A2 Business studies overview

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  • A2 Business Studies
    • Mission, corporate objectives and strategy
      • SWOT analysis
      • Mission and objectives - influenced by external and internal factors
    • Internal analysis
      • Balance sheets
        • Assets (non-current and current) and Liabilities (current and non-current)
        • Working capital = current assets - current liabilities
        • Debtors and stock must be controlled
        • Depreciation and Appreciation
      • Income statements
        • gross profit - operating profit - PFTY
        • Can be used for decision making
      • Ratios
        • Current ratio
          • ROCE
            • Gearing
            • Quick acid test
        • Inventory turnover ratio
        • Payables and receivable days ratio
      • Overall performance
        • Marketing - Human Resources - Operations
        • Can compare data to other businesses
        • Core Competences
        • Performance over time
      • Methods of assessing performance
        • Balanced scorecard
        • Elkington's Triple Bottom Line
    • Analysing the external environment
      • Legal environment
        • Competition laws
        • EU is a single market - less restrictions on trade - competition
        • Laws protecting the community and environment
        • Laws that protect customers and consumers
        • Regulation
        • Employment laws
      • Political environment
        • Government policies encourage enterprise
        • Infrastructure
        • Environmentalpolicies
        • International trade policies
      • Economic environment
        • GDP
        • Inflation
          • Monetary policies
        • Economic growth
          • Typically followed by a recession
        • Exchange rates
        • Interest rates
        • Taxation
          • Ficscal policies - expansionary vs contractionary
        • Trade - protectionism and open
        • Global economy
          • Emerging economies - BRIC
          • Globalisation
      • Social Environment
        • Demographic changes
        • Urbanisation and Migration
        • Environmental and ethical issues
          • CSR
          • Stakeholders vs shareholders
      • Technologicalenvironment
        • Creates opportunities and threats
        • New technology - CAD - ERP - Stock control systems
      • Competitive environment
        • Porters five forces
    • Investment appraisal
      • Payback
      • ARR
      • NPV
        • Discounting
    • Strategies
      • Marketing strategies
        • Markets and products influence marketing strategy
        • Ansoff Matrix
          • Used to decide on growth strategy
      • Positioning strategies
        • Competitive advantage
        • Porter's generic strategies
        • Bowmans strategic clock
      • Strategic methods
        • Business growth
          • Economies and Diseconomies of scale
          • Experience curve
          • Economies of scope
          • Retrenchment
          • Organic - grows from within
            • External growth - vertical, horizontal or conglomerate
            • Can be risky and cause disruption
          • Grieners model of growth
          • Franchising
      • Innovation
        • Intrapreneurial
          • Kaizen
          • Benchmarking
          • Patent - Trademark - Copyright
        • Product vs Process innovation
        • New Product Development
      • Entering international markets
        • Size of the market - political or economic factors - cultural, ethical and environmental
        • Exporting/ importing - Licensing - Alliances - Direct investment
        • Locating abroad
          • Offshoring and re-shoring
          • Multinationals
        • Bartlett and Ghoshal strategies
      • Use of digital technology
        • Efficiency and productivity
        • ERP
      • Planning strategy
        • Contingency planning
        • Planning process for strategies
    • Managing change
      • Causes of change
        • Internal vs external factors
        • Lewins; Force field analysis
        • Incremental or disruptive
        • Barriers to change
      • Managing change
        • Delayering
        • Becoming more flexible
          • Employment contracts
        • Structures for change
      • Overcoming barriers to change
        • Kotter and Schlesinger
      • Organisational culture
        • Task - Role - Person - Power - Entreprenurial

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