This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics: Understand the methods used by businesses when expanding Organic growth through franchising Opening new stores Expanding through e-commerce Outsourcing External growth though mergers and takeovers Discuss the benefits of expansion Unit cost advantages due to economies of scale Discuss the drawbacks of expansion Diseconomies of scale Understand the meaning of purchasing and technical economies of scale Understand that with growth businesses increase the risk of diseconomies of scale occurring Due to poor communication Coordination issues Reduced staff motivation Calculate and interpret average unit costs

This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics: The purpose of business planning The main sections within a business plan Basic financial terms Basic financial calculations

This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics: Students should be able to understand the factors that influence where a business is located, including: proximity to the market availability of raw materials labour competition costs

This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics: Main stakeholders of businesses Objectives of stakeholders Impact of business activity on stakeholders Impact and influence stakeholders have on businesses

This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics: What are business aims and objectives Purpose of setting objectives Role of objectives in running a business Changing objectives Use of objectives in judging success

This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics: Different legal structures that businesses adopt • Sole traders • Partnerships • Private limited companies (ltd) • Public limited companies (plc) • Not-for-profit organisations The concept of limited liability and which legal structures benefit from this Which legal structure would be most appropriate for a variety of business examples, including new start-up businesses and large established businesses

This is a complete lesson written by Sarah Hilton for Revisionstation and it covers the following topics: The purpose of business Reasons for starting a business Basic functions and types of business Goods and services Needs and wants Factors of production Opportunity cost Three main business sectors Business enterprise and entrepreneurship Characteristics of am entrepreneur Objectives of an entrepreneur Dynamic nature of business

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Identifying key risks through risk assessment: • natural disasters • IT systems failure • loss of key staff b) Planning for risk mitigation: • business continuity • succession planning

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Organisational culture b) Size of organisation c) Time/speed of change d) Managing resistance to change e) Transformative leadership

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Calculate and interpret the following to help make business decisions: • labour productivity • labour turnover and retention • absenteeism b) Limitations of these calculations c) Human resource strategies to increase productivity and retention and to reduce turnover and absenteeism: • financial rewards • employee share ownership • consultation strategies • empowerment strategies

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Calculate: • profitability (gross profit margin and profit for the year* / operating profit margin) • liquidity (current and acid test ratios) • gearing ratio • return on capital employed (ROCE). b) Interpret ratios to make business decisions. c) The limitations of ratio analysis.

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Statement of comprehensive income (profit and loss account): • key information • stakeholder interest. b) Statement of financial position (balance sheet) • key information • stakeholder interest.

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Ethics of strategic decisions: trade-offs between profit and ethics b) Pay and rewards c) Corporate social responsibility (CSR)

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Internal and external stakeholders. b) Stakeholder objectives. c) Stakeholder and shareholder influences: • stakeholder: that the business considers all of its stakeholders in its business decisions/objectives • shareholder: that the business should focus purely on shareholder returns (increasing share price and dividends) in its business decisions/objectives. d) The potential for conflict between profit-based (shareholder) and wider objectives (stakeholder).

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: 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

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Nature and purpose of contribution b) Calculation and interpretation of contribution c) Use of contribution as a decision-making technique

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Nature and purpose of contribution b) Calculation and interpretation of contribution c) Use of contribution as a decision-making technique

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Nature and purpose of critical path analysis. b) Complete and interpret simple networks to identify the critical path. c) Calculate: • earliest start time • latest finish time • total float. d) Limitations of using critical path analysis.

This lesson is written by Sarah Hilton for Revisionstation and contains a comprehensive student worksheet and a teacher PowerPoint These are the topics covered in this lesson: a) Construct and interpret simple decision-tree diagrams b) Calculations and interpretations of figures generated by these techniques c) Limitations of using decision trees