GCSE
Business - AQA
Homework and revision materials for your GCSE Business AQA ‘9-1’ studies and exams
Finance
Businesses need to consider how they will fund their activities when starting up as well as during their day-to-day operations. Various costs need to be covered, such as equipment, stock and paying bills.
Sources of finance - AQA
Cash flow - AQA
The management of cash and cash flow is important as it can prevent a business from failing. Cash flow is the way that money moves in and out of a business and its bank accounts.
Financial terms and calculations - AQA
Financial terms and calculations includes revenue, costs, profits and loss, average rate of return, and break-even. These financial elements inform key decisions in every business.
Analysing financial performance of a business - AQA
Analysing financial performance in business is key to achieving success. Businesses use key financial statements to help them achieve this.
Human resources
Organisational structures - AQA
Businesses use organisational structures to illustrate job roles and responsibilities. Organisational structures show who each employee reports to in their job.
Recruitment and selection - AQA
One of the most important aspects of a business is its employees. Businesses must have good recruitment and selection techniques in place so that they find the best employees when they need them.
Motivating employees - AQA
Motivation determines how hard employees are willing to work for a business and how productive a business is. A business can motivate its employees through financial and non-financial methods.
Training - AQA
Businesses train their employees through a variety of methods to improve knowledge and enhance skills. This has many benefits for both the business and the employees.
Business operations
Production processes - AQA
A business must choose the right production method to suit its needs. They also have a choice between keeping surplus stock or using just-in-time stock control in order to meet customer demand.
The role of procurement - AQA
Procurement are responsible for the purchase and management of stock and supplies. Procurement have to decide which suppliers to use and hold a vital role in the supply chain.
The concept of quality - AQA
Quality is essential to a business’ success. Customers must be happy with the products and services they receive. If they are not, a business is unlikely to gain a good reputation or repeat customers.
Good customer service - AQA
Some businesses rely on good customer service to give them an advantage over their competitors. This can start before a customer has made a purchase and continue afterwards.