IEB MATRIC
BUSINESS
NOTES
, Business report
Step 1
What business Chapter must I wrive on
Step 2
Breakdown what sections or mose chapters need to hi
you
Step 3
read provided article that will assist in factors or topic
identifying
Step +
plan
Step 5
w rive introduction [definitions]
terms/sections that be disected
body
all
overarching will in
include all correct
formatting
describe the business with examples and
integrate
the definitions into this .
Step 6
write
body
Higher Thinking (20)
Order
Substantiation / (consistent report]
throughour une
Application 11
I
↳
real life examples 6 examples
consistent
throughout report
-
2 current affairs
↳
current affairs
problem 16
Solving
Identify challenge
discuss impact
solution in detail
give
Synthesis
correct formar
complete nuanced
arguement
, Chapter 1
Business environments
Micro Environment
smallest environment as it looks at the internal aspects of the business
made up of the 8 business functions
finance
general management
human resources
markering
production
public relations
purchasing
risk
management
financial function
4 main objectives
>
maximise profit
-
>
keeping expenses low
increase
profitability
-
ROI will be increased if profits maximised
only are
her profit 100
X
profitability
-
Capital T
or owners
equity
liquidity
>
-
[enough money rake
to care of short term debrs S
current assers can be turned into cash within 12 months
-
L
trading stock
than 2 1
:
current capital ratio ratio must be more
:
current assers ~ current liabilities
↓ ↓
inventory + trade Receivables & Cash Trade &
Payables + bank overdraft
:
acid rest ratio rario than 1 1
:
must be more
, assess how liquid a business can be without
reliance on sales
current assers
inventory
-
= current liabilities
↓ ↓
Receivables
Trade B + Cash Trade &
Payables + bank overdraft
Solvency
>
-
rotal asserstotal liabilities
Ishould be more than 2 /
:
7
Market Environment
External environment mat the business has little to no control over
Porters 6 force the market enviro
analysis makes up ent
① threat or new entrants
② current competitors
③ substiture products
⑦ power of suppliers
⑤ power or
buyers
⑥ complementary products
Macro environment
the business has no control
Entirely that
external environment over
The business impact of
needs to respond
appropriately to minimize
thrcars and maximise on opportunities :
plans of action to adapt
elements
PESTLE
Tools
Resource based
analysis
improving organisational performance
identify rangiblet intangible resources and the value
they bring to the
business
BUSINESS
NOTES
, Business report
Step 1
What business Chapter must I wrive on
Step 2
Breakdown what sections or mose chapters need to hi
you
Step 3
read provided article that will assist in factors or topic
identifying
Step +
plan
Step 5
w rive introduction [definitions]
terms/sections that be disected
body
all
overarching will in
include all correct
formatting
describe the business with examples and
integrate
the definitions into this .
Step 6
write
body
Higher Thinking (20)
Order
Substantiation / (consistent report]
throughour une
Application 11
I
↳
real life examples 6 examples
consistent
throughout report
-
2 current affairs
↳
current affairs
problem 16
Solving
Identify challenge
discuss impact
solution in detail
give
Synthesis
correct formar
complete nuanced
arguement
, Chapter 1
Business environments
Micro Environment
smallest environment as it looks at the internal aspects of the business
made up of the 8 business functions
finance
general management
human resources
markering
production
public relations
purchasing
risk
management
financial function
4 main objectives
>
maximise profit
-
>
keeping expenses low
increase
profitability
-
ROI will be increased if profits maximised
only are
her profit 100
X
profitability
-
Capital T
or owners
equity
liquidity
>
-
[enough money rake
to care of short term debrs S
current assers can be turned into cash within 12 months
-
L
trading stock
than 2 1
:
current capital ratio ratio must be more
:
current assers ~ current liabilities
↓ ↓
inventory + trade Receivables & Cash Trade &
Payables + bank overdraft
:
acid rest ratio rario than 1 1
:
must be more
, assess how liquid a business can be without
reliance on sales
current assers
inventory
-
= current liabilities
↓ ↓
Receivables
Trade B + Cash Trade &
Payables + bank overdraft
Solvency
>
-
rotal asserstotal liabilities
Ishould be more than 2 /
:
7
Market Environment
External environment mat the business has little to no control over
Porters 6 force the market enviro
analysis makes up ent
① threat or new entrants
② current competitors
③ substiture products
⑦ power of suppliers
⑤ power or
buyers
⑥ complementary products
Macro environment
the business has no control
Entirely that
external environment over
The business impact of
needs to respond
appropriately to minimize
thrcars and maximise on opportunities :
plans of action to adapt
elements
PESTLE
Tools
Resource based
analysis
improving organisational performance
identify rangiblet intangible resources and the value
they bring to the
business
