WJEC • Business studies
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Modules Business studies at WJEC
Notes available for the following courses of Business studies at WJEC
Latest content WJEC • Business studies
Component 1 Business Eduqas- Definitions of the following terms connected with the topic Sampling: 
- Population 
- Random Sampling 
- Quota Sampling 
- Stratified/segment Sampling 
- Cluster Sampling 
- Contact/''snowball'' Sampling 
- Multi-Stage Sampling
Component 1 Business Eduqas- Net Profit Margin 
- Net profit margin calculation 
- Ways to improve net profit 
- interpretating an income statement
Component 1 Business Eduqas- Net Profit Margin 
- Net profit margin calculation 
- Ways to improve net profit 
- interpretating an income statement
Component 2 Eduqas Business - Definitions and Evaluation of the following topic- Ansoff Matrix: 
- Market Penetration 
- Market Development 
- Product Development 
- Diversification
Component 1 Eduqas Business - Recruitment and Selection subtopics: 
- essential elements of a job 
- desirable elements of a job
Component 1 Eduqas Business - Definitions, Advantages and Disadvantages and Evaluation of Recruitment and Selection: 
- information that may be requested on an application form 
- stages of recruitment and skills needed at each stage- shortlist stage, interview stage
Component 1 Eduqas Business - Definitions, Advantages and Disadvantages and Evaluation of Recruitment and Selection: 
- workforce planning 
- job analysis 
- methods to recruit staff
Component 1 Eduqas Business - Definitions, Diagrams and Evaluation of Profit and Loss Statements 
- profit and loss scenario labelled 
- net profit 
- gross profit 
- trading account 
- appropriation account
Component 1 Eduqas Business - Definitions, Diagrams and Evaluation of Profit and Loss Statements 
- profit and loss scenario and answers 
- gross profit formula 
- net profit formula
Component 1 Eduqas Business - Definitions, Diagrams and Evaluation of Profit and Loss Statements 
- depreciation definition 
- profit and loss scenario