Pearson BTEC • Business
Latest uploads for Business at Pearson BTEC. Looking for Business notes at Pearson BTEC? We have lots of notes, study guides and revision notes available for Business at Pearson BTEC.
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Modules Business at Pearson BTEC
Notes available for the following courses of Business at Pearson BTEC
Popular books Pearson BTEC • Business
Neil James, Andrew Hammond • ISBN 9781510427556
Andrew Hammond • ISBN 9781471883248
Mark Hage • ISBN 9781471883781
Ian Marcourse, Claire Marcouse • ISBN 9781471847820
Latest notes & summaries Pearson BTEC • Business
Outlines the stages in the recruitment process and the differences between job description and person specification, on the job and off the job training, internal and external recruitment. Also touches on selection methods, benefits of training, and recruitment costs.
Explains what organisational design is, organisational structures (e.g. centralised and decentralised, tall and flat, matrix), the key features of organisational structures, and advantages and disadvantages of the structures
Explains why motivation is important to a business, the financial and non-financial incentives a business can offer its employees, and the different motivation theories from Maslow, Mayo, Taylor and Herzberg
Highlights the distinction between leaders and managers, with the characteristics of a good leader. Also includes a summary of the different leadership styles (autocratic, democratic, laissez faire, paternalistic) with the features involved in all of them.
Provides a definition of niche and mass markets, as well as advantages and disadvantages of both. Also explains market size and market share, dynamic markets, how competition affects the market, and risk and uncertainty.
Describes the difference between product and market orientated approaches to businesses, why businesses conduct market research, primary and secondary research and the pros/cons of both, sampling size and representation, how ICT can be used in market research, and market segmentation.
Describes market mapping, competitive advantage, product differentiation, and added value
Describes demand and demand curves, factors causing a change in demand, supply, factors causing a shift in supply, market equilibrium and price determination.
Explains the factors which affect the demand for a product, what Price Elasticity of Demand (PED) is, why price elasticity matters, the factors influencing price elasticity, and the problems with using price elasticity. Also describes Income Elasticity of Demand (YED), the factors influencing income elasticity, and the significance of income elasticity to businesses.
Explains the three aspects of the design mix (aesthetics, function and economic manufacture), and how changes in the elements of the design mix can reflect social trends