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Business - H431
21 sections available · 111 chapters available
Free Business - H431 study notes for Cambridge OCR A Level students. Each chapter below covers a key topic with worked examples and practice prompts you can take into the thinka app.
Introduction to Business
Business objectives and strategy
Different stakeholder and business objectives
Stakeholders
Mission statement
Corporate social responsibility (CSR)
Strategy and implementation
Business plan
Risk and uncertainty
Opportunity cost
Contingency planning and crisis management
Models of strategic choice
Measures of Performance: financial and nonfinancial
Forecasting
Decision making
Decision trees
Ansoff’s matrix
Conflicts in business decision making
External influences
The market, market size and growth
Demand and supply
Market forces
Physical and nonphysical markets
Competition
Market dominance
Global context
International trade and free trade
The European Union
Emerging markets and the global environment
Political factors
Economic factors
Social factors
Technological factors
The digital revolution
Ethical factors
Legal factors
Environmental factors
External factors and influences
Accounting and finance within a business environment
Management accounting
Financial accounting
Accounting and finance within the external environment
Human resource management within a business environment
The workforce
The finance strategy
Management
Marketing within a business environment
Customer needs
The marketing strategy
Human resources within the external environment
Operations management within a business environment
The human resources strategy
The production process
Productive efficiency
Productive quality (fit for purpose)
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