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 distinction between management and leadership Types of management and leadership styles and influences on these – theories: Common leadership styles Autocratic Paternalistic Democratic Laissez-faire The Tannenbaum and Schmidt continuum The effectiveness of different styles of management and leadership This lesson was 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 need to consider stakeholder needs when making decisions Stakeholder mapping Stakeholder power and interest Stakeholder needs and the possible overlap and conflict of these needs How to manage the relationship with different stakeholders Communication Consultation This lesson was 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 value of primary and secondary marketing research Qualitative and quantitative data Calculate market and sales growth, market share and size (already covered in 331) The value of sampling Random Stratified Quota The interpretation of marketing data positive and negative correlation and an understanding of the strength of the relationship understanding the concept of confidence intervals understanding extrapolation. The interpretation of price and income elasticity of demand data Interpretation of price and income elasticity of demand (PED and YED)* Analysis of the impact of changes in price and income on revenue* The value of the concepts of price and income elasticity of demand to marketing decision makers The use of data in marketing decision making and planning This lesson was 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 elements of the marketing mix (7Ps) The influences on and effects of changes in the elements of the marketing mix The marketing mix should be considered for goods and services, both industrial and consumer. Product decisions the value of product portfolio analysis and the Boston Matrix the value of the product life cycle model including extension strategies influences on and the value of new product development. Pricing decisions Pricing decisions should include penetration and price skimming. and in part 2 Decisions about the promotional mix Promotional decisions should include: the value of branding Social media Viral Marketing Distribution (place) decisions Distribution decisions should include multichannel distribution. Decisions relating to other elements of the marketing mix: people, process and physical environment The importance of and influences on an integrated marketing mix include: the position in the product life cycle the Boston Matrix the type of product marketing objectives the target market competition positioning. Understanding the value of digital marketing and e-commerce This lesson was 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 importance of capacity How to utilise capacity efficiently The importance of efficiency and labour productivity How to increase efficiency and labour productivity Difficulties increasing efficiency and labour productivity The benefits and difficulties of lean production Lean production should include ‘Just in Time’ vs ‘Just in Case’ How to choose the optimal mix of resources The mix of resources should include an understanding of labour and capital intensive processes How to use technology to improve operational efficiency This lesson was 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: Part 1: How to construct and analyse budgets and cash flow forecasts Variance analysis Adverse and favourable variances The value of budgeting How to construct break-even charts Break even output Margin of safety Contribution per unit Total contribution How to calculate and illustrate on a break-even chart the effects of change in price, output and costs The value of break even analysis Part 2: How to analyse profitability Profitability margins Gross profit Profit from operations Profit for the year How to analyse timings of cash inflows and outflows Payables Receivables The use of data for financial decision making and planning These lessons were 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: Internal and external sources of finance debt factoring overdrafts retained profits share capital loans venture capital crowd funding Advantages and disadvantages of different sources of finance for short and long term uses This lesson was written by Sarah Hilton for 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 and covers: a) Design mix: function aesthetics cost b) Changes in the elements of the design mix to reflect social trends: concern over resource depletion: designing for waste minimisation, re-use and recycling ethical sourcing Written by Sarah Hilton for Revisionstation

EDEXCEL GCSE BUSINESS 2.5.4 MOTIVATION (COMPLETE LESSON) 254 This lesson includes a PowerPoint and a worksheet and covers: The importance of motivation in the workplace: Attracting employees, retaining employees, productivity How businesses motivate employees: Financial methods: remuneration, bonus, commission, promotion, fringe benefits Non-financial methods: job rotation, job enrichment, autonomy Written by Sarah Hilton for Revisionstation

EDEXCEL GCSE BUSINESS 2.4.1 BUSINESS CALCULATIONS (COMPLETE LESSON) 241 This lesson includes a PowerPoint and a worksheet and covers: The concept and calculation of: Gross profit Net profit Calculation and interpretation of: Gross profit margin Net profit margin Average rate of return Written by Sarah Hilton for Revisionstation

EDEXCEL GCSE BUSINESS 2.2.5 USING THE MARKETING MIX (COMPLETE LESSON) 225 This lesson includes a PowerPoint and a worksheet and covers: How each element of the marketing mix can influence other elements Using the marketing mix to build competitive advantage How an integrated marketing mix can influence competitive advantage Written by Sarah Hilton for Revisionstation

EDEXCEL GCSE BUSINESS 2.3.3 MANAGING QUALITY (COMPLETE LESSON) 233 This lesson includes a PowerPoint and a worksheet and covers: The concept of quality and its importance in: •The production of goods and the provision of services: quality control and quality assurance •Allowing a business to control costs and gain a competitive advantage Written by Sarah Hilton for Revisionstation

EDEXCEL GCSE BUSINESS 2.3.4 THE SALES PROCESS (COMPLETE LESSON) 234 This lesson includes a PowerPoint and a worksheet and covers: The sales process: Product knowledge, speed and efficiency of service, customer engagement, responses to customer feedback, post-sales service The importance to businesses of providing good customer service Written by Sarah Hilton for Revisionstation

EDEXCEL GCSE BUSINESS 2.5.2 EFFECTIVE RECRUITMENT (COMPLETE LESSON) 252 This lesson includes a PowerPoint and a worksheet and covers: Different job roles and responsibilities: Key job roles and their responsibilities: directors, senior managers, supervisors/team leaders, operational and support staff How businesses recruit people: Documents: person specification and job description, application form, CV Recruitment methods used to meet different business needs (Internal and external recruitment) Written by Sarah Hilton for Revisionstation

This lesson includes a PowerPoint and a worksheet and covers: a) Recruitment and selection process: o internal versus external recruitment b) Costs of recruitment, selection and training c) Types of training: o induction o on-the-job o off-the-job Written by Sarah Hilton for Revisionstation

This lesson includes a PowerPoint and a worksheet and covers: a) Staff as an asset; staff as a cost b) Flexible workforce: o multi-skilling o part-time and temporary o flexible hours and home working o outsourcing c) Distinction between dismissal and redundancy d) Employer/employee relationships o individual approach o collective bargaining Written by Sarah Hilton for Revisionstation

This lesson includes a PowerPoint and a worksheet and covers: a) Relevance of a business plan in obtaining finance b) Interpretation of a simple cash-flow forecast and calculations based on changes in the cash-flow variables c) Use and limitations of a cash-flow forecast Written by Sarah Hilton for Revisionstation

This lesson includes a PowerPoint and a worksheet and covers: a) Implications of limited and unlimited liability b) Finance appropriate for limited and unlimited liability businesses Written by Sarah Hilton for Revisionstation