Sarah Hilton has been a business examiner for over 20 years and a business teacher for longer. She is now a teacher trainer, business teacher and qualification developer. She runs the website revisionstation which provides smashing business teaching resources at budget prices.
Sarah Hilton has been a business examiner for over 20 years and a business teacher for longer. She is now a teacher trainer, business teacher and qualification developer. She runs the website revisionstation which provides smashing business teaching resources at budget prices.
EDEXCEL GCSE BUSINESS 1.5.4 THE ECONOMY AND BUSINESS (COMPLETE LESSON) 154
This lesson includes a PowerPoint and a worksheet and covers:
The impact of the economic climate on businesses:
unemployment
changing levels of consumer income
inflation
changes in interest rates
government taxation
changes in exchange rates
Written by Sarah Hilton for Revisionstation
EDEXCEL GCSE BUSINESS 1.3.4 SOURCES OF BUSINESS FINANCE (COMPLETE LESSON) 134
This lesson includes a PowerPoint and a worksheet and covers:
Sources of finance for a start-up or established small business:
•Short-term sources: overdraft and trade credit
•Long-term sources: personal savings, venture capital, share capital, loans, retained profit and crowd funding
Written by Sarah Hilton for Revisionstation
This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint
These are the topics covered in this lesson:
a) Objectives of growth:
• economies of scale (internal and external)
• increased market power over customers and suppliers
• increased market share and brand recognition
• increased profitability
b) The distinction between inorganic and organic growth
Pearson Edexcel International GCSE in Business
1.8.1 Measuring success in business:
• revenue
• market share
• customer satisfaction
• profit
• growth
• owner/shareholder satisfaction
• employee satisfaction.
Complete lesson with a PPT and worksheet
By Sarah Hilton at Revisionstation
1.8.2 Reasons for business failure:
• cash flow problems/lack of finance
• not competitive
• failure to adapt to changes in the market.
This is a complete lesson with a PowerPoint and a worksheet, written by Sarah Hilton for Revisionstation
2.3.1
Profit
a) Calculation of:
o gross profit
o operating profit
o profit for the year (net profit)
b) Statement of comprehensive income (profit and loss
account):
o measuring profitability:
calculation of gross profit margin, operating profit
margin, and profit for the year (net profit) margin
o ways to improve profitability
c) Distinction between profit and cash
2.3.2
Liquidity
a) Statement of financial position (balance sheet):
o measuring liquidity:
calculating current ratio and acid test ratio
o ways to improve liquidity
b) Working capital and its management: the importance of
cash
2.3.3
Business failure
a) Internal and external causes of business failure:
o financial factors
o non-financial factors
1.5.1
Role of an
entrepreneur
a) Creating and setting up a business
b) Running and expanding/developing a business
c) Innovation within a business (intrapreneurship)
d) Barriers to entrepreneurship
e) Anticipating risk and uncertainty in the business
environment
1.5.2
Entrepreneurial
motives and
characteristics
a) Characteristics and skills required
b) Reasons why people set up businesses:
o financial motives: profit maximisation and profit
satisficing
o non-financial motives: ethical stance, social
entrepreneurship, independence and home working
1.5.3
Business objectives
a) Survival
b) Profit maximisation
c) Other objectives:
o sales maximisation
o market share
o cost efficiency
o employee welfare
o customer satisfaction
o social objectives
1.5.4
Forms of business
a) Sole trader, partnership and private limited company
b) Franchising, social enterprise, lifestyle businesses, online
businesses
c) Growth to PLC and stock market flotation
1.5.5
Business choices
a) Opportunity cost
b) Choices and potential trade-offs
1.5.6
Moving from
entrepreneur to
leader
a) The difficulties in developing from an entrepreneur to a leader
Pearson Edexcel International GCSE in Business (iGCSE)
1.5.4 The impact of exchange rate changes:
• on international competitiveness
• on importers and exporters.
This is a complete lesson with a PPT and a worksheet written by Sarah Hilton for Revisionstation
Pearson Edexcel International GCSE in Business (iGCSE)
1.6.2 How governments can affect business activity:
• infrastructure provision
• legislation
• trade policy - membership of trading blocs, tariffs.
This is a complete lesson with a PPT and a worksheet
Written by Sarah Hilton for Revisionstation
Pearson Edexcel International GCSE in Business (iGCSE)
1.5.3 Exchange rate calculation.
This is a complete lesson with a PPT and a worksheet
Written by Sarah Hilton at Revisionstation
Pearson Edexcel International GCSE in Business 1.5.1 Globalisation
1.5.1 Globalisation:
• concept of globalisation
• opportunities and threats of globalisation
for businesses.
This is a complete lesson with a teacher PowerPoint and a student worksheet.
Written by Sarah Hilton at Revisionstation
This lesson is suitable for students that need extra support with the tricky topic of critical path analysis (CPA)
It is written for students studying Edexcel A level Business but would also suit students on the Pearson International Edexcel A level business course.
This includes a worksheet and a separate answer booklet in Word and PDF format
Written by Sarah Hilton at Revisionstation
This lesson is suitable for students that need extra support with the tricky topic of Income Elasticity of Demand (YED)
It is written for students studying Edexcel A level Business but would also suit students on the Pearson International Edexcel A level business course.
This includes a worksheet and a separate answer booklet in Word and PDF format
Written by Sarah Hilton at Revisionstation
This lesson covers:
The purpose of the finance function
Provide financial information, support business planning and decision making
The influence of the finance function on business activity
This lesson was written by Sarah Hilton for Revisionstation
Pearson Edexcel A Level International Business (133) 3 Promotion and branding
This lesson covers:
a) Types of promotion.
b) Types of branding.
c) The benefits of strong branding:
• added value
• ability to charge premium prices
• reduced price elasticity of demand.
d) Ways to build a brand:
• unique selling points, USPs)/differentiation
• advertising
• sponsorship
• the use of social media.
e) Changes in branding and promotion to reflect social trends:
• viral marketing
• social media
• emotional branding.
This lesson was written by Sarah Hilton for Revisionstation
NEW Pearson Edexcel International A Level Business (132) 4 PED Price Elasticity of Demand
Complete teaching resources for a whole lesson including a PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
a) Calculation of price elasticity of demand.
b) Interpretation of numerical values of price elasticity of demand.
c) The factors influencing price elasticity of demand.
d) The significance of price elasticity of demand to businesses in terms of implications for pricing.
e) Calculation and interpretation of the relationship between price elasticity of demand and total revenue.
AS(7131) A-level (7132) Specifications For teaching from September 2023 onwards For as exams in May/June 2024 onwards For a-level exams in May/June 2025 onwards Version 2.0
This lesson covers:
Models of organisational structure
Functional
Product based
Regional
Matrix
Influences on organisational design
authority
span
hierarchy
delegation
centralisation and decentralisation
The value of changing organisational design
How managing the human resource flow helps meet human resource objectives:
human resource plan
recruitment
training
redeployment
redundancy
This lesson is written by Sarah Hilton for Revisionstation
AS(7131) A-level (7132) Specifications For teaching from September 2023 onwards For as exams in May/June 2024 onwards For a-level exams in May/June 2025 onwards Version 2.0
This lesson covers:
The benefits of motivated and engaged employees
Theories of motivation should include Taylor, Maslow and Herzberg.
How to improve employee engagement and motivation
Financial methods of motivation should include:
piece rate
commission
salary schemes
performance-related pay
Non-financial methods of motivating employees
Empowerment
Team working
Flexible working
Job enrichment
Job rotation
Influences on the choice and assessment of the effectiveness of financial and non-financial methods of motivating employees
This lesson is written by Sarah Hilton for Revisionstation
AS(7131) A-level (7132) Specifications For teaching from September 2023 onwards For as exams in May/June 2024 onwards For a-level exams in May/June 2025 onwards Version 2.0
This lesson covers:
How to analyse data other than financial statements to assess the strengths and weaknesses of a business
Data other than financial statements should include operations, human resource and marketing data.
Data may be analysed over time or in comparison with other businesses
The importance of core competences
Assessing short and long-term performance
The value of different measures of assessing business performance
Methods of assessing overall business performance to include:
Elkington’s Triple Bottom Line (Profit, People, Planet).
This lesson was written by Sarah Hilton for Revisionstation