12
AQA GCE Business Studies BUSS1- Planning & Financing a Business EXAM PAPER TOPIC TRACKER Keep track of which topics have been examined in the real papers for BUSS1

AQA BUSS1 Topic Tracker - tutor2u GCE Business Studies BUSS1- Planning & Financing a Business EXAM PAPER TOPIC TRACKER Keep track of which topics have been examined in the real papers

Embed Size (px)

Citation preview

AQA GCE Business Studies

BUSS1- Planning & Financing a Business

EXAM PAPER TOPIC TRACKER Keep track of which topics have been examined in the real papers for BUSS1

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

You might also find the following resources for BUSS1 from tutor2u useful:

BUSS1 Revision Guide

AQA AS Business (BUSS1) - Revision Quizzes

AQA AS Business (BUSS1) - The Basics for Revision

AQA BUSS1 Pierre’s Personalised T-Shirts - Observations & Suggested Answers

AQA AS Business (BUSS1) Opportunities for Evaluation

AQA AS Business (BUSS1) - Key Topic Revision Checklist

AQA AS Business (BUSS1) - Specification Resource Map

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

Enterprise and Entrepreneurs

Entrepreneurs Explain a personal characteristic of the entrepreneur (3)

Motives for starting a business

Downsides of starting a business

Risk and reward

Opportunity cost Define opportunity cost (2)

Government and entrepreneurs

State two ways in which the government supports entrepreneurs (2)

Generating and Protecting Business Ideas

Sources of business ideas

What makes a good idea?

Franchises Evaluation of decision to set up as an independent business rather than buy a

What is meant by the term “franchisee”? (2)

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

franchise (17)

Protecting a business Idea

Explain two possible benefits from having a patent (7)

Analysis of benefits of a franchisor protecting business idea & products (10)

Transformation Resources into Goods and Services

Inputs to the transformation process

Outputs from the transformation process

Adding value Define adding value (2)

Explain how personalizing a product can add value (4)

Business Plans

Contents of a business plan

Limitations of a business plan

Sources of information and guidance

Market Research for a Start-up

Primary Research Define primary State an alternative method of primary

Explanation of why a startup chooses to

Evaluation of the strength of market

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

market research (2) research to the ones used (1)

Analysis of the limitations of the primary research undertaken (9)

use primary market research (6)

research carried out (15)

Secondary Data

Quantitative and qualitative research

What is meant by the term “qualitative market research”? (2)

Explain how results of qualitative market research benefited the business (6)

Sampling Define quota sampling (2)

Define random sample (2)

Understanding Markets

Defining a market Calculate market share (3)

Calculate the size of the market (4)

Calculate the size of the market (4)

Define an electronic market (2)

Geographical markets

Factors affecting demand

Evaluation of the factors that affect demand for case study products (13)

Introduction to market segmentation

Why use market segmentation?

Explain two benefits of targeting a market segment (6)

Explain an advantage of targeting a niche market (4)

Explain two problems of moving away from a market niche (6)

Defining what is meant by a market segment (2)

Demographic

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

segmentation

Geographic segmentation

Limitations of market segmentation

Analysing market data

State formula for calculating market share % (2)

Choosing a Legal Structure

Defining the different structures

Comparing the different structures

Discussion of the decision to change from being a sole trader to a private limited company (14)

Analysis of two benefits of forming a partnership (10)

Social enterprises

Sources of Finance for a Start-up

Internal sources

External sources Analysing two benefits of arranging a bank overdraft (10)

Analysis of benefits of having a bank overdraft (10)

Analysis of reasons for choosing personal sources of finance rather than a bank loan (10)

Personal sources

Choosing the right Evaluation of the

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

source of finance choice of venture capital over bank loan as source of finance (14)

Choosing the Business Location

Factors affecting the choice of location

Evaluation of the choice of location for the new business (17)

Define the term “infrastructure” (2)

Evaluation of the decision to locate a business in a city centre (15)

Technology & home-based start-ups

Employing People

Full-time employees

Part-time employees Explain two advantages of using part-time employees in the business (6)

Temporary contracts Analyse the possible reasons for employing a mixture of permanent and temporary employees (10)

Consultants and advisers

Analyse the benefits of using a consultant (9)

Flexible working

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

Calculating Costs, Revenues and Profits

Meaning & importance of profit

Measuring sales Calculation of forecast customer numbers (3)

Measuring costs Definition of “fixed costs” (2)

Calculation of profit Calculation of expected profit in the first year of trading (5)

Calculation of budgeted profit (5)

Calculation of expected profit (3)

Calculation of added value (3)

Using Break-even Analysis in Decision-making

Contribution Calculation of total contribution (4)

Calculate the forecast “total contribution” for in 2010 (5)

Calculation of total contribution (3)

Break-even level of output

Calculate break-even quantity (5)

Calculation of change in forecast break-even output (7)

Using a table to calculate break-even output

Using a formula to calculate break-even output

Using break-even chart to calculate and illustrate break-even calculations (6)

Using a chart to calculate break-even

Amending a break-even chart to show

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

output impact of two changes (4)

Changes to break-even

Calculate the change in break-even output (6)

Analysis and evaluation of options to reduce the break-even output (15)

Strengths and limitations of break-even analysis

Cash Flow Forecasting

The nature of cash flow

Define the term cash flow (2)

How to forecast cash flow

Complete the cash flow forecast by calculating missing figures for opening balance & net cash flow (2)

Why cash flow forecasting is important

Evaluation of the role of cash flow forecasting in determining success of the business (15)

Limitations of cash flow forecasting

Sources of information for cash flow forecasts

Setting Budgets

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

Why businesses use budgets

Sales budget What is meant by the term “income budget”? (2)

Expenditure budget Explanation of problems with expenditure budget setting (6)

Profit budget Calculation of profit budget (5)

Calculation of budgeted profit (3)

Methods of setting the budgets

Limitations of budgets

Discussion of difficulties faced by the entrepreneur in setting a first budget (14)

Assessing Business Start-ups

The risks and causes of business failure

Evaluation of whether the startup will achieve its two key objectives (16)

Evaluation of whether the startup is likely to achieve its main objective for the first year (15)

Assessing the business plan

Evaluate whether the business is likely to achieve its business

Evaluation of the role of business planning in the early success of the business (16)

Evaluating the overall strength of business planning (16)

Evaluation of whether shortfalls against plan are outside of entrepreneur’s

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Marks shown in brackets

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012

Youssef’s Accessories

Steve’s Customised Cars

Love Wood Anya’s Restaurant Tom’s Hairdressing Salon

Kate’s Catering Pierre’s Personalised T-Shirts

The Party Entertainer

objectives (17) control (15)

AQA AS Business Studies (BUSS1) – Topic Tracker

www.tutor2u.net

Keep up-to-date with AQA BUSS1 with these tutor2u resources:

BUSS1 – Specification Basics – Key Notes

BUSS1 Revision Guide

BUSS1 – Teacher Blog

BUSS1 – Specification Map

BUSS1 – Digital Course Companion

BUSS1 – Teacher PowerPoint Collection

BUSS1 – Practice Exam Papers (Volume 1)

BUSS1 – Revision Quizzes

BUSS1 Student Revision Workshops (December)

BUSS1 Key Term Quiz Bank

BUSS1 Key Topic Revision Checklist

BUSS1 Recommended Reading List

BUSS1 – Recommended Websites