Unit 1 revision

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Subject:
Lesson Topic:
Timeframe:
Business Studies
UNIT 1 Revision
Week 1: 8 lessons
Grade: 12
AS
Aim/learning outcome:
Chapter 1
Know the nature of business activity
Understand the role of the entrepreneur
http://www.shell-livewire.org
http://www.thetimes100.co.uk/case-study--protecting-marketing-mix-through-intellectual-propertyrights--130-361-1.php
Understand what social enterprises are – triple bottom line
http://www.unltd.org.uk
Chapter 2
Differentiate between primary, secondary, tertiary sectors / private and public sectors
Legal structures – sole trader, partnership, private ltd co, public ltd co, franchise, co-op
https://www.youtube.com/watch?v=kZ9dqc-nIjo
Raising finance of in various legal structures
Limited liability and its importance
Changing from one legal structure to another
Exam question: Nov 2007 Paper 1 Question 5
Chapter 3
Different methods of measuring size of business
http://www.thetimes100.co.uk – business growth
Advantages / disadvantages of small business. Importance and role in economy
Strengths and weaknesses of family business
Why and how some businesses grow internally
Chapter 4
The nature and importance of business objectives at corporate, departmental and individual levels
Corporate responsibility as a business objective
Relationship between mission statement, objectives, strategy and tactics
http://www.bized.co.uk/learn/business/strategy/busaims/index.htm
The different stages of business decision making and the role of objectives in the stages of
business decision making
How objectives might change over time
http://www.thetimes100.co.uk/case-study--supply-chain-from-manufacturing-to-shelf--6-370-1.php
http://www.bized.co.uk/educators/level2/busactivity/lesson/knowing1.htm
Translation of objectives into targets and budgets
The communication of objectives and their likely impact on the workforce
How ethics may influence business objectives and activities
http://www.qualitydigest.com/magazine/2009/may/article/decline-ethical-behavior-business.html
http://www.mallenbaker.net/csr/index.php
Exam question Nov 2008 Paper 3 Q 7, June 2006 Paper 2 Q 1(c), June 2008 Paper 3 Q 5 (b) Nov
2007 Paper 1 Q 5(a), Nov 2008 Paper 2 Q 2(d)
Business Studies lesson planning
Chapter 5
Groups involved in business activity
Roles, rights and responsibilities of the stakeholders
Impact of business decisions/actions on stakeholders, and their reactions
How and why a business needs to be accountable to its stakeholders
How conflict might arise from stakeholders having different aims
How changing business
http://www.bized.co.uk/educators/level2/busactivity/lesson/knowing1.htm
http://www.bized.co.uk/educators/16-19/business/external/presentation/ethics_map.htm
Exam question: June 2006 Paper 3 Q 7
Notes:
Business Studies lesson planning
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