P. of Business Subject Content Expand All Production processes Production processes The role of procurement The concept of quality Good customer service Business in the real world Setting business aims and objectives 4 Topics Expand Lesson notes Content 0% Complete 0/4 Steps What business are aims and objectives Changing objectives Purpose of setting objectives use of objectives in judging success Business stakeholders 4 Topics Expand Lesson notes Content 0% Complete 0/4 Steps business stakeholder Stakeholder objective How stakeholders affect business and how they are affected Conflict between stakeholders and groups The purpose and nature of businesses 5 Topics Expand Lesson notes Content 0% Complete 0/5 Steps Purpose of business Factors of production Business sectors and business functions Business enterprise and entrepreneurship Dynamic nature of business Business ownership 3 Topics Expand Lesson notes Content 0% Complete 0/3 Steps Sole traders Partnerships Private limited companies (pld) Influences on business Business location 3 Topics Expand Lesson notes Content 0% Complete 0/3 Steps Proximity to the market, labour, materials and competitors The nature of business activity The impact of the internet on location decisions business planning 2 Topics Expand Lesson notes Content 0% Complete 0/2 Steps The role and importance of a business plan The purpose of planning business activity Expanding a business 3 Topics Expand Lesson notes Content 0% Complete 0/3 Steps Benefits and drawbacks of expansion and economic scales Diseconomies of scale and Methods of expansion – internal (organic) growth Methods of expansion- external(inorganic) growth Technology and business 2 Topics Expand Lesson notes Content 0% Complete 0/2 Steps E-commerce and social media Digital communication, payment methods, sales, costs and marketing mix Finance Ethical and environmental considerations 4 Topics Expand Lesson notes Content 0% Complete 0/4 Steps How ethical considerations influence business activity and How environmental considerations influence business activity The potential impact of pressure group activity on the marketing mix Changing levels of consumer income and Changes in interest rates Inflation, government taxation and changes in exchange rates Sources of Finance Cash and cash flow Business growth Financial terms and calculations Marketing The economy and business Analysing the financial performance of a business Identifying and understanding customer needs 1 of 2
