Theory Notes For Edexcel GCSE Business

The GCSE Theory Notes have been mapped across the 2009 Edexcel GCSE Business Studies specifications.

UNIT 1 - INTRODUCTION TO SMALL BUSINESS

Please note that Unit 2 (Investigating Small Business) is the Controlled Assessment element of the course, and has the same specification content as Unit 1. Unit 6 (Introduction To Small Business) refers to the content of the GCSE (Short Course) Business, and shares the same content as Unit 1.

Section 1
Section 2
Section 3
Section 4
Section 5

1.1.1: Understanding Customer Needs

1.1.2: Market Mapping

1.1.3: Analysing Competitor Strengths & Weaknesses

1.1.4: Understanding The Need To Add Value

1.1.5: What Options Exist For Starting Up A Business?

1.2.1: What Is Enterprise?

1.2.2: Thinking Creatively

1.2.3: What Questions Do Entrepreneurs Ask?

1.2.4: Invention & Innovation - Generating Business Ideas

1.2.5: Taking A Calculated Risk

1.2.6: Other Important Enterprise Skills

1.3.1: Objectives When Starting Up

1.3.2: The Qualities Shown By Entrepreneurs

1.3.3: Estimating Revenues, Costs & Profits

1.3.4: Forecasting Cash Flows

1.3.5: Obtaining Finance

1.4.1: Customer Focus

1.4.2: The Marketing Mix

1.4.3: The Importance Of Limited Liability

1.4.4: Start-up Legal & Tax Issues

1.4.5: Effective On-time Delivery & Customer Satisfaction

1.4.6: Recruiting, Training & Motivating Staff

1.5.1: Market Demand & Supply

1.5.2: Impact Of Changes In Interest Rates On Small Businesses

1.5.3: Impact Of Changes In Exchange Rates

1.5.4: How Do Business Cycles Affect Small Businesses?

1.5.5: What Effect Do Business Decisions Have On Stakeholders?

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Theory Notes For Edexcel GCSE Business

UNIT 1 - INTRODUCTION TO SMALL BUSINESS

UNIT 3 - BUILDING A BUSINESS