Pearson Edexcel International A Level Business (331) 4 Impact of external influences a) PESTLE (political, economic, social, technological, legal and environmental). b) The changing competitive environment. c) Porter’s five forces. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (333) 3 Decision trees a) Construct and interpret simple decision-tree diagrams. b) Calculations and interpretations of figures generated by these techniques. c) Limitations of using decision trees. Written by Sarah Hilton by Revisionstation

Pearson Edexcel International A Level Business (332) 3 Inorganic growth a) Mergers and takeovers: • reasons for mergers and takeovers • distinction between mergers and takeovers • horizontal and vertical integration • conglomerates • financial risks and rewards. b) Advantages and disadvantages of inorganic growth. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (333) 5 Contribution a) Nature and purpose of contribution. b) Calculation and interpretation of contribution. c) Use of contribution as a decision-making technique. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (433) 1 Marketing a) Global marketing strategy and global localisation (glocalisation). b) Different marketing approaches: • domestic/ethnocentric • mixed/geocentric • international/polycentric. c) Application and adaptation of the marketing mix (4Ps) to global markets. d) Application of Ansoff’s matrix and Porter’s matrix to global marketing decisions. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (336)2 Contingency planning a) Identifying key risks through risk assessment: • natural disasters • IT systems failure • loss of key staff. b) Planning for risk mitigation: • business continuity • succession planning. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (432) 1 Conditions that prompt trade a) Push factors: • saturated markets • competition. b) Pull factors: • increased sales and profitability • risk spreading and economies of scale. c) Cost competitiveness by off-shoring and outsourcing. d) Extending the product life cycle. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (433) 3 Cultural/social factors a) Considerations for businesses: • cultural differences • different tastes and preferences • language and unintended meanings • inappropriate branding and promotion. Written by Sarah Hilton for Revisionstation

AQA GCSE Business 3.1.7 Expanding a business This lesson includes a worksheet and PowerPoint which cover the following topics: Students should be able to: discuss the advantages and disadvantages of methods of growth understand the methods used by businesses when expanding understand the benefits of growth understand the meaning of purchasing and technical economies of scale understand that with growth businesses increase the risk of diseconomies of scale occurring calculate and interpret average unit costs

Pearson Edexcel International A Level Business (331) 2 Theories of corporate strategy a) Development of corporate strategy: • Ansoff’s Matrix • Porter’s Strategic Matrix. b) Aim of portfolio analysis. c) Effect of strategic and tactical decisions on human, physical, and financial resources. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (332) 1 Growth a) Objectives of growth: • economies of scale (internal and external) • increased market power over customers and suppliers • increased market share and brand recognition • increased profitability. b) The distinction between inorganic and organic growth. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (332) 2 Organic growth a) Methods of growing organically. b) Advantages and disadvantages of organic growth. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (331) 3 SWOT analysis a) SWOT analysis • internal considerations: strengths and weaknesses • external considerations: opportunities and threats. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (332) 4 Problems arising from growth a) Diseconomies of scale. b) Internal communication. c) Overtrading. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (333) 4 Critical path analysis a) Nature and purpose of critical path analysis. b) Complete and interpret simple networks to identify the critical path. c) Calculate: • earliest start time • latest finish time • total float. d) Limitations of using critical path analysis. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (434) 2 International business ethics a) Stakeholder conflicts. b) Environmental considerations: • emissions and waste disposal • sustainability. c) Supply chain considerations: • pay and working conditions • exploitation of labour and child labour. d) Marketing considerations: • misleading product labelling • inappropriate marketing activities. Written by Sarah Hilton for Revisionstation

AQA GCSE Business 3.1.6 Business Planning This lesson includes a worksheet and a PowerPoint which covers these topics: Students should be able to: understand the reasons why businesses create plans understand the main sections of a business plan analyse the benefits and drawbacks of business planning understand the difference between variable costs, fixed costs and total costs understand the concept of revenue, costs, profit and loss

Pearson Edexcel International A Level Business (434) 3 Controlling MNCs a) Factors to consider: • power of MNC • political influence • legal control • consumer pressure • pressure groups • social media • self-regulation. Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (334) 2 Stakeholder model versus shareholder model a) Internal and external stakeholders. b) Stakeholder objectives. c) Stakeholder and shareholder influences: • stakeholder: that the business considers all of its stakeholders in its business decisions/objectives • shareholder: that the business should focus purely on shareholder returns (increasing share price and dividends) in its business decisions/objectives. d) The potential for conflict between profit-based (shareholder) and wider objectives (stakeholder). Written by Sarah Hilton for Revisionstation

Pearson Edexcel International A Level Business (334) 3 Business ethics a) Ethics of strategic decisions: trade-offs between profit and ethics. b) Pay and rewards. c) Corporate social responsibility (CSR). Written by Sarah Hilton for Revisionstation