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Welcome
Getting Started
About this course
Contact your Student Success Coordinator
What are Business Aims and Objectives
Starter
Why start a business?
Elon Musk
Wait but why
Elon Musk's objectives
Planning 'To what extent'
To what extent
Review
3 point practice
Business Activity
Business-aims-and-objectives
The-role-of-business-enterprise-and-entrepreneurship
Business-Ownership
Business-planning
Stakeholders-in-business
Business-growth
Marketing
Purpose and types of market research
Using market research
Market segmentation
How the four Ps of the marketing mix work together
Place
Pricing Methods
Product
Product life cycle
Promotion
Human Resources
The-role-of-human-resources
Different-ways-of-working
Organisational-Structures
Communication-in-business
Recruitment-and-selection
Motivation-and-retention
Training-and-development
Employment-Law
What are Business Costs?
What costs does McDonalds have?
Lesson objective: to be able to identify business costs.
Fixed and variable costs
Formula Alert!! Total Costs and Total Variable Costs
TVC question
Party venue
What is revenue and profit
Fill in the table starter
Learning Objective: to learn how to calculate revenue and profit.
Key term alert!!!
Revenue table
Income streams discussion
Increasing revenues
Sam's shoe shop and Fred's fizzy drink factory
Help Sam and Fred increase their profits
Past exam style question Pierre's personalised T-Shirts
Costs and Revenue – the music industry discussion
Semi variable and variable costs
Worksheet for revenue and profit
Examination
British Council