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.
This complete lesson covers:
The impact of consumer law on business
Reputation of the business, safety and satisfactory quality of goods
This lesson was written by Sarah Hilton for Revisionstation
This lesson covers:
The impact of current legislation on recruitment and employment
Discrimination, employees’ right to contract, holidays, hours of work
This lesson was written by Sarah Hilton for Revisionstation
Pearson Edexcel A Level International Business (133) 3 Promotion and branding
This lesson covers:
a) Types of promotion.
b) Types of branding.
c) The benefits of strong branding:
• added value
• ability to charge premium prices
• reduced price elasticity of demand.
d) Ways to build a brand:
• unique selling points, USPs)/differentiation
• advertising
• sponsorship
• the use of social media.
e) Changes in branding and promotion to reflect social trends:
• viral marketing
• social media
• emotional branding.
This lesson was written by Sarah Hilton for Revisionstation
New Pearson Edexcel A Level International Business (134) 4 Motivation
This lesson covers:
a) The importance of employee motivation to a business
b) Motivation theories:
• Taylor (scientific management)
• Mayo (human relations theory)
• Maslow (hierarchy of needs)
• Herzberg (two-factor theory).
c) Financial methods to improve employee performance:
• piecework
• commission
• bonus
• profit share
• performance-related pay.
d) Non-financial methods to improve employee performance:
• delegation
• consultation
• empowerment
• team working
• flexible working
• job enrichment
• job rotation
• job enlargement.
This lesson is written by Sarah Hilton for Revisionstation
NEW Pearson Edexcel International A Level Business (132) 4 PED Price Elasticity of Demand
Complete teaching resources for a whole lesson including a PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
a) Calculation of price elasticity of demand.
b) Interpretation of numerical values of price elasticity of demand.
c) The factors influencing price elasticity of demand.
d) The significance of price elasticity of demand to businesses in terms of implications for pricing.
e) Calculation and interpretation of the relationship between price elasticity of demand and total revenue.
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
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.
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 Unit 2.3.3 Managing Finance (3 complete lessons)
1 Profit
a) Calculation of:
• gross profit
• operating profit
• profit for the year (net profit).
b) Ways to increase profits.
c) Statement of comprehensive income (profit and loss account):
• measuring profitability: calculation of gross profit margin, operating profit margin, and profit for the year (net profit) margin
• ways to improve profitability.
2 Liquidity
a) Distinction between profit and cash.
b) Statement of financial position (balance sheet):
• measuring liquidity: calculating current ratio and acid test ratio
• ways to improve liquidity, including assets, supplier credit terms, factoring, inventory JIT.
c) Working capital and its management: the importance of cash.
3 Business failure
a) Internal causes of business failure:
• poor management of cash flow
• overestimation of sales
• overtrading
• poor inventory control
• poor marketing
• poor quality.
b) External causes of business failure:
• market conditions
• competition
• economic
• exchange rates
• interest rates
• government regulations
• supplier problems
• natural phenomena.
232 Financial Planning
1 SALES, REVENUE AND COSTS
This complete lesson includes:
a) Calculation of sales volume and sales revenue
b) Calculation of fixed, variable costs, total costs and average costs
c) Ways of improving sales volumes and sales revenues
This lesson is written by Sarah Hilton at Revisionstation
234 Resource Management
1 PRODUCTION, PRODUCTIVITY
AND EFFICIENCY
This complete lesson includes:
a) Methods of production:
• job
• batch
• flow
• cell
b) Productivity:
• output per unit of input per time period
• factors influencing productivity
• link between productivity and competitiveness
• ways to improve productivity
c) Efficiency:
• production at minimum average cost
• factors influencing efficiency
• ways to improve efficiency
d) The distinction between labour- and capital-intensive production
e) Competitive advantage from short product lead-in times
This lesson is written by Sarah Hilton at Revisionstation
234 Resource Management
4 QUALITY MANAGEMENT
This complete lesson includes:
a) Quality:
• control
• assurance
• circles
b) Total Quality Management (TQM)
c) Continuous improvement (Kaizen)
d) Competitive advantage from quality management
This lesson is written by Sarah Hilton at Revisionstation
235 External influences
1 ECONOMIC INFLUENCES
This complete lesson includes:
a) The effect on businesses of, and how they can best respond to, changes in:
• the rate of inflation
• exchange rates (appreciation, depreciation)
• interest rates
• taxation and government spending
• the business cycle.
This lesson is written by Sarah Hilton at Revisionstation
AQA A Level Business (Spec version 2.0) Unit 3.2 Managers, leadership and decision management (3 complete lessons)
3.2.1 Understanding management, leadership and decision making
3.2.2 Understanding management decision making
3.2.3 Understanding the role and importance of stakeholders
PowerPoints and student worksheets
a) Reduction of international trade barriers/trade
liberalisation
b) Political change
c) Reduced cost of transport and communication
d) Increased significance of global (transnational)
companies
e) Increased investment flows (FDI)
f) Migration (within and between economies)
g) Growth of the global labour force
h) Structural change
This lesson includes a PowerPoint and a student worksheet
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 interpretation, calculation and use of operations data in operational decision-making and planning
Calculation of:
labour productivity
unit costs (average costs)
capacity
capacity utilisation
This lesson was written by Sarah Hilton at 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
Pearson Edexcel International A Level Business (334)1 Corporate culture
a) Strong and weak cultures.
b) Classification of company cultures:
• power
• role
• task
• person.
c) How corporate culture is formed.
d) Difficulties in changing an established culture.
Written by Sarah Hilton for Revisionstation
This lesson includes a PowerPoint and a worksheet and covers:
a) Types of pricing strategy:
cost plus (calculating mark-up on unit cost)
price skimming
penetration
predatory
competitive
psychological
b) Factors that determine the most appropriate pricing strategy for a particular situation:
number of USPs/amount of differentiation
price elasticity of demand
level of competition in the business environment
strength of brand
stage in the product life cycle
costs and the need to make a profit
c) Changes in pricing to reflect social trends:
online sales
price comparison sites
Written by Sarah Hilton for Revisionstation