WEEK 1 - 27 January
Week | Routine homework | NEA work | Revision topic | Revision strategy | Revision check | Intervention programme | |||
27 January | SAQ / key terms | Not applicable | 3.1 Business in the real world
3.1.1 Purpose and nature of business 3.1.2 business ownership | Think about any small businesses / charities that are situated in your local area; make a list of the reasons why you think these businesses may have started up - think context Make a table that categorises 5 examples of goods and 5 examples of services Select one of these businesses and draw the factors of production this business uses to provide its products Draw a diagram showing the sectors of industry involved in the production of a loaf of bread List three examples of decisions that you have made which have involved making a choice – what was the opportunity cost each time? Choose your favourite entrepreneur – list the personal characteristics that have contributed to their success List the different changes businesses may face that are outside their control e.g. levels of competition / changes in technology Draw a mind map which contains the pros and cons of the different legal structures; be sure to cover liability, management and control, sources of finance and how profits are shared Weigh up the reasons why a business may want to keep its legal structure the same or why it may want to change it Choose a new business start-up, a sole trader, a ltd, a plc & not-for-profit organisation, make a table and list 3 different aims / objectives that each business may set; highlight any differences and think about why these differences exist – think context | Knowledge organisers Dual coding Concrete examples Cognitive load Forgetting | Weekly firefly upload – with checkpoints | Good Service Factors of production Opportunity cost Primary sector Secondary sector Tertiary sector Enterprise Entrepreneur External environment Dynamic Unlimited liability Limited liability Sole trader Partnership Private limited business Public limited business Not for profit organisations (NFPs)
| Mondays Mentoring |
WEEK 2 - 3 February
Week | Routine homework | NEA work | Revision topic | Revision strategy | Revision check | Intervention programme | |||
3 Feb | SAQ / key terms | Not applicable | 3.1 business in the real world
3.1.3 setting business aims and objectives 3.1.4 stakeholders 3.1.5 business location | Create a mind map that shows the reasons why businesses set objectives including how objectives can be used to measure business success; add in other ways that success can be measured by businesses Produce a whole topic mind map which shows five key stakeholders, their objectives and how these objectives may conflict; include examples of how stakeholders can influence business activity and how businesses impact stakeholders For a large supermarket, a clothing store, a web design business and a car manufacturer rank the different factors of location in terms of importance - think context | Knowledge organisers Dual coding Concrete examples Cognitive load forgetting | Weekly firefly upload – with checkpoints | Aims Objectives Stakeholders
| Monday mentoring |
WEEK 4 - 10 February
Week | Routine homework | NEA work | Revision topic | Revision strategy | Revision check | Intervention programme | |||
10 Feb | SAQ / key terms | Not applicable | 3.1 business in the real world
3.1.6 business planning
3.1.7 expanding a business | Create a mini business plan; list the main sections found within the plan and the pros and cons of producing this plan for a new business start-up Create numerical flash cards with the formula and meaning of total revenue, total costs, total variable costs, profit / loss, average unit costs; make sure you can reverse calculations successfully e.g. profit + total costs = revenue Create a whole topic mind map linked to growth; split your map into organic and external growth & include the pros and cons of the 4 organic and 2 external methods of growth | Knowledge organisers Dual coding Concrete examples Cognitive load Forgetting | Weekly firefly upload – with checkpoints |
Business plan Revenue Fixed costs Variable costs Profit Unit cost Economies of scale Diseconomies of scale Organic growth Inorganic growth Franchise E-Commerce Outsourcing Merger Takeover
| Monday mentoring |
WEEK 4 - Half Term Week
Week | Routine homework | NEA work | Revision topic | Revision strategy | Revision check | Intervention programme | |||
HOLIDAY | SAQ / key terms | Not applicable | 3.2 INFLUENCES ON BUSINESS
3.2.Technology
3.2.2 Ethical & encvironemental considerations
3.2.3 the economic climate | Choose a business and list the different ways it uses ICT to communicate with its stakeholders as well as in its business operations - think context Plan a balanced argument as to the reasons why businesses should or should not act in a morally acceptable way – refer to the terms ethics, environmental factors & sustainability in your plan; link to real life examples if you can Plan a chain of argument about how a rise in interest rates would impact a budget retailer & a store that sells designer goods; include in your chain the terms disposable income, consumer spending, levels of employment - think context | Knowledge organisers Dual coding Concrete examples Cognitive load Practice questions Forgetting | Weekly firefly upload – with checkpoints | E-commerce Digital communication Ethics Environmental considerations Sustainability Employment Consumer spending | Monday mentoring |