Business Studies
- Purpose of Business activity
- Value added concept
- Needs,Wants,Scarcity
- Objectives of Non-profit organisation
- Objectives of Private enterprise
- Objectives of Public enterprise
- 3 Sectors in Business activity
- Primary Sector
- Secondary Sector
- Tertiary Sector
- Methods of measuring size
- Problems with methods
- Different ways to grow Business
- Why business wants to grow?
- Growth Problems
- Feature of Capitalist economy
- Why are objectives important?
- Different Objectives
- Stakeholders in Business
- 2 Sectors in Business
- Private Sector Organisations
- Public Sector Organisations
- Need for intervention
- Impact for intervention
- Examples of intervention
- Interest rate affect
- Tax changes affect business
- Positive impacts of Technology
- What is e-commerce?
- Benefits of e-commerce
- Drawbacks of e-commerce
- Consumer spending
- More competitive market
- Increased competition
- Types of Economic systems
- What is International trade?
- Entering new markets
- Impact of Competition
- Consumer exploitation
- What affects International trade?
- Choosing the form of organisation
- Types of Business organisations
- What is Sole trader?
- What is Partnership?
- What is limited company?
- What is a Franchise?
- What is a joint venture?
- Difference between Sole trader and Partnerhip
- Difference between unincorporated Business and Limited company
- Multinational Firms
- Advantages of Multinationals
- Disadvantages of Multinationals
- Control, Responsibility, Span of control,Scalar chain and Delegation
- Role of Entrepreneur
- Functions of Management
- Ownership and Control
- Means of communication
- How Communication takes place?
- Barriers to effective communication
- Overcome barriers of communication
- Effective communication
- Why business needs funds?
- Short term Capital and Long term Capital
- Internal sources of funds
- External sources of funds
- Debt capital compared to owner’s fund
- Sources of fund
- The role of marketing
- Market orientation
- What is market research?
- Primary research
- Secondary research
- How to conduct market research?
- Factors influencing market research
- Presentation of market research
- Market segmentation
- Mass marketing-Niche marketing
- Marketing mix
- 4ps marketing mix
- Benefits of packaging
- Brand name influence of sales
- Product life cycle
- Extension strategies
- Pricing strategy
- Channels of distribution
- Types of promotion
- Difference between production and productivity
- Why economies of scale occur?
- Diseconomies of scale
- Quality Control
- Factors that increase productivity
- Methods of production
- Job production
- Advantages and Disadvantages of Job production
- Batch production
- Advantages and Disadvantages of Batch production
- Flow production
- Advantages and Disadvantages of Flow production
- Lean production
- Break-even chart
- Classification of costs
- Limitations of a break-even chart
- Factors influencing location decision of manufacturing business
- Factors influencing location decision of service based business
- Factors considered in determining which country to locate
- GCSE Business Studies Advantages of Sole trader
- Planned Economy-Business Studies
- What is Barter?
- Disadvantages of Barter
- What is business activity?
- What are consumer goods and capital goods?
- What are legal requirements of forming a partnership?
- Public limited Company belongs to Private sector or Public sector?
- What is Private sector?
- What is privatization?
- What are Public Limited Companies?
- Disadvantages of Partnership
- What is unincorporated business?
- What are the advantages of forming a partnership?
- Which businesses have unlimited liability?
- Is the sole trader business illegal or legal?
- Why there is industrialization in developing countries?
- What is Public sector?
- Who are internal stakeholders?
- Who are external stakeholders?
- Sole trader in Business studies
- Start business with limited capital
- Sole trader: Self employment
- Sole trader: Quick decision making
- Partnership: Losses are shared
- Profit is not shared
- Advantages of Partnership: More capital available
- Sole trader: Relationship with the customer
- Advantages of Partnership: More ideas
- Sole trader: No legal requirement
- Partnership: Tasks are divided
