Developing Exam Skills - BUSS3
One of the key areas of BUSS3 is the final question, one which many, many students struggle to get to grips with. The key to this question is getting students to build logical arguments from the data within the case study. In my opinion, the sooner the students start analysing data and using it to build arguments, the better.
With this in mind, I did this activity with my Year 12’s to develop this skill and it worked really, really well….
read more...»Analysing the Business Data - Marriage in Decline
The chart below shows how the number of marriages in the UK has changed since the Second World War. The red line shows a 10-year moving average (i.e the average number of marriages per year measured over the previous 10 years). Answer the data response questions below.
read more...»Lesson Worksheet - Gross Profit Basics
Here is a new lesson worksheet actvity which allows you to test student’s understanding of the basics of gross profit and gross profit margin.
Download lesson worksheet on gross profit and gross profit margin
Data watch - what happened to consumer spending in the UK recession?
Putting to one side all the newspaper and tv stories of how consumers behaved during the recent recession in the UK, what does the data show? What were the real trends and how did consumers behave compared with the long preceding period of economic growth in the UK?
read more...»Measuring labour productivity - Google revenue per employee
Although it doesn’t appear too often in the textbooks, a common approach to measuring efficiency and labour productivity in real-life business is to track revenue (or sales) per employee…
read more...»Excel AS Teaching Resource: Cash Flow Forecast
Free interactive Excel files designed to teach AS students how to apply the concepts of cash flow. These files are designed to automatically inform students as to whether their answers are correct using prompts. Negative cash balances turn red to facilitate students understanding of overdrafts / cash flow. Ideal for BUSS1. Three files are available. A low ability version, a teacher suggested answer and a higher ability question utilising ‘what-if’ analysis.
read more...»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...»Analysing the data - whatever happened to industrial action?
The data chart below shows the annual number of working days lost (to businesses) as a result of industrial action. Using the chart as a stimulus material, answer the following questions:
read more...»Analysing the data - business failures
In the first of a regular series of business data resources, here is some information about the rate of business failures in the UK which will provide A2 students with practice at analysing and intepreting data.
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