Two teachers who specialise in business. Providing you all with high quality content and resources to help teachers teach and students achieve đ
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Two teachers who specialise in business. Providing you all with high quality content and resources to help teachers teach and students achieve đ
All of our resources are posted onto our Facebook and Twitter pages, so it's a good idea to follow us on these to get updates as and when we create new resources, which is weekly.
For Business Studies videos with pre-made activity resources to use in and out of the classroom subscribe to our YouTube channel đŹ
This worksheet, along with the video will help students understand how to calculate depreciation.
The video explains how to calculate both the straight line method and reducing balance method of calculating depreciation.
Each method has clear examples and the activity sheet allows them to apply their new found knowledge of depreciation.
Depreciation is how much the value of an asset falls over a period of time. In order to record this expense to a business on an income statement you can use either one of these two key methods.
Firstly is the STRAIGHT LINE METHOD and secondly the REDUCING BALANCE Method. Each method enables the business to record the value lost of an asset in the expenses section of an income statement. This is an important expense to consider for a business as it can be costly if it is not monitored.
If you are interested in business, then subscribe to our YouTube Channel for lots more Business Studies content.
This video is good for both marketing and business ethics.
Covers how fast food outlets use tactics to make you spend more money.
The activity sheet is fully editable so you can adapt it to meet the needs of your lesson and what you want students to get out of the video.
The sheet finishes with a short essay question for them to apply some knowledge of the video and to get them to think about the concept in more depth.
This activity resource is based on a video which explains how to calculate both net profit and gross profit margins. The video provides students with a walk-through of how to calculate the answers using formula, then shows you how to interpret the answers to make financial decisions.
The worksheet provides the opportunity to apply knowledge to assess competence in the subject area.
It also includes answers for the calculations.
Both gross profit and net profit are key performance indicators for any business and being able to calculate and interpret these is essential for business owners and entrepreneurs alike.
Based on the CNBC Youtube Video âSubway - Not Starbucks Or McDonaldâs - Has The Most Locationsâ, this video and activity worksheet allows your students to:
Investigate the franchise market and compare popular businesses within the market
Analyse Subway as a franchise business model, with justified recomendations of what they would change if they owned the business
Choose a franchise business model they would purchase if they had unlimited funds including full justification of their plans.
Despite the seeming ubiquitousness of McDonaldâs golden arches and the Starbucks mermaid, the sandwich chain Subway actually has the most locations of any restaurant worldwide, about 43,000 in 2017. This number, however, belies the economic reality: while McDonaldâs and Starbucks continue to grow their profits, Subwayâs have been slipping since 2014. Industry analysts point to a few reasons for this, including a lack of innovation and fraught relationships with franchise owners.
PESTLE is and analytical tool used to assess the external environment.
The video explains each PESTLE factor and links it directly to Amazon.
The Activity sheet gives students the opportunity to apply the knowledge from the video.
PESTLE is a strategic management tool used to assess the external environment affecting a business. These factors are usually out of the businesses control. A lot of these factors link closely to the opportunities and threats section of a SWOT analysis.
For more on SWOT analysis see our YouTube video on SWOT.
This video and activity resource contains two sections. The first tests students knowledge of the break-even point, contribution, and margin of safety. The second section allows students to apply their knowledge to a scenario which requires them to calculate the break-even point and interpret the information it provides. The activity resource comes complete with answers.
The activity resource is designed to be used alongside the Two Teachers YouTube video (Break-Even Analysis | How to Calculate the Break-Even Point Explained) which is shown on the front screen of this resource below.
The activity also has two seperate versions to choose from using a Nandoâs sauce differentiation rating. This allows students who arenât as confident or not as experienced with break-even to use an easier version (Lemon & Herb) and those who are more confident or have studied break even before to use a more difficult version of the task (Hot).
I hope this helps your students to master break-even analysis.
Why do businesses spend so much money on marketing? Investigate this with your students using this short video and activity resource.
Aimed to provide you with the basic fundamentals of this topic area and identifies the key roles of marketing. The video is aimed primarily at students studying GCSE, A Level or BTEC Business. However, it should be useful across all programmes of business studies and the worksheet is fully editable.
The Extended Marketing Mix contains 7Ps and is used by businesses to influence customer buying behaviour.
This video investigates the key differences between Apple and Poundland, providing you with the basic fundamentals of this topic area. The video is aimed primarily at students studying GCSE, A Level or BTEC Business. However, it should be useful and generic across all programmes of Business Studies.
The worksheet resource allows students to apply their knowledge whilst watching the video and after by analysing and applying the Marketing Mix model.
Facebook: Cracking the Code is a documentary on Amazon Prime.
This activity sheet has questions that are designed to be answered whilst watching the documentary. Then a final short essay question uses the answers from those questions to answer a the broader short essay question.
It is an ideal documentary for Corporate Social Responsibility (CSR), Business Ethics and even Marketing.
Facebook: Cracking the Code - âWhatâs on your mind?â Itâs the friendly Facebook question which lets you share how youâre feeling. Itâs also the question that unlocks the details of your life and helps turn your thoughts into profits.
With $4 billion spent on advertising every year, Coca Cola really is a leader in global marketing. This video & activity resource allows students to investigate the secrets behind Coca Colaâs most successful marketing campaigns.
The video is 8 minutes long and has 5 questions for students to answer, including one where they get to create their own marketing campaign for Coca Cola.
For our latest business resouces and content updates, then follow us on Facebook @twoteachersbusiness &Twitter @twoteachersbiz
This activity resource is based on CNBCâs YouTube video case study on Dominoâs and how it has unsuccessfully expanded into Northern Europe, with the exception of Iceland. It examines the businesses past, present and what the future holds for this international business.
The activity sheet has 7 questions for students to answer that are all directly linked to the video. They link mainly to social reasons why Northern Europe has not responded well to Dominoâs but also wider PESTLE factors that have negatively impacted on their efforts to expand to the region.
This activity worksheet is based on the sneakerheads video produced by the Financial Times. Within which they meet the key players and influencers in the obsessive world of sneaker resale, where trainers like those from Nike Air Jordan and Adidas Yeezy can make a fortune for entrepreneurs that treat shoes like stocks on platforms including StockX.
A 14 minute video and 6 questions for students to answer.
Perfect for engaging any business student who love trainers, which is many of them.
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This resource is perfect for anyone teaching entrepreneurship or students who want to own their own business.
It is based on a video produced by BBC Newsbeat named âDIY Generation: Young Hustlersâ and features the journeys of four young entrepreneurs.
The activity resource has 8 questions linked to the video including students establishing 3 micro business ideas and then creating a mini business plan for one.
This resource on SWOT analysis has two parts. The first is a YouTube video that explains each element of SWOT and then provides a business example from Amazon.
The second part is an activity sheet that allows students to answer key questions covered in the video and then apply SWOT analysis to Amazon.
The fast food industry thrives in most of the world. Chains like McDonaldâs and Burger King typically come out on top in the $651 billion fast food industry. In Vietnam, however, the brands have failed to take off. McDonaldâs and Burger King have more than 36,000 and 16,000 locations across the globe, respectively. But in Vietnam, McDonaldâs has 17 stores and Burger King has 13.
In Vietnam, a country spoiled for choice when it comes to food, some U.S. fast food chains are struggling to compete with the local competition.
This activity resource is to be used alongside the CNBC âWhy Mcdonaldâs Flopped in Vietnamâ video which can be found in the Two Teachers Youtube Channel: Business Case Studies playlist.
A case study of Coca Colaâs approach to water resources along with questions that apply the knowledge gained from the case study. The case study is particularly useful in terms of investigating the impact business decisions have on key stakeholders and whether or not the businesses actions are ethical or not.
The resource is specifically tailored to BTEC Level 3 Business: Unit 20 Investigating Corporate Social Responsibility. However the questions could be amended to fit whatever you want from the case study.
This activity resource is based on CNBCâs 7 minute YouTube video case study on Starbucks and how it became an $80 billion dollar business. It examines the businesses past, present and future prospects.
The resource has 8 questions for students to answer and should generate critical thinking about the businesses history overtime. Helping students to understand how both internal and external factors can impact a businesses success.
Pricing strategies form an important part of a brands marketing mix and the pricing strategy a business takes can directly impact business success. The core aim of any pricing strategy is to ultimately increase revenue, profits and the awareness of the product or brand.
In this activity, students will watch a short video which covers common pricing strategies. Whilst watching the video students can use the activity to answer questions that are directly related to the content covered in the video. The activity sheet allows students to then apply their knowledge of pricing strategies to a variety of business scenarios and justify why they have chosen that particular pricing strategy.
As the video covers 7 common pricing strategies, we have added in a task where you clarify the specific strategies students must know for their current course. This allows you to broaden their knowledge of pricing strategies and then tailor the activity to your specification. Alternatively, the activity resource is fully editable so feel free to amend it to meet your needs.
Compound interest is such a pivotal factor in the value of your money over time. That important, we made a classroom poster to explain its effect.
Compound interest is one of the most important concepts to understand in order to manage your personal finances & increase your wealth over time.
It helps you to earn a higher return on your savings & investments. However, it can also increase the amount you pay back when youâre paying interest on a loan.
Imagine rolling a snowball, the more you roll it, the bigger it gets, effectively building upon itself. Just like a snowball, compound interest is interest earned on money that was previously earned as interest.
The poster defines the concept of compound interest and provides an example of its impact over time.
This knowledge organiser and exam prep kit is aimed at students studying the Principles of Management unit on the BTEC L3 Business specification. It provides you with the following:
Introduction to the unit
Specification checklist with space to explain key terminology
Key notes from lead examiner reports, hints and tips
Breakdown of task weighting
Grade boundaries