The latest in the new AQA Business revision series. This sheet focuses upon the measurement of human resource performance and in particular it examines: labour productivity; labour retention; labour turnover; unit labour costs; absenteeism (non-AQA); employee costs as a percentage of turnover and the development and use of human resource development plans.
These are my revision notes for Unit 2 of the AQA legacy paper. Updated versions are available to purchase as well for the new specification but these notes provide a good basic outline of many topic areas.
The latest in the new series of PowerPoint resources aimed at assisting teachers with the delivery of the WJEC/Eduqas A-level Business specification but this material is suitable for all boards. These slides and hand out are designed to support the delivery of the Component Two topic of decision tree analysis. They explain the types of decisions a business makes including strategic, tactical and operational and the importance of decision-making to a business. They examine how decision-making tools can be scientific or intuitive and explain the nature and purpose of decision tree analysis commenting on the benefits and limitations of the technique. They show how decision trees are constructed and how to interpret and evaluate the results. The slides contain the Quick Fire Five questions, an exam style calculation question with solution and also a practice essay (with suggested solutions). In addition to the main PowerPoint a PDF copy of the notes has been provided to assist with pupil hand outs.
The latest in the new series of PowerPoint resources aimed at assisting teachers with the delivery of the WJEC/Eduqas A-level Business specification but is suitable for all boards. These slides and hand out are designed to support the delivery of the Component Two topic of aims and objectives. They explain the role of vision statements and their relationship to a business’s aims. They also explain how objectives are used by a business in order to achieve their aims and make use of SMART objectives and mission statements in doing so. They conclude by evaluating the value of value statements, objectives and mission statements and their impact on a business and its stakeholders. The slides contain the Quick Fire Five questions and also a practice essay (all with suggested solutions). In addition to the main PowerPoint a PDF copy of the notes has been provided to assist with pupil hand outs.
The latest in the new series of PowerPoint resources aimed at assisting teachers with the delivery of the WJEC/Eduqas A-level Business specification but is suitable for all boards. These slides and hand out are designed to support the delivery of the Component One topic of the marketing mix and price. These notes analyse all aspects of the Price including an assessment of the influence of supply and demand upon pricing strategies, price makers, price takers and a critique of the pricing strategies themselves including: price penetration; price skimming; psychological pricing; cost-plus pricing; contribution pricing; destroyer (predatory) pricing; loss leaders and competitive pricing. The slides contain the Quick Fire Five questions and also a practice essay (all with suggested solutions). In addition to the main PowerPoint a PDF copy of the notes has been provided to assist with pupil hand outs.
A colourful, detailed and accessible resource that is tailored to meeting the academic demands of most A Level specifications. These notes analyse all aspects of data and market analysis. They analyse pie charts, histograms and index numbers in relation to some of the main techniques of displaying data used by firms. They also consider the benefits and drawbacks of qualitative and quantitative data before focusing upon analysis of both price and income elasticity. They evaluate the strengths and weaknesses of each approach and provide worked calculations to assist with understanding of these core concepts. The slides contain the Quick Fire Five questions, practice calculation questions and also a practice essay (all with suggested solutions). In addition to the main PowerPoint a PDF copy of the notes has been provided to assist with pupil hand outs.
The latest in the new series of PowerPoint resources aimed at assisting teachers with the delivery of the WJEC/Eduqas A-level Business specification (but are suitable for all boards). These slides and hand out are designed to support the delivery of the Component Three topic of legislation and business. They explore the meaning of business law, why it matters and its impact upon business activity. Specifically, the slides examine consumer law, competition law, employment law, company law, data protection laws including the new GDPR requirements, intellectual property laws and the National Minimum Wage. The slides contain the Quick Fire Five questions and also a practice essay (both with solutions). The pack also contains a FREE set of student revision notes.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 4.1.4 Protectionism. It considers the issues of tariffs; quotas; domestic subsidies and domestic legislation and regulations. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 1.2.2. Supply. It considers the issues of changes in the costs of production, government subsidies, the introduction of new technology, indirect taxation and external shocks. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 1.3.5. Marketing Strategy. It considers the different aspects of the product life cycle, the use of extension strategies, product portfolio analysis and the Boston Matrix, different marketing strategies for mass, niche, B2B and B2C markets, and finishes with an assessment of consumer behaviour and the importance of consumer loyalty to a business. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 1.4.2. Recruitment, Selection and Training. It considers the different elements of the recruitment process (internal and external recruitment), looks at the selection methods that firms might use including assessment centres, interviews and in-tray exercises, examines the main costs associated with recruitment and training, and finishes with an examination of the different types of training (induction, on-the-job and off-the-job). The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 1.5.2. Entrepreneurial Motives and Characteristics. It starts by looking at the main characteristics and skills required by entrepreneurs including team working, IT skills, creativity and resilience. It then considers the financial reasons for entrepreneurs setting up in business with a focus upon the concepts of profit maximisation and profit satisficing. It concludes with a look at the non-financial reasons for entrepreneurs setting up a business including home working, independence, social enterprises and ethic stances. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 1.3.4. Distribution. It considers the main methods of distribution channels used by businesses including the four, three and two-stage distribution models, it also looks at changes in distribution channels to reflect social trends such as online distribution and changes from product to service. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 3.6.1. Causes and Effects of Change. This PowerPoint presentation looks at some of the main causes of change within a business. These include changes in organisational size, poor business performance, new ownership, transformational leadership and the market (PESTLE). The impacts of these change are then considered with a focus upon competitiveness, productivity, financial performance and stakeholders. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 2.1.2. External Finance. This PowerPoint presentation looks at the concept of external sources of finance and considers both sources of finance and the methods of finance applicable to a business. Sources of finance include family and friends, banks, peer-to-peer funding, business angels, crowdfunding and other businesses. Methods of finance include loans, share capital, venture capital, overdrafts, grants, leasing, and trade credit. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 2.2.2. Sales, Revenue and Costs. This PowerPoint presentation looks at the importance and calculation of sales volume, sales revenue, fixed costs, variable costs, average costs and finally profit. It includes several worked examples and practice questions with answers. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 2.2.3. Break-Even. This PowerPoint presentation looks at the calculations and analysis associated with the technique of break-even. It considers the use of contribution, margin of safety and break-even charts, concluding with an assessment of the limitations of the technique. It includes several worked examples and practice questions with answers. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 2.4.3. Stock Control. This PowerPoint presentation looks at the concept of stock control and stock control charts. It examines the importance of stock management and looks at how to analyse a stock control chart. It then considers ways of improving stock management including the use of lean production methods (e.g. Just-in-Time) and waste minimisation. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 2.5.3. The Competitive Environment. This PowerPoint presentation looks at the concept of the competitive environment which a business operates within and the impact also of market size. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.