Unit A2 1 Making Business Decisions
CCEA
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Lecture notes
Mission Statement Super Summary
A one page super summary of mission statements and their advantages and disadvantages with general comments about the usefulness of one.
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Lecture notes
Examples of Mission Statements
An example of some of the world's largest companies mission statements.
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Lecture notes
Decision Trees
An example of how to draw a decision tree and how to draw a conclusion based upon that data.
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Exam (elaborations)
Contingency Plans
A sample essday of how to approach an essay on contingency plans using a past paper with a clear conclusion drawn.
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Lecture notes
Business Strategy and Planning
A look at strategic analysis e.g. SWOT, PESTEL, strategic choice e.g. Ansoff and Boston Matric and Strategic Implementation through an acronoym - OGADIR. Diagrams are used and evaluation via advantages and disadvantages are provided.
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Exam (elaborations)
Boston Matrix
An example of how to approach a exam question on a boston matrix using a past paper example.
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Exam (elaborations)
Ansoff Matrix
General paragraphs of how to approach a short question on Ansoff Matrix using a past paper example.
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Lecture notes
Business Plan
A look at what a business plan is, including their advantages and disadvantages.
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Lecture notes
Business Objectives
A look at the advantages and disadvantages of growth, survival and profit maximisation as business objectives.
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