BTEC Tech Award Promotion and Finance for Enterprise Resources

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
h ttps://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:

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:

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:

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

12 Days of Business - Revision for BTEC Tech Award Enterprise

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

BTEC Tech Award Promotion and Finance for Enterprise Resources

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