A Level Business Studies (2130) - Summer Revision
Further information can be found at: http://www.aqa.org.uk/subjects/business-studies/alevel/business-studies-2130/spec-at-a-glance
AS Unit 1 – Planning and Financing a Business
Financial Planning
This section provides candidates with an understanding of key financial concepts essential
for the planning of small businesses. Candidates will be expected to carry out calculations
and to be able to interpret their results.
SPECIFICATION
AMPLIFICATION
TASK
Calculating Costs, Revenues and
Profits
fixed, variable and
total costs
price, total revenue
and profit.
Candidates should
understand the relationships
between cost, price,
revenue and profits.
http://filestore.aqa.org.uk/
subjects/AQA-BUSS1-QPJUN12.PDF
Using Break-Even Analysis to Make
Decisions
contribution and
contribution per unit
calculation of breakeven output
construction of breakeven charts
analysing the effects
of changing variables
on break-even charts.
Candidates should
understand how start-up
businesses may use
contribution and break-even
to analyse the impact of
different costs and prices,
and make decisions on
whether to start the
business.
Candidates should be aware
of the strengths and
weaknesses of break-even
analysis.
From the exam paper
above please complete
questions 1a,b, c and d
ALSO
1 e, ei, eii, eiii
Guidance and tools to help for Unit 1
http://www.tutor2u.net/blog/files/aqa-as-business-unit1-keyterms.pdf
http://www.tutor2u.net/blog/index.php/business-studies/comments/what-are-fixed-costs
http://www.tutor2u.net/business/quiz/breakeven/quiz.html