Revision Quiz - Income Statement
This revision quiz looks at the structure and use of the Income Statement - perhaps the most important financial statement for a firm and its owners.
Launch revision quiz on the Income Statement
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Revision Quiz - Financial Efficiency Ratios
Stock turnover, debtor days and creditor days are covered in this revision quiz on financial efficiency ratios:
Launch revision quiz on financial efficiency ratios
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Revision Quiz - Profitability & ROCE
This revision quiz test knowledge and understanding of profitability and ROCE calculations and concepts
Launch interactive revision quiz on profitability and ROCE
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Revision Quiz - Liquidity
This revision quiz has ten MCQs on liquidity ratios - ideal for A2 business revision
Launch revision quiz on liquidity ratios
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Revision Quiz - Gearing
A revision quiz here for A2 / Year 13 business students, including those preparing for AQA BUSS3. This ten question quiz tests understanding of the topic of capital gearing.
Launch interactive version of revision quiz on gearing
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Focusing on adding value in a specialist niche helps toy shops survive
I love this article in The Telegraph today which takes us behind the scenes of three independent toy shops who managing to prosper in a highly competitive market…
read more...»AQA BUSS1 & BUSS3 - Intensive Revision Student Conferences December 2010
The provisional dates for our programme of intensive revision student conferences for AQA Business Studies (BUSS1 & BUSS3) have just been released. They are:
Fulham Broadway - Tuesday 7 December 2010
Birmingham Star City - Wednesday 8 December 2010
Salford Quays Lowry Outlet Mall - Thursday 9 December 2010
Provisional bookings for both BUSS1 and BUSS3 workshops can be made using this online form
On the road for BUSS1 & BUSS3
We’re on the road with visits this week to Fulham Broadway, Birmingham and Salford Quays as part tutor2u’s revision workshop programme for AQA Business Studies. Two packed screens today at Fulham where the students worked incredibly hard during 5 hours of intensive exam coaching for the BUSS1 and BUSS3 exams in January 2010. We return to the same venues in the last week of April 2010 + a day at Cribbs Causeway Bristol for one-day exam preparation on BUSS2 and BUSS4 (2010 pre-release).
Is it my imagination or is this diversification?
I love thinking of ways to relate dry Business topics to my students and I did this last week and the kids went ‘mad for it’!...
read more...»Offshoring and Small Businesses
An interesting piece of market research has landed on my desk today from ICM which reports on a survey of small businesses in the UK during November 2009. It looks at whether SME’s are already getting involved with, or are contemplating, offshoring (a new part of BUSS3)
read more...»Strategies for Diversification - Straight from the Horses Mouth
Been a long time since I looked at this..but it still makes excellent reading.
Heavy going in parts..but there is some amazing stuff in there..especially the bit underneath the conclusion that talks about ‘competitive organisational structures’.
I’m starting my BUSS3 revision next week, beginning with Ansoff’s matrix. This would make excellent material for independent study, especially if it was edited to make it more ‘Sixth Form friendly’.
Enjoy…
Starter Activity - Spot the Difference
My two daughters love playing spot the difference. Come to think of it, so do I. If I love it, and my daughters love it, then maybe my students will love it.
So, thinking of a different way to deliver Hard and Soft HRM, I came up with this very, very simple idea. Spot the difference.
On a sheet of paper I had two stories of two different businesses. One who adopted a hard approach and one who adopted a soft approach. Wrote the stories myself I did. Both stories contained the key features of both approaches (temp contracts, autocratic management etc for hard and the opposite for soft) and lots of data (increasing labour turnover and absenteeism for hard, declining for soft etc etc etc).
Then, my students had to play spot the difference.
The results, well, each student had built up a complete picture of the difference between both approaches along with the key features and the pros and cons of each approach.
It worked a treat. Didn’t feel as though they were being taught at all. Far better than running through the differences on the board.
We then analysed the issues and did some evaluation.
Job done.
Innocent Drinks - Teaching Accounts Exercise
Innocent Drinks has just published its 2008 accounts (they are required to submit them within 9 months of their financial year-end). They make interesting reading!
read more...»Sainsbury’s and the electric vehicle superhighway
This story seems like a good example of how understanding your customers can help to develop a competitive advantage. Sainsbury’s already claim that they are one of the country’s biggest users of electric vehicles, and are now encouraging their customers to follow their lead by installing vehicle recharging points for customers’ use at eleven of their London stores. They will not charge for the service, which presumably will enable customers to top up their cars for an hour or so while they do their shopping. Neil Sachdev, Sainsbury’s commercial director, said: “This will turn London into an electric vehicle superhighway, giving electric car drivers greater freedom.” According to the company’s press release, almost 70% of harmful particulate emissions in London come from road transport, whereas electric cars have zero emissions when being driven. Electric vehicles result in between 25% and 50 % less CO2 being emitted into the atmosphere and reductions could increase considerably as technology improves.
read more...»Teacher PowerPoint Presentations for AQA BUSS3 & BUSS4
The first editions of our PowerPoint collections for AQA BUSS3 & BUSS4 are now available. Each collections contains a series of professionally-produced PowerPoints which map the content of the new AQA A2 Business Studies specifications.
read more...»Corporate and Functional objectives - how BMW uses the Mini brand
The modern, 21st century Mini may look rather different from the 1950’s original -
- but you can probably see the family resemblance there. There is an interesting article here about how BMW’s designers updated the new model by imagining how it might have looked if redesigned in 1969, 1979, 1989, and finally arriving at the 1999 remodelling which has been so very successful. The brand is being extended and the design features adapted in a range of product developments that range from the two-seater convertible shown at the top of this article to a four-door 4x4 cross-over model which will go into production this winter.
Marketing Objectives in Action
A great article on Sainsbury’s strategy to accelerate its growth plans. I used this article as an example of what Internal and External constraints their can be on a businesses Marketing Objectives, but it could also be used for the impact on Operations, HR or Finance.
read more...»Success with AQA Unit 3 - Market Analysis
Michelle and I are putting the final touches to some new teaching resources for the AQA A2 Business Unit 3 INSET days in London and Manchester next week. One of the areas of focus will be Marketing analysis where the BUSS3 specification poses some new teaching challenges…
read more...»AQA A2 Business (BUSS3) - Introduction to BUSS3
AQA Business students who probably breezed through AS Unit 1 (a relaxing step down from legacy GCSE) and put in a more sustained effort to pass Unit 2 will need to raise their game for the two A2 units. The true challenge comes with BUSS4. But let’s look briefly here at BUSS3.
read more...»Exam Board resources
Exam board specific materials will be added to the relevant subject blog categories
