This unit looks at what it takes for businesses to build a brand and what a business has to consider when planning brand development. You will investigate and review brands, promotional methods as well as the role of promotion and its place in the marketing mix. Finally, you will select an appropriate promotional mix and justify the choices you make when planning a promotional campaign for a brand.
5.1 Economies and diseconomies of scale
5.1.1 Economies of scale.
5.1.2 Diseconomies of scale.
5.2 Production
5.2.1 Production processes.
5.2.2 Principles of lean production.
5.2.3 Impact of technology in production.
5.3 Factors of production
5.3.1 Changing relationships between enterprise, capital,
land, and labour.
5.4 Quality
5.4.1 The concept of quality and its importance.
Enterprise unit designed to help students prepared to study
IG Enterprise in year 10.
1 hour weekly lessons with a final project at the end of 6 weeks.
Topic 1: Skills of Entrepreneur / Enterprising People
Topic 2: Setting up a new Enterprise
Topic 3: Market Research – Primary / Secondary
Topic 4: Business Planning
Topic 5: Purchasing / Budgets
Topic 6: Marketing: Adverting / Promotion
Topic 7: Run the Business
1 – Business activity and influences on business
This section covers the various objectives of a business, changing business environments and the criteria for judging success. The focus is on the importance of having clear business objectives and how the business environment provides opportunities for, and imposes constraints on, the pursuit of these objectives.
1.4 - Managing people
1.4.1 - Approaches to staffing
1.4.2 - Recruitment, selection and training
1.4.3 - Organisational Design
1.4.4 - Motivation in theory and practice
1.4.5 -Leadership
1.5 Entrepreneurs and leaders
1.5.1 - Role of an entrepreneur
1.5.2 - Entrepreneurial motives and characteristics
1.5.3 - Business objectives
1.5.4 - Forms of business
1.5.5 - Business choices
1.5.6 - Moving from entrepreneur to leader