Edexcel Business - Business Choices

A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 1.5.5. Business Choices. This PowerPoint presentation considers the concept of opportunity cost and how business owners need to make decisions and the implications of these. It then goes on to look at the concept of business trade-offs and the importance of compromise and its impacts upon business decision making. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.