aqa buss1 topic tracker - tutor2u gce business studies buss1- planning & financing a business...
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AQA GCE Business Studies
BUSS1- Planning & Financing a Business
EXAM PAPER TOPIC TRACKER Keep track of which topics have been examined in the real papers for BUSS1
AQA AS Business Studies (BUSS1) – Topic Tracker
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You might also find the following resources for BUSS1 from tutor2u useful:
BUSS1 Revision Guide
AQA AS Business (BUSS1) - Revision Quizzes
AQA AS Business (BUSS1) - The Basics for Revision
AQA BUSS1 Pierre’s Personalised T-Shirts - Observations & Suggested Answers
AQA AS Business (BUSS1) Opportunities for Evaluation
AQA AS Business (BUSS1) - Key Topic Revision Checklist
AQA AS Business (BUSS1) - Specification Resource Map
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
Enterprise and Entrepreneurs
Entrepreneurs Explain a personal characteristic of the entrepreneur (3)
Motives for starting a business
Downsides of starting a business
Risk and reward
Opportunity cost Define opportunity cost (2)
Government and entrepreneurs
State two ways in which the government supports entrepreneurs (2)
Generating and Protecting Business Ideas
Sources of business ideas
What makes a good idea?
Franchises Evaluation of decision to set up as an independent business rather than buy a
What is meant by the term “franchisee”? (2)
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
franchise (17)
Protecting a business Idea
Explain two possible benefits from having a patent (7)
Analysis of benefits of a franchisor protecting business idea & products (10)
Transformation Resources into Goods and Services
Inputs to the transformation process
Outputs from the transformation process
Adding value Define adding value (2)
Explain how personalizing a product can add value (4)
Business Plans
Contents of a business plan
Limitations of a business plan
Sources of information and guidance
Market Research for a Start-up
Primary Research Define primary State an alternative method of primary
Explanation of why a startup chooses to
Evaluation of the strength of market
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
market research (2) research to the ones used (1)
Analysis of the limitations of the primary research undertaken (9)
use primary market research (6)
research carried out (15)
Secondary Data
Quantitative and qualitative research
What is meant by the term “qualitative market research”? (2)
Explain how results of qualitative market research benefited the business (6)
Sampling Define quota sampling (2)
Define random sample (2)
Understanding Markets
Defining a market Calculate market share (3)
Calculate the size of the market (4)
Calculate the size of the market (4)
Define an electronic market (2)
Geographical markets
Factors affecting demand
Evaluation of the factors that affect demand for case study products (13)
Introduction to market segmentation
Why use market segmentation?
Explain two benefits of targeting a market segment (6)
Explain an advantage of targeting a niche market (4)
Explain two problems of moving away from a market niche (6)
Defining what is meant by a market segment (2)
Demographic
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
segmentation
Geographic segmentation
Limitations of market segmentation
Analysing market data
State formula for calculating market share % (2)
Choosing a Legal Structure
Defining the different structures
Comparing the different structures
Discussion of the decision to change from being a sole trader to a private limited company (14)
Analysis of two benefits of forming a partnership (10)
Social enterprises
Sources of Finance for a Start-up
Internal sources
External sources Analysing two benefits of arranging a bank overdraft (10)
Analysis of benefits of having a bank overdraft (10)
Analysis of reasons for choosing personal sources of finance rather than a bank loan (10)
Personal sources
Choosing the right Evaluation of the
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
source of finance choice of venture capital over bank loan as source of finance (14)
Choosing the Business Location
Factors affecting the choice of location
Evaluation of the choice of location for the new business (17)
Define the term “infrastructure” (2)
Evaluation of the decision to locate a business in a city centre (15)
Technology & home-based start-ups
Employing People
Full-time employees
Part-time employees Explain two advantages of using part-time employees in the business (6)
Temporary contracts Analyse the possible reasons for employing a mixture of permanent and temporary employees (10)
Consultants and advisers
Analyse the benefits of using a consultant (9)
Flexible working
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
Calculating Costs, Revenues and Profits
Meaning & importance of profit
Measuring sales Calculation of forecast customer numbers (3)
Measuring costs Definition of “fixed costs” (2)
Calculation of profit Calculation of expected profit in the first year of trading (5)
Calculation of budgeted profit (5)
Calculation of expected profit (3)
Calculation of added value (3)
Using Break-even Analysis in Decision-making
Contribution Calculation of total contribution (4)
Calculate the forecast “total contribution” for in 2010 (5)
Calculation of total contribution (3)
Break-even level of output
Calculate break-even quantity (5)
Calculation of change in forecast break-even output (7)
Using a table to calculate break-even output
Using a formula to calculate break-even output
Using break-even chart to calculate and illustrate break-even calculations (6)
Using a chart to calculate break-even
Amending a break-even chart to show
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
output impact of two changes (4)
Changes to break-even
Calculate the change in break-even output (6)
Analysis and evaluation of options to reduce the break-even output (15)
Strengths and limitations of break-even analysis
Cash Flow Forecasting
The nature of cash flow
Define the term cash flow (2)
How to forecast cash flow
Complete the cash flow forecast by calculating missing figures for opening balance & net cash flow (2)
Why cash flow forecasting is important
Evaluation of the role of cash flow forecasting in determining success of the business (15)
Limitations of cash flow forecasting
Sources of information for cash flow forecasts
Setting Budgets
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
Why businesses use budgets
Sales budget What is meant by the term “income budget”? (2)
Expenditure budget Explanation of problems with expenditure budget setting (6)
Profit budget Calculation of profit budget (5)
Calculation of budgeted profit (3)
Methods of setting the budgets
Limitations of budgets
Discussion of difficulties faced by the entrepreneur in setting a first budget (14)
Assessing Business Start-ups
The risks and causes of business failure
Evaluation of whether the startup will achieve its two key objectives (16)
Evaluation of whether the startup is likely to achieve its main objective for the first year (15)
Assessing the business plan
Evaluate whether the business is likely to achieve its business
Evaluation of the role of business planning in the early success of the business (16)
Evaluating the overall strength of business planning (16)
Evaluation of whether shortfalls against plan are outside of entrepreneur’s
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Marks shown in brackets
Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012
Youssef’s Accessories
Steve’s Customised Cars
Love Wood Anya’s Restaurant Tom’s Hairdressing Salon
Kate’s Catering Pierre’s Personalised T-Shirts
The Party Entertainer
objectives (17) control (15)
AQA AS Business Studies (BUSS1) – Topic Tracker
www.tutor2u.net
Keep up-to-date with AQA BUSS1 with these tutor2u resources:
BUSS1 – Specification Basics – Key Notes
BUSS1 Revision Guide
BUSS1 – Teacher Blog
BUSS1 – Specification Map
BUSS1 – Digital Course Companion
BUSS1 – Teacher PowerPoint Collection
BUSS1 – Practice Exam Papers (Volume 1)
BUSS1 – Revision Quizzes
BUSS1 Student Revision Workshops (December)
BUSS1 Key Term Quiz Bank
BUSS1 Key Topic Revision Checklist
BUSS1 Recommended Reading List
BUSS1 – Recommended Websites