Sarah Hilton has been a business examiner for over 20 years and a business teacher for longer. She is now a teacher trainer, business teacher and qualification developer. She runs the website revisionstation which provides smashing business teaching resources at budget prices.
Sarah Hilton has been a business examiner for over 20 years and a business teacher for longer. She is now a teacher trainer, business teacher and qualification developer. She runs the website revisionstation which provides smashing business teaching resources at budget prices.
This lesson includes a PowerPoint and a worksheet and covers:
a) Capacity utilisation:
o current output (divided by) maximum possible output (x 100)
b) Implications of under- and over-utilisation of capacity
c) Ways of improving capacity utilisation
Written by Sarah Hilton for Revisionstation
This lesson is suitable for students that need extra support with the tricky topic of break-even
It is written for students studying Edexcel A level Business but would also suit students on the Pearson Edexcel A level business course.
This includes a worksheet and a separate answer booklet in Word and PDF format
Written by Sarah Hilton at Revisionstation
2.1.1
Internal finance
a) Owner’s capital: personal savings
b) Retained profit
c) Sale of assets
2.1.2
External finance
a) Sources of finance:
o family and friends
o banks
o peer-to-peer funding
o business angels
o crowd funding
o other businesses
b) Methods of finance:
o loans
o share capital
o venture capital
o overdrafts
o leasing
o trade credit
o grants
2.1.3
Liability
a) Implications of limited and unlimited liability
b) Finance appropriate for limited and unlimited liability
businesses
2.1.4
Planning
a) Relevance of a business plan in obtaining finance
b) Interpretation of a simple cash-flow forecast and
calculations based on changes in the cash-flow variables
c) Use and limitations of a cash-flow forecast
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 (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 (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 (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
Pearson Edexcel International A Level Business (431) 4 Protectionism
a) Reasons for protectionism.
b) Tariffs.
c) Import quotas.
d) Other trade barriers:
• government legislation
• domestic subsidies.
e) Impact on businesses of protectionism.
Written for Sarah Hilton for Revisionstation
Pearson Edexcel International A Level Business (431) 2 International trade and business growth
a) Exports and imports.
b) Implications of increasing specialisation by countries and businesses.
c) Foreign Direct Investment (FDI) and link to business growth.
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 (432) Assessment of a country as a production location
a) Factors to consider:
• costs of production
• skills and availability of labour force
• infrastructure
• location in trade bloc
• government incentives
• ease of doing business
• political stability
• natural resources
• likely return on investment.
Written by Sarah Hilton for Revisionstation
Pearson Edexcel International A Level Business (432) 5 Global expansion and uncertainty
a) The impact on businesses of movements in exchange rates.
b) Skill shortages and their impact on international competitiveness.
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 3.1.5 Business Location
This lesson includes a PowerPoint and worksheet which covers these topics:
Students should be able to understand the factors that influence where a business is located, including:
proximity to the market
availability of raw materials
labour
competition
and costs
1.3.1
Product/service
design
a) Design mix:
o function
o aesthetics
o cost
b) Changes in the elements of the design mix to reflect
social trends:
o concern over resource depletion: designing for waste
minimisation, re-use and recycling
o ethical sourcing
1.3.2
Branding and
promotion
a) Types of promotion
b) Types of branding
c) The benefits of strong branding:
o added value
o ability to charge premium prices
o reduced price elasticity of demand
d) Ways to build a brand
o unique selling points (USPs)/differentiation
o advertising
o sponsorship
o the use of social media
e) Changes in branding and promotion to reflect social
trends:
o viral marketing
o social media
o emotional branding
1.3.3
Pricing strategies
a) Types of pricing strategy:
o cost plus (calculating mark-up on unit cost)
o price skimming
o penetration
o predatory
o competitive
o psychological
b) Factors that determine the most appropriate pricing
strategy for a particular situation:
o number of USPs/amount of differentiation
o price elasticity of demand
o level of competition in the business environment
o strength of brand
o stage in the product life cycle
o costs and the need to make a profit
c) Changes in pricing to reflect social trends:
o online sales
o price comparison sites
1.3.4
Distribution
a) Distribution channels
b) Changes in distribution to reflect social trends:
o online distribution
o changing from product to service
1.3.5
Marketing strategy
a) The product life cycle
b) Extension strategies:
o product
o promotion
c) Boston Matrix and the product portfolio
d) Marketing strategies appropriate for different types of
market:
o mass markets
o niche markets
o business to business (B2B) and business to
consumer (B2C) marketing
e) Consumer behaviour – how businesses develop
customer loyalty
Pearson Edexcel International GCSE in Business (iGCSE)
1.6.3 The effect of interest rates on:
• businesses
• consumer spending.
This is a complete lesson with a PPT and a worksheet
Written by Sarah Hilton for Revisionstation
Pearson Edexcel International GCSE in Business (iGCSE)
1.5.4 The impact of exchange rate changes:
• on international competitiveness
• on importers and exporters.
This is a complete lesson with a PPT and a worksheet written by Sarah Hilton for Revisionstation
Pearson Edexcel International GCSE in Business (iGCSE)
1.5.3 Exchange rate calculation.
This is a complete lesson with a PPT and a worksheet
Written by Sarah Hilton at Revisionstation
Pearson Edexcel International GCSE in Business 1.3.1 Primary, secondary and tertiary activities
1.3.1 Primary, secondary and tertiary activities:
• primary sector – extracting raw materials from
the earth
• secondary sector – converting raw materials into
finished or semi-finished goods
• tertiary sector – provision of a wide variety
of services.
This is a complete lesson with a teacher PowerPoint and a student worksheet.
Written by Sarah Hilton at Revisionstation
This lesson is suitable for students that need extra support with the tricky topic of Investment Appraisal (IA)
It is written for students studying Edexcel A level Business but would also suit students on the Pearson International Edexcel A level business course.
This includes a worksheet and a separate answer booklet in Word and PDF format
Written by Sarah Hilton at Revisionstation