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.
a) Exports and imports
b) The link between business specialisation and competitive
advantage
c) Foreign direct investment (FDI) and link to business
growth
This lesson includes a PowerPoint and a student worksheet
Written by Sarah Hilton for Revisionstation
This lesson includes a Powerpoint and a worksheet which covers:
a) Small business survival in competitive markets:
o product differentiation and USPs
o flexibility in responding to customer needs
o customer service
o e-commerce
Written by Sarah Hilton from Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
a) Distinction between inorganic and organic growth
b) Methods of growing organically
c) Advantages and disadvantages of organic growth
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet which covers:
a) Reasons for mergers and takeovers
b) Distinction between mergers and takeovers
c) Horizontal and vertical integration
d) Financial risks and rewards
e) Problems of rapid growth
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
a) Objectives of growth:
o to achieve economies of scale (internal and external)
o increased market power over customers and
suppliers
o increased market share and brand recognition
o increased profitability
b) Problems arising from growth:
o diseconomies of scale
o internal communication
o overtrading
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
a) PESTLE (political, economic, social, technological, legal
and environmental)
b) The changing competitive environment
c) Porter’s Five Forces
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet
a) SWOT analysis
o internal considerations: strengths and weaknesses
o external considerations: opportunities and threats
Written by Sarah Hilton for Revisionstation
Edexcel A Level Business 3.1.2 Theories of Corporate Strategy (complete lesson)
This lesson covers:
a) Development of corporate strategy:
o Ansoff’s Matrix
o Porter’s Strategic Matrix
b) Aim of portfolio analysis
c) Achieving competitive advantage through distinctive
capabilities
d) Effect of strategic and tactical decisions on human,
physical, and financial resources
This lesson is written by Sarah Hilton for Revisionstation
This lesson includes a Powerpoint and a worksheet and covers:
a) Development of corporate objectives from mission
statement/corporate aims
b) Critical appraisal of mission statements/corporate aims
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
a) The effects on businesses of:
o consumer protection
o employee protection
o environmental protection
o competition policy
o health and safety
Written by Sarah Hilton for Revisionstation
a) The effect on businesses of changes in:
o inflation (the rate of inflation, the Consumer Prices
Index)
o exchange rates (appreciation, depreciation)
o interest rates
o taxation and government spending
o the business cycle
b) The effect of economic uncertainty on the business
environment
2.4.1
Production,
productivity and
efficiency
a) Methods of production:
o job
o batch
o flow
o cell
b) Productivity:
o output per unit of input per time period:
factors influencing productivity
link between productivity and competitiveness
c) Efficiency:
o production at minimum average cost:
factors influencing efficiency
distinction between labour and capital intensive
production
2.4.2
Capacity utilisation
a) Capacity utilisation:
o current output (divided by) maximum possible output
(x 100)
b) Implications of under- and over-utilisation of capacity
c) Ways of improving capacity utilisation
2.4.3
Stock control
a) Interpretation of stock control diagram
b) Buffer stocks
c) Implications of poor stock control
d) Just in time (JIT) management of stock
e) Waste minimisation
f) Competitive advantage from lean production
2.4.4
Quality
management
a) Quality:
o control
o assurance
o circles
o Total Quality Management (TQM)
b) Continuous improvement (Kaizen)
c) Competitive advantage from quality management
This lesson includes a PowerPoint and a worksheet and covers:
a) Quality:
o control
o assurance
o circles
o Total Quality Management (TQM)
b) Continuous improvement (Kaizen)
c) Competitive advantage from quality management
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
a) Capacity utilisation:
o current output (divided by) maximum possible output (x 100)
b) Implications of under- and over-utilisation of capacity
c) Ways of improving capacity utilisation
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
a) Methods of production:
o job
o batch
o flow
o cell
b) Productivity:
o output per unit of input per time period:
factors influencing productivity
link between productivity and competitiveness
c) Efficiency:
o production at minimum average cost:
factors influencing efficiency
distinction between labour and capital intensive production
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
This lesson includes a PowerPoint and a worksheet and covers:
a) Internal and external causes of business failure:
o financial factors
o non-financial factors
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
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
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
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
Written by Sarah Hilton for Revisionstation
