BTEC Business - Unit 7 - Business Decision Making - Guidance&Structure - (Report)
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Course
Unit 7 - Business Decision Making
Institution
PEARSON (PEARSON)
The author of this work is BTECBGUIDE. This document will guide you on how to format your report, as well as what you should do to prepare for the exam.
UNIT 7 – EXAM (REPORT)
Unit 7 – Business Decision Making - Structure (Report)
, Unit 7 – Business Decision Making - Exam
Section 1: Introduction
If you want to have a better understanding of this unit or get access to
other resources related to this unit, check out our website:
https://www.btecbguide.com
As always you need to give an introduction so that the examiner/reader
understands what they are reading about. Sentence starters:
o In this report, I am going to be advising a client who has asked me to
recommend...
o The business objective is to…
o I will be evaluating and analysing these two options…
Section 2: Market Analysis
You need to collect and analyse each the market data from the exam paper
o For instance, you can say that the market data you have collected
creates an opportunity or a threat to the business
For example:
The average UK household spends £150 on plants every year and the UK
horticulture market is worth approximately £25 billion annually. This indicates that the
market is popular in the UK and numerous people spend a lot on horticulture
products in the UK depending on the time of the year therefore, this creates an
opportunity since there’s a steady trend within the market.
Section 3: Financial information on both options
Remember you need to gather and analyse financial data for both
options!
Remember, you need to show your calculations!
You need to use the financial data from the exam paper to conduct:
o Liquidity ratio
Current ratio
Acid test ratio
o Profitability ratio
Gross Profit Margin
Net Profit Margin
Mark up Profit
Return on Capital Employed
You can also create financial statements (such as cash-flow forecast and
income statements) however this can be time-consuming!
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