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 1.5.6. Moving from Entrepreneur to Leader. This lesson considers some of the challenges that face an entrepreneur in their move from establishing an enterprise to becoming a leader of a larger business. Some of the considerations include the need to listen to others, being less reactive, making use of delegation, the importance of trust and finally the impact of emotional intelligence. 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 1.5.4. Forms of Business. This PowerPoint presentation considers some of the main benefits and drawbacks of business forms including; sole traders; partnerships; private limited companies (LTD); lifestyle businesses; social enterprises, franchising and online businesses. It concludes with an assessment of the process involved in stock market floatation and the benefits and drawbacks of becoming a public limited company (PLC). 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 1.5.3. Business Objectives. Starting with an assessment of what business objectives actually are, it then looks at the importance of survival as an objectives of most businesses. After this, it then considers the issues of profit maximisation, and other objectives including cost efficiency, sales maximisation, customer satisfaction, social objectives, employee welfare and market share. 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 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 1.5.1. Role of an Entrepreneur. It commences by looking at the process involved in creating and setting up a business, before proceeding on to look at the running and expansion of a business, innovation (intrapreneurship), barriers to entrepreneurship and concludes with an assessment of risk and uncertainty. 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 1.4.5. Leadership. It commences with an examination of the differences between management and leadership. It then considers the different types of leadership style including autocratic, paternalistic, democratic and laissez-faire and their appropriateness to a business. 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 1.4.4. Motivation in Theory and Practice. In lesson one it considers the purpose and impact of motivation and then looks at the specific theories associated with FW Taylor (Scientific Management), Elton Mayo (Human Relations Theory), Abraham Maslow (Hierarchy of Needs) and Frederick Herzberg (Two Factor Theory). In the second lesson, it looks specifically at the financial and non-financial ways of improving employee performance. It considers piece-rate, commission, bonuses, profit sharing and performance related pay before then looking at delegation, consultation, empowerment, team working, flexible working, job enrichment, job rotation and job enlargement considering how they can motivate and relate back to the theorists. 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 1.4.3. Organisational Design. It considers basic fundamental structures of a business including hierarchy, chain of command, span of control, centralised and decentralised control. It also looks at different types of structures such as tall, flat and matrix, before concluding with an assessment of the impact of different structures upon a business in terms of efficiency and motivation. 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 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 1.4.1. Approaches to Staffing. It considers staff as both an asset and a cost of a business, flexible working (multi-skilling, part-time and temporary workers, flexible hours, working from home and outsourcing), the distinction between dismissal and redundancy and the importance of employer-employee relations. 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 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 1.3.3. Pricing Strategies. It considers the different types of pricing strategy (cost plus, competitive, penetration, price skimming, psychological and predatory), the factors that determine pricing strategies (PED, differentiation, competition, branding, costs and the product life cycle) and finishes with a look at how pricing changes to reflect social trends. 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 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 1.3.2. Branding and Promotion. It considers types of promotion, types of branding, the benefits of strong branding, ways to build a brand and changes in branding and promotion to reflect social trends. 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 1.2.4. Price Elasticity of Demand. It considers the issues of how to calculate price elasticity of demand, the interpretation of price elasticity values, the main factors influencing price elasticity of demand, its significance in pricing decisions and the calculation of price elasticity and total revenue. 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 1.3.1. Product / Service Design. It considers the issues of the design mix with the subtopics of function, aesthetics and cost, and it also looks at changes in the elements of the design mix to reflect social trends including resource depletion, designing for waste minimisation, re-use and recycling and finally ethical sourcing. 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 1.2.5. Income Elasticity of Demand. It considers the issues of how to calculate income elasticity of demand, the interpretation of income elasticity values, the main factors influencing income elasticity of demand, and its significance to a business. 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 1.2.3. Markets. It considers the issues of how supply and demand curves interact and the importance of the equilibrium price, and the drawing and interpretation of supply and demand diagrams to show the causes and consequences of price changes. 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 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 1.2.1. Demand. It considers the issues of substitutes and complementary goods and how they influence demand, changes in consumer incomes, fashions and tastes, advertising and branding, demographics, external shock and seasonality. 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.