Edexcel A-Level Business
Explore your course, one topic at a time.
Course version · 9BS0Version from Sept 2015Change version
Choose the version your school teaches. Your teacher can confirm which one, including for resits.
Explore your topics
82 topics
Marketing and people24 topics
- The market4 objectives
- Market research5 objectives
- Market positioning4 objectives
- Demand1 objective
- Supply1 objective
- Markets2 objectives
- Price elasticity of demand5 objectives
- Income elasticity of demand4 objectives
- Product/service design2 objectives
- Branding and promotion5 objectives
- Pricing strategies3 objectives
- Distribution2 objectives
12 of 24 shown
Managing business activities18 topics
- Internal finance3 objectives
- External finance2 objectives
- Liability2 objectives
- Planning3 objectives
- Sales forecasting3 objectives
- Sales, revenue and costs2 objectives
- Break-even6 objectives
- Budgets4 objectives
- Profit3 objectives
- Liquidity2 objectives
- Business failure1 objective
- Production, productivity and efficiency3 objectives
12 of 18 shown
Business decisions and strategy22 topics
- Corporate objectives2 objectives
- Theories of corporate strategy4 objectives
- SWOT analysis1 objective
- Impact of external influences3 objectives
- Growth2 objectives
- Mergers and takeovers5 objectives
- Organic growth3 objectives
- Reasons for staying small1 objective
- Quantitative sales forecasting3 objectives
- Investment appraisal5 objectives
- Decision trees3 objectives
- Critical Path Analysis4 objectives
12 of 22 shown
Global business16 topics
- Growing economies4 objectives
- International trade and business growth3 objectives
- Factors contributing to increased globalisation8 objectives
- Protectionism3 objectives
- Trading blocs2 objectives
- Conditions that prompt trade4 objectives
- Assessment of a country as a market1 objective
- Assessment of a country as a production location1 objective
- Reasons for global mergers or joint ventures5 objectives
- Global competitiveness3 objectives
- Marketing3 objectives
- Niche markets3 objectives
12 of 16 shown
Quantitative skills1 topic
Accounting ratios1 topic
Assessment and exam guidance
Assessment Objectives
Demonstrate knowledge of terms, concepts, theories, methods and models to show an understanding of how individuals and organisations are affected by and respond to business issues
Apply knowledge and understanding to various business contexts to show how individuals and organisations are affected by and respond to issues
Analyse issues within business, showing an understanding of the impact on individuals and organisations of external and internal influences
Evaluate qualitative and quantitative evidence to make informed judgements and propose evidence-based solutions to business issues
Exam Structure
Paper 1: Marketing, people and global businesses
2h
Duration
100
Marks
35%
Weighting
Paper 2: Business activities, decisions and strategy
2h
Duration
100
Marks
35%
Weighting
Paper 3: Investigating business in a competitive environment
2h
Duration
100
Marks
30%
Weighting
Tips and common mistakes
Common Exam Mistakes
Pitfalls to avoid in your exams
- •Confusing the size of the market with the firm's share of it, so a rise in sales is reported as a rise in share even when the whole market grew faster
- •Treating a specialist market as simply a small one, when the defining feature is a customer need the large sellers do not meet
- •Listing textbook benefits of branding without tying any of them to the case firm's prices, loyalty or ability to resist a discounter
- •Describing online selling as simply cheaper, ignoring picking, delivery and returns costs that can swallow the saving on premises
- •Writing about change in general terms with no reference to the extract, which limits the answer to knowledge marks
- •Assuming innovation always raises profit, when imitation is quick, patents expire and development spending may never be recovered
- •Working mechanically through all five forces with no weighting, when only one or two of them bite in the case
- •Assuming competition is always bad for the business, ignoring that rivalry can grow the whole market and drive out waste
Top Examiner Tips
Expert advice for exam success
- •Share and size usually appear as a short calculation followed by an interpretation sentence, so convert to a percentage and then say what it tells you about the firm's position
- •In longer questions comparing the two approaches, build the argument round margin against volume and end with a judgement that depends on the firm's cost base and cash
- •These questions often supply a chart of market growth, so quote a figure and a direction before starting the analysis
- •In evaluation, separate short run disruption from long run positioning and say which matters more for this firm given its cash position
- •The paper rarely names Porter, so you are expected to bring the framework yourself and use only the parts that fit
- •For assess and evaluate, argue which force is strongest for this business and justify the ranking with numbers or quotations from the extract
- •This often appears as a short explain question early in the paper and then returns inside longer questions on investment and expansion
- •Use it as an evaluation tool anywhere: qualify a forecast in the extract by asking whether the assumption behind it can be given a probability
Ready for a little practice?
Create your account to start practising Business.
7 days Premium · Then free forever · No card, no charge