AQA Business Studies 2015 Buss 1/2

When a person is not employed on a certain basis, they're asked to work only when they're needed. Very demotivating but cheap

I agree, i also think market share/growth, protecting business ideas, location, Mass/Niche markets and Opportunity cost will come up just after looking at past papers and stuff

What do you mean by location?

Can someone go through location??

Okay.. Things to consider

Fixed costs - land and buildings, utilities, government grants available
Variable costs - Transport costs, local wage levels, bulk increasing or reducing activity.

Think about the type of business - manufacturing business, near suppliers and raw materials. Service sector business (hairdresser) near customers.

Consider factors such as the cost of the location and what would be a good location for the business to work. Look at January 2013 past paper question 2(b) thats a locaton question.

i think business plan will come up, market share/growth, potenially why people want to beomce entpreuenurs and maybe i little bit on non-profit organsiations?

Total revenue: Price x number of products sold
Profit: Total revenue - total costs OR Total contribution - fixed costs
Breakeven: Fixed costs ÷ contribution per unit
Contribution per unit: Selling price per unit - variable costs per unit
Total contribution: Total revenue - total variable costs
Total costs: Fixed costs + variable costs
Variable costs: Variable costs per unit x number sold
Margin of safety: Current output - breakeven output
Market growth: Change in market size ÷ original market size x 100
Market share: Total sales of one product/business ÷ total sales in market x 100
Market size: Total sales of all products made by all firms in a market

I think this is it

Also anyone looking for Evaluation help

The last two questions require the skill of evaluation. In a 15 mark question, this skill carries 5 marks so
getting this right can have a huge impact on your grade. Evaluation is marked based on the 2 J's:a. Judgement – Make a firm conclusion on the overall question. Use words from the question to help give this focus. For
example 'do you agree with x that the business will meet its objectives?' should be tackled with a firm 'overall I agree' or 'overall I disagree'b. Justification – You must then explain why you have made that judgement. What evidence is there to back up your point of view?
What do you think your points will lead to? Why is it likely in this specific business? Which factors are of the greatest significance for this business?

Also anyone looking for Evaluation help

The last two questions require the skill of evaluation. In a 15 mark question, this skill carries 5 marks so
getting this right can have a huge impact on your grade. Evaluation is marked based on the 2 J's:a. Judgement – Make a firm conclusion on the overall question. Use words from the question to help give this focus. For
example 'do you agree with x that the business will meet its objectives?' should be tackled with a firm 'overall I agree' or 'overall I disagree'b. Justification – You must then explain why you have made that judgement. What evidence is there to back up your point of view?
What do you think your points will lead to? Why is it likely in this specific business? Which factors are of the greatest significance for this business?

Hi, please help...if a question states for example 'what benefits to Kate's business are there for having a consultant?' (9 marks), how many benefits would I state and how would I word them?

What calculations do you suggest working out at the start so I can apply them in my long mark questions at the end?
Also what do people use to evaluate the case study when reading through it SWOT or others?