Unit 6: External factors
Unit 6.2: Short answer questions on globalisation
A key feature of ______________________is when more and more goods and services are bought and sold internationally. It offers UK businesses the opportunity to ____________ abroad and take advantage...
Unit 5: Financial information
Unit 5.4: Statement of financial position
The main elements of a statement of financial position, including the main classifications of assets and liabilities. Interpreting a simple statement of financial position and make deductions from the...
Unit 5: Financial information
Unit 5.3: Income statements
What profit is and why it is important? How a profit is made; the importance of profit to private sector businesses. For example, profit in the private sector can be a reward for risk-taking and enterprise...
Unit 5: Financial information
Unit 5.4: Revision questions financial statements
The _____________________ of _______________________ _________________ lists the value of everything the business owns (______________) and owes (___________________). It shows what the business is ______________on...
Unit 5: Financial information
Unit 5.1: The need for business finance
This lesson focusses on the meaning of the need for business finance, as well as the differences between short and long term financing. Lesson time: 35 minutes Lesson objectives: This lesson looks at...
Unit 4: Operations
Unit 4: Operations
This section looks at the production processes in any company and investigates different methods of production and the importance of sustainable production. This section also looks at the appropriateness...
Unit 4: Operations
Unit 4.3: Sustainable production of goods and services
This lesson focusses on different methods of sustainable production of goods and services and how businesses can be more sustainable e.g. using renewable energy, using fewer resources / less waste, reusing,...
Unit 3: Marketing
Unit 3: Marketing Free
This section starts with the role of marketing and the difference between niche and mass markets, as well as how businesses use market segmentation to identify their target market. The section then analyses...
Unit 4: Operations
Unit 4.5: Achieving quality production
Why quality is important and how quality production might be achieved and why it is important for any business to focus on quality. Lesson time: 45 minutes Lesson objectives: In this lesson students...
Unit 4: Operations
Unit 4.5: Worksheet on quality/stock control
This revision sheet can be completed in 40 minutes and makes a good homework or class exercise. Define the following terms: a. JIT – just-in-time stock control: JIT – just-in-time stock control is a...