in this powerpoint I cover the following key aspects of GCSE/ IGCSE business studies. What is training Why businesses train their employees? What is Induction training Different ways of training staff/ employee I have also prepared some Questions to help students remember the key point of the revision session/ lesson.

Stakeholder objectives and Business growth complete revision covering: what is Stakeholders What is Objectives in business Different Stakeholder objectives Conflict between different stakeholder objectives Business growth and how business size is measured there is also 7 questions to practice.

The main features of different forms of business organisation: Sole traders, partnerships, private and public limited companies, franchises and joint ventures Differences between unincorporated businesses and limited companies Concepts of risk, ownership and limited liability Recommend and justify a suitable form of business organisation to owners/management in a given situation Business organisations in the public sector, e.g. public corporations

In this lesson I cover: Environmental concerns and ethical issues as both opportunities and constraints for businesses: How business activity can impact on the environment, e.g. global warming The concept of externalities: possible external costs and external benefits of business decisions Sustainable development; how business activity can contribute to this How and why business might respond to environmental pressures and opportunities: e.g. pressure groups The role of legal controls over business activity affecting the environment, e.g. pollution controls Ethical issues a business might face: conflicts between profits and ethics How business might react and respond to ethical issues, e.g. child labour I have included some key terms to remember for the exam. Question at the end to help remember the main points of the lesson.

In this lesso I cover: Business cycle: Main stages of the business cycle, e.g. growth, boom, recession, slump Impact on businesses of changes in employment levels, inflation and Gross Domestic Product (GDP) How government control over the economy affects business activity and how businesses may respond: Identify government economic objectives, e.g. increasing Gross Domestic Product (GDP) Impact of changes in taxes and government spending Impact of changes in interest rates How businesses might respond to these changes

The importance of a well-motivated workforce: Why people work and what motivation means The benefits of a well-motivated workforce: labour productivity, reduced absenteeism and labour turnover Key motivational theories: Taylor, Herzberg and Maslow’s hierarch Methods of motivation: Financial rewards, e.g. wage, salary, bonus, commission and profit sharing Non-financial methods, e.g. job enrichment, job rotation, team working, training, opportunities for promotion I have also made an activity for students to work on.

In this lesson I cover: draw, interpret and understand simple organisational charts: Simple hierarchical structures: span of control, levels of hierarchy, chain of command Roles and responsibilities of directors, managers, supervisors, other employees in an organisation and inter-relationships between them The role of management: Functions of management, e.g. planning, organising, coordinating, commanding and controlling Importance of delegation; trust versus control Leadership styles: Features of the main leadership styles, e.g. autocratic, democratic and laissez-faire Trade unions: What a trade union is and the effects of employees being union members there are also 2 activity students can undertake to help them remember the topics discussed.

In this lesson I cover: The importance of globalisation: * The concept of globalisation and the reasons for it * Opportunities and threats of globalisation for businesses * Why governments might introduce import tariffs and import quotas Reasons for the importance and growth of multinational companies (MNCs): Benefits to a business of becoming a multinational and the impact on its stakeholders Potential benefits to a country and/or economy where a MNC is located, e.g. jobs, exports, increased choice, investment Potential drawbacks to a country and/or economy where a MNC is located, e.g. reduced sales of local businesses, repatriation of profits The impact of exchange rate changes: Depreciation and appreciation of an exchange rate How exchange rate changes can affect businesses as importers and exporters of products, e.g. prices, competitiveness, profitability (exchange rate calculations will not be assessed) I have also included some questions to help students remember the key points.

This powerpoint presentation covers: Understanding of the competitive environment What is competition in business terms? Direct and Indirect competitors strengths and weaknesses of competitors based on: price, quality Location product range customer service Advantages and disadvantages of competitive environment The impact of competition on business decision making. 10 Terms good to know for your business exam There is also an activity at the end to help you remember key points of the presentation.

In this lesson I cover: Marketing strategy Justify marketing strategies appropriate to a given situation: * Importance of different elements of the marketing mix in influencing consumer decisions in given circumstances * Recommend and justify an appropriate marketing strategy in given circumstances The nature and impact of legal controls related to marketing: * Impact of legal controls on marketing strategy, e.g. misleading promotion, faulty and dangerous goods The opportunities and problems of entering new foreign markets: * Growth potential of new markets in other countries * Problems of entering foreign markets, e.g. cultural differences and lack of knowledge * Benefits and limitations of methods to overcome such problems, e.g. joint ventures, licensing

In this lesson I cover: Identify and classify costs: Classifying costs using examples, e.g. fixed, variable, average, total Use cost data to help make simple cost-based decisions, e.g. to stop production or continue Economics and diseconomies of scale: The concept of economies of scale with examples, e.g. purchasing, marketing, financial, managerial, technical The concept of diseconomies of scale with examples, e.g. poor communication, lack of commitment from employees, weak coordination Break-even analysis: The concept of break-even Construct, complete or amend a simple break-even chart Interpret a given chart and use it to analyse a situation Calculate break-even output from given data Define, calculate and interpret the margin of safety Use break-even analysis to help make simple decisions, e.g. impact of higher price Understand the limitations of break-even analysis

In this lesson I cover: Profitability: The concept and importance of profitability Liquidity: The concept and importance of liquidity How to interpret the financial performance of a business by calculating and analysing profitability ratios and liquidity ratios: Gross profit margin Profit margin Return on Capital Employed Current ratio Acid test ratio Why and how accounts are used: Needs of different users of accounts and ratio analysis How users of accounts and ratio results might use information to help make decisions, e.g. whether to lend to or invest in the business I have also created a task students to help students remember the main outcomes of this lesson.

In informative Powerpoint Presentation I cover: Sources of finance for a start-up or established small business: Short-term sources: overdraft and trade credit Long-term sources: personal savings, venture capital, share capital, loans, retained profit and crowd funding. Understanding Creditors and debtors External and internal finance There are some questions at the end to help students remember key points:

In this PowerPoint presentation I cover: dentifying and understanding customer needs: ● what customer needs are: price, quality, choice, convenience ● the importance of identifying and understanding customers: generating sales, business survival. There are also 3 exam style questions to help student prepare for the exam.

In this lesson I cover: Enterprise and entrepreneurship Characteristics of successful entrepreneurs Contents of a business plan and how business plans assist entrepreneurs Why and how governments support business start-ups, e.g. grants, training schemes

In this PowerPoint presentation I cover: The purpose of market research: Methods of market research: primary research: survey, questionnaire, focus group, observation secondary research: internet, market reports, government reports. The use of data in market research: qualitative and quantitative data the role of social media in collecting market research data the importance of the reliability of market research data. There are 5 exam style question at the end; to help you further.

In this PowerPoint presentation I cover: Who business stakeholders are and their different objectives: shareholders (owners), employees, customers, managers, suppliers, local community, pressure groups, the government. Stakeholders and businesses: how stakeholders are affected by business activity how stakeholders impact business activity possible conflicts between stakeholder groups. I have also added one extra lesson starter PowerPoint which talks and helps students understand conflict of between different stakeholders. At the end of the presentation, there is an activity for students to put their learning into effect.

In this lesson I cover: The role of market research and methods used: * Market-orientated businesses (uses of market research information to a business) * Primary research and secondary research (benefits and limitations of each) * Methods of primary research, e.g. postal questionnaire, online survey, interviews, focus groups * The need for sampling * Methods of secondary research, e.g. online, accessing government sources, paying for commercial market research reports * Factors influencing the accuracy of market research data Presentation and use of market research results: * Analyse market research data shown in the form of graphs, charts and diagrams; draw simple conclusions from such data

In this lesson I cover: The need for business finance: The main reasons why businesses need finance, e.g. start-up capital, capital for expansion and additional working capital Understand the difference between short-term and long-term finance needs The main sources of finance: Internal sources and external sources with examples Short-term and long-term sources with examples, e.g. overdraft for short-term finance and debt or equity for long-term finance Importance of alternative sources of capital, e.g. micro-finance, crowd-funding The main factors considered in making the financial choice, e.g. size and legal form of business, amount required, length of time, existing loans there is also an activity for students to get involved and remember.

In this lesson I cover: The importance of cash and of cash-flow forecasting: Why cash is important to a business What a cash-flow forecast is, how a simple one is constructed and the importance of it Amend or complete a simple cash-flow forecast How to interpret a simple cash-flow forecast How a short-term cash-flow problem might be overcome, e.g. increasing loans, delaying payments, asking debtors to pay more quickly Working capital: The concept and importance of working capital There is also a task at the end to help students remember what they have learnt in the lesson.