<p>BTEC Level 3 National, To be able to identify different ways to pay and explain the advantages and disadvantages. Home work, lesson plan and power point presentation.</p>
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<p>Introduce business and management unit 1.3, 1.4 and 1.5 as a study of the ways in which individuals and groups interact in an<br />
organisation and of how resources are transformed by businesses.</p>
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<p>Explain that business and management is a rigorous and rewarding subject that examines dynamic decision-making processes and assesses how these decisions impact on and are affected by internal and external environments.</p>
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<p>This is my lesson on marketing research power point for my IB iGCSE Students with 55mins lesson plan.<br />
Define key words, key word written on the board. Use students own words to facilitate learning, prompt as needed on the method of market research.</p>
<p><strong>Lesson objectives:</strong><br />
• All students will be able to identify market research methods<br />
• Most students will be able to discuss the use market research methods<br />
• Some will be able to evaluate and justify these methods</p>
<p>Market research, niche, customer and competition for my A level whole class sessions<br />
How business can respond to market changes and competition</p>
<ul>
<li>Know your customers</li>
<li>Differentiate</li>
<li>Look for new markets</li>
<li>Keep up to date</li>
<li>Manage costs</li>
<li>Develop new products</li>
<li>Maintain customers loyalty</li>
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