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Theory Notes for Cambridge Technical in Business Level 2
Please be aware that these notes are still in development
The Theory Notes have been mapped across the relevant units of the:
OCR Cambridge Technical Level 2 in Business
UNIT 1: BUSINESS PURPOSES
LO1 - Understand the purpose and ownership of business
PURPOSE
1.1.1: The Purpose of Business
OWNERSHIP
1.1.2: Public Sector and Private Sector Businesses
1.1.5: Limited Companies
1.1.6: Private Limited Companies
1.1.7: Public Limited Companies
1.1.8: Charities
1.1.9: Voluntary Organisations
1.1.10: Franchises
1.1.11: Co-operatives
SIZE
1.1.12: The Size Of Business
SCALE
1.1.13: The Scale Of Business
CLASSIFICATION
UNIT 2: BUSINESS ORGANISATIONS
LO1 - Be able to set business aims and objectives
AIMS AND OBJECTIVES
TYPES OF BUSINESS
LO2 - Understand the main functional areas in business organisations
FUNCTIONAL AREAS
LINKS
UNIT 3: FINANCIAL FORECASTING FOR BUSINESS
LO1 - Know about costs, revenue and profit in a business organisations
COSTS
REVENUE
PROFIT