(Edexcel) GCSE Business – Knowness

Welcome to the GCSE Business study guide for the Edexcel exam board! This study guide is structured to cover all of the topics in the Edexcel specification, providing you with all of the essential information you need for your GCSE examinations.

Course Content

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GCSE Business 2 Topics FREE

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Introduction to GCSE Business

Assessment Structure

Theme 1: Investigating Small Business

1.1 Enterprise and Entrepreneurship 3 Topics FREE

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1.1.1 The Dynamic Nature of Business

1.1.2 Risk and Reward

1.1.3 The Role of Business Enterprise

1.2 Spotting a Business Opportunity 4 Topics

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1.2.1 Customer Needs

1.2.2 Market Research

1.2.3 Market Segmentation

1.2.4 The Competitive Environment

1.3 Putting a Business Idea into Practice 4 Topics

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1.3.1 Business Aims and Objectives

1.3.2 Business Revenues, Costs and Profits

1.3.3 Cash and Cash-flow

1.3.4 Sources of Business Finance

1.4 Making the Business Effective 4 Topics

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1.4.1 The Options for Start-up and Small Businesses

1.4.2 Business Location

1.4.3 The Marketing Mix

1.4.4 Business Plans

1.5 Understanding External Influences on Business 5 Topics

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1.5.1 Business Stakeholders

1.5.2 Technology and Business

1.5.3 Legislation and Business

1.5.4 The Economy and Business

1.5.5 External Influences

Theme 2: Building a Business

2.1 Growing the Business 4 Topics

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2.1.1 Business Growth

2.1.2 Changes in Business Aims and Objectives

2.1.3 Business and Globalisation

2.1.4 Ethics, the Environment and Business

2.2 Making Marketing Decisions 5 Topics

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2.2.3 Promotion

2.2.5 Using the Marketing Mix to Make Business Decisions

2.3 Making Operational Decisions 4 Topics

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2.3.1 Business Operations

2.3.2 Working with Suppliers

2.3.3 Managing Quality

2.3.4 The Sales Process

2.4 Making Financial Decisions 2 Topics

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2.4.1 Business Calculations

2.4.2 Understanding Business Performance

2.5 Making Human Resource Decisions 4 Topics

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2.5.1 Organisational Structures

2.5.2 Effective Recruitment

2.5.3 Effective Training and Development

2.5.4 Motivation

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