BS1 The Business Framework

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 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