Explore how businesses manage their stock using bar gate stock graphs, Just-in-Time (JIT) stock control, procurement and logistics. This explainer video covers: What is stock? How to use a bar gate stock graph How supermarkets manage stock How to use Just-in-Time (JIT) What is procurement? What is the role of logistics? The accompanying worksheet has a number of questions designed to check a student’s understanding of the key terms used in relation to how businesses manage stock. The resource also includes answers and is ideal to be used as a homework task.

Explore how businesses manage quality through quality assurance and quality control. The video and worksheet also covers how businesses use quality management to gain a competitive advantage. This explainer video covers: What is quality? How to measure the quality of goods & services Why does quality matter? What is quality control? What is quality assurance? How managing quality is a competitive advantage The accompanying worksheet has a number of questions designed to check a student’s understanding of the key terms used throughout the video. The resource also includes answers and is ideal to be used as a homework task.

Investigate the payback period and how it is calculated in business with this video and activity worksheet combination. The 9 minute explainer video covers: What is the payback period? Why businesses calculate payback? How to calculate the payback period Payback period example Payback period question Advantages vs disadvantages of using the payback period in business The supporting activity worksheet contains 4 separate tasks for students to apply their knowledge of the payback period whilst watching the video and also includes suggested answers.

Investigate the Just-in-Time method of production with this video and activity worksheet combination. The 9 minute explainer video covers: What is Just-in-Time Production? Why Businesses Use Just-in-Time Production Implementing Just-in-Time Production Criticisms of Just-in-Time Production How Toyota, Dell, and Walmart use Just-in-Time Production The supporting activity worksheet contains 3 separate tasks for students to apply their knowledge of JIT whilst watching the video and also includes suggested answers.

Explore the different types of income a business can have. This explainer video covers: What is income? What is capital income? The different types of capital income How does Apple use capital income? What is revenue income? The different types of revenue income How does McDonalds use revenue income? The accompanying worksheet has a number of questions designed to check a student’s understanding of the key terms used in relation to the different types of income. The resource also includes answers and is ideal to be used as a homework task.

Investigate the average rate of return (ARR) and how it is calculated in business with this video and activity worksheet combination. The video covers: What is the average rate of return? How to calculate the average rate of return ARR calculation example ARR calculation question Advantages vs disadvantages of using the ARR in business The supporting activity worksheet contains 4 separate tasks for students to apply their knowledge of the ARR whilst watching the video and also includes suggested answers.

Investigate the net present value (NPV) and how it is calculated in business with this video and activity worksheet combination. The video covers: What is the net present value? Using discount factors to calculate present values. NPV calculation example. NPV calculation question. Advantages vs disadvantages of using the NPV in business. The supporting activity worksheet contains 4 separate tasks for students to apply their knowledge of the NPV whilst watching the video and also includes suggested answers.

Explore what cost plus pricing is with this video and free worksheet covering the basics of a cost plus pricing. The 3 minute explainer video explains that cost plus pricing is a pricing strategy used by businesses to determine the selling price of a product or service. It is when a business either purchases or manufactures a product for a certain cost and then adds on the profit margin it wants to make. The cost of the product plus the profit margin equals the selling price. The accompanying worksheet has a number of questions that are designed to check a student’s understanding of cost plus pricing. The resource also includes suggested answers and is ideal to be used in class to introduce the subject or as a homework task.

Explore what an overdraft is with this video and free worksheet covering the basics of an overdraft. This 3 minute explainer video covers the basics of what an overdraft is and some key terminology used when discussing overdrafts. The accompanying worksheet has a cross word that is designed to check a student’s understanding of the key terms used about overdrafts. The resource also includes answers and is ideal to be used as a homework task.

A fun and thought provoking induction activity resource for Business Studies students which is based on logos, slogans and interesting facts about famous businesses around the world. The resource is free to download, contains four separate activities and comes complete with answers. The first two activities are focused on famous logos, starting with a recognition game which then progresses onto students critiquing the logos and re-designing a logo for a business of their choice. Following this, students are provided with a series of business slogans and are challenged to link these to their respective business. The final activity provides students with 10 interesting business facts and requires them to match them to the business they are based upon. We wish you all the best during induction and for the upcoming academic year.

Investigate the importance of sales forecasting and the key factors which impact them in business with this free video and activity worksheet combination. The explainer video explores what sales forecasting is and how consumer trends, economic variables, and the actions of competitors can impact how accurate the process is. The supporting activity worksheet contains a scenario and 4 separate tasks for students to apply their knowledge of sales forecasting in business.

In this resource, students will be watch a 2 minute explainer video before completing a case study activity all about the importance of budgeting in business.

Explore what a mortgage is with this video and free worksheet covering the basics of a mortgage. This 3 minute explainer video covers the basics of what a mortgage is and some key terminology used when discussing mortgages. The accompanying worksheet has a number of questions that are designed to check a student’s understanding of the key terms used about mortgages. The resource also includes suggested answers and is ideal to be used in class to introduce the subject or as a homework task.

Explore what geographic segmentation is and how McDonald’s have used this market segmentation strategy to grow their global fast food business. The 3 minute explainer video covers the basics of geographic segmentation and then provides real world examples of how it can be used by businesses. The supporting activity worksheet contains a creative task where students need to create a new menu item for McDonald’s and then promote it via a social media post. This resource does not include an answer sheet as it is a creative task and has many possible outcomes.

Investigate the importance of having a budget in business and the 3 key types of budget which are used to increase the chances of financial success with this free video and activity worksheet combination.

Explore what market share is and how market share is calculated. This 3 minute explainer video covers the basics of what market share is and the calculation used by companies to workout their market share. The supporting activity worksheet contains a number of market share calculation that will help students practice how to calculate a company’s market share. The resource also includes suggested answers and is ideal to be used in class to introduce the subject or as a homework task.

Explore what premium skimming is and how Rolex have used the premium pricing strategy to help create a luxury brand. The 3 minute explainer video covers how luxury brands like Rolex use premium pricing to help create a high end brand. The video explains what premium pricing is and has real world examples throughout. The supporting activity worksheet contains a number of questions that allows students to apply their understanding of premium pricing from the video. The resource also includes suggested answers and is ideal to be used in class to introduce the subject or as a homework task.

Explore what behavioural segmentation is and how Nike uses behavioural segmentation to target customers with different buying habits and behaviours. The 3 minute explainer video explains what behavioural segmentation is and provides a business example form Nike about how Nike uses information about their customers behaviour to target them with personalised emails marketing. The supporting activity worksheet contains a crossword that covers key parts of behavioural segmentation. The resource also includes suggested answers and is ideal to be used in class to introduce the topic or as a homework task.

Investigate the importance of having a USP in business with this free video and activity worksheet combination. The explainer video explores how Apple developed a unique selling point (USP) that helped it to become one of the biggest brands in the world! The supporting activity worksheet contains a scenario and 5 separate tasks for students to apply their knowledge of unique selling points in business.

Discover the contrasting approaches of cosmetics company Lush and multinational food and beverage company Nestle. The 3 minute explainer video covers how Lush prioritises ethics and fairness, while Nestle prioritises profit at the expense of their suppliers, customers, and employees. Learn about the impact of these approaches on their profits and which side aligns with your moral values. The supporting activity worksheet contains a case study on a fictional company that has changed its approach to business. There are questions at the end of the case study to assess their understanding of the text. The resource also includes suggested answers and is ideal to be used in class to introduce the subject or as a homework task.