Keep up to date with news from Cambridge and its schools around the world. BTEC, Academic qualification provides knowledge of a subject eg. research that uses information that is already gathered from people.
E.g. What are the difference recruitment methods? Hide Show resource information.

why do business carry out market research, information that has not been existed before but found through field research. Disadvantage of being a limited liability: When the business bank account and the personal bank account are not separate. The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd. Register Number: 04666380 (England and Wales), VAT No. Competitors will usually have entered the market at this stage. V1.0. © Copyright The Student Room 2017 all rights reserved. transport and accommodation, lower stock holding means a reduction in storage space which saves rent and insurance costs.

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806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE, Taking a break or withdrawing from your course, A person who sets up their own business and is willing to take a risk, Is when a business mergers/takeovers a business that it supplies goods and services to.
2020 Specimen Paper 1 (PDF, 162KB) 2020 Specimen Paper 1 Mark Scheme (PDF, 134KB) 2020 Specimen Paper 2 (PDF, 147KB) 2020 Specimen Paper 2 Mark Scheme (PDF, 142KB) 2020 Specimen paper 2 Insert (PDF, 290KB) A wider range of skills or qualifications can be obtained, More expensive - e.g. Past exam papers are a fantastic way to prepare for an exam as you can practise the … sharen9. MARK SCHEME – GCSE BUSINESS – 8132/1 – ADDITIONAL SPECIMEN . employees receive training whilst remaining in the workplace. the 4 variables that are important when marketing a product, attempting to make your product stand out from competitors, quanitity that consumers are willing to be able to buy at a current price level. Match. Business Studies; Unit 1 - Business Activity, Unit 2 - Marketing, Unit 3 - People; GCSE; OCR; Created by: simran; Created on: 20-01-20 22:51; What is an entrepreneur? What is the purpose of the HR department? Job enrichment: staff are given more interesting and challenging tasks. Introduction The Pearson Edexcel Level 1/Level 2 GCSE (9-1) in Business is designed for use in schools and colleges. All the business debts rest with the owner. 1 of 142. GCSE Business Studies is designed for students finishing secondary school to learn skills for running a business, such as managing money, advertising and employing staff. A balance sheet shows what the business owns and owes (its assets and its liabilities). Business Studies, Business Communications and Business Studies and Economics: Unit 1: Introduction to Small Business (5BS01/01) - Past Paper Currently Unavailable- Download Mark Scheme. Business Studies: Unit 3: Building a Business (5BS03/01) - Download Past Paper - Download Mark Scheme What is forward vertical growth? Paper 1 5 Paper 1 mark scheme 23 Paper 2 37 Paper 2 mark scheme 57. Section A has multiple choice questions and short answer questions worth 2 0 marks. A balance sheet shows the value of a business on a particular date. By clicking any link on this page you are giving your consent for us to. shows weather the business has made a profit or a loss over a period of time- usually a year. the point at which the costs of producing a product equal the revenue made from selling the product.

a management approach to long-term success through customer satisfaction. Gravity. What are the characteristics of an entrepreneur? The debts of the business is limited to the amount that was invested. Cambridge Assessment International Education, Find out how to become a Cambridge school. Look under ‘Past Examination Resources’ and filter by exam year and series. newspapers, magazines, sensors, website, internal data, Collecting data about peoples thoughts and opinions (open questions), Collecting is this statistical data (close questions), Breaking down the market to identify a target market, Introduction, Growth, Maturity. secondary research . What is the purpose of marketing research? shows the value of a business, current assets - stock / current liabilities, how easy it is for a business to pay off it's debts, working for a proportion of the full working week, also known as fringe benefits. Survival, Profit, Provide a service, Growth, Increase market share, Customers, Suppliers, Government, Local community, Increasing output, Gaining new customers, Developing new products, Increasing market share, Cheaper method of growth, Can stay in control of business, Growing externally through mergers and takeovers, Quicker way to grow, Access more customers, A merger or take over where 2 businesses are involved in a similar operation, Is when a business mergers/takeovers a business that supplies it with its goods and services, Is when a business mergers/takeovers a business that is completely different (have no connection), Reduces risk due to having another market as a back up, Lack of knowledge and expertise of the market. PAPER 1 . the combination of promotional methods used by a business, destine way the goods/services is transferred from producer to customer, a middleman that buys in bulk hold stocks and sells to mainly retailers not customers. Write.

Your personal assets can not be taken away. 2 . They are designed to give knowledge and skills relating to a specific career eg. STUDY.

setting a price below cost hoping to gain other profitable sales, setting a price at a low level to gain a greater market share. This occurs when employees are taken away from their place of work to be trained. 0.0 / 5.

If their products are as good but cheaper the company may lose some of its market share.

What 2 businesses have unlimited liability? Business Studies GCSE Past Papers; Business Studies GCSE Past Papers; Business Studies GCSE Past Papers. This section includes recent GCSE Business Studies past papers from AQA, Edexcel, OCR, WJEC and CIE IGCSE. PLAY. The Duke of Edinburgh's International Award, Teaching and learning when school is closed, Teaching and Learning when school returns, Cambridge Professional Development Qualifications, Novel coronavirus - Information for schools about the COVID-19 (coronavirus) outbreak, Online Learning – professional development, Past papers, examiner reports and specimen papers. Lean production is an approach to management that focuses on cutting out waste, whilst ensuring quality.

If you are not sure which exam board you are studying ask your teacher. Spell. Praise, Award scheme, Working environment. information that has not been existed before but found through field research. Disadvantages of using financial method to motivate staff:: What non-financial methods can be used to motivate staff? Some images used in this set are licensed under the Creative Commons through Flickr.com.Click to see the original works with their full license. Internal method (E-mail, newsletter), External methods (Advertisement, recruitment agency, newspaper), Job description and person specification, Creates another vacancy within the business, CV, Application form, Letter of application, Interview, Tests, Group activities, Reference. From 2020, we have made some changes to the wording and layout of the front covers of our question papers to reflect the new Cambridge International branding and to make instructions clearer for candidates - learn more. Identifying & Understanding customers needs, Reserach conducted first hand e.g questionnaries, inteviews, trialling, focus groups, Using secondhand research that already exist e.g. OCR Business Paper 1. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.


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