Unit 3: Personal and Business Finance - Full Student Workbook
BTEC Level 3 National Business Learning Aims A to F
This updated and fully editable workbook supports the delivery of Unit 3: Personal and Business Finance for the BTEC Level 3 National Business course. Structured around Learning Aims A to F, the workbook offers clear, accessible content alongside a wide variety of activities to develop learner understanding and exam readiness.
What’s inside:
Learning Aim A: The purpose and importance of personal finance - budgeting, money management and payment methods.
Learning Aim B: Financial institutions and advice - consumer protection, types of providers, and how financial services support individuals.
Learning Aim C: Key features of financial documents and interpreting financial data including cash flow forecasts and break-even charts.
Learning Aim D: Understanding accounting terminology and functions – with explanations of assets, liabilities, capital income, and expenditure.
Learning Aim E: Statement of comprehensive income and statement of financial position with walk through and practice tasks.
Learning Aim F: Ratio analysis including liquidity, profitability, and efficiency, supported by worked examples and space for student calculation and analysis.
Key features:
Covers all six learning aims (A to F)
Updated in line with recent assessment guidance
Student-friendly layout with space for notes and practice
Suitable for use in lessons, homework, or independent revision
Designed to support diverse learners with clear language and scaffolded tasks
This is a high-quality resource ideal for teachers delivering Unit 3 and learners preparing for the external exam.
A set of 9 case studies for Edexcel A Level Business Studies on 1.4.3 Organisational Design including:
a) Structure:
o hierarchy
o chain of command
o span of control
o centralised and decentralised
b) Types of structure:
o tall
o flat
o matrix
c) Impact of different organisational structures on business efficiency and motivation
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A set of 3 case studies on 1.3.1 Product/service design covering:
a) Design mix:
o function
o aesthetics
o cost
b) Changes in the elements of the design mix to reflect social trends:
o concern over resource depletion: designing for waste minimisation, re-use and recycling
o ethical sourcing
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A series of 7 case studies covering Edexcel A Level Business 1.2.1 Demand including:
Factors leading to a change in demand:
o changes in the prices of substitutes and complementary goods
o changes in consumer incomes
o fashions, tastes and preferences
o advertising and branding
o demographics
o external shocks
o seasonality
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A set of 3 case studies for Edexcel A Level Business covering 1.5.5 Business choices and 1.5.6 Moving from entrepreneur to leader, including:
1.5.5 Business choices
a) Opportunity cost
b) Choices and potential trade-offs
1.5.6 Moving from entrepreneur to leader
a) The difficulties in developing from an entrepreneur to a leader
A bumber set of 12 case studies covering Edexcel A Level Business 1.3.2 Branding and promotion, including:
a) Types of promotion
b) Types of branding
c) The benefits of strong branding:
o added value
o ability to charge premium prices
o reduced price elasticity of demand
d) Ways to build a brand
o unique selling points (USPs)/differentiation
o advertising
o sponsorship
o the use of social media
e) Changes in branding and promotion to reflect social trends:
o viral marketing
o social media
o emotional branding
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A series of 5case studies covering Edexcel A Level business 1.2.2 Supply including:
Factors leading to a change in supply:
o changes in the costs of production
o introduction of new technology
o indirect taxes
o government subsidies
o external shocks
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A set of 3 case studies covering Edexcel A Level Business Studies 1.3.4 Distribution, including:
a) Distribution channels
b) Changes in distribution to reflect social trends:
o online distribution
o changing from product to service
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A set of 4 case studies covering Edexcel A Level Business Studies 1.5.1 Role of an Entrepreneur, including:
a) Creating and setting up a business
b) Running and expanding/developing a business
c) Innovation within a business (intrapreneurship)
d) Barriers to entrepreneurship
e) Anticipating risk and uncertainty in the business
environment
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A set of 5 case studies for Edexcel A Level Business Studies 1.4.5 Leadership including:
a) Leadership:
o the distinction between management and leadership
b) Types of leadership style:
o autocratic
o paternalistic
o democratic
o laissez-faire
A series of 5 case studies for Edexcel A Level Business studies 1.1.2 Market research covering:
a) Product and market orientation
b) Primary and secondary market research data (quantitative and qualitative) used to:
o identify and anticipate customer needs and wants
o quantify likely demand
o gain insight into consumer behaviour
c) Limitations of market research, sample size and bias
d) Use of ICT to support market research:
o websites
o social networking
o databases
e) Market segmentation
Businesses included are:
Unilever
McDonald’s
Coca-Cola
Nike
Apple
Case studies include key points for discussion, markscheme and answer structure following the PeCAN-PiE and AJIM models.
A set of 5 case studies covering Edexcel A Level Business 1.4.2 Recruitment and Selection, including:
Recruitment and selection process:
o internal versus external recruitment
b) Costs of recruitment, selection and training
c) Types of training:
o induction
o on-the-job
o off-the-job
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A presentation to talk students through how to answer questions in GCSE Computer Science to get the best marks. The presentation talks through exam command words and how to interpret how much should be written based on the number of marks available and shows some exemplar answers.
A series of 10 case studies for Edexcel A Level Business Studies 1.3.5 Marketing Strategy including:
a) The product life cycle
b) Extension strategies:
o product
o promotion
c) Boston Matrix and the product portfolio
d) Marketing strategies appropriate for different types of market:
o mass markets
o niche markets
o business to business (B2B) and business to consumer (B2C) marketing
e) Consumer behaviour – how businesses develop customer loyalty
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
A series of 14 cases studies for Edexcel A Level Business studies covering 1.3.3 Pricing strategies, including:
a) Types of pricing strategy:
o cost plus (calculating mark-up on unit cost)
o price skimming
o penetration
o predatory
o competitive
o psychological
b) Factors that determine the most appropriate pricing strategy for a particular situation:
o number of USPs/amount of differentiation
o price elasticity of demand
o level of competition in the business environment
o strength of brand
o stage in the product life cycle
o costs and the need to make a profit
c) Changes in pricing to reflect social trends:
o online sales
o price comparison site
A set of 18 case studies for Edexcel A Level Business Studies 1.4.4 Motivation in theory and practice, including:
a) The importance of employee motivation to a business
b) Motivation theories:
o Taylor (scientific management)
o Mayo (human relations theory)
o Maslow (hierarchy of needs)
o Herzberg (two factor theory)
c) Financial incentives to improve employee performance:
o piecework
o commission
o bonus
o profit share
o performance-related pay
d) Non-financial techniques to improve employee performance:
o delegation
o consultation
o empowerment
o team working
o flexible working
o job enrichment
o job rotation
o job enlargement
Each case study contains key points to consider and key discussion points along with a mark scheme and answer structure guidance following the PeCAN-PiE and AJIM models.
Are you looking to progress onto the Upper Pay Range (UPR)? This comprehensive guide provides everything you need to understand the process, meet the required standards, and successfully apply for progression.
This resource includes:
A step-by-step guide to the UPR application process
Clear explanations of the required criteria (Highly Competent, Substantial, and Sustained)
Practical examples of evidence you can use to demonstrate your impact
A model UPR progression policy for schools
A detailed breakdown of professional standards linked to career progression
Designed for teachers, school leaders, and appraisers, this resource is an essential tool for navigating pay progression under the School Teachers’ Pay and Conditions Document (STPCD).
Perfect for self-assessment, performance management discussions, or supporting colleagues, this guide ensures you have everything you need to make a strong case for UPR progression.
Ideal for: Teachers applying for UPR, school leaders, and appraisers
Aligned with: The latest teacher pay policies in England
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