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 complete lesson includes a teacher PowerPoint with all the answers and a comprehensive student worksheet and covers all of these topics:
a) Development of corporate strategy:
• Ansoff’s Matrix
• Porter’s Strategic Matrix
b) Aim of portfolio analysis
c) Effect of strategic and tactical decisions on human, physical, and financial resources
This resources has been written by Sarah Hilton for Revisionstation
This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics:
Main stakeholders of businesses
Objectives of stakeholders
Impact of business activity on stakeholders
Impact and influence stakeholders have on businesses
This bundle includes complete lessons (PPT and worksheets) and fully editable on each of the following topics:
3.1.1 The purpose and nature of businesses
3.1.2 Business ownership
3.1.3 Setting business aims and objectives
3.1.4 Stakeholders
3.1.5 Business location
3.1.6 Business planning
3.1.7 Expanding a business
All lessons come with all the answers
This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics:
impact of legislation on businesses
benefits for providing a safe working environment
employment law including:
national minimum wage/living wage
the Equality Act (2010)
Health and safety law including: the Health and Safety at Work Act (1974)
consumer law including trade descriptions
This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics:
Methods of production:
Job
Flow
Efficiency in production:
Lean production
Just in time (JIT)
This is an essay planning sheet for Edexcel A level business but it’s in Word so it could be adapted to any board.
I use these at revision time with U6 students together with past papers and the model marked answers. They use these to plan answers to the longer questions and it helps to cement the techniques for exams of using the case study as evidence to support their points.
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
2.4.1
Production,
productivity and
efficiency
a) Methods of production:
o job
o batch
o flow
o cell
b) Productivity:
o output per unit of input per time period:
factors influencing productivity
link between productivity and competitiveness
c) Efficiency:
o production at minimum average cost:
factors influencing efficiency
distinction between labour and capital intensive
production
2.4.2
Capacity utilisation
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
2.4.3
Stock control
a) Interpretation of stock control diagram
b) Buffer stocks
c) Implications of poor stock control
d) Just in time (JIT) management of stock
e) Waste minimisation
f) Competitive advantage from lean production
2.4.4
Quality
management
a) Quality:
o control
o assurance
o circles
o Total Quality Management (TQM)
b) Continuous improvement (Kaizen)
c) Competitive advantage from quality management
Edexcel A Level Business 1.1.1 The Market complete lesson
a) Mass markets and niche markets:
characteristics
market size and market share
brands
b) Dynamic markets:
online retailing
how markets change
innovation and market growth
adapting to change
c) How competition affects the market
d) The difference between risk and uncertainty
1.2.1
Demand
a) Factors leading to a change in demand:
o changes in the prices of substitutes and
complementary goods
o changes in consumer incomes
o fashions, tastes and preferences
o advertising and branding
o demographics
o external shocks
o seasonality
1.2.2
Supply
a) Factors leading to a change in supply:
o changes in the costs of production
o introduction of new technology
o indirect taxes
o government subsidies
o external shocks
1.2.3
Markets
a) The interaction of supply and demand
b) The drawing and interpretation of supply and demand
diagrams to show the causes and consequences of price
changes
1.2.4
Price elasticity of
demand
a) Calculation of price elasticity of demand
b) Interpretation of numerical values of price elasticity of
demand
c) The factors influencing price elasticity of demand
d) The significance of price elasticity of demand to
businesses in terms of implications for pricing
e) Calculation and interpretation of the relationship
between price elasticity of demand and total revenue
1.2.5
Income elasticity of
demand
a) Calculation of income elasticity of demand
b) Interpretation of numerical values of income elasticity of
demand
c) The factors influencing income elasticity of demand
d) The significance of income elasticity of demand to
businesses
1.4.1
Approaches to
staffing
a) Staff as an asset; staff as a cost
b) Flexible workforce:
o multi-skilling
o part-time and temporary
o flexible hours and home working
o outsourcing
c) Distinction between dismissal and redundancy
d) Employer/employee relationships
o individual approach
o collective bargaining
1.4.2
Recruitment,
selection and
training
a) Recruitment and selection process:
o internal versus external recruitment
b) Costs of recruitment, selection and training
c) Types of training:
o induction
o on-the-job
o off-the-job
1.4.3
Organisational
design
a) Structure:
o hierarchy
o chain of command
o span of control
o centralised and decentralised
b) Types of structure:
o tall
o flat
o matrix
c) Impact of different organisational structures on business
efficiency and motivation
1.4.4
Motivation in theory
and practice
a) The importance of employee motivation to a business
b) Motivation theories:
o Taylor (scientific management)
o Mayo (human relations theory)
o Maslow (hierarchy of needs)
o Herzberg (two factor theory)
c) Financial incentives to improve employee performance:
o piecework
o commission
o bonus
o profit share
o performance-related pay
d) Non-financial techniques to improve employee
performance:
o delegation
o consultation
o empowerment
o team working
o flexible working
o job enrichment
o job rotation
o job enlargement
1.4.5
Leadership
a) Leadership:
o the distinction between management and leadership
b) Types of leadership style:
o autocratic
o paternalistic
o democratic
o laissez-faire
Pearson Edexcel International GCSE in Business (iGCSE)
1.7.1 The external factors affecting business decisions:
• social
• technological
• environmental
• political.
This lesson includes a PPT and worksheet written by Sarah Hilton for Revisionstation
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 (iGCSE)
1.6.1 Government spending:
• to provide public service
• taxation and constraints on public spending.
This is a complete lesson with a PPT and a worksheet
Written by Sarah Hilton for Revisionstation
Pearson Edexcel International GCSE in Business 1.2.1 The main types of business ownership
1.2.1 The main types of business ownership:
• sole trader
• partnerships
• limited companies (private and public)
• public corporations.
This is a complete lesson with a teacher PowerPoint and a student worksheet.
Written by Sarah Hilton at Revisionstation
Revisionstation’s A-Z revision ideas booklet 26 pages of 130 revision ideas, challenges, games, memory techniques, and time management tools in one fabulous booklet
Perfect for revision lessons or send a digital copy to all students
Ideal for any subject and any topic
This lesson is suitable for students that need extra support with the tricky topic of Quantitative Sales Forecasting
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
This complete lesson covers:
The roles and objectives of internal and external stakeholder groups
Owners, employees, customers, suppliers, government and the local community
The effect business activity has on stakeholders
The effect stakeholders have on business
This is written by Sarah Hilton for Revisionstation
This lesson covers:
The 4 Ps of marketing and their importance
Product
Design, invention, innovation
Product stages of the lifecycle
Introduction, growth, maturity, decline
Pricing methods
Skimming, cost-plus, penetration, competitor, promotional
Promotion – point of sale
Price reductions, loss leaders, competitions, free samples
Promotion - advertising
Social media, websites, print media, television, radio
Place – distribution of products and services
Digital and physical distribution channels
How the 4 Ps of the marketing mix work together
The use of the marketing mix to inform and implement business decisions
Interpretation of market data
Changes in demand
target market and market share
changes in product
effects of promotion
This lesson is written by Sarah Hilton at Revisionstation