51ºÚÁÏ

Taken from the WJEC GCSE Specification. This first lesson covers an introduction to why businesses exist / start up as well as the charateristics of entrepreneurs. Learners need to understand the nature of business activity and how it is concerned with meeting the needs of customers by providing a product or service, in most cases, for a profit. At the heart of business activity is enterprise and entrepreneurs, who initiate and grow businesses, with a wide range of aims and objectives. These objectives often adapt as businesses grow and as the market and competitive environment in which they operate changes. Business organisations vary in size and ownership and operate in local, national and global contexts. Businesses have many stakeholders who are affected by business activity and can also impact on business behaviour.

In line with the WJEC specification but suitable for a variety of exam boards. This lessons focuses on in the ins and out of Private Limited Companies and Public Limited Companies. Exam practice and WAGOLL’s also included.

In line with the WJEC Specification Covering Soletraders and Partnerships. Including exam practice suitable for a variety of attainments.

Covered in this lesson: What is a business plan. Who reads business plans? How do business plans help an entrepreneur? Create your own business plan.

As per the WJEC specification, this lesson covers: The provision of goods and services for consumers and producers Distinguish between the private and public sector in the provision of goods and services. The resources needed to produce goods and services Distinguish between consumer and producer goods, durable and non-durable goods and personal and commercial services. Learners do not need to have detailed knowledge of the public sector Learners need to recognise the purpose, types of goods and services provided and examples of organisations in the private and the public sector Including raw materials, machinery and equipment, workers and site

Looking at the size and scale of businesses. Including reference to Local, National and international businesses. Following the WJEC GCSE Business curriculum.

1.9 The interdependent nature of business Content Amplification The role of the main functions in a business. How the different functions of business are connected and work together to achieve aims and objectives. Including business operations, finance, marketing, and human resources. Learners need to recognise that business operations, finance, marketing and human resources functions cannot work in isolation and need to work together to make business decisions. Helps students understand different functional areas within the business at an introductory level.

3 Sectors of industry - Primary, Secondary & Tertiary. Understanding how these sectors have changed over the years and how businesses have contributed to these changes.

4 Factors of production. Covering a brief overview of Land, Labour, Capital and Entreprenuer. Linked specifcally to WJEC GCSE Business specification.

From the WJEC Specification: Business Activity What is business enterprise The role of the entrepreneur in business activity and assisting business start-up The advice and help available to business start-ups The characteristics of an entrepreneur The motives of entrepreneurs The risks and rewards of business enterprise. Including initiative, innovation, identifying opportunities and organising resources. Including being a risk taker, using initiative, making decisions, organising the business, being innovative, hardworking and determined Including financial, non-financial and social/community (social enterprises) Learners need to be aware of the types of risks involved such as low sales, unexpected costs and unexpected events. Rewards can be financial (profit) and non-financial such as satisfaction, building something new and good customer feedback. Learners are expected to apply their knowledge of enterprise to different business contexts.

Understanding what aims and objectives are. How businesses in different sectors (public and private) have different aims and objectives. Exam practice of SMART Objectives.

Following the WJEC GCSE Specification of ownership. This lesson introduces students to how charities are ran, their liability and how they are funded. It also gives students a chance to think about why some charities have governmental involvement and some do not.

Focusing on an overview of cooperatives - employee and worker. using real life examples of a famous UK Co Operative John Lewis.

Multiple lessons included. Understanding the difference, how to calculate, how to interpret the answers. Focus on Net Profit Margin and Gross Profit Margin. Exam Practice.

4 Lessons - 60 slides Covers On the job and off the job training. Types of On & Off the job with definitions. Advantages and disadvantages of different methods suitability of each method Exam Practice

Understanding the competitive environment and introduction to market share with calculation practices.

Covering Internal and External sources of finance. The exam practice sessions are very helpful for a variety of students attainments.

3-4 Lessons worth of breakeven content. Many opportunities to practice the breakeven calculation and plotting the breakeven graph.

5 lessons in total - 79 slides long. Covering: Recruitment process Internal recruitment External recruitment Advantages and disadvantages of both methods. Shortlisting, references and employment laws Exam practice, with writing frames, mark scheme & WAGOLL.

dynamic business environment following the WJEC GCSE Business specification. Looking at PESTLE factors.