This is the fifth learning outcome of Unit 7: Business Decision Making for the BTEC Level 3 Business qualification. This Outcome E resource pack covers the human, physical and financial resources a business must consider when making decisions. The Outcome E resources pack includes: PowerPoint presentation with 76 slides and 15 activities.​ Student activity workbook containing 15 activities (directly matching the ones in the PowerPoint). Teacher suggested answer booklet. Kahoot quiz summarising Outcome E. Outcome E student checklist. The PowerPoint presentation is fully animated and ready for you to deliver. The supporting activity workbook is available to be used electronically or printed for students. Importantly, both resources are editable should you wish to make any changes to suit the needs of your group. They contain a mixture of information, examples, and activities for each topic in the specification.

Investigate four of the most effective ways a business can build a brand, with supporting examples of these being used in real life by businesses inc. Apple, Nike, McDonald’s, and Boohoo with this video and activity worksheet combination. The 8 minute video explores four of the most effective ways a business can build a brand, which are: USP Advertising Sponsorship The use of social media The supporting activity worksheet contains 5 separate tasks for students to apply their knowledge of the various ways a business can build a brand. The resource includes suggested answers.

Investigate your consumer rights with this activity worksheet and video. This video explores the key parts of the Consumer Rights Act (2015) in 5 minutes and includes information on: Product quality Returns Replacements & repairs Delivery The supporting activity worksheet contains a scenario task where your knowledge of consumer rights is tested through various scenarios. The activity sheet also has a range of multiple choice questions to test your knowledge of the key parts of the Consumer Rights Act (2015). The resource also includes a suggested answer document.

Investigate Market Mapping with this video and activity worksheet combination. The 6 minute video explores the concept of market mapping and how the process can help a business to analyse the competition, and identify gaps in the market, with supporting examples from the car industry. The supporting activity worksheet contains 6 separate tasks for students to apply their knowledge of Market Mapping. The resource includes suggested answers.

Investigate e-commerce & m-commerce with this video and activity worksheet combo. This video explores what e-commerce and what m-commerce are and the advantages and disadvantages of each. The worksheet has a number of activities that gets students to apply their knowledge of e-commerce and m-commerce but it also gets them thinking about what the future of e-commerce may look like. The resource has a suggested answer sheet that provides teachers with sample answers for each of the questions.

Investigate how supermarkets get their customers to spend more money through a variety of sneaky tactics which influence the buying behaviour of their customers and temps them to make impulse purchases during their visit to the supermarket. The video is 6 minutes in length and is supported by an activity worksheet which contains 4 separate tasks for students to apply their knowledge of the topic. The resource also includes a suggested answers document.

Investigate the benefits of strong branding with this video and activity worksheet combination. This video explores 3 key benefits of strong branding, which are; Added value The ability to charge premium prices Reducing the price elasticity of demand Each of these are explained and examples are given from Nike, Kellogg’s and Bentley. The supporting activity worksheet contains a keyword word search, a number of questions on the video and a branding activity. The download also comes with a suggested answer sheet.

Find out how this small startup by two college classmates in Birmingham has gone onto to be valued at over £1billion in this truly inspirational entrepreneurial story. It’s perfect for young business students, the 9 minute video covers some of the key events which have happened along the way and is well suited for classroom discussions around entrepreneurship, marketing, branding, and more. The supporting activity worksheet contains 5 separate tasks for students to get them thinking and keep them engaged in the subject after watching the video. The resource also includes suggested answers.

Explore the design mix with this video and activity worksheet combination. The video explores the three factors that form the design mix: Aesthetics Function Cost Each factor of the design mix is explained and linked to Apple’s iPhone 13 pro. The supporting activity worksheet contains tasks that help students apply their knowledge gained from the video. There is also a teacher suggested answer sheet.

Investigate how businesses add value with this video and activity worksheet resource. This video explores the 5 methods used by businesses to add value: Convenience Branding Quality Design USP Each method of adding value is accompanied by a business example to bring it to life. The supporting activity worksheet contains a multiple choice quiz, an added value activity, several questions and a suggested answer sheet.

Investigate the world of business plans with this video and activity worksheet combination. The video explains: What a business plan is and the key information any entrepreneur needs to know to be able to write a good business plan. The key components that you will find in any good business plan, including the business idea, financial forecasts, and marketing. An explanation of the key purpose and limitations of using a business plan that entrepreneurs need to be aware of. The supporting activity worksheet contains 10 separate tasks for students to apply their knowledge of business plans after watching the video and includes suggested answers.

Did you know that the stock market has produced an average return of 10% over the last 100 years. Yet when it comes to investing, millennials are falling behind. A 2018 survey of 1,519 aged between 21 to 37 by TD Ameritrade finds that only 50 percent of millennials currently invest in the stock market, which is mainly due to feeling intimidated by the market and having a lack of understanding. However, both Tony Robbins and Warren Buffett argue that getting started in the market doesn’t have to be daunting. Suggesting, there are ways to begin investing for the future without taking on too much risk: recommending starting with index funds, especially for anyone young or new to the market. The image below could be used as either a thought provoking classroom poster or as a discussion point in class to get students discussing the stock market and what options they have with their money.

Making customers feel like something is too good to miss is one of the most common sales techniques used in business to get us to make an impulse purchase, spending money that we may not have spent otherwise. A very effective method of influencing buying behaviour. This could be used as an image to spark discussion or as a classroom poster.

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 you’re 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 infographic provides an overview of the Boston Matrix and applies it directly to Apple. The infographic could be useful as a discussion point, classroom display or a complimentary resource for the Boston Matrix video. The Boston Matrix is a model which helps businesses analyse their product portfolio and can be used as a marketing tool or for general business strategy. It places each product within the product portfolio into 4 separate categories based upon; their market share and market growth. These four categories are; Star, Cash Cow, Question Mark & Dog.

Waking up early is said to be one of the key common traits amongst most successful business people. This image covers a three key benefits of waking up early and how it can alter a persons mindset and what they achieve during their day. Could be used in class to generate discussion or debate about the habit of waking up early.

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 - “What’s on your mind?” It’s the friendly Facebook question which lets you share how you’re feeling. It’s also the question that unlocks the details of your life and helps turn your thoughts into profits.

Investigate the common methods of financial motivation with this video and activity worksheet combination. The video explores the common methods of financial motivation that businesses use alongside the potential benefits and drawbacks of each. The methods discussed are: Remuneration Performance Related Pay Promotion Fringe Benefits The supporting activity worksheet contains 5 separate tasks for students to apply their knowledge of financial motivators after watching the video. Starting off with a table requiring students to explain each method with examples alongside its associated benefits and drawbacks whilst watching the video. The worksheet then has a series of tasks including one where students are required to act as consultant to a business owner about issues she is having with employee motivation. Within this task students need to assess the scenario and provide justified recommendations related to the methods of financial motivation that the business owner could use. The activity then finishes off with a 10 minute crossword challenge, where students have to work against the clock to try and find all 10 pieces of terminology in under 10 minutes.

Investigate the role of business enterprise with this video and activity worksheet combination. This video covers the role business plays and what business exist to do. Basically, what is the point of a business? The video concentrates on the 3 most fundamental purposes of a business, which are; to produce goods or provide a service, to meet the needs of the customer and finally to add value. The activity worksheet covers: A starter activity identifying the difference between a good and a service The 3 roles of a business What the role of an entrepreneur is How businesses add value through branding and convenience. A research task into successful entrepreneurs The supporting activity worksheet contains a number of questions for students to apply their knowledge from the video and also includes suggested answers.

Investigate The Dynamic Nature of Business with this video and activity worksheet combination. This video investigates the factors which influence the dynamic nature of business, the reasons why new business ideas are necessary and how new business ideas are generated such as: Changes in technology Changes in what consumers want Products and services becoming obsolete The supporting activity worksheet contains 10 separate tasks for students to apply their knowledge of the dynamic nature of business. The teacher resource pack also includes an extension task and suggestive answers.