unit 3: Marketing
Unit 3.3: Place revision questions
Q1 Fill in the gaps In the marketing mix, “place” refers to how a product gets from the ___________________to the customer. This is known as the channel of ____________________. A product may pass through...
Unit 6: External factors
Unit 6.1 The economic climate of business
Fill in the gaps The economic _______________ affects both business and consumer behaviour. For example the rate of ______________, which is the cost of ________________ money or the return for _____________...
Unit 5: Financial information
Unit 5.5: Short answer questions on analysis of financial documents
Q1 Fill in the gaps The ____________________ performance of a business can be assessed by calculating ___________ such as the gross and __________ profit ________________. Both of these ratios are expressed...
Unit 5: Financial information
Unit 5.3: Revision questions on income statements
Q1 Fill in the gaps Businesses keep financial records in order to keep track of their financial position, such as to see whether they have made a profit or ______________ over a specific period of time. ...