BTEC Tech Award Promotion and Finance for Enterprise Learning Map

You will sit an exam on this unit which is a 2 hour long, paper based exam. Below you can find a series of links to the different subject areas that you need to understand for this exam. Some of the resources will also include questions which you can undertake, before the answers are explained.

Learning Aim A1 - Elements of the promotional mix and their purposes

What you need to know:

  • Aspects of Marketing
  • Promotional Mix
    • Advertising Methods
    • Sales Promotion
    • Personal Selling
    • Public Relations
    • Direct Marketing

Video Resources:

https://youtu.be/ZxgsJ3t1nq0
https://youtu.be/MpBAmPRznGI

Learning Aim A2 - Targeting and segmenting the market

What you need to know:

  • Types of Market
  • Segmenting the Market
    • Demographics
    • Geographic
    • Psychographic
    • Behavioural

Video Resources:

https://youtu.be/bPw-vPVYVfsyou
https://youtu.be/kH26zj67L2o


Learning Aim A3 - Factors influencing the choice of promotional methods

What you need to know:

  • Size of Enterprise
  • Budget
  • Appropriateness
  • Target Market

Video Resources:

In development - updated soon

Section A Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/166-AdvertisingMethods
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/167-PromotionalMethodsQuiz1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/199-PromotionalMixQuickQuiz
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/196-MarkertingPrinciplesQuiz
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/195-IntrotoMarketingQuiz
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/184-MarketingandPromotionAssessement#

Learning Aim B1 - Financial Documents

What you need to know:

  • Invoices
  • Delivery Notes
  • Purchase Orders
  • Credit Notes
  • Receipts
  • Statement of Account

Video Resources:

https://youtu.be/2-G4Vi-nZnk
https://youtu.be/tdt0xw04Dg4

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/168-FinancialRecords
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/171-FinancialStatmentsCompletetheStatement
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/182-FinancialDocumentsQuickRecap
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/174-FinancialDocuments

Learning Aim B2 - Payment Methods

What you need to know:

  • Cash
  • Credit Cards
  • Debit Cards
  • Direct Debit
  • Payment Technologies

Video Resources:

https://youtu.be/aFGiixmLgbI
https://youtu.be/nDd4V4QQIFQ

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/175-PaymentMethods

Learning Aim B3 - Sources of Revenue and Costs

What you need to know:

  • Sales Revenue
  • Sale of Assets
  • Operating Costs
  • Start Up Costs

Video Resources:

https://youtu.be/iuoEbzeS4Ug
https://youtu.be/shVZftWN7pk
https://youtu.be/3hyGWYDzNOk
https://youtu.be/vgIojU9HQfE
https://youtu.be/hc9UpmtpLUk

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/51-HomeworkQuiz-BusinessRevenueCostsandProfit
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/158-StartUpandOperatingCosts
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/3-RevenueCostsandProfitQuiz

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/206-CalculatingRevenueQuizQuiz1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/207-CalculatingCostsQuizQuiz2

Learning Aim B4 - Terminology in Financial Statements

What you need to know:

  • Turnover
  • Cost of Sales
  • Gross Profit
  • Net Profit
  • Retained Profit
  • Fixed Assets
  • Current Assets
  • Long Tern Liabilities
  • Current Liabilities
  • Debtors
  • Creditors
  • Net Current Assets

Video Resources:

https://youtu.be/ObU6Bpy_EAo
https://youtu.be/uEdcBx3R6OQ

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/122-FinancialKeyTerms
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/67-IntroductiontoAccounts


Learning Aim B5 - Statement of Comprehensive Income

What you need to know:

  • Purpose
  • Complete
  • Interpret
  • Calculate
    • Gross Profit
    • Net Profit

Video Resources:

https://youtu.be/vEeQJXUo_ac
https://youtu.be/vUVCNymCYYU

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/12-GrossandNetProfit
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/55-CalculatingGrossandNetProfit
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/56-CalculatingRevenueCostsandProfitQuestions
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/204-RevenueCostsandProfitQuickQuiz
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/208-CalculatingGrossProfitQuizQuiz3


Learning Aim B6 - Statement of Financial Position


What you need to know:

  • Purpose
  • Complete
  • Interpret
  • Calculate
    • Total Assets
    • Total Liabilities
    • Net Current Assets

Video Resources:

https://youtu.be/0yCMZ4LR5AM
https://youtu.be/08dKzp1Gdhw
https://youtu.be/8_ouz1o3Ezs

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/171-FinancialStatmentsCompletetheStatement
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/183-FinancialAccountsEndofUnitAssessment1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/15-FinancialStatementsQuiz1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/17-StatementsofFinancialPositionQuiz2

Learning Aim B7 - Profitability and Liquidity

What you need to know:

  • Explain difference between cash and profit
  • Explain difference between liquidity and profitability
  • Calculate
    • Gross Profit Margin
    • Net Profit Margin
    • Current Ratio
    • Liquid Capital Ratio

Video Resources:

https://youtu.be/COBs-JkcS9I
https://youtu.be/1-vYTbQzBeU

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/146-CalculatingGrossProfitMargin
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/150-CalculatingLiquidCapitalRatio
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/149-CalculatingCurrentRatio
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/147-CalculatingNetProfitMargin

Learning Aim C1 - Using Cash Flow Data

What you need to know:

  • Define the term cash flow
  • Identify sources of inflows and outflows
  • Explain difference between cash flow forecast and cash flow statement

Video Resources:

https://youtu.be/-5hiiQCsUc8
https://youtu.be/ZArUA1pFgH4
https://youtu.be/Jh7BJtV72z8

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/181-CashFlowEndofUnitAssessment1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/72-CashFlowEndofUnitAssessment
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/63-HomeworkQuiz-CashFlow
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/54-CashFlowIntroduction
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/161-CashFlowCalculatingintroduction
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/10-CashFlowQuiz1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/11-CashFlowQuiz2
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/121-CompleteaCashFlowStarter
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/163-CompleteaCashFlowStarterEasier
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/124-CompleteaCashFlowStarter1

Learning Aim C2 - Financial Forecasting

What you need to know:

  • Complete a cash flow forecast
  • Identify typical outflows and inflows
    • Sales
    • Capital Introduced
    • Loans
    • Purchases
    • Running Costs

Video Resources:

https://youtu.be/-5hiiQCsUc8
https://youtu.be/ZArUA1pFgH4

https://youtu.be/Jh7BJtV72z8

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/181-CashFlowEndofUnitAssessment1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/72-CashFlowEndofUnitAssessment
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/63-HomeworkQuiz-CashFlow
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/54-CashFlowIntroduction
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/161-CashFlowCalculatingintroduction
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/10-CashFlowQuiz1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/11-CashFlowQuiz2
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/121-CompleteaCashFlowStarter
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/163-CompleteaCashFlowStarterEasier
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/124-CompleteaCashFlowStarter1

Learning Aim C3 - Suggesting Improvements to Cash Flow Problems

What you need to know:

  • Analyse cash flow position of an organisation considering the impacts of changes in inflows and outflows.
  • Identify cash flow problems
  • Assess the impact of timings on cash flow.

Video Resources:

https://youtu.be/q6Ngl9RoDmA
https://youtu.be/aj9LKbV65_Y

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/181-CashFlowEndofUnitAssessment1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/72-CashFlowEndofUnitAssessment
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/63-HomeworkQuiz-CashFlow
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/54-CashFlowIntroduction
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/161-CashFlowCalculatingintroduction
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/10-CashFlowQuiz1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/11-CashFlowQuiz2
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/121-CompleteaCashFlowStarter
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/163-CompleteaCashFlowStarterEasier
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/124-CompleteaCashFlowStarter1

Learning Aim C4 - Break-even analysis and break-even point

What you need to know:

  • Construct break even chart
  • Identify costs
    • Variable
    • Fixed
    • Total
  • Calculate margin of safety
  • Calculate break even point
  • Identify the advantages and drawbacks of break-even analysis

Video Resources:

https://youtu.be/28Odav4L8i8
https://youtu.be/kzxcxumrtUE
https://youtu.be/uSLv27cWPIg
https://youtu.be/-uePiuL6aTw
https://youtu.be/Kp_7RspYlsI

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/2-BreakEven
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/61-BreakEvenQuiz2
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/117-BreakEvenStarterQuiz
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/136-BreakEvenStarterQuiz2
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/60-HomeworkQuiz-BreakEven
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/62-HomeworkQuiz-BreakEven2
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/180-BreakEvenEndofUnitAssessment1

Learning Aim C5 - Sources of Business Finance

What you need to know:

  • Sources finance
    • Owners Funds
    • Retained Profit
    • Loans
    • Credit Cards
    • Government Grants
    • Hire Purchase
    • Leasing
    • Trade Credit
    • Venture Capital
    • Peer to Peer Lending

Video Resources:

https://youtu.be/aFGiixmLgbI
https://youtu.be/lHJ5ZD6YO_Q

Quiz Resources:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/116-TypesofBorrowing

General Resources

Past Exam Paper Questions and Answers Explained

12 Days of Business Revision Activity

Exam Specification Overview

Mock Exams:

https://www.beebusinessbee.co.uk/index.php/tests-quizzes/73-BTECBusinessFinanceMockQuestionBank1
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/13-BusinessStudiesFinanceMockQuestionBank2
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/20-BusinessStudiesFinanceMockQuestionBank3
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/40-BTECBusinessFinanceExamMockQuestionBank4
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/82-BTECBusinessFinanceExamMockQuestionBank5
https://www.beebusinessbee.co.uk/index.php/tests-quizzes/126-BTECBusinessFinanceExamMockQuestionBank6






I have had many requests to once again produce a video resource on the BUSS4 research topic. So once again this year I have put something together for you which should be a useful resource to get you thinking about the concepts that are covered in this topic of e-commerce. This resource is not going to give you all the answers and do all of the research for you, as this is something best done yourself to give yourself the best possible chance of success in the exam.

Please click on the image below to be taken to the BeeBusinessBee YouTube Channel to watch the BUSS4 Technological Change; E-Commerce Video (opens in a new window)

BUSS4 2016 Technological Change Ecommerce

 

 You can also find BUSS4 resources that could be used to help you revise for your exam here.

BUSS4 Manufacturing in the UKAfter many requests I have finally got round to producing and releasing my AQA BUSS4 Manufacturing in the UK presentation.

This has been designed to be a useful introduction to the research topic and should be used alongside your own research. It should be a useful tool for a starting point to think about the synoptic links that can be made and some of the issues linked to the research theme of manufacturing in the UK.

You can view the view by clicking the link below.

http://youtu.be/5mkUiNg7abI

Please do bear in mind that this year I am not teaching this unit at our centre, so this has been produced in my limited spare time, to cater for the many requests that I had.

BBE Exam StructureIf you find answering exam questions difficult and you don't really understand some of the other evaluation techniques that you may have covered, then the BEE Structure could be for you.

It has been designed to be a simple approach that you can use when tackling evaluative questions. It will work at all levels and subjects, however here the focus is the most important subject of Business!

Firstly in any question define the key terms and show your business knowledge.

Then use some evidence to explain the points that you are making, ensuring that you answering the question that is set.

Finally, ensure that you are evaluating the points that you are making. You need to show both sides to any point you are making and ensure that you provide a conclusion at the end of your answer.

 

 

Exam Revision Tips / GuideThere is one topic that I get asked quite a few questions about from students everywhere. Yes this site may focus on Business Studies however most of the concepts and information in this video guide can be applied to any subject that you are sitting, regardless of it is a BTEC, GCSE, AS Level or A2 Level exam. 

This short video has been filmed to share some ideas on how to ensure that you maximise your potential in your exams. This had been produced alongside Mr Hardman who is also sharing his thoughts and tips and tricks when it comes to that period which many students fear. We also look at the topic of mock exams and explain why we feel they are important and add value to your learning process. 

This video isn't going to do the exam for you and guarantee success, however it should help to ensure you start to feel better and more confident about your exams.

Click the link below to view the revision tips video.

http://youtu.be/vvNciGTkEz8

btec business unit 2 finance examYour BTEC Unit 2 Finance exam is fast appproaching, so here is a collection of resources that you could use to help with your revision alongside your other resources.

You can find a mapped out collection of resources and worksheets for each section of the course HERE.

You can find a collection of quizzes and tests to practice your knowledge HERE. (The quizzes work on a mobile phone or tablet device as well)

You can find a range of videos which cover all parts of the course HERE.

Ensure that you are prepairing for your exam and putting in the time now. A little effort now should mean you don't need to spend on resits and give up the time practicing for these. Don't forget you can tweet @beebusinessbee with any questions or issues that you may have.

June 2014 Exam PapersThe AQA June 2014 exams have now been completed and you should now know your results. However you probably want to know how you performed on each of the questions and work out any areas of weakness that you may have. Its important to be pro-active with your business studies and not get down about your grade but look to how you can improve for your future studies.

On e-eqa your teacher can find copies of the exam papers from AQA June 2014 exams

AQA June 2014 BUSS1 Exam Paper 

AQA June 2014 BUSS2 Exam Paper

AQA June 2014 BUSS3 Exam Paper

AQA June 2014 BUSS4 Exam Paper

They can also find you copies of the mark schemes from AQA June 2014 exams

AQA June 2014 BUSS1 Mark Scheme 

AQA June 2014 BUSS2 Mark Scheme

AQA June 2014 BUSS3 Mark Scheme

AQA June 2014 BUSS4 Mark Scheme

Remember to ask your teacher for the break down of your performance by looking at the e-aqa website. You should use this feedback alongside the exam papers found here.

 

bee business beeI have been busy once again putting together some BUSS4 resources covering some of the topics that are on the AQA BUSS4 Business Studies specification. I have tried to start with some of the more common areas of weakness, however I will add to these covering as many topics as I get chance to do so. You can view a full copy of the BUSS4 specification here.

You may want to use these resources alongside your own revision notes to ensure that you understand the concepts that will be examined. Remember you need to understand the knowledge first, before you can start answering questions that show you are able to demonstrate the higher order examination skills.

Complete Revision for BUSS4

Individual Topics from AQA BUSS4 Specification

Exam Skills Structure and Command Words

*Resources being updates and added daily at the moment.

bee business beeI have been busy once again putting together some BUSS3 resources covering some of the topics that are on the AQA BUSS3 Business Studies specification. I have tried to start with some of the more common areas of weakness, however I will add to these until all of the specification has been covered. 

You may want to use these resources alongside your own revision notes to ensure that you understand the concepts that will be examined. Remember you need to understand the knowledge first, before you can start answering questions that show you are able to demonstrate the higher order examination skills.

Complete Revision for BUSS3

Individual Topics from AQA BUSS3 Specification

bee business beeI have been busy once again putting together some BUSS3 resources covering some of the topics that are on the AQA BUSS3 Business Studies specification. I have tried to start with some of the more common areas of weakness, however I will add to these until all of the specification has been covered. 

You may want to use these resources alongside your own revision notes to ensure that you understand the concepts that will be examined. Remember you need to understand the knowledge first, before you can start answering questions that show you are able to demonstrate the higher order examination skills.

Complete Revision for BUSS3

Individual Topics from AQA BUSS3 Specification

Exam Skills Structure and Command Words

BUSS2 Live RevisionWith BUSS1 now out of the way, it is time to forget about how you performed and take positive steps to maximise your potential in BUSS2. This exam paper is worth 60% of your AS grade and includes a wider range of content and more longer answer questions. That said, a good result in this paper and any worries about BUSS1 will be gone.

Once again we are splitting our live revision sessions into two parts. You can interact live or watch them again at your own leisure. The first BUSS2 live revision event started on Wednesday and the 2nd and final half took place on Friday. We will have put together a BUSS2 collection of topics and some exam technique resources that can be used with all your exams. 

Porters 5 ForcesA short video clip that takes a look at the decision making tool produced by Michael Porter, known as Porters 5 Forces.

This video resource explains the concept and principles of this model and how this can be used in your Business Studies exams or assignments as an excellent assessment tool. This tool allows you to draw conclusions and make decisions about an organisations strategy.

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buss1 beebusinessbee revision guideThe two successful Live BUSS1 revision sessions have now been completed and thanks for all your positive feedback and comments for improvements and suggestions. These have been split into two seperate parts, however combined they make up the BUSS1 specification. You may wish to make your own notes when watching these.

You can now watch these at your own leisure, making the perfect revision resource. We have also produced an e-book that is available for download to all tablets and phones, something that has been suggested and requested. As ever if you have any questions please tweet questions and comments to @beebusinessbee 

bee business bee buss1 live revisionThe second and final part of our BUSS1 Live Revision sessions will conclude on Friday, with our revision session starting at 10.15am. We have acted on the feedback from the last session which was very positive on the whole and ironed out some of the technical issues that we faced to ensure this sesson goes as smoothly as possible.

In this session we will cover all of the additional topics that were not covered in our BUSS1 session. If you missed our first session then you can access it from the link below. You can also use the link to access the 2nd half of our revision, which will go live from 10.15am on Friday. As before please tweet questions and comments to @beebusinessbee

bee business beeYou can now access the live revision feed and download the student workbook that goes alongside this revision session. Don't worry if you missed the live session as you can view a recording of the session and still ask questions and interact.

It is advisable that you complete the workbook as you complete the revision session. Don’t forget that you can ask any questions by tweeting @beebusinessbee

Each session has been designed to last no longer than one hour, ensuring that they are pacey, but effective revision.

Today's session will be the first of a 2 part revision session on the AQA AS BUSS1 paper.

bee business beeThe live BUSS1 AQA AS Business revision session will be starting at 12.30pm. You can now access the live revision feed and download the student workbook that goes alongside this revision session. Don't worry if you missed the live session as you can view a recording of the session and still ask questions and interact.

It is advisable that you complete the workbook as you complete the revision session. Don’t forget that you can ask any questions by tweeting @beebusinessbee

Each session has been designed to last no longer than one hour, ensuring that they are pacey, but effective revision.

Today's session will be the first of a 2 part revision session on the AQA AS BUSS1 paper.

formulasAs you will probably be aware you need to learn and know a range of formulas to help you tackle the BUSS1 exam that you will be taking. These formulas could be the difference between you achieving an A grade or a B grade, so they are well worth spending the time revising and learning.

Watch the video below and ensure the activity. Keep attempting this until you get all of the formulas correct. Don't cheat as you will only be cheating yourself.

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formulasAs you will probably be aware you need to learn and know a range of formulas to help you tackle the BUSS2 exam that you will be taking. These formulas could be the difference between you achieving an A grade or a B grade, so they are well worth spending the time revising and learning.

Watch the video below and ensure the activity. Keep attempting this until you get all of the formulas correct. Don't cheat as you will only be cheating yourself.

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You probably like using a highlighter when it comes to working on the exam case study, however you are not being examined on the skill of how nice your case study is going to look.

If you think logically you will actually highlight most of the case study given they are written to cover as many areas of the course as possible. So what makes more sense is to annotate your case study as you go along, looking for links to subject topics and content that you have covered. This should then make it easier to pull this knowledge together when you require it for a question and you can make better, more applied points showing good linkages of the subject knowledge.

My tips for the exam would be:

 

1.     Read the case study (quickly)

 

2.     Skim read the questions on the exam paper

 

3.     Read and now annotate your case study (take about 5 mins to complete this)

 

4.     Now answer the questions and refer back to the points that you will have already drawn out from the case study.

 

Remember if you can perform any calculations from the data, quickly do this, as using this in an answer (where relevant) will instantly show the use of application.

 

 

 

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