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Lesson 2.5.4 Motivation

The importance of motivation in the workplace: ● attracting employees, retaining employees, productivity. How businesses motivate...

Lesson 2.5.2 Recruitment

Different job roles and responsibilities: ● key job roles and their responsibilities: directors, senior managers, supervisors/team...

Lesson 2.5.1 Organisational Structures

Different organisational structures and when each are appropriate: ● hierarchical and flat ● centralised and decentralised. Discover...

Lesson 2.4.1 Average Rate of Return

Calculation and interpretation of: ● average rate of return. Discover Delve Demonstrate Question This is a calculate question. Calculate...

Lesson 2.4.1 Gross and Net Profit Margin

Calculation and interpretation of: ● gross profit margin ● net profit margin Discover Delve Demonstrate Question This is a calculate...

Lesson 2.4.1 Gross and Net Profit

The concept and calculation of: ● gross profit ● net profit Discover Delve Demonstrate Question This is a calculate question. Calculate...

Lesson 2.3.4 Managing Quality

The sales process: ● product knowledge, speed and efficiency of service, customer engagement, responses to customer feedback, post-sales...

Lesson 2.3.3 Managing Quality

The concept of quality and its importance in: ● the production of goods and the provision of services: quality control and quality...

Lesson 2.3.2 Working with Suppliers

Managing stock: ● interpretation of bar gate stock graphs ● the use of just in time (JIT) stock control. The role of procurement: ●...

Lesson 2.3.1 Business Operation

The purpose of business operations: ● to produce goods ● to provide services. Production processes: ● different types: job, batch, flow ●...

Lesson 2.2.4 Place

Place: ● methods of distribution: retailers and e-tailers (e-commerce). Discover Delve Demonstrate Question Have a go at your own Outline...

Lesson 2.2.3 Promotion

Promotion: ● appropriate promotion strategies for different market segments: advertising, sponsorship, product trials, special offers,...

Lesson 2.2.2 Price

Price ● pricing strategies ● influences on pricing strategies: technology, competition, market segments, product life cycle. Discover...

Lesson 2.2.1 Product

The design mix: ● function, aesthetics, cost. The product life cycle: ● the phases of the product life cycle ● extension strategies. The...

Lesson 2.1.3 Business and globalisation

The impact of globalisation on businesses: ● imports: competition from overseas, buying from overseas ● exports: selling to overseas...

Lesson 2.1.1 Sources of business finance

Sources of finance for growing and established businesses: ● internal sources: retained profit, selling assets ● external sources: loan...

Lesson 2.1.1 PLC

The types of business ownership for growing businesses: ● public limited company (plc) Discover Delve Create a Pros and Cons table...

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