Oxford Revise: Edexcel GCSE Business

1 The dynamic nature of business, and risk and reward
2 The role of business enterprise
3 Customer needs
4 Market research
5 Market segmentation
6 The competitive environment
7 Business aims and objectives
8 Business revenues, costs and profits
9 Cash and cash flow
10 Sources of business finance
11 The options for start-up and small businesses
12 Business location
13 The marketing mix
14 Business plans
15 Business stakeholders
16 Technology and business
17 Legislation and business
18 The economy and business
19 External influences
20 Business growth
21 Changes in business aims and objectives
22 Business and globalisation
23 Ethics, the environment and business
24 Product
25 Price
26 Promotion
27 Place
28 Using the marketing mix to make business decisions
29 Business operations
30 Working with suppliers
31 Managing quality
32 The sales process
33 Business calculations
34 Understanding business performance
35 Organisational structure
36 Effective recruitment

Edexcel GCSE Business answers

This guide covers every topic in the Edexcel GCSE Business course in depth, using clear, easy-to-understand language. Key terms boxes highlight the important words and language that you need to understand and help you to use them confidently. Revision tips give you quick ways to understand the core concepts and practice remembering them.

Each chapter has lots of exam-style questions for you to practice. These are designed to build your confidence, consolidate your knowledge and stretch your understanding. Exam tips show you how to interpret questions, what you need to do in your answers, and give you advice on how to get as many marks as possible.

Oxford Revise uses a clear three-step method to get you ready for your exams.

Step 1: Knowledge – learn the facts
Everything you need to know in each chapter is summarised in an easy-to-follow Knowledge Organiser.

Step 2: Retrieval – check you’ve retained the knowledge
Quick-fire recall questions and answers make sure you have learned the knowledge you will need for your exams.

Step 3: Practice – complete questions in the style of the final exams
Practice applying your knowledge and skills with plenty of exam-style questions, featuring hints and tips from revision and subject experts.

Authors:
Helen Coupland-Smith and Stefan Wytwyckyj

About Helen Coupland-Smith

Helen graduated in Economics from Lancaster University. Before going into teaching she worked as a trainee chartered accountant and then in HR. She was Head of Business, Economics and ICT at a large secondary school in York until 2008. She has worked as a principal and senior examiner and moderator for a number of examination boards. Helen is a well-respected trainer and conference speaker. She left teaching in 2008 to pursue her ambition to put her business and economics knowledge to the test in setting up her own business. She is the founder and managing director of Time2Resources Ltd, a company specialising in Business and Economic education.

About Stefan Wytwyckyj

Stefan is a lecturer in Business and Social Sciences at the University of York, and has taught Business at GCSE and A Level in both the public and private sectors. He is a senior examiner for domestic and international GCSE and A Level Business specifications, and an established author. He has written study guides and textbooks to support a range of specifications, and is an experienced teacher trainer specialising in revision, exam skills, and Business.