Edexcel A-level Business Year 13 revision

Topic 3.1: Business objectives and strategy

It builds on what you learned at AS in External influences, and takes it further.

There are 14 parts: we start with analysing the strategic position, and finish with porter's Five Forces and competitor analysis.

1. 3.1.1Analysing the strategic positionFree 14 questions
2. 3.1.2Mission, corporate objectives, strategy and tactics30 questions
3. 3.1.3SWOT analysis and assessing the strategic position23 questions
4. 3.1.4Ansoff's matrix: choosing products and marketsFree 73 questions
5. 3.1.5Porter's generic strategies31 questions
6. 3.1.6Functional strategies: operational, financial, marketing and HR27 questions
7. 3.1.7Political and legal influences on strategyFree 26 questions
8. 3.1.8Economic influences: growth, inflation, unemployment, interest rates and the business cycle49 questions
9. 3.1.9Government economic policy: fiscal, monetary and supply-side37 questions
10. 3.1.10Social and demographic influences30 questions
11. 3.1.11Technological change and digital disruption26 questions
12. 3.1.12Environmental influences and sustainability29 questions
13. 3.1.13Competition policy and the regulation of markets74 questions
14. 3.1.14Porter's Five Forces and competitor analysis35 questions

Topic 3.2: Business growth

It builds on what you learned at AS in Entrepreneurs and leaders, and takes it further.

There are 8 parts: we start with strategic direction and methods, and finish with digital technology and e-commerce strategies.

1. 3.2.1Strategic direction and methods14 questions
2. 3.2.2Changing scale: economies and diseconomies of scaleFree 31 questions
3. 3.2.3Organic (internal) growth27 questions
4. 3.2.4External growth: mergers, takeovers and acquisitions23 questions
5. 3.2.5Joint ventures, strategic alliances and franchising27 questions
6. 3.2.6Reasons for staying small and Greiner's growth model51 questions
7. 3.2.7Innovation strategies: R&D, product and process innovation31 questions
8. 3.2.8Digital technology and e-commerce strategies34 questions

Topic 3.3: Decision-making techniques

It builds on what you learned at AS in Financial planning, and takes it further.

There are 5 parts: we start with sales forecasting, and finish with critical path analysis.

1. 3.3.1Sales forecasting: time-series analysis, moving averages and extrapolation71 questions
2. 3.3.2Investment appraisal: payback and average rate of returnFree 62 questions
3. 3.3.3Investment appraisal: net present value and discounting57 questions
4. 3.3.4Decision trees and expected values28 questions
5. 3.3.5Critical path analysis33 questions

Topic 3.4: Influences on business decisions

It builds on what you learned at AS in Managing people, and takes it further.

There are 5 parts: we start with data-driven versus intuitive strategic decision-making, and finish with business ethics in strategic decision-making.

1. 3.4.1Data-driven versus intuitive strategic decision-making77 questions
2. 3.4.2Organisational culture: Handy and Hofstede29 questions
3. 3.4.3Shareholders and stakeholders: influence and conflict in strategic decisionsFree 33 questions
4. 3.4.4Corporate social responsibility and strategy30 questions
5. 3.4.5Business ethics in strategic decision-making33 questions

Topic 3.5: Assessing competitiveness

It builds on what you learned at AS in Managing finance, and takes it further.

There are 4 parts: we start with interpreting published accounts and the limitations of ratio analysis, and finish with measuring competitiveness.

1. 3.5.1Interpreting published accounts and the limitations of ratio analysis55 questions
2. 3.5.2Profitability and liquidity ratiosFree 48 questions
3. 3.5.3Gearing, ROCE and efficiency ratios46 questions
4. 3.5.4Measuring competitiveness: productivity, unit costs and efficiency60 questions

Topic 3.6: Managing change

It builds on what you learned at AS in Managing people, and takes it further.

There are 8 parts: we start with managing change and global business, and finish with risk, uncertainty and scenario planning.

1. 3.6.1Managing change and global business52 questions
2. 3.6.2Causes of change: internal and external, planned and unplannedFree 28 questions
3. 3.6.3Lewin's force field analysis and model of change68 questions
4. 3.6.4Resistance to change and Kotter and Schlesinger20 questions
5. 3.6.5Organisational structure and structural change28 questions
6. 3.6.6Leadership and the management of strategic change36 questions
7. 3.6.7Strategic implementation, problems with strategy and corporate failure38 questions
8. 3.6.8Risk, uncertainty and scenario planning33 questions

Topic 4.1: Globalisation

It builds on what you learned at AS in External influences, and takes it further.

There are 3 parts: we start with globalisation, and finish with international trade.

1. 4.1.1Globalisation: causes, growth and impact on businessFree 47 questions
2. 4.1.2Emerging economies and measures of economic development29 questions
3. 4.1.3International trade: free trade, protectionism, WTO and trading blocs74 questions

Topic 4.2: Global markets and business expansion

There are 4 parts: we start with assessing a country as a market, and finish with global competition and competitive strategy.

1. 4.2.1Assessing a country as a market25 questions
2. 4.2.2Assessing a country as a production location52 questions
3. 4.2.3Exchange rates and international trade72 questions
4. 4.2.4Global competition and competitive strategy69 questions

Topic 4.3: Global marketing

It builds on what you learned at AS in Marketing mix and strategy, and takes it further.

We will go through it step by step.

1. 4.3.1Global marketing mix and cultural differencesFree 68 questions

Topic 4.4: Global industries and companies (multinational corporations)

There are 4 parts: we start with impact of multinationals on host countries, and finish with controlling multinationals.

1. 4.4.1Impact of multinationals on host countries30 questions
2. 4.4.2Impact of multinationals on home countries and local competitors32 questions
3. 4.4.3Ethical issues in global operations and supply chains55 questions
4. 4.4.4Controlling multinationals: regulation, tax and codes of conduct27 questions

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