Markets

The latest in the new series of PowerPoint resources aimed at assisting teachers with the delivery of the WJEC/Eduqas A-level Business specification but is suitable for all boards. These slides and hand out are designed to support the delivery of the Component One topic of markets. They explain what is meant by markets and competition before identifying the features of some of the main types of market e.g. local, national, global, B2B, mass, niche, product, service and seasonal. The slides then analyse and interpret the impact of market data, market share and market size. Next they consider the role, methods and purpose of market segmentation before they conclude with a detailed assessment of markets and degrees of competition found within them. This includes analysis of the full spectrum of competition ranging from perfectly competitive markets to pure monopoly. The slides contain the Quick Fire Five questions and also a practice essay (all with suggested solutions). In addition to the main PowerPoint a PDF copy of the notes has been provided to assist with pupil hand outs.