This set of resources includes 2x PPT, 9x word files and can be delivered over 4-6 lessons. The best way to bring this topic to life is to play a hotel game where students are hotel owners and try to make the most profit by changing their prices over a period of months - students can see their live profit after each month.
We start by introducing the concepts of revenue, cost and profit through step by step animated examples before playing the hotel game. A few calculation activities to consolidate the formulas learnt by students with answers provided on the board for students to peer assess with.
Exam style calculation question with answers provided. A group presentation task with links to two kahoots and a box plenary to finish with for revenue, costs and profit.
In the next ppt, we start by looking at what contribution is before understanding break even and margin of safety. Lots of calculation practice to consolidate the formula, we then look at the pros and cons of using break even analysis, this is used for the exam style question which is based on a concise case study of a cake manufacturer. Structure guidance and model answer is provided for students to peer assess and improve their own answers.
Students have an opportunity to draw the BE chart with step by step instructions (not required to draw the BE chart in exam but it will help with understanding the chart). Two links to kahoot quizzes and a box plenary to finish with.
Colourful, concise and engaging slides!
Thank you
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OCR CTEC Business Unit 1 The business environment - LO4 Financial information
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OCR CTEC Business Unit 1 The Business Environment (Complete bundle)
**This bundle for CTEC Cambridge Technical Business Unit 1 is the ultimate pack for teachers delivering this course. ** New for 2021 with purposeful, engaging and colourful slides. The highest quality, unrivalled lesson experiences from start to finish. Filled with a variety of activities, concise case studies, lots of calculation practice, particularly for the learning aim 4, all with answers to develop your students' exam performance. Questions with structured guidance and modelled answers for self/peer assessments - to save your time and to build their skills at the same time rather than just going through theory slide after slide. Please have a look at individual learning aims to see previews. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you
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