
Revision resources for each part of the specification
Retrieval grids
Thinking hard grids
3.1.1 The purpose and nature of businesses
3.1.2 Business ownership
3.1.3 Setting business aims and objectives
3.1.4 Stakeholders
3.1.5 Business location
3.1.6 Business planning
3.1.7 Expanding a business
3.2.1 Technology.
3.2.2 Ethical and environmental considerations.
3.2.3 The economic climate on businesses.
3.2.4 Globalisation
3.2.5 Legislation
3.2.6 Competitive environment
3.3.1 Production processes.
3.3.2 The role of procurement
3.3.3 The concept of quality.
3.4.1 Organisational structures
3.4.2 Recruitment and selection of employees
3.4.3 Motivating employees
3.4.4 Training
3.5.1 Identifying and understanding customers
3.5.2 Segmentation
3.5.3 The purpose and methods of market research
3.5.4 The elements of the marketing mix: price
3.5.4 The elements of the marketing mix: product
3.5.4 The elements of the marketing mix: promotion
3.5.4 The elements of the marketing mix: place
3.6.1 Sources of finance
3.6.2 Cash flow
3.6.3 Financial terms and calculations
3.6.4 Analysing the financial performance of a business
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