A2 AQA BUSS4: Strategies Businesses could have adopted to prepare for the recession.

haha yeah, im just confused about what we actually need to know for this exam? I quote the prerelease-


• How the recession can create opportunities and threats for businesses and industries

• The long-term strategies and short-term plans adopted by businesses in the recession

• Factors influencing the strategies businesses adopt in the recession

• Strategies that businesses could have adopted to prepare for the recession

• The possible impact of the recession on stakeholders and on relationships between businesses and their stakeholders

• The case for and against different businesses and industries receiving government financial support during a recession.

• Your research should consider the effects of and reaction to the recent recession in the UK in relation to different businesses and industries.

Do we then just find examples for each of those points? as well as good general knowledge of the content for Unit 4?

I can't really remember but we are meant to bring in businesses in section b too aren't we (except it doesn't have to be realated to recession)

i would share mine as i know how frustrating all this revision is! but i've written all mine by hand. i've revised (still have lots to do) each point here though by writing about a page on each of the points like general arguments for and against.

Then i've also chose companies who i've wrote in the middle of the page and applied the relevant points in a type of spider diagram i.e. used British Airways for threats in recession (weak positionin porters 5 forces and high cost base-wages,fuel etc) also commented on strategies could have adopted (thought about cost minimisation-cost leadership in porters generic, contingency plans for strikes which they've kind of done, also can mention ansoffs market penetration and development if penetration doesn't work) and also other points such as mergers with iberia (although that's section b).

I'm worried i might be confusing you further here lol but thought i'd let you know how i've done my revsion, hope it's helped

Remember this was set 18 months ago. The recent stuff with BP will definitely not be in it. It's going to be stuff from the beginning of the recession Case Study wise although it could be good to bring it in as examples.

how the recession can create opportunities and threats for businesses and industries - Apple, Aldi/Lidl/Poundshops, Dominoes Pizza,
Primark for ops, car dealers, luxury brands (in general), firms selling durable goods (in general) for threats

the long-term strategies and short-term plans adopted by businesses in the recession - Starbucks (cutting back short-term expansion), Aldi (growth strategy)

factors influencing the strategies businesses adopt in the recession

strategies that businesses could have adopted to prepare for the recession

the possible impact of the recession on stakeholders and on relationships between businesses and their stakeholders – Tesco

the case for and against different businesses and industries receiving government financial support during a recession – car industry, banks

Obviously not for the recession, but for Section B you can clearly use BP as an example.

Thanks

Which businesses are you researching by the way?

I've done Apple, John Lewis, Subway, Tesco, Aldi, banks, manufacturing, BA and I'm guna do a bit more

Thanks

Are there particular websites where your doing most of your research from, or just general websites?

For me, im looking at tutor2u and The Times.

Thanks

Are there particular websites where your doing most of your research from, or just general websites?

For me, im looking at tutor2u and The Times.

Same, ha.