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.
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:
Methods to improve cash flow
Assess ways of improving cash flow
Methods to improve profits and profitability
Assess ways of improving profits and profitability
Difficulties improving cash flow and profit
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:
Influences on the extent and methods of employee involvement in decision making
Employee representation methods to include trade unions and works council
How to manage and improve employer – employee communications and relations
Value of good employer – employee relations
This lesson is written by Sarah Hilton from 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
Complete teaching resources for a whole lesson including a PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
NEW Pearson Edexcel International A Level Business (135) 2 Entrepreneurial motives & characteristic
a) Characteristics and skills required.
b) Reasons why people set up businesses:
• financial motives: profit maximisation and profit satisficing
• non-financial motives: ethical stance, social entrepreneurship, independence and home working.
NEW Pearson Edexcel International A Level Business (135) 1 Role of an entrepreneur
Complete teaching resources for a whole lesson including a PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
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.
Complete teaching resources for a whole lesson including a PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
NEW Pearson Edexcel International A Level Business (135) 3 Business Objectives
a) Survival.
b) Profit maximisation.
c) Other objectives:
• sales maximisation
• market share
• cost efficiency
• employee welfare
• customer satisfaction
• social objectives.
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:
Influences on the mission of a business
Internal and external influences on corporate objectives and decisions
Influences on corporate objectives should include the pressures for short termism, business ownership, the external and internal environment.
The links between mission, corporate objectives and strategy
The distinction between strategy and tactics
The impact of strategic decision making on functional decision making
Internal and external influences on functional objectives and decisions
The value of SWOT analysis
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:
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
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 assess the financial performance of a business using balance sheets, income statements
financial ratios
profitability (return on capital employed)
liquidity (current ratio)
gearing
Efficiency ratios:
payables days
receivables days
inventory turnover
The value of financial ratios when assessing performance
Data may be analysed over time or in comparison with other businesses.
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 impact of changes in the political and legal environment on strategic and functional decision making:
The political and legal environment should include a broad understanding of the scope and effects of law related to competition, the labour market and environmental legislation
The impact of government policy related to enterprise, the role of regulators, infrastructure, the environment and international trade
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 impact of changes in the political and legal environment on strategic and functional decision making:
The political and legal environment should include a broad understanding of the scope and effects of law related to competition, the labour market and environmental legislation
The impact of government policy related to enterprise, the role of regulators, infrastructure, the environment and international trade
This 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 impact of the social and technological environment on strategic and functional decision making
Social changes to include demographic changes and population movements such as:
migration
changes in consumer lifestyle and buying behaviour
the growth of online businesses
The social environment to include Corporate Social Responsibility (CSR) and:
the reasons for and against (CSR)
the difference between the stakeholder v shareholder concept
Carroll’s Corporate Social Responsibility pyramid
Technological change should include the impact of technological change on functional areas and strategy
The pressures for socially responsible behaviour
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:
Porter’s five forces, how and why these might change, and the implications of these forces for strategic and functional decision making and profits
An understanding of the five forces to include:
entry threat (barriers to entry)
buyer power
supplier power
rivalry
substitute threat
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:
Financial methods of assessing an investment, investment appraisal should include the calculation and interpretation of:
payback
average rate of return
net present value
Factors influencing investment decisions. Factors to include:
investment criteria
non-financial factors
risk and uncertainty
This lesson was written by Sarah Hilton for Revisionstation
NEW Pearson Edexcel International A Level Business 131 2 Market Research
Complete teaching resources for a whole lesson includes PowerPoint and worksheet
a) Primary and secondary market research data (quantitative and qualitative) used to:
• identify and anticipate customer needs and wants
• quantify likely demand
• gain insight into consumer behaviour.
b) Methods of primary market research:
• surveys/questionnaires
• focus groups/consumer panels
• face-to-face/telephone interviews
• product trials/test marketing.
c) Methods of secondary market research:
• websites/social media
• newspapers/magazines/TV/radio
• reports
• databases.
d) Sampling methods:
• random
• quota
• stratified
Written by Sarah Hilton for Revisionstation
Pearson Edexcel International A Level Business 131 1 The Market
This lesson covers:
a) Mass markets and niche markets:
characteristics
market size and market share
brands
b) Dynamic markets:
online retailing
how markets change
innovation and market growth
adapting to change
c) How competition affects the market
d) The difference between risk and uncertainty
Complete teaching resources for a whole lesson includes PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
Pearson Edexcel International A Level Business (132) 3 Markets
This lesson covers:
The interaction of supply and demand
The drawing and interpretation of supply and demand diagrams to show the causes and consequences of price changes
Written by Sarah Hilton for Revisionstation
Pearson Edexcel International A Level Business (131) 3 Market Positioning
Complete teaching resources for a whole lesson including a PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
a) Product and market orientation.
b) Market mapping.
c) Market segmentation.
d) Competitive advantage of a product or service.
e) The purpose of product differentiation.
f) Adding value to products/services.
Pearson Edexcel International A Level Business
Complete teaching resources for a whole lesson including a PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
a) Factors leading to a change in demand:
changes in the prices of substitutes and complementary goods
changes in consumer incomes
fashions, tastes and preferences
advertising and branding
demographics
external shocks
seasonality