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Summary Unit 7 - Business Decision Making £4.99   Add to cart
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  2.  
  3. PEARSON (PEARSON)
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  5. Business 2016 NQF
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  7. Unit 7 - Business Decision Making

Summary

Summary Unit 7 - Business Decision Making

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This document includes the structure for the report and presentation in the Unit 7 decision making exam. This will be highly useful for the upcoming exam in January 2022

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Document information

  • January 19, 2022
  • 2
  • 2021/2022
  • Summary

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  • summary unit 7 business decision making

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Title:
-The title should be underlined at the top of the page,stating what the report is based on.
Introduction:
-The introduction should be about a paragraph long - with it being no longer the two
paragraphs. You should just include a brief summary of the business.
Market data/trends:
-In this section, you will need to look at the market data/trends provided to you in the exam paper, and
you will need to write a summary of this data.

Financial:
-Look at what it shows, it is highly likely going to income statement or cash flow and ratios. If you're not
sure make an income statement.

-You will need to make statements for both options as well as analyse them for both options.

-The main ratios you will need are gross profit margin and net profit margin, but you should also know
return on capital employed

Option 1 & option 2
-Talk about it a bit then

-Swot analysis and if you have time do pestle analysis

-You must do bullet points with sentences.

-You will need to identify the human, financial and physical resources the business needs.

Add implications of resources in the options section.
-Human resources mean the people needed to run the business.
-Financial resources state how much money they need to run the business and how they will
get the money.
-Physical resources refer to the tangible assets needed to run the business. E.g.,
premsies,stock,equipment.
Conclusion:
Sum up what you have written in your report and which option you would recommend and
why.

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