A Level Business CCEA
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162 topics in 51 modules
☑️ Enterprise and Entrepreneurship 3 topics
- Entrepreneurial Characterisitics
- Key Resources of a Business Enterprise
- Motivation to set up in business
☑️ Central Purpose of Business Activity 2 topics
- Adding Value
- Competitive Advantage
☑️ Forms of Business Ownership 1 topic
- Forms of Business Ownership
☑️ Stakeholder Groups 1 topic
- Stakeholder Groups
☑️ Markets and Market Forces 4 topics
- Consumer Goods and Services Market
- Capital Goods Market
- Labour Market
- Mass and Niche Markets
☑️ Quality Management 1 topic
- What is Quality?
☑️ Approaches to and Measures of Quality 4 topics
- ISO 9000
- Quality Assurance
- Quality Control
- TQM
☑️ Productivity and Investment 1 topic
- Methods of Production
☑️ Organisational Design 2 topics
- Centralisation vs Decentralisation
- Outsourcing
☑️ Investing in People 6 topics
- Appraisal
- Online technology
- People investment and planning
- Psychometric testing
- Recruitment and selection
- Training and Development
☑️ Motivation 3 topics
- Management theorists
- Monetary methods of motivation
- Non-monetary methods of motivation
☑️ Principles of management and leadership 1 topic
- Management and leadership styles
☑️ Spectrum of Competition 1 topic
- Market share, market growth and market size
☑️ Market research 4 topics
- Reasons for market research
- Types of primary and secondary market research
- Sampling
- Qualitative and quantitative research
☑️ Marketing mix 1 topic
- Marketing mix
☑️ Elasticity of demand 1 topic
- Elasticity of demand
☑️ Product life cycle 2 topics
- Stages
- Extension strategies
☑️ Market planning and strategy 2 topics
- Marketing plan
- Market segmentation
☑️ E-Business/E-Commerce 2 topics
- Nature of e-business
- Growth in business use of social media
☑️ Sources of finance 1 topic
- Internal and external sources of finance
☑️ Break-even analysis 3 topics
- Break-Even Analysis
- Margin of safety
- Contribution
☑️ Cash flow 2 topics
- Difference between cash and profit
- Importance of cash flow
☑️ Cash flow forecast 1 topic
- Cash flow forecast
☑️ Budgeting 3 topics
- Benefits of budgeting
- Fixed and flexible
- Problems of preparing budgets
☑️ Financial statements 1 topic
- Financial statements
☑️ Final accounts 1 topic
- Final accounts
☑️ Business Objectives 4 topics
- Mission statements
- Factors influencing business objectives
- Short-term and long-term objectives
- Conflict
☑️ Organisational culture 3 topics
- Models of culture in a business
- Factors influencing culture in a business
- Changing organisational culture in a business organisation
☑️ Stakeholder objectives 1 topic
- Stakeholder objectives
☑️ Communication 2 topics
- Impact of technology on communications
- Barriers to effective communication
☑️ Economies and diseconomies of scale 1 topic
- Economies and diseconomies of scale
☑️ Business strategy and planning 9 topics
- Business Plan
- Analyse the current position SWOT and PESTEL
- Sources of finance
- Developing and implementing strategies
- Porter's Generic Strategy
- Bowman's Strategy Clock
- Kaplan and Norton's Balanced Scorecard model
- Elkington's Triple Bottom Line
- Key Performance Indicators (KPIs)
☑️ Decision tree analysis 3 topics
- Drawing a decision tree
- Making calculations
- Showing decisions
☑️ Risk and uncertainty 1 topic
- Contingency planning
☑️ Company accounts 1 topic
- Interpreting company accounts
☑️ Ratio analysis 1 topic
- Performance ratios
☑️ Investment appraisal 2 topics
- Investment appraisal
- Payback and Net Present Value (NPV)
☑️ Macroeconomic framework 4 topics
- Business cycles
- Importance of business confidence
- Mixed economy
- Role of enterprise in resource allocation
☑️ Government policies 3 topics
- Government policy objectives
- Economic instruments used to achieve these objectives
- Effects of these objectives and instruments on business
☑️ 1 topic
- Business strategies to deal with government policy
☑️ Globalisation 11 topics
- Nature of global business
- Reasons for globalisation
- Global business strategies
- Foreign direct investment
- Methods of entering global markets
- Reasons for trading globally
- Impact of trading globally
- Opportunities/Threats of globalisation
- Global marketing
- Regulations related to trading globally
- Global business data
☑️ Business ethics and organisational culture 2 topics
- Ethical codes
- Ethical issues
☑️ Sustainability 1 topic
- Sustainable business activities
☑️ Corporate social responsibility (CSR) 1 topic
- Corporate social responsibility (CSR)
☑️ Influence of stakeholder groups 1 topic
- Influence of stakeholder groups
☑️ Organisational design 4 topics
- Organisational structures
- Chain of command
- Span of control
- De-layering
☑️ Monopolies, mergers, takeovers and restrictive practices 1 topic
- Monopolies, mergers, takeovers and restrictive practices
☑️ Change 7 topics
- Types of change in a business
- Importance of change in business activity
- Managing information as a resource in business
- Modelling change in a business context
- Causes and effects of change in business
- Resistance to change
- Strategies to overcome resistance to change
☑️ The External Business Environment 18 topics
- Current Issues: business ethics
- Current Issues: corporate social responsibility
- Current Issues: environmental issues
- Current Issues: government influence
- Current Issues: technological developments
- Global Issues: effects of globalisation on business
- Global Issues: EU policies, such as Single European Market, EU Enlargement, European Monetary Union, Social Chapter
- Global Issues: exploitation of local resources
- Global Issues: foreign control of the economy
- Global Issues: foreign direct investment
- Global Issues: joint ventures
- Global Issues: other current developments and their effect on UK organisations, such as the Association of South East Asian Nations (ASEAN) and China
- Global Issues: reasons for the growth of multinational companies (MNCs)
- Global Issues: the effects of MNCs on home country
- Global Issues: the effects of MNCs on host country
- Global Issues: the EU and its effect on UK organisations
- Global Issues: the impact of external factors on organisations
- Global Issues: transfer pricing
☑️ The Internal Business Environment 16 topics
- Equality and diversity: Impact of the Equality Act 2010 on organisations
- Equality and diversity: Training, transfers and progression opportunities
- Leadership: Comparison of managers and leaders, including personal qualities
- Leadership: Leadership theories such as Trait and Contingency
- Management: Human Relations including Mayo and McGregor
- Management: Management Contingency
- Management: Management Systems
- Management: Management thought; Classical including Fayol, Taylor and Weber
- Managing Change: Approaches to managing change, such as top-down, participative, negotiated, piecemeal, and action-centred
- Managing Change: Factors affecting the success of change management, such as organisational culture
- Managing Change: Stages of changes, such as Kurt Lewin's theory
- Teams: Belbin's team roles
- Teams: characteristics of effective teams
- Teams: impact of team working
- Teams: stages of development such as Tuckman
- Time and task management: Principles, methods and use of time and task management
☑️ Evaluating Business Information 10 topics
- Research: Research techniques, referencing, bibliography
- Analytical techniques: Preparation, description and analysis of: Force-field diagram
- Analytical techniques: Preparation, description and analysis of: SWOT
- Analytical techniques: Preparation, description and analysis of: Critical Path
- Analytical techniques: Preparation, description and analysis of: Gantt Chart
- Evaluating financial and other information: reported financial information
- Evaluating financial and other information: annual reports
- Evaluating financial and other information: government statistics
- Evaluating financial and other information: market data
- Evaluating financial and other information: customers surveys
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A Level Business CCEA Revision Content
Take a look at the written content available for this course. Practice-question availability may vary.
A Level Business CCEA - Enterprise and Entrepreneurship - Entrepreneurial Characterisitics Content Preview
Enterprise and Entrepreneurship
Entrepreneurial Characterisitics
Entrepreneurial Characteristics
- Innovative: Entrepreneurs often come up with new ideas for products or services, or for ways to improve existing ones.
- Risk-taking: Entrepreneurs are willing to take calculated risks to achieve their business goals.
- Self-Motivated: Entrepreneurs are driven to achieve their goals and are willing to put in the hard work necessary to succeed.
- Visionary: Entrepreneurs can visualise the future and how their actions will impact it.
- Adaptable: With the ability to react quickly to unforeseen circumstances, entrepreneurs can pivot and shift their plans as required.
Skills and Comfort with Ambiguity
- Leadership: Ability to inspire and lead others towards achieving the business goals.
- Decision-making: Entrepreneurs need to be confident in their decisions under conditions of high uncertainty.
- Persuasion and Negotiation: Critical when dealing with stakeholders including investors, customers, and employees.
Entrepreneurial Passion and Perseverance
- Perseverance: Entrepreneurs often face many challenges in their journey and a common trait among successful entrepreneurs is never giving up.
- Passion: Entrepreneurs love what they do; this passion drives their ambition and helps them overcome obstacles.
Degree of Internal Locus of Control
- Internal Locus of Control: Entrepreneurs believe that they can influence their outcomes and don't rely on external factors or luck.
- Responsibility: Accepting and learning from failures and making necessary improvements shows a high degree of accountability.
Entrepreneurial Alertness
- Alertness to Opportunities: Entrepreneurs are always scanning the environment for new business opportunities.
- Problem-solving: Good at identifying problems and coming up with innovative solutions.
Question: Explain what is meant by an entrepreneur having an internal locus of control.
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